The forex trading industry is vast, with major brokers competing to provide the best services for traders worldwide. Among the leading participants, Exness and Alpari are often compared. This article delves into the characteristics, advantages, and limitations of two brokers, providing a comprehensive evaluation of their services.

Company Overview and Regulatory Status

The regulation of brokers plays a crucial role in ensuring the safety of client funds and transparent operations.

characteristicExnessAlpari
Regulatory agenciesCySEC, FCA, FSA, FSCA, CBCS, CMAFSC (Mauritius), FSA (Seychelles)
ISRFtwo thousand and eightone thousand nine hundred and ninety-eight
GLOBAL PRESENCEOver 130 countriesOver 150 countries
Customer fund securityIsolation account, negative balance protectionIsolation account, negative balance protection

Exness is subject to strict supervision by top regulatory agencies such as FCA (UK) and CySEC (Cyprus) to ensure compliance with stricter compliance standards. Alpari is mainly regulated by mid-level regulatory agencies such as FSC (Mauritius) and FSA (Seychelles). This gives Exness an advantage in terms of perceived reliability.

Account type and flexibility

Exness offers multiple account types to meet different trading needs. From standard sub accounts suitable for beginners to zero spread and original spread accounts suitable for advanced traders, Exness covers a wide range of trading preferences. In addition, Exness does not have a minimum deposit requirement for standard accounts, providing flexibility for new traders.

Alpari's account services focus more on professional trading, especially through its ECN account. Although the ECN model is attractive to those seeking direct market access, the lack of a beginner friendly account type like the Standard Cent account limits its appeal to novice traders.

Account type and flexibility
Account TypeExnessAlpari
standardNo minimum deposit amount$20
Standard CentNo minimum deposit amountNot provided
major$200$500
Original price difference$200Not Available
$200Not Available
ECNNot provided$300

Exness offers a wider range of account types, providing standard split accounts for beginners and raw spread and zero accounts for advanced traders. On the other hand, Alpari focuses on ECN trading for professional traders.

Trading platforms and tools

Both brokers offer Metatrader 4(MT4)And Metatrader 5 (MT5), which are the two most widely used trading platforms in the world. These platforms are renowned for their reliability, advanced charting tools, and algorithmic trading capabilities.

platformExnessAlpari
MetaTrader 4 (MT4)Yes, all devicesYes, all devices
MetaTrader 5 (MT5)Yes, all devicesYes, all devices
Proprietary platforms
Social transactions

Exness has further developed by integrating additional features such as VPS hosting and providing free trading signals to its users. The availability of social trading platforms also sets them apart, allowing traders to replicate the strategies of experienced professionals.

Although Alpari also offers MT4 and MT5, it lacks proprietary platforms or advanced tools like Exness. However, it focuses on ECN trading and high-speed order execution, attracting professional traders.

Spread, commission, and total transaction cost

For many traders, low trading costs are the primary consideration. Exness offers highly competitive spreads, starting at 0.3 spreads for standard accounts and 0.1 spreads for professional accounts. Its original spread account feature is a spread as low as 0.0 points, with a low commission of only $3.5 per lot.

Alpari's spreads are slightly wider, with standard accounts starting at 0.4 spreads and professional accounts starting at 0.3 spreads. ECN accounts offer spreads starting from 0.0, but the commission per trade is higher at $6, which is less cost-effective for high-frequency traders compared to Exness.

characteristicExnessAlpari
Spread (EUR/USD)Starting from 0.3 points (standard)Starting from 0.4 points (standard)
Professional account spreadStarting from 0.1 o'clockStarting from 0.3 o'clock
Original spreadStarting from 0:00, $3.5 per lotNot provided
ECN price differenceNot AvailableStarting from 0:00, $6 per lot

Leveraged Options and Risk Management

Leverage enables traders to control larger positions, but at the same time increases risk.

characteristicExnessAlpari
Maximum leverage1:0001:1000
Risk management toolsStop loss protection VPS、 alarmShutdown protection VPS

Exness offers up to 1: unlimited leverage, which is an attractive feature for traders who want to maximize their exposure with minimal capital. Although this is particularly attractive to experienced traders, it also requires strict risk management to avoid significant losses.

Alpari offers a leverage ratio of up to 1:1000, which is competitive in the industry but not as high as Exness. Both brokers offer risk management tools such as stop loss protection and negative balance protection to protect traders from excessive losses.

Market instruments and trading diversity

The range of trading tools provided by brokers determines the diversity of their products. Exness provides access to over 200 trading tools, including 107 pairs of forex currency pairs, metals, cryptocurrencies, indices, stocks, and energy. This makes it an ideal choice for traders seeking diversified investment portfolios.

In contrast, Alpari offers a more limited selection, with only about 100 tools available. It mainly focuses on foreign exchange and contracts for difference, with fewer options for stocks and cryptocurrencies.

marketInstrument (Exness)Foreign exchange trading tool (Alpari)
Foreign exchange currency pairsone hundred and sevenforty-six
metalGold, silver, platinumGold, silver
CryptocurrencyBTC & ETH & XRPBTC, ETH, LTC
indexMore than 10 major indices11 indices
stock70+Contracts for Difference30+Contracts for Difference
energyBrent WTI、 natural gasLimited Choice

Deposit and withdrawal process

Exness excels in providing instant deposits and withdrawals for most payment methods, ensuring traders have immediate access to their funds. It supports multiple payment methods, including bank transfers, electronic wallets, and cryptocurrencies, all of which have no deposit or withdrawal fees.

Alpari also offers multiple payment methods, but it is not as fast and free as Exness in terms of structure. Bank transfers may take up to 24 hours, and some withdrawal methods may incur additional fees.

characteristicExnessAlpari
Deposit fees
Withdrawal feeDepending on the situation (bank transfer may incur fees)
processing timeMost methods can be processed in real-timeMaximum 24 hours
payment methodBank transfer, electronic wallet, cryptocurrencyBank transfer, electronic wallet, cryptocurrency

Both brokers have performed well in offering multiple payment options, but Exness, with its real-time processing capabilities for most deposit and withdrawal methods, minimizes downtime for traders to the greatest extent possible.

Customer Support and Accessibility Services

Exness provides 24/7 customer support services and supports over 15 languages, making it one of the most accessible brokers in the world. Its availability on weekends is a significant advantage for traders across multiple time zones.

Alpari provides 24/5 customer support in 12 languages. Although sufficient, the lack of weekend support may cause inconvenience for some traders.

characteristicExnessAlpari
Support time24/724/5
Supported languages15+12+
contact informationChat, email, phoneChat, email, phone

Additional features and educational resources

Additional features and educational resources

Exness prioritizes enhancing trader education through webinars, tutorials, and market analysis tools. Its VPS hosting service is provided free of charge to eligible accounts, improving transaction efficiency by offering low latency connections.

Alpari provides similar educational resources including webinars and blogs, but lacks some advanced features such as VPS hosting.

Conclusion: Choosing between Exness and Alpari

The choice between Exness or Alpari largely depends on the trader's needs:

  • If you prioritize regulation, low transaction costs, a wide range of trading tools, and 24/7 customer support, then choose Exness. Exness is highly suitable for traders of all levels, from beginners to advanced professionals.
  • If you specialize in ECN trading and prefer a broker with a long history in the industry, please choose Alpari.

Although both brokers offer competitive services, Exness's superior regulation, lower fees, and wider market access make it a more diverse choice for most traders.

Exness broker

frequently asked questions

What is the main difference between Exness and Alpari?

Exness offers more account options, lower fees, and a wider range of market tools, while Alpari focuses on providing ECN trading with higher leverage options.

For beginners, which broker is better, Exness or Alpari?

Which one has lower trading fees, Exness or Alpari?

Can I trade cryptocurrencies on Exness and Alpari?

Which broker provides faster withdrawal services, Exness or Alpari?