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Alpari - are they reliable?

  • #1
  • First Post: Jul 24, 2008 3:34pm Jul 24, 2008 3:34pm
Anyone with Alpari? if so are you happy with their service? are they a trustworthy and reliable broker?
  • #2
  • Jul 24, 2008 3:43pm Jul 24, 2008 3:43pm
my friend alpari is my best broker for now. deposit on two occassions to 2 different account with them completed within 3-4 business days, 1st withdrawal i made took 5 business days but successive withdrawals i made took 4 business days, rare slippage, snipping allowed, no widening of spreads, scalping allowed, micro and macro lot trading possible, regulated, leverages up to 1:500,have meta trader platform, though no chatting system they respond fastest to your mails......................................................................................................................, infact i am just satisfied with them.
know thy edge and abide by it ! 4 in it shall thou be successful !
  • #3
  • Jul 24, 2008 3:53pm Jul 24, 2008 3:53pm
Quoting robertsonakp
my friend alpari is my best broker for now. deposit on two occassions to 2 different account with them completed within 3-4 business days, 1st withdrawal i made took 5 business days but successive withdrawals i made took 4 business days,
Deposit/Withdrawal that need more than 3 days is inefficient. Oanda took less than 24 hours most of the time. Alpari have no Live Chat, cannot trade 1 unit etc.
  • #4
  • Jul 24, 2008 4:05pm Jul 24, 2008 4:05pm
Quoting fxfei
Deposit/Withdrawal that need more than 3 days is inefficient. Oanda took less than 24 hours most of the time. Alpari have no Live Chat, cannot trade 1 unit etc.
d method of transfer used is wire transfer, how possible can wire transfer be completed in 24 hours , i wouldnt know if you are talking about other means which of course should be lesser. talking about your 1 unit, dont get you ? do you mean 1 lot ? if yes they do.
know thy edge and abide by it ! 4 in it shall thou be successful !
  • #5
  • Jul 24, 2008 4:07pm Jul 24, 2008 4:07pm
Quoting robertsonakp
d method of transfer used is wire transfer, how possible can wire transfer be completed in 24 hours , i wouldnt know if you are talking about other means which of course should be lesser. talking about your 1 unit, dont get you ? do you mean 1 lot ? if yes they do.

Wires can be done in less than 24 hours... do a lot of companies do it that fast? no

with Oanda you can trade as little as 1 EUR or 1 Dollar, it is not lot based.
  • #6
  • Jul 24, 2008 4:16pm Jul 24, 2008 4:16pm
Quoting robertsonakp
d method of transfer used is wire transfer, how possible can wire transfer be completed in 24 hours , i wouldnt know if you are talking about other means which of course should be lesser. talking about your 1 unit, dont get you ? do you mean 1 lot ? if yes they do.
Oanda can achieve that. From the point I submitted a bank wire withdrawal request to the point I saw the money in my bank need less than 24 hours. Deposit also the same, I am refer to international Bank wire here. 1 mini lot is 10000 units. Oanda can trade 0.0001 mini lot.
  • #7
  • Jul 24, 2008 4:53pm Jul 24, 2008 4:53pm
Quoting fxfei
1 mini lot is 10000 units. Oanda can trade 0.0001 mini lot.
if oanda can trade 0.0001 mini lot, i'm sorry what i'm i going to gain by trading 0.0001 mini even if i gain 1000pips and i use a dollar account what would that be to me in dollars? so insignificant that i better seek for another job. its just useless trading such lot sizes even if a broke provides it.
know thy edge and abide by it ! 4 in it shall thou be successful !
  • #8
  • Jul 24, 2008 5:07pm Jul 24, 2008 5:07pm
Quoting robertsonakp
if oanda can trade 0.0001 mini lot, i'm sorry what i'm i going to gain by trading 0.0001 mini even if i gain 1000pips and i use a dollar account what would that be to me in dollars? so insignificant that i better seek for another job. its just useless trading such lot sizes.
It's not useful for me and not's useful for you but that doesnt mean that it might not be useful for someone else. Especially, a newbie or someone testing a new strategy, where how much they make or lose is not what they care about. Oanda, apparently can also do delivery so it might make sense for someone who wants to take delivery of 1,000 or 500 Euros.
  • #9
  • Jul 24, 2008 5:26pm Jul 24, 2008 5:26pm
Thanks guys for responses.
I wouldnt use wire transfere as there is a fee for that so I would just get a cheque if they can send a cheque?
Also that 0.0001 lot thing wouldnt interest me, although maybe good to live test strategies? But i think I will stick with alpari as they are uk based and I live there. Thanks again.
  • #10
  • Jul 25, 2008 5:20am Jul 25, 2008 5:20am
Quoting robertsonakp
d method of transfer used is wire transfer, how possible can wire transfer be completed in 24 hours , i wouldnt know if you are talking about other means which of course should be lesser. talking about your 1 unit, dont get you ? do you mean 1 lot ? if yes they do.
You need to become more familiar with banking transactions. Wire transfers can be completed in less than one hour.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #11
  • Edited 7:14am Jul 25, 2008 5:23am | Edited 7:14am
Quoting robertsonakp
my friend alpari is my best broker for now. deposit on two occassions to 2 different account with them completed within 3-4 business days, 1st withdrawal i made took 5 business days but successive withdrawals i made took 4 business days, rare slippage, snipping allowed, no widening of spreads, scalping allowed, micro and macro lot trading possible, regulated, leverages up to 1:500,have meta trader platform, though no chatting system they respond fastest to your mails......................................................................................................................, infact i am just satisfied with them.
If you have a good relationship with your broker and their accountant department, you can get your deposit completed and start to trade in 24 hours. Withdrawals can be completed in 24 hours by wire transfer. So, you may want to rethink about your best broker suggestion. FXDD has never given me any problems.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #12
  • Jul 25, 2008 2:39pm Jul 25, 2008 2:39pm
Quoting CTGUY
Wire transfers can be completed in less than one hour.
True. But in certain countries, like mine for example, banks like to hold your money a little longer. Just information: the fastest transfer is via ATM. Showing up in banks to transfer between individuals takes 1 to 3 days, depends upon the differences in origin and recipient area of living and how much money you send. Transfer from a corporation to an individual in two big cities takes 7 days (including Sundays)---They still use Pony Express even now
  • #13
  • Jul 26, 2008 7:10am Jul 26, 2008 7:10am
Hi, I am a Alpari (UK) user, I must admit I was suprised when I discovered that their order execution is much faster on their live server then on demo server !
I am very satisfied with them (so far). If you look for good MT4 broker I can reccomend them. Of course, there are some negatives also - like wiretransfer only deposit which cost up to 16 GBP for out of EU coutries.
  • #14
  • Jul 26, 2008 7:22am Jul 26, 2008 7:22am
So far, nothing much problem wif them. All things go smooth. Althought they did not provide us wif the live support ( i quite unhappy wif this ), but they still reply my mail faz enough and make the answer clear for me.
  • #15
  • Jul 26, 2008 7:31am Jul 26, 2008 7:31am
Quoting mphpopular
So far, nothing much problem wif them. All things go smooth. Althought they did not provide us wif the live support ( i quite unhappy wif this ), but they still reply my mail faz enough and make the answer clear for me.
How do u normally deposit/withdraw fund??

I am using non-MT4 broker and wanna try out,...alpari


sonic
  • #16
  • Jul 26, 2008 8:19am Jul 26, 2008 8:19am
Wire transfer. I'm not sure is it alpari accept credit card or not.
  • #17
  • Jul 26, 2008 8:49am Jul 26, 2008 8:49am
Quoting Zen
True. But in certain countries, like mine for example, banks like to hold your money a little longer. Just information: the fastest transfer is via ATM. Showing up in banks to transfer between individuals takes 1 to 3 days, depends upon the differences in origin and recipient area of living and how much money you send. Transfer from a corporation to an individual in two big cities takes 7 days (including Sundays)---They still use Pony Express even now
Thanks for the reply my friend. I forgot about the ATM. I do know that FXDD is now debating how to implement this with their company.

Have a great weekend!
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #18
  • Jul 29, 2008 6:22am Jul 29, 2008 6:22am
Quoting fry2010
Thanks guys for responses.
I wouldnt use wire transfere as there is a fee for that so I would just get a cheque if they can send a cheque?
Also that 0.0001 lot thing wouldnt interest me, although maybe good to live test strategies? But i think I will stick with alpari as they are uk based and I live there. Thanks again.
Is $25 worth getting the money a week faster? If you become a big forex trader, they will send the wire for free.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #19
  • Jul 30, 2008 3:06pm Jul 30, 2008 3:06pm
Quoting fxfei
Deposit/Withdrawal that need more than 3 days is inefficient. Oanda took less than 24 hours most of the time. Alpari have no Live Chat, cannot trade 1 unit etc.
earlier today i received a withdrawal i requested yesterday, though i used some disturbance means. i was surprised receiving it earlier today meaning that it did not even take up to 24 hrs and wire transfer for that matter. i never knew it could be that fast. no withdrawal had been fast for me like that before.
know thy edge and abide by it ! 4 in it shall thou be successful !
  • #20
  • Jul 30, 2008 5:17pm Jul 30, 2008 5:17pm
Quoting CTGUY
Is $25 worth getting the money a week faster? If you become a big forex trader, they will send the wire for free.
I can wait as I wud prefere to keep the profit i may make. Unless I do ever start trading tens of thousands, then yeah wire transfere.
Glad to hear all the good reviews and thanks again guys.
robertsonakp when you say you had to use disturbance methods to get your money what did you mean by this? was they making it hard to get your money bak or somthing?
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