Alpari
FP Markets
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
In the Alpari vs FP Markets broker comparison, key differences emerge in regulation and trader appeal. Alpari, offering a very low minimum deposit of $5 and high leverage up to 1:1000, is particularly attractive to high-leverage traders and those starting with modest capital, though its offshore regulation may deter risk-averse investors. In contrast, FP Markets, regulated by ASIC, features tighter spreads from 0 pips and offers support for TradingView, appealing more to experienced traders seeking robust regulatory oversight and advanced trading tools. Each broker serves different trader profiles, with Alpari suitable for risk-tolerant individuals and FP Markets catering to those prioritising regulation and platform variety.
Alpari
FP Markets
| Alpari | FP Markets | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.8/5 ✓ |
| Min. Deposit | $5 | $100 ✓ |
| Spread from | 0.4 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | FSA | ASIC, CySEC ✓ |
| Platforms | MT4, MT5 | MT4, MT5, TradingView |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.1/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowAlpari
FP Markets
WinnerAlpari
FP Markets
Alpari
3.1/5
Choose Alpari if you want…
FP Markets
3.8/5
Choose FP Markets if you want…
FP Markets scores higher overall on our independent rating system. Alpari holds a 3.1/5 rating vs FP Markets's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Alpari offers spreads from 0.4 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
Alpari requires a minimum deposit of $5. FP Markets requires $100.
Alpari is regulated by FSA, while FP Markets holds licences from ASIC, CySEC.
Alpari supports MT4, MT5. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.