Alpari Forex India Review

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Alpari Review India – What is Alpari

Alpari India is a forex and CFD broker. Our detailed review explains everything from MT 4 and MT 5 trading platforms to specific topics like minimum deposit, bonus and account type information. We highlight Alpari Group’s position of control and explain that the brand offers a good investment for traders, whether they are new, experienced Indian traders or professionals.

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Trading Platform

Alpari International operates web-based MetaTrader 4 and MetaTrader 5 platforms with a dealing desk. Both platforms will provide great flexibility, including modern and intuitive charting tools and easy navigation.

There are 4 platform versions to choose from iOS, Desktop, Android,  and The WebTrader. These are ideal for those who are just starting out trading.

Alpari India Direct Platform is available if you are a more experienced trader and are looking for more trades.

This advanced platform is ideal for advanced investors, as various additional features are available.

If you open an MT4 micro account, with 50% margin call and 30% stop outset, you will have instant order execution access. The standard Meta Trader 4 account also provides instant execution. However, margin calls set slightly higher at 60%.

For experienced users, ECN accounts can be more and more attractive. These offer 100% margin calls, although pending orders are set at a maximal of 300.

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  • Website:
  • Headquarter: Mauritius
  • Regulation: FSC
  • Established: 1998
  • Founder / CEO: Andrey Dashin

Alpari Review India – Markets

This trading broker offers access to a decent variety of famous financial markets:

  • 11 global equity indices
  • 10 major US stocks to trade
  • More than 60 plus Forex pairs and crosses
  • Commodities such as gold, silver, natural gas, and crude oil

Alpari is a brand that has damaged their reputation during previous ownership. Although the current performance is much better, historical issues remain, and we will not recommend Alpari here on

How to Trade on Alpari

As an individual user, you do not have to physically own an asset to make a profit from such a product. Users can buy or trade security, then you can benefit from changing its price through various financial instruments. We have summarized the various trading vehicles available on the Alpari platform:

Alpari Forex India

IQ Option Free Demo

IQ Option Demo

Expert Option Demo

Expert Option

Expert Option Demo

Pocket Option Demo Account

Pocket Option Demo


Contracts for differences are derivatives that track the underlying performance of an asset, such as a stock. The buyer actually gets all the benefits of owning the property, including price increases and paying dividends. Leveraged CFDs can be used to estimate stocks, indices, forex and more in Alpari.


A futures contract is agreement to exchange a certain amount of gold, for example, on a future date. As a buyer, you pay for the contract at the time of purchase. If the price goes up between the date of purchase and the contract’s expiration date, you make a profit.


With an options agreement, users have the right to buy/sell a security at a later date at an agreed price. Unlike futures, indian traders do not have to buy or sell at the end of the contract if they do not like it.

Spot trading

A spot product is different from a futures or options contract – where assets are exchanged at any time in the future. In the spot market, precious metals or commodities, for example, are traded in the current market to gain in small price movements. The idea is to either go long when you believe the asset’s price is rising, or short when you expect it to go down.

Fix the deal

Alpari also offers binary options in major financial markets. Popular with newcomers, binary options contracts allow investors to know the potential gains and losses before entering a position. Brokerage offers call or put, touch, spread, range, express and turbo options. The minimal position size is 1 USD and validity is as short as 30 seconds.

However, it is always essential to remember that losses can occur with every investment vehicle, so you should always trade responsibly.

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Spreads & Commission

The Alpari International offer spreads in the main currency pair at only 0.4 pips, which is some of the most challenging trading markets. The spreads available in trades will depend on the type of account you keep. The Micro MT4 account only offers spreads when trading major Forex pairs starting at 1.7 pip.

If users want to open a standard MT4 account, these traders offer spreads from 1.2 pip to the major Forex pairs. If clients are a more experienced trader, the ECN account spread for majors starts at just 0.4 pip.

Now, if users are a professional trader who wants to trade individual stocks, you need to open an ECN Pro account. There is no free commission charged on this account compared to the ECN account, which charges $ 3 per lot round trip.


The amount of maximum leverage paid will depend on the type of trader’s account. For example, MT4 micro-accounts offer a maximum of 1: 400 available leverage. Whereas, ECN account and Standard MT4 account offer a maximum 1: 1000 available leverage.

The several amounts of leverage from 1000 to 1 will decrease as the size of the conceptual trade of open position increases. The total conceptual value reached 8 million; Leverage will drop to a low of 25 to 1. If you plan to trade cryptocurrency and individual stocks, the maximum leverage paid is due to regulatory rules.

Alpari International advises that certain multiplier levels and specific products are not available to those located in EEA countries. This is due to the legal restrictions on traders in these locations

Alpari Review India – Mobile App

It is possible to download MetaTrader 4 or MetaTrader 5 apps through the App Store. Available for both iOS and Android platforms. The MetaTrader 4 app offers features like 3 possible chart views and 30 plus trading indicators. In contrast, the MetaTrader 5 app offers financial news updates, market depth information and a complete set of orders.

Payment Methods

Alpari International provides a quick and secure depositing process. The next following methods are accepted for deposits and withdrawals:

  • Skrill
  • Debit cards
  • Bank transfer
  • FasaPay
  • WebMoney
  • Bitcoin
  • Perfect Money
  • Credit cards

The processing time will fully depend on the individual payment method. If multiple bank wire transfers are involved, it may take up to 3 to 5 days for funds to reach users Alpari International Trading Account.

In order to withdraw money through electronic payment system, the payment will usually be processed within 1 business day. To improve security, you need to verify your identity with the Payments Department when you first withdraw. They will contact the users through their registered email or the phone number registered in your account.

Most withdrawals do not require a commission fee. However, there are some charges ranging from 0.5% to 2% for electronic wallets A fee of 30 euros is charged for all bank wire transfers.

Alpari Review India – Demo Account

A free demo account is available, which can be used as a risk-free way to learn how to trade without depositing any funds. Users will have access to both MT4 and MT5 platforms, where you will be able to test various famous trading strategies.

Users demo account will be loaded with virtual funds, so that you can use a practical method to learn the trading art.

Alpari Review India – Deals and Promotions

They are known for running regular promotions for their clients, such as long-term loyalty cashback programs. Each lot that a client trades gives them a cash discount. There are five possible rebate levels, each capable of withdrawing rebates as cash.

It is worth checking the promotion field regularly, as new offers and incentives are often available. For example, they regularly offer top-up credit on certain deposits. This can increase your deposit by up to 30%. If users are not sure if they are eligible for a particular promotion, see the detailed terms.

Alpari Review India – Regulation and Licensing

Alpari India is one of the trusted brokerage groups, with a well-established history spanning more than 20 years plus. They are regulated by the Financial Services Commission of the Republic of Mauritius through their parent company Exinity Limited. Their investment dealer license number is C113012295.

They offer negative balance protection, if a market changes rapidly against your current trade, your account will not fall into negative balance.

As a member of Financial Commission, there is an external dispute resolution process available. For example, if claiming on behalf of the merchant, you will have access to a maximum of 20,000 EUR in compensation.

Additional Features

If users are new to trading, lack confidence or lack of time, then you can benefit from Alpari Copy Trading feature.

It will offer the same thrill of trading, although your account will automatically copy the steps of experienced traders using the platform. It is possible to see the Alpari India Top Ranking Strategy Manager, which will display a list of potential traders to follow. Those are known as strategy managers and their trade moves can be instantly copied to your own account.

If you want to learn the basics of trading, there are various tools for trader education. Just open the ‘Learn to Trade’ button and you will find articles like ‘The Beginners Guide to Trading’.

Brokerage services are available in many countries around the world, although the following are currently excluded; Georgia, Ukraine, Turkmenistan, Belarus, Uzbekistan, Tajikistan, Moldova, Armenia, Kyrgyzstan, Kazakhstan, Azerbaijan, Russia, Democratic Republic of Korea, Suriname, Haiti, Japan, Canada,

Account Types

In addition to the free demo account, 4 account types will use real money. These are divided into standard and enhanced accounts, known as ECN types.

The standard accounts are available as a primary option, known as the MT4 MicroAccount, and the standard MT4 account, both offer market-maker execution. The trading accounts for more experienced traders are the standard ECN account and the ECN Pro Account, which provide instant execution.

Although the range of accounts is offered freely, specific trading markets are closed to some accounts. Whichever account users choose it is possible to use one of four base currencies; 

  • GBP
  • USD
  • EUR
  • NGN (accounts are only available to clients in Nigeria.)

By accepting Nigerian Naira, Alpari clearly demonstrates its commitment to making international trading more accessible. Nigeria is a significant trading market for the brand.

Alpari Review India – Company Details

Alpari India was founded in Mauritius in 1998 and has become an important platform in the trading industry. The current refreshed brand was launched in 2013 as a new and exciting chapter for the group. With over 20 years in the market, Alpari International has grown worldwide.

This Indian trading giant has more than 2 million users and aims to offer a modern and dynamic platform for each trader. An easy-to-use website and a range of 250 trading instruments has opened the brand to traders of every experience level.

As traers would expect from a reputable brand they are regulated by the Financial Services Commission (FSC).

Alpari Review India – Benefits

One of the significant advantages of trading with Alpari International is the competitive trading conditions, which are designed to appeal to every new and experienced traders.

This means that the financial markets are available to even the smallest investors who are able to deposit a minimal of 5 EUR. They also provides competitive leverage spreads and margins. For example, a typical account holder will have a floating leverage of 1: 1000. Note that the margin in the commodity futures market is lower than that of equity futures and options.

Benefits for advanced or professional users include improved spreads, the benefits of being a loyalty scheme and strategy manager, and sharing the amount of trades created. The impressive range of products, which is an independent asset class, also provides good opportunities for portfolio diversification.

We were also pleased to see that the broker offers binary options, known as fixed deals. These are great for newbies, offering a simple ‘yes or no’. New traders can start with just 1 USD and the brand’s binary options products are available on both desktop and mobile trading platforms.


Charges are involved if you consider using the popular Strategy Manager tool to copy trades. To choose one or more strategy managers, you need to pay EUR / USD / GBP 100, which can be a hurdle for those who start trading and want to make small deposits.

In addition, the terminology used with copy trading tools can be difficult for a novice trader to understand. However, Alpari International offers a simple explanation for many important terms.

They do not offer research tools through their platforms, which can make it difficult to follow market data. Although the MetaTrader 5 platform offers some short news articles that can help with research.

Alpari recently stopped trading in cryptocurrency, which would be a significant mistake for some.

Customer Support

Alpari International has a great reputation for providing excellent service to their satisfied customers. They are especially good at providing support and guidance through live chat, email and phone services. Their websites are also available in 9 languages, including Chinese, Persian and English.

The customer support team is based in Mauritius and is available 24 hours a day from Monday to Friday. Although they are open on Sunday afternoons for urgent questions.

  • Address: 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene, 72201, and Republic of Mauritius
  • Telephone: +442 080 896 850
  • Email:

Safety and Security

Payments processed via the site are handled by a secure payment provider, which ensures that personal details are secure and secure. Card transactions are processed via Al Accept Solutions Limited and FR Global Services Limited.

Designed to make the registration process quick and easy, just click on the ‘Register’ tab at the top right of the website. Users will be asked to enter your details, after which a PIN verification will be sent to their registered phone or email address. Once verified user will be able to log in to your account and complete your profile.

When users register for a demo account or a full payment account, users will need to provide personal and financial information. As part of this process, they will need to provide proof of their residence and identity by offering documents such as a passport, utility bill, national identity card or bank statement.

If you close your Alpari account at a later date, they will keep your details file for another 7 years.

Alpari International adheres to strict security standards and uses the latest security technologies to protect your personal and financial information.

Accepted Countries

Alpari receives traders from Australia, Thailand, United Kingdom, South Africa, Germany, Singapore, Hong Kong, India, France, Norway, Sweden, Italy, Denmark, Saudi Arabia, Kuwait, Luxembourg, United Arab Emirates, Qatar, etc most other countries.

Traders can use the United States, Ukraine, Japan, Russian Federation, Canada, Moldova, New Zealand, Haiti, Suriname, Azerbaijan, Turkmenistan, Uzbekistan, Armenia, Georgia, Kazakhstan, Belarus, Tajikistan, Kyrgyzstan, Kyrgyzstan.

Alpari Verdict

Whether the users are a first-time trader or an experienced professional, the wide range of accounts and potential features will appeal to many.

The latest trading platform is user-friendly and offers a fast registration process. They are also committed to providing advice and guidance to the Indian traders, so continue to be an attractive option for many modern traders.

Alpari is a popular choice for those looking for the lowest margin when trading Forex. In our opinion, Alpari India has really become different from the competition, thanks to its pioneering thinking.