I had an account with this company. Negative impressions. Within two months of selling small volumes, increased deposits by 30%, it was all fine. Increased the volume up to 1 lot and started getting requotes, delayed execution of order, a large slip. In addition, when opening the order for the euro execution took place at a spread worse. Thus, when opening the order lost spread and closing orders lost spread and spread paid for the warrant. Total 6 points spread received a pair of eurusd.
Would not recommend to run this company.
Alpari had a good 5 seconds to close my one of my deals with real cash at my TP, but they didnt, the wick just chilled out below my sell TP, and nothing happend. I even had the time to spam the thing with my script twice, nothing happend.
So finally i got out with -2 pips, god damn friggin bucketshop, aint many decent people left in this world. Sure they can SAY its because of this and that. Besides i funded my account this tuesday, and the cash isnt there yet.
As you can imagine, speed is really important to me, i often open and close within 30 seconds.
On top of that: I had a buy that went kinda sour just now, looking to close at BE or a pip of profit. It got to about +0.5 pip i use my close script, nothing happend. Then it slightly dipped to -0.14 pips and close there. Im not sure if there are brokers that close an order within 1-2 second, cause thats what i would need.
And just now, requote of my buy order. Requotes i get, sort of, the price is moving so fast that it has changed when the data from my computer reaches alpari servers, so at least i dont loose money, is just loose the chance to gain it.
Alpari’s shareholders have no intention to sell Alpari prior to the planned IPO in 2014. There are no ongoing discussions on this subject despite the huge interest from private equity funds and banks. Alpari is one of the best capitalised FX brokers in the world. Alpari (UK) and Alpari (US) alone have capital approaching $85m, and there is no need for us to be looking for additional liquidity.
Alpari Group is very profitable, and has been growing exponentially from starting as a small FX broker 12 years ago to becoming one of the largest FX brokers in the world with monthly turnover in excess of $145 bn. More than 330,000 clients have opened live accounts with Alpari. We now have over 30 offices in 13 different countries and are servicing more than 150 countries through the London Headquarters of our Global Operations, with further expansion planned.
We have offices in London, New York, Boston, Frankfurt, Shanghai, Mumbai, Dubai, Moscow and other major financial centres worldwide.
We are regulated in 6 countries by the most reputable authorities such as FSA, NFA, BaFin, DED, SEBI.
We are also members of 7 exchanges:
DGCX in Dubai
MCX, NSE & USE in India,
MICEX, RTS Stock Exchange and St. Petersburg exchange in Russia.
With regards to alparifx.com, Alpari does not own this domain name. Alpari considers this to be a very serious matter and our legal advisors are currently considering all options.
