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ALPARI
 

Updated: February 2009

Min. Deposit: 200 US Dollars

Founded: 1998

Platforms: Metatrader 4

Regulation: Alpari (US), LLC is registered with the Commodities Futures Trading Commission (CFTC) as a Futures Commission Merchant and is a member of the National Futures Association (NFA)

Customer Support: Standard support

The Good: Old and professional broker: 3 companies under 1 name

The Bad: No proper live support agents

 
 

ALPARI is an old and professional broker. They have 3 companies united under 1 common name. Alpari (US), LLC is registered with the Commodities Futures Trading Commission (CFTC) as a Futures Commission Merchant and is a member of the National Futures Association (NFA)

Alpari Companies are:
ALPARI IDC (Russia): http://alpari.org
Alpari (UK) Limited http://alpari.co.uk
Alpari (US), LLC http://www.alpari-us.com/

The spreads are normal comparing to other brokers and I have not heard anything bad about them. However UK and US versions do not have live support and Russian company live support could not respond properly about the differences between their 3 companies and was very unfriendly.

Short Interview with Live Chat Alpari Russia (alpari-forex.com):

Mark | 16:33 Do you have English live support?
Mark | 16:36 Hello. I am interested in Alpari brokerage and would like to find out more about it. Are you regulated?
Mark | 16:35 are you here?
16:36 Dmitry Suvorov has joined the chat.
Dmitry Suvorov | 16:36 Hello! Yes. We are regulated by FRA.
Dmitry Suvorov | 16:36 http://kroufr.org/ If you mean Alpari IDC Corp.
Mark | 16:37 I know you have Alpari Russian, UK and US versions. I am very confused. Which one is better and more reliable? What are the differences?
Dmitry Suvorov | 16:39 All this companies are different artificial persons
Mark | 16:39 Which one is better and more reliable?
Mark | 16:42 is this a live support or what? it takes 10 mins to get your reply. do you have proper english live support?
Dmitry Suvorov | 16:43 Now you're chatting with the customer support of Alpari IDC Corp. If you have any questions about Alpari UK or Alpari US, just contact their support. I can give you information about our company
Mark | 16:44 I ask what are the differencies between your 3 companies. Do you have different price feeds?
Dmitry Suvorov | 16:47 I answered that Alpari UK, Alpari US and Alpari IDC Corp are different brockers. About our contract specification you can check up info at http://www.alpari-forex.com/en/cspec/


UPDATE APRIL 2009 Alpari is going to decrease spreads on 16 currency pairs including popular EURGBP and EURCHF! New night spread will be 4 instead of 5! That means fapturbo clients have much more possibilities for successful trading.