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alpari logo

alpari

7.6/10

CFI Markets

7.4/10
10/10RegulationTied10/10
0/10FeesWinner2/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

alpari was founded in 2015 and is headquartered in New Zealand, while CFI Markets was established in 2012 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. alpari serves 10,000+ clients worldwide; CFI Markets has 10,000+. The minimum deposit is $250 at alpari and $100 at CFI Markets.

alpari wins this category
FeaturealpariCFI Markets
Min. Deposit$250$100
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F222Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
Founded20152012
CountryNew ZealandCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between alpari and CFI Markets, directly affecting your bottom line as a trader. CFI Markets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at alpari). Both brokers charge withdrawal fees. CFI Markets applies inactivity fees on dormant accounts; alpari does not. alpari charges deposit fees; CFI Markets does not. Overall, CFI Markets scores higher on fees in our assessment.

CFI Markets wins this category
FeaturealpariCFI Markets
Min. Deposit$250$100
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

alpari offers MT4, MT5, cTrader, while CFI Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CFI Markets supports social and copy trading features, which alpari does not offer. The two brokers are closely matched on platform offering.

Tied
FeaturealpariCFI Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, Mac, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how alpari and CFI Markets compare. CFI Markets runs regular live webinars; alpari does not. Both provide video tutorials. CFI Markets publishes daily market commentary; alpari does not. Both integrate third-party research tools. CFI Markets maintains an archive of past webinars for on-demand viewing. CFI Markets scores higher overall in education and research.

CFI Markets wins this category
FeaturealpariCFI Markets
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. alpari accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while CFI Markets supports 2 (bank transfer, credit/debit card). alpari uniquely supports PayPal and Skrill and Neteller among the two brokers. alpari scores higher on deposit and withdrawal flexibility.

alpari wins this category
FeaturealpariCFI Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both alpari and CFI Markets offer live chat support. Both provide phone support. Email support is available at both brokers. alpari supports 8 languages and CFI Markets supports 2, giving alpari broader global reach. Both brokers are comparable on support quality.

Tied
FeaturealpariCFI Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese