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Alpari in Kenya — review, licence and costs
Cost calculator (median of 36 priced of 55)
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%0
- Round-turn cost20%100
- Safety20%no data
- Payouts15%80
- Track record10%no data
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Parlance Trading Ltd
- Founded
- 1998
- Retail leverage
- 3000KE
- Round turn
- 3.5 USDKE
- Currencies
- USD, EUR, GBP, CZK; no KES base currency verified - NGN is reserved for Nigeria only.
- Swap-free account
- no
Licence check
Open an account with AlpariThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- Parlance Trading Ltd
- Local standing
- Offshore Tier-3 (Comoros MISA); current CMA Kenya authorisation not verified at review - treat as offshore with no confirmed local protection.
- Licence as the register states it
- Held under Comoros MISA licence T2023236; an older CMA Kenya licence was tied to the prior Exinity operator and is not verified as current for today's Alpari brand.
- Leverage for this entity
- Up to 1:3000 on forex/metals offshore; a genuine CMA-licensed offering would cap leverage far lower, so verify which entity onboards you.
- 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
- Legacy CMA Kenya claim in older reviews belonged to Exinity, not the current Parlance operator - do not assume local regulation.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Kenyan residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore Tier-3 (Comoros MISA); current CMA Kenya authorisation not verified at review - treat as offshore with no confirmed local protection.
- 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 Kenya market median(priced from 36 of 55)
Medians run over the 36 of 55 brokers that publish a price for Kenya, 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(1 method)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|---|---|---|---|
| Local KES M-Pesa | 24 | — | 0 | 50 |
Taxes for a Kenyan resident(1 rule)
- Forex/CFD profit treated as ordinary income for most retail traders (not capital gains), added to taxable income, taxed on graduated bands roughly 10% up to a top marginal rate of 35% (as of the review;https://alpari.com
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (1 methods · 1 local)
Local KES M-Pesa/mobile-money rail not verified for the current operator at review.
- Local KES M-Pesalocal
- Account currency
- USD, EUR, GBP, CZK; no KES base currency verified - NGN is reserved for Nigeria only.
- Fee declared
- 1 of 1 methods
- Withdrawal back to
- the funding method
Where it does not serve(9 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 0.8 · Leverage 3000 KE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 2.7 | — |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(4 for and 4 against, each tied to a figure on this page)
- Round turn 3.5 USD on the raw + commission basis, under the Kenya median 7
- Withdrawal in 24 h, one of 46 of 55 brokers here that publish a time
- Round-turn cost 100 of 100, its strongest of 6 scored axes
- 3 platforms: MetaTrader 4, MetaTrader 5, Alpari mobile app
- No Kenya authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 30 USD, over the Kenya median 25
- The published 1:3000 comes from the group's offshore entity, not from the Kenya one
- Reviews 0 of 100, its weakest of 6 scored axes
Alternatives in Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 3KE
- Min deposit, USD
- 50KE
- Leverage
- 1000KE
- Rank in this country
- #21
- Round turn, USD
- 4.5KE
- Min deposit, USD
- 0KE
- Leverage
- 500KE
- Rank in this country
- #7
- Round turn, USD
- 6KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 500KE
- Rank in this country
- #25
- Round turn, USD
- 6KE
- Min deposit, USD
- 10 groupKE
- Leverage
- 3000KE
- Rank in this country
- #14
- Round turn, USD
- 5KE
- Min deposit, USD
- 10KE
- Leverage
- 2000KE
- Rank in this country
- #31
- Round turn, USD
- 6KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 500KE
- Rank in this country
- #19
"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.
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 Kenya score. Full methodology
| Axis | Weight | What is measured | Alpari |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 0 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 100 |
| 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 | 80 |
| 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 |
Where Alpari sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · this broker 3.5 USD · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · this broker 30 USD · 28 of 55 brokers do not publish it
Retail leverage (29 of 55 with a Kenya figure)
Median 1:500 · range 30-5000 · this broker 1:3000 · 26 of 55 brokers do not publish it
Withdrawal time published (55 brokers)
FAQ
- Does Alpari accept residents of Kenya?
- No. Offshore Tier-3 (Comoros MISA); current CMA Kenya authorisation not verified at review - treat as offshore with no confirmed local protection. Onboarding entity: Parlance Trading Ltd
- Is Alpari licensed to serve clients in Kenya?
- Held under Comoros MISA licence T2023236; an older CMA Kenya licence was tied to the prior Exinity operator and is not verified as current for today's Alpari brand. Checked on 09.07.2026.
- How much does one round turn cost at Alpari?
- About 3.5 USD per standard lot on EUR/USD. The median across brokers measured for Kenya is 7.0 USD.
- What leverage does Alpari offer to retail clients in Kenya?
- Up to 1:3000. Up to 1:3000 on forex/metals offshore; a genuine CMA-licensed offering would cap leverage far lower, so verify which entity onboards you.
- 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 Kenya?
- Local KES M-Pesa/mobile-money rail not verified for the current operator at review.
- 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 Kenya.