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Alpari, Liteforex etc

  • #1
  • First Post: Apr 5, 2008 10:09am Apr 5, 2008 10:09am
Hi everybody..
i already have a normal broker account, but this one doesnt allow 0.1 pip lots, it also doesnt allow automation since it doesnt support the MT4 platform.
I'm just looking to test little strategies, and do so on a real market (but using 0.01 or 0.1 $ pips)

Doesn anyone here know of a SAFE (meaning you can count on withdrawals) broker that supports MT4 (with EA automation), that allows micro lots (or less like Marketiva) and will ALSO be efficient (meaning fast deposits/withdrawals and fast order execution)..

By the way, i know Alpari and Liteforex are possibles choices, but i dont know yet if they allow automated EA trading..

thx for any help..
  • #2
  • Apr 5, 2008 10:30am Apr 5, 2008 10:30am
I can only speak for Alpari, but they are great. The spread is low (2 pips on EUR/USD) and I run several EA's there without problems.

Withdrawing is very fast (about 1 day) but if you don't have a bank account in UK they charge 15 pounds per withdrawal.

Regards - Xaron
  • #3
  • Apr 6, 2008 8:59am Apr 6, 2008 8:59am
thx for your reply Xaron, i'll have a better look at Alpari..
did you ever have trouble such as suspicious spikes (like it seems to happen in Oanda for example)?
  • #4
  • Apr 6, 2008 9:21am Apr 6, 2008 9:21am
No. No spikes so far. Even the spread widening is very rarely there. During NFP ok, but I get no spread widenings during less important news like at Oanda.

The drawback against Oanda is that you get requotes more often...

Regards - Xaron
  • #5
  • Apr 6, 2008 11:34am Apr 6, 2008 11:34am
Alpari-us is open and taking clients now since around March 7th.
  • #6
  • May 26, 2010 12:01am May 26, 2010 12:01am
LiteForex allows automated EA trading. You can even run an EA with your own Virtual Private Server if you need to. Like with any other MT4 broker there may be spikes. But usually LiteForex reconsiders such things.
  • #7
  • Jun 4, 2010 12:32am Jun 4, 2010 12:32am
Quoting Shuvalov
LiteForex allows automated EA trading. You can even run an EA with your own Virtual Private Server if you need to. Like with any other MT4 broker there may be spikes. But usually LiteForex reconsiders such things.
I have found that my orders at LiteForex are delayed often by 30 seconds or more, and then often get requoted and have to wait again. I never experienced delays when I first traded at LiteForex, only after withdrawing good profits.

If the delays are intended to fight against profitable traders then LiteForex is a very dirty broker.
  • #8
  • Jun 4, 2010 5:01am Jun 4, 2010 5:01am
Quoting Hyper
I have found that my orders at LiteForex are delayed often by 30 seconds or more, and then often get requoted and have to wait again. I never experienced delays when I first traded at LiteForex, only after withdrawing good profits.

If the delays are intended to fight against profitable traders then LiteForex is a very dirty broker.
Yup, same story. I used VPS just to test the technology and got basically the same picture. I withdrew funds without problems (around 16k USD), but it became impossible to trade. Guess a regular thing for a market-maker...
  • #9
  • Jul 18, 2010 3:53am Jul 18, 2010 3:53am
LiteForex very convenient company for me. Where you saw requoted there? I removed and 20k dollars. Never was delays with a conclusion of money. The support service always quickly and kindly works. I well-contented this company.
  • #10
  • Jul 18, 2010 11:16am Jul 18, 2010 11:16am
Quoting Shuvalov
LiteForex allows automated EA trading. You can even run an EA with your own Virtual Private Server if you need to. Like with any other MT4 broker there may be spikes. But usually LiteForex reconsiders such things.
that's interesting. I have personally tried to help our mutual liteforex traders in the past (using our vps) and a lite forex tech personally told me "we do not support vps".

they are one of the brokers with poor and unresponsive support too.



Alpari is good. no issues there.
BarrySDCA Commercial Network Services
  • #11
  • Jul 24, 2010 7:08pm Jul 24, 2010 7:08pm
These few weeks, I did my research over various of brokers, mostly with ECN or STD capability. (I'm over Oanda as I'm not able to hedging there anymore.)

Alpari UK got many high-rated, and satisfied customer reviews. 1st, I get confused between Alpari.uk and Alpari-forex.com. 2nd, When I check alpari.uk, there is no alpari-forex.com listed there. When I try to ask Alpari.uk about this confusion, sadly, there is no live chat. I have to wait long till they reply my email. ;(

I'm looking forward to trade with Alpari.uk, but first, is there anyone can convince me not to trade with this broker?
  • #12
  • Jul 26, 2010 3:59am Jul 26, 2010 3:59am
Quoting Andrenoidx
These few weeks, I did my research over various of brokers, mostly with ECN or STD capability.
Oops, bad misprint
  • #13
  • Jul 26, 2010 5:40am Jul 26, 2010 5:40am
alpari and forex.com are two different brokers. forex.com being the retail branche of gain capital which has had some critisizm here lately. Both these brokers offer mt4. Alpari has 5 digitis (at least alpari UK has), forex.com has 4 digits.

I have an account at both but I haven't been with them long enough to judge anything beyond the obvious.
  • #14
  • Jul 27, 2010 5:09am Jul 27, 2010 5:09am
Quoting Acrita
Oops, bad misprint
OMG, it's really BAD one. LOL!

Quote
alpari and forex.com are two different...

What you mean with by forex.com is www.alpari-forex.com right?

This is the email respond that I get from Alpari.uk :

Dear Sir

Thank you for your email.

www.alpari-forex.com is part of Alpari Russia, not Alpari UK.

The companies are independent entities, regulated by different authorities: Alpari UK is regulated by the FSA in the UK, and Alpari Russia is regulated by the Financial Regulation Agency in Russia.
Our servers are based in the UK; you would need to contact the other Alpari entities to find out where their servers are.
Alpari UK offers ECN on Pro accounts. On such platform there are no requotes, but our spreads are variable, therefore if the spreads widen in the market, we would reflect this.
NDD execution is available for our Pro accounts only.

For Classic and Micro accounts 99.6% of trades executed automatically. This means that Classic and Micro accounts have instant execution guaranteed until a certain number of lots; please refer to http://www.alpari.co.uk/en/trading_accounts/spreads_margins.html as the number of lots varies depending on the currency pair. Please look at the column “Instant execution” in this page.

We do not have any restrictions on scalping or hedging.
  • #15
  • Last Post: Sep 9, 2011 11:36pm Sep 9, 2011 11:36pm
Quoting Postrock
Hi everybody..
i already have a normal broker account, but this one doesnt allow 0.1 pip lots, it also doesnt allow automation since it doesnt support the MT4 platform.
I'm just looking to test little strategies, and do so on a real market (but using 0.01 or 0.1 $ pips)

Doesn anyone here know of a SAFE (meaning you can count on withdrawals) broker that supports MT4 (with EA automation), that allows micro lots (or less like Marketiva) and will ALSO be efficient (meaning fast deposits/withdrawals and fast order execution)..

By the way, i know...
Hello,

LiteForex has block my account & steal my profit!
Here is my thread
http://www.forexfactory.com/showthread.php?t=313217
Stay away from them.

Thanks.
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