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Alpari: 23 pips spread on EURCHF, simply a SCAM broker

Hi all,

I have been using Alpari micro and classic for some months and this is my opinion.

They have two positive aspects, one is the strength of the company and the other is a customer service that, at least, anwers in a short time.

Never scalp because during the low volume negotiation they use spreads that are simply a SCAM. A few days ago I suffered spreads on eurchf of 23 pips !!! At the same timeframe no other brokers used spreads higher than 6 pips. To see spreads of 6 or 11 pips is not unusual.

The requotes are constant when the market goes in your favor, never when it goes against you.

The dealing desk manipulates too much.

You have to fight the market and the broker.

To use 23 pips spread is simply unethical, when other broker use 6 pips... the market is the same for all of them.

Good luck and find a better broker if you want to earn money in forex.

Josep, FPA 2010-05-25

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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