Alpari Malaysia Account Types
At Alpari Malaysia, trading accounts are categorized based on the trading platform chosen by the traders.
Minimum Deposit: $1
Leverage: 1:500
Minimum trade size: 0.01
Spread Type: Fixed from 2 pips
Commission: No
Account Currency: USD cents, EUR cents
Minimum Deposit: $100
Leverage: 1:1000
Minimum trade size: 0.01
Spread Type: Floating from 0.3 pips
Commission: No
Account Currency: USD, EUR, GLD
Minimum Deposit: $300
Leverage: 1:1000
Minimum trade size: 0.01
Spread Type: Floating from 0.1 pips
Commission: No
Account Currency: USD, EUR, GLD
Minimum Deposit: $500
Leverage: 1:1000
Minimum trade size: 0.01
Spread Type: Floating from 0 pips
Commission: $16 / lot
Account Currency: USD, EUR, GLD
1. MetaTrader 4
Traders who wish to engage in Forex trading using the MetaTrader 4 platform are free to choose from the following trading accounts:
a. Nano Account
Alpari’s Nano Trading Account is dominated in cents, which makes it suitable for new traders who just started trading or experienced traders who would like to try out their strategies.
By depositing a minimum of 0 USD in USC (USD Cents) or EUC (EUR Cents), traders will be able to benefit from spreads as low as 0.2 pips with no commission, leverage up to 1:500, and 25 maximum orders with a maximum order volume of 10 lots each. All orders in this account are executed instantly.
In Nano Accounts, traders can trade in numerous trading instruments such as 33 currency pairs and 2 metals. All trading strategies are allowed as well, including scalping and hedging.
b. MT4 Standard Account
The Alpari MT4 Standard Account is a classic account for both novices and experienced traders who know Forex trading and wish to get the best Forex experience.
Alpari’s MT4 Standard Account is offered with spreads as low as 0.2 pips with no commission and adjustable leverage up to 1:1000. By using this account, experienced traders can have up to 500 orders with a maximum order volume of 50 lots each, in addition to instant order executions available in 33 currency pairs and 2 metals.
Traders will be able to benefit from this account using all trading strategies by making a minimum deposit of 20 USD/EUR/GLD (Gold).
c. MT4 ECN Account
Alpari’s MT4 ECN Account is suitable for professional traders who prefer automated trading in an ECN environment. What makes Alpari’s MT4 ECN account special is the fact that it is offered without commission since the fee is already paid through the spreads. Therefore, traders can calculate their trades more conveniently.
By making a minimum deposit as low as 300 USD/EUR/GLD, traders will be able to experience ECN trading activities using all trading strategies in 46 currency pairs, 2 metals, and 18 CFDs. Spreads are offered as low as 0.2 pips with no commission, and leverage can be used up to 1:1000.
In Alpari’s MT4 ECN Account, the maximum number of orders is 500 positions with 100 lots each. All orders are also executed instantly.
d. PRO.ECN Account
Alpari offers a higher level of ECN trading experience in MT4 PRO.ECN Account, where professional traders will be able to gain more access to the interbank liquidity and trade with market execution.
The Alpari MT4 PRO.ECN Account is initiated by making a minimum deposit as low as 500 USD/EUR/GLD to experience ECN-based trading activities in 46 currency pairs, 2 metals, and 18 CFDs trading instruments, using all trading strategies.
Spreads are also offered as low as 0.2 pips with a $16 commission for every $1 million traded. This account offers flexible leverage up to 1:1000 as well, and traders can enjoy an unlimited number of open orders with 100 lots each.
2. MetaTrader 5
Alpari offers two types of accounts using the world’s most popular trading platform, i.e. MetaTrader 5. MT5 allows traders to trade in a variety of trading instruments using more advanced and improved functions and analyses.
Alpari offers two types of MT5 trading accounts: MT5 Standard and MT5 ECN Accounts.
a. MT5 Standard Account
Specifications of Alpari’s MT5 Standard Account is the same as the MT4 version, except that it is accessible only via MT5 trading platform: minimum spreads of 0.2 pips with no commission and flexible leverage up to 1:1000, as well as a minimum deposit of 100 USD/EUR/GLD (Gold). The maximum number of orders is 500 up to 50 lots each. All orders are executed instantly, available in 33 currency pairs and 2 metals.
b. MT5 ECN Account
The spreads in MT5 ECN Account is still as low as 0.2 pips. In this account, the traders are to pay a $16 commission for every $1 million traded in order to enjoy an unlimited number of open positions up to 100 lots each.
Alpari’s MT5 ECN Account offers flexible leverage with a maximum of 1:1000 accessible by making a minimum deposit of 500 USD/EUR/GLD. Afterward, traders will be able to trade in 46 currency pairs, 2 metals, and 18 CFDs trading instruments with instant market execution in an automated ECN trading environment.
Alpari Malaysia Deposit & Withdrawal
Alpari Malaysia offers various methods of deposits and withdrawals including credit cards, e-wallets, and bank wire transfers, with a charged commission depending on the payments systems or the banks.
Instant deposits are available via below e-wallet services:
• FasaPay à USD, IDR. Commission: 0.5 %.
• Online Banking à Malaysian local bank. Commission: 3%.
• WebMoney à USD, EUR. Commission: 0% + 0.8%.
• Neteller à USD, EUR, INR, BRL. Commission: 2.5% - 4%.
• Skrill à USD, EUR. Commission: 2.4% + 0.29 EUR (Card), 1.4% + 0.29 EUR (Skrill Wallet), 5.5% + 0.29 EUR (Skrill Latin America).
• BitPay/Ethereum/Litecoin/Zcash à BTC/ETH/LTC/ZEC. Commission: 0% + each network commission.
Deposits via credit cards charge a 2.5% commission for VISA and MasterCard, whereas bank wire transfers charges only your bank’s commissions. All are available in USD and EUR.
Deposits and withdrawals via China Union Pay are offered in CNY with zero commission. All funds will be transferred into the traders’ bank accounts within a few hours after the request is sent.
Withdrawing funds at Alpari is offered via multiple payment systems as follows:
• MasterCard à USD, EUR. Commission: 1.2% + 2.90 EUR.
• FasaPay à USD, IDR. Commission: 0.5 %.
• Online Banking à Malaysian local bank. Commission: 2%.
• WebMoney à USD, EUR. Commission: 0.8% (max 50 USD/EUR).
• Bank Wire Transfer à USD, EUR. Commission: 0.1% for Ameriabank.
• Skrill à USD, EUR. Commission: 2.5%.
• TC Wallet à USD, EUR. Commission: 0%.
• Neteller à USD, EUR. Commission: 0%
Alpari Malaysia offers floating spreads as low as 0 pip depending on traders’ account types, forex pairs, and trading platforms. The real spreads on the live accounts are offered in a minimum of 0.2 pips for all types of trading accounts.
Traders who are using the standard (MT4 Standard and Nano) and MT4 ECN accounts are charged no commission, whereas the MT5 ECN and PRO.ECN account holders are to pay a $16 commission for every $1 million traded.
Alpari Malaysia Security & Safety of Funds
As a member of the global investment company, Alpari Group is licensed by the IBC and regulated by the FSA of St. Vincent and Grenadines. This means that Alpari has to comply with the international standards of client protection by keeping its clients’ funds in segregated bank accounts, completely separate from the company’s operational or investment funds.
Moreover, Alpari has been a registered member of Category A of The Financial Commission since 2013. The Financial Commission is an international organization engaged in the resolution of disputes within the financial services industry. Being a Category A member, Alpari can provide up to 20,000 USD coverage for every complaint if needed.
