de | cn | ru

Brokers News

Alpari reports 780,000 Registered Accounts and $110 Billion Trading Volumes

Feb 18 2013
By
Forexbrokerz.com

While most of the bigger forex brokers such as FXCM and Forex.com, as well as all U.S. registered companies provide data about their operational metrics on a regular basis, others prefer to keep these details behind closed curtains – Alpari being one of them (here I am excluding Alpari US, the broker's American subsidiary that complies with CFTC's requirement to supply data). 

 
This month, however, Alpari has chosen to share some of its metrics – probably because it has a reason to brag (how convenient, isn't it?). According to the company's website, in January 2012 its customers from Russia and the Commonwealth of Independent States (CIS) have traded a total of $110 billion through 780,000 accounts. During 2012 altogether, the volume traded by this customer base supposedly exceeded $1 trillion. 
 
Wow. These numbers leave me speechless – partly because I am still trying to count the zeros in a trillion in my mind, and partly because I find it a bit hard to grasp them as plausible. 
 
January 2013 was a good month for trading, there's no doubt about it. FXCM, for example, registered retail volume of $363 billion and almost broke its record; these, however, are the broker's worldwide volumes – and given that FXCM is significantly bigger than Alpari, the latter's $110 billion for CIS only seem a bit exaggerated. 
 
The number of accounts is also a bit unbelievable – 780,000? Another Russian broker that announces data, EXNESS, has reported similar trading volumes – $117.4 billion – however it claims it had 80,127 active accounts in 2012, and 14,310 new customers in January 2013. Is it possible that an approximate number of 95,000 accounts can achieve the same trading volume like 780,000 accounts? Possible – yes; likely – not really. 
 
Of course, the question remains how many of these accounts are active and tradable – I suspect that the numbers reported both by Alpari and EXNESS contain demo and inactive live accounts, as well as active live traders, so we can't really draw any conclusive statistics here. 
 
But back to volumes. The $110 billion trading volume is a record number for Alpari, and the broker points out a few reasons for it: its marketing strategy, new technological solutions, and the favorable market situation. 
 
I completely agree with the market situation argument. I also agree that the broker did, indeed, pour outrageous amounts of money into sponsoring sailing events, football teams, etc. I agree that in 2012 Alpari launched live MT5 accounts and teamed up with Integral Development Corp. over a liquidity provision deal. It is absolutely possible that all this effort helped Alpari get 780,000 registered trading accounts, which traded $110 billion in January. It is also possible that it didn't. I'll let you decide for yourself. 
 
 

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 New York, London, Tokyo, Dubai, Frankfurt and Moscow.

 

TAGS: Alpari  Russia  CIS  forex trading  forex broker  trading volume  retail forex  forex account 

More news about Alpari

Forex
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

More Forex Brokers News

FC Barcelona and FBS Sign New Global Partnership Agreement

Jan 17 2020 13:05:55

Broker specializing in online trading becomes club’s Official Trading Partner for four years, through 30 June 2024. Read more

FP Markets adds Autochartist to its list of analytical tools

Jan 13 2020 17:56:25

FP Markets, one of the leading brokers in Australia and a trusted global Forex and CFD broker, has added yet another instrument to its long list of trading tools  - the Autochartist - an online technical analysis tool which scans the market to provide detailed breakdowns across a wide range of ... Read more

FBS clients grow to over 14 million in 2019

Jan 07 2020 18:15:13

FBS, one of the leading players in the forex industry, published its annual report for 2019, celebrating its 10th birthday and 14 millionth client in some 190 countries around the globe. Read more

#FBS2020: FBS Gives Away Lucky Gift Boxes In A New Year Promo

Dec 09 2019 14:36:59

As many companies out there, FBS broker finishes off its year with a New Year promotion for its clients. At the end of 2019, they are offered to create a fancy Thank You e-card for their loved ones and get a gift box full of nice surprises. Read more

Trip For Pip: FBS To Launch A Quest Game For A Trip To London, Tokyo, Or Dubai

Oct 29 2019 14:09:54

FBS broker starts its new marketing campaign, and it has already attracted many eyeballs on social media. The promotion is called “Trip for Pip,” and it is very engaging for several reasons:    a) it’s playable;  b) it features a dream trip for two as the main prize. Read more

HYCM tops the list of brokers with highest percentage of winning clients

Oct 23 2019 12:12:59

The importance of choosing a reliable broker is paramount to trading. Most traders have given a serious thought to the security of their investments and these concerns are increasingly common in this highly competitive market. Read more

FXCM expands its crypto offering with CryptoMajor baskets

Oct 14 2019 14:49:01

  Major forex broker FXCM Group enhances its CFD offering with the launch of CryptoMajor- cryptocurrency baskets, which will allow its clients to trade in to multiple digital assets in one go. Read more

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

de | cn | ru