Alpari Group

What Alpari Group does

Alpari Group (operating as Parlance Trading Ltd) is a privately held retail forex and CFDs broker founded in 1998 and incorporated in the Comoros Union, licensed by the Mwali International Services Authority under license T2023236. The company operates a single core technology stack built on MetaQuotes' MetaTrader 4 and MetaTrader 5 platforms, delivered via desktop, web, and the proprietary Alpari Trader mobile application. It serves a claimed 1 million+ retail client base across jurisdictions outside the USA, Japan, Canada, the EU, and the UK, offering 750+ tradable instruments spanning forex, commodities, metals, indices, stocks, ETFs, futures, crosses, and cryptocurrency CFDs.

The business is structured around four retail account tiers — Micro ($30 minimum), Standard ($100), ECN ($200), and Pro ECN ($500) — with execution via market orders, leverage up to 1:3000, and a hybrid pricing model combining spreads (from 0.0 pips) on commission-free accounts and per-lot commissions ($2.5/lot FX) on Pro ECN. Additional monetization comes from overnight swap fees, an IB rebate programme, and a tiered Alpari Rewards loyalty system (Entry through VIP-Master) where Reward Points convert to cash at 500 points per $1. The PAMM (Percentage Allocation Management Module) service creates a managed-account layer where investors follow experienced traders and pay performance/management fees.

Alpari's go-to-market combines product-led growth (self-serve online signup, practice/demo accounts) with a channel-partner motion via the Introducing Broker programme, supplemented by content marketing through market analysis and email newsletters. The firm has no disclosed revenue, funding, M&A, or audited financials in the available data, and operates without tier-1 regulatory authorization, relying instead on its offshore Comoros license and 25+ year brand presence in retail FX markets.

Name

Alpari Group

Legal name

Parlance Trading Ltd

Website

https://alpari.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Alpari Group is a privately held retail forex and CFDs broker operating since 1998 under Parlance Trading Ltd in the Comoros Union, offering MetaTrader 4/5 platform access to 750+ instruments for 1 million+ clients across non-EU, non-UK, non-US jurisdictions.

Ownership category

akta.pro rank

Product category

Retail Forex and CFD Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Independent Broker-Dealers (Retail Network) (FSAAAAAC)

Keywords

• Forex trading
• CFD brokerage
• Online trading platforms
• Retail broker services
• Financial market trading

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Marketing or Sales, Personnel, Infrastructure, Others

Revenue model

1. Trading Commissions: Commission-based revenue on Pro ECN accounts: $2.5 per lot traded on FX, $18 per million notional on Spot Metals, $25 per million notional on Index CFDs and Commodity CFDs, 0.03% on cryptocurrency CFDs, $0.02 per side/lot on Stock CFDs, $0.01 per side/lot on ETF CFDs.
2. Spreads Revenue: Revenue generated from the bid-ask spread difference. Spreads start from 0.0 pips on major forex pairs. Standard and ECN accounts have zero commission but wider spreads.
3. Swap/Overnight Fees: Interest charged or earned for holding positions overnight. Swap-Free option available with daily allowance before fees apply.
4. Partner Rebate Programs: IB partners earn rebates from client trading activity. IBs can create customized reward distribution programs.
5. Rewards Redemption: Reward Points earned through trading can be redeemed for cash at fixed rate of 500 bonus points = $1.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Alpari Group is a global forex and CFDs broker that provides online trading access to over 750 instruments across Forex, Commodities, Metals, Indices, Stocks, Cryptocurrencies, ETFs, Futures CFDs, and Crosses CFDs through MetaTrader 4, MetaTrader 5, and the Alpari Trader mobile app. It offers multiple account tiers (Micro, Standard, ECN, Pro ECN, Practice) with spreads from 0.0 pips, leverage up to 1:3000, PAMM managed-account investing, a tiered Rewards loyalty programme, and an Introducing Broker partnership programme.

Product overview

Alpari Group is a global forex and CFDs broker offering a multi-platform trading ecosystem centered on MetaTrader 4 and MetaTrader 5 platforms (available on desktop and mobile via the Alpari Trader App). The core offering spans multiple account types—Micro, Standard, ECN, and Pro ECN—designed to serve beginners through professional traders, with account minimums ranging from $30 to $500. Traders access over 750 instruments including forex, commodities, metals, indices, stocks, cryptocurrencies, ETFs, futures CFDs, and crosses CFDs. The product portfolio extends to PAMM (Percentage Allocation Management Module) investing for following experienced traders, the Alpari Rewards loyalty programme with tiered status levels, Pro Trading Tools integrating third-party solutions (Trading Central and FX Blue), and an Introducing Broker partnership programme with rebate sharing. The company emphasizes low spreads from 0.0, leverage up to 1:3000, swap-free account options for Islamic finance compliance, and an Economic Calendar for market analysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Alpari Trading Platforms (MetaTrader 4 & MetaTrader 5)

Quantifiable outcome

• Spreads from 0.0 pips on major forex pairs
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• MetaQuotes (MetaTrader)coreTechnology or IntegrationAlpari offers trading through MetaTrader 4 and MetaTrader 5 platforms developed by MetaQuotes Software Corp. These are the primary trading platforms used by clients to access forex, CFDs, and other instruments.
• Trading CentralcoreTechnology or IntegrationTrading Central provides award-winning charts, indicators, and market insights available through Alpari's Pro Trading Tools. Offers technical analysis and trading signals.
• FX BluesupportingTechnology or IntegrationFX Blue provides advanced trading tools and analytics integrated into MetaTrader platforms. Part of Alpari's Pro Trading Tools suite.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• XM (Trading Point): XM is a globally operating forex/CFD broker with MT4/MT5, micro/standard accounts, IB partner programs, and bonus promotions—nearly identical GTM and product footprint to Alpari, including emerging-market focus.
• Tickmill: Tickmill is a UK/Cyprus-regulated forex/CFD broker with MT4/MT5, Pro/Classic/VIP account tiers, and tight-spread ECN execution. Comparable on platform choice, account structure, and multi-asset CFD offering.
• HF Markets (HotForex): HF Markets is a global multi-regulated forex/CFD broker with MT4/MT5, multiple account tiers, copy trading (PAMM equivalent), and IB programs. Overlaps with Alpari on platform, accounts, partner program, and emerging-market focus.
• FXTM (ForexTime): FXTM is a Cyprus-origin but globally operating forex/CFD broker offering MT4/MT5, multiple account types, and PAMM-style copy trading—overlapping Alpari's product set and customer targeting.
• RoboForex: RoboForex is a global forex/CFD broker offering MT4/MT5/RoboTrader platforms, Pro/ECN/Prime accounts, and copy-trading services. Direct competitor with similar account structure, instruments, and partner programs.
• IC Markets: IC Markets is a global ECN forex/CFD broker offering MT4/MT5 platforms, tight spreads from 0.0 pips, and 1,000+ instruments. Direct head-to-head competitor targeting the same retail and IB partner segments across emerging and offshore-friendly markets.
• Pepperstone: Pepperstone is an Australia-based MT4/MT5/cTrader forex and CFD broker serving retail traders globally with ECN pricing and similar account tiers. Comparable on product breadth, platform stack, and multi-account structure.
• Exness: Exness is a global multi-asset broker offering forex, metals, crypto, and CFDs through MT4/MT5 with Pro/Standard/ECN account tiers. Comparable in scale (large retail client base) and emerging-market distribution.

Broad incumbents

• FXCM: FXCM is a long-established global forex/CFD broker offering MT4 and proprietary Trading Station platforms with institutional and retail services. Comparable on multi-platform offering and broad instrument coverage but with stronger regulatory footprint.
• OANDA: OANDA is a globally regulated forex/CFD broker with multi-platform offering (MT4, proprietary), institutional and retail services, and 25+ years of history. Comparable heritage and asset-class breadth, but with stronger developed-market regulation than Alpari.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/AlpariUKForex
• Facebookfacebook.com/forexuk
• LinkedInlinkedin.com/company/fidelman

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpari Group