Alpari Internationalvs
FP MarketsForex Broker Comparison
This comparison pits an established offshore brand against a regulated, feature-rich broker. The tension centers on regulation, pricing, and platform choice.
Our Verdict
FP Markets winsClear Winner
FP Markets edges Alpari International on regulation, compensation, and instrument breadth. Overall, FP Markets is the winner based on higher editorial score.
FP Markets
4.5/5
Alpari International
3.9/5
Key Differences
- 1Top-tier regulation: FP Markets (ASIC/CySEC) vs Alpari's Mauritius FSC.
- 2Investor compensation available with FP Markets; none with Alpari.
- 3Instruments: FP Markets offers 10000; Alpari offers 250.
Who should choose Alpari International vs FP Markets?
Find out which broker best suits your trader profile.
Choose Alpari International if…
Choose Alpari International if you prefer a low-entry point with a $5 minimum deposit and high leverage.
Choose FP Markets if…
Choose FP Markets if you want true ECN pricing from 0.0 pips with a $6/lot commission, plus MT4/MT5 and cTrader.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
Alpari International vs FP Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.6 / 5▲ |
Alpari International vs FP Markets Forex Broker Pros & Cons
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
Alpari International vs FP Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Alpari International
criteria wins
4
FP Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Alpari International | FP Markets |
|---|---|---|
| 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 | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Alpari International vs FP Markets: Frequently Asked Questions
FP Markets rates 4.5/5 versus 3.9/5 for Alpari International. FP Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both Alpari International and FP Markets 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 FP Markets requires at least $100. This makes Alpari International more accessible for traders with limited starting capital.
FP Markets holds top-tier regulation (ASIC, CySEC), 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 FP Markets 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 FP Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both Alpari International and FP Markets charge the same commission of $6 per lot on applicable accounts.
Alpari International supports MetaTrader 5, MetaTrader 4, while FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and TradingView.
