BrokAIr Reviews

Alpari Group Review

Alpari Group is one of the most controversial online brokerages due to their complicated withdrawal process and lack of transparency. How can Alpari Group continue to operate without providing trustworthy service to their customers?

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The Alpari Group is an international online broker founded by three entrepreneurs in 1998. The company headquarters are located in London, United Kingdom and it offers services to clients in more than 150 countries around the world. Alpari Group has grown to become one of the leading online brokers in the world with over 1.5 million registered accounts and $1.3 billion worth of client funds.

The list of services offered by Alpari Group includes forex trading, CFD trading, spread betting, binary options, and investment services. The company also offers a range of educational resources to help its customers better understand the markets and make informed decisions. Alpari Group operates under a number of regulatory authorities including the Financial Conduct Authority (FCA), The Cyprus Securities and Exchange Commission (CySEC), and the International Financial Services Commission (IFSC).

Alpari Group has been widely praised for its customer service, user-friendly trading platform, and competitive spreads. However, some customers have complained about the lack of transparency when it comes to fees and charges. In addition, there have been several newsworthy events surrounding Alpari Group in recent years. In 2015, Alpari UK went into insolvency due to losses from the Swiss franc’s appreciation against the euro. In 2017, Alpari Russia was fined by the Central Bank of Russia for failing to comply with anti-money laundering laws.

Overall, Alpari Group is a well-established online broker with a wide range of services and a good reputation among traders. It offers competitive spreads and a range of educational resources for customers to make informed decisions. However, customers should be aware of the potential fees and charges when opening an account with Alpari Group.