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Broker profile

Alpari

FSCA · No FSCA licence found

Parlance Trading Ltd

At a glance

Licences1 regulators0 on a register
WarningsNone about itNo copycats found
CostsFrom 0.0Min deposit $30

Licences and regulators

MISA MohéliT2023236
Parlance Trading Ltd
Claimed by broker

“On the register” means we found this number on the regulator's own list. The FSC Mauritius register shows no licence numbers, so there we match by name and label the number “broker says”. “Claimed by broker” means the broker's site states it and we couldn't check that register automatically. Info may be out of date or wrong. Always check with the regulator before you trade.

Company facts

Websitealpari.com
Head office (country)Comoros (Mohéli)
Founded–
Support email–
Legal entities namedParlance Trading Ltd

From the broker's own website. Scammers copy contact details, so use the website and email shown on the regulator's register.

Licence details by regulator

RegulatorEntity · numberStatusWhat it covers
MISA MohéliParlance Trading Ltd · T2023236Claimed by brokerPermitted activities are listed on the MISA register ↗.

A licence only covers the entity and country named. Check which entity your account is with: it's in the client agreement.

Check other warning sources

  • IOSCO I-SCAN ↗Warnings from regulators worldwide. Search for “Alpari” and “Parlance Trading Ltd”.
  • FCA Final Notices ↗UK fines and bans (Publications → Notices and decisions → Final notices). Search for “Alpari” and “Parlance Trading Ltd”.
  • ASIC enforcement ↗Australian media releases on court action and bans. Search for “Alpari” and “Parlance Trading Ltd”.
  • CySEC decisions ↗Cyprus board decisions and fines. Search for “Alpari” and “Parlance Trading Ltd”.
  • CFTC RED list ↗Foreign firms acting as if US-registered. Search for “Alpari” and “Parlance Trading Ltd”.
  • NFA BASIC ↗US futures and forex firm records and actions. Search for “Alpari” and “Parlance Trading Ltd”.

Change log

No alerts or corrections for Alpari yet. All fixes are in the corrections log.

Accounts and platforms

Account typesMicroStandardECNPro ECN
PlatformsMT4MT5
Lowest spread0.0Advertised minimum on Pro ECN; Micro from 1.5
Commission$2.5 per lotCommission as stated on the page (see quote for unit)
Min deposit$30Micro. Standard $100, ECN $300, Pro ECN $500
Max leverage1:3000ECN & Pro ECN. Micro 1:500

Alpari: questions and answers

Which licences does Alpari name?

We can't tell you whether to trust a broker. Here is what public sources show. Alpari names licences from MISA Mohéli. None of these were found on a regulator's register by our automatic checks. Always check the regulator's register yourself.

Is Alpari regulated by the FSCA?

We didn't find an FSCA licence (FSP number) for Alpari.

Are there regulator warnings about Alpari?

We found no warning about Alpari itself on the lists we check (FSCA, FCA, CySEC, AMF, ASIC, CONSOB, CSA).

What is Alpari's Trustpilot rating?

We haven't recorded a Trustpilot score for Alpari yet.

What is the minimum deposit at Alpari?

$30 (Micro. Standard $100, ECN $300, Pro ECN $500), as published by Alpari.

Facts from public sources, not advice. We don't rate or recommend brokers.

Trader reviews of Alpari

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Reviews are moderated. No links, phone numbers or "fund recovery" offers. Those are a common scam. Reviews are traders' own views, not ours, and not advice.