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Alpari Russia introduces ECN accounts with improved trading terms

Aug 08 2014
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Starting from 18 august 2014 Alpari Russia will offer a new improved line of ECN accounts. The changes allowing smaller lot size and unlimited number of open positions will help customers with relatively low balances to control their risk better.
 
A new pro.mt4 will replace ecn.mt4. Changes are:
- More liquidity providers allowing for more accurate client order execution and an ability to incorporate order sizes from 0.01 lots into our trading strategy (current minimal lot size is 0.1) meaning the smallest possible lot becomes 1000 currency units.
- No limit on the number of open positions and pending orders. The current limit is 100.
- Reduced commission (now it starts from $4).
- An increase in the minimum deposit to activate the new account (now $300).
 
A new version of ecn.mt4 replacing ecn-new.mt4 trading accounts will offer better margin requirements with increased leverage as well as tighter spreads for popular instruments.
 
Alpari elaborates that these changes are mirrored for pamm.ecn.mt4 accounts (after the change to pamm.pro.mt4) and pamm.ecn-new.mt4 accounts (after the change to pamm.ecn.mt4). All changes will be applied automatically to all existing accounts on 18 august 2014.
 
The new changes are following other positive moves by Alpari in the last few months like a new type of trading account for its clients in UK, called a Market Account, or switching micro accounts execution from instant to market. The wind of change blowing on Alpari shores reflects the negative 2013 financial results, a $10 million loss, reported by the UK branch of the company.
 
All in all, a good move by Alpari Russia.
 
 
About Alpari
 
Founded in 1998, the international Alpari brand is one of the leading names in online Forex trading and was recently listed as the world's third largest broker in a 2012 report from online financial portal Forex Magnates, with an average monthly trading volume of more than 200 billion US dollars. Alpari has earned the trust of hundreds of thousands of clients in more than 150 countries across the world, thanks in large part to its reputation for delivering high-quality products and top-notch customer support. The Alpari brand is represented in many of the world's leading centers of commerce, with offices in London, Tokyo, Dubai, Frankfurt and Moscow.
 
TAGS: Alpari  account  ECN  micro lot 

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