Alpari UK Forex Broker -Full Rating Analysis (v.2)
NOTE: Alpari UK has ceased operations over Swiss franc turmoil in early 2015
Alpari UK Forex Broker General Rating
Alpari UK RATING SUMMARY | ||
MAX | ACHIEVED | |
1.Reliability | 28.00% | 25.88% |
2.Competition | 30.00% | 23.00% |
3.Trading-Options | 26.00% | 18.00% |
4.Technology | 16.00% | 12.00% |
Overall Rating | 100.00% | 78.88% |
Alpari UK Rating Analysis
ALPARI UK RATING ANALYSIS | ||||
TOTAL RATING | 100.0% | Alpari UK Broker | ||
Weight Analysis | Factor Analysis | 78.88% | ANALYSIS | |
1. FOREX BROKER CREDIBILITY | 28.00% | FACTOR-1 ANALYSIS | 25.88% | Alpari UK Credibility Analysis |
1.1 Alpari UK Level of Regulation | 12.00% | FSC (BVI)=1.0%, CYSEC=3.0%, CBI=4.0%, ASIC=4.0%, BaFIN=5.0%, FSA (UK)=6.0%, FINMA=8.0% and MiFID=+4.0% | 12.00% | Alpari UK is regulated by FSA (UK), CFTC / NFA, CySEC, FSP = (max) 12.0% |
1.2 Alpari UK Headquarters Base | 5.00% | Offshore=0%, Cyprus=2.0%, Ireland, Australia=4.0%, USA, UK, Germany, France, Switzerland=5.0% | 5.00% | Alpari UK Home Base is in London, UK = 5.0% |
1.3 Alpari UK Years in the Market | 4.00% | 0-2 Years=0%, 2-4 Years =1.0%, 5-7 Years=2.0%, 7-10 Years=3.0%, 10+ Years =4.0% | 4.00% | Alpari UK was found in 1998, 10+ years = (max) 4.0% |
1.4 US Traders | 2.00% | Yes=2.0 or No=0 | 2.00% | Alpari UK welcome US traders = 2.0% |
1.5 Alpari UK Web Ratings (Usage for differentiating results) | 5.00% | 2 Ratings: ForexPeaceArmy Rating=2.5%, EarnForex Rating=2.5% | 2.88% | Alpari UK FX FPA=3.257 / 5.0 & Earn Forex=5.0/10.0, Total = 5.757 / 10.0 = 2.8785 / 5.0 |
2. FOREX BROKER COMPETITION | 30.00% | FACTOR-2 ANALYSIS | 23.00% | Alpari UK Competition Analysis |
2.1 Alpari UK Offering Spread (EUR/USD) | 12.00% | EUR/USD Spread <0.5=12.0%, <0.6=11.0%, <0.7=10.0%, <0.8=9.0%, <0.9=8.0%, <1.0=7.0%, <1.25=6.0%, <1.50=5.0%, <2.0=4.0%, <2.5=3.0%, <3.0=2.0%, <3.5=1.5%, <4.0=1.0%, >4%=0 | 12.00% | Alpari UK EUR/USD Spread is between 0 and 3.1 pips = (max) 12.0% |
2.2 Alpari UK Commissions on Trading | 7.00% | No Commissions=7%, Low Commissions=4%, Low to Medium Commissions=3%, Medium Commissions=2%, Medium to High Commissions=1%, High Commissions=0 | 3.00% | Some Commissions are charged by Alpari UK when trading Forex = 3.0% |
2.3 Alpari UK Commissions on Deposit / Withdrawal | 2.00% | Yes=0 or No=2.0% | 0.00% | Yes Withdrawal Commissions are charged in some cases by Alpari UK = 0% |
2.4 Alpari UK Maintenance Fees | 2.00% | Yes=0 or No=2.0% | 2.00% | No Maintenance Fees by Alpari = 2.0% |
2.5 Alpari UK Rate of Leverage | 4.00% | 400%+=4.0%, 350%=3.5%, 300%=3.0%, 250%=2.5%, 200%=2.0%, 150%=1.5%, 100%=1.0%, <100%=0% | 4.00% | Max Leverage at Alpari UK is 1/500 = (max) 4.0% |
2.6 Alpari UK Customer Service Quality | 3.00% | 24/7=1%, 24/6=0.5%, 24/5=0%, Phone=1.0%. Live Chat=1.0%, Skype=1.0% | 2.00% | Alpari UK provides 24/5=0%, Phone=1.0%, Live Chat=1.0%, Total = 2.0% |
3. FOREX BROKER OPTIONS | 26.00% | FACTOR-3 ANALYSIS | 18.00% | Alpari UK Trading Analysis |
3.1 Alpari UK Availbale Forex Currencies | 8.00% | 45+ Currency Pairs=8.0%, 40+ Currency Pairs=7.0%, 35+ Currency Pairs=6.0%, 30+ Currency Pairs=5.0%, 25+ Currency Pairs=4.0%, 20+ Currency Pairs=3.0%, 15+ Currency Pairs=2.0%, 10+ Currency Pairs=1.0%, Less than 10 pairs=0 | 8.00% | Alpari UK offers 57 Forex Currencies = 8.0% |
3.2 Alpari UK Other Financials Available | 2.00% | Commodities=1.0%, Energy=1.0%, CFD trading=1.0% | 2.00% | Alpari UK offers Gold & Silver Trading = 1%, CFD trading =1%, Total = 2.0% |
3.3 Alpari UK Bonus / Rebate Rate | 8.00% | Bonus / Rebate >40%=8.0%, >35%=7.0%, >30%=6.0%, >25%=5.0% >20%=4.0%, >15%=3.0%, >10%=2.0%, >5%=1.0 | 0.00% | Trading Rebates are available from Alpari UK. In this review the rebate has been accumulated to the lowest EUR/USD spread (rating factor 2.1) |
3.4 Scalping Allowance | 1.50% | Yes=1.5% or No=0% | 1.50% | Yes, Alpari UK allow Scalping = 1.5% |
3.5 Hedging Availability | 1.50% | Yes=1.5% or No=0% | 1.50% | Yes Alpari UK allows hedging (except Alpari Direct and Alpari Direct Pro) = 1.5% |
3.6 Alpari UK Number of Deposit Methods | 2.50% | For each deposit method available=0,5%, max=5 methods | 2.50% | 4+ methods available by Alpari UK (Bank Wire, MoneyBookers, UKASH, CASHU, Web Money) = (max) 2.5% |
3.7 Alpari UK Number of Withdrawal Methods | 2.50% | For each withdrawal method available=0,5%, max=5 methods | 2.50% | 4+ methods available by Alpari UK (Bank Wire, MoneyBookers, UKASH, CASHU, Web Money) = (max) 2.5% |
4. FOREX BROKER TECHNOLOGY | 16.00% | FACTOR-4 ANALYSIS | 12.00% | Alpari UK Technological Analysis |
4.1 Alpari UK Available Platforms | 5.00% | Each Supported Platform=1%, max=5 | 4.00% | 4 platforms: MetaTrader4, MetaTrader5 platforms plus Alpari Direct and Alpari Systematic are available = 4.0% |
4.2 API Trading Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, API trading is available at Alpari UK = 1.0% |
4.3 Automated Trading (Expert Advisors) | 2.00% | Yes=2.0 or No=0 | 2.00% | Alpari UK accepts signals from Expert Advisors (ZuluTrade) |
4.4 Alpari UK Mobile Devices Support | 2.00% | Each Supported Device=0,5% (iPhone, iPad, Android, Windows Mobile, Blackberry), max=4 | 1.50% | Alpari UK provides MT4 applications for iPhone, Windows and Android mobile devices |
4.5 Alpari UK MT4 / MT5 Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, Alpari UK offers MT4 / MT5 = 1.0% |
4.6 Alpari UK Level of Innovation | 5.00% | High Innovation=5%, Medium Innovation=2.5% | 2.50% | Many Forex currencies, low spreads, MT4 platform for all mobile devices, Accounts in GLD, many fund methods = 2.5% |
Alpari UK Rating & Review Analysis (2012)
Online Forex Reviews