Alpari

  • Name:Alpari
  • Website:http://www.alpari.co.uk/
  • Location:Russian Federation
  • Found in:1998
  • Regulation Authority:NFA (US), CFTC (US)
Editorial Rating:
3.88
Accept US Traders:
No

Alpari.co.uk

Serving clients in 20 countries across the world, including London, New York, Tokyo and Moscow, Alpari has a trading history which dates back to 1998. Such a pedigree in the FX market is something which has allowed them to offer leverages up to 1:500 in a range of currencies.

Giving clients access to its FX platform via MetaTrader 4, Alpari deals with 37 currency pairs and include all major markets as well as a host of exotic currencies within their portfolio.

Alpari.co.uk’s Special FX:

Low spreads for Micro Account holders and high liquidity for top end investors makes Alpari a site that’s attractive at both the top and bottom end of the market. A clear sign of progression is something every FX trader should look for when assessing a potential broker and with the ability to apply your own EAs to Standard and Pro Accounts, it’s this that should tempt heavyweight investors.

Beyond being a standard FX broker, Alpari also offers a spread betting service for UK and Republic of Ireland customers. While this option still involves speculating on the fluctuations in the currency market, it’s essentially a tax free way to bet on which way certain currencies will move. Because the process of spread betting is faster than standard FX trading, it’s an attractive proposition for those who want to make a quick profit.

The Essentials:

Catering for both novice and pro traders, Alpari.co.uk offers a range of accounts with varying levels of complexity and cost. Indeed, for advanced traders there is the option to back test and implement personal Expert Advisors (EAs) and trading strategies.

Micro Account: This option great for beginners as the deposit limits starts at $200. To help new traders grow their investment and not suffer at the hands of high charges, the Micro Account offers spreads from just 1.2 pips and a leverage ratio of 1:500 on all 37 currencies.

Classic Account: Because of this account’s flexibility, this is the most popular option for seasoned traders.  Deposits start from $500 and there is no maximum trade size with this option. Using MT4, traders can implement their own EAs and take advantage of 1:500 leverage.

Pro Account: For expert investors this account offers no maximum trade size and the ability to apply EAs. Moreover, it features the ability to trade up to 57 currency pairs without a dealing desk, which means trades are executed faster and a high amount of liquidity is available through Currenx.

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