ALPARI UK RATING REVIEW -Using the Formula V.4.0.
Alpari UK Rating Summary
This is the sum of each rating factor (1, 2, 3, 4).
ALPARI UK RATING SUMMARY | |||
MAX | ACHIEVED | (%) | |
1. Safety of Funds | 26.00% | 25.15% | 96.74% |
2. Alpari UK Cost of Transaction | 28.00% | 17.00% | 60.71% |
3. Alpari UK Trading-Options | 26.00% | 22.25% | 85.58% |
4. Alpari UK Technological Efficiency | 20.00% | 15.00% | 75.00% |
Overall Rating | 100.00% | 79.40% | 79.40% |
Alpari UK Rating Analysis
This is the analysis of each rating factor.
ALPARI UK -RATING ANALYSIS | ||||
TOTAL RATING | 100.0% | Alpari UK Broker | ||
Weight Analysis | Factor Analysis | 79.40% | ANALYSIS | |
1. SAFETY OF FUNDS at ALPARI UK | 26.00% | RATING WEIGHT | 25.15% | Alpari UK Credibility Analysis |
1.1 Alpari UK Level of Regulation | 12.00% | FSC (BVI) = 1.0%, | CYSEC = 3.0%, | FFMS = 3.0%, | RAFMM = 3.0%, | CBI = 4.0%, | ASIC = 4.0%, | FSC (NZ) = 4.0%, | FSA (UK) = 6.0%, | BAFIN = 6.0%, | NFA = 6.0%, | CFTC = 6.0%, | FINMA = 8.0% | and MiFID = +4.0% | 12.00% | Alpari UK is regulated by FSA (UK), CFTC / NFA, CySEC, FSP = (max) 12.0% |
1.2 Alpari UK Headquarters Base | 5.00% | General Offshore = 0%, Cyprus , Latvia = 2.0%, Ireland, Spain, Italy, Belgium, Israel = 3.0%, Canada, Australia, = 4.0%, USA, UK, Germany, Scandinavian, France, Switzerland = 5.0% | 5.00% | Alpari UK Home Base is in London, UK = 5.0% |
1.3 Alpari UK Years in the Market | 5.00% | 0-1 Years = 0 %, 2-5 Years = 2.0 %, 5-10 Years = 4.0 %, 10+ Years = 5.0 % | 5.00% | Alpari UK was founded in 1998, 10+ years = (max) 5.0% |
1.4 Alpari UK Segregated / Bank Accounts | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Yes, Client Funds are Segregated = 2.0% |
1.5 Alpari UK Web Ratings (Usage for differentiating results) | 2.00% | ForexPeaceArmy Rating = 1.0 %, | EarnForex Rating = 1.0 % | 1.15% | Alpari UK FX FPA=3.257 / 5.0 & Earn Forex=5.0/10.0, Total = 5.757 / 10.0 = 1.1514% |
1.6 (+) ADJUSTMENTS | ||||
1.6.1 Size Factor | 1.00% | More than 1 Million Traders = +1.0 % | 0.00% | No more than 1 million traders |
2. TRADING COST at ALPARI UK | 28.00% | RATING WEIGHT | 17.00% | Alpari UK Competition Analysis |
2.1 Alpari UK Typical Spread on EURUSD | 8.00% | < 0.3 pip = 8.0%, | <0.4 pip = 7.5%, | < 0.5 pip = 7.0%, | <0.6 pip = 6.5% | <0.7 pip = 6.0%, | <0.8 pip = 5.5%, | <1.0 pip = 5.0%, | < 1.25 pip = 4.5, | < 1.5 pip = 4.0%, | <1.75 pip = 3.5%, | >2 pip = 3.0%, | < 2.5 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 3.50% | Alpari UK's typical EUR/USD Spread is 1.6 pips (Classic Account) = 3.5% |
2.2 Alpari UK Typical Spread on GBPUSD | 5.00% | < 1.0 pip = 5.0%, | <1.25 pip = 4.0%, | < 1.5 pip = 3.0%, | < 1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.25 pip = 1.5%, | < 2.5 pip = 1.0% | < 3 pip = 0.5% | 0.50% | Alpari UK's typical GBPUSD Spread is 2.8 pips (Classic Account) = 0.5% |
2.3 Alpari UK Typical Spread on USDJPY | 4.00% | < 1.0 pip = 4.0%, | <1.25 pip = 3.5%, | < 1.5 pip = 3.0%, | <1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% | 2.00% | Alpari UK's typical USDJPY Spread is 2.0 pips (Classic Account) = 2% |
2.4 Alpari UK Trading Commissions | 7.00% | No Commissions = 7% | Commissions < $5 / lot = 3% | Commissions < $8 / lot = 1% | Higher Commissions = 0% | 7.00% | No trading commissions on Classic Accounts. |
2.5 Alpari UK Deposit / Withdrawal Commissions | 2.00% | No = 2.0 %, | Yes = 0 %, | 1-Free / Month = 0.5 % | 0.00% | Yes some Withdrawal Commissions are charged by Alpari UK (in some cases) = 0% |
2.6 Alpari UK Maintenance and Inactive Fees | 2.00% | No = 2.0 %, | Yes = 0 % | 2.00% | No Maintenance Fees by Alpari = 2.0% |
2.7 (+) ADJUSTMENTS | ||||
2.7.1 Alpari UK Execution | 2.00% | ECN = +2.0 % / STP = +1.5 % | Market Makers = +0.0% | 2.00% | Alpari UK is a true ECN Forex Broker |
3. TRADING OPTIONS at ALPARI UK | 26.00% | RATING WEIGHT | 22.25% | Alpari UK Trading Analysis |
3.1 Alpari UK Forex Asset Index | 8.00% | 45+ Currency Pairs = 8.0%, | 40+ Currency Pairs = 7.0%, | 35+ Currency Pairs = 6.0%, | 30+ Currency Pairs = 5.0%, | 25+ Currency Pairs = 4.0%, | 20+ Currency Pairs = 3.0%, | 15+ Currency Pairs = 2.0%, | 10+ Currency Pairs = 1.0%, | Less than 10 pairs = 0% | 8.00% | Alpari offers 57 Fx Currencies = 8.0% |
3.2 Alpari UK CFD and Spot Trading | 2.00% | CFD Trading = 2.0 % | Only Spot = 1.0 % | Nothing = 0% | 2.00% | Yes, Alpari provides CFD trading |
3.3 Alpari UK Demo / Practice Account | 2.00% | Yes = 2.0 %, No = 0.0 % | 2.00% | Yes Demo Account is available at Alpari UK |
3.4 Leverage at Alpari UK | 2.00% | >100:1 = 2.0%, | > 75:1 =1.5%, >50:1 = 1.0% | 2.00% | Max Leverage at Alpari UK is 1/500 = (max) 2.0% |
3.5 Alpari UK Bonus & Rebate | 6.00% | 2.00% | ||
3.5.1 Alpari UK Bonus (%) | Bonus (Higher or Equal): >50% = 6%, | >40% = 5%, | >30% = 4%, | >20% = 3%, | >15% = 2%, | >10% = 1% | No Bonus by Alpari | ||
3.5.2 Alpari UK Rebate (%) | Rebate (Higher or Equal): >30% = 6%, | >25% = 5%, | >20% = 4%, | >15% = 3%, | >10% = 2%, | >5% = 1.0% | Rebate at Alpari is about 10% on a classic account, Rating = 2% | ||
3.6 Alpari UK Minimum Deposit | 1.00% | Min Deposit < $500 = +1%, | Min Deposit < $1,000 = +0.5% | 1.00% | Minimum deposit is 500USD at classic accounts |
3.7 Alpari UK Fund / Deposit Methods | 2.50% | For each deposit method available = 0,5%, max = 5 methods | 2.50% | 4+ methods available by Alpari UK (Bank Wire, MoneyBookers, UKASH, CASHU, Web Money) = (max) 2.5% |
3.8 Alpari UK Fund / Withdrawal Methods | 2.50% | For each withdrawal method available = 0,5%, max = 5 methods | 2.50% | 4+ methods available by Alpari UK (Bank Wire, MoneyBookers, UKASH, CASHU, Web Money) = (max) 2.5% |
3.9 (+) ADJUSTMENTS | ||||
3.9.1 Offering 100+ Currency Pairs | 1.00% | Yes = 1.0 % / No = 0 % | 0.00% | No |
3.9.2 Interest on Funds | 0.50% | Yes = 0.50 %, No = 0.0 % | 0.00% | No |
3.9.3 Alpari UK Competitions / Championships | 0.25% | Yes = 0.25 % / No = 0 % | 0.25% | Yes, available Forex Traders Championship |
4. ALPARI UK TECHNOLOGICAL EFFICIENCY | 20.00% | RATING WEIGHT | 15.00% | Alpari UK Technological Analysis |
4.1 Alpari UK Available Platforms | 5.00% | Each Supported Platform = 1.0%, max = 5 platforms | 3.00% | 3 platforms: MetaTrader4, MetaTrader5 platforms plus Alpari Direct = 3.0% |
4.2 Alpari UK Slippage | 4.00% | Slippage < 0.5 pip = 4.0% | Slippage < 0.75 pip = 3.5% | Slippage < 1 pip = 3.0% | Slippage < 1.25 pip = 2.5% | Slippage < 1.5 pip = 2.0% | Slippage < 1.75 pip = 1.5% | Slippage < 2.0 pip = 1.0% | 1.50% | Slippage is measured at 1.6 pips = Rating 1.5% |
4.3 Alpari UK Automated Trading | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | Alpari UK accepts signals from Expert Advisors (ZuluTrade) = 2.0% |
4.4 Alpari UK MT4 / MT5 Availability | 2.00% | Yes = 2.0 % / No = 0 % | 2.00% | Yes, Alpari provides both MT4 and MT5 = 2.0% |
4.5 Alpari UK Mobile Trading | 2.00% | Each Supported Device = 0.50 % (iPhone, iPad, Android, Windows Mobile, Blackberry), max = 4 devices | 1.50% | Alpari UK provides MT4 applications for iPhone, Windows and Android mobile devices = 1.5% |
4.6 Alpari UK Scalping / Hedging Policy | 1.00% | Yes both = 1.0 % | Yes only Hedging or Scalping = 0.5% | No = 0 % | 1.00% | Yes Alpari UK allows scalping and hedging at classic accounts = 1.0% |
4.7 Alpari UK Customer Service | 4.00% | 24/7 = 1.0 %, | 24/6 = 0.5 %, | 24/5 = 0 %, | email = 1.0%, | Phone = 1.0 %. | Live Chat = 1.0 %, | Skype = 0.5 %, | Call-Back = 0.5 % | 3.00% | Alpari UK provides 24/5=0%, Phone=1.0%, email=1.0%, Live Chat=1.0%, Total = 3.0% |
4.8 (+) ADJUSTMENTS | ||||
4.8.1 Alpari UK PAMM Managed Accounts | 0.50% | PAMM = 0.5 % / Simple Managed = 0.25%, No = 0 % | 0.50% | Yes, PAMM accounts are available at Alpari UK |
4.8.2 Alpari UK API Trading | 0.50% | Yes = 0.5 % / No = 0 % | 0.50% | Yes, API trading is available at Alpari UK = 1.0% |
Alpari UK Special Metrics
These are the special metrics for Alpari UK according to the three categories of trading experience.
ALPARI UK SPECIAL METRICS |
|
(based on sub-formulas) | RATING (100%) |
Alpari UK Overall Rating | 79.40% |
Forex Beginners | 72.51% |
Advanced Traders | 75.69% |
Pro Traders | 75.25% |
■ Alpari UK Rating Review
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