alpari
Spreadex
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Overview
alpari was founded in 2015 and is headquartered in New Zealand, while Spreadex was established in 1999 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. alpari serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $250 at alpari and $0 at Spreadex.
| Feature | alpari | Spreadex |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Financial 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-F222 | Financial Conduct Authority (FCA), registration number 190941 |
| Founded | 2015 | 1999 |
| Country | New Zealand | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between alpari and Spreadex, directly affecting your bottom line as a trader. Spreadex has a lower barrier to entry with a minimum deposit of $0 (vs $250 at alpari). alpari charges withdrawal fees while Spreadex does not, a notable advantage for frequent withdrawers. alpari charges deposit fees; Spreadex does not. Overall, Spreadex scores higher on fees in our assessment.
| Feature | alpari | Spreadex |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
alpari offers MT4, MT5, cTrader, while Spreadex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Spreadex supports social and copy trading features, which alpari does not offer. The two brokers are closely matched on platform offering.
| Feature | alpari | Spreadex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how alpari and Spreadex compare. Spreadex runs regular live webinars; alpari does not. Both provide video tutorials. Spreadex publishes daily market commentary; alpari does not. Both integrate third-party research tools. Spreadex maintains an archive of past webinars for on-demand viewing. Spreadex scores higher overall in education and research.
| Feature | alpari | Spreadex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 Spreadex supports 3 (bank transfer, credit/debit card, Skrill). alpari uniquely supports PayPal and Neteller among the two brokers. alpari scores higher on deposit and withdrawal flexibility.
| Feature | alpari | Spreadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both alpari and Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. alpari supports 8 languages and Spreadex supports 1, giving alpari broader global reach. Both brokers are comparable on support quality.
| Feature | alpari | Spreadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |