Alpari Internationalvs
Plus500Forex Broker Comparison
Alpari International and Plus500 face off on trust, regulation, and pricing. The axis of tension is regulatory credibility versus platform design and costs.
Our Verdict
Plus500 winsby 0.1 pts
Plus500 has top-tier regulatory oversight with FCA, ASIC, CySEC, MAS, and CMA, while Alpari International is regulated by FSC Mauritius and FSCA. This regulatory gap is the clearest differentiator in the comparison.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Alpari offers MT4/MT5 access; Plus500 relies on a proprietary platform.
- 2Plus500 holds top-tier regulation; Alpari operates under FSC Mauritius.
- 3Plus500 provides negative balance protection; Alpari does not.
Who should choose Alpari International vs Plus500?
Find out which broker best suits your trader profile.
Choose Alpari International if…
Choose Alpari International if you value MT4/MT5 access and phone support.
Choose Plus500 if…
Choose Plus500 if you prioritise top-tier regulation and a zero-commission model.
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 0.60 pips for Plus500, reducing trading costs.
Best for safety & regulation
Recommended
Alpari International vs Plus500: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.2 / 5▲ |
Alpari International vs Plus500 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 Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
Alpari International
criteria wins
4
Plus500
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Alpari International | Plus500 |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Alpari International vs Plus500: Frequently Asked Questions
The scores are close: Alpari International rates 3.9/5 and Plus500 rates 4/5. Plus500 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 Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Alpari International has $5, while Plus500 requires at least $100. This makes Alpari International more accessible for traders with limited starting capital.
Plus500 holds top-tier regulation (FCA, ASIC, MAS), 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 Plus500 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 Plus500 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.
Alpari International charges $6 per lot on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing.
Alpari International supports MetaTrader 5, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. Alpari International has exclusive access to MetaTrader 5 and MetaTrader 4. Plus500 has exclusive access to Proprietary Web/Mobile.
