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Alpari.co.uk Discussion

  • #421
  • Jun 16, 2010 7:17am Jun 16, 2010 7:17am
Quoting swingtrader
fxpro isnt a garbage i have an account with them and i do have account with alpari uk,both brokers are preety good in service.
swingtrader,

did u required to send certified true documents to them for alphari when u open live account with them?. if yes what are those?.

for fxpro , the process is fast and already done with live transaction now after deposit. Everything is smooth.

As for alphari , do want to see best outcome from them. will go for them. hope they won't ripped people money as many review on the internet claim..
  • #422
  • Jun 16, 2010 11:14am Jun 16, 2010 11:14am
Quoting cooltrader28
fxpro is total garbage compared to oanda ..

what you talking about
Garbage? I don't think so. Recently just withdraw small money for my expenses.
Attached Image (click to enlarge)
Click to Enlarge Name: fxpro mt4.gif Size: 73 KB
  • #423
  • Jun 16, 2010 8:49pm Jun 16, 2010 8:49pm
Quoting forexsaint
There aren't 2 brokers FuXari UK and FuXCm in whole world. THATS WHY!
My point was that the offence they were fined for wasn't one that would indicate there was any risk in trading with them, rather that they should have been more thorough in checking the details of people opening new accounts.

At least they segregate funds which many brokers do not. Do you have a personal axe to grind with Alpari UK or something?
  • #424
  • Jun 18, 2010 3:04am Jun 18, 2010 3:04am
melode .. do you think this thread is infected with hidden spammers that pretend to be the REAL TRADERS ..

im sick

fxpro and alpari uk are both shady organizations .. but i must say for alpari that im only suspicious with the uk branch ,,

the russian Mother
alpari / ru seems to be pretty good in quality ... although the support is really difficult the offfices ARE! far away

alpari us i have no experiance !

but cyprus registered www.fxpro.com .. you must be kidding me
sure you can withdrawl small 200 bucks .. oh yes and its handled very fast , oh they do have rented letter boxes all over the world, but manipulation is at the highest level ! good luck

/ respect my statement : i would never talk anyone down when i have no real proof.
  • #425
  • Jun 23, 2010 3:48pm Jun 23, 2010 3:48pm
I emailed Alpari.co.uk regarding their margin call system, and they replied with this message:

"Alpari UK do not operate a “Margin Call” system. Instead we operate an automatic stop out. This means that if the equity on an account falls below 20% of the required margin for the open position then the system will automatically start closing out positions starting with the position making the greatest loss."

What do they mean by 20% of the required margin? Is that the initial deposit or the free margin? Say I opened a Classic Account and placed €1000 in. With a Leverage of 1:500, I buy 1 Lot (100,000) of Eur/Usd @ $1.2000, which means the margin required to open this trade is €200 leaving €800 Free Margin, when would I get an automatic stop out, and how do you calculate it? If someone could explain this (using this example or your own example, whichever is fine), it would be greatly appreciated.
  • #426
  • Jun 23, 2010 4:06pm Jun 23, 2010 4:06pm
Quoting Morita
I emailed Alpari.co.uk regarding their margin call system, and they replied with this message:

[color=black]"Alpari UK do not operate a...
In your example when your equity goes below $40 u get stop out. 200x20%=40.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #427
  • Jun 23, 2010 4:46pm Jun 23, 2010 4:46pm
Quoting LuboLabo
In your example when your equity goes below $40 u get stop out. 200x20%=40.

Lubo.
Ahhhh, so what they mean is 20% of the equity used for a single order? What about multiple orders? This gets a lil confusing for me..

If I changed the numbers around a bit, and bought 4 lots this time @ the same leverage of 500:1, this would mean that I need €800 of the €1000 I deposited, leaving €200 free margin. Would this mean that I would get automatically stopped out when my equity goes below €160 (€800 x 20% = €160), even tho the current loss due to this losing trade (€640) would be greater than my free margin (€640 > €200)?
  • #428
  • Jun 23, 2010 5:06pm Jun 23, 2010 5:06pm
Quoting Morita
Ahhhh, so what they mean is 20% of the equity used for a single order? What about multiple orders? This gets a lil confusing for me..

If I changed the numbers around a bit, and bought 4 lots this time @ the same leverage of 500:1, this would mean that I need €800 of the €1000 I deposited, leaving €200 free margin. Would this mean that I would get automatically stopped out when my equity goes below €160 (€800 x 20% = €160), even tho the current loss due to this losing trade (€640) would be greater than my...
When your goes below 160 the position making the greatest loss will be close first and then the others. Your free margin is only for open positions, if u don't have free margin you cannot open positions.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #429
  • Jun 24, 2010 6:45am Jun 24, 2010 6:45am
Quoting LuboLabo
When your goes below 160 the position making the greatest loss will be close first and then the others. Your free margin is only for open positions, if u don't have free margin you cannot open positions.

Lubo.
Awesome, thanks alot man! Everything is clear as day to me now, much appreciated!
  • #430
  • Jun 25, 2010 4:50am Jun 25, 2010 4:50am
Quote
Does anybody know much about alpari? I want to know how efficient they are.

I just know they are from Russia and they use MT4. Could you tell me their leverage and spreads for majors?
  • #431
  • Jun 26, 2010 1:08pm Jun 26, 2010 1:08pm
Quoting cooltrader28

fxpro and alpari uk are both shady organizations .. but i must say for alpari that im only suspicious with the uk branch ,,
Why? Used them for a year, had no issues at all except the odd re-quote.

Withdrawals are quick and painless.

They are FSA regulated. What can they get away with? Very little.

What is your issue?
  • #432
  • Jul 1, 2010 10:37pm Jul 1, 2010 10:37pm
Quoting Trotty
Why? Used them for a year, had no issues at all except the odd re-quote.

Withdrawals are quick and painless.

They are FSA regulated. What can they get away with? Very little.

What is your issue?
FSA Regulated?. i received email from [email protected], showing the montly statement of transaction to confirm.

Anyone have received email from the above ? It is right alphari uk email us this monthly statement.

It is getting really suspicous...any comments???

thks....
  • #433
  • Jul 5, 2010 6:09am Jul 5, 2010 6:09am
Dear Sir / Madam,

We can confirm that [color=#000000][email protected][/color] is the email address from which we send out automated daily and monthly statements. If you have any questions with regards to the monthly statement please contact our Client Services team on [color=#000000][email protected][/color]

Client Services
__________________
Alpari (UK) Limited
5th Floor
201 Bishopsgate
London
EC2M 3AB
United Kingdom
Tel: +44 (0)20 7426 2900
[email protected]
www.alpari.co.uk
  • #434
  • Jul 6, 2010 11:46am Jul 6, 2010 11:46am
Quoting melode
FSA Regulated?. i received email from [email protected], showing the montly statement of transaction to confirm.

Anyone have received email from the above ? It is right alphari uk email us this monthly statement.

It is getting really suspicous...any comments???

thks....
Why you consider this suispicious?
  • #435
  • Jul 6, 2010 12:49pm Jul 6, 2010 12:49pm
They only send a monthly statement if you have a live account.
  • #436
  • Jul 11, 2010 6:39am Jul 11, 2010 6:39am
it anyone have live account drawn problem?
  • #437
  • Jul 12, 2010 4:11am Jul 12, 2010 4:11am
Quoting willf
They only send a monthly statement if you have a live account.
They send me only daily statements.
  • #438
  • Jul 13, 2010 5:01am Jul 13, 2010 5:01am
Quoting jordan_clk
it anyone have live account drawn problem?
Have already a few years an account with ALPARI UK, never had issues to withdraw my profits.
  • #439
  • Jul 13, 2010 5:21am Jul 13, 2010 5:21am
Same here. They are regulated by the FSA so you won't get problems being paid. Unless you don't fill out their withdrawal for properly
  • #440
  • Jul 13, 2010 7:58am Jul 13, 2010 7:58am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
No problem at all


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