de | cn | ru

Brokers News

Alpari Aims to Lure Clients with Improved Trading Conditions

Russia-headquartered FX broker Alpari has been pretty active lately in terms of promotions aimed at attracting clientele: after the somewhat controversial campaign “Goodbye to swaps” launched in February, the company also boosted its service offering by introducing three new types of ECN accounts at the start of this month.  

On top of these efforts, the broker has announced improvement in its trading terms and conditions, starting from May 13: and the move includes some very nice changes like cuts in spreads.
That's right – after slashing minimum spreads in February, the broker is now proceeding with even more radical axing. Unfortunately, the reduction does not affect all sorts of accounts - the standard MT4 accounts, for example, are not benefiting from the change. But if you have an ECN MT4 account, you'll be pleased to find out that the spreads for major currency pairs have been reduced. 
You may recall that in February the broker slashed spreads to as low as 0.3 pips for majors, but after the latest change these spreads are lowered to 0.1 pips for pairs like the EURUSD and the EURCHF; and to 0.2 pips for pairs like the GBPUSD and EURGBP. 
Be careful though as the above mentioned figures are for minimum spreads, while the typical spreads are higher: for example, for the EURUSD pair, typical spreads are 0.4 pips.
Alpari has also introduced changes in swap rates – as you know, swap is the interest that a trader pays or is being paid for keeping a position open overnight. And as you know, swaps work both ways – they may be in favor of the trader or against him. Alpari has improved swap rates, depending on account equity: the improvement for accounts with equity of $3,000-$5,000 is 5%, then rises proportionally, reaching 40% for accounts of $1 million - $5 million. 
Adding to the list of better terms, interest rates on unused funds are increased, and for RUB-denominated accounts they stand as high as 8%, but that's for accounts with equity between RUB 1 million and RUB 5 million. The perk applies only to a restricted set of account types: standard.mt4, standard.zulutrade, ecn.mt4, ecn-new.mt4, ecn.zulutrade and ecn-new.zulutrade.
Last but not least, Alpari continues with its tradition of cutting commissions by reducing those on ecn.mt4, ecn.zulutrade and pamm.ecn.mt4 accounts to as low as $4 but that's only for accounts of $1 million - $5 million. 
Obviously, this broker cannot get tired of promotions and various incentives – let's see whether traders pick that up. 

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.
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  forex brokers  forex trading  ecn accounts  swaps  interest rates  commissions  major currency pairs  spreads  majors 

More news about Alpari

Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$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,
$200 Review Website
UK, Cyprus, Dubai FCA, CySEC, DFSA MT4, MT5, Web,
$100 Review Website

More Forex Brokers News

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

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 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

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

de | cn | ru