The Alpari brand was removed from the Group and is now managed by Parlance Trading, Finance Magnates RU reported.
Parlance Trading Ltd. is licensed by the Mwali International Services Authority on Moheli Island.
Alpari no longer appears to be part of Andrey Dashin’s
Exinity Group. According to exclusive details confirmed by Finance Magnates RU, the company has been transferred from its former holding structure to a separate legal entity named Parlance Trading Ltd.
As of last month, the Alpari trademark and its domain are registered under this new company, replacing Alpari (Comoros) Ltd. as the listed trademark owner. Interestingly, while the license and registered address remain unchanged, the switch in operational ownership marks a significant turning point for the brand.
The Details of the New Company
The new license holder, Parlance Trading Ltd., is still registered with the Mwali International Services Authority on Moheli Island under license number T2023236.
A screenshot of the details from Alpari website
Although the license itself dates back to April 2023, the registry until recently still reflected the previous company name. Alpari’s website still states it operates “in partnership with Exinity,” though this may reflect legacy language. Finance Magnates RU reached out for comment, but Exinity representatives did not respond.
Exiting the Financial Commission
In early 2024, both Alpari and FXTM withdrew from the
Financial Commission, an independent dispute resolution body in the online
trading industry. This was followed by key personnel exits, starting with
technologist Artem Gonov.
In April 2025, Vladislav Goroshko, formerly responsible for
internal security at Exinity, moved to Dubai-based offshore broker GTCFX. Not
long after, Mikhail Seliverstov, who spent over 13 years at Alpari, ending his
tenure as senior vice president for regional development, also joined GTCFX as Commercial
Director.
Additionally, senior-level departures from Exinity included
Matthew Wright, Behram Nasir, and Heiko Müller, all in Q1 2025. Exinity
confirmed it would not replace these executives, instead redistributing their
responsibilities internally.
The full implications of these moves remain unclear, but the
cumulative signs suggest a winding down of Exinity’s retail-facing ambitions.
Whether Dashin sold Alpari outright or simply spun it off under new management
is unknown.
Alpari no longer appears to be part of Andrey Dashin’s
Exinity Group. According to exclusive details confirmed by Finance Magnates RU, the company has been transferred from its former holding structure to a separate legal entity named Parlance Trading Ltd.
As of last month, the Alpari trademark and its domain are registered under this new company, replacing Alpari (Comoros) Ltd. as the listed trademark owner. Interestingly, while the license and registered address remain unchanged, the switch in operational ownership marks a significant turning point for the brand.
The Details of the New Company
The new license holder, Parlance Trading Ltd., is still registered with the Mwali International Services Authority on Moheli Island under license number T2023236.
A screenshot of the details from Alpari website
Although the license itself dates back to April 2023, the registry until recently still reflected the previous company name. Alpari’s website still states it operates “in partnership with Exinity,” though this may reflect legacy language. Finance Magnates RU reached out for comment, but Exinity representatives did not respond.
Exiting the Financial Commission
In early 2024, both Alpari and FXTM withdrew from the
Financial Commission, an independent dispute resolution body in the online
trading industry. This was followed by key personnel exits, starting with
technologist Artem Gonov.
In April 2025, Vladislav Goroshko, formerly responsible for
internal security at Exinity, moved to Dubai-based offshore broker GTCFX. Not
long after, Mikhail Seliverstov, who spent over 13 years at Alpari, ending his
tenure as senior vice president for regional development, also joined GTCFX as Commercial
Director.
Additionally, senior-level departures from Exinity included
Matthew Wright, Behram Nasir, and Heiko Müller, all in Q1 2025. Exinity
confirmed it would not replace these executives, instead redistributing their
responsibilities internally.
The full implications of these moves remain unclear, but the
cumulative signs suggest a winding down of Exinity’s retail-facing ambitions.
Whether Dashin sold Alpari outright or simply spun it off under new management
is unknown.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
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