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 stands out with a variety of account options, including two standard accounts and three professional accounts, tailored to different trading needs. Each account has specific trading costs, particularly the commission-based accounts which offer lower spreads compared to the commission-free ones. The Standard Cent account has the highest spreads, whereas the Standard account delivers slightly better spreads. The Pro account presents even lower spreads with the option to switch between instant and market executions. For competitive traders, the Zero Spread account charges a commission of $0.05 per trade with no leverage restrictions. Similarly, the Raw account requires a commission of up to $7 per round turn lot, offering tight spreads alongside market execution. Exness earns a 4-star rating for its commissions and fees, ranking 35th out of 62 brokers on ForexBrokers.com.
Alpari, while lacking specific average spread data, maintains its competitive edge with a 4-star rating similar to Exness in terms of commissions and fees. However, Alpari ranks slightly lower at 41st out of 62 brokers according to ForexBrokers.com. While Alpari users can appreciate its standing with solid commissions and fees metrics, prospective traders should consider that detailed spread information might be necessary for a comprehensive comparison to their trading needs.
| 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 the investment options available through Exness and Alpari, both brokers allow trading in forex either via CFDs or spot contracts. Exness stands out with a larger selection of tradeable symbols, offering 227 compared to Alpari's 105. This extends to forex pairs as well, where Exness provides access to 96 pairs, while Alpari offers 46. However, neither platform supports the purchase of actual U.S.-listed securities, such as Apple shares, although Alpari provides a path to investing in some international exchange-traded securities like Vodafone shares, setting it apart in that regard.
Both brokers support copy trading, appealing to those looking to mirror successful strategies, and they provide opportunities to trade cryptocurrency derivatives, not actual cryptocurrencies. Despite Exness offering a broader range of investment symbols and forex pairs, it holds a rating of 3.5 stars for its investment range against Alpari's 3 stars. According to ForexBrokers.com, Exness ranks 55th out of 62 brokers in the Range of Investments category, while Alpari trails at 62nd, reflecting their relative strengths and limitations in available trading options.
| 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 offer a comprehensive suite of trading platforms and tools that cater to the diverse needs of traders. Both brokers provide simulated trading options with free virtual demo accounts, allowing users to practice and refine their strategies without financial risk. Exness and Alpari have developed proprietary platforms, ensuring unique trading experiences tailored to their clients. Traders can access both brokers' platforms through Windows-based desktop applications and web-based interfaces, providing flexibility and convenience. Popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available with both brokers, though neither supports DupliTrade or ZuluTrade at present.
While both Exness and Alpari are rated 4 stars for their trading platforms and tools, there are distinctions between them. Exness offers a more extensive selection of drawing tools, with 87 options compared to Alpari's 15, enhancing chart analysis capabilities. Both brokers offer seven columns for watch lists, enabling traders to effectively monitor their portfolios. Additionally, trading directly from stock charts is possible with both Exness and Alpari, making it easier for traders to act on market opportunities. In terms of ranking, Exness is positioned at #26, noticeably ahead of Alpari at #55, reflecting the subtle yet significant differences in their platform offerings.
| 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.
Both Exness and Alpari provide accessible mobile trading options for iPhone and Android users, catering to traders who prefer on-the-go access. Each app offers crucial features such as stock and forex price alerts, the ability to draw trendlines on charts, and multiple time frame views like daily, weekly, or intraday. Additionally, users can create watchlists in both apps and receive real-time quotes. However, neither allows for watchlist symbol syncing, meaning changes made online will not appear in the app and vice versa. Plus, drawings on charts are not automatically saved in either app, requiring manual input with each session.
The Exness app slightly edges out with its provision of 35 technical studies for charting compared to Alpari's 30, providing a wider variety of analytical tools for traders. Both companies receive a solid rating of 4 out of 5 stars for their mobile trading offerings; however, Exness ranks higher at #26 in the Mobile Trading Apps category by ForexBrokers.com, whereas Alpari is positioned at #56 among 62 brokers. This ranking could influence traders seeking more in-depth technical analysis features along with their ease of use in the mobile application space.
| 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 #43, 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
|
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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| 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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