Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: Alpari Microvs FP Markets Raw

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

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ACCOUNT OVERVIEW

What Makes Alpari Micro Different from FP Markets Raw?

Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.

Alpari Micro

The Alpari Micro account has the lowest deposit requirement among the Alpari accounts recorded by Broker Alarab and is categorized for beginners and strategy testing. According to our data, spreads range from 1.7–2.2 pips with a recorded average of 1.9 pips, the separate commission is $0, the minimum deposit is $30 and orders use Market Execution. The account therefore prioritizes accessibility rather than offering the tightest Alpari spreads.

FP Markets Raw

The FP Markets Raw account is the broker’s low-spread option and is categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution. Raw differs from Standard primarily in how trading costs are divided between spreads and commission.

SIDE-BY-SIDE COMPARISON

Compare Trading Accounts, Spreads, Commissions and Platforms

Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.

Alpari
Micro
FP Markets
Raw

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

Alpari
Alpari
FP Markets
FP Markets

Account Name

Alpari
Micro
FP Markets
Raw

Account Type

Alpari
cent
FP Markets
raw

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

Alpari
MISA
FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

Alpari
1.7 – 2.2
FP Markets
0.0 - 0.3

Minimum Recorded Spread

Based on the available account information.

Alpari
1.7
FP Markets
0

Average Recorded Spread

Alpari
1.9
FP Markets
0.1

Advertised Commission

Alpari
$0
FP Markets
Not specified

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

Alpari
$30
FP Markets
$100

Order Execution Method

Alpari
Market Execution
FP Markets
Market Execution

Trading Platforms

Available platforms may differ by account type.

Alpari
MT4 | MT5
FP Markets
MT4 | MT5 | cTrader | TradingView

04 — Account Features and Conditions

Review relevant account characteristics and trading suitability.

Scalping Suitability

An internal classification, not a guarantee of suitability.

Alpari
Not classified in this category
FP Markets
Classified as suitable for scalping

05 — Broker Information and Regulation

Broker-level information does not guarantee that every license applies to the selected account.

Listed Regulatory Licenses

Alpari
MISA
FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

Alpari
1:3000
FP Markets
1:500

Open a Trading Account

Alpari
Open Account ↗
FP Markets
Open Account ↗

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

EXPERT ANALYSIS

Broker Alarab's Assessment of Both Accounts

We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

Alpari logo

Alpari

Micro

FP Markets logo

FP Markets

Raw

Broker Alarab's Assessment

We see Alpari Micro as serving a specific purpose: lowering the entry threshold to $30 while providing a no-separate-commission structure for beginners or users testing strategies with a smaller account. The trade-off is a recorded 1.7–2.2 pip spread range averaging 1.9 pips, wider than the other Alpari accounts in our data. Its main value is therefore accessibility rather than minimum trading cost.

Broker Alarab's Assessment

We see FP Markets Raw as particularly relevant to traders prioritizing tight spreads, with its listed 0.0–0.3 pip range and 0.1-pip recorded average. However, the $6 per-lot commission is an essential cost component and should not be ignored. Evaluating Raw, especially against Standard, should therefore focus on expected total cost and trading volume rather than the spread figure alone.

Account Advantages

  • ✓Lowest minimum deposit among our recorded Alpari accounts at $30
  • ✓No separate trading commission according to Broker Alarab data
  • ✓Categorized for beginners and strategy testing
  • ✓Straightforward pricing based primarily on the spread
  • ✓Lower entry requirement than Standard, ECN and Pro ECN

Account Advantages

  • ✓Listed spreads range from 0.0–0.3 pips according to Broker Alarab data
  • ✓Recorded average spread is 0.1 pip
  • ✓Tighter listed spread range than the Standard account
  • ✓Categorized for scalpers and active traders
  • ✓The $100 minimum deposit is the same as Standard

Disadvantages and Considerations

  • !Widest recorded spread range among the four Alpari accounts in our data
  • !Recorded average spread is relatively higher at 1.9 pips
  • !No separate commission does not mean trading is cost-free
  • !More active traders should compare the spread impact with higher-tier Alpari accounts

Disadvantages and Considerations

  • !A $6 per-lot trading commission applies according to our data
  • !A spread starting at 0.0 does not mean trading cost is zero
  • !Higher total trading volume increases the cumulative impact of commission
  • !Traders should compare both spread and commission with Standard rather than relying on the minimum spread alone

Who Is This Account Suitable For?

  • •Beginners according to Broker Alarab account categorization
  • •Users testing strategies with a lower deposit requirement
  • •Traders searching for an Alpari account starting from $30
  • •Users who prefer not to pay a separate trading commission

Who Is This Account Suitable For?

  • •Scalpers according to Broker Alarab account categorization
  • •Active traders who prioritize tight spreads
  • •Users who prefer a pricing model that separates commission from the spread
  • •Traders comparing Raw with Standard who can evaluate total cost based on their trading volume

Detailed Account Analysis

Why Is Alpari Micro the Lowest-Entry Account?

The minimum deposit recorded by Broker Alarab for Micro is $30, compared with $100 for Standard, $300 for ECN and $500 for Pro ECN. Its main distinction is therefore the lower entry threshold. That does not make it the cheapest account to trade because its recorded 1.7–2.2 pip spread range is the widest among the four accounts.

Alpari Micro vs Standard: Does a Lower Deposit Mean a Better Account?

Micro requires only $30 while Standard requires $100. Standard, however, has recorded spreads of 1.2–1.7 pips compared with 1.7–2.2 pips on Micro. Both have a recorded $0 separate commission and Market Execution. The choice therefore involves balancing entry requirements against spread costs rather than comparing deposit amounts alone.

Is Alpari Micro Suitable for Strategy Testing?

Broker Alarab categorizes Micro for beginners and strategy testing, while its $30 minimum deposit gives it the lowest capital requirement in our data. Strategy testing should still account for the recorded 1.9-pip average spread because trading costs can materially affect strategies that generate a larger number of transactions.

Detailed Account Analysis

Does the FP Markets Raw Spread Start From 0.0 Pips?

Yes. The recorded minimum spread for FP Markets Raw is 0.0 pips, while the full listed range is 0.0–0.3 pips and the recorded average is 0.1 pip according to Broker Alarab data. The 0.0 figure does not mean trading is cost-free, however, because the account carries a $6 per-lot commission. Spread figures should therefore be read together with commission when evaluating costs.

FP Markets Raw vs Standard: Tighter Spreads or No Commission?

Raw and Standard use different pricing models. Raw has listed spreads of 0.0–0.3 pips with a $6 per-lot commission, while Standard has 1.0–1.5 pip spreads without a separate commission. Both accounts have a $100 minimum deposit. The comparison therefore centers on whether tighter spreads plus commission are more suitable for the trader’s expected volume and frequency than wider spreads without a separate commission.

Why Does Trading Volume Matter for FP Markets Raw Commission?

The recorded Raw commission is $6 per lot, making total traded lots an important factor when estimating costs. As cumulative trading volume increases, the commission component has a larger impact on total transaction costs. This is particularly relevant because the account is categorized for scalpers and active traders, trading styles that may involve greater transaction frequency than less active approaches.

Important details about the Alpari Micro account

$30 is the recorded minimum deposit

This is the lowest deposit requirement among the four Alpari accounts in Broker Alarab data, but it is not a recommendation that $30 represents suitable trading capital.

Recorded spreads range from 1.7–2.2 pips

The recorded average is 1.9 pips, so both the range and average should be considered rather than focusing only on the 1.7-pip minimum.

The separate commission is $0

No separate commission does not mean there is no trading cost because the spread remains the primary recorded cost component.

Important details about the FP Markets Raw account

Commission is $6 per lot

This commission is a core component of the Raw pricing model according to Broker Alarab data and should be evaluated alongside the spread when comparing Raw with Standard.

0.0 pips is the start of the spread range, not zero cost

The listed spread ranges from 0.0–0.3 pips with a 0.1-pip recorded average, but the separate commission means trading cost is not zero even when the spread reaches 0.0.

The minimum deposit is $100

Raw and Standard have the same recorded $100 minimum deposit. This figure represents an account requirement rather than a recommendation for appropriate trading capital.

Read the Full Account Review →
Read the Full Account Review →
DECISION GUIDE

How to Choose the Right Trading Account

Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.

01

Compare Spreads and Commissions Together

The recorded spread for Alpari Micro is 1.7 – 2.2, while FP Markets Raw shows 0.0 - 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.

02

Review Minimum Deposit Requirements

The recorded minimum deposit for Alpari Micro is $30, compared with $100 for FP Markets Raw. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.

03

Compare Trading Platforms and Execution

Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.

04

Verify Regulation and Eligibility

Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.

FREQUENTLY ASKED QUESTIONS

FAQs About Alpari Micro vs FP Markets Raw

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between Alpari Micro and FP Markets Raw?+
The recorded spread for Alpari Micro is 1.7 – 2.2, compared with 0.0 - 0.3 for FP Markets Raw. The advertised commissions are $0 and Not specified, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the Alpari Micro account?+
Alpari Micro has the lowest deposit requirement among the Alpari accounts recorded by Broker Alarab and is categorized for beginners and strategy testing. Recorded spreads range from 1.7–2.2 pips with a 1.9-pip average, the separate commission is $0, the minimum deposit is $30 and orders use Market Execution.
What is the Alpari Micro minimum deposit?+
The recorded minimum deposit for Alpari Micro is $30, below the $100 required for Standard, $300 for ECN and $500 for Pro ECN. The figure represents an account requirement rather than a recommendation for suitable trading capital.
What are the Alpari Micro spread and commission?+
Recorded spreads range from 1.7–2.2 pips with a 1.9-pip average, while the separate commission is $0. The recorded pricing structure therefore relies primarily on the spread, and no separate commission should not be interpreted as cost-free trading.
What is the difference between Alpari Micro and Standard?+
Micro requires a $30 minimum deposit and has recorded spreads of 1.7–2.2 pips. Standard requires $100 and has recorded spreads of 1.2–1.7 pips. Both have no separate trading commission according to Broker Alarab data and use Market Execution.
What is the FP Markets Raw account?+
FP Markets Raw is a low-spread account categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution.
What is the FP Markets Raw spread?+
The spread recorded for FP Markets Raw ranges from 0.0–0.3 pips, while the recorded average spread is 0.1 pip according to Broker Alarab data. A spread reaching 0.0 does not mean cost-free trading because the account also carries a $6 per-lot commission.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.

View Alpari Micro →View FP Markets Raw →
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