Alpari

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BrokerAlpari
CompanyAlpari Ltd (20389 IBC 2012)
Year since2008
HeadquartersSt. Vincent & the Grenadines
RegulationSt. Vincent & the Grenadines FSA
ModelECN & STP & MM
US Clientsno
Min Deposit($)1
ECN Account Min Deposit($)5000
ECN Commission($)/rtl(Round Turn Lot)16
Offer Fixed Spreadyes
Offer Variable Spreadyes
EURUSD Lowest spreads (pips)2 -Mini account; 0.4 -Standard account; 0.1 -ECN
Account CurrencyUSD, EUR, GBP, CHF, AUD, XAU
Max Leverage500
Minimal Lot0.01
Deposit MethodBank Wire, Credit Card, Debit Card, -WebMoney, -Skrill, -Neteller, OKPAY, FasaPay
Withdrawal methodBank Wire, Credit Card, Debit Card, -WebMoney, -Skrill, -Neteller, OKPAY, FasaPay
Scalpingyes
Hedgingyes
All EAs Allowedyes
Currency Pairs51
Goldyes
Gold Spread(100oz)
Silveryes
Silver Spread(5000oz)
Oil
CFDsyes
Other InstrumentsStocks, Indices, Options, Bonds, Commodities, Energies, Spread Betting
MAM/PAMM AccountsMAM/PAMM
Managed Accountsno
Swap-free accountsyes
Segregated Accountsyes
Interest on Marginno
Bonuses & Rewardsyes
Trading contestsyes
Trading platformMT5 (ECN), MT4 (ECN), MT4
Platform Execution
Platform Time ZoneCET (GMT+1)
Trailing stopsyes
OCO ordersyes
One-click executionyes
Trade with mobilephoneyes
Trade in browseryes
APIyes

Company: Alpari Ltd (20389 IBC 2012)

Alpari11

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3 thoughts on “Alpari

  1. Emeka says:

    I tried to open a trade 7 times so many seconds and was requoted continuously. I experimented with outrageous stops. They always hit my stops unless I take on extreme risk. its impossible to be profitable with them.

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    Feedback: 1 positive
  2. anod says:

    When there is high volatility in the market their spread betting data feed goes into choppy mode, dies for around 10 seconds.

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    Feedback: 1 positive
  3. FCA (UK) Fine £140,000 (Alpari (UK) Ltd) (05/05/2010) says:

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    448002 – Alpari (UK) Ltd
    Date: 05/05/2010 Type of action: Fines
    On 5 May 2010 the FSA imposed a financial penalty of £140,000 on Alpari (UK) Limited (‘Alpari’) in respect of breaches of Principle 3 of the FSA’s Principles for Businesses (‘Principle 3′) between 8 September 2006 and 25 November 2008.

    The breaches relate to failings in the adequacy of Alpari’s anti money laundering systems and controls. Specifically, Alpari failed to:

    1)carry out adequate risk assessments of the money laundering and financial crime risks that Alpari was exposed to;

    2)resource its compliance and anti-money laundering area adequately, in line with the growth of Alpari;

    3)screen customers against U.K. and global sanctions lists and politically exposed persons (PEP) lists;

    4)have in place adequate customer due diligence procedures, in relation to customers from higher risk jurisdictions, at the account opening stage;

    5)carry out adequate on-going monitoring of the business relationship with the customer; and

    6)adequately train employees, on an on-going basis, in relation to financial crime and money laundering.

    The Final Notice and the relevant press release can be found on the FSA website.
    http://www.fsa.gov.uk/library/communication/pr/2010/077.shtml

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    Feedback: 1 positive