Alpari regulation & licences
Licences on record 3
3 Tier 3 — moderate regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
Alpari is a forex & CFD broker founded in 1998 and headquartered in Mauritius.
In our database Alpari is matched to 3 licences from FSC (MU), FSA (Seychelles) and MISA. None of its licences is from a tier-1 or tier-2 regulator; the strongest, from the FSC (MU), is a tier-3 licence with limited retail protection.
None of the regulators we have matched to Alpari operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength.
Alpari supports MT4 and MT5. The advertised minimum deposit starts from about US$5 — minimums often vary by account type and entity.
Regulatory strengths
- Operating for about 28 years
Points to check
- Only offshore licences on record — limited recourse and no compensation
- No statutory compensation scheme at any matched regulator
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 3 FSC (MU) | No compensation scheme | No statutory cap | Not a regulatory requirement | Office of the Ombudsperson for Financial Services |
| 4 FSA (Seychelles) | No compensation scheme | No statutory cap | Not a regulatory requirement | FSA Seychelles |
| 4 MISA | No compensation scheme | No statutory cap | Not a regulatory requirement | None |
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Alpari regulation FAQ
Is Alpari regulated?
Yes — in our database Alpari is matched to 3 licences: FSC (MU) (Mauritius), FSA (Seychelles) (Seychelles) and MISA (Comoros (Mohéli)). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is Alpari a tier-1 regulated broker?
No. None of the licences we have matched to Alpari is from a tier-1 regulator. Its strongest licence is tier 3.
Does Alpari accept US clients?
Alpari is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Alpari generally cannot accept US retail forex clients.
Is my money protected with Alpari?
None of the regulators matched to Alpari in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.
What is the minimum deposit at Alpari?
Alpari's advertised minimum deposit starts from about US$5. It can differ by account type, payment method and the entity you are onboarded to.
How can I verify Alpari's licence?
Find the company name and licence number in Alpari's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.