Broker Alarab
Broker Comparison

ActivTrades vs Alpari: Which Broker Is Better?

Compare ActivTrades and Alpari across fees, spreads, regulation, account types, trading platforms and overall suitability for different trading needs.

Best Overall
ActivTrades
Overall Rating
Best for Beginners
Both are suitable
Costs and Execution
ActivTrades
Direct Comparison

ActivTrades vs Alpari

VS
ActivTrades logo

ActivTrades

4.45out of 5
Best Suited For

Strong regulation

Alpari logo

Alpari

4.03out of 5
Best Suited For

High leverage

Broker Alarab View
Our View on ActivTrades

ActivTrades is a strong option for traders who prioritise client protection, regulatory oversight and broker stability, with access to ActivTrader, MT4 and MT5.

It is better suited to cautious and intermediate traders, although spreads and overall trading costs may not be ideal for frequent scalping, so daily trading expenses should be compared carefully.

Our View on Alpari

Alpari is more relevant to experienced traders interested in ECN and Pro ECN accounts, PAMM services and flexible forex trading through MT4 and MT5.

Its account range and leverage may appeal to active traders, but beginners should carefully review the available entity, licence coverage, client-money protection and overall risk before opening an account.

Score Analysis

Strength Comparison

Compare ActivTrades and Alpari across the main factors traders consider when choosing a broker.

Comparison Factor
ActivTrades
Alpari

Safety & Trust

4.75
3.80

Fees & Costs

4.35
4.15

Trading Platforms

4.50
4.20

Deposits & Withdrawals

4.40
4.15

Customer Support

4.40
3.85

Small score differences do not mean the brokers are identical. Choose according to the factor that matters most to you, such as regulation, trading costs, platforms, withdrawals or customer support.

Accounts & Trading Costs

Compare Accounts and Fees

Compare account types, spreads, commissions and minimum deposits at ActivTrades and Alpari.

Quick Cost Comparison
ActivTrades

ActivTrades shows an advantage in trading costs or spreads based on the available data.

ActivTrades
1
available account
Alpari
4
available accounts
Ease of Entry
Best for Beginners
Both are suitable
Comparison
ActivTrades
Alpari
Main Account
Standard
Micro
Minimum Deposit
$10
$30
Spread
0.8 – 1.2
1.7 – 2.2
Commission
$0
$0
Execution
Market Execution
Market Execution
Account Details

Explore Available Account Types

Open each broker to compare the spread, commission, deposit and execution method for every account.

ActivTrades Accounts

1 available account

Standard

General traders

Details
Spread
0.8 – 1.2
Commission
$0
Deposit
$10
Execution: Market Execution

Alpari Accounts

4 available accounts

Micro

Beginners

Details
Spread
1.7 – 2.2
Commission
$0
Deposit
$30
Execution: Market Execution
Standard

General traders

Details
Spread
1.2 – 1.7
Commission
$0
Deposit
$100
Execution: Market Execution
ECN

General traders

Details
Spread
0.4 – 0.9
Commission
$3 per lot
Deposit
$300
Execution: Market Execution
Pro ECN

General traders

Details
Spread
0.0 – 0.3
Commission
$4 per lot
Deposit
$500
Execution: Market Execution

Do not choose a broker based only on the number of accounts. Compare spreads, commissions, minimum deposits and execution methods before selecting a trading account.

Choose the Broker That Fits Your Trading

Continue after reviewing the available accounts and trading costs.

ActivTrades
Start Now
Alpari
Start Now
Safety & Regulation

Compare Broker Safety

ActivTrades vs Alpari

Compare safety scores, regulators and the legal entity responsible for each trading account.

ActivTrades
4.75
Safety score out of 5
Alpari
3.80
Safety score out of 5
ActivTrades
6 licencesIslamic account
Alpari
1 licenceIslamic account

The number of licences alone is not enough. Verify the legal entity that will hold your account.

ActivTrades logo
Regulatory Profile

ActivTrades Licences

6 registered licences4.75 out of 5

Headquarters
London, UK
Islamic Account
Available

Regulators

6 records
FCAStrong oversight
Financial Conduct Authority
Licence Number
434413
Legal Entity
ActivTrades PLC
United Kingdom
Official Check
BACENModerate oversight
Central Bank of Brazil
Licence Number
غير محدد
Legal Entity
ActivTrades CCTVM
CMVMModerate oversight
Portuguese Securities Market Commission
Licence Number
433
Legal Entity
ActivMarkets - Empresa de Investimento, S.A.
CVMModerate oversight
Brazilian Securities and Exchange Commission
Licence Number
غير محدد
Legal Entity
ActivTrades CCTVM
FSCInternational oversight
Financial Services Commission
Licence Number
غير محدد
Legal Entity
ActivTrades Mauritius Ltd
SCBInternational oversight
Securities Commission of The Bahamas
Licence Number
199667 B
Legal Entity
ActivTrades Corp
Regulation and Fund Protection
Read the full analysis

Regulatory Summary

ActivTrades operates through a regulatory structure that includes ActivTrades PLC, authorised by the UK FCA under licence number 434413, which is one of the group’s strongest regulated entities. The group also has entities or registrations connected to Portugal and Brazil, as well as international companies linked to Mauritius and the Bahamas, allowing it to serve clients in different markets under different legal frameworks.

Client protection depends on the entity under which the trading account is opened. FCA requirements and UK complaint procedures do not automatically apply to accounts opened with an international entity, and traders should distinguish between a full investment-services licence, local registration and regulatory frameworks with different powers.

Before opening an ActivTrades account, traders should confirm the legal company name and licence number shown during registration, then review the applicable client-money protection, compensation and complaints procedures. This is particularly important for traders choosing ActivTrades for its platforms or operating history.

Client Fund Protection at ActivTrades

ActivTrades client fund protection includes holding eligible client money separately from the company’s operating funds under the rules of the legal entity responsible for the account. Negative balance protection is also available where applicable. The broker additionally advertises client-fund insurance of up to GBP 1 million for certain eligible clients, above the basic statutory protection limits.

This additional insurance is not a general guarantee and remains subject to the policy terms, client eligibility, coverage limits and account entity. Traders should verify the legal company serving their account and review the applicable segregation, compensation and insurance conditions before relying on the advertised protection amount.

Alpari logo
Regulatory Profile

Alpari Licences

1 registered licence3.80 out of 5

Headquarters
Fomboni, Comoros
Islamic Account
Available

Regulators

1 record
MISAInternational oversight
Mwali International Services Authority
Licence Number
T2023236
Legal Entity
Alpari (Comoros) Ltd
Regulation and Fund Protection
Read the full analysis

Regulatory Summary

Alpari is currently represented in the available data by Alpari (Comoros) Ltd, authorised by the Mwali International Services Authority in the Comoros under licence number T2023236. Unlike brokers with top-tier entities regulated by the FCA, ASIC or CySEC, the regulatory profile shown here relies on one international licence, which is an important factor when comparing Alpari with other brokers.

Alpari may offer forex accounts and trading conditions that appeal to active traders, including options associated with ECN-style trading. However, flexible trading conditions do not remove the difference in regulatory strength, and complaint procedures, supervision and investor protection under MISA may be less extensive than those provided by major regulators.

Before opening an Alpari account or transferring a significant amount, traders should verify the licence number and the name of Alpari (Comoros) Ltd in the official register. This broker may suit traders who understand the risks of dealing with an international entity, but it may not be suitable for those who require top-tier regulation.

Client Fund Protection at Alpari

Alpari states in its account terms that client funds are separated from company operating funds and that negative balance protection may apply under the relevant agreement. However, the entity shown in our regulatory data is Alpari (Comoros) Ltd, which is regulated by MISA in the Comoros. These contractual safeguards should not be treated as equivalent to investor compensation schemes available under certain top-tier regulators.

Before depositing or maintaining a large trading balance, traders should review the legal entity, client-money arrangements, withdrawal rules and complaint process. The applicable level of protection depends on the account agreement and the company responsible for holding the client’s funds.

Before depositing, match the legal entity and licence number in your client agreement with the regulator’s official register.

Comparison Summary

Which Broker Fits You?

Choose based on your priorities, not the overall rating alone.

Overall Result
ActivTrades

ActivTrades has the higher overall rating, but review why each broker may suit you before deciding.

Easier Start
Both are suitable
Fees & Costs
ActivTrades
ActivTrades logo
Best Choice by Overall Rating

ActivTrades

4.45
out of 5
Choose This Broker If You Want

Strong regulatory protection with established trading platforms

BeginnersProfessional traders
Important

Actual trading costs may vary by spread, account type and regulatory entity

Alpari logo
Alternative Choice by Priority

Alpari

4.03
out of 5
Choose This Broker If You Want

ECN accounts and PAMM options for experienced traders

Low-deposit tradersHigh-leverage traders
Important

Traders should verify the legal entity and regulatory licence before registering

Final Decision
Broker Alarab View

ActivTrades is a strong option for traders who prioritise client protection, regulatory oversight and broker stability, with access to ActivTrader, MT4 and MT5.

Check the account conditions, fees and regulatory entity available in your country before registering.

Frequently Asked Questions

Questions About ActivTrades and Alpari

Important answers before opening an account or choosing the more suitable broker.

ActivTrades
Alpari

Questions About ActivTrades

3 questions

How competitive are ActivTrades spreads compared to other brokers?

ActivTrades offers spreads typically between 0.8 to 1.2 pips on its Standard account, which is competitive but not the lowest compared to raw spread brokers. However, the absence of commissions makes it attractive for simple trading strategies.

Does ActivTrades charge commissions or is everything included in the spread?

ActivTrades uses a spread-only pricing model for most accounts, meaning there are no separate commissions. All trading costs are built into the spread, making pricing simpler for traders.

What makes ActivTrades different from ECN brokers?

Unlike ECN brokers that offer ultra-low spreads with commissions, ActivTrades provides a simpler model with no commissions and slightly higher spreads, making it more suitable for traders who prefer predictable costs.

Questions About Alpari

3 questions

Is Alpari a regulated broker and how safe is it?

Alpari is registered in Mwali and regulated by the Mwali International Services Authority (MISA), which is considered an offshore regulator. It is not regulated by top-tier authorities like FCA or ASIC, which means lower investor protection compared to major brokers.

What happened to Alpari in 2015 and why is it important?

Alpari UK went into insolvency in 2015 after the Swiss franc crisis, leading to the closure of its regulated UK entity. The current Alpari operates under a different offshore structure.

What is the minimum deposit required to start trading with Alpari?

Alpari allows traders to start from around $30 on Micro accounts, while higher-tier accounts such as ECN and Pro ECN require deposits starting from $300 to $500.

Conditions may vary by country and regulatory entity. Review the account details before registering.