Alpari International vs RoboForex Forex Broker Comparison
A head-to-head comparison of Alpari International and RoboForex across regulation, trading costs, platforms, and editorial scoring.
Score 3.9 / 5
2 bonusesHistoric retail forex brand regulated by FSC Mauritius, offering MT4 and MT5 with ECN and Standard accounts, widely recognised in the CIS and emerging markets but operating under an offshore licence since the Alpari UK collapse.
VS
IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.
Our Verdict
RoboForex winsby 0.1 pts
RoboForex edges ahead with a score of 4/5 vs Alpari International's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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 pips.
Best for safety & regulation
Recommended
RoboForex has a stronger safety profile: segregated funds, negative balance protection.
Best for active traders
Recommended
Alpari International has a cost edge: lower commission ($6/lot).
Best for platform choice
Recommended
RoboForex offers more exclusive platform options: Proprietary Web/Mobile, cTrader, a proprietary platform.
Best for beginners
Recommended
RoboForex edges out Alpari International with a higher editorial score (4/5 vs 3.9/5), indicating a stronger overall experience for new traders.
Alpari International vs RoboForex: 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▲ | 3.6 / 5 |
Fees & Spreads 30% weight | 4.1 / 5▲ | 3.9 / 5 |
Platforms & Tools 20% weight | 3.9 / 5 | 4.2 / 5▲ |
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
| Founded | 1998 | 2009 |
| Headquarters | Port Louis, Mauritius | Belize City, Belize |
| Min deposit | $5 | $10 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $20/lot |
| Max leverage | 1000:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA FSC | FSCA CySEC IFSC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 cTrader |
| Active bonuses | ||
| Visit broker | Visit Alpari International | Visit RoboForex |
Alpari International vs RoboForex 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
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
12,000+ instruments including real stocks and ETFs
cTrader available with full Level II and cAlgo
Multiple account types from Cent to ECN
R Trader proprietary platform with built-in analytics
Client funds held in segregated accounts
Negative balance protection
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
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
Primary entity uses IFSC Belize - offshore, limited protection
ECN commission of $20 round-turn is higher than IC Markets ($7)
Very high leverage (2000:1) amplifies risk significantly
No top-tier regulatory licence
No investor compensation scheme
Alpari International vs RoboForex: 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
RoboForex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Alpari International | RoboForex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| 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 | Pass |
| 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 RoboForex: Frequently Asked Questions
Based on our independent editorial scoring, RoboForex ranks higher with a score of 4/5 vs 3.9/5 for Alpari International. The best choice still depends on your individual trading needs; Alpari International and RoboForex may each suit different trader profiles.
Both Alpari International and RoboForex offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Alpari International has a lower minimum deposit of $5, while RoboForex requires at least $10. This makes Alpari International more accessible for traders with limited starting capital.
Alpari International is regulated by FSCA, FSC. RoboForex is regulated by FSCA, CySEC. Always confirm a broker's current regulatory status before opening an account.
For beginners: Alpari International has a lower minimum deposit ($5), lowering the barrier to entry; RoboForex offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
Alpari International offers maximum leverage of 1000:1, while RoboForex offers up to 2000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Alpari International charges $6 per lot, lower than RoboForex's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
Alpari International supports MetaTrader 4, MetaTrader 5 and RoboForex offers MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5, cTrader; both support MetaTrader 4, MetaTrader 5; RoboForex exclusively offers Proprietary Web/Mobile, cTrader.
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Score 3.9 / 5
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