FP Markets vs Alpari

• 📊

  FP Markets scores 8.2/10 overall vs 6.8/10 for Alpari — a 1.4-point difference.

• 💵

  Alpari requires just $5 to start, while FP Markets needs $100 — Alpari is 20x more accessible.

• 🛡️

  FP Markets holds Tier 1 regulation (ASIC, CySEC) offering stronger investor protection than Alpari's Tier 3 status.

• 📈

  FP Markets offers 10,000+ instruments vs 250+ at Alpari — a massive gap in market coverage.

• 🖥️

  FP Markets runs on MT4, MT5, cTrader, IRESS, while Alpari uses MT4, MT5 — different ecosystems for different trading styles.

• ⚡

  The biggest gap is in Regulation & Trust: FP Markets scores 8.5 vs 5.0 for Alpari — a 3.5-point difference.

After testing both brokers with real accounts, FP Markets comes out ahead with a 8.2/10 overall rating, winning 7 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. FP Markets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Alpari is not without merit — it scores 6.8/10 overall and excels in Deposit & Withdrawal (7.5/10). For a complete breakdown, read our full FP Markets review and Alpari review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Read FP Markets Review → Read Alpari Review →

When it comes to trading costs, FP Markets has the edge with a score of 8.5/10 versus 7/10 for Alpari. FP Markets offers spreads starting from 0.0 pips, while Alpari starts from 0.4 pips. The minimum deposit at FP Markets is $100, compared to $5 at Alpari. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

FP Markets scores 8.5/10 for platforms compared to 7/10 for Alpari. FP Markets provides MT4, MT5, cTrader, IRESS, while Alpari offers MT4, MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Regulation is crucial for fund safety. FP Markets is regulated by ASIC, CySEC (Tier 1), while Alpari holds licenses from FSA, FSC (Tier 3). FP Markets scores 8.5/10 and Alpari scores 5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

For learning resources, FP Markets leads with 7/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FP Markets and Alpari both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

FP Markets offers 24/7 Live Chat, Email, Phone and scores 8/10, while Alpari provides 24/5 Live Chat, Email, Phone with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

FP Markets scores 8/10 for deposits and withdrawals, while Alpari scores 7.5/10. FP Markets accepts Bank Transfer, Credit Card, PayPal, Skrill, Neteller, and Alpari supports Bank Transfer, Credit Card, Skrill, Neteller, Bitcoin, FasaPay. Processing times, fees, and available currencies vary. FP Markets requires a minimum deposit of $100 versus $5 for Alpari. Always check withdrawal conditions and any potential fees before funding your account.