This comparison pits Alpari International against FXOpen on regulation, costs, and platform breadth, creating tension between trust and cost efficiency.
FXOpen edges Alpari International on overall score due to stronger regulation, lower fees, and broader platform options.
Find out which broker best suits your trader profile.
Choose Alpari International if…
Choose Alpari International if you want a very low minimum deposit and MT4/MT5 access.
Choose FXOpen if…
Choose FXOpen if you value triple regulation and lower ECN commissions with MT4, MT5, and cTrader.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.5 / 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 | FXOpen |
|---|---|---|
| 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 | Fail |
| Multilingual support | Pass | Pass |
The scores are close: Alpari International rates 3.9/5 and FXOpen rates 4.2/5. FXOpen 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 FXOpen 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 FXOpen requires at least $100. This makes Alpari International more accessible for traders with limited starting capital.
FXOpen holds top-tier regulation (FCA, 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 FXOpen 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 FXOpen 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.
FXOpen 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 5, MetaTrader 4, while FXOpen supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FXOpen has exclusive access to cTrader.
FXOpen is stronger on safety with FCA, CySEC, and ASIC oversight.
FXOpen appeals to active traders with lower ECN commissions and broad instrument access.
FXOpen is better suited for scalpers: lower commission ($3/lot).
FXOpen offers MT4, MT5, and cTrader, expanding platform options.
Alpari International wins for beginners with a $5 minimum deposit.
Fees & Spreads 30% weight | 4.1 / 5 | 4.8 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.4 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
|---|
| Founded | 1998 | 2003 |
|---|
| Headquarters | Port Louis, Mauritius | London, United Kingdom |
|---|
| Min Deposit | $5▼ lower | $100 |
|---|
| 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 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit cardSkrillNetellerCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardSkrillNetellerCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSC FSCA | FCA ASIC CySEC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| 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
FCA, CySEC, and ASIC triple regulation
$3 round-turn ECN commission, one of the lowest in retail forex
Early cTrader adopter with mature integration
MT4, MT5, and cTrader all available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
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
$100 minimum deposit on ECN accounts
Less brand recognition than larger competitors
Customer support coverage narrower than global tier-1 brokers
No proprietary platform
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Alpari InternationalvsGO Markets
Alpari InternationalvsAdmirals
Alpari InternationalvsBlueberry Markets
Alpari InternationalvsEightCap
Alpari InternationalvsFxPro
Alpari InternationalvsTickmill
Alpari InternationalvsFP Markets
Alpari InternationalvsIC Markets
Alpari InternationalvsFusion Markets
Alpari InternationalvsAMarkets
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker