Written by ForexBrokers.com
In this head to head comparison of TeleTrade 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.
TeleTrade, founded in 1994, and Alpari, established in 1998, are two notable online brokers providing trading platforms for investors. Neither company is publicly traded or operates as a bank, which is common in the online brokerage industry. TeleTrade holds one Tier-1 license, a significant factor in establishing trust due to its status as highly trusted by ForexBrokers.com. In contrast, Alpari does not hold any Tier-1 or Tier-2 licenses. This variance in regulatory compliance reflects in their ForexBrokers.com Trust Scores, where TeleTrade receives a score of 71, classifying it as having an average risk, while Alpari scores a bit lower at 68, placing it in the high-risk category.
In terms of reliability and investor security, TeleTrade appears to have a slight edge over Alpari, given its possession of a Tier-1 license and a marginally higher trust score. This may appeal to potential clients who prioritize regulatory oversight in their brokerage decisions. Still, both brokers share similar corporate characteristics and have been established names in the industry for over two decades.
| Feature |
TeleTrade
|
Alpari
|
|---|---|---|
| Year Founded | 1994 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
TeleTrade and Alpari are two prominent online brokers, offering different experiences when it comes to commissions and fees, though specific average spread data is not available for comparison. Both brokers have earned a 4-star rating in this category, suggesting a generally favorable view of their fee structures. Despite their similarities in rating, they differ slightly in their ranking by ForexBrokers.com for the Commissions and Fees category.
TeleTrade is ranked #46 out of 62 brokers, indicating a competitive position but suggesting there might be a few areas for improvement. Alpari, on the other hand, is ranked slightly higher at #41, which could imply a marginal edge in terms of overall cost efficiency for their clients. These rankings can help potential investors gauge which broker might better suit their financial preferences and trading strategies.
When selecting a broker, understanding these ratings and rankings can assist traders in making informed decisions. While both brokers provide reliable services, and their similarity in star ratings indicates comparable satisfaction levels among users, the slight difference in ranking is worth considering for those focused on nuanced distinctions in fee structures.
| Feature |
TeleTrade
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $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 | Yes | 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 range of investments between TeleTrade and Alpari, both online brokers provide opportunities for forex trading through CFDs or spot contracts. However, TeleTrade offers a broader selection with 500 tradeable symbols including 61 forex pairs, while Alpari provides access to 105 symbols and 46 forex pairs. Both platforms support cryptocurrency derivatives but not the ability to buy actual cryptocurrencies, and they also offer the service of copy trading to their clients.
In contrast, Alpari distinguishes itself by allowing clients to trade exchange-traded securities on international exchanges, whereas TeleTrade does not offer such a service on any exchanges. This distinction may appeal to investors interested in international stock markets. Despite this, TeleTrade holds a slight edge with a 3.5-star rating for its range of investments, compared to Alpari's 3 stars, and is ranked #45 out of 62 brokers by ForexBrokers.com, while Alpari sits at #62.
| Feature |
TeleTrade
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 105 |
| Forex Pairs (Total) | 61 | 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.
TeleTrade and Alpari both offer plenty of features for traders, starting with free virtual demo accounts that are great for beginners who want to practice without risk. While TeleTrade doesn't have a proprietary trading platform, Alpari fills this gap with its own in-house solution. Both brokers provide a Windows-based desktop platform, alongside a web-based version for easy access from browsers. For those interested in copy trading, you'll find options with both brokers, and users can enjoy the popular MetaTrader 4 and MetaTrader 5 platforms on each as well.
In terms of additional tools, TeleTrade offers 15 drawing tools for charting, matching Alpari, and each allows trading directly from stock charts. Although neither broker provides DupliTrade, TeleTrade has an extra edge with the availability of ZuluTrade. Both brokers support watch lists with seven customizable columns. Rating wise, both platforms are rated with four stars, but TeleTrade is slightly higher in global rankings, positioned at #51 compared to Alpari at #55 out of 62 brokers reviewed by ForexBrokers.com. Whether you're focused on tried-and-true tools or looking for a mix of traditional and unique offerings, both TeleTrade and Alpari have comprehensive options for everyday trading needs.
| Feature |
TeleTrade
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | Yes | No |
| Charting - Indicators / Studies (Total) | 35 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of online brokers TeleTrade and Alpari, both offer iPhone and Android apps, ensuring they cater to a broad user base. In terms of charting capabilities, TeleTrade provides a slight edge with 35 technical studies available compared to Alpari's 30. Both platforms allow users to draw trendlines and view various time frames for stock or forex charts, but only TeleTrade's app will auto-save your drawings, providing added convenience for active traders. Both apps enable users to create watchlists with real-time quotes, though neither supports syncing watchlists between the mobile and online platforms.
In terms of user satisfaction, both TeleTrade and Alpari have earned a respectable 4-star rating for their mobile trading applications. However, when evaluated by ForexBrokers.com, TeleTrade's mobile app ranks #25 out of 62 brokers, noticeably higher than Alpari's placement at #56. This suggests that while both apps are well-regarded by users, TeleTrade's app might offer some advantages that appeal more strongly to the broader trading community.
| Feature |
TeleTrade
|
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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of TeleTrade and Alpari, it's clear that each online broker has distinct advantages. TeleTrade stands out by providing daily market commentary and offers forex news from top-tier sources like Bloomberg and Reuters. Additionally, it includes an economic calendar that highlights both current and upcoming global news events. However, TeleTrade lacks technical analysis or research tools from companies like Autochartist and Trading Central, and it doesn't offer sentiment-based trading tools or market research from TipRanks and Acuity Trading.
Alpari, on the other hand, shares the benefit of offering forex news from reputable sources like Bloomberg and Reuters and also provides an economic calendar similar to TeleTrade. A notable advantage for Alpari is its inclusion of technical analysis tools from Autochartist, which TeleTrade does not offer. However, Alpari, like TeleTrade, does not provide sentiment-based trading tools or research from TipRanks and Acuity Trading. In terms of ratings, TeleTrade scores a 3.5-star rating for research compared to Alpari's 3-star rating and holds a higher rank at #38 compared to Alpari's #57 in ForexBrokers.com's research category.
| Feature |
TeleTrade
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, the online broker Alpari provides a more comprehensive offering compared to TeleTrade. Alpari delivers a variety of educational materials, including a wealth of over ten articles and videos focused on forex and CFD topics. Additionally, Alpari has a collection of more than ten beginner-friendly videos, making it easier for newcomers to navigate the trading landscape. Moreover, Alpari adds further value with an investor dictionary that includes definitions for at least 50 investing terms, enhancing the learning experience for its users.
On the other hand, TeleTrade falls short in providing educational resources for beginners, lacking a substantial number of articles, videos, and a dictionary, which can be crucial for those new to trading and investing. Neither TeleTrade nor Alpari offers monthly webinars or access to a searchable library of past webinars, and both brokers also omit advanced educational video content. Despite offering more resources for beginners, Alpari scores three stars for education, while TeleTrade receives a slightly higher rating of 3.5 stars. However, based on rankings from ForexBrokers.com, Alpari stands at #48 out of 62 brokers for education, surpassing TeleTrade, which is positioned at #61.
| Feature |
TeleTrade
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that TeleTrade is better than Alpari. TeleTrade finished with an overall rank of #50, while Alpari finished with an overall rank of #57.
TeleTrade was an early pioneer of mobile apps for finance, then became a forex and CFD broker, now offering the MetaTrader platform. With just one regulatory license, Teletrade has a lower Trust Score than more established forex brokers.
| Feature |
TeleTrade
|
Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 68 |
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Both TeleTrade and Alpari do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both TeleTrade and Alpari do not support ACH or SEPA transfers or PayPal for deposits and withdrawals, but they do offer Skrill, Visa or Mastercard, and bank wires as options for managing account funds.
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 | TeleTrade | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
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| Broker Screenshots | TeleTrade | Alpari | |
|---|---|---|---|
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| Regulation | TeleTrade | Alpari | |
|---|---|---|---|
| Trust Score | 71 | 68 | |
| Year Founded | 1994 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | TeleTrade | 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) | No | 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) | TeleTrade | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | TeleTrade | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 105 | |
| Forex Pairs (Total) | 61 | 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 | TeleTrade | 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 | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | TeleTrade | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | TeleTrade | Alpari | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes | No |
| Trading Tools | TeleTrade | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 35 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | TeleTrade | 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 | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | TeleTrade | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | TeleTrade | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | TeleTrade | 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 |
| Overall | TeleTrade | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
| Review |
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