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Alpari in Pakistan — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
Key facts (6 facts)
- Onboarding entity
- Parlance Trading Ltd
- Founded
- 1998
- Retail leverage
- 3000PK
- Round turn
- 19 USDPK
- Currencies
- USD, EUR, GBP, CZK; NGN reserved for Nigerian clients only.
- Swap-free account
- no
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with AlpariThe broker's own website. Not a partner link — we earn nothing from it.
Taxes for a Pakistani resident(1 rule)
- Forex/derivatives trading profit for residents is generally taxed as income;https://alpari.com
Not tax advice. Check with the Federal Board of Revenue.
Who actually onboards you
- Entity that onboards Pakistan residents
- Parlance Trading Ltd
- Local standing
- Offshore Tier-3 (Comoros MISA); not SECP-authorised. SECP warns against unlicensed forex brokers and sending remittances abroad for speculative FX is generally prohibited.
- Licence as the register states it
- Held under Comoros MISA licence T2023236; no SECP (Securities and Exchange Commission of Pakistan) licence.
- Leverage for this entity
- Up to 1:3000 on forex/metals offshore (some listings cite up to 1:1000 for PK); not capped by a local regulator.
- The firm behind it
- Alpari brand founded 1998 (Russian origin); one of the oldest retail forex names, now run offshore by Parlance Trading Ltd with 1M+ claimed clients.
- What we hold against it
- Offshore Tier-3 regulation; SECP forex-broker warnings and FX-remittance rules create local legal risk.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore Tier-3 (Comoros MISA); not SECP-authorised. SECP warns against unlicensed forex brokers and sending remittances abroad for speculative FX is generally prohibited.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against Pakistan market median(priced from 36 of 62)
Medians run over the 36 of 62 brokers that publish a price for Pakistan, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Micro (from USD 30, MT4 only), Standard (USD 100), ECN (USD 300), Pro ECN (USD 500). The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (3 methods · 0 local rails)
No verified local PKR rail at review;
- Cards
- Wire
- E-wallets in USD
- Account currency
- USD, EUR, GBP, CZK; NGN reserved for Nigerian clients only.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(10 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MetaTrader 4
- MetaTrader 5
- Alpari mobile app
Identical for every row: Min spread 1.2 · Leverage 3000 PK.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.8 | — |
Share of reviewers in Pakistan: — The platform does not publish it.
Pros and cons(2 for and 7 against, each tied to a figure on this page)
- Track record 100 of 100, its strongest of 6 scored axes
- 3 platforms: MetaTrader 4, MetaTrader 5, Alpari mobile app
- Round turn 19 USD on the standard basis, over the Pakistan median 7
- No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- Min deposit 30 USD, over the Pakistan median 7.5
- Withdrawal in 48 h, over the Pakistan median 24
- The published 1:3000 comes from the group's offshore entity, not from the Pakistan one
- Safety 0 of 100, its weakest of 6 scored axes
Where Alpari sits in the Pakistan base(62 brokers)
Round-turn cost, USD (36 of 62 priced)
Median 7 USD · range 3-19 · this broker 19 USD · 26 of 62 brokers do not publish it
Minimum deposit, USD (16 of 62 priced)
Median 7.5 USD · range 0-237.2 · this broker 30 USD · 46 of 62 brokers do not publish it
Retail leverage (34 of 62 with a Pakistan figure)
Median 1:750 · range 50-5000 · this broker 1:3000 · 28 of 62 brokers do not publish it
Withdrawal time published (62 brokers)
Alternatives in Pakistan(6 of 62 scored in Pakistan)
- Round turn, USD
- 16PK
- Min deposit, USD
- 25 groupPK
- Leverage
- 1000 group
- Rank in this country
- #13
- Round turn, USD
- 5PK
- Min deposit, USD
- 10PK
- Leverage
- 2000PK
- Rank in this country
- #4
- Round turn, USD
- 8PK
- Min deposit, USD
- 10 groupPK
- Leverage
- 200PK
- Rank in this country
- #8
- Round turn, USD
- 9PK
- Min deposit, USD
- 10 groupPK
- Leverage
- 3000PK
- Rank in this country
- #16
- Round turn, USD
- 11PK
- Min deposit, USD
- 50 groupPK
- Leverage
- 500PK
- Rank in this country
- #26
- Round turn, USD
- 13.5PK
- Min deposit, USD
- 0PK
- Leverage
- 500PK
- Rank in this country
- #9
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Pakistan score. Full methodology
| Axis | Weight | What is measured | Alpari |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 40 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 30 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Alpari accept residents of Pakistan?
- No. Offshore Tier-3 (Comoros MISA); not SECP-authorised. SECP warns against unlicensed forex brokers and sending remittances abroad for speculative FX is generally prohibited. Onboarding entity: Parlance Trading Ltd
- Is Alpari licensed to serve clients in Pakistan?
- Held under Comoros MISA licence T2023236; no SECP (Securities and Exchange Commission of Pakistan) licence. Checked on 09.07.2026.
- How much does one round turn cost at Alpari?
- About 19.0 USD per standard lot on EUR/USD. The median across brokers measured for Pakistan is 7.0 USD.
- What leverage does Alpari offer to retail clients in Pakistan?
- Up to 1:3000. Up to 1:3000 on forex/metals offshore (some listings cite up to 1:1000 for PK); not capped by a local regulator.
- Which trading platforms does Alpari support?
- MetaTrader 4, MetaTrader 5, Alpari mobile app. Instruments: 750+ instruments: forex, metals, indices, commodities, share CFDs and crypto CFDs.
- How can I withdraw money from Alpari in Pakistan?
- No verified local PKR rail at review; cards, wire and e-wallets in USD.
- What account types does Alpari offer?
- Micro (from USD 30, MT4 only), Standard (USD 100), ECN (USD 300), Pro ECN (USD 500).
- Does Alpari offer a swap-free (Islamic) account?
- No. Alpari publishes no swap-free (Islamic) account for Pakistan.
Cost calculator (median of 36 priced of 62)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a PKR conversion because the exchange rate is not part of our data.