If you're thinking about trading forex, you've probably heard of Alpari. This company has been around for a long time. But just because a company is old doesn't mean it's safe. The big question is: Is Alpari safe or scam? When we look at what real users say about their experiences, we find some very worrying problems. Many people have complained about this broker, and it has received very low safety ratings.

Before opening an account, many traders search online asking, Is Alpari safe or scam?This article will give you the facts you need to make a smart decision. We'll look at information from WikiFX, a website that checks how trustworthy brokers are. We'll examine Alpari's overall rating and look at more than 84 Alpari complaints that real users have sent in. Our goal is to show you the truth about what it's really like to use Alpari, so you can understand the risks before you put any money in.

Understanding Is Alpari safe or a scam?

One of the best ways to tell if a broker is trustworthy is to look at its safety score. When asking Is Alpari safe or scam?, the first place to check is its independent rating.

Right now, Alpari has a very low WikiFX score of only 2.52 out of 10. This isn't just a random number - it's based on serious problems that the platform has found. WikiFX explains why the score is so low: “The WikiFX Score of this broker is reduced because of too many complaints!”

Along with this terrible score, there's a clear warning for anyone thinking about using Alpari: “Warning: Low score, please stay away!” When a broker-review website gives such a strong warning, it directly impacts the discussion around Is Alpari safe or scam? That's a huge red flag. It means so many people have had bad experiences that your money could be at risk. A score this low doesn't just mean small problems - it means there are big, serious issues that could stop you from getting your money back.

A broker's score can change based on new information and user feedback. To see the most current rating and any new alerts, traders researching Is Alpari safe or scam? should review its live profile on WikiFX.

Looking at 84+ Real User Complaints

The low score signals risk, but the user complaints explain why people continue to ask, Is Alpari safe or scam. WikiFX has recorded at least 84 complaints from people who used Alpari. These aren't small problems - they're serious issues that show a pattern of the broker not doing what it should for its customers. Let's look at what people are saying about their experiences.

Major Problems Getting Money Out

The biggest and most scary problem that people report is not being able to withdraw their money. When traders cannot access their own money, it immediately raises the question: Is Alpari safe or scam?

Users report many different problems:

• Long Waits with No Explanation: Many traders say their requests to withdraw money sit there for weeks, months, or even longer without being processed. One person said they've been waiting since November 2nd, 2022, and even after contacting customer service five times, their money still hasn't arrived.

• Requests Getting Rejected: Some users say their withdrawal requests keep getting rejected for unclear or made-up reasons, like “channel maintenance,” leaving them stuck in a loop of trying again and again with no success.

• Complete Inability to Get Money: The worst complaints come from people who say they haven't been able to access their money for very long periods. One user from Hong Kong said clearly, “It has been a year, and every time I withdraw funds, I can't. I hope everyone will not be fooled again.”

• Customer Service That Doesn't Help: A common problem in these complaints is that Alpari's customer service doesn't respond or help when people ask about their withdrawal status. Users say they're told the issue is being “checked” or “looked into,” but nothing actually gets fixed.

These stories paint a picture of a system where you can put money in easily, but face huge obstacles when you try to take your money and profits out.

Serious Claims of Cheating

Besides withdrawal problems, many complaints include serious accusations that the broker manipulates the market and charts. These claims suggest that the broker might be actively working against its clients' interests, which is a major conflict of interest. When traders report account balances being wiped out unexpectedly, concerns deepen around Is Alpari safe or scam?

One of the most detailed and disturbing reports comes from a user in Iran who claims to have lost about $10,000. According to their story, they had made money through successful trading. However, they claim that the broker then “zeroed out my account by manipulating the chart.” This user believes that the platform's prices were deliberately changed to make them lose money, which would be outright fraud. While single claims can be hard to verify, when we see them alongside many other serious complaints, they create a strong picture of untrustworthiness.

Questionable Practices and Hidden Fees

Other complaints point out various questionable business practices that add to the red flags. These incidents suggest a lack of honesty and professionalism.

One user from Hong Kong reported a particularly concerning situation. After their withdrawal requests were repeatedly denied, they were allegedly asked to pay an additional “20% of the fund for certification” just to process their withdrawal. Such claims naturally intensify the debate about Is Alpari safe or scam?

Another strange report involves a confusing connection between Alpari and another broker, FXTM. A user from Taiwan said they put money into an FXTM account, only to find it had become an Alpari International account. They also claimed that when this account became profitable, the platform “will eat up the capital and profits.” This suggests a confusing and potentially problematic relationship between companies, which can make it unclear who's responsible and create risks for traders.

> These are not isolated incidents but a pattern of complaints documented by numerous users. To assess the validity and full context of these claims, readers can review each user-submitted report on the Alpari exposure page on WikiFX.

Checking Alpari's Licenses and Offices

A broker's licenses and physical offices are very important for its legitimacy. Strong licenses provide safety for investors, while real office locations confirm the broker is a real, accountable company. When we look at Alpari's setup, we find significant weaknesses in both areas.

Belarus Regulation

Alpari's licensed company, Alpari Evrasia Limited Liability Company, is regulated by the National Bank of the Republic of Belarus (NBRB). While having some regulation is better than none, not all regulatory bodies provide the same level of protection. As noted in the WikiFX information, the NBRB doesn't provide the same strong level of investor protection as top authorities like the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC). For traders seriously asking, Is Alpari safe or scam?, it is important to understand that weaker regulatory jurisdictions typically offer limited investor compensation, weaker fund segregation rules, and reduced enforcement standards.

Offshore Registration and Missing Offices

Making the weak oversight even worse is the broker's corporate structure. The parent company, Parlance Trading Ltd, is registered in Comoros. This is a well-known offshore location favored by many low-quality brokers because of its relaxed financial oversight and minimal reporting requirements. Operating from an offshore location makes it much harder for clients to seek legal help if there's a dispute.

Even more concerning are the findings from WikiFX's on-site field surveys, which try to verify a broker's listed physical addresses. The results for Alpari are alarming:

• Office Found: Belarus

• No Office Found: Russia, Belize

While an office was confirmed in Belarus (where its NBRB-regulated entity is located), the failure to find physical offices at other key listed addresses is a major red flag. A legitimate global brokerage should have a verifiable physical presence in the locations it claims to operate from. The “No Office Found” status suggests these may be little more than fake addresses, raising serious questions about the broker's honesty and legitimacy.

Good Features vs. High Risks

To be fair, it's important to acknowledge the features Alpari advertises. Like many brokers, it offers access to popular platforms, high leverage, and multiple account types. However, these advertised benefits must be weighed against the overwhelming evidence of high risk found in our analysis of user feedback and operational data.

In the end, when reviewing the safety score, regulatory setup, offshore structure, and dozens of serious user complaints, the central question remains: Is Alpari safe or scam? Traders must carefully evaluate whether the advertised benefits justify the documented risks before making any financial commitment.

Final Answer: Is Alpari safe or scam?

After examining all the available information, the conclusion regarding Alpari‘s reputation is evident: Is Alpari safe or scam? The evidence suggests that the risk to traders’ funds is substantial and cannot be ignored.

This conclusion is based on several critical risk factors coming together:

• An extremely high number of severe user complaints, focusing on the inability to process withdrawals.

• A very low trust score of 2.52/10 and clear warnings from a third-party verification platform.

• A weak regulatory profile, relying on an offshore registration in Comoros and a non-top-tier license in Belarus that lacks strong investor protection.

• Disturbing field survey results showing unverified physical offices in key declared locations.

Based on this analysis of user feedback, regulatory data, and operational transparency issues, using Alpari presents a substantial risk. The patterns of complaints, particularly regarding withdrawal failures and alleged manipulation, are too consistent to be dismissed as isolated incidents.

The issues identified with Alpari highlight a critical lesson for all traders: never deposit funds with a broker without first verifying its credentials. The risks are simply too high. We strongly recommend using a dedicated verification platform like WikiFX before making any decision. It allows you to check a broker's regulatory status, license authenticity, and, most importantly, read real user reviews and complaints. This simple step can be the difference between a safe investment and a potential loss. Check any broker's reputation and safety score on WikiFX now-https://www.wikifx.com/en/dealer/1161607157.html