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Alpari told me the order execution could take 15 seconds and more

I have been using Alpari UK with a mini acc. for about 2 years and traded profitable with them. Withdrawal was never a problem.

Sometimes I recognized a slow order execution, but not as bad as now and definitely their reply to my inquiry was an eye opener. They told me the order execution could take 15 seconds and more, while the Metatrader Software would reject my order after 5 seconds. That means your order get rejected and rejected again 5 or more times and you get a very bad order entry then if at all. Exactly that happened to me at least twice in the last 4 weeks.

Alpari obviously is more engaged in promotions (look at their website) than to deliver a reliable order execution.

If 5 pips more or less in quiet markets is not your problem, you can use it, but if you believe you can count on their 1.6 pips eurusd spread without any huge requotes, forget about using this broken broker! If you have a scalping strategy, forget about it as well!

Alpari Joe 2011-09-06

Alpari UK Alpari UK Review

Alpari UK Forex Review | Alpari Metatrader Broker | alpari.co.uk forex trading

Headquarters: 41 Eastcheap, London EC3M 1DT 

Country: United Kingdom

Regulated by: FSA (UK)

Trader's rate 2.3
Editor's rate 3.8

Alpari UK Account Info:

minimum deposit: $200

minimum lot size: 1k

max leverage: 500:1

 

Spread:

Variable, from 1.6 pip

 

Deposit/Withdraw

Bank Wire, Credit card,  Cheque 

 

Platform:

Metatrader, Custom trading platform, Currenex, Mirror Trader

 

Signal Providers:

Zulutrade and Tradency

 

 



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