Side-by-side
Alpari vs RoboForex
Alpari vs RoboForex — Direct comparison across cost, regulation, leverage, platforms and operating history.
Tracked byBrokerlist Editorial · Independent review teamUpdated
In short. Choose Alpari if you have $500+ and want commission-based Pro ECN pricing at ~$7.50/lot with 27 years of operating history. Choose RoboForex if you're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum.
Alpari vs RoboForex comparison: fees, licences, platforms
Verdict at a glance
RoboForex leads
- Alpari
- ahead on 1 dimension
- RoboForex
- ahead on 4 dimensions
Cost per lot
Alpari: $7.50/lot, RoboForex: $6.00/lot. Lower at RoboForex.
Minimum deposit
Alpari: $500, RoboForex: $10. Smaller minimum at RoboForex.
Maximum leverage
Alpari: 1:1000, RoboForex: 1:500. Higher leverage at Alpari.
Regulator and licence
Alpari: MISA, RoboForex: IFSC. Stronger licensing at RoboForex.
Trading platforms
Alpari: MetaTrader 4, MetaTrader 5, RoboForex: MetaTrader 4, MetaTrader 5, R Stocks Trader. Wider platform choice at RoboForex.
Pros and cons
Alpari
Pros
- ✓27 years of operating history (founded 1998) — predates most current retail brokers
- ✓Pro ECN: 0.1–0.4 typical spread + $5 round-turn ≈ $7.50/lot — competitive commission tier
- ✓Standard account available at $50 min for lower entry (spread-only ~1.2 pip from)
Cons
- ✕Regulated only by offshore entities (Mauritius / St. Vincent) after losing its FCA licence in 2015 — no tier-1 regulator, no FSCS-equivalent protection
- ✕Pro ECN tier requires $500 minimum deposit — not accessible for small accounts
- ✕Inactivity fee $10/month after period of inactivity
- ✕Not available in 38 jurisdictions (all of EU + UK, US, Japan, Canada, India, Myanmar, OFAC-sanctioned countries)
RoboForex
Pros
- ✓ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list
- ✓$10 minimum deposit + separate Pro account available with leverage up to 1:2000
- ✓Daily cashback scheme on trading volume
Cons
- ✕IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection
- ✕Restricted in 18 countries (US, Canada, Australia, Brazil, Russia/Ukraine/Belarus, Turkey, OFAC-sanctioned jurisdictions)
- ✕Additional sub-national territory restrictions (Bonaire, Curaçao, Sint Eustatius, Saipan, Northern Mariana Islands, Tahiti, Svalbard and Jan Mayen)
Who should choose which
Choose Alpari if:
- ✓You have $500+ and want commission-based Pro ECN pricing at ~$7.50/lot with 27 years of operating history
- ✓You're in a jurisdiction outside EU/UK/US/Japan/Canada where Alpari's MISA (Comoros) entity onboards you
- ✓You want offshore high-leverage access (up to 1:3000 on Standard) at a legacy retail brand
Choose RoboForex if:
- ✓You're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
- ✓You scalp or trade at volume — ECN account delivers among the cheapest commission tiers in our list
- ✓You value the Free Funds Withdrawal promo (1st and 3rd e-wallet withdrawals of each month processed fee-free)
- ✓You want offshore ultra-high leverage (up to 1:2000) on the separate Pro account tier
- ✓You like a daily cashback scheme layered on trading activity
We may earn a commission if you open an account — it never affects our ranking or scores. How we’re paid.
Frequently asked
Which is better — Alpari or RoboForex?+
Across our 5 dimensions: Alpari leads in 1, RoboForex in 4, ties: 0. Overall verdict: RoboForex. Full breakdown below.
Which broker has lower fees?+
Cost-per-lot in our calculation: Alpari — $7.50, RoboForex — $6.00. Lower at RoboForex.
Which is better for beginners?+
Minimum deposit: Alpari — $500, RoboForex — $10. Easier onboarding at RoboForex.
What trading platforms do they offer?+
Alpari: MetaTrader 4, MetaTrader 5. RoboForex: MetaTrader 4, MetaTrader 5, R Stocks Trader.
Who regulates each broker?+
Alpari: MISA. RoboForex: IFSC.