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Compare Forex Brokers FXcast And Alpari


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Subjective Ratings

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FXcast

Alpari

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

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Business Details

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FXcast

Alpari

 
Registered Business Name: FXcast, a Surplus Finance S.A. Company Alpari NZ Limited (New Zealand)
Broker Headquarters: Mauritius New Zealand
Also has offices in: Central Europe, Indonesia, China, Middle East, Malaysia, Africa Many branches around Russia
Regulated By: FSC Mauritius under the Financial Services Development Act 2001 FRA (Russia)
In business since year: 2007 1998
Broker Capital as of 02-2009 Unknown Unknown
Client Account Segregation: Yes, funds held at Pireaeus Bank, Cyprus ASB Bank New Zealand
Collect Taxes on Earnings: No No
Prohibit clients from: No No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
AlertPay $0 1% (min. $8)
c-Gold $0 1% (min. $8)
CC by Moneybookers 2% 2%
Liberty Reserve $0 1% (min. $8)
MasterCard 5.5% Withdraw to bank acc
Moneybookers $0 1% ($8 min.)
Perfect Money $0 0.5% (min. $8)
Solid Trust Pay $0 1% (min. $8)
StrictPay $0 1% (min. $8)
Visa 5.5% Withdraw to bank acc
WebMoney $0 $5
Wire Transfer $0 1.5% ($30-$65)
MethodDeposit FeeWithdrawal Fee
Visa $0 $0
WebMoney $0 $0
WebMoney Card $0 $0
Wire Transfer $0 $10/EUR10
Main liquidity providers: Unknown Barclays Capital, UBS Bank, Deutsche Bank, JP Morgan, Bank of America, and many others

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Trading Details

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FXcast

Alpari

 
Browser platform: None Currenex ECN (for pro.direct accounts)
Downloadable platform: FXcast MetaTrader 4 (MT4) Alpari MetaTrader 4 (MT4)
Mobile platform: FXcast Metatrader 4 (MT4) Mobile Alpari aTrader (for Android),Alpari bTrader (for Blackberry),Alpari iTrader (for iPhone)
Phone dealing: No Yes
Order processing: Market Maker or Straight-Through Processing based on lots traded and risk profile as determined by FXcast risk server ECN on pro.direct accounts
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Standard Account 400:1 $10/unlimited 1,000/5,000,000
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
Swap-free accounts   Swap-free accounts incur a $0.05 fee per 1,000 unit round-turn trade.   $10 per standard lot (100,000) round turn trade. Trade can be held for unlimited time period.
Tradeable Instruments: 36    53   
No Dealing Desk Execution: Available Yes
Typical spread on EUR/USD: 2 pips (0.0002) 0.5 pips (0.00005) - widens overnight Moscow time
Fixed spreads: Yes No
Guaranteed stop losses? Yes - all limit orders experience NO slippage No
Trailing Stops: Client-side Server-side
OCO orders available: No Yes o
If/then orders available: No Yes o
Hedging capability: Yes Yes
Automated Trading: Yes Yes, on MT4
Trading Hours: Sunday 11:00 p.m. GMT and end each Friday 11:00 p.m.  
Timezone GMT GMT
Scalping allowed: No Yes - Currenex ECN places no restrictions on trading style.
Account currencies available: EUR, USD EUR, Gold, USD
Platform languages: Arabic, Chinese, Croatian, English, French, German, Indonesian, Malay, Portuguese, Russian 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
Support languages: Chinese, English, French, German, Indonesian, Malay, Portuguese, Russian, Spanish Chinese, English, Russian, Spanish
Demo account: 4 weeks 30 days
Live chat support: Yes - during trading hours Yes - a little slow but top quality
Interest on Margin: No Yes
Promotions & tournaments: On-going tournaments - visit site for details. 20% first deposit bonus. Interest paid on unused margin at 2% annual rate (alpari.premier accounts only). Free courses and educational materials.

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