Alpari (Comoros) Ltd, regulated by the Mwali International Services Authority (MISA), offers binary option trading services to over 2 million users worldwide.
This broker is registered on the island of Mohéli as an International brokerage.
Alpari Option Mwali International Services Authority Regulation
Alpari (Comoros) Ltd, which operates Alpari Option, is regulated by the Mwali International Services Authority (MISA) on the Island of Mohéli. The company holds a license number T2023236 as an International Brokerage and Clearing House. Alpari Option regulation details:
Entity | Alpari (Comoros) Ltd |
Regulation | MISA |
Regulatory Location | Island of Mohéli |
Regulatory Tier | 3 |
License Number | T2023236 |
License Activation Date | 12/4/2023 |
Is MISA a Top-Tier Financial Regulator?
Mwali International Services Authority (MISA) isn’t a tier-1 financial regulator, which means that it doesn’t impose strict financial standards on financial service providers.
Traders should consider that while MISA isn’t a top-tier authority like the SEC, FCA, CySEC, or CFTC, most binary options brokers don’t have any regulations at all.
This makes Alpari Option a more secure broker than other companies in this space.
Alpari Option Registered Address
Alpari Option's registered address is Bonovo Road, Fomboni, Island of Mohéli, Comoros Union. While the broker has a physical location, it doesn’t provide in-person support to binary options traders.
Alpari Option Security Measures
Alpari takes the security of its clients' funds and personal information seriously and has implemented various security measures to protect its clients data on Alpari Option trading platforms. Alpari Option security measures:
- Fund Segregation: Client funds are held separately from Alpari's operational funds;
- SSL Encryption: All communications and transactions are protected using SSL encryption;
- Two-Factor Authentication (2FA): Enhanced security for login and withdrawal procedures;
- Data Protection: Strict policies and technical measures are in place to protect clients' data, including secure storage and restricted access controls.
Remember to increase your account security by completing the Alpari Option verification process.
Alpari Option Restricted Countries
Alpari binary doesn’t provide binary option trading services to comply with regulatory standards. Alpari Option restricted countries:
- USA
- Mauritius
- Japan
- Canada
- Haiti
- Iran
- European Union
- North Korea
- United Kingdom
- Syria
- Cuba
- Sudan
Alpari Option Regulation in Comparison to Other Brokers
Unlike most binary option brokers, which often operate without oversight due to their gambling-like nature, Alpari Option stands out by being regulated by one authority. This adds a layer of credibility and security compared to many of its competitors.
Broker | Alpari Option Broker | |||
Regulation | MISA | Not regulated | MISA | VFSC, FinaCom |
Regulatory Tier | 3 | No | 3 | 3 |
Compensation Scheme | No | No | No | €20,000 in compensation per client |
Negative Balance Protection | No | No | Yes | Yes |
TF Expert Suggestion
As mentioned earlier, Alpari Option is regulated by the Malta International Stock Exchange Authority (MISA) under license number T2023236.
While this license means that Alpari Option complies with financial regulations, it doesn’t provide the same level of protection as a license from a tier-1 regulatory authority such as the FCA, ASIC, SEC, etc.
If you are interested in opening an account with this broker, we suggest reading the Alpari registration article on the Alpari Option tutorial page.
