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AFAQ TRADE vs Alpari

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick Alpari leads on safety — winning 2 of 2 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
AFAQ TRADE Forex
62/100 risk
Comoros
Read review →
Alpari Forex
39/100 risk
Comoros
Read review →
Safety & Trust
Scam-risk score lower = safer
62
39
Verdict
Elevated
Guarded
Regulated
No
Yes
Licenses
0
1
Tier-1 regulators
0
0
Trustpilot score
2.5
Reviews collected
287
Exit risk lower = safer
Elevated
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$4999
$50
Max leverage
1:1000
Min spread (best acct)
Commission
$25
Cost grade
Account types
4
3
Best for
Suits
Traders comfortable with unregulated brokers, Small to medium deposit sizes (up to $5,000), Those seeking Islamic (swap-free) accounts with high minimum deposit
Crypto-savvy traders comfortable with stablecoin deposits and fast crypto withdrawals, Experienced traders who can manage high leverage (up to 1:3000)
Not for
Traders requiring strong regulatory oversight, High-frequency or high-volume traders needing proven execution, Investors seeking clear fee disclosures and historical track record
Traders requiring reliable fiat withdrawals, Risk-averse investors seeking transparent regulation and reliable customer support, Those who expect stable spreads and consistent order execution
Products & Funding
Instruments
--
FX Metals Indices Commodities Crypto Stock CFDs (only MT5) ETFs (only MT5)
Deposit methods
--
Withdrawal
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2025-08-18
2017-11-17
Headquarters
Comoros
Comoros
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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