Alpari

Alpari began operating in 1998 and became one of the best-known forex brands across the CIS, the Middle East and Asia. A notable episode in its history was the insolvency of its UK arm, Alpari UK, in January 2015 following the Swiss franc shock; the international business continued through separate entities.

Today Alpari International operates under a licence from the Mwali International Services Authority (MISA) in the Union of the Comoros, number T2023236. This is an offshore framework that does not offer protections comparable to the FCA or CySEC, so counterparty risk deserves attention.

Alpari offers commission-free Standard accounts and ECN / Pro ECN accounts with tighter spreads plus commission. Minimum deposits vary by account type, and leverage of up to 1:3000 is advertised, automatically reduced around major news and before weekends. Trading runs on MT4, MT5 and a proprietary app, and an investment/strategy-copying service is available.

A Persian-language website and Persian-speaking support make Alpari accessible to Farsi speakers. Funding is supported via cards, e-wallets and crypto. Users should note that local-language support does not imply strong regulatory coverage.