Alpari Internationalvs
FXTMForex Broker Comparison
Two brokers clash on regulation, costs, and platform access. The clash highlights differing regulatory footprints and global reach, inviting a closer look at where each stands.
Our Verdict
FXTM winsby 0.3 pts
FXTM outperforms Alpari International with a higher editorial score and stronger protections, including FCA and CySEC regulation plus a compensation scheme and negative balance protection.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXTM is regulated by FCA and CySEC, while Alpari relies on FSC/FSCA.
- 2FXTM offers compensation scheme and negative balance protection; Alpari does not.
- 3FXTM provides 600 instruments versus Alpari's 250.
Who should choose Alpari International vs FXTM?
Find out which broker best suits your trader profile.
Choose Alpari International if…
Choose Alpari International if you want to start with $5 and ECN pricing with a $6 per-lot commission.
Choose FXTM if…
Choose FXTM if you want a $10 minimum and FXTM Invest copy trading.
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
Recommended
Alpari International offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
Best for safety & regulation
Recommended
Alpari International vs FXTM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.2 / 5▲ |
Alpari International vs FXTM 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 FXTM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Alpari International
criteria wins
3
FXTM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Alpari International | FXTM |
|---|---|---|
| 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 |
Alpari International vs FXTM: Frequently Asked Questions
The scores are close: Alpari International rates 3.9/5 and FXTM rates 4.2/5. FXTM 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.
Alpari International starts from 0 pips, tighter than FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Alpari International has $5, while FXTM requires at least $10. This makes Alpari International more accessible for traders with limited starting capital.
FXTM holds top-tier regulation (FCA, FSCA, 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 FXTM 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 FXTM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Alpari International charges $6 per lot on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing.
Alpari International supports MetaTrader 5, MetaTrader 4, while FXTM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4.
