Recalculated 2026-11-02 · Established 1998 · Parlance Trading Ltd
Alpari — Kenya
Alpari is rated 2.35 out of 5 by our formula (Rank #30 of 36) for traders in Kenya: round turn 3.5 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 3.5 USD against a 7 USD median here · it runs 3 trading platforms · it has been trading for 28 years
Look elsewhere if the minimum is 30 USD against 25 USD in this market · it holds no licence issued in Kenya · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Parlance Trading Ltd
- Licence number
- T2023236
- Established
- 1998group
- Min deposit, USD
- 30 USDgeo
- Platforms
- MetaTrader 4 · MetaTrader 5 · Alpari mobile app
- Local funding
- Local KES M-Pesa/mobile-money rail not verified
- Max leverage
- 3000geo
- EURUSD
- 0.8 pipsgroup
Accounts (4)
4 of 4 accounts with a published cost per lot
4 of 4 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| AlpariMicro | 30 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| AlpariStandard | 100 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| AlpariECN | 300 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| AlpariPRO ECN | 500 | 0advertised | 5per standard lot | 5round turn, USD | — |
This broker against the Kenya middle (37 of 56)
| Alpari | Kenya median | |
|---|---|---|
| Round turn, USD | 3.5 USD | 7.0 USD |
| Min deposit, USD | 30 USDgeo | 25.0 USD |
| Max leverage | 3000geo | 500.0geo |
| Withdrawal, h | 1 business daygroup | 48.0 h |
| EURUSD, standard | 0.8 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 1998group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Offshore Tier-3 (Comoros MISA); current CMA Kenya authorisation not verified at review - treat as offshore with no confirmed local protection.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Alpari.
- Who actually onboards you
- Parlance Trading Ltd
- Licence number
- T2023236
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 0.00+ 20.0% × 5.00+ 20.0% × 0.00+ 15.0% × 4.00+ 10.0% × 5.00+ 10.0% × 2.50= 2.35
Ranked against brokers measured on every axis
Licence check
- Licence number
- T2023236
- Checked
- 2026-07-09
Who actually onboards you
Parlance Trading Ltd
Offshore entity
Kenyan clients are onboarded under the offshore operator Parlance Trading Ltd (Comoros Union / Mwali).
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Micro (from USD 30, MT4 only), Standard (USD 100), ECN (USD 300), Pro ECN (USD 500).
How long a withdrawal takes
Platforms and markets (3)
MetaTrader 4 · MetaTrader 5 · Alpari mobile app
750+ instruments: forex, metals, indices, commodities, share CFDs and crypto CFDs.
The public rating
rated "Poor" with 2.7 / 5 on Trustpilot
Upsides and the things that are missing
Pros (2)
- Round turn 3.5 USD against a Kenya median of 7.0
- Withdrawal published at 1 business day
Cons (1)
- No local licence: the client is onboarded by a foreign entity
Where else a Kenya resident can go (6)
Where it does not serve
United States, Japan, Canada, European Union, United Kingdom, Iran, Syria, Sudan, Cuba
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1cma.or.kecma.or.ke · domainRegister
- The broker's own documents
- 2alpari.comalpari.com · domainBroker
- Aggregators and directories
- 3tradersunion.comtradersunion.com · domainAggregator
FAQ (5)
Does Alpari accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of Alpari?
Parlance Trading Ltd
What licence does Alpari hold for Kenya?
Licence T2023236.
What does one EURUSD lot cost at Alpari?
3.5 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Alpari take?
Alpari publishes 1 business day. Their own wording: “processed within one business day”.