Brokers  /  Alpari

Alpari

Moderate riskForex / CFD broker
Comoros · 5-10 years · since 2017-11-17 · Parlance Trading Ltd
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Alpari operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
41
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Comoros (offshore, light oversight)
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~550% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameParlance Trading Ltd
Headquarters Comoros
Founded2017-11-17
Years operating5-10 years
Employees0
Official websitealpari.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods7 methods
Withdrawal methods7 methods
InstrumentsFX Metals Indices Commodities Crypto Stock CFDs (only MT5) ETFs (only MT5)
Registered address
Bonovo Road, Fomboni Island of Moheli Comoros Union

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
NBRBForex Trading License (EP)192637625BelarusRegulated

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
STANDARD1:1000$/€ 50 (MT4) | $/€ 100 (MT5)--Zero
ECN1:3000$/€ 300--Zero
PRO ECN1:3000$/€ 500--FX, Metals, Indices, Commodities: $25 per mil notional traded Crypto: 0.03% notional traded Stock CFD: $0.02 per side/lot (1 share = 1 lot) ETF CFD: $0.02 per side/lot (1 share = 1 lot)

Review analysis AI

Across 2 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (11 reports) — the classic warning sign in forex.

0
Period:
What users praise
Where reviewers are from
Cyprus1
United States1

Real user reviews

Where Alpari operates

Active across 39 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇩🇪 Germany
🇺🇸 United States
🇷🇺 Russia
🇳🇱 Netherlands
🇺🇦 Ukraine
🇮🇳 India
🇻🇳 Vietnam
🇳🇬 Nigeria
🇫🇷 France
🇹🇷 Turkey
🇬🇹 Guatemala
🇦🇪 United Arab Emirates
🇧🇷 Brazil
🇹🇭 Thailand
🇮🇩 Indonesia
🇵🇰 Pakistan
🇵🇱 Poland
🇨🇱 Chile
🇭🇰 Hong Kong 14 complaints
🇹🇼 Taiwan 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Alpari

Alpari is a forex and CFD broker based in Comoros, with records dating to 2017-11-17. It reports oversight from NBRB.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full Alpari review