Advantages and disadvantages of the Alpari broker
If you have been involved in stock trading for at least a few months, then you are probably familiar with the name of the brokerage company Alpari.
Today it is not only the largest, but also the most advertised broker, the number of clients of which has long exceeded 2 million.
The company has been operating in financial markets since 1998, during which time it has opened about 80 offices in various countries.
Yes, I myself have several accounts with the Alpari broker, opened back in 2011, so I can quite objectively assess the quality of the services provided.
First, let's talk about the advantages of the Alpari broker
Let's start with the fact that the company's official website is located at https://alpari.com/ru/ , but depending on your country, you may be redirected to one of the subdomains.
Here are the points that influenced my choice:
The spread size is perhaps one of this broker's most important advantages. Spreads on currency pairs on ECN accounts often approach zero:
In addition, you also have the opportunity to receive cashback proportional to the volume of open transactions.
Insurance – the broker's clients are insured by The Financial Commission, which provides compensation of €20,000 in the event of any problems.
The execution speed is one of the fastest among the brokers I have worked with:
Even on cent accounts, order execution speed is less than 200 milliseconds, and on PRO accounts less than 100 milliseconds.
The lack of restrictions is also a significant advantage. Not only can you use any strategy and trade with advisors at Alpari, but there are also virtually no restrictions on the number of open orders or their volumes.
Another advantage is the large number of options for replenishing your account.
At the same time, the following disadvantages can be noted when working with Alpari:
Email support takes a very long time to respond to emails. If you want a quick response, it's best to call or chat on the website:
Withdrawals to European bank cards – this option for withdrawing profits has recently been unavailable; you must choose a bank account transfer or another transfer option.
Trading platform issues – MetaTrader sometimes freezes, and in my case, for some reason, MT5. This happens with other brokers too, but that doesn't make it any less of a drawback.
Over more than 14 years of cooperation, I have not encountered any serious problems when working with this broker, and minor issues were easily resolved by the support service.
Therefore, despite some shortcomings, I still consider Alpari to be one of the best stock brokers currently available. The company's website is https://alpari.com/ru/
