Head to head
Alpari vs Wingo Markets
Alpari has no licence we could confirm on a regulator's register. Wingo Markets has no licence we could confirm on a regulator's register. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.
Minimum deposits start at $30 at Alpari and $50 at Wingo Markets. Neither offers negative balance protection and segregated client money.
Facts last checked: Alpari on 20 October 2026, Wingo Markets on 20 October 2026.
Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.
Comparing
Alpari
Wingo Markets
Overview
Founded
1998
Not yet checked
Headquarters
Fomboni, Mohéli, Comoros
Podgorica, Montenegro (registered office); company incorporated in Mwali, Comoros
Official websites
- alpari.com
- wingomarkets.com
- clientx.wingomarkets.com
Facts last checked
20 October 2026
20 October 2026
Regulation and protection
Company you would contract with
No licence listed
No licence listed
Regulation level
No licence listed
No licence listed
Licence number
No licence listed
No licence listed
Clients this company serves
No licence listed
No licence listed
All licences held
None listed
None listed
Costs
Your monthly cost
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Leverage and margin
Retail leverage by asset class
- Micro account: Up to 1:500
- Standard account: Up to 1:1000
- ECN and Pro ECN accounts: Up to 1:3000 (floating)
Not yet checked
Stop-out level
20% on Micro and Standard; 50% on ECN and Pro ECN
30%
Account
Minimum deposit (this account)
No accounts listed
No accounts listed
Platforms and features
Platforms
- MetaTrader 4
- MetaTrader 5
- Alpari trading app
- MetaTrader 5
- Web platform
- Mobile app
Markets
Forex, metals, indices, commodities, cryptocurrencies, stocks, ETF, futures and crosses CFDs
Forex, metals, oil, indices, crypto and share CFDs (the broker says 1,000+ instruments)
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Yes
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked
Deposits and withdrawals
Deposit methods
- Debit or credit card
- Bank wire
- E-wallet
- Cryptocurrency
- Local payment methods
- Wingo Pay
- Mastercard
- USDT (TRC20)
- USDT (BEP20)
- Volet
- AdvCash
Withdrawal fee
Varies by method; the fee is taken from the amount withdrawn
Not yet checked
Inactivity fee
Not yet checked
Not yet checked
Support
Customer support
Live chat, chatbot, messengers and phone helpline
Phone, email and Telegram
Our notes
Strengths
- Four account types, from a $30 Micro account to a raw-spread Pro ECN account
- Commission-free Micro, Standard and ECN accounts
- MetaTrader 4 and 5, PAMM investing and a demo account
- Low published minimum deposit ($50 on the Starter account)
- Account conditions, margin call and stop-out levels are published for every account
- Social trading account for copying other traders
Watch out for
- Says it holds Mwali International Services Authority (MISA) licence T2023236; we could not confirm it on MISA's register on 2026-10-20, because the register sits behind a bot check
- No licence from a strict regulator; not available to UK or EU residents
- We found no statement on its site about segregated client money or negative balance protection
- Leverage up to 1:3000, and deposit bonuses that come with conditions
- Says it holds International Brokerage and Clearing House licence T2023302 from the Mwali International Services Authority (MISA); we could not confirm it on MISA's register on 2026-10-20 because the register site blocked our access.
- The Central Bank of the Comoros said on 8 December 2025 that MISA is not recognised in the Union of the Comoros and has no legal power to issue financial licences.
- FinCEN registration as a money services business is an anti-money-laundering registration, not a licence to offer trading
- Leverage up to 1:500 and no published negative balance protection
Choose at least one broker above to start comparing.
Risk warnings
The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:
- Alpari: Before trading, you should ensure that you've undergone sufficient preparation and fully understand the risks involved in margin trading.
- Wingo Markets: Trading derivatives and leveraged products involves a high level of risk and may not be suitable for all investors. Before trading, please ensure that you fully understand the risks involved and only trade with money you can afford to lose.
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- CapitalXtend vs Wingo Markets
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- CMC Markets vs Wingo Markets
- CPT Markets vs Wingo Markets
- DeltaFX vs Wingo Markets
- ePlanet Brokers vs Wingo Markets
- Errante vs Wingo Markets
- eToro vs Wingo Markets
- Exness vs Wingo Markets
- FIBO Group vs Wingo Markets
- FP Markets vs Wingo Markets
- FXCM vs Wingo Markets
- FxPro vs Wingo Markets
- HYCM vs Wingo Markets
- IC Markets vs Wingo Markets
- IFC Markets vs Wingo Markets
- IG vs Wingo Markets
- Interactive Brokers vs Wingo Markets
- Inveslo vs Wingo Markets
- Investizo vs Wingo Markets
- ITBFX vs Wingo Markets
- LiteFinance (LiteForex) vs Wingo Markets
- Markets4you vs Wingo Markets
- OANDA vs Wingo Markets
- OneRoyal vs Wingo Markets
- Opofinance vs Wingo Markets
- Orbex vs Wingo Markets
- Pepperstone vs Wingo Markets
- Plus500 vs Wingo Markets
- Saxo vs Wingo Markets
- STB Provider vs Wingo Markets
- Swissquote vs Wingo Markets
- ThinkMarkets vs Wingo Markets
- Tickmill vs Wingo Markets
- Trendo vs Wingo Markets
- Vittaverse vs Wingo Markets
- Wingo Markets vs WM Markets
- Wingo Markets vs XChief
- Wingo Markets vs XM
- Wingo Markets vs XS.com
Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.
Nothing on this page is financial advice. Read the full disclaimer.