FxPro
Alpari
FxPro vs Alpari
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FxPro and Alpari are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FxPro, founded in 2006 and headquartered in London, UK, is regulated by CySEC, FCA, FSCA and offers spreads starting from 0.0 pips with a minimum deposit of $100. Alpari, established in 1998 in Saint Vincent and the Grenadines, holds licenses from FSA, FSC with spreads from 0.4 pips and a $5 minimum deposit. In our hands-on testing across 8 scoring categories, FxPro scored 8.4/10 overall compared to Alpari's 6.8/10, making it the stronger pick for most traders. That said, Alpari holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FxPro scores 8.4/10 overall vs 6.8/10 for Alpari — a 1.6-point difference.
- 💵
Alpari requires just $5 to start, while FxPro needs $100 — Alpari is 20x more accessible.
- 🛡️
FxPro holds Tier 1 regulation (CySEC, FCA, FSCA) offering stronger investor protection than Alpari's Tier 3 status.
- 📈
FxPro offers 2,100+ instruments vs 250+ at Alpari — a massive gap in market coverage.
- 🖥️
FxPro runs on MT4, MT5, cTrader, FxPro Edge, while Alpari uses MT4, MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: FxPro scores 9.0 vs 5.0 for Alpari — a 4.0-point difference.
Our Verdict
FxPro
Score: 8.4/10 · Wins 8 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
Alpari
Score: 6.8/10 · Wins 0 categories- You prefer a low minimum deposit ($5)
- You prefer Alpari's trading environment overall
FxPro takes the lead with an overall score of 8.4/10 compared to 6.8/10, winning in 8 out of 8 scoring categories. FxPro stands out for lower trading costs and better trading platforms, while Alpari remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, FxPro comes out ahead with a 8.4/10 overall rating, winning 8 out of 8 categories. Its strongest area is Platforms & Tools where it scores 9.0/10. FxPro 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 FxPro review and Alpari review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FxPro wins by 1.0 points
FxPro wins by 2.0 points
FxPro wins by 4.0 points
FxPro wins by 0.5 points
FxPro wins by 1.0 points
FxPro wins by 2.0 points
FxPro wins by 0.5 points
FxPro wins by 2.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.4/10 ✓ | 6.8/10 |
| Min Deposit Lower is better | $100 | $5 ✓ |
| Max Leverage | 1:500 | 1:1000 |
| Spreads From | 0.0 pips | 0.4 pips |
| Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5 |
| Regulation | CySEC, FCA, FSCA | FSA, FSC |
| Founded Older track record highlighted | 2006 | 1998 ✓ |
| Markets | 2,100+ ✓ | 250+ |
Fees & Costs
When it comes to trading costs, FxPro has the edge with a score of 8/10 versus 7/10 for Alpari. FxPro offers spreads starting from 0.0 pips, while Alpari starts from 0.4 pips. The minimum deposit at FxPro 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.
Trading Platforms
FxPro scores 9/10 for platforms compared to 7/10 for Alpari. FxPro provides MT4, MT5, cTrader, FxPro Edge, 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 & Safety
Regulation is crucial for fund safety. FxPro is regulated by CySEC, FCA, FSCA (Tier 1), while Alpari holds licenses from FSA, FSC (Tier 3). FxPro scores 9/10 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.
Education & Research
For learning resources, FxPro leads with 7.5/10 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. FxPro 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.
Customer Support
FxPro offers 24/5 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.
Deposit & Withdrawal
FxPro scores 8/10 for deposits and withdrawals, while Alpari scores 7.5/10. FxPro 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. FxPro requires a minimum deposit of $100 versus $5 for Alpari. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FxPro if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
Choose Alpari if you...
- You prefer a low minimum deposit ($5)
- You prefer Alpari's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FxPro better than Alpari?
FxPro scores higher overall (8.4/10 vs 6.8/10), winning 8 of 8 categories. However, Alpari remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, FxPro or Alpari?
FxPro scores higher for trading costs. FxPro offers spreads from 0.0 pips with a $100 minimum deposit, while Alpari starts from 0.4 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FxPro safe to trade with?
FxPro is regulated by CySEC, FCA, FSCA and scores 9/10 for regulation. Alpari is regulated by FSA, FSC with a score of 5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FxPro or Alpari?
FxPro scores 9/10 for platforms. FxPro offers MT4, MT5, cTrader, FxPro Edge, while Alpari provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FxPro vs Alpari?
FxPro requires a minimum deposit of $100, while Alpari requires $5. Alpari has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.