Alpari vs FXCM 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
FXCM has the higher TFB Score (77/100 vs 61/100).
Alpari, founded in 1998, is a trading name of Parlance Trading Ltd, licensed by the Mwali International Services Authority (an offshore regulator), offering Micro, Standard, ECN and Pro ECN accounts on MetaTrader 4, MetaTrader 5 and the Alpari app.
FXCM operates through Stratos group entities including Stratos Markets Limited (FCA, UK), Stratos Trading Pty Ltd (ASIC, Australia) and Stratos Europe Limited (CySEC), offering Trading Station, MT4 and TradingView. FXCM UK now says new trading accounts are provided through Trade Nation.
67% of retail CFD accounts lose money with this provider.
Side by side
| Item | Alpari | FXCM |
|---|---|---|
| TFB Score | 61/100 | 77/100▲ |
| Regulation & safety | 7/35Strongest licence MISA (tier 3) | 34/35▲3 tier-1 regulators (FCA, ASIC, CySEC), investor compensation |
| Fees & costs | 22/25▲All-in cost from 0.00 pips, no commission | 15/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 16/20▲Minimum deposit $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN), 5 deposit methods, 5 withdrawal methods | 14/208 deposit methods, 2 withdrawal methods |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 14/20MT4, TradingView; leverage up to 30:1 on major forex pairs for UK retail clients (Stratos Markets Limited) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | MISA | FCA, ASIC, CySEC |
| Minimum deposit | $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN) | 50 currency units (PayPal deposits); no account-wide minimum published |
| Spreads from | 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) | Not published |
| Commission | None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded | Zero Commissions (standard accounts; Active Trader accounts use commission-based pricing) |
| Max leverage | Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 30:1 on major forex pairs for UK retail clients (Stratos Markets Limited) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Debit and credit cards, E-wallets, Local payment methods, Cryptocurrency | Debit/Credit card (up to the amount deposited by card), Wire |
| Retail accounts losing money | Not published | 67% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Alpari review · FXCM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Alpari or FXCM better?
FXCM has the higher TFB Score (77/100 vs 61/100). The best choice depends on your country, platform and payment method.
Are Alpari and FXCM regulated?
Alpari: MISA. FXCM: FCA, ASIC, CySEC. Every licence is linked to the regulator's register on each review.
Which is safer, Alpari or FXCM?
Alpari holds no tier-1 licence; FXCM holds 3 (FCA, ASIC and CySEC). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Alpari and FXCM?
Alpari: $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN). FXCM: 50 currency units (PayPal deposits); no account-wide minimum published.
Do Alpari and FXCM offer MetaTrader and TradingView?
Both offer MetaTrader 4. Alpari: MetaTrader 4, MetaTrader 5, Alpari Mobile App. FXCM: Trading Station, MetaTrader 4, TradingView.
What is the maximum leverage at Alpari and FXCM?
Alpari: Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd). FXCM: 30:1 on major forex pairs for UK retail clients (Stratos Markets Limited). Leverage depends on the company that opens your account and on your country.
More Alpari comparisons
More FXCM comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning