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Alpari.co.uk Discussion

  • #341
  • Sep 3, 2009 3:47pm Sep 3, 2009 3:47pm
Hello...I hope this is an open thread about Alpari UK so this shouldn't be a hijack. Anyone ever have the currency pairs in the order window change on them after it was opened or other strange behavior such as the the currency pairs in the order window flickering back and forth by themselves between different currency pairs. I am wondering if I am the only one this has happened to.
Other than that problem - (just once recently in the four or five months I have been with them) - I am happy with the service they provide. Fills are generally 1 or 2 seconds either opening or closing a trade unless the candles are moving fast. Their response time on emails though usually runs several days.
Let me know if you have had any similar problems with the order window.
Thanks, Boomer.
  • #342
  • Sep 4, 2009 9:25am Sep 4, 2009 9:25am
Quoting SkyzerFX
Too bad that Alpari.co.uk does not accepting customers
from USA.
if you want to use alpari uk becouse of nfa rules you can use fxcm.co.uk.
  • #343
  • Sep 5, 2009 3:23pm Sep 5, 2009 3:23pm
Quoting hamidwt
if you want to use alpari uk becouse of nfa rules you can use fxcm.co.uk.
Yes but note:
Minimum Account Opening Balance: $2,000 USD
  • #344
  • Sep 6, 2009 3:22am Sep 6, 2009 3:22am
Quoting egkid
Yes but note:
Minimum Account Opening Balance: $2,000 USD
what about alpari (russia)? why dont you try it?
minimum deposit is 200$
  • #345
  • Sep 13, 2009 3:38pm Sep 13, 2009 3:38pm
Those Who Like Nice ...ULTRASmall Spreads ... esp variable ones

Forget everything and join Alpari UK now ...
just do 1 thing before that
Read this > PROOF <

Hope that helps!
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #346
  • Sep 14, 2009 1:46am Sep 14, 2009 1:46am
I can't open the file, can you give us a clue ?

Thanks
  • #347
  • Sep 14, 2009 2:11am Sep 14, 2009 2:11am
Quoting Paj
I can't open the file, can you give us a clue ?

Thanks
They are log files for each day per pair within a rar compressed file.... within the Zip file (to be FF compliant)
use any rar extraction software e.g Winrar
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #348
  • Sep 17, 2009 1:57pm Sep 17, 2009 1:57pm
Hey, forexsaint… What is this file? But I can’t open it. Thanks for sharing anyway. One more question: how can I load funds to my account in Alpari.co.uk? Do they allow PayPal, credit cards, or money wire transfer?
  • #349
  • Sep 17, 2009 2:23pm Sep 17, 2009 2:23pm
Quoting FXMistress
Hey, forexsaint… What is this file? But I can’t open it. Thanks for sharing anyway. One more question: how can I load funds to my account in Alpari.co.uk? Do they allow PayPal, credit cards, or money wire transfer?
File is provided in the thread above. But feels like people are having problems with compressed file. (i actually compressed it in rar format)
any way posting new link
Txt files.. all into a Zipped file.
> DOWNLOAD <
Hope that helps!


Sorry..Alpari uk sucks here too... only Wire and check(?)
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #350
  • Sep 22, 2009 4:31pm Sep 22, 2009 4:31pm
Hmmm, Alpari have a 12.4 pip spread on cable as I type this. I'm thinking of phoning them up and asking if they've got anything a bit wider.

Come on guys this is laughable. Oanda can offer 4 pips during Sydney, what the hell is wrong with you?
  • #351
  • Sep 22, 2009 6:13pm Sep 22, 2009 6:13pm
If you are scalping... do not use Alpari... I use them... I do scalp a little... and they are bastdards like that... I kept on getting re-quotes and then and soon as I was in the loss and attempted to close out... guess what... trade executed.

If there is a little hint of volatility... forget these boys... you'll get requotes... I got this not even with news.

I am not too happy with Alpari to tell you truth... does not suit my trading style... keep hearing good things about Oanda though.

Though don't take my word for it with Alpari.. give it a go yourself and see how you get on, open up a micro account and test.

Regards,
Vip
  • #352
  • Sep 22, 2009 6:18pm Sep 22, 2009 6:18pm
Spread widening... I have had this - and this is a micro account.

Some people are going to say good stuff... some are going to say bad stuff... you need to test yourself and your trading style to see if that broker suits you.

Everyone is going to be different... i.e. some companies allow scalping... some don't, etc... and Alpari do not like scalpers... simples.

Quoting JStein
Hi,

I use a live account at Alpari UK., using 3 different EAs and some manual tradng. There are no problems with requotes, spread widening trange messages and such things. I'm very happy with tehm. (and withdrawals also very fas and no problems)
  • #353
  • Edited 12:42pm Sep 29, 2009 4:23am | Edited 12:42pm
Dear Traders,

Please accept our apologies for not replying sooner to all your comments and concerns. We have looked at the results generated by ‘Spread Recorder’ and also looked through our own. Along with this post we are providing a full record of our spreads sorted by currency pair and hour of the day.

You will find 11 excel files at the bottom of this reply showing exactly how many times a particular spread was quoted during each day of the week commencing on September 7th.

By analysing the data for the trading week (7.09.09 – 11.09.09) we have found the following:

93.81% of all quotes in EUR/USD had a ≤1.8 pip spread during the European trading session (8am – 5pm). If you include the US and Asian trading sessions 85.3% of all quotes were ≤1.8 pips. Our previous fixed spread was 1.8 pips.

99.5% of all quotes in EUR/GBP had a ≤3.0 pip spread during the European trading session (8am – 5pm). If you include the US and Asian trading sessions 95.45% of all quotes were ≤3.0 pips. Our previous fixed spread was 3 pips. In addition, our previous fixed spread on EUR/GBP was 5 pips during UK night-time hours. The new variable spread service provided 99.99% of all quotes at ≤5.0 pips during night time hours (midnight – 8am). This is the most glaring evidence that we are striving to improve spreads during all trading sessions, improve our level of service and establish a reputable name amongst the trading community.

89.31% of all quotes in GBP/USD had a ≤3.0 pip spread during the European trading session (8am – 5pm). If you include the US and Asian trading sessions 73.78% of all quotes were ≤3.0 pips. Our previous fixed spread was 3 pips.

99.64% of all quotes in USD/JPY had a ≤2.8 pip spread during the European trading session (8am – 5pm). If you include the US and Asian trading sessions 95.62% of all quotes were ≤2.8 pips. Our previous fixed spread was 2.8 pips.

99.67% of all quotes in USD/CHF had a ≤4.0 pip spread during the European trading session (8am – 5pm). If you include the US and Asian trading sessions 99.18% of all quotes were ≤4.0 pips. Our previous fixed spread was 4.0 pips.

As you can see, we have made a significant step in the right direction with regards to improving spreads for our clients. We wholeheartedly accept that there may be times when spreads widen beyond what you feel is acceptable but it is important to understand that inter-bank liquidity can become an issue in some currency pairs during night-time hours which leads to wider spreads. Our spreads can sometimes widen beyond the minimum we advertise – but this is quite rare and in-line with broad market conditions as inter-bank spreads widen across the board.

We reject any claims that we have introduced variable spreads simply to generate more profit or that variable spreads give us the opportunity to interfere with pending client orders. We are a fully regulated company in 3 different continents, providing trading services to over 130,000 clients worldwide; it is our core goal to be transparent and professional in all our activities, including execution. Variable spreads were introduced to improve trading conditions for our clients and to help us manage our own risk exposure against banking counterparties.

We are very pleased to see that the trading community is creating a variety of tools both for trading purposes but also to compare and contrast different brokers. We are very confident in the quality of our services, not only in terms of execution but also product innovation, technology, customer service and security of capital.

The range and type of services we offer will soon be expanding and we hope to use such opportunities to demonstrate to people that we are an honest, serious company which is determined to be successful but not at any cost. We have not achieved our level of success by being any other than professional and sympathetic with our clients’ needs.

If you have any further queries, please don’t hesitate to contact Alpari (UK) Client Services at [email protected]; we would be delighted to discuss this or any other issues in more detail.

Alpari (UK)
Attached File(s)
File Type: zip Spreads.zip   655 KB | 363 downloads
  • #354
  • Sep 29, 2009 5:30am Sep 29, 2009 5:30am
Quoting Alpari UK
We have looked at the results generated by ‘Spread Recorder’ and also looked through our own.
You just looked at your own modified records ! Nothing more!

Quote
You will find 11 excel files at the bottom of this reply showing exactly how many times a particular spread was quoted during each day of the week commencing on September 7th.
We dont need these excel files which are of no use, esp when in the POST, you have posted here only 2 day results !

Quote
By analysing the data for the trading week (7.09.09 – 11.09.09) we have found the following:
7th to 9th Sept is not a week !
Get Your math right first!

An analysis of Logs has been Done for the Commonly accepted Most liquid day of week WEDNESDAY in > POST 10<
If this day CANT prove what exactly you people have done with variable spreads..then there is no point analysing whole week. In those other days, of course u will be padding more to the real interbank spreads due to less liquidity.

So Provide us with whatever data (manipulated or whatever..let us see first)
for WEDNESDAY (9.09.2009) On all major 4 PAIRS esp EURUSD
and your calculations...then lets compare!


Quote
93.81% of all quotes in EUR/USD had a ≤1.8 pip spread during the European trading session (8am – 5pm). If you include the US and Asian trading sessions 85.3% of all quotes were ≤1.8 pips. Our previous fixed spread was 1.8 pips.
99.5% of all quotes in EUR/GBP ...........
These results mean nothing ! .. what these results are from whole week? or wednesday?
We have posted STATS before in this thread. and not what you are posting.
Talking of "in-line with broad market conditions as inter-bank spreads widen across the board." why you were having FIXED spread till date then? "3 continents,130,000 clients " were not enough to earn much till date?

Quote
We reject any claims that we have introduced variable spreads simply to generate more profit or that variable spreads give us the opportunity to interfere with pending client orders. We are a fully regulated company in 3 different continents, providing trading services to over 130,000 clients worldwide; it is our core goal to be transparent and professional in all our activities, including execution. Variable spreads were introduced to improve trading conditions for our clients and to help us manage our own risk exposure against banking counterparties....
WE REJECT your Claims, till you provide us proof in this regard and then we will think of checking our details again !
YES, we , Traders dont need REGULATION, but we are part of UNBIASED, RESPECTED Community which have proved time and again... How many brokers like you play dirty games to grab money of traders.. block funds while withdrawing, stop hunt, virtual dealer plugin, putting winners on manual execution , (now dont ask tell us the problem..there are loads of threads here..where broker representatives just leave , saving their a$$e$, after posting some tacid and canned replies)

Quote
The range and type of services we offer will soon be expanding and we hope to use such opportunities to demonstrate to people that we are an honest, serious company which is determined to be successful but not at any cost.
First better what you are providing than luring other newbies to eat thier money with new services you are talking of !


Quote
If you have any further queries, please don’t hesitate to contact Alpari (UK) Client Services at [email protected]; we would be delighted...
We dont want those automatic emails !
For Further Explanation, Reply HERE
We would be more than delighted to Discuss and Prove the TRUTH HERE !


Quote
Alpari (UK)
Regards
FF's Mt4 Traders with "Conflict of Interest"
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #355
  • Sep 29, 2009 5:50am Sep 29, 2009 5:50am
Please don't talk rubbish Alpari.

Spreads on an institutional bank platform (such as Barc, UBS etc) are tight ALL DAY AND NIGHT. You can get EUR/USD FIXED spread at 0.8/1pip on institutional platforms 24/7, so stop lying.

Obviously you are trying to rip off as many retail customers as possible hiding under the 'flexible interbank' spread nonsense.

Just get a Bloomberg terminal with live streaming quotes from all banks and you will see true market spreads well below what you claim, even in Asian sessions.

You talk as if nobody trades in US and Japan and the FX market suddenly dires up.....So why do banks have FX traders out there then....??

Just be honest and fix the spreads at something reasonable. I am sure you can get a good deal wit one of the large liquidity providers......
  • #356
  • Sep 29, 2009 7:58am Sep 29, 2009 7:58am
hi everybody. Any clue as on what is the validity of a demo account with alpari uk ? thks
  • #357
  • Sep 29, 2009 8:58am Sep 29, 2009 8:58am
Quoting ukmanthailan
Alpari have a 12.4 pip spread on cable as I type this. I'm thinking of phoning them up and asking if they've got anything a bit wider.
i hope u were not diasppointed after the call !
They have lot wider & wilder stuff ......
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #358
  • Sep 30, 2009 9:20am Sep 30, 2009 9:20am
@ canadian10 - as far as I am aware, demo accounts with Alpari UK do not have a time limit on them. I used one for over a year in any case.

@forexsaint - the thing that annoys me is they think we are stupid (and as I am still trading with them, I guess they have a point!) When I emailed them to ask why their spreads were so wide this was part of the reply:

Quote
Although sometimes the spreads will tighten, there will inevitably times when the spreads will widen. This will depend on currency and time of day that you are trading. We have also introduced additional price feeds, and so we are passing on the spreads that are available to us from the Interbank market.
If this was truly the case then why does the spread on cable never ever get any tighter than 2.5 pips? There are times in the interbank market when the bid and offer will converge. Also, right now, during the NY/London overlap I am still seeing the spread widen to over 3 pips at times. If this is the best they can do then I would much prefer going back to the fixed spread system.

They obviously introduced this system to shade prices and make more profit so why bother with the rubbish about it being so they can offer their clients more competitive spreads?
  • #359
  • Edited 10:24am Sep 30, 2009 10:04am | Edited 10:24am
Quoting canadian10
hi everybody. Any clue as on what is the validity of a demo account with alpari uk ? thks
Was an unlimited Demo but I had a few ZuluTrade connects that stopped working and PipCop that tests EA's said all of their Alpari Demo's died a couple days ago. They're doing something weird (resets, new server, who know? we got no warning). FXPro.com has unlimited Demo and GREAT! demo spreads that should be fine for testing. Also for those that dont know it - ALPARI HATES SCALPERS!!! - They use something similar to the infamous broker-plug (probably a in-house version) - They requote. Take minutes to reject an order before giving the requote. Slip you a couple pips AND worse than anything FREEZE THE FEED when the market take huge jumps (I'll be glad when price manipulators are a thing of the past!!) - this week I've seen 2 freezes on AlpariUK while Collective FX, ATC Brokers and JadeFX kept on giving me a price feed. - Thats the worse!! So you can bank on not being able to get out of a trade until you lose a good deal of the profit pips. (they play this game against YOU!! Not the worse of the bunch but they do all the standard Bucketshop Tricks) - I'm actually getting so sick of these MarketMakers that they're gonna make me start a STP!! (I can live off the spread ONLY!!)
  • #360
  • Oct 2, 2009 7:53am Oct 2, 2009 7:53am
Please give me and other alpari-users an explanation why you disconnected your feed just around news-time today? Would it not be better to just increase your spread instead of disconnecting your customers?
Measure twice, cut once
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