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Alpari Implements New ECN Technology for Better FX Trading

Alpari UK, the FCA-regulated Forex broker, has just announced the launch of a new, proprietary ECN technology that will significantly enhance trading experience of the users of the Metatrader 4 (MT4) platform.

 
For end users of the popular Forex trading platform, the new NDD ECN technology means even tighter spreads and faster execution of orders. The change will be felt by owners of Micro, Classic and MT4 Pro accounts with the broker. For example, Alpari's ECN allows traders to tap directly a liquidity pool from 17 top-tier providers. 
 
And, of course, owners of MT4 accounts with Alpari can now make use of all of the traditional advantages of ECN execution: high-quality order processing, lack of requotes and suitability for trading strategies like scalping. We've already mentioned that spreads are now tighter, but this is hard to assess when the spreads are floating - still, let's say that the minimum spreads on EUR/USD on Micro and Classic accounts are 1.2 pips and the typical spreads are at 1.6 pips. For Pro accounts, the conditions are even better, with spreads starting from 0 pips, but to open an MT4 Pro account and benefit from the new ECN conditions, you should set aside $10,000 as an initial deposit.
 
And we all know that high deposits are among the negative sides of ECN accounts usually. However, for Micro accounts the initial deposit requirement is just $200. Moreover, another minus of ECN accounts – the commission, is missing in Alpari's conditions. For Micro and Classic accounts, the broker simply does not charge commissions.
 
Daniel Skowronski, chief executive officer of Alpari (UK) Limited, stressed that the launch of the new technology comes as the broker seeks to further enhance trading experience of its clients. Indeed, Alpari has been stepping up its efforts to entice more clients lately via the launch of new products, including a proprietary binary options platform which the broker started offering in September.  
 

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  alpari uk  alpari forex broker  alpari forex  forex execution  ecn  electronic communication network  forex platform  mt4  forex trading 

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