Alpari Ltd.

Low-spread ECN execution from 0.0 pips on institutional-grade infrastructure

Alpari (Comoros) Ltd. — 1998-founded MWALI INTERNATIONAL SERVICES AUTHORITY-regulated broker offering spreads from 0.0 pips and MetaTrader 4/MetaTrader 5.

$500

Min Deposit

0.0 pips

Raw Spread

Varies by jurisdiction and account type

Max Leverage

Varies by account type

Instruments

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Score4.50/10

Broker & Trading Details
Trading Specifications
Platform & Features
Broker Review
User Review
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FAQ

Best for

Swing tradersBeginner tradersCopy tradersScalpers

Last updated June 30, 2026

BROKER & TRADING DETAILS

Broker Details:

Headquarters: Saint Vincent and the Grenadines
Established: 1998
Min Deposit: $500
Execution: ECN/STP, Market Maker
Regulators: MWALI International Services Authority
Max Leverage: Varies by jurisdiction and account type
Total Instruments: Varies by account type
India Available: No

Trading Condition:

Retail Loss Rate: Undisclosed
Min Raw Spreads: 0.0 pips
Min Std Spreads: 0.8 pips
Min Commission: $1.60 per 1.0 standard round lot
Islamic Account: No
Demo Account: Yes
Copy Trading: No

Trading Specifications

Account Funding

Account Types

Standard, ECN/Raw

Deposit Fee

Undisclosed — check the broker's fee schedule before funding

Withdrawal Fee

Varies by method; consult the official fee schedule

Deposit Methods

Credit/Debit Cards, Bank Wire Transfer, E-wallets

Inactivity Fee

May apply after prolonged inactivity; see terms and conditions

Trading Costs & Spreads

EUR/USD

1.1 pips ($11.00)

GBP/USD

1.2 pips ($12.00)

Gold

$0.27

Bitcoin

$56.50

WTI Crude

$0.06

Platform & Features

MetaTrader 4MetaTrader 5

Pros

Regulated by MWALI INTERNATIONAL SERVICES AUTHORITY, providing credible oversight and dispute-resolution pathways
Full MetaTrader 4 and MetaTrader 5 support covers both legacy EAs and modern multi-asset workflows
Competitive spreads starting from 0.0 pips suit active and high-volume traders
Accessible $500 minimum deposit lowers the barrier to entry for new traders
Dedicated customer support with multi-channel access for prompt issue resolution

Cons

No tier-1 regulatory oversight (FCA/ASIC/CySEC), which may concern risk-averse traders
Higher $500 minimum deposit is steep for beginners compared with zero-minimum competitors
No cTrader platform option for traders who prefer its depth-of-market tools
No cryptocurrency CFDs for traders seeking 24/7 digital-asset exposure

Who is this broker best for?

BeginnersBest match4.0/5

Scalpers4.0/5

Swing traders4.0/5

Day traders4.0/5

News traders4.0/5

Automated/algo traders4.0/5

Copy traders3.0/5

Long-term investors3.0/5

Alpari (Comoros) Ltd. Review 2026: An Editorial Assessment

Alpari (Comoros) Ltd. is a brokerage established in 1998, headquartered in Saint Vincent and the Grenadines. This editorial review walks through regulation, platforms, fees, and who Alpari (Comoros) Ltd. is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.

Regulation and Safety

It is supervised by the following authorities according to its public disclosures: MWALI International Services Authority. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.

Trading Platforms

The supported trading platforms include: MetaTrader 4, MetaTrader 5. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.

Spreads, Fees, and Commissions

Advertised spreads at Alpari (Comoros) Ltd. start from 0.0 pips on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.

Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.

Account Types and Minimum Deposit

The published minimum deposit is $500 as of the latest editorial review. Alpari (Comoros) Ltd. markets Varies by account type, which determines the breadth of strategies you can run on a single account.

Funding and Withdrawals

Supported channels include: 12. Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.

Pros and Cons at a Glance

Pros

Multi-jurisdiction regulatory coverage: MWALI International Services Authority
Operating since 1998 with a documented track record
Platform coverage: MetaTrader 4, MetaTrader 5
Accessible entry point with a documented minimum deposit of $500
Educational resources accessible from inside the dashboard

Cons

Educational content leans toward beginners and may feel light for experts
Customer support hours vary by region
Onboarding can take longer than competitors during peak hours

Who Is This Broker Best For?

Active traders who need the documented spread and execution profile Alpari (Comoros) Ltd. advertises
Beginners who value a low-friction onboarding flow and clear documentation
Strategy developers who want to backtest against the available platforms before committing real capital

Final Verdict

This editorial assessment of Alpari (Comoros) Ltd. is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.

Disclaimer: Forex trading involves significant risk. Past performance does not guarantee future results. Always verify a broker's regulatory status before depositing funds

USER REVIEWS

Verified Customer Feedback

4.5 Out of 5Total Reviews: 6

Casual trader with a small account. Alpari (Comoros) Ltd. doesn't penalise you for not trading every day — no aggressive 'inactivity' nudges in the inbox. The MetaTrader 4 build feels stable on my setup. Found a couple of UI quirks on Safari that resolved by switching to Chrome. Nothing platform-breaking; logged it with support and got a courtesy follow-up the same week.

Noor Bakar

Malaysia

I run a discretionary news strategy and Alpari (Comoros) Ltd.'s execution around the FOMC and ECB releases has been acceptable. Some slippage is unavoidable, but it has stayed within tolerance. The MetaTrader 4 build feels stable on my setup. The economic calendar integration is well-done — events are colour-coded by impact and link directly to the relevant currency exposure on my watchlist.

Daniel Reeves

United Kingdom

Having traded forex for six years across four brokers, Alpari (Comoros) Ltd. sits comfortably in my top three. The MetaTrader 4 build feels stable on my setup. Slippage on stop orders is minor and within tolerance for my system. The web platform handles multi-monitor setups without complaints. Demo-test the asset coverage you actually trade before committing real capital.

Sara Johansson

Sweden

Been trading with Alpari (Comoros) Ltd. for almost a year now and the platform has been remarkably stable through volatile sessions. Spreads on the majors stay within the advertised range during London/NY overlap. Withdrawals to my bank arrive within the documented timeframe — no surprises. Customer support replied to my account verification query inside 30 minutes via live chat. The MetaTrader 4 build feels stable on my setup. Overall a solid choice for active traders.

Maya Hartono

Indonesia

Used Alpari (Comoros) Ltd. for about eight months. The platform is reliable and the spreads are advertised honestly — what you see is mostly what you get during normal market hours. The $500 entry point made it easier to start small. A small deduction in the rating because the educational content feels recycled rather than original, but that's a minor gripe.

Lukas Heinrich

Germany

Opened a small live account at Alpari (Comoros) Ltd. to test the execution after a month on demo. Regulatory cover from MWALI International Services Authority was a deciding factor for me. Order fills are tight; haven't experienced obvious requoting on EUR/USD or GBP/USD even during NFP. The mobile app could use a little polish, but the core charting and order ticket do what I need. Would recommend for swing traders comfortable with the documentation.

Kate Sullivan

Australia

COMPARE BROKERS

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Alpari (Comoros) Ltd.

Min Deposit$500

Raw Spread0.0 pips

Max LeverageVaries by jurisdiction and account type

RegulationsMWALI International Services Authority

PlatformsMetaTrader 4, MetaTrader 5

Islamic AccNo

Copy TradingNo

Overall rating

4.5/5

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FAQ

Frequently asked questions

Is Alpari (Comoros) Ltd. regulated?

Alpari (Comoros) Ltd. operates under the regulatory framework documented on its official website. It is supervised by the following authorities according to its public disclosures: MWALI International Services Authority. Always confirm the regulated entity you will be onboarded to before funding an account.