Company History & Development
Alpari was founded in 1998 in Russia and, in a short period of time, managed to establish itself as one of the leading forex brokers in the world. By offering advanced trading platforms, reputable regulatory bodies, and favourable conditions for traders, this broker has become one of the main choices for traders around the world, especially Iranian traders. In addition to forex, Alpari also provides services such as trading precious metals, oil, commodities, indices, and cryptocurrencies.
- 1998: Founded in Kazan, Russia by Andrey Dashin.
- 2006: Alpari (UK) Ltd receives authorisation from the UK Financial Services Authority (FSA) to offer FX/CFD services.
- 2013: The Cyprus branch (licensed under CySEC) is voluntarily closed.
- 2015: The Swiss Franc market shock leads to Alpari (UK) entering insolvency; its FCA license is cancelled. The same year, Alpari’s US NFA membership was revoked.
- 2016–2019: Alpari Eurasia Ltd joins Belarus’s NBRB forex registry; meanwhile, a Russian entity briefly operated under the Central Bank of Russia license until 2019.
- 2020–2025: Operates under the Exinity Group alongside FXTM.
- 2025: The Alpari brand officially transitions to Parlance Trading Ltd in Comoros under MISA regulation.
Legal & Regulatory Compliance
Alpari is an established global forex and CFD broker, founded in 1998 by Andrey Dashin. With more than one million clients across 150+ countries, it operates internationally through Parlance Trading Ltd, a company registered in the Comoros Union (Registration No. HY00423015) and licensed by the Mwali International Services Authority (MISA) under license T2023236.
All client funds are kept in segregated accounts with reputable banks. The broker explicitly does not offer services to residents of restricted jurisdictions such as the United States, the European Union, Japan, or Australia.
Legal Entity
- Registered Name: Parlance Trading Ltd
- Address: Bonovo Road – Fomboni, Island of Mohéli, Comoros Union
- License Type: International Brokerage and Clearing Company
- License Number: T2023236
- Regulator: Mwali International Services Authority (MISA)
Alpari’s current operation does not fall under FCA, CySEC, or ASIC regulation. Historically, Alpari International operated under Exinity Ltd (licensed by the Mauritius FSC, License No. C113012295). In July 2025, the Alpari brand was fully separated from Exinity and continued its global operations under Parlance Trading Ltd (Comoros).
Global Presence & Offices
The broker’s registered headquarters are located in Fomboni, Mohéli, Comoros, with an additional listing as an overseas entity in Gibraltar (Company No. OE021237).
Historically, Alpari has maintained offices and licenses in Russia, Cyprus, the United Kingdom, and Belarus—including a CySEC license (CIF 129/10) from 2010–2013 and a UK FSA/FCA license until 2015. These entities were later restructured to align with evolving regulations.
Alpari Trading Platforms
Alpari supports the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are among the most recognised platforms in the forex industry. These platforms provide traders with a wide range of features, including technical and fundamental analysis tools, fast order execution, and advanced functionalities.
- MetaTrader 4 (MT4)
- The MT4 platform is one of the most popular choices for beginners due to its simplicity and speed. It offers features such as live charts, technical indicators, and the ability to use Expert Advisors (EAs).
- MetaTrader 5 (MT5)
- MT5 is a more advanced version of MT4 and provides enhanced features such as deeper analytical tools, support for more markets, and faster execution. This platform is suitable for professional traders who need more advanced tools.
Types of Alpari Accounts
Alpari offers several types of trading accounts, each designed to meet the specific needs of different traders. These accounts are suitable for both beginners and professionals.
Micro Account (Nano Account)
The Micro account is specially designed for beginners who want to enter the trading world at the lowest cost. Main features include:
● Fixed leverage 1:500
● Fast execution
● Minimum deposit: $/€ 30
● Trading on various symbols, including Brent oil, WTI, natural gas, U.S. Dollar Index (USDInd)
This account is ideal for those who want to start trading with minimal capital and test their strategies with lower risk.
Standard Account
The Standard account is designed for beginner traders. Key features include:
● Spread: from 0.3
● Leverage: up to 1:1000
● Minimum deposit: $/€ 100 (MT4) and $/€ 100 (MT5)
● Order execution: market execution
This account is suitable for traders who are new to forex and want to enter the market with lower costs and lower risk.
ECN Account
The ECN account is designed for professional traders seeking better trading conditions. Features include:
● Spread: from 0.1
● Commission: zero
● Order execution: market execution
● Minimum deposit: $/€ 300
● Leverage: up to 1:3000
This account is recommended for traders looking for more precise and faster trades.
PRO ECN Account
The PRO ECN account is designed for professional traders who need advanced trading conditions. Features include:
● Spread: from 0.0
● Commission: Forex: $2.5 per traded lot
● Order execution: market execution
● Minimum deposit: $/€ 500
● Leverage: up to 1:3000
The New Version of the Alpari User Area
The new version of the Alpari user area has been specifically designed to improve user experience, increase trading speed, and provide more advanced tools. This version is structured in a way that is suitable for both beginner and professional traders. In this new version, Alpari has aimed to make trading processes simpler, more accurate, and more efficient. In this section, we examine the different parts of this new version.
Home Section
In the new version of the Alpari user area, the Home section is designed to allow users to access all essential trading account information at a glance. This section is specially created for traders who want to monitor their account status instantly and enter trades with better clarity.
Features of the Home Section:
● Open positions: View and analyse the status of ongoing trades.
● Account balance: Display of the current account balance, allowing you to always stay aware of your financial status.
● Real-time profit and loss: Monitor ongoing profit and loss changes for your trades.
● Free Margin: Display of available free margin for opening new trades.
● Margin Level: View the percentage of margin level and receive warnings when approaching the minimum margin requirement.
This section helps you always manage your trades with full awareness of your account status and existing risks, allowing you to make better decisions.
Market Sentiment
In this part of the Home section, you can view market sentiment for the most actively traded symbols over the past 24 hours. This section allows you to understand how other Alpari traders feel about the market and analyse market trends more accurately. This information helps you make smarter decisions and gain a broader perspective of the market.
Quick Access to the App and Platforms
In the new version of the Alpari platform, quick access to mobile applications and trading platforms is provided. Through this, users can easily:
● Download the Alpari mobile app and benefit from its features.
● Access MetaTrader 4 and MetaTrader 5 platforms directly from this section.
This section brings together all the essential tools a trader needs in one organised place, offering a fast and user-friendly experience.
Market Trends (Trending Symbols)
In the Market Trends or Trending Symbols section, you can see in real time which symbols are attracting the most attention from traders and in which direction they are moving. This section is a useful tool for those looking to confirm market trends or discover new trading opportunities. With this feature, you can enter the market with more accurate information and make better trading decisions.
Funds Section
In the Funds section of the Alpari platform, users can easily deposit and withdraw their funds and also review their transaction history. This section allows users to quickly and securely perform financial transactions according to their preferred method. It provides all the necessary options to help you manage your transactions conveniently and stay informed about the financial status of your account.
Trading Section
By entering the Trading section, you access Alpari’s central trade management hub, where all the tools needed for professional trade management are gathered in one place. This section is specially designed for traders who want all essential information and position-management tools available instantly and accurately.
Key Account Information:
At the top of the page, the current balance, trade profit and loss, free margin, and margin level are displayed in real time. This information helps you stay aware of your account’s risk status and make better decisions.
Open Positions Section
In this part, you can view the complete list of your active trades. For each trade, the following details are displayed:
● Trading instrument
● Trade volume
● Opening price
● Current price
● Real-time profit/loss
● Trade status (buy or sell)
This information is updated instantly and helps you always know the status of each trade and where you stand.
Order Confirmation Message
When an order is submitted, a green message appears on the screen confirming your order, allowing you to immediately view the details of the executed trade.
Closed Trades Section
This section keeps a history of all your closed trades. Here you can view entry and exit prices as well as the profit or loss of each trade. This information helps you evaluate your performance and make better decisions in the future.
Pending Orders
If you have placed orders that are not yet active, you can view them in this section and monitor their status.
Balance History
In this section, you have access to your full trading history. Using this information, you can evaluate your performance across different time periods and analyse your profits and losses. This tool helps you make more informed decisions for your future trades.
Overall, the Trading section is a fully optimised space that provides all the tools needed to analyse, manage, and monitor positions. This section is suitable for all traders—from beginners to professionals—because all information and tools are presented accurately and in a user-friendly format.
Alpari Hub Section
The Hub section is one of the main parts of the new version of Alpari’s user area, specifically designed to provide up-to-date data, analyses, rewards, and bonuses. This section helps you perform more updated market analyses and make more informed trading decisions using accurate data and advanced tools. In this section, all the necessary tools for analysis, monitoring, and managing positions are integrated in one place.
Data and Analyses
The first part of the Hub section is dedicated to up-to-date market data and analyses. This section is designed to help you make faster and more accurate trading decisions. All real-time market information and essential analyses needed for better trade management are available here.
Signal Centre
Continuing in the data and analyses section, we reach the Signal Centre. In this part, you can access real-time trading signals for various symbols. These signals include forex pairs, commodities, indices, and cryptocurrencies. For each signal, detailed information is provided, such as:
● Signal release time
● Expiration date or signal validity duration
● Entry Point
● Take Profit
● Stop Loss
These signals are provided by the reputable company Acuity and are based on real-time analysis, macroeconomic data, and market sentiment analytics. This section is extremely valuable for traders who want to base their decisions on accurate and updated data.
Economic Calendar
In this section, you can access all major global economic news in real time. The economic calendar is designed dynamically and shows the impact of each news event on the market. Features include:
● Display of the news impact on the market in three levels (high, medium, low)
● Showing the exact release time of each economic news event
● Ability to view the details of each event with a single click
This section helps traders understand the effect of news on the market and make timely decisions.
News
In this section, you have access to collections of the most important financial and economic news from around the world, updated instantly and free of charge. With this feature, you can monitor market changes and impactful news directly from within the Alpari platform. This news helps you react faster to market shifts and stay informed about global developments.
Insights
The Insights section, powered by Trading Central, gives you access to visual analyses and market data. In this part, detailed analyses of market sentiment changes, price trends, and macroeconomic news are provided. This tool is especially useful for traders looking to identify market opportunities and make more precise decisions.
Professional Trading Tools
In the professional trading tools section, Alpari provides a collection of advanced analytical tools such as Trading Central and FX Blue, free of charge. These tools are designed for chart analysis and identifying trading opportunities, helping you make your trading decisions with greater accuracy.
Bonuses and Loyalty Program
In the Hub section, you have access to a new and advanced rewards system, where you earn points for every trade you make, whether opening or closing a position. This system is designed not only to encourage you to be more active in the market but also to allow you to convert your earned points into real, withdrawable cash rewards.
How Do You Receive Rewards?
With every trade, you earn two types of points:
- Tier Points:
- These points are used to upgrade your rank within the loyalty program.
- Reward Points:
- These points can be converted into cash and deposited into your trading account.
The number of points you earn depends on your loyalty level. The higher your level, the more points you earn for the same trade volume.
Viewing Points for Each Instrument
To view the number of reward points assigned to each instrument in the user area:
- Go to the Rewards section, and in the first level, opposite Tier Points, you will find a link titled “Earn Tier Points.”
- By clicking this link, you will see the details of points earned for each instrument.
- Each instrument has its own category, and for every trade (opening and closing a position), a specific number of points is granted.
These points are calculated in real time—meaning for every opened or closed position, points are immediately added to your account.
Real Example of Reward Calculation
Suppose you are a trader with VIP level and you open a 1-lot trade on oil. Normally, this trade generates 520 Tier Points. But in the VIP level, the reward multiplier is ×2. Therefore:
520 × 2 = 1,040 reward points are credited to your account.
Loyalty Program Levels
Alpari’s loyalty program includes 7 levels:
- Entry
- Bronze
- Silver
- Gold
- VIP
- VIP Expert
- VIP Master
The higher your level, the faster you earn points, and the more valuable the rewards become.
Key features of this system:
● You can convert your reward points into cash at any time, without limitations on amount or date.
● Every 500 points equals 1 USD.
● The converted amount is deposited directly into your trading account and is withdrawable or usable in new trades.
With every trade you make, you move one step closer to a higher level and greater rewards. At Alpari, your loyalty is valuable—and now you can convert it into real profit.
Refer a Friend
In the Alpari “Refer a Friend” program, you have the opportunity to earn cash rewards and tier points by inviting your friends. This program allows you to earn rewards based on the trading activity of the friends you invite. In this section, the steps and conditions for receiving the reward are explained in full.
Conditions for Receiving Rewards
To receive rewards in this program, your friend must meet the following requirements:
● Enter your referral code in the designated field before making the first deposit.
● Earn at least 2,000 Tier Points for the initial reward and 20,000 points for the maximum reward. This is equal to a minimum of 10 lots on gold and a maximum of 100 lots on gold.
● Make a minimum deposit of 500 USD within 14 days of entering the referral code.
● Start trading within 10 days after making the deposit.
Rewards
● Referrer: Depending on the activity of the referred friend, you can receive up to 50,000 points (equivalent to 100 USD).
● Referee (friend): Depending on trading volume, the friend can receive up to 250,000 points (equivalent to 500 USD).
All instruments that generate Tier Points are included in this program.
Using the Referral Code
- To view your referral code, go to the “Refer a Friend” page in the Hub section.
- Give this code to your friend so they can register using it.
- Your friend must enter your code in the Promo Code field before making the first deposit.
- After making the deposit, your friend can view their referral reward in the Rewards section of the Hub.
In this program:
● The referred friend can receive up to 500 USD in rewards.
● The referrer can earn up to 100 USD per friend, depending on their deposit or trading activity.
This program helps you increase your earnings by inviting new traders to Alpari while benefiting from their trading activity.
Swap-Free Accounts
Alpari allows its users to benefit from Swap-Free (no overnight interest) accounts. These accounts are suitable for those who want to avoid paying overnight swap fees.
1. Standard Swap-Free Version
Clients in Entry, Bronze, and Silver levels can automatically upgrade to the standard version of Swap-Free accounts. This version includes:
● Major currency pairs (like EUR/USD) swap-free for up to 3 days
● Precious metals (such as gold and silver) swap-free for up to 3 days
● Bitcoin and Ethereum swap-free for 1 day only
2. Advanced Swap-Free Version
Clients in Gold, VIP, VIP Expert, and VIP Master levels are automatically upgraded to the advanced Swap-Free version, which offers greater benefits:
● Major currency pairs and metals swap-free for up to 30 days
● Brent oil and crude oil swap-free for up to 3 days
● Bitcoin and Ethereum swap-free for up to 3 days
To reach the Gold level, a trader must trade at least 500 lots on gold or 1,000 lots on major pairs.
Final Words
With advanced trading platforms, various account types, and diverse features in its new version, Alpari fully meets the needs of different traders. Through continuous updates and advanced analytical tools, this broker provides professional and reliable trading conditions for its users. The Micro account, real-time trading signals, and analytical tools such as Trading Central and FX Blue are standout features of this platform that elevate the trading experience to a new level.




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