Parlance Trading Ltd
Primary
KM
Registration not shown
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1 entity
1 account
unverified
Broker profile
AL
Alpari Review: Is It Legit and Regulated?
Parlance Trading Ltd
KM
Since 1998
FindMyFX score
critical risk3.8/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-21
Contact & regulation
- Official website
- alpari.com
- Address
- Not verified
- Contact
- Not verified
- Primary license
- MISA · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Alpari legit and regulated?
FindMyFX has license records for Alpari, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Alpari is an online forex and CFD brand currently identifying Parlance Trading Ltd as its operating company.
Professional broker overview
FindMyFX editorial summary
Alpari's current website identifies Parlance Trading Ltd under number T2023236 and offers MetaTrader account types including Standard, ECN and Pro ECN. Official account pages show account-specific deposits and commissions, but the cited Mwali licence was not independently matched to a current regulator register entry during this review.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: Account minimums vary across official pages and account types; the Mwali licence status remains imported as partially verified pending staff review.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Not verified
- Support hours
- Not verified
Documented advantages
- Official pages publish separate Standard and Pro ECN account information.
Documented limitations
- A current regulator register entry for T2023236 was not independently opened.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Trading access
Account types
Available account structures and their current verification state.
Standard
unverified- Deposit
- USD 100.00
- Leverage
- Not shown
Commission-free forex trading
- Spread
- Not shown
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
Commodities
unverified
Cryptocurrencies
unverified
Forex
unverified
Indices
unverified
Metals
unverified
Stocks
unverified
Licenses and regulators
MISA
T2023236
Last verified: Not shown
Type: International brokerage and clearing authorization
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Score components
Regulation and licenses
5.0/10 · 35%Mwali licence is broker-disclosed but not independently matched.
Security and track record
2.5/10 · 20%No current statutory protection or incident record was established.
Trading conditions
5.0/10 · 15%Account details are published but minimums vary by page.
Company transparency
5.0/10 · 10%The operator and licence number are disclosed.
Service quality
2.5/10 · 10%Help pages exist; service outcomes are unverified.
Verified user reviews
0.0/10 · 10%No verified user-review data from an inspectable authoritative source was found.
Profile update history
Broker profile was published.
2026-07-20
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.