Alpari vs CFI: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAlpariCFI
Licence Score36Weak51Moderate
Strongest licence 3 Tier 3 2 Tier 2
Licences on record34
2 CySEC Cyprus —Licensed
3 FSC (MU) Mauritius LicensedLicensed
4 FSA (Seychelles) Seychelles LicensedLicensed
4 VFSC Vanuatu —Licensed
4 MISA Comoros (Mohéli) Licensed—
Founded19981998
HeadquartersMauritiusCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, MT5, Proprietary
Minimum depositUS$5No minimum
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Frequently asked questions

Is Alpari or CFI better regulated?

CFI has the higher Licence Score (51 vs 36), based on the number and tier of licences, operating history and public listing.

Which regulators license both Alpari and CFI?

Both are matched to licences from FSC (MU) and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.