Written by ForexBrokers.com
In this head to head comparison of Exness vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Exness and Alpari are two online brokers that cater to forex traders, and they each have distinct regulatory standings. Founded in 2008, Exness holds two top-tier licenses, which means it is viewed as highly trusted in the industry. In contrast, Alpari, established in 1998, operates without any tier-1 licenses. This reflects in their Trust Scores from ForexBrokers.com where Exness is rated at 81, falling in the 'trusted' category, while Alpari scores 68, indicating a 'high risk' rating.
Neither Exness nor Alpari is publicly traded or operates as a bank, but their regulatory coverage differs significantly. Exness possesses three tier-2 licenses, giving it a broader regulatory umbrella, while Alpari lacks any tier-2 licenses. This disparity in licensing highlights Exness's commitment to regulatory compliance and provides potential traders with added confidence regarding its reliability compared to Alpari.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Year Founded | 2008 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
Exness and Alpari both present diverse options for traders interested in various account types with different pricing models. Exness provides five main account types, including two standard and three professional accounts, catering to varying trading styles and preferences. The trading costs at Exness depend significantly on the chosen account type. The Standard Cent and Standard accounts, which are commission-free, have relatively higher spreads. In contrast, the Pro account offers low spreads with the choice between instant and market execution. Exness' Zero Spread account attracts a small commission but features competitive trading conditions, while the Raw account offers some of the lowest spreads, combined with a reasonable commission fee per transaction.
When it comes to Alpari, detailed data on average spreads is unavailable, making a direct comparison more challenging in terms of the precise trading costs for spread-only accounts. However, in terms of overall ratings for commissions and fees, both Exness and Alpari receive a rating of four out of five stars. This indicates that each broker offers relatively competitive pricing, although traders are encouraged to consider additional factors such as execution quality and trading conditions when making a decision.
In a ranking of 62 brokers by ForexBrokers.com for the Commissions and Fees category, Exness is positioned at #38, slightly ahead of Alpari, which holds the #41 spot. This ranking suggests that while both brokers are similar in terms of commissions and fees, Exness slightly edges out Alpari in this category. Traders should weigh these assessments alongside their personal trading needs and strategies to choose the most cost-effective broker for their trading activities.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Minimum Deposit | $10 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Exness and Alpari in terms of their available range of investments, both brokers offer a diverse array of trading options. Exness provides an impressive selection of 227 tradeable symbols and 96 forex pairs, appealing to traders who seek a wide variety of choices. Similarly, Alpari offers forex trading as a CFD or spot contract, but with a smaller selection of 105 tradeable symbols and 46 forex pairs. Both platforms do not facilitate the purchase of exchange-traded securities on U.S. exchanges, but Alpari distinguishes itself by allowing investments in international markets, unlike Exness. Both brokers support copy trading, and offer cryptocurrency trading via derivatives, although neither allows for the direct purchase of actual cryptocurrency.
In terms of ratings, Exness receives a slightly higher score, with 3.5 stars out of five for its range of investments, while Alpari earns 3 stars. This is further reflected in their rankings from ForexBrokers.com, with Exness positioned at #56 and Alpari at #62 out of 62 evaluated brokers, indicating Exness has a broader investment range in comparison. Overall, traders looking for a more extensive array of trading instruments might find Exness to be the more attractive option, despite the absence of opportunities to invest in international exchange-traded securities, which Alpari offers.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 105 |
| Forex Pairs (Total) | 96 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Exness and Alpari both offer a range of trading platforms and tools suited to different trading preferences. Both brokers provide a free virtual demo account, allowing users to practice trading strategies without any financial risk. They each have developed their own proprietary platforms and offer platforms that are accessible via Windows-based desktop or over the web. For traders interested in copy trading, both Exness and Alpari include this feature. Additionally, traders can use the popular MetaTrader 4 and MetaTrader 5 platforms with either broker, though neither offers DupliTrade or ZuluTrade at this time.
When it comes to charting tools, Exness stands out by offering 87 drawing tools compared to Alpari's 15. Both brokers support trading directly from stock charts, enhancing user convenience. For watch lists, they each provide seven customizable columns. Despite sharing the same rating of four stars for their trading platforms and tools, Exness ranks higher at #31 out of 62 brokers on ForexBrokers.com, while Alpari is positioned at #55. This rank difference can help traders consider their choice based on industry evaluations alongside their personal needs.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 107 | 30 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Exness and Alpari both provide mobile trading apps that cater to iPhone and Android users, ensuring flexibility in accessing the financial markets. Both platforms send real-time price alerts for stocks and forex, alongside offering the ability to draw trendlines and view charts in various time frames. Creating watchlists with real-time quotes is an option on both apps, but neither offers watchlist symbol syncing or automatic saving of chart drawings. One notable difference is that Exness offers 35 technical studies for charting, while Alpari provides 30.
In terms of user ratings, Exness and Alpari each receive a solid 4-star rating for their mobile trading apps, indicating a fairly high level of user satisfaction. However, when looking at rankings among 62 brokers, Exness stands out with a rank of #32, compared to Alpari's rank of #56 on ForexBrokers.com. This suggests that, while both apps perform well in user experience, Exness is more competitive in the broader market landscape.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Exness and Alpari for market research offerings, Exness stands out with its daily market commentary and a wide range of tools for traders. It features forex news from sources like Bloomberg and Reuters, alongside Trading Central's technical analysis tools and a sentiment-based trading tool to track market trends. Additionally, Exness provides an economic calendar to keep traders informed of global events. While missing tools from Autochartist or TipRanks, Exness earns a rating of 3.5 stars for its research capabilities and ranks 41 out of 62 brokers on ForexBrokers.com.
In contrast, Alpari also provides forex news from top-tier sources and has an economic calendar. However, it lacks daily market commentary and sentiment tools, which might limit the depth of insights for active traders. Although Alpari offers Autochartist tools, it does not provide those from Trading Central or additional resources like TipRanks. Subsequently, its market research is rated at 3 stars, positioning it lower on ForexBrokers.com’s list, ranking 57 out of 62 brokers. This comparison helps traders decide which platform best meets their needs for staying informed and strategizing effectively.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources offered by Exness and Alpari for beginners, both brokers provide a decent range of content to help you get started with forex or CFDs trading. Exness and Alpari each offer a minimum of 10 educational pieces, such as articles, videos, or archived webinars, all focusing on forex or CFDs. While neither broker hosts regular monthly webinars, Exness does provide a searchable archive of previous webinars, which could be a useful tool for those wanting to revisit specific topics or continue learning at their own pace.
Both Exness and Alpari supply beginners with at least 10 educational videos tailored to trading topics, helping newcomers develop essential skills and knowledge. Additionally, each provides an investor dictionary with over 50 investing term definitions. However, neither broker offers advanced educational videos aimed at more experienced traders. In terms of user rankings, Exness earns 3.5 stars for education, placing it slightly above Alpari's 3 stars. In a broader context, Exness takes the 47th spot out of 62 brokers, narrowly edging out Alpari, which holds the 48th position according to ForexBrokers.com.
| Feature |
Exness
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Exness is better than Alpari. Exness finished with an overall rank of #41, while Alpari finished with an overall rank of #57.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
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Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 68 |
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Both Exness and Alpari do not provide the option to purchase actual, delivered cryptocurrency but do offer the ability to trade cryptocurrency derivatives.
Both Exness and Alpari provide similar options for depositing and withdrawing account funds, as neither offer ACH or SEPA transfers or PayPal, but both support Skrill, Visa or Mastercard, and bank wires.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Exness | Alpari | |
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| Trust Score | 81 | 68 | |
| Winner | check_circle | ||
| Review | Exness Review |
| Broker Screenshots | Exness | Alpari | |
|---|---|---|---|
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| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Exness | Alpari | |
|---|---|---|---|
| Trust Score | 81 | 68 | |
| Year Founded | 2008 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Exness | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Exness | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Exness | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 105 | |
| Forex Pairs (Total) | 96 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Exness | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | Alpari | |
|---|---|---|---|
| Minimum Deposit | $10 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Exness | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Exness | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Exness | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Exness | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Exness | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Exness Review |
| Overall | Exness | Alpari | |
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| Trust Score | 81 | 68 | |
| Winner | check_circle | ||
| Review | Exness Review |
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