Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

Alpari vs FXCM 2026: Which Broker is Better?

When comparing Alpari and FXCM, traders will find distinct differences in their offerings and regulatory environments. Alpari, with a rating of 3.12/5, appeals to high-leverage traders seeking low entry barriers, thanks to its minimal $5 deposit requirement and leverage up to 1:1000, although it operates under less stringent offshore regulation. In contrast, FXCM, rated 3.66/5, targets traders prioritising regulatory oversight and robust support, with FCA and ASIC regulation, a $50 minimum deposit, and a proprietary platform that enhances trading experience. While Alpari might attract those looking for high-risk, high-reward opportunities, FXCM is more suited for traders who value security and comprehensive educational resources.

Alpari

FXCM

VS
AlpariFXCM
BrokerRank Score3.0/53.7/5 ✓
Min. Deposit$5 ✓$50
Spread from0.4 pips0.2 pips ✓
Max Leverage1:1000 ✓1:400
RegulationFSAFCA, ASIC ✓
PlatformsMT4, MT5MT4, Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
AlpariFXCM
Best for Low Fees
FXCMAlpari
Best for Regulation
FXCMAlpari
Best Overall
FXCMAlpari
Quick Answer

FXCM is the better choice overall, scoring 3.7/5 vs 3.0/5 on BrokerRank's independent rating. On fees, FXCM offers lower spreads (0.2 pips).

See full side-by-side comparison below

Alpari vs FXCM: Key Differences

Feature

Alpari

FXCM

Winner
Our Rating
3.0 / 5
3.7 / 5
Min. Deposit
$5
$50
Max Leverage
Spread From
0.4 pips
0.2 pips
Commission
None
None
Regulated By
FSA
Platforms
MT4, MT5
MT4, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Indices, Commodities
Forex, Cfd, Indices, Commodities
Founded
1998
1999
Headquarters
Kingstown, St Vincent
London, UK
Score
1 / 4
3 / 4

Still deciding between Alpari and FXCM?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Alpari

FXCM

Lower fees
Spread From
0.4 pips
0.2 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the Alpari vs FXCM comparison, FXCM emerges as the better option for beginners due to its comprehensive educational resources and strong regulatory oversight by the FCA, offering a more secure trading environment. For professional traders, Alpari may appeal more with its higher leverage of up to 1:1000 and support for PAMM accounts, despite its offshore regulation. On fees, FXCM takes the lead with lower spreads starting from 0.2 pips, compared to Alpari's 0.4 pips, making it the cost-effective choice.

Who Should Choose Which?

Alpari

Alpari

3.0/5

Choose Alpari if you want…

  • Lower minimum deposit ($5)
  • Higher leverage (up to 1:1000)
  • More market types (5)
  • More established (est. 1998)
FXCM

FXCM

3.7/5

Top pick

Choose FXCM if you want…

  • Higher overall rating (3.7/5)
  • Tighter spreads (from 0.2 pips)
  • More regulatory licences (2)
  • More platforms (3 supported)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#6AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both Alpari & FXCM are available in

Frequently Asked Questions

1

Is Alpari better than FXCM?

FXCM scores higher overall on our independent rating system. Alpari holds a 3.0/5 rating vs FXCM's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Alpari or FXCM?

Alpari offers spreads from 0.4 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Alpari vs FXCM?

Alpari requires a minimum deposit of $5. FXCM requires $50.

4

Which broker is safer, Alpari or FXCM?

Alpari is regulated by FSA, while FXCM holds licences from FCA, ASIC.

5

What trading platforms do Alpari and FXCM support?

Alpari supports MT4, MT5. FXCM supports MT4, Proprietary Web, Proprietary Mobile.

6

Can I use both Alpari and FXCM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply