Hello Traders,
Does anybody know much about alpari? I want to know how efficient they are.
Tolu
Does anybody know much about alpari? I want to know how efficient they are.
Tolu
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DislikedIn 8 years i think i used everyone LOL
Alpari UK started life as a spin off from the Russian Alpari they are the same crew running it but based in London for the UK version they are fully FSA regulated. Money in done by wire or UK online banking is basically next day. Out requires a fax.
They now have 5 live servers for redundancy thats more then almost anyone else i know on retail so connection is solid. I never had any downtime in the 5 months i been with them. Trades fill always within 4 seconds mostly 2 and 3 seconds according to my EA logs. Slips and requotes are very rare even major news i can scalp 30 seconds before and after NFP hardly anyone else will allow that.
Although they state spreads can vary i never see it move always 2 pips euro solid. For technical stabilty and financial FSA security i give then 9/10.
I also give North Finance another live MT4 broker i use 8/10 technically the same but cash security is a bit dodgy in Cyprus. Again requotes are rare, 2 pip euro 99% of the time i did see it change once. Requotes about 1 in 15 trades. NF will trade to mini lots they are not that keen on scalping though. Account by wire or EGOLD they clear gold payments in and OUT within hours.
Alpari UK now allow micro lots that 0.01 ideal for live testing of EA's without risking too much cash. According to their forum they are scalper friendly!!
I wouldn't take the pi$$ and go for 1 pip though but i do 5 to 20 pips and no one complains.
Compared to the US mob these two MT4 brokers are the best i know. If you don't believe me then best of luck dealing with anyone based in New Jersey.
If you are in the UK and do NOT require a bot to trade then trade spreadbet instead as its tax FREE. Igindex and the big brother Igmarket will allow you to trade anything from house prices, oil gold to wheat and hogs. They are the largest in the UK now im told with excellent liquidity backing to London Banks. From 2 pip euro spot you will never see a slip and trade to 0.1 pip increment and you will get filled at say 1.45674 euro. As its basically futures there is no such thing as a bad fill on major news well not that i ever see it before in the 2 years i had an account with them but be aware future spot closes all positions every night and reopens. This is a shock if you don't know its going to happen.
IGindex will allow you to trade binary bets up down ladders and conventional options weekly and monthly. Trading options opens an entire new low risk systems then trading spot and allows one to use options as they are supposed to be used in protecting underlying risk even in another account. ie short euro 14 days futures with long euro call options.
For our US friends though i don't believe you can open a spreadbet account as its betting and thus illegal for US and Alpari UK may not allow US accounts you have to check yourself.Ignored
Dislikedtheir customer service chat box is in Russian
my alerts on MT4 w alpari russia feed are working showing correct time, but the MT4 charts are frozen showing the numbers 10:15 russia time ...
that would be 4:15 am EST but it is now 1:29 pm EST
i did get told to check back during russia time 9:30 to 18:30 which is evidently 2:30 am EST 11:30 am EST
but my charts are all frozen, and have been since this morningIgnored
DislikedThey are one of the better MT4 market makers.
I've a live account with them and they are really good. Not as good as Oanda, but anyway...
Regards - XaronIgnored
DislikedJust want to add, that withdrawals are processed really fast. Usually they last 1-2 days to my bank account.
Regards - XaronIgnored
DislikedIn 8 years i think i used everyone LOL
Alpari UK started life as a spin off from the Russian Alpari they are the same crew running it but based in London for the UK version they are fully FSA regulated. Money in done by wire or UK online banking is basically next day. Out requires a fax.
They now have 5 live servers for redundancy thats more then almost anyone else i know on retail so connection is solid. I never had any downtime in the 5 months i been with them. Trades fill always within 4 seconds mostly 2 and 3 seconds according to my EA logs. Slips and requotes are very rare even major news i can scalp 30 seconds before and after NFP hardly anyone else will allow that.
Although they state spreads can vary i never see it move always 2 pips euro solid. For technical stabilty and financial FSA security i give then 9/10.
I also give North Finance another live MT4 broker i use 8/10 technically the same but cash security is a bit dodgy in Cyprus. Again requotes are rare, 2 pip euro 99% of the time i did see it change once. Requotes about 1 in 15 trades. NF will trade to mini lots they are not that keen on scalping though. Account by wire or EGOLD they clear gold payments in and OUT within hours.
Alpari UK now allow micro lots that 0.01 ideal for live testing of EA's without risking too much cash. According to their forum they are scalper friendly!!
I wouldn't take the pi$$ and go for 1 pip though but i do 5 to 20 pips and no one complains.
Compared to the US mob these two MT4 brokers are the best i know. If you don't believe me then best of luck dealing with anyone based in New Jersey.
If you are in the UK and do NOT require a bot to trade then trade spreadbet instead as its tax FREE. Igindex and the big brother Igmarket will allow you to trade anything from house prices, oil gold to wheat and hogs. They are the largest in the UK now im told with excellent liquidity backing to London Banks. From 2 pip euro spot you will never see a slip and trade to 0.1 pip increment and you will get filled at say 1.45674 euro. As its basically futures there is no such thing as a bad fill on major news well not that i ever see it before in the 2 years i had an account with them but be aware future spot closes all positions every night and reopens. This is a shock if you don't know its going to happen.
IGindex will allow you to trade binary bets up down ladders and conventional options weekly and monthly. Trading options opens an entire new low risk systems then trading spot and allows one to use options as they are supposed to be used in protecting underlying risk even in another account. ie short euro 14 days futures with long euro call options.
For our US friends though i don't believe you can open a spreadbet account as its betting and thus illegal for US and Alpari UK may not allow US accounts you have to check yourself.Ignored
DislikedHi,
(1)Pls what is the issue of being class as expert/experienced trader?
(2)What is HMRC?
(3)I was asked this question while opening an account with them if am registered with FSA or other regulatoy bodies?
(4)What about the issue of classing your profit as income or capital gain?
(5)Please say something about Tax.
You been wonderful in replying posts.
Alnames.Ignored