Two established brokers face off on regulation, protection, and instrument depth, inviting readers to weigh which path better fits their trading needs.
Find out which broker best suits your trader profile.
Choose if…
Choose Alpari International if you want a larger instrument universe and broad geographic reach.
Choose if…
Choose Errante if you want top-tier regulator status with investor compensation and negative balance protection.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.9/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.0 / 5▲ |
Pros
26-year brand history in retail forex
Mature PAMM investor platform, one of the originals
ECN accounts with $6 per-lot commission competitive with top ECN desks
Wide geographic reach across CIS, MENA, and Africa
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Alpari International | Errante |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Alpari International rates 3.9/5 and Errante rates 3.8/5. Alpari International has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both Alpari International and Errante start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Alpari International has $5, while Errante requires at least $50. This makes Alpari International more accessible for traders with limited starting capital.
Errante holds top-tier regulation (CySEC, FSA Seychelles), providing stronger investor protections. Alpari International may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Alpari International requires a lower minimum deposit ($5), lowering the barrier to entry, and Errante provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Alpari International lists maximum leverage of 1000:1, while Errante lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot, lower than Alpari International's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
Alpari International supports MetaTrader 4, MetaTrader 5, while Errante supports MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5.
Both brokers offer spreads from 0.00 pips.
Errante offers CySEC regulation with ICF compensation up to EUR 20,000.
Errante offers raw 0.0 pip spreads on Pro ECN with $3/lot, appealing to active traders.
Errante is better suited for scalpers: lower commission ($3/lot).
Alpari lowers entry with a $5 minimum deposit, aiding new traders.
Alpari offers 250 instruments versus 200 at Errante.
Alpari emphasizes mature PAMM and MT4/MT5, delivering broader platform choices.
Fees & Spreads 30% weight | 4.1 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 3.8 / 5 | 3.9 / 5▲ |
|---|
| Founded | 1998 | 2017 |
|---|
| Headquarters | Port Louis, Mauritius | Limassol, Cyprus |
|---|
| Min Deposit | $5▼ lower | $50 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot | $3/lot▼ lower |
|---|
| 0.6 pips | 0.3 pips▼ lower |
| Max Leverage | 1,000:1 | 30:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSCA FSC | CySEC FSA Seychelles |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
FSC Mauritius licence, lower investor protection than FCA/ASIC/CySEC
Legacy of UK entity collapse in 2015 is a cautionary reference point
No top-tier regulatory licence for its core international client base
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
Alpari International and Errante are closely matched overall. Errante stands out on protection due to top-tier regulation and investor compensation, which Alpari lacks.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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