Alpari no longer appears to be part of Andrey Dashin’sExinity 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.
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 theFinancial Commission, an independent dispute resolution body in the onlinetrading industry. This was followed by key personnel exits, starting withtechnologist Artem Gonov.
In April 2025, Vladislav Goroshko, formerly responsible forinternal security at Exinity, moved to Dubai-based offshore broker GTCFX. Notlong after, Mikhail Seliverstov, who spent over 13 years at Alpari, ending histenure as senior vice president for regional development, also joined GTCFX as CommercialDirector.
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Additionally, senior-level departures from Exinity includedMatthew Wright, Behram Nasir, and Heiko Müller, all in Q1 2025. Exinityconfirmed it would not replace these executives, instead redistributing theirresponsibilities internally.
The full implications of these moves remain unclear, but thecumulative signs suggest a winding down of Exinity’s retail-facing ambitions.Whether Dashin sold Alpari outright or simply spun it off under new managementis unknown.
This article was written by Jared Kirui at www.financemagnates.com.
