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Alpari Changes Micro Accounts Execution from Instant to Market

May 21 2014
By
Forexbrokerz.com
Alpari UK, the leading UK forex broker, has announced that it is going to change the execution type on Live Micro accounts from instant execution to market execution on Sunday 1 June 2014. All open positions will be unaffected - Alpari clients do not need to take any action. The announcement comes just a couple of months after the launch of Market accounts.
 
What is market execution? 
 
Unlike Instant execution orders, when you place a market execution order you will never be requoted, because your order is automatically filled at the next available price in the market. 
 
You should also be aware that stop loss and take profit levels can only be set once a trade is opened, because the entry price could change before the position is opened. 
 
More choice, lower spreads 
 
In addition to no requotes, Alpari clients will also be able to benefit from:
 
 - The addition of 20 new currency pairs, making 59 in total
 - Forex spreads from 0 pips
 - The flexibility of trading standard and micro lots
 
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 uk  instant execution  markets execution  micro account 

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