Alpari vs. Next Markets Comparison

This contrast guide helps customers that struggle to pick in between Alpari and Next Markets to discover the best online broker for their trading and financial investment demands. It analyzes the highlights of both brokers side-by-side to help customers compare their service and make an informed choice.

To help customers select the appropriate broker between Alpari and Next Markets to find the best-suited system, listed below is a checklist of broker’s pros and cons, followed by a comparison of their primary trading features, consisting of trading platforms & devices, costs, mobile trading, deposit & withdrawal, assets, policy, and consumer support.

Alpari vs. Next Markets: Summary

Alpari-logo

Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.

Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.

Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.

Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.

Next Markets logo

Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.

Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.

Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).

Pros

  • Access to over 600 US stock CFDs and 46 forex pairs
  • Commission-free CFD trading
  • MetaTrader 4 and 5 compatibility
  • Low (floating) spreads from 1,2 pips (EUR/USD)
  • PAMM account availability

Cons

  • Has a history of insolvency
  • No valid trading licence

Pros

  • Low minimum deposit ($0)
  • 0% commission stocks and ETFs
  • Low spreads from 0.6 pips (EUR/USD)
  • Free trading signals
  • No hidden commissions or non-trading fees

Cons

  • Algorithmic trading is not available
  • Limited advanced trading tools and features
  • No demo or Islamic swap-free accounts are available

Key features

  • Zero commission CFD trading
  • Low minimum deposit ($100)
  • Access to PAMM services
  • Support for MetaTrader 4 & 5
  • High-quality market analysis and research
  • Over 600 CFDs and 46 forex pairs

Key features

  • Access to 8,000 financial instruments
  • Broad range of deposit & withdrawal methods
  • User friendly mobile app
  • Competitive trading fees, spreads, and commissions
  • Beginner friendly trading tools and features
  • User friendly mobile app

Alpari vs. Next Markets Comparison

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Next Markets logo

Next Markets

Open account Read review

56.65% of retail CFD accounts lose money

BROKER COMPARISON

Alpari-logo
Next Markets logo

Overall rating

3,2/5

3,5/5

Overall rating

3,2/5

3,5/5

Trading Platform & Tools

3.8

2.4

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1000:1 100:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

2.9

4.3

See details
Withdrawal Fee 0-2% 0
Deposit Fee 0 0
Inactivity Fee $5 after 6 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.4 0
Stocks & ETF 0 0
CFD (Gold) 3.3 0
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.0

3.8

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.7

3.8

See details
Minimum deposit (in UAE) $5.00 $0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.5

2.5

See details
Shares 0 7000
ETF & Funds 0 1000
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 61 0
CFD Indices & Funds 20 1000
CFD Stocks 600 7000
CFD Commodities 8 0
CFD Crypto 0 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

2.5

1.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.2

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Alpari vs. Next Markets Comparison Conclusion

The outcomes of our comparison of Alpari vs. Next Markets are wrapped up in the table below.

Broker:Best For:
AlpariTrading with multiple assets and PAMM investment services
Next MarketsStocks and ETF trading and investing

Selecting the ideal option in between Alpari and Next Markets can be challenging. Both online brokers have similarities however differ concerning trading tools, platforms & applications, law, down payment & withdrawals, and research study and education and learning. Choosing the most effective broker depends upon individuals’ trading & financial investment objectives, individual preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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