How to Open Account in Alpari

Alpari broker is one of the many brokers that provides trading comfort and security. Learn the following guide to open an account with Alpari broker.

To trade comfortably and safely, you need a reliable and quality broker. You can do just that by trading with Alpari.

Founded in 1998, Alpari is a global forex and CFD broker catering to over 4 million clients with a presence in 13 countries. Licensed in multiple jurisdictions including St. Vincent & Grenadines, Seychelles, and the UK, Alpari prioritizes client security through regulations and memberships in independent bodies.

Traders can choose from MetaTrader 4 and 5 platforms, known for their user-friendly interface and powerful charting tools. For high-volume traders, Alpari offers the advanced "Alpari International Direct" platform. To cater to diverse trading styles, Alpari provides a range of live accounts with different features and base currency options (USD, EUR, GBP, NGN).

Without further ado, let's learn how to open an Alpari account.

Alpari | Specifications | Review | Testimonials (9) | News (14) | Articles (3)

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Review Start Trading

Website

alpari.com

Established

1998

Leverage

1:1000

Min Deposit

$1

Regulation

SVGFSA, 20389 IBC 2012, FSA (Seychelles), SD026, The Financial Commission, 01, 09, 2013

Key Features Extensive Review

Bonuses

PAMM

Trading contests

Segregated accounts

Managed accounts

Free education

Trading by phone

Copy Trading

WebMoney

Skrill

Wire transfer

Neteller

FasaPay

Alpari International is one of the largest forex brands. They always try to work hard to make sure traders make the best trading and investment decisions. Established on 24th December 1998, Alpari has started from a small group of men who are looking to start a business in finance in one of the most economically precarious years in Russia's history.

During 20 years of experience in the forex industry, there are about 2 million traders choosing Alpari as the broker to trade with. Alpari has a head office on the 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius. The company is regulated in St.Vincent and the Grenadines (the licensed number is 20389 IBC 2012), IFSC Belize (the licensed number is IFSC/60/301/TS/18).

This broker uses MetaTrader 4 and MetaTrader 5, both of which offer great flexibility, charting tools, and an easy-to-use interface. For higher volumes, the company also provides the Alpari International Direct platform which offers enhanced features for advanced investors.

The company offers an array of live trading accounts to choose from. Each one offers different opportunities and allows traders to trade in different ways. All of their accounts use USD, EUR, GBP, and NGN as the options for base currency. But, NGN accounts are only available to clients in Nigeria.

Each kind of account has a different spread. At Standard Account provides spreads from 1.2, the spread of Micro Accounts is from 1.7, and ECN Account and Pro Account have spread from 0.4. A trader can open an account in Alpari and opt to trade currencies (FX majors, FX minors, FX exotics, and FX RUB), spot metals, spot commodities, stock trading, spot indices, and crypto-currencies.

A trader can find out what the minimum spreads, pip value, swaps, and trading session times are for each instrument before start trading. If the trader is still not sure where to begin, they can found the answer in a guide provided by Alpari on their official website.

Their guide to trading is designed to break down the terminologies and answer the most frequently asked questions by traders. A trader will be trading more quickly and with more confidence in no time.

Besides, Alpari offers PAMM (Percent Allocation Management Module) which allows a trader to choose their desirable Account Manager. This allows traders to have a chance in gaining more profit without advanced knowledge of forex trading. These managers usually have a wealth of experience in the markets, with tried-and-tested strategic trading decisions.

This program also gives opportunities for well-seasoned traders to become Strategy Managers. As Strategy Managers, they can use their trading experience and earn more from profitable trades. They have privileged access to Alpari's advanced programs and all the tools they need to cultivate a massive following of investors. The investors then will help Strategy Managers to earn more through commission fees up to 40%.

Their website also provides various Forex Trading Strategies. Because to increase the chance to profit, it's important to know as much about the markets and the trading strategies behind them as possible. Alpari believes that strategies provide traders with a roadmap for trading, reducing panicked decision-making that can occur in the heat of the moment. In other words, trading in Alpari allows traders to learn about any kind of forex trading strategy.

For educational purposes, the company provides Trading Webinars, one of the variants of technology that allows users to hold seminars, talk shows, and discussions online, without having to communicate face to face.

Alpari creates a very convenient funding and withdrawal experience for each trader. A trader can transfer with any kind of methods, such as e-payment (example: FasaPay, Local Transfer, TC Payment, etc), credit cards (Visa, Mastercard, and Maestro), E-Wallet (Neteller, Skrill, VLOAD, TC Pay Wallet, WebMoney, Perfectmoney, Bitcoin), and bank transfer. If there's been no trading activity on the trader account for at least 6 months, an inactivity fee of 5 EUR/USD/GBP will be applied.

All Back office transfers are processed during standard business hours, 03:00-19:00 GMT+2 (GMT+3 during DST), Monday-Friday. If traders still feel confused, they can contact Alpari's team by any method, such as Live Chat, Telegram, or email.

How to Open a Live Account in Alpari

The Alpari registration process can be done either through the website or the mobile app. Here's a guide on Alpari sign-up via the website. Don't worry, the process is more or less the same on the app:

1. Head over to Alpari's website. On the homepage, click the "Open Account" button located in the top right corner or the middle banner.

2. You will be directed to the Alpari page for filling out the registration form. Enter your details in the provided columns, including your country of residence, email, and password. Once done, don't forget to tick the small box that says you accept the terms. Then, click "Complete registration".

3. Check your email, and save the details of your account.

4. Verify your account. To comply with regulations, Alpari requires you to verify your identity and address. This typically involves uploading scanned copies of a government-issued ID and proof of address documents such as passport, ID, Bank Statement, Electricity Bill, and Credit Card. To upload data, please go to the top left corner click "My Account" dropdown menu, and select "Upload Documents".

Note: Completeness of this profile is very necessary so that the deposit and withdrawal features can be opened.

5. Open a trading account. To open Alpari account, go to the "My Account" menu in the left sidebar, select "Trading Account" and click "Live Accounts".

6. Choose your account type. At this stage, please choose the account criteria according to your individual preferences. At the Alpari broker, there are 5 account types available, starting from standard.mt4, ecn.mt4, pro.ecn.mt4, standard.mt5, and ecn.mt5. Then click "Open Account".

7. Save your live account login information details. This information is very sensitive, so don't let anyone know your live account login details. This information will also be sent to the registered email.

8. Fund your Trading Account. Select your preferred deposit method from various options like bank transfer, debit or credit card, or e-wallet. Enter the desired deposit amount and follow the instructions for your chosen method. Remember to check any minimum deposit requirements for your chosen account type.

9. Download and install a trading platform. Alpari offers popular platforms like MetaTrader 4 and 5. To download the MetaTrader application, please go to the main client area page, in the side menu "Platforms and Applications" select MetaTrader. Choose the platform that best suits your needs and trading style. Download and install the Alpari application on your computer or mobile device.

10. Log in and start trading. Once your Alpari account is verified and funded, you can log in to your trading platform using the detailed account you have. You can now start trading various instruments like forex, commodities, and CFDs.

Which Alpari's Account Suits You Best?

As mentioned earlier, Alpari broker offers a variety of account options for traders with different strategies and backgrounds. There are 5 types of accounts available:

• Standard.mt4
• Ecn.mt4
• Pro.ecn.mt4
• Standard.mt5
• Ecn.mt5

So, what sets them apart? Take a look at the following table for an easy comparison.

If you want to start small, Standard.mt4 account might be a great choice. The minimum deposit is only $20 and the dynamic leverage goes up to 1:1000. However, if you want to use MetaTrader 5 with the same account specifications, you can use Standard.mt5.

On the other hand, if you want a challenge in trading using high leverage, the Ecn.mt4, Pro.ecn.mt4 and Ecn.mt5 accounts could be your choice. The reason is, that these types of accounts provide leverage of up to 1:3000.

Alpari is a reputable and established forex broker offering a wide range of instruments, competitive pricing, and educational resources. This broker uses MetaTrader 4 and MetaTrader 5, both of which offer great flexibility, charting tools, and an easy-to-use interface. For higher volumes, the company also provides the Alpari International Direct platform which offers enhanced features for advanced investors.