Comparison of Alpari and XTB
| Feature | Alpari | XTB |
|---|---|---|
| Broker | ||
| Year Founded | 1998 | 2002 |
| Broker Type | ECN, MM | MM |
| Dealing | A-book, B-book | B-book |
| Execution | Market | Instant |
| Regulation | MISA, NBRB | BFSC, KNF, AMF, ACPR, FCA, CNMV, DFSA, BaFin |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | xStation |
| Spread | ⮕ Average | ⮕ Average |
| Maximum Leverage | 1:3000 | 1:500 |
| Minimum Deposit | $50 | $1 |
| Base Currencies | USD, EUR | USD |
| Funding Methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, PaySafeCard |
| Inactivity Fee | $5 per month after 6 months | $10 per month after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Financialcommission.org | UK Financial Services Compensation Scheme (FSCS) |
| Protection Size | €20 000 | £85 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
| Review | Alpari Review | XTB Review |
About Alpari
Alpari is one of the most established names in the Forex trading world, with a history dating back to 1998. The broker has built a solid reputation, particularly among traders in emerging markets, for offering a broad range of financial instruments and account types that cater to both beginners and experienced traders. Alpari provides access to Forex, commodities, indices, and cryptocurrencies, with platform options including MetaTrader 4 and MetaTrader 5, two of the most popular trading platforms globally. The broker also offers social trading features, allowing clients to copy the strategies of more experienced traders. With a long track record and diverse offerings, Alpari aims to deliver flexibility and convenience. Additionally, Alpari offers multiple deposit and withdrawal methods, which is a major advantage for traders worldwide. However, it is important to note that while Alpari has a strong presence in many regions, it is not regulated by top-tier authorities, which may be a concern for some traders. Despite this, Alpari maintains a significant customer base and continues to attract clients with its competitive spreads and educational resources.
Pros
- Established broker with over two decades of experience in the industry
- Provides MetaTrader 4 and MetaTrader 5 platforms
- Offers a PAMM feature for those interested in investing
- Comprehensive research and educational resources
- Competitive spreads and flexible leverage options
- Multiple payment methods for deposits and withdrawals
Cons
- Lack of regulation from top-tier financial authorities
- Customer support quality may vary depending on the region
- No proprietary trading platform available
About XTB
XTB is a reputable Forex and CFD broker renowned for its user-friendly trading platforms, extensive range of financial instruments, and strong regulatory standing. Established in 2002, XTB has grown to serve clients in numerous countries, offering access to major and minor currency pairs, commodities, indices, and cryptocurrencies. The broker is particularly appreciated for its proprietary xStation platform, which provides advanced charting tools, real-time data, and customizable features tailored to both novice and experienced traders. Additionally, XTB emphasizes education and support, offering a wealth of resources such as webinars, tutorials, and market analysis to help traders make informed decisions. With competitive spreads, transparent pricing, and reliable customer service, XTB stands out as a solid choice for those looking to engage in Forex and CFD trading.
Pros
- Regulated by top-tier financial authorities
- Provides access to Forex, commodities, indices, and cryptocurrencies
- Provides responsive and multilingual support
- Easy-to-navigate platform design
Cons
- Some countries face access limitations
- Certain withdrawal methods may incur additional costs
- xStation offers fewer customization options than some competitors
Alpari & XTB Regulation
| Feature | Alpari | XTB |
|---|---|---|
Companies | Alpari (Comoros) Ltd, Alpari Eurasia LLC | XTB International Limited, XTB S.A., XTB Limited, XTB Sucursal, XTB MENA Limited, XTB S.A. German Branch |
Countries | Comoros, Belarus | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
Regulators | MISA, NBRB | BFSC, KNF, AMF, ACPR, FCA, CNMV, DFSA, BaFin |
Investor Protection | Financialcommission.org | UK Financial Services Compensation Scheme (FSCS) |
Investor Protection Size | €20 000 | £85 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alpari | XTB |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $50 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Instant |
| Min Spread | 0.3 | 0.5 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 20% | 30% |
| Margin Call | 50% | 100% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $300 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $5 per 1 lot | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Fix-Contracts | — |
| Minimum Deposit | $50 | — |
| Option Types | Call/Put, Touch, Range, Spread, Turbo, Express | — |
| Minimum Stake | $1 | — |
| Payout | from 40% to 95% | — |
| Expiration Time | from 5 seconds to 1 day | — |
Funding and Fees
| Feature | Alpari | XTB |
|---|---|---|
Base currencies | USD, EUR | USD |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, PaySafeCard |
Inactivity fee | $5 per month after 6 months | $10 per month after 12 months |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Alpari | XTB |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | xStation |
Execution Speed | 0.1 ms | 0 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | average |
Trading Assets
| Asset | Alpari | XTB |
|---|---|---|
Currencies | 46 | 57 |
Indices | 12 | 35 |
Stocks | 631 | 1997 |
Cryptocurrencies | 9 | 41 |
Bonds | 0 | 3 |
Metals | 2 | 9 |
Energies | 3 | 5 |
Soft Commodities | 0 | 10 |
ETFs | 0 | 177 |
Education and Analytics
| Feature | Alpari | XTB |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alpari | XTB |
|---|---|---|
Email | support@alpari.im | sales_int@xtb.com |
Phone | +44 2045 771951 | +35725725356 |
Facebook | — | |
YouTube | YouTube | — |
Instagram | — |
Which Broker is Better?
After comparing Alpari and XTB, XTB comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.