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Alpari UK reviews

Average: 1.9 based on 21 reviews
Alpari UK

Alpari UK Limited Forex broker reviews

The broker is out of business since January 2015

  • Website: www.alpari.co.uk
  • Year since: 2004
  • Headquarters: London, United Kingdom
  • Company registration: Alpari (UK) Ltd.
  • Regulation: FSA UK (reg #448002)
  • Notes: The Alpari Group was established in Russia, where it is a founding member of the Financial Regulations Agency (KROUFR).

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Rating interpetation

UK, David M.

February 27, 2015

1 year Total
1 year LIVE with this Broker

I did not have a open position during CHF shock but unfortunately my partner made a trade (short on EURUSD) with profit, which cannot be withdrawn.
If you have money with Alpari UK you are insured up to GBP 50,000 or USD 50,000. If you had more money than that, then it will take a while to see your money back, possibly months.
The lesson: retail FX is a high risk speculative market and not suitable for all investors. Be aware of the risks and only invest with the amount you can afford to lose.

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January 30, 2014

3 Total
1-2 years with this Broker

NOT Recommended ... stay away from Alpari UK .This morning they had 2470 pips drop on GBP/USD and it was fake .No other broker had this drop . All they saying it that we are investigating it . Well , 2 days ago they had the same thing happened to EUR/JPY on NZ platform .

And here is the screenshot date is 30.01.2014

alpari spike

Do not use this broker ,ever.

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September 20, 2013

5 years Total
1 year with this Broker

Good Broker. I hate their support

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UK, Joy

July 10, 2013

6 years Total
1 year with this Broker

This company robs small traders money by giving a big irregular spread which you don't even notice! Also they are good at nothing by re-quote or not quote at all, especially there is a news events. If you wish to loss thousands a day, trade with them or otherwise stay away. I curse this company from 2nd week of my account open until today. Just because I have open trade, otherwise I left them long ago.

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United Kingdom, Thomas

July 9, 2012

5 years Total
3 years with this Broker

Alpari UK Standard and Micro accounts trade against you! They say that they are NDD but have been caught using the famous Virtual Trader Plugin from Boston Technologies. This plugin causes massive requotes, delays, slippage, spikes, etc.. If you start to win they turn up the heat on the plugin settings! (more info from 4xTrader.net)

Their only good account is the Pro account where you must deposit 20 000 dollars and trade 3 lots minimum. The other positive things are fast deposits, withdrawals (if you have any money left), fast transfers. But these don't matter if the odds are against you!

Stay away from Alpari UK unless they start providing STP/ECN accounts.

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UK, Otto B

May 8, 2012

1 year Total
NONE with this Broker

For you who are considering the slippage and re-quotes complains about Alpari. Please consider LaununFX reply 2012-01-02 on http://www.forexpeacearmy.com/public/review/www.alpari.co.uk

......"Since implementation of 5th decimal system by Alpari, I noticed that many traders here complaining about "re-quotes" and hard to get the ordered price: Please guys, this is the an point system broker (0.1pip per tick or 5 decimal system), when placing order, please tick the "enable the maximum deviation for quoted price" checkbox and set it above 10, bear in mind here that this maximum deviation here is in point system (0.1 pip) although the wording there says "pips" (maybe from the older 4th decimal system), so if you set 10, the max deviation is just only 1pip. So in order to prevent the re-quotes, especially during volatile hours, please set the max deviation between 10 to 40 points (1 to 4 pips).
Note: Alpari seriously need to correct the deviation system there, either auto convert the pips value to point or just change the "pips" wording there to avoid confusion to traders (hence will keep writing you the bad reviews for keeps re-quoting)"....

The rating I given is same as he's. I am not anyway affiliated with Alpari. I just find LanunFX review very informative.

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belgium, fred

May 2, 2012

9 years Total
6 months with this Broker

This is one of the worst crap brookers i've had, closed my account, stay away !!!

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April 30, 2012

4 years Total
1 year live with this Broker

Don't use them. Hunting Sl, very slow on Tp, randomly closes winning positions. Scammers all the way.

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Uk kb_philjones

March 15, 2012

4 yrs Total
2.5yrs with this Broker

Very suspicious activity on some trades - I gather the info together from other sites to compare what Alpari are doing and it's all very odd. Would not recommend if you have strategies to employ.

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UK - Wisetrader

November 23, 2011

20 years Total
1 week live with this Broker

They recently launched a UK spreadbetting service on MT4 - I had the usual assurances and promises of no re-quotes and great execution etc. I was trading as low as £10 per point and every trade was re-quoted always with the price moving in their favour. Furthermore if the market price goes within a point of your stop they will take you out and claim that the market traded at that point, however if you are looking to take profit the rules are different and again always in their favour. I would keep well away from Alpari.co.uk and find yourself a more reputable broker.

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Lsc, SG

August 26, 2011

2 months live +2 months demo Total
1month with this Broker

I am not happy with Alpari UK as they just automatically closed by margin call my account last Aug 11,2011 and when i woke up it was due to a sudden spike and the market has reversed to a profitable situation.... all my month's effort, time and money was all gone and i stare at the computer in shock... I called their support and they are not willing to help out or compensate in anyway thru exception even if my position will be profitable again...There's a lot of slippage and requotes too... I am in search of a new better broker... scared to go back to them again...

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UAE, Nick

August 19, 2011

4 years Total
1 year with this Broker

I do not recommend this company!!!!!!!!!!!!!!
1) They do not have 24 hours customer service
2) Customer service very slaw and sometimes they do not reply to your questions
3) for example when you open the order and after you decide to made a take profit to protect yourself, they can close your order even the price did not reach that level.
4) sometimes terminal not responding. mean you can not open, close the order at all.

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fx trader

February 15, 2011

2 years Total
7 months with this Broker

if you want to lose money go to Alpari...

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Malaysia, John Z

December 8, 2010

one year Total
10 months DEMO, 3 months LIVE with this Broker

Though I have been trading a live account with them, I still maintain a few demo accounts for
system testing.

Since last month my demo accounts with them have been de-activated without warning, logins
of the newly opened ones were also 'invalidated' one by one. They could not rectify yet gave
unacceptable reasons. The live account was not affected but this is really frustrating.

I joined their 'Trading Contest' from Nov 6 supposed to end on Friday Dec 10, but the Contest
Demo Account together with all my other demo accounts got de-activated again today Dec 8,
3 days before the contest ends.

I suspect that this broker is up to something recently. This may be a sign of trouble to come.
I think I'll close my live account with them and not to trade with them any more.

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November 15, 2010

years Total
1 Month and no longer counting with this Broker

I woke up thi morning to see that my chart had not filled in for the Tokyo session. I thought it was a Mettradr clitch until I opened my other account with another broker through metatrader and it was fine. Information was hours off and incorrect. I could TP because the candles were lagging by a few hours. I will not be doing any further business with this company.

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