Alpari Review

2.437 · 77 REVIEWS
Updated: Nov 30, 2020 · Alpari.com (.org)  · Is this your company?

Alpari is a forex broker. Alpari offers the MT4, MT5 and Binary Trader trading currency platforms. Alpari.com offers over 45 currency pairs, cryptocurrencies, binary option, stocks index, commodities and cfds for your personal investment and trading options.

Alpari
Other websites of this company include Alpari.co.uk , Alpari.com, Alpari-Global.org, Alpari-Global.com/zh-hans.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 3000:1
Minimum to Open Live: $1
Established: 1998
Address: Cedar Hill Crest, Villa, Kingstown, VC0100, Saint Vincent And Grenadines
Contact: info@alpari.com, +44 8449 869559
Regional offices:
Regulators: FSC Mauritius #C113012295, FC #
Prohibited countries:
Trading platforms: MT4, MT5
Web Trading: Yes
Mobile Trading: Yes
ECN: Yes
Currencies: (45+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (10+) Gold, Silver, Stock Indexes, Oil
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
PAMM: Yes
Deposit Methods: Bank Wire, VISA, MasterCard, BitPay, FasaPay, Neteller, Skrill, UnionPay, WebMoney
Withdrawal Methods: Bank Wire, MasterCard, FasaPay, Neteller, Skrill, UnionPay, WebMoney

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2.437 · 77 REVIEWS
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Traders Reviews

Dubai, United Arab Emirates,
Nov 5, 2018,
Registered user

Scam

I used Fix Contract
Binary option
My review its Scam broker
For this trading
From this broker i never expecting like this cheating

When you open trade in Real account
They show you 88% payout or 85%
During trade any time they will change from 88% to 63% , only in your account
Like this they willl eat your money
And make you in loss
Again i am never expecting this cheating from this huge and old broker
In withdraw its good
But during trades alpri kill you
 
Reply by Alpari submitted Nov 6, 2018:
Good afternoon!
First of all we would like to clarify that the potential profit size of a Fix-Contract is variable and depends on the market situation. In thin or fast markets, trading conditions may be altered and some contract types or time frames may be inaccessible. Conditions can be changed for new contracts only and cannot be changed for already opened one. Our clients see the payout in advance and only then make a decision to buy or sell a Fix-Contract if they agree with the payout percentage.
India, India,
Jan 28, 2019,
Registered user

Hi,

I have an account with Alpari and I feel it's a big scam by Alpari.

They have removed Skrill and Neteller from their withdrawal option and I am struck without withdrawal.

Slowly they are removing all withdrawal options.

I am clue less what is happening and there is no update in there website.
  1 trader has found this review helpful
Reply by Alpari submitted Jan 31, 2019:
Hello! There are no any problems with the withdrawal options in myAlpari. And Online Payment Systems (including Neteller) are available in your myAlpari as well as Amoney. Only Skrill is unavailable now because of some technical issues. Please, check your myAlpari and if you don't find the withdrawal methods there, please, send us a screenshot of this page. It's unreal. Besides, your withdrawal request through Amoney, which was created on the 28th of January, has been already executed and you've already got your money.
Karaj, Iran, Islamic Republic of,
Apr 10, 2020,
Registered user

Fraud in alpari. fix_contracts

Service use: Live

Length of use: over 1 Year

Hello,
My balance which was from my trades, was about 300000 $. And when I requested for 60000$ withdrawal, they didn't pay me back any money and even displayed my total balance zero. And strange point is that, most of my trade IDs and the history of that 60000$ request for withdraw is deleted.
Please guide me and consider my problem.
  1 trader has found this review helpful
Reply by Alpari submitted Apr 14, 2020:
Hello Alireza86! Please note that the Company does not interfere with Clients’ trading activity. This conflicts with both regulation and our corporate ethics. Please send us a number of the trading account you are talking about to forum@alpari.com. We will look into your case and provide you with the answer.
Colin H Lyon,
Perth Western Australia,
Jun 10, 2011,
Guest

Strange to see that they dont allow people from New Zealand to sign up ( Im a New Zealander living in AU)

Dear Colin Lyon,

Thank you for your request.

In accordance with the Company's business plan for international development the Company doesen't engage clients from New Zeland as engagement of the New Zeland residents is planned for furter stages of the Company's development.
 
iranfil,
Iran,
May 30, 2010,
Guest

they cheating trader in fast mode ! they are not good for deposit and trade , bad support and bad money back , server bad in news and so musch
 
collins,
Kenya,
Nov 9, 2018,
Guest

Alpari has denied my 100$ withdrawal the support just taking me in circle...............
 
Reply by Alpari submitted Nov 12, 2018:
We don't have any problems with the withdrawal requests execution in our Company. Contact our payment department about this issue please via our Live chat https://alpari.com/ru/chat/
hermes,
, United Kingdom,
Jun 26, 2014,
Guest

HI THERE I JUST GOT THIS EMAIL FROM ALPARI CHANGING MY EXECUTIONS TERMS, WHAT DO YOU THINK PEOPLE???

THANKS..

Dear XXXXX

The execution type on your Classic account will be changing from instant execution to market execution on Sunday, 29 June 2014.

Please note that you do not need to take any action and that any open positions and pending orders you have are unaffected, so you can still have predefined entry, stop loss and take profit levels.

What is market execution?
When you place a market execution order you won’t be requoted on FX*, because your order is automatically filled at the next available price in the market. You should also be aware that stop loss and take profit levels can only be set once a trade is opened, because the entry price could change before the position is opened.
 
Reply by Alpari submitted Nov 24, 2016:
Hello, thank you for your review. This letter was probably sent by Alpari UK, which operates no longer. However Alpari Ltd. provides several ECN account types: http://alpari.com/en/trading/trading_terms/
Pakistan, Pakistan,
Apr 1, 2020,
Registered user

Totally scam and the chart is stop near sl

Service use: Live

Length of use: 0-3 Months

When u make profit they increase spread and hump your trade. They are totally scamer. We open a account on the company name supees Classified Pakistan Private limited and we lose more then 50k just in one week and they will reject our withdrawal request.
  1 trader has found this review helpful
Reply by Alpari submitted Apr 3, 2020:
Hello! The Company does not interfere with Clients’ trading activity, nor does it manipulate the prices received from its Liquidity Provider as this goes against both regulation and our corporate ethics. Spread depends on the liquidity level of trading instruments in the market, so they may change as they reflect the market conditions. Kindly note that during periods of low liquidity such as rollover or market opening/closing or during important news announcements where increased volatility is expected, spreads may increase significantly from their average level.
Please send us a letter to forum@alpari.com with the detailed description of the situation. We will look into it and provide you with the answer.
India,
May 11, 2018,
Registered user

Alpari is total fraud.... they steal bonuses and commissions.....they hold the graph on MT4 if ur order is going to make money... graph will keep on coiling over order line until u get frustrated and close it.... after that graph will start going fast in ur direction u were going to make money......they play against traders
 
Reply by Alpari submitted May 15, 2018:
Hello! Please be informed that we cannot influence to the charts. Charts show the prices which are provided by our liquidity providers and all the quotes you can check in your myAlpari account in the ticks history. Specify please your myAlpari number to check the information.
Arinze,
Dubai, United Arab Emirates,
Jun 2, 2018,
Guest

Can alpari please explain why I can't withdraw $12USD I deposited into my account using my debit card, I tried several times and alpari is saying insufficient balance, while my $12 USD is hanging there. My email is saintarizona@gmail.com. I need alpari to explain why. I have sent alpari my passport copy and debit card pictures both front and back.
 
Reply by Alpari submitted Jun 4, 2018:
Good afternoon! Your money was sent to you today.
Bolu,
Nigeria,
Oct 26, 2011,
Guest

As far as I can tell, Ive been trading with Alpari (Demo) for the past 1 year, they have good execution time, less trade timeout/requote, but I once noticed a spike{ on Alpari UK } which later disappeared. But as per customer satisfaction I can say they are okay, I wouldn't know hw they would respond to scalping EA's or Live account{ as I don't use it for my live account}. But all the same they are okay
 
Benin city, Nigeria,
May 13, 2018,
Registered user

unhappy

Alpari response to complain lacks transparency and appears deliberately avoiding that facts.
i got charges excessive spread of $30 for 0.3 lots size usdchf.
i also complained that a take profit was reached but failed...they avoided the time of the price and went to cover with a further time when the market closed .
i am thinking of forwarding a complain to economic and financial crimes commission in Nigeria because this is not a transparent broker.
 
Reply by Alpari submitted May 15, 2018:
Good afternoon!
If you do not agree with the decision, you have a right to contact The Financial Commission regarding this case.
Glen,
Brisbane, Australia,
Jan 22, 2012,
Guest

One of the worst brokers i have ever come upon.
I get atleast 3 requotes on every entry..even with slippage set to 20pips. Then i get multiple requotes on exit..
Very hard to trade with. I would recommend to anybody dont trade with these guys. There are far better options out there
 
Takashi Ohtaku,
HOKKAIDO, Japan,
Oct 23, 2018,
Guest

Scam

The withdrawal was refused.

Even principal will not come back ...

It was stolen by Alpari.


Request № 23526543 denied.
Dear Takashi Ohtaku,

Request № 23526543 denied. Reason for rejection: Alpari does not accept transfers from third parties.

Thank you for choosing Alpari.

Best Regards,
Alpari
 
Reply by Alpari submitted Oct 26, 2018:
Hello! Your withdrawal request was denied because we don't accept transfers from and to the third parties. You tried to withdraw money to the Neteller wallet which is registered to the surname of another person. Your money stays in your trading account untill you withdraw them and nobody can do it but you. Please upload a photo of your passport/ID card to your myAlpari account or send it to the e-mail payments@alpari.com to confirm you are the owner of this wallet.
cebu, Philippines,
Jul 1, 2020,
Registered user

No Sending Withdraw

Service use: Live

Length of use: 0-3 Months

Very easy to fund with bitcoin and fast
Very fast chat no waiting
Investing on strategy guru it's not really effective, not a big deal and you don't going to make a lot of money.

Try to withdraw your money, ahh this is the big scam, no one send your money so say bye bye to your money for ever they are scamer.

i asking wthdraw to bitcoin friday 25 june and typing this review july 1, and never receive my money wow.

Be far from this broker if you don't want to be stolen.
  2 traders have found this review helpful
Reply by Alpari submitted Jul 4, 2020:
Hello! The Company does not have any issues with withdrawals. We kindly ask you to send us your MyAlpari number and the request number to forum@alpari.com in order to investigate your case and provide you with a detailed answer in the shortest time possible.
Nigeria, Nigeria,
Sep 15, 2020,
Registered user

Alpari broker are Thief's and scammers

Service use: Live

Length of use: 3-6 Months

alpari has just scam me of 158 dollar,  I promise u guys , I will take u to court on these matter
U deceived me to trade after trading u stolen my money, now referring me to third party ecommpay

Sep 14, 2020 - 1 Star I have been scam by alpari, I made a withdrawal using my visa card of 158 dollars, since on 1 September , till now I have not seen my withdrawal. They are saying they don't know where my money is, please can someone talk to them to pay me

Sep 12, 2020 - 1 Star I place a withdrawal on the 1st of September, 2020, they keep telling me it has been send. I think they are converting customers fund for their own personal trading, and when chatting with there agent you discovered that another broker (forextime) will tell you that they are helping alpari to transfer funds. These is scam. They should please send my funds and stop freezing my account when ever am about to take profit everything about them is fake, even my account officer refuse picking my calls and didn't reply my massages.

Reply by Alpari submitted Sep 15, 2020 Hello! We kindly ask you not to rush to such conclusions. We do not have any withdrawal issues. Please contact our support team for the assistance specifying the request number. We will be glad to see into your case and provide you with the answer in no time.
  1 trader has found this review helpful
komkit,
thailand, Thailand,
Jul 20, 2019,
Guest

alpari is Big scam

Service use: Live

Length of use: 0-3 Months

i deposit 300$ and they give me so many problem for i can't trade. my money stuck in alpari ,can't trade ,can't withdraw can't do nothing! after i try to find document for them for 3 week ,that enough. i request to refund ,just send my money by the way what it come. they delete my deposit transaction wtf !! and my money is disappear. after that they send mail to me "Your last request for depositing funds 25821021 were rejected". บอกได้คำเดียวครับ ไอ้ควย
 
Reply by Alpari submitted Jul 22, 2019:
Hello! When making a deposit from a virtual or prepaid card, you will also need to provide a scan or photo of an official letter from the issuing bank, verifying that you are the cardholder. The bank card number, your full name and a stamp from the bank which issued the card should all be indicated and visible on the document.

You did not provide this document, so the deposit was rejected and money was returned to your card.

Please, provide the required document and try to make deposit again.
Abdulwakeel O.,
Lagos, Nigeria,
Feb 7, 2014,
Guest

Our company representative will be with you in a moment. Meanwhile you can submit your question.

14:56 Tigran has joined the chat.
Tigran | 14:56
Good afternoon! How can I help you?

Abdulwakeel | 14:56
any reason why my accounts were disconnected prior to NFP news....none of my accounts could execute a trade, and i ended up losing on one due to late entry

Login Issue1.PNG (6 Kb)
Login Issue2.PNG (4 Kb)

Abdulwakeel | 15:07
is anyone still with me @ all??
is anyone still with me @ all??

Tigran | 15:10
Wait for a minute please

Abdulwakeel | 15:10
ok

Tigran | 15:24
As far as i see there was no cnnection on Your account
It is due to instable internet connection from Your side

Abdulwakeel | 15:26
That's a big false statement cos i run my trades from my VPS...and you can't tell me my VPS' internet connection was unstable?????

Abdulwakeel | 15:34
HELLO!!!

Abdulwakeel | 15:36
it would be funny if that's gonna be the excuse for my trades not being able to execute before the news, cos i never had internet issues from my PC and neither from my VPS.......Both were running smoothly and also to note i don't trade from my PC, all my terminals are on my VPS and also to note i don't trade from my PC, all my terminals are on my VPS

Tigran | 15:37
Wait for a minute please

Tigran | 15:51
From our side there was no troubles with connection all the servers worked properly

Abdulwakeel | 15:53
So why were my trades unable to execute, cos the terminal returned "cannot login [no connection]
both terminals
and all of a sudden, one executed, but my entry was late
and all of a sudden, one executed, but my entry was late

Abdulwakeel | 15:55
leading to my loss

Abdulwakeel | 15:58
login Issue3.PNG (374 Kb)

even after one of the trades got executed, my EA trade manager couldn't even set TakeProfit, because it couldn't connect with trade server

Abdulwakeel | 16:02
and EAs can only operate when there's tick movement from the terminal...so no issues from my VPS....problem still bores down to YOU

Abdulwakeel | 16:19
HELLO!!!

Tigran | 16:23
As i said before, there was no problem from our side

Abdulwakeel | 16:23
And I'm giving you more proofs and evidences that it's from your side
Or are you gonna choose to ignore all my screen shots
Or are you gonna choose to ignore all my screen shots

Abdulwakeel | 16:26
or isn't it glaring there from the screenshot that there was an established connection......but my trades failed to execute early due to technical issues from YOU

Abdulwakeel | 16:28
i trade the news strictly, this is where i make my money from forex. and timing is the issue here....i definitely do not need to explain that to you guys

Abdulwakeel | 16:31
@ least if i'm wrong in all i've been saying then prove it to me or make it obvious to me rather than just replying that the problem isn't from your end.....cos you only end up making me look like a fool who doesn't know what he's saying and that's unprofessional

Abdulwakeel | 16:47
HELLLLLLLLOOOOOOOOOO!!!

Abdulwakeel | 16:54
Can see it's so obvious now all you trying to avoid is a REFUND...well don't be surprised if our chats go viral on the net (forums) speaking badly and unprofessionally of you guys........won't even be surprised if the act was INTENTIONAL, cos when clients begin to make money, brokers start playing dubious and dirty games just to deter the trader from profiting in the long run

http://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/32763-alpari-nz-unprofessional-cunny-response-rep.html#post154842
 
Netherlands,
Oct 17, 2017,
Registered user

Stopped out by fake price spike, alpari demanding compensation negative balance. Stay Away!!

My alpari ecn account was stopped out due to a fake spike of the eur/try pair on 9 october 2017 at 01:07. My short trades on this pair were stopped out at 4.69161 but the market never reached this level. When I looked at the charts of other brokers such as LMAX Pepperstone and Axitrader, it confirmed that the maximum ask never reached higher than 4.43-4.46. Also Alpari’s own chart only shows a price of 4.3942 at the very moment my trades closed at 4.69.

When I contacted Alpari about this, asking for a revision of the closing price, they just said there was a spread widening that lead to the stop out. To prove how ridiculous this is, you can see below tick by tick data from dukascopy

20171009 01:03:31:312,4.34383,4.35117
20171009 01:03:31:535,4.34413,4.35117
20171009 01:03:31:686,4.3439,4.35117
20171009 01:03:31:737,4.3442,4.35117
20171009 01:07:32:421,4.39106,4.40404 (130 pips spread)
20171009 01:08:46:821,4.38516,4.39214
20171009 01:08:49:475,4.38533,4.39214 20171009 01:08:53:660,4.38516,4.39306
20171009 01:08:53:930,4.38516,4.39329

The fifth row is the moment on which my eurtry trades closed. You can see 4.40404 (a fair market ASK) is completely different from the 4.69+ level at which my trades closed. Over 2800 pips off market to be exact. Prices on alpari’s chart are similar to Dukascopy’s prices at the 4.3900-4.4000 level except for the execution which caused the stop out. Normal spread for EURTRY is about 15 pips. It’s impossible, even on high volatility moments for it to widen to over 2800+ pips, not when not any of the other brokers report similar levels.

It proves I was stopped out due to an error on Alpari’s side and now they’re just looking for excuses so they don’t have to compensate me for the damage that has been done to me.

Stay away if your are looking for an honest broker!

Update: due to the issue above my account dropped to below 0 and now Alpari even has the audacity to demand that I should pay them for the negative balance (which is way smaller than the damage I suffered).
 
Reply by Alpari submitted Oct 19, 2017:
Good afternoon!
If you do not agree with decision, you have a right to contact The Financial Commission regarding this case.
Luzon, Philippines,
Apr 10, 2020,
Registered user

Not allowing me to withdraw my money

Service use: Live

Length of use: 0-3 Months

I have been working out to withdraw my money with them. I sent them the screenshot of my card as they requested but my card doesn't show my name because that card came from an online wallet called PAYMAYA. It works like a Skrill but they offer debit card so you can use it on you online purchases. I told them many times that the card they've sent me doesn't have any name on it so I tried to with MY MONEY, TAKE NOTE IT'S MY MONEY using my Skrill but they said I have to withdraw it using my card because that's what I used on my initial deposit.

They are insisting that I should use my debit card. They requested a bank statement but I told IT'S NOT A BANK IT'S AN ONLINE WALLET THAT OFFERS DEBIT CARD HERE IN THE PHILIPPINES!

So they are not allowing me to withdraw my money using other methods which is very inconvenient for me to the fact that IT'S MY MONEY. We're on quarantine because of what's happening and I need that money.

I can't even contact the ONLINE WALLET COMPANY, PAYMAYA due tot he fact that they are down because of the quarantine.

Now my money is stuck in there and the only way for me to get it back is providing them the information that I can't even get.

It's very very very very inconvenient that they are not giving me MY MONEY using other method to the fact that all my information is verified.

I even sent them an email with a screenshot of the app PAYMAYA which it has my info in there the transaction was there and they still reject it.

What should I do that's how PAYMAYA gave me the card, it doesn't have my name on it. It's an online wallet it works like a SKRILL it's not a bank.

I don't know what to do now.
  2 traders have found this review helpful
Reply by Alpari submitted Apr 14, 2020:
Hello EdwardS1030! Please note that withdrawal of funds is an integral part of the Company service. We kindly ask you to send us your MyAlpari number to forum@alpari.com in order to see into your case and find a solution to the situation.
Milan, Italy,
Dec 4, 2017,
Registered user

Hi all

I have big problem with my account on Alpari.ru

Saturday night @ the close of the market they have closed all my trades of USDPLN without any reason making me lose more than $ 219 !!!!

You can see the details from the attached file

Best Regards
Andy
 
Reply by Alpari submitted Dec 7, 2017:
Hello, please, note, we do not provide this currency pair any more https://alpari.com/en/company/news/4962_13112017/
Athens, Greece,
Dec 16, 2016,
Registered user

STOP LOSS HUNTING!!

Very dissapointed, I thought they were professionals They hit my stop loss though the price never reached my stop loss. When I send them my complaint they never replied. At least I was able to withdraw the rest of my money from my account.
STAY AWAY!
 
Reply by Alpari submitted Dec 24, 2016:
Hello. Please specify your complaint TID, we will check information on your situation. Please take notice - we respond to a claim within 5 business days.
It's likely that your Sell position was closed at Stop Loss level at Ask price, therefore you could not see this exact price on MT4 chart. Please check the Tick History in your myAlpari profile.
Athens, Greece,
Dec 17, 2016,
Registered user

CHASING STOP LOSS

They are chasing your stop loss. I thought they were professionals but they are not!
The high of the candle never reached the stop loss however stop loss was hit and I lost the trade. I have the documents to back up my claim. When I send them
email to file my claim they never ansered back. However I was able to quickly withdraw my money from my account. HOW DISHONEST.

Dec 16, 2016 - 1 Star Very dissapointed, I thought they were professionals They hit my stop loss though the price never reached my stop loss. When I send them my complaint they never replied. At least I was able to withdraw the rest of my money from my account.
STAY AWAY!
 
Reply by Alpari submitted Dec 24, 2016:
Hello. Please specify your complaint TID, we will check information on your situation. Please take notice - we respond to a claim within 5 business days.
It's likely that your Sell position was closed at Stop Loss level at Ask price, therefore you could not see this exact price on MT4 chart. Please check the Tick History in your myAlpari profile.
Mecklenburg, Germany,
Apr 10, 2020,
Registered user

Payout horrible!

Service use: Live

Length of use: over 1 Year

After years of useless PAMM account investment i want to withdraw my dollars. Have provided them with absolute valid passport. Now they play the arrogant game we want this or that document. Treating customers like idiots. They did do the same before. A totally bad broker! If somebody has working help, please contact me, to get my money out! Write in all forums about the bad ways they do to customers! May the almighty GOD stop this bad companys quickly!
  1 trader has found this review helpful
Reply by Alpari submitted Apr 14, 2020:
Hello Trader-DE! Please be informed that in order to withdraw funds via bank wire transfer it is required to provide the Company with two documents: a signed Client Registration Form and a copy of your passport. You have provided us with the copy of your passport and it was accepted. Now for you to withdraw your funds kindly provide us with a signed Client Registration Form.
Gustavotibiricaent,
Brazil, Brazil,
May 16, 2018,
Guest

Withdrawals denied

I am trying to withdrawal my money and all my requests are denied. The support just instruct me to make more 5 usd deposits to be able to withdrawal. This is the worst broker I have ever seen. I did not take one trade on it and I am not able to just refund my deposit to my card. Definitely will never use or recommend it.
 
Reply by Alpari submitted May 18, 2018:
Good afternoon!
We are very sorry for this inconvinience.
We applied all efforts to solve the problem you are faced with withdrawal to your bank card. Unfortunately after all attempts we found out that your bank would not accept transfers directly by card number.
We have sent to your e-mail refund proposal. Please answer us by e-mail
Kenneth,
Sweden, Sweden,
Sep 2, 2013,
Guest

Be aware of Alpari NZ weird things on this broker.

I tought i should add a warning about Alpari NZ, yesterday i had 8 trades in my basket and the basket was in profit, i also expect it would become higher since i knew gold would go up even more before the reverse, well now the weird thing start to happen.

First i got error on the connection, this was just before the news from United Kingdom, impossible for me to login, i filed a complain against them because this was not the first time this happens when big data is coming, then the next thing happen.

Suddenly all my trades got closed, i did not understand what happen at hall, i was about to add a order and all closed, i went to account history and could see that my trades was closed due to 'Margin call', this is even more strange, i had $150 in balance and equity was $161 so it cant be any margin call, i tried to buy gold again and got the message 'Not enough money', well have a look at the picture 'cant_place_ordersaying_no_money' tell me if i dont have money or if i should have margin call?

Well yet again i filed a complain, and now even more strange this start to happen, i was forced to use another computer so i logged on with that one, guess if i was shocked, when i entered my account suddenly all my trades where there again(see picture, compare the order number), how is this possible, trades where closed due to margin call(according to there account history) and still they where there.

Angry as hell i filled another complain and told them how the hell this could happen, and it was no use for them to try to erase the account history since i already had a copy of it, guess what, after a while the trades that where closed and where in the account history was gone.

I have said to them that they can close all trade set my account to $170 which should be a fair and then im nice since i did not get all the profit on my trades, i haven't yet got any answer from them.

The best advice i can give to you all out there, stay the hell away from Alpari NZ nothing else then criminals.


After a day i got an answer from them:

------------------ From Alpari -------------------------
Dear Kenneth

Thank you for your request.

We have a technical problem with server of ECN.
A margin was an incorrect. That's why all positions were closed.
We recovered it again automatically.
If You think, that a recovering of orders wasn't right, send a request through myAlpari
https://my.alpari-forex.com/en/claim/
Accept apology for the situation.
------------------------------------------------------------------

Im very sure they would not accept my apology if it was the other way around, well i dont think they would accept my apology, how the heck do they think they can return my trades much later and after they have passed to the top and then gone negative.
They closed my trades and i was profit around $15 and would have been around $30, they give back trades that are negative -$47 and they want me to accept an apology.

I have added a link here where you can read the same, but there is also picture to prove this scam

/Kenneth
 
Quatro Barras, Brazil,
Jan 19, 2019,
Registered user

Stay away from these scammers.

Terrible. The worst thing that could have happened, happened to me at Alpari after I made deposit with my credit card they blocked my withdrawn on Skrill and Neteller. And when I ask to withdraw the administrator of my card refuses. I was stuck with my capital. And the support does nothing for me to withdraw and does not care about my difficulty of effecting the withdrawal. I got my capital compromised without being able to leave the brokerage house. Stay away from these scammers.
 
Reply by Alpari submitted Jan 21, 2019:
Hello! Sir, we'd like to help you to solve your issue. Please, send us a message with your myAlpari number to our e-mail forum@alpari.com. We need it to check the information and give you publiс answer.
Ebere,
Lagos, Nigeria,
Mar 12, 2017,
Guest

Very difficult to withdraw funds from my Alpari account

I am quite upset with Alpari. Initially they were professional and enjoyable. But I am having GREAT difficulty withdrawing money frommy account. This is agonising because I am in urgent need of funds. I am fed up oftalking to their chat rep who can't help. All they need to do is send me a code which never comes. I'm very very upset.
 
Reply by Alpari submitted Mar 14, 2017:
We are sorry for having given you such bad experience of communication with our support service team. We would be very grateful if you told us when you had contacted us and your account number. It will help us to improve our client support service.
Netherlands,
Nov 2, 2017,
Registered user

Artificial spike stopping out my account, and Alpari even wants money for the resulting negative balance.


My Alpari account had a problem which was not solved professionally.

An artificial price hike on the eur/try pair had the result that all my trades were stopped out on Monday morning on October 9th at 01:07 on my account. The price at which the short eurtry trades were closed was 4.69185. Looking at other brokers it shows that the real market price was only about 4.42-4.46 at its highest. Also, the price at the chart from Alpari was only 4.3942 at the moment my trades closed at 4.69185.

Therefore I logged a claim and pretty soon the Compliance Dept of Alpari responded by saying it was a spread widening that caused the stop out. I understand that spreads can widen at certain times, but not 2000+ pips. That is impossible.

Because of this price error my account dropped to subzero and now Alpari is even demanding I should pay up for the negative balance. Crazy situation!

Keep away from this nonprofessional broker! Definitively a poor one star only.
  1 trader has found this review helpful
Reply by Alpari submitted Nov 6, 2017:
Good afternoon!
If you do not agree with the decision, you have a right to contact The Financial Commission.
Nigeria,
May 2, 2019,
Registered user

These broker I pathetic

I wish there was 0 stars so I can really express myself about this scammers.

They let you make a deposit in 10 minutes, but withdrawals take forever to complete.

I made a $40 withdrawal via AMoney Nigeria and it's been several days and no payment has been made. The customer care representatives are the worst. My account manager once called me to stop bothering them because it's just $40 and people who are making $100,000s of withdrawals aren't complaining. Apparently to them, I should lose my money simply because it's not up to a hundred thousand dollars.

I won't even advice my enemy to use this broker. They're just not worth the time.
  2 traders have found this review helpful
Reply by Alpari submitted May 3, 2019:
Hello! Please send us your myAlpari account number to our e-mail forum@alpari.com. We need it to check all the information and provide you with the public answer. Thank you for feedback!
Netherlands,
Oct 21, 2017,
Registered user

I normally don't write reviews, but in this case I felt obliged to do this.... I'm extremely unhappy with the treatment by this broker.. In the night of Sunday to Monday my account was stopped out because of a price hike on the eur/try pair that was off market. In my trading history it shows the trades closed at 4.69161 but the real market price was nowhere near this number as can be seen from other brokers. Afterwards I could see that Alpari's own chart only gave 4.4756 as the highest point the pair ever reached.
If this event above hadn’t occurred my account would not have been stopped out and the trades would still be open. I believe this was not my fault and that I should have the right to be fully compensated for this. All trades should be reinstated or I should be compensated for the difference between the stop out price and the current market price.
 
Reply by Alpari submitted Oct 23, 2017:
Good afternoon!
you have a right to fill a claim in your myAlpari regarding this case
Dron,
London,
Apr 27, 2011,
Guest

They can not open Pamm account For UK residents. One star for that.
 
alexander dahmen,
bucharest, Romania,
Feb 13, 2015,
Guest

i want to escalate this case
alpari ru owes me 667USD my account number is 57638
500$ in partnership comission was deducted from account 167USD are currently in the account i want to close the account but they dont payout the outstanding balance
i fulfilled the rule that 3 active clients trade 1 LOT in 1 month
 
Reply by Alpari submitted Nov 24, 2016:
Hello, total payment has been decreased due to the fact that several of your referrals used the same IP address.
Minsk, Belarus,
Mar 6, 2020,
Registered user

Manipulation with spread and auto close of orders

Service use: Live

Length of use: 0-3 Months

Hi everyone! Today I will publish my experience with Alpari. First of all, technical support not interested in your trading activity, they only ask about additional deposits and etc. Every night they scam broker enable huge crazy spread, every night! The personal manager told me that everything okay, looks like our liquid provider disconnected, WTF, every night? We launched strategy in Australian broker and Alpari, the Australian broker now had +36% for 2 months Alpari at that moment working only into the minus. Also, they closed a few of my losing orders without notification. This broker didn't support compensation for the troubles with spread and other problems on broker side. First and last time I work with Alpari. After the trading experience I can confirm that information on the Russian blogs, really true, they SCAM brokers.
  2 traders have found this review helpful
Reply by Alpari submitted Mar 10, 2020:
Hello! Spread widening is connected with the liquidity level, which decreases at night as the volume of trades and the number of market participants also decreases. Moreover spread widening can be observed during macroeconomic news launch, bank rollover, at the opening of the Market on Monday and at the close on Friday, when the number of market participants decreases.
Also note that each trading account has its own Stop Out level which you can see in the Trading conditions on our website. When a trader does not have enough of free equity to support the open trades, a force close will take place on the trade incurring the biggest losses.
Nigeria,
Mar 8, 2019,
Registered user

Funds withdrawal not credited

I withdrew $18 from my Alpari account on the 27th of February from Amoney Nigeria and up till now it hasn't been credited to my account. I have complained by sending emails and having a live chat with them but all to no avail. I have even tried calling my account officer but she never picked her calls. When people say Alpari scammed them, I thought it was actually a joke. Now i know better.
  2 traders have found this review helpful
Reply by Alpari submitted Mar 11, 2019:
Hello! Please send us your myAlpari account number to our e-mail forum@alpari.com. We need it to check all the information and provide you with the public answer. Thank you for feedback!
Africa, Ethiopia,
Jan 23, 2020,
Registered user

DO NOT TRADE NEWS WITH THIS BUCKET SHOP BROKER

Service use: Live

Length of use: 0-3 Months

My name is Will. I have never had a terrible experience like the one i experienced today with this broker when trading the news today 23 January 2020.. My account number is 80030085. They get me out of my trade with just but little profit and they claim i was stoped out. How the sex can i get stoped out with a little profit. IMPOSIBLE ! I dont recommend this broker anymore.
 
Reply by Alpari submitted Jan 27, 2020:
Hello Will fx! Kindly contact our support specialists at https://www.alpari.org/r/livechat?lang=en specifying the number of your trading account and the order. The specialists will see into your case and provide you with an answer on the situation.

FPA Review Moderation Team Note: Hello Alpari Rep, If you are logged in and look above the review text, you should be able to see where Will fx provided an account number.
ISTANBUL, Turkey,
Oct 8, 2016,
Registered user

ALPARI IS ROBBER !!!

ALPARI IS ROBBER !!!

I am IB of Alpari,(IB no:1202369) since 2010. I won 1774 USD rebates in September 2016. But Alpari paid only 81 USD for rebates of September .
i fulfilled the rule that 3 active clients trade 1 LOT in 1 month. I will complain this company. I am talking my lawyers. And I think talk to Russian Embassy.
 
Reply by Alpari submitted Nov 23, 2016:
Hello, our IB department has already discussed all the possible solutions to this problem with you. Total sum has been decreased due to clause 5.8 of our IB regulations - "should the IP address of a Client be the same as that of the IB, they shall be considered affiliated and compensation on the account will not be paid."
If you have other questions - feel free to contact our Client Support.
Alexey,
Moscow, Russian Federation,
May 30, 2013,
Guest

There was a problem. At 17:54 the warrant on purchase after EURUSD steam, was open at 17:58
the terminal on the computer hanged and I had to open a trade platform on
phone where I manually closed ордел with profit in 266USD. After that I opened
platform on the computer and the balance of the account was successfully changed on 266USD (the warrant was
it is closed). At 19:09 the terminal on the computer again hanged, after its restart the warrant
603757238 it was open and with losses. The chat addressed in online, told that to
to them already addressed on this problem, asked to write to you to understand in
situations.

In a week I received the answer:

Really, 22.05.13 at 17:59 on MT time, on a currency pair of EURUSD price emission was recorded.

On this price emission from the terminal authorized on your account 914319 the order on position closing #603757238 arrived that confirms a server log file:
2013.05.22 17:59:17 '914319': close market order #603757238 (buy 3.65 EURUSD at 1.29036)
2013.05.22 17:59:17 request from '914319' (close #603757238 buy 3.65 EURUSD at 1.29119)
2013.05.22 17:59:17 confirm '914319' close #603757238 buy 3.65 EURUSD at 1.29109

2013.05.22 17:59:17 '914319': close order #603757238 (buy 3.65 EURUSD at 1.29036) of at 1.29109 completed

As these prices weren't recognized market, at 18:55 on MT time this emission was removed, and its consequences are eliminated.

It became the reason of restoration of your position #603757238 in the market:

2013.05.22 18:55:26 '914319': restored order #603757238, buy 3.65 EURUSD at 1.29036

Similar situations a rarity, however price emissions happen. We in turn make every effort for reduction of quantity of similar situations and we do everything possible for the fastest elimination in case of identification.

Restoration of positions as the way of settlement of similar situations is universal practice.

During analysis of this claim of mistakes, or violations of Regulations of trade operations it wasn't revealed, as a result, the bases for satisfaction of a claim aren't present.

We apologize for the delivered inconveniences.

The company broke point of the regulations, namely

4.2 . For position closing by means of the client terminal without use of the adviser the Client needs to press the Close … button ("To Close …"). The order of the Client on closing of a position can be executed at the price which differs from the quotation which the Client received in the client terminal during the last cut of the market (Market Snapshot), in the following cases:

a) if the current quotation changed from the moment of the last cut of the market (Market Snapshot);

b) if the quotation from the last cut of the market is applicable to the smaller volume of trade operation, than the volume of trade operation of the Client.

In all cases the order of the Client will be executed for the best reasonable price from suppliers of liquidity of the Company.

In it it is told that IN ALL CASES, the order of the client will be executed for the best reasonable price.

In my case the order wasn't executed.
 
Adorable,
Nigeria, Nigeria,
Mar 18, 2019,
Guest

Alpari manipulate trade until you lose your money

It's a bad broker. You can never make profit from them. They will make sure you don't have any money to withdraw. Stay away from them they're not investors' friendly. They manipulate trade against you until your account wipes off. Bad! worse!! worst!!! broker.
 
Reply by Alpari submitted Mar 20, 2019:
Hello! Sir, we'd like to help you. Specify the details of situation you face, please. Send us a message with your myAlpari number to our e-mail forum@alpari.com and also clarify your trading account number with the position numbers. We need it to check the information and give you the publiс answer.
ASK,
iran,
May 22, 2010,
Guest

ALPARI-RU an BIG SCAM Broker
hello
Dear sir
visit this page
http://alpari.persiangig.com/

Alpai RU is Scam me about 2 mount ago and i send more then 10 complaint but they don't accept my request and tell me about business roul not broken i trade 0.1 Lot size and left the trade but when i got daily confirmation Email i see they wraith 1.0 lot size and i loss about 2500 USD and they don't accept they mistake i send my log zip file and they answer and my daily statement replay and all in a zip file to view all and show how much they SCAM US and we never can do a right compliant all people doing trade with this Broker But when they see loss in him side doing this action and always losser are US .
Now I have this information and want someone help me in this way If they are really regulation in some where why they don’t answer our complaint and always in Broker side ?
I want Just show You Alparu ru (https://www.alpari-forex.com ) is An scam Broker site and keep this complaint and never want they accept this is a folk of them and 2500 $ is a big money for a trader working with 0.1 lot size after this i told to everybody trade with Sweden or Switzerland or UK or US . , broker brokers in RUSIA AND Spurs or any other where when loss himself they give that from trader or don’t send money and show they send ! I attach my zip file whit log and statement and want to see everybody maybe not yet late for them and want from new user find Broker from another country NO more Russia . don’t looking to low spread or welcome buns this welcome money very fast got from Broker + your own deposit !!! where they give this easy money for give to US ( our self ) please keep listen to me this is not joke , just when you loss your deposit you understand what I want to tell you ( why 90% always loss because Broker want to keep playing with your money and that 90% is welcome buns ! or … example pr..4x give 1000 - 5000 USD !!! in your first deposit !! this is Joke or they give that in the end of game to you ? )
In the end I tell you again trade is real but in right Broker not Scam or Russia or spurs just find you broker from an country have right rule form they own people .

attach logs file from my PC and my answer click zip file

THEY SEND ME A LOG FILE BUT THAT IS MAKE BUT THEM SELF AND YOU CAN LOOKING TO MY LOG FILE AND SEE WHERE IS PROBLEM I JUST TRADE 0.1 LOT SIZA NOT sell 1.00 GBPJPY or 1.00 GBPUSD Lot SIZE



this is they answer to me : all trader know this !!!!
Dear

We have checked your case carefully and in the log files we can that a request for opening a position from your terminal was for 1.00 lot volume. So all orders were executed correctly.

Please note, that when you open a new order in mt4 in the 'Order' popup window there is a 'Volume' field.



The 'Volume' field is clickable and you can both change the lotsize printing the volume manually or scrolling the mouse button after clicking on this field. Please mind that you can change the volume size by mistake just touching the mouse button, or forgetting to add a 'point' when printing in the lotsize (01 instead of 0.1, 01 will be taken as 1 lotsize by the program). So it is highly recommended to double-check the Volume field before clicking Sell or Buy button to avoid any mistakes. The client accepts all the risks of such misprints on his own side.

To exclude the big fund losses in the future trade we strongly recommend you to use the Money management rules.

Thank you for your request.

Re: [TID#10124547] ACC# 89325 logs file attach
 
Nairobi, Kenya,
May 25, 2020,
Registered user

Unethical Immoral Fraudsters and Terrorists

Service use: Live

Length of use: 6-12 Months

My experience with Alpari has been nothing short of well orchestrated money heist scheme. I will cover areas on deposits, withdrawal and their PAMM accounts.

1. Deposits
For deposits they accept Visa, Mastercard, Skrill and other payment platforms. I funded my account with my visa card and decided to try out their PAMM accounts. The performance of the PAMM accoutnt ratings looked enticing and realisitc however once I invested being a statistician I noticed an alarming anomaly in the way the account started growing. I t was a constant growth of 2.5% then a slight decline. A realistic growth would be 1% 3% 2% -3% 5% but this was daily 2.5% then deduction. I knew instantly I had to close it. Then it was delivering monthly returns of 35% and YTD 1250% I was sold out to the numbers. But being the person I am probed further. As I write this review May 25, 2020 the account is in Drawdown of -negative and was closed with people money lost for good. Before it got to that I had successfully removed by money from that PAMM account but not from ALPARI HEIST.

2. Withdrawals:
I felt that Alpari wasn't a good broker and wanted to withdraw my money from their platform altogether and headed to their website to withdraw money. Shock on me when i was informed that VISA (ironically the card I used to deposit) wasn't supported and that I should withdraw with Mastercard and that the form must be bank signed. I was surprised since the money was mine, no alpari staff deposited from their hard eaerned cash to my account, also never got any waiver or fee or bonus but here they were putting conditions on my own money. I wrote to them to process and asked why they accepted deposits in visa but they insisted it was down. Now if you try deposit with VISA on Alpari it works but you can't withdraw. My money was lost to Alpari's gain.

3. Trading Conditions:
Won't go into the details how their platform shows different bars with many stop hunt wicks. That has been shared by many people here.

ADVICE TO OTHERS:

THIS IS A SCAM COMPANY DON'T DEPOSIT
THIS IS A SCAM COMPANY DON'T FALL FOR THEIR PAMM
THIS IS A SCAM COMPANY DON'T TRADE WITH THEM.

Once you deposit money you will only be seeing it on the website. Its a cursed company. Won't last long.

We should all report ALPARI to authorities, register the same with interpol and the regulator. Furthermore lets put pressure on Mastercard, VISA and other platforms to stop supporting the pyramid scheme that is alpari.

THIS COMPANY SHOULD NOT SURVIVE COVID 19
  2 traders have found this review helpful
Reply by Alpari submitted May 27, 2020:
Hello! Please be reminded that PAMM service does not guarantee profit or safety of funds. Not always a manager’s trading strategy leads only to profitable trades. The manager also incurs losses in case of unsuccessful trading, as they invest their own funds when opening a PAMM account. We are sorry to hear that your investment experience turned out to be negative, however, we want to note that the service has brought profit to many Clients of the Company.
When saying “their platform shows different bars” kindly specify what do you mean by that? Different bars from what?
We do not have any issues with withdrawals. Please send us a letter to forum@alpari.com specifying your myAlpari number. We will investigate your case and provide you with a detailed answer on the situation.
Istanbul, Turkey,
Aug 23, 2020,
Registered user

Scam and fraud

Service use: Live

Length of use: 3-6 Months

I have been using alpari for the past months both alpari.com and alpari.org for the deposit and customer service everything was smooth, after i have done withdrawal through my master card wich is the initial way i deposit. They have accepted my withdrawal and the fund was sent as they claimed. Two months have gone and the fund didn't reach my account i have asked to send me the ARN to track my fund but they keep sending me the ARN of my inital deposit and they claim that they have done reversal transfer. I have send the full report from my bank that there is no actual or reversal transfer from them but they still make excuses. All in all they are fraud keep your money from it. I will have to fill up charge back form to make claim with master card via my bank card issuer since i have done initial deposit through mastercard. Be carefully from this scam broker.
  1 trader has found this review helpful
Reply by Alpari submitted Aug 26, 2020:
Hello! The Company does not have any issues with withdrawals. We kindly ask you to send us the request number to forum@alpari.com in order to investigate this case and provide you with a detailed answer in the shortest time possible.
L.V.,
Dresden, Germany,
May 10, 2013,
Guest

Please also read my review about ForexTime to completely understand this complaint!

I have had a so called "ECN" account with Alpari NZ and have made good profit with them. However, when I almost tripled my initial deposit, out of sudden the execution time on the ECN account went from 300ms on average to exactly 3 seconds each time. Making scalping unprofitable of course.

I suspected it´s the typical "Virtual Dealer"-type of plugin at work on my account and that this is not a real ECN account but that they are market making on it and just saying it´s an ECN account. I was proven right because I simply opened an additional ECN account in the "My Alpari" backend and this one had the usual fast execution time of 300ms.

So I moved my capital form my previous ECN account to the new one via the backend and continued my scalping strategy and again made a good profit. Then again, out of sudden, the orders have been delayed by 3 seconds each.

So I repeated the same procedure and opened another ECN account in the backend, transfered my capital from the previous second ECN account and, you guess it already, execution was fast again:)

It´s a very funny game indeed to be honest, but you clearly see how the broker is cheating here and that their ECN account is NOT a true ECN account but that they are market making on it and don´t like if you make to much profit.

Please also read my ForexTime.com review as the same happened to me there - they are connected with Alpari, using their previous offices in Cyprus and the same liquidity.
 
Lucas,
, USA,
Jul 4, 2016,
Guest

Unfortunately, although Alpari let me open and verify an account, as soon as I funded it (with a $4000 wire transfer from memory), they told me that they couldn't accept me as I was a US resident (which they could have done when I verified the account).

They then stole part of my money, claiming it was their bank's wire fee. When I emailed them asking for an explanation they wouldn't even answer the emails.

As such, I strongly recommend against this broker, even if you're in a jurisdiction where you're able to use them. Their incompetence and childish support should throw anyone off, no matter where they're from.
 
Reply by Alpari submitted Nov 23, 2016:
Hello, unfortunately we do not accept clients from the US and Canada - there are no options for "USA" and "Canada" during our registration process. If you chose another country to create an account with us and then instantly deposited funds without even contacting Client Support - you bear the responsibility for the consequences of your action.
All charges and rates for withdrawal transfers are clearly stated on our website: http://alpari.com/en/trading/deposit_withdrawal/ .
Việt Nam, Viet Nam,
Oct 11, 2018,
Registered user

I feel fraudulent broker. I am not satisfied with this broker.

I feel fraudulent broker. I am not satisfied with this broker.
Up to the date 10/11/2018 "IB 1244730" has $ 909.99 but today I received only $ 733.05.
Why am I only receiving $ 733.05?
Current amount on (https://ib-my.alpari.com/en/my_partner/bonus/ [10/12/2018] )= 0 $
Photo attached:
[img]http://imageshack.com/a/img923/2943/HeWpH7.png[/img]
[img]http://imageshack.com/a/img922/8376/ZIIdae.png[/img]
[img]http://imageshack.com/a/img923/9153/68MczH.png[/img]
 
Reply by Alpari submitted Oct 12, 2018:
Good afternoon!
Your report worries us.
Please contact our specialists from IB-partnership department via e-mail ib@alpari.com.
They will investigate what happened with your money.



Gumla, India,
Feb 2, 2020,
Registered user

Alpari is Fraud Scam broker

Service use: Live

Length of use: over 1 Year

From India my name is Arshad ..Alpari side my Real acount 5918235 but am so sad bcoz on date 25january 2020 Night my Acount was Suddenly Washout bcoz its Scam from Alpari side I open 3 lot of 0.01 on euroaud and eurochf side on equity $157 but suddenly look Mkt go 20 to 30 point my Acount washout am shocking how its ...impossible bcoz on my Acount Margin availability was good but its end
Bcoz Alpari is Scammmer big Scammer Dont invest here
  1 trader has found this review helpful
Reply by Alpari submitted Feb 4, 2020:
Hello Ansari! Please send us a letter to forum@alpari.com specifying the numbers of the orders that you think were closed wrongly. We will see into the situation and provide you with an answer on it.
Saint Petersburg, Russian Federation,
Oct 17, 2019,
Registered user

Why does company provide false information about their activity?

Service use: Live

Length of use: over 1 Year

I would like to draw attention to the false information provided by Alpari in this review. You could verify quotes I used by using the official answer from the company just below.

1. "The Company is registered in the territory of a foreign country, and has never had any branches or representative offices in the territory of the Russian Federation and has not obtained the related license of the professional securities market participant"

After revoking the license, the broker claims that he never had representative offices in Russia, as well as licenses from the central bank. However, a saved copy of the company's website for 2017 contains other information. I leave a translation of the Russian website of the company and a link where you can check the information.

The Company History

2001
November
The first Alpari office in Moscow opens.

2003
February
Alpari’s office in St. Petersburg opens.

2016 (II)
November
Alpari get a license from the Central Bank of Russia, which reaffirming status as one of the country's most reliable brokers.

*https://web.archive.org/web/20170706073340/https://alpari.com/ru/company/history/

The company’s website in 2017 also mentioned the office at Raketnii bul'var 16 in Moscow, which continues to operate despite the revocation of the company's license in Russia. This information can be checked in Google. The company also did not provide me with clarifications on this issue.

I suggested that the company contact the central bank or regulatory authorities of the Russian Federation if someone continues to operate in Russia using their name. Although how can you complain about your own semi-illegal activity, especially if legal entities are managed by the same CEO (Andrey Dashin), right?

For me, as a client, such an outright lie on the part of the company causes distrust of the company as a whole.

Sep 22, 2019 - 1 Star This review will be useful for those who already work with Alpari in different countries, and for those who are at the stage of choosing a broker.

I used the services of the company until the revocation of their license to carry out activities in the Russian Federation by the central bank.
After that, I repeatedly turned to the company with a request to provide documents that would confirm the right to continue activities in the territory of this country. I did not receive a reply to any letter.

TID#101255303
TID#101243990

The legal entity whose license to operate in the Russian Federation was revoked continues to operate under a different name (TIN 9717003523). The Alpari brand operates in different countries under different legal entities, but the ultimate owner of all organizations is Andrey Dashin, who is the founder of the company.

When choosing a company to work with, it is important to check the country of registration, and the availability of a permit to work on the securities market in your country. Since the end of 2018, Master Card and Visa payment systems have tightened requirements for brokers with offshore registration. Now, they can request documents confirming the right of the company to work in your country. I did not receive a response from Alpari regarding the availability of such documents.

If you work with Alpari from Russia, then one day, you may run into the problem of accessing the company’s website. This issue is being discussed now in the central bank, to suppress the activities of brokerage companies without a license in the Russian Federation.

These are the main questions I want answered from the company:
1. Under what license does the company continue to operate in Russia?
2. Comment on your relationship with the payment systems MasterCard and Visa. Do you have the necessary documents confirming the right to work in each region of the company's presence?

For existing company clients from other countries, I would recommend contacting a support service in your country so that you can also be provided with the necessary documents confirming the company's right to carry out activities in your country. After all, if you have an issue, as in the case of the bankruptcy of a branch in the UK, or the termination of Alparis activities in Canada, a local court will not always be able to help resolve the conflict.

I duplicated this review in two languages, on sites where company representatives are present.

Reply by Alpari submitted Sep 28, 2019 Good afternoon!



The brand Alpari is presented in many jurisdictions of the world and provides its services in full compliance with the international standards and the requirements of the current legislation of the countries of presence, including compliance procedures for all counterparties with which the brand has a contractual relationship.



You have accepted a Client Agreement with one of the brand’s companies - Alpari Limited (hereinafter referred to as the Company), on the website: www.alpari.com (hereinafter referred to as the website), that is registered in Saint Vincent and Grenadines. The following documents are an integral part of the Client Agreement: Risk Disclosure, Terms of Business for STANDARD and NANO Accounts, Terms of Business for ECN and PRO.ECN Accounts, Regulations for Non-Trading Operations and any other applicable documents uploaded in the subsection «Regulatory Documents and Agreements». Funds deposit to/withdrawal from procedures, including MasterCard/VISA bank cards are described both in Regulatory Documents and on the website. By accepting the documents, you have read and agreed to the terms and conditions of Сlient Agreement and methods of settlement of transactions.





Regarding the essence of Your appeal, we can explain the following:



• In the Company, along with Regulatory Documents, has been developed and approved the internal policies applicable to bank card transactions of international payment systems, including AML and KYC policies and is kept monitoring all payments to prevent fraud or violation of the law, both by the Company and by the client;



The Company is a member of the Financial Commission (https://financialcommission.org/), an international organization for handle of trade disputes on financial markets;



• The Company, being a financial market organization, registered in the Saint Vincent and Grenadines, has relevant legal opinions from various legal service providers on compliance of the offered service (s) with the legislation of the country of registration. At the same time, the legislation of the country of registration of the Company does not prohibit to enter into transactions on financial markets with non-residents and there is no direct prohibition for citizens of the Russian Federation to open accounts (to conclude any contracts) with banks or organizations of the financial market located outside of the Russian Federation, which is confirmed by the introduction of a new term in the currency legislation of the Russian Federation as "another organization of the financial market." The above-mentioned opinions are provided directly to counterparties, including international payment systems MasterCard/VISA, upon completion of all necessary compliance procedures and KYC.



As was previously reported, the Company is registered in the territory of a foreign country , and has never had any branches or representative offices in the territory of the Russian Federation and has not obtained the related license of the professional securities market participant, in accordance with the №39-FL “On the securities market». A citizen of the Russian Federation has a right to use the services of the professional securities market participants located in the territory of the Russian Federation and abroad, including the right to make payments to foreign banks or brokers where he has an account.



On analysis that we made under Your case, the Company declares the following: You independently initiated the corresponding operations within use of Company’s services according to Regulations for Trade and Non-Trading Operations, including use of all interface of a personal account that is not denied by Your message. In a case of disagreement with operations made by You, You have a right to make a claim through MyAlpari to the Company, for its further consideration, including to use the right of the appeal to the Financial commission.



Alpari Limited
 
arizal,
, Malaysia,
May 16, 2016,
Guest

Please Stay Away From Alpari.org

on 18th march 2016 i received email from Pavel.Gorbunov@alpari.org stating that they would like to advertised their broker within our website.

total of usd200 for articles ads.we had fullfill the job and asking for payment.

at this point Pavel.Gorbunov@alpari.org refuse to acknowledge that he on behalf of alpari.org had offered us for the advertisement.

though we had show all details emailed by him regarding his offers to us this Pavel.Gorbunov@alpari.org has go around the question and make funny of our claimed.

this is unethical behaviour from someone from alpari who refused to pay usd200.

since usd200 is not a big deal to us we just ignored him when he accused us for blackmailing them.we got all the email as proof,all the articles that they provide and now they accused us for blackmailing them.

i wonder how alpari can hired this guy into their company.

im here to inform all of you who might interested to join this broker to stay away from them. if they can lie for as low of usd200 the cost of advertisement for their label.just imagined what they can do for your money
 
Reply by Alpari submitted Nov 24, 2016:
Hello, please specify your contact e-mail or webiste (you can do it via private message on the forum) - we will look into this issue.
Bangalore, India,
May 11, 2020,
Registered user

Payment Issue

Service use: Live

Length of use: over 1 Year

My payout of $2700 is not yet processed by Alpari team. The money is debited from my Alpari account but the withdrawal is not processed. I have raised a Ticket#101365892. Even after repeated followups there is no response from the Alpari team. My account Manager Vashna Hanadon doesn't reply to my emails nor the payments department is responding! I have also marked a copy of my emails to forum@alpari.com. Unfortunately, they are also not responding!
  2 traders have found this review helpful
Reply by Alpari submitted May 27, 2020:
Dear Sir,

We kindly draw your attention to the fact that Alpari Limited does not have any issues with the withdrawal of funds, all withdrawal requests are processed in full compliance with the Regulations for Non-trading Operations.

However, we would kindly ask you to take into consideration that according to the 23.1 and 23.2 clauses of the current Client Agreement, in case of any conflict situation,

it is necessary to file an official claim in your MyAlpari Account in accordance with the established form.

In the claim form, please indicate the numbers of the disputed transactions, as well as the points of the regulations and the Client Agreement, which, in your opinion, have been violated.

Your claim will be considered within 5 business days in full compliance with clause 23.14 of the current Client Agreement,

and you will be provided with an official response on behalf of the Company.

We remind you that the Company has the right to dismiss a complaint if the claim was directed to the Company in another way,

than through the corresponding section of your MyAlpari Account (on the forum, by e-mail, by phone, etc.).

Thank you for your cooperation.
Peter,
Budapest, Hungary,
Apr 10, 2018,
Guest

Scammer company

They promised to withdraw my funds ($2900USD) from my account until today, but they don't processed it. They just promise the payment in the last 2 weeks. I have all of screenshots about my account and my past chats with them. Today i tried to contact with them on the chat regarding it, but they don't respond to me.... Scammers.
 
Reply by Alpari submitted Apr 12, 2018:
Hello! Specify please your myAlpari number. We will check the information and solve the issue.

Frequently Asked Questions

Is Alpari a good broker or a scammer?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Alpari is a good broker or a scammer. https://www.forexpeacearmy.com/forex-reviews/6681/alpari-forex-brokers

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent Alpari community discussions: https://www.forexpeacearmy.com/community/tags/alpari/

Is Alpari International legit?

Alpari International is the trading name for Exinity.

Alpari International is regulated and licensed by the Financial Services Commission of Mauritius, license number C113012295 Code FS-4.1, Code SEC-2.1B.

How do I invest in Alpari?

Alpari offers PAMM investment service.

  • How does Alpari PAMM work?
Investors assess the effectiveness of different managers by looking at the independent ratings, and select an account to invest in.

If the manager achieves a positive trading result, the investor makes a profit, paying out a percentage of this to the manager.

What is the minimum deposit for Alpari?

Alpari introduces a variable minimum deposit based on the account types.

  • Nano.MT4: the minimum deposit is USCent0
  • : the minimum deposit is $20
  • : the minimum deposit is $100
  • : the minimum deposit is $300
  • : the minimum deposit is $500
  • : the minimum deposit is $500