Alpari has drawn 84 documented complaints in the material reviewed by BestForex.io, with repeated allegations that withdrawals remained blocked for weeks or months. The cited entity, Parlance Trading Ltd, holds a license from the Mwali International Services Authority in the Comoros Union. Customers should understand that offshore authorization may provide different complaint and compensation protections from regulators such as the FCA, ASIC or CySEC.
A Withdrawal Allegedly Blocked for One Year
One reviewer alleged that deposits remained available while withdrawals had been blocked for a full year. A Hong Kong customer said nearly RMB 77,500 had been deposited before withdrawals stopped and additional certification payments equal to 20% of the account were demanded.
A demand for extra money to unlock existing funds is a major warning sign, particularly where the condition was not disclosed before deposit. Customers should not send more money solely because a platform says it is required to release a balance.
Trader Alleges a $10,000 Account Was Zeroed
A user posting as mansourhadian alleged a $10,000 loss and claimed the account was zeroed through chart manipulation. BestForex.io has not independently verified that allegation, and the supplied material did not contain execution logs or an adjudication.
Other reviewers alleged unresponsive support and generic replies after withdrawal requests stalled. Complaint volume alone does not prove each claim, but repeated reports concerning the same transaction stage deserve more weight than isolated dissatisfaction over spreads or interface design.
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Offshore licensing does not neutralize withdrawal risk
A trader must know which entity holds the account, which regulator accepts complaints and whether any compensation mechanism exists. Where 84 complaints include a year-long withdrawal delay and demands for additional payments, the prudent response is not another deposit. Stop, document and verify.
About Alpari
Cited entity
Parlance Trading Ltd
Regulator
Mwali International Services Authority
Jurisdiction
Comoros Union
Complaints reviewed
84 documented reports
Frequently Asked Questions
Is Alpari regulated by a top-tier authority?
The entity cited in the reviewed material is licensed by MISA in the Comoros Union, not by the FCA, ASIC or CySEC.
What withdrawal complaints have traders reported?
Reviewers allege withdrawals blocked for up to one year, requests for extra certification payments and generic support responses.
What should traders do if asked to pay to release funds?
Do not send more money without independently verifying the legal basis. Preserve evidence and contact the payment provider and relevant regulator or fraud-reporting authority.
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