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Global FX Broker Transparency & Rating

Sources auditable

Alpari

Risk warning Forex and CFDs are traded on leverage. Losses can build quickly, and if the contracting entity offers no negative balance protection, they can exceed the money you deposit. UK rules (FCA PS19/18) require CFD providers to state the percentage of their retail accounts that lose money. Check that figure on the website of the entity you would actually sign with. The FXCN score summarises records that can be checked. It is not investment advice or a recommendation to open an account.

Checking a firm from India or the US

In India, the RBI Alert List names platforms that are not authorised to deal in forex under FEMA. In the US, an RFED, the firm that is the counterparty to retail forex trades, must be registered and be an NFA member. You can look a firm up in NFA BASIC.

Sources, checked 25 Oct 2026: FCA PS19/18 · RBI Alert List · NFA: RFED registration · NFA BASIC

HeadquartersSt. Vincent & Grenadines Founded1998 Regulatory licenses1 Websitealpari.com

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What this broker record establishes

Alpari is a long-running FX brand that has operated under different regional entities over time. Users should confirm the current service entity, regulatory status, product scope, fund protection and avoid confusing current entities with old events.

Identify the onboarding entity from these records before applying the score or any client protection to an account.

Entity and licence routes

The SVG-FSA record in St. Vincent & Grenadines is marked Unverified under identifier 20389. FXCN has not recorded the legal entity for this relationship.

Why this score?

5 dimensions · open algorithm

Regulation w = 0.3

52.0 15.6 pts

Risk control w = 0.2 · not assessed (base 50)

50.0 10.0 pts

Transparency w = 0.2

20.0 4.0 pts

Reputation w = 0.2 · not assessed (base 50)

50.0 10.0 pts

Disclosure w = 0.1 · not assessed (base 50)

50.0 5.0 pts

Assessment coverage 2/5 · These dimensions lack sufficient public data and stay at the base 50, excluded from downgrade checks: Risk control、Reputation、Disclosure

Facts marked ↗ link to a public source; the rest are internally verified, evidence link pending Methodology Updated at: 2026-08-30 17:07

Regulatory licenses

1 on record

SVG-FSA T3

Unverified

St. Vincent & Grenadines

Identifier20389

Verified 2026-05-25

Company profile

Structure · Ownership · Listing

Trading platforms: MetaTrader 5 MetaTrader 4

Score evidence trail

3 scoring facts

Regulation	+/−	Reason	Evidence
Regulation	+2.0	Tier 3 licence from SVG-FSA offshore; verification pending (REG_LIC_SVG-FSA)	evidence pending
Transparency	-30.0	Offshore registration with remote operations; ownership is less transparent (TRANS_HQ_OFFSHORE)	evidence pending
Reputation	+0.0	Insufficient user reviews (0) for assessment (REP_INSUFFICIENT)	evidence pending

Time Machine

2026-05-01 12:42 · score_change

Score changed

2026-05-06 10:42 ·

2026-05-15 23:42 ·

2026-05-01 12:42 · score_change

Score changed

2026-05-06 10:42 ·

2026-05-15 23:42 ·

2026-05-01 12:42 · score_change

Score changed

2026-05-06 10:42 ·

2026-05-15 23:42 ·

AI editor brief

FXCN risk summary

For Alpari, the key question is which company currently serves you. With complex brand history, rely on client agreements and regulator registers.

Generated by AI from structured facts above. All sources are linked under "Why this score".

Frequently Asked Questions

Which authorities regulate Alpari?

FXCN has no record of an active regulatory licence for Alpari. Treat any platform soliciting deposits under this name with extreme caution and verify it with our scam-check tool first.

When was Alpari founded and where is it based?

Alpari was founded in 1998 and is headquartered in St. Vincent & Grenadines.

Which scoring dimensions has FXCN actually assessed for Alpari?

The FXCN score combines 5 weighted dimensions: Regulation 30%, Risk control 20%, Transparency 20%, Reputation 20%, Disclosure 10%. As of 2026-08-16, 2/5 dimensions have enough public data to assess; not yet assessed: Risk control, Reputation, Disclosure. Unassessed dimensions stay at the base score of 50 — they neither add points nor trigger the "any dimension too low" downgrade. We would rather flag a gap than fill it with a guess. Every individual point adjustment is listed in the evidence table above. Methodology

User reviews

No reviews yet.

Evidence-based options

Brokers sharing a regulator appear first, followed by alternatives in the same headquarters jurisdiction and risk band. Every relationship comes from structured FXCN data; nothing is random.