Alpari is a pretty large European broker, one I have been largely criticizing for making a very costly and unnecessary move – opening a US office weeks before the new NFA regulations kicked in. Alpari relies heavily on Metatrader software and was dealt a big blow as a result: Metaquotes, the company responsible for the Metatrader software, did little or nothing to make sure its clients could comply with the FIFO rule in time. Although the NFA fiasco might have not been anticipated by anyone, including Alpari, still there was no real reason to open the US office. The market was at the time coming under increased ... (full story)