Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers Alpari And ICM Trading


 Compare more forex brokers

Visit Alpari Visit ICM Trading


Subjective Ratings

Compare Category

Alpari

ICM Trading

Charting: Four and Half star Charting Rating Five star Charting Rating
Execution: Four and Half star Execution Rating Four star Execution Rating
Transaction costs (spreads): Five star Transaction Costs (spreads) Rating Four star Transaction Costs (spreads) Rating
User-friendliness: Four and Half star User-friendliness Rating Five star User-friendliness Rating
Platform Functionality: Four star Platform Functionality Rating Four and Half star Platform Functionality Rating
Platform Reliability: Five star Platform Reliability Rating Five star Platform Reliability Rating
Customer support: Four star Customer Support Rating Four star Customer Support Rating
Rollover interest rates: Four star Rollover interest rates Rating Three star Rollover interest rates Rating
Withdrawal processing: Four star Withdrawal processing Rating Three and Half star Withdrawal processing Rating
Average rating: Four and Half star Average Rating Four and Half star Average Rating

Visit Alpari Visit ICM Trading

Business Details

Compare Category

Alpari

ICM Trading

 
Registered Business Name: Alpari NZ Limited (New Zealand) iTrade Capital Markets Ltd.
Broker Headquarters: New Zealand British Virgin Islands (BVI)
Also has offices in: Many branches around Russia none
Regulated By: FRA (Russia) Unregulated
In business since year: 1998 2009
Broker Capital as of 03-2009 Unknown Unknown
Client Account Segregation: ASB Bank New Zealand Client funds are segregated and held at Loyal Bank, St. Vincent and the Grenadines
Collect Taxes on Earnings: No No
Prohibit clients from: No No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Visa $0 $0
WebMoney $0 $0
WebMoney Card $0 $0
Wire Transfer $0 $10/EUR10
MethodDeposit FeeWithdrawal Fee
Liberty Reserve $0 $0
MasterCard $0 $0
Moneybookers $0 $0
Visa $0 $0
Wire Transfer $0 $0
Main liquidity providers: Barclays Capital, UBS Bank, Deutsche Bank, JP Morgan, Bank of America, and many others Unknown

Visit Alpari Visit ICM Trading

Trading Details

Compare Category

Alpari

ICM Trading

 
Browser platform: Currenex ECN (for pro.direct accounts) None
Downloadable platform: Alpari MetaTrader 4 (MT4) ICM Trading ActTrader,ICM Trading Metatrader 4 (MT4)
Mobile platform: Alpari aTrader (for Android),Alpari bTrader (for Blackberry),Alpari iTrader (for iPhone) ActTrader Mobile,Metatrader Mobile
Phone dealing: Yes Yes
Order processing: ECN on pro.direct accounts Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
pamm.ecn.mt4 100:1* $5,000/unlimited 300,000/10,000,000
pro.ecn.mt4 100:1* $5,000/unlimited 300,000/10,000,000
classic.ndd.mt4 100:1* $1,000/unlimited 10,000/1,000,000
pamm.mt4 100:1* $300/unlimited 1,000/unlimited
pamm.ndd.mt4 100:1* $1,000/unlimited 10,000/1,000,000
classic.ndd.zulutrade 100:1* $1,000/unlimited 10,000/100,000,000
classic.mt4 500:1* $200/unlimited 10,000/unlimited
pamm.systematic 100:1* $300/unlimited 1,000/100,000,00
micro.mt4 500:1* no limits 1,000/500,000
classic.systematic 500:1* $200/unlimited 1,000/100,000,000
classic.zulutrade 500:1* $200/unlimited 1,000/100,000,000
pro.direct (Currenex) 200:1* $20,000/unlimited 10,000/unlimited
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
ActTrader Account 400:1* $500/unlimited 10,000/5,000,000 units 1 lot = 10,000 units
MT4 Account 400:1* $500/unlimited 10,000/5,000,000 units 0.1 lot = 10,000 units
Swap-free accounts   $10 per standard lot (100,000) round turn trade. Trade can be held for unlimited time period.   All accounts are Shariah compliant, but a charge of $1/mini-lot/day is applicable to all overnight positions
Tradeable Instruments: 53    34   
No Dealing Desk Execution: Yes Not available
Typical spread on EUR/USD: 0.5 pips (0.00005) - widens overnight Moscow time 2 pips (0.0002) FIXED
Fixed spreads: No Yes
Guaranteed stop losses? No Yes, all stop and limit orders are guaranteed against slippage.
Trailing Stops: Server-side Client-side
OCO orders available: Yes o Yes,
If/then orders available: Yes o Yes,
Hedging capability: Yes Yes
Automated Trading: Yes, on MT4 On MT4 and ActTrader
Trading Hours:   Sunday evening at 5:00 pm (EST) through Friday afternoon at 4 pm (EST)
Timezone GMT EST
Scalping allowed: Yes - Currenex ECN places no restrictions on trading style. Short-term trading OK, but trading on 'off-market' pricing
Account currencies available: EUR, Gold, USD EUR, USD
Platform languages: Arabic, Bulgarian, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Spanish, Traditional Chinese, Turkish Arabic, Bulgarian, Dutch, Finnish, French, German, Hebrew, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: Chinese, English, Russian, Spanish English, French, German, Italian, Spanish
Demo account: 30 days 30 days
Live chat support: Yes - a little slow but top quality Yes
Interest on Margin: Yes No
Promotions & tournaments: 20% first deposit bonus. Interest paid on unused margin at 2% annual rate (alpari.premier accounts only). Free courses and educational materials. 10% bonus on deposits up to $1999. $500 bonus on deposits of $2,000+

Visit Alpari Visit ICM Trading


Bookmark and Share