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No Regulation
Score
1.27 /10
Danger
Alpari Comoros
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Exposure
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Website
Score
Regulatory Index0.00
Business Index5.18
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Alpari Comoros Review Summary | |
| Founded | 1-2 years |
| Registered Country/Region | Comoros |
| Regulation | Unregulated |
| Market Instruments | Forex, Metals, Commodities, Indices, Cryptos and Stocks |
| Demo Account | Available |
| Leverage | Up to 1:3000 |
| Spread | From 0 pips |
| Trading Platform | Alpari Mobile app, MT4/5 |
| Min Deposit | $50 |
| Customer Support | Telephone number : +44 2045 771951 |
Alpari Comoros Information
Alpari Comoros, which was founded in Comoros, offers hundreds of assets to trade.
Pros and Cons
| Pros | Cons |
| No-to-low spreads and commissions | Lack of Regulation |
| Access global opportunities |
Is Alpari Comoros Legit?
Alpari Comorosis currently in a state of no effective supervision.
What Can I Trade on Alpari Comoros?
Alpari Comoros offers traders the opportunity to trade Forex, Metals, Commodities, Indices, Cryptos and Stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Crypto | ✔ |
| Stocks | ✔ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
Alpari Comoros offers two live account types, namely PRO ECN account, ECN account and Standard account. Demo accounts are available.
Specifically, both the PRO ECN account and the ECN account require a minimum deposit of $500, and both offer leverage ratios ranging from 1:3000 to 1:1. For Standard accounts, the minimum deposit on the MT4 platform is $50, and the minimum deposit on the MT5 platform is $100, and the leverage ratio also ranges from 1:3000 to 1:1.
| Account Type | Minimum Deposit | Leverage |
| PRO ECN | $500 | 1:3000-1:1 |
| ECN | $500 | 1:3000-1:1 |
| Standard | $50 (MT4), $100 (MT5) | 1:3000-1:1 |
Leverage
The leverage rate ranges from 1:3000 to 1:1.
Alpari Comoros Fees
PRO ECN accounts offer services starting at 0 spread and charge a commission of $25 per million notional amount on Forex, metals and Contracts for Difference (CFDs), 0.05% of notional amount on cryptocurrency trading, and $0.02 per lot on each side for equity CFDS (only on the MT5 platform).
ECN accounts are executed at market prices and do not mention specific commission information.
Standard accounts start with a spread of 0.8 and do not mention commission fees.
| Account Type | Spread | Commission |
| PRO ECN | from 0 pips | $25 per million notional on FX, Metals and CFDs |
| 0.05% notional on Crypto | ||
| $0.02 per side/lot on Stock CFD (MT5 only) | ||
| ECN | at market price | - |
| Standard | from 0.8 pips | - |
Trading Platform
MT5, MT4 and Alpari Mobile app is chosen by Alpari Comoros to serve clients of different preferences.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
| MT4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
| Alpari Mobile app | ✔ | IOS, Android | Investors of all experience levels |
Deposit and Withdrawal
Alpari Comoros requires a minimum deposit of $1. The same goes for minimum withdrawals.
Deposit with a local automated payment machine (APMs) with a minimum deposit of $1, no additional fees.
Cryptocurrency fees are free.
The minimum deposit with cards is $5, but 2.50% of the deposit amount is charged as a handling fee.
Withdrawals can be made using local automated payment machines (APMs) with a minimum withdrawal amount of US $1 at no extra charge.
The specific minimum withdrawal amount for cryptocurrency is not mentioned, but 0.1% of the transaction amount is charged as a fee, which has a minimum limit of $3 and a maximum limit of $10.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Local APMs | $1 | 0 | 30 minutes |
| Crypto processing | / | 0 | 1 hour |
| Cards | $5 | 2.50% | 30 minutes |
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Local APMs | $1 | 0 | 1 hour |
| Crypto processing | / | 0.1% (min $3, max$10) | 1 hour |
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