Alpari

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Broker Alpari
Company Alpari Ltd (20389 IBC 2012)
Year since 2008
Headquarters St. Vincent & the Grenadines
Regulation St. Vincent & the Grenadines FSA
Model ECN & STP & MM
US Clients no
Min Deposit($) 1
ECN Account Min Deposit($) 5000
ECN Commission($)/rtl(Round Turn Lot) 16
Offer Fixed Spread yes
Offer Variable Spread yes
EURUSD Lowest spreads (pips) 2 -Mini account; 0.4 -Standard account; 0.1 -ECN
Account Currency USD, EUR, GBP, CHF, AUD, XAU
Max Leverage 500
Minimal Lot 0.01
Deposit Method Bank Wire, Credit Card, Debit Card, -WebMoney, -Skrill, -Neteller, OKPAY, FasaPay
Withdrawal method Bank Wire, Credit Card, Debit Card, -WebMoney, -Skrill, -Neteller, OKPAY, FasaPay
Scalping yes
Hedging yes
All EAs Allowed yes
Currency Pairs 51
Gold yes
Gold Spread(100oz)
Silver yes
Silver Spread(5000oz)
Oil
CFDs yes
Other Instruments Stocks, Indices, Options, Bonds, Commodities, Energies, Spread Betting
MAM/PAMM Accounts MAM/PAMM
Managed Accounts no
Swap-free accounts yes
Segregated Accounts yes
Interest on Margin no
Bonuses & Rewards yes
Trading contests yes
Trading platform MT5 (ECN), MT4 (ECN), MT4
Platform Execution
Platform Time Zone CET (GMT+1)
Trailing stops yes
OCO orders yes
One-click execution yes
Trade with mobilephone yes
Trade in browser yes
API yes

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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