Alpari Broker Review: Regulated but Is It Safe for Traders?

This Alpari review examines the background of Alpari broker, its WikiFX score, regulatory status, trading accounts, leverage, instruments and platforms. While Alpari forex offers a broad range of trading products and account choices, its current WikiFX profile also highlights regulatory anomalies and a high volume of unresolved complaints.

Contents

01

Alpari Broker Overview

02

Alpari Regulation and Licenses

03

Alpari Accounts and Trading Conditions

04

Trading Platforms

05

Final Thoughts

Alpari Broker Overview

Alpari is a forex and CFD broker with a long history in the online trading industry. According to WikiFX, the broker has an operating history of 10 to 15 years, while its company profile states that the brand was founded in 2002. The current WikiFX listing identifies Parlance Trading Ltd as the company and Comoros as its registered region, with an address at Bonovo Road, Fomboni, Island of Moheli, Comoros Union.

For traders researching broker Alpari or forex Alpari, one of the most notable points is its current WikiFX Rating Index. As of September 2026, Alpari scores only 1.58 out of 10. WikiFX states that the score has been lowered because of a high volume of unresolved client complaints and labels the company as a Frequent Complaint broker with High Potential Risk.

View WikiFX's full review of Alpari broker here: https://www.wikifx.com/en/dealer/1161607157.html

Alpari Regulation and Licenses

Alpari regulation involves several entities and jurisdictions.

WikiFX records Alpari Evrasia Limited Liability Company as regulated by the National Bank of the Republic of Belarus under Forex Trading License number 192637625. It also records an active Mwali International Services Authority license in Comoros, number T2023236, associated with Parlance Trading Ltd.

However, the regulation Alpari profile is not limited to active licenses. WikiFX also records a revoked securities investment advisory license from the Belize Financial Services Commission and an unverified forex trading license associated with the Central Bank of Russia. This mixed licensing history is an important consideration when reviewing which legal entity would actually provide a trader's account.

Alpari Accounts and Trading Conditions

Alpari offers Standard, ECN and Pro ECN accounts. The Standard account requires $50 or €50 on MT4 and $100 or €100 on MT5, with leverage up to 1:1000. The ECN account requires $300 or €300 and offers leverage up to 1:3000, while Pro ECN requires $500 or €500 and also provides maximum leverage of 1:3000.

Standard and ECN accounts are listed with zero commission. Pro ECN charges commissions depending on the instrument, including $25 per million notional traded for forex, metals, indices and commodities. The minimum trade size is 0.01 lots.

Available markets include forex, metals, indices, commodities and cryptocurrencies. Certain accounts also provide ETFs and stock CFDs through MT5.

Trading Platforms

Alpari supports MetaTrader 4 and MetaTrader 5 as well as its proprietary trading platform. WikiFX also lists several Alpari mobile applications. Deposit and withdrawal channels include cards, electronic wallets, bank transfers and local payment solutions.

Final Thoughts

This review Alpari overview shows a broker with an established operating history, multiple account choices, MetaTrader access and leverage reaching 1:3000. However, traders should also consider its 1.58 WikiFX score, Frequent Complaint label and mixed regulatory record. Anyone considering Alpari forex should verify the exact contracting entity, applicable license and account terms before depositing funds.