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Number of Accounts at Russia's Alpari Exceeds 1 million

Alpari Limited, the Russian subsidiary of global Forex broker Alpari, has reported some stunning operating metrics for October, with the number of client accounts surpassing 1 million for the first time in the history of the company. The broker forecast that the count would reach this record level by the end of 2013, when it reported its results for the third quarter, but apparently the record was hit even sooner than expected. It's useful to note here that at the end of September 2013, the number of trading accounts stood at 984,000.
 
There are numerous factors that may be pointed to as crucial for the rise in client accounts. For example, the broker has managed to launch a binary options platform in September, while its PAMM accounts are enjoying increased popularity – the service is well familiar to Russian traders. 
 
The record in account terms came along with a set of other robust operating results for October 2013. Trading turnover in Russia and CIS rose by 8% against the preceding month or by $10.6 billion, to massive $137.4 billion. This added to volumes of $1.339 trillion for the period from January to October 2013. 
 
The broker noted the contribution of trading with the EUR/USD and GBP/USD pairs to overall volumes. Trading with Gold also staged a steep rise. 
 
 

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 for 2012.
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 russia  alpari forex broker  alpari metrics  alpari october  operating metrics  october 2013  trading volumes  forex trading  forex accounts  trading accounts 

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