Brokers News

Alpari Boasts Another Record: Forex Trading Volumes Hit Peak Levels in May

Jun 13 2013
By Forexbrokerz.com Forexbrokerz.com

The Alpari group of companies have had a bunch of reasons to celebrate since the start of the year – there have been a raft of performance records and then – less than a week ago, the FX and CFD brokerage got the Financial Elite of Russia award in the nomination for “Company of the Year on the Forex market”.

And the company offered another cause for applause from the FX community as it has just revealed its trading volumes for the past month. According to a report by the Forex Magnates, trading volumes for the companies operating under the Alpari brand reached stunning $260 billion in May, a record level, beating the previous breakthrough result of $245 billion seen in April by 6.1%. The exceptional performance last month continued a tradition of records in trading volumes that the broker has enjoyed since the onset of 2013: in March, for example, the trading volumes peaked at $210 billion, following record results posted in February and January.

Daniel Skowronski, chief executive officer of Alpari (UK), attributed the robust results to the increased trading volatility and the high-quality of the product variety that the broker offers. We cannot disagree with him, since the company has been exerting plenty of efforts to boost its offering and to lure more clients: in the start of May, it launched three new types of ECN accounts which are commission-free, and, also last month, it announced improved trading terms and conditions, including cuts in spreads to 0.1 pips on currency pairs like the EURUSD and the EURCHF.

Alpari's results for the last month are record for the company, but they are less impressive if we compare them to the metrics posted by FXCM: the leading broker announced retail trading volumes of $390 billion for May, a jump of 28% against a year ago and up by 7% from April levels. Wow!

Well, it looks as May was another exciting month for FX brokers across the globe, and we expect more interesting news from this business segment soon. We'll keep you posted!

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 forex forex trading forex broker may performance trading volumes record ecn accounts spreads trading terms and conditions retail forex

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Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
	Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.



	HYCM is global forex broker with more than 40 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 0.2 pip

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus, UK, Mauritius	CySec, FCA, FSC	MT4, MT5, Web	$10	Review Website
	UK, Bulgaria	FCA, FSC	Web	€29	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$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
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	UK	FCA	MT5	$5	Review Website
	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website
	Australia, UK	ASIC, FCA	MT4, MT5, cTrader	$200	Review Website
	UK, Cyprus, Dubai	FCA, CySEC, DFSA	MT4, MT5, Web, PrimeTrader	$100	Review Website

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