B
alpari logo

alpari

7.6/10
Etrade logo

Etrade

7.1/10
10/10WinnerRegulation5/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

alpari was founded in 2015 and is headquartered in New Zealand, while Etrade was established in 2012 and is based in United States. alpari holds licences including Financial Conduct Authority (FCA), while Etrade is regulated by Securities and Exchange Commission (SEC) among others. alpari serves 10,000+ clients worldwide; Etrade has 10,000+. The minimum deposit is $250 at alpari and $100 at Etrade.

alpari wins this category
FeaturealpariEtrade
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-F222Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Founded20152012
CountryNew ZealandUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between alpari and Etrade, directly affecting your bottom line as a trader. Etrade has a lower barrier to entry with a minimum deposit of $100 (vs $250 at alpari). alpari charges withdrawal fees while Etrade does not, a notable advantage for frequent withdrawers. alpari charges deposit fees; Etrade does not. Overall, Etrade scores higher on fees in our assessment.

Etrade wins this category
FeaturealpariEtrade
Min. Deposit$250$100
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeaturealpariEtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appscTrader, SocialTrading, webPlatform, DesktopPlatform, Proprietary .

Education & Research

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

Etrade wins this category
FeaturealpariEtrade
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 Etrade 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
FeaturealpariEtrade
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 Etrade offer live chat support. Both provide phone support. Email support is available at both brokers. alpari supports 8 languages and Etrade supports 2, giving alpari broader global reach. Both brokers are comparable on support quality.

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