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Alpari -

Score

1.76 /10
Danger

Alpari

Comoros

5-10 years

Regulated in Belarus

Retail Forex License

Regional Brokers

High potential risk

https://alpari.com/en/

Influence

A

Add brokers

Comparison

Quantity 108

Exposure

Time Machine
Website

Score

Regulatory Index5.50

Business Index7.80

Risk Management Index0.00

Software Index4.95

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

More

Danger

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2022-09-20
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
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Danger

ID BAPPEBTI
2022-02-02
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Danger

MY SCM
2020-01-01
INVESTOR ALERT LIST
Alpari

Broker Information

More

Company Name

Alpari (Comoros) Ltd

Company Abbreviation

Alpari

Platform registered country and region

Comoros

Company website

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-04-30
  • The number of the complaints received by WikiFX have reached 83 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 2. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

Alpari

Belarus

WikiFX Verification

Exposure

108 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

Withdrawal does not arrive

Withdrawal does not arrive. No reply for a long time. I want to expsoe. Hope to get feedback

FX2275093373
2023-03-16 12:07
Unable to Withdraw

Withdraw many times, but no results

Withdraw many times, but no results. The customer service said that they have communicating for it.

ASHAO
2023-03-16 10:59
Unable to Withdraw

Withdrawals failed many times within 1 year

Alfari does not allow withdrawals, can only deposits. It has been a year, and every time I withdraw funds, I can’t. I hope everyone will not be fooled again

XIANGLAN
2022-12-24 22:52
Others

After I deposited money at FXTM, it became an Alpari International account. If it makes a profit, the platform will eat up the capital and profits. The backends are interconnected, how is this possible?

Alpari International is FXTM, and the two platforms are interconnected in the background. After I deposited money at FXTM, it became an Alpari International account. If it makes a profit, the platform will eat up the capital and profits. FXTM needs to come out and deal with it.

HEIPIERGE
2023-11-05 04:17
Sources
Data Source WikiFX Data provide
Updated: 2025-04-30
Alpari · Company summary
Quick Alpari Review Summary
Company NameAlpari (Comoros) Ltd
Founded in2002
Registered inMauritius
Regulated byNBRB
Trading Instruments120+ trading products including Forex, Metals, Commodities, Indices, Cryptos, and Stocks
Currency Pairs quantity60+
Demo Account✅
Islamic Account✅
Account TypePro ECN, ECN, Standard
Min Deposit$20
Max Leverage1:3000
Spread0.3 pips onwards (Standard account)
Trading PlatformAlpari App, MT4/MT5
Deposit and Withdraw MethodsCredit/debit cards, e-wallets, bank wire transfers, and local payment solutions
Customer ServiceEmail: legal@alpari.com, Phone: 00 44 20 45 77 19 51, Livechat, Facebook
Customer Services LanguagesEnglish, Farsi, Russian
Headquarter AddressBonovo Road, Fomboni, Island of Moheli, Comoros
Clients Regional RestrictionAlpari (Comoros) Ltd, does not provide services to residents of the USA, JMyanmarthe Democratic Republic of Korea, European Union, United Kingdon2,

Alpari Information

Founded in 2002, Alpari is regulated by the NBRB in Belarus and has eight global offices with operations on three continents. Alpari does not offer services for the residents from the USA, Japan, Canada, Myanmar, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.

Alpari's homepage

Pros and Cons

ProsCons
Regulated by NBRBToo many complaints
Many instruments availableNo copy trading
Demo accountsRegional restrictions
Low minimum deposit
MT4 and MT5 platforms
Live chat support

Is Alpari Legit?

Yes. Alpari is regulated by National Bank of the Republic of Belarus (NBRB).

Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
NBRB
NBRBAlpari Evrasia Limited Liability CompanyRetail Forex LicenseУНП192637625

Market Instruments

Alpari offers trading in Forex, Metals, Commodities, Indices, Cryptos, and Stocks.

Tradable AssetsAvailable
Forex✔
Metals✔
Commodities✔
Indices✔
Cryptos✔
Stocks✔
Bonds❌
Options❌
ETFs❌

Account Types/Fees

Demo Account: Alpari provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: there are in total 3 types of live account: Pro ECN, ECN, and Standard. In the table below you can see the details. The minimum deposit ranges from $/€50 to $/€500, and other conditions such as leverage, spread, and commissions are also different.

Account TypePro ECNECNStandard
Trading InstrumentsFX, metals, indices, commodities, cryptos, stock CFDs (only MT5)FX, metals, indices, commodities, cryptosFX, metals, indices, commodities, cryptos
Min Deposit$/€500$/€300$/€50
Max Leverage1:30001:30001:1000
SpreadFrom 0.0 pipsFrom 0.1 pipsFrom 0.3 pips
Commission$25 per mil notional traded (FX, metals, indices, commodities)❌❌
0.03% notional traded (crypto)
$0.02 per side/lot (stock CFD)
Trading PlatformMT4/MT5MT4MT4/MT5
Margin Call80%80%50%
Stop Out50%50%20%
Swap Free✔✔✔
Account comparison

Leverage

Alpari offers a maximum leverage of up to 1:3000 for the Pro ECN and ECN accounts, while 1:1000 for the Standard accounts. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Account TypeMax Leverage
Pro ECN1:3000
ECN1:3000
Standard1:1000

Trading Platforms

Alpari uses MetaTrader 4 and MetaTrader 5, which offer great flexibility, extensive charting tools and a user-friendly interface. Besides, Alpari offers a proprietary platform, which is available on desktop and mobile devices.

Trading PlatformSupportedAvailable DevicesSuitable for
Proprietary platform✔Mobile/
MT4✔iOS, Android, Mac, WebtraderBeginners
MT5✔iOS, Android, PC, MacExperienced traders

Deposit and Withdrawal

Alpari accepts deposits and withdrawals via credit/debit cards, e-wallets, bank wire transfers, and local payment solutions.

The minimum deposit amount depends on the trading account you choose, and can vary between $20 and $500. There's no maximum deposit restriction on Alpari.

You can withdraw as much as you like, as long as you use the same payment method that you used to deposit with. If you still have open positions, youll need to leave enough free margin in your account to cover the withdrawal and any extra fees that may occur.

News

ExposureAlpari Intl Shuts Down: Clients Urged to Move to FXTM

Alpari International halts operations. Clients are urged to join sister firm FXTM for a seamless trading experience with robust tools and support.

WikiFX
2024-07-11 17:02
Alpari Intl Shuts Down: Clients Urged to Move to FXTM

NewsAlpari International Review According to WikiFX Real Data and its Regulatory Status

Explore a comprehensive review of Alpari International's trading platforms, accounts, and services. Learn about its regulation, user experience, and education resources to make informed trading decisions.

WikiFX
2023-11-03 17:44
Alpari International Review According to WikiFX Real Data and its Regulatory Status

ExposureThe List Of Unauthorized Online Trading Firms That Have Been Warned By The Reserve Bank Of India

The Reserve Bank of India warns the locals to avoid dealing with unauthorized online trading entities, which are listed below, due to a lack of compliance.

WikiFX
2023-01-19 10:17
The List Of Unauthorized Online Trading Firms That Have Been Warned By The Reserve Bank Of India

NewsTrading Schedule for Martin Luther King Day 2023

Martin Luther King Day 2023 is an annual federal American holiday that celebrates the birthday of Martin Luther King Jr. (January 15). It celebrates the life and achievements of this influential

WikiFX
2023-01-16 10:25
Trading Schedule for Martin Luther King Day 2023

NewsFor Beginners: What is a Forex PAMM account?

If you pay attention to the official website of these large and medium-sized foreign exchange brokers, you can find that among their products and services, it is not uncommon to find a PAMM account as one of their offers. In this article, we will be talking about the PAMM account in depth.

WikiFX
2022-07-18 17:00
For Beginners: What is a Forex PAMM account?

NewsWIKIFX REPORT: Alpari Enables 24/7 Cryptocurrency CFDs Trading

The feature does not apply to Alpari's PAMM accounts due to limitations pertinent to these types of accounts.

WikiFX
2022-05-26 13:57
WIKIFX REPORT: Alpari Enables 24/7 Cryptocurrency CFDs Trading

NewsJASON NOAH – FOREX KING OR JUST CHASING PAPER

For those of you who have never heard the name Jason Noah, CEO, and founder of Forex Kings...I hope this piece of writing helps to navigate and illuminate you as to who this young gentleman and forex trader is, as you well know at Wiki FX we strive to go beyond the call of duty and provide our most open and honest opinion about the brokers we visit and forex influencers that are active within the big wide world of trading, we are here to help connect you to the right companies and right mentors to ensure that as many of you achieve the success you dream of, and this article is no different, take a “walk” with me as we get a better understanding of who Jason Noah and Forex Kings are in the South African forex industry.

WikiFX
2022-05-06 15:37
JASON NOAH – FOREX KING OR JUST CHASING PAPER

NewsWhat to Look for in a Forex Scam

As of April 2019, the spot FX market, which includes currency options and futures contracts, exchanged about $6.6 trillion each day. 1 With such a large quantity of money moving about in an unregulated spot market that trades instantaneously, over the counter, and with little accountability, forex scams entice unscrupulous operators to make quick money. While many once-popular scams have faded away owing to the Commodity Futures Trading Commission's (CFTC) aggressive enforcement efforts and the founding of the self-regulatory National Futures Association (NFA) in 1982, some old scams persist, and new ones keep cropping up.

WikiFX
2022-05-05 16:25
What to Look for in a Forex Scam
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User Reviews

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User comment

19

Comments

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AlexJ
more than one year
I am surprised how people could fall into this. I was an old Alpari customer and I know the company was closed and acquired by another company. The website address used to end with co.uk. Someone pretends to be the deceased Alpari with this .org address and it looks like a lot of people are falling for it.
I am surprised how people could fall into this. I was an old Alpari customer and I know the company was closed and acquired by another company. The website address used to end with co.uk. Someone pretends to be the deceased Alpari with this .org address and it looks like a lot of people are falling for it.
Translate to English
2022-12-03 02:22
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FX1199223524
more than one year
Good broker. I found Alpari to be very helpful and very easy to trade. This is the first time I’ve used the live chat facility and I’m impressed. I have a good time talking with them.
Good broker. I found Alpari to be very helpful and very easy to trade. This is the first time I’ve used the live chat facility and I’m impressed. I have a good time talking with them.
Translate to English
2023-02-14 12:27
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0
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