Alpari Nigeria | Alpari Nigeria reviews | alpari international review |

Alpari International is part of the Alpari Group, which is one of the largest participants in the global Forex industry. Alpari has a presence in more than 20 countries worldwide.

Founded back in 1998, Alpari is the leading forex broker in Russia, even though it still does not have a license from the regulator Bank of Russia, as required by law that came into effect on January 1. While its license application is pending, it operates through its offshore subsidiaries.

Alpari nigeria team

Ogechi Sandra Nzewodo - Account Manager

Racham Matthew Anthony - Head of Education / Market Analyst

Alpari Nigeria Bank Account Details, Ready for Business

First Bank

Account Name: Alpari Business Developers Company

Accounts: 2024927790 (NGN), USD 2024927817 (USD)

Sort Code: 11086068

Swift Code: FBNINGLA

Access Bank

Account Name: Alpari Business Developers Company

Accounts: 0690062997 (NGN), 0690062973 (USD)

Sort Code: 044080099

Swift Code: ABNGNGLA

Source: "Alpari Nigeria Bank Account Details, Ready for Business"

Alpari International Nigeria Address - 4th Floor, 103/107 Allen Avenue, Mosesola House, opposite Alade Market, Ikeja, Lagos State.

Minimum Initial Deposit

Both account types offered by Alpari International have no minimum initial requirement, even the ECN one. Yet, one has to invest at least $1, in order to start trading. In comparison, ForexBrokerInc, registered in Belize, demands $100 from its clients as a start.

Average Spreads & Commissions

Alpari International offers variable spreads, quoting as typical 1.2 EUR/USD on the Standard account type, which is average. Spreads offered on the ECN account are a little tighter, amounting to 1.0 pips on EUR/USD, which is comparatively low. Usually ECN spreads are below one pips for the EUR/USD pair, however these account types normally involve a commission.

Maximum Leverage

The maximum leverage rates at Alpari are high, reaching 1:1000. In comparison, SVG-based OctaFX and ForexBrokerInc both offer leverage up to 1:500. More forex brokers offering leverage equal to or exceeding 1:500 can be viewed here.

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