I don't like misguiding marketing-campaigns. Alpari is probably the most aggressive marketing-broker around the block and the new campaign to attract clients most be the worst I have seen so far. I can't believe people fall for it.
Be aware of if you lose money, they remove it from your INITIAL deposit, NOT the trading-credit (source: Alpari, e-mail: "Please note that during the promotion, any losses are deducted from your balance, not the trading credit").
In practice, the only "positive" thing you get from this great campaign, is a higher leverage since the bonus only can make you buy larger positions. Thats practical when you have a 1:100 leverage
My bad, I forgot you get the bonus if you trade at least 200 (standard, 100k) lots if you make a 1000$ deposit and 800 lots if your depositing 5k! What a deal, thats a turnover of 20.000.000 units !
For the record, I have nothing against Alpari, I have traded with them before without any major complication (except hopeless customer-service).
Be aware of if you lose money, they remove it from your INITIAL deposit, NOT the trading-credit (source: Alpari, e-mail: "Please note that during the promotion, any losses are deducted from your balance, not the trading credit").
In practice, the only "positive" thing you get from this great campaign, is a higher leverage since the bonus only can make you buy larger positions. Thats practical when you have a 1:100 leverage
My bad, I forgot you get the bonus if you trade at least 200 (standard, 100k) lots if you make a 1000$ deposit and 800 lots if your depositing 5k! What a deal, thats a turnover of 20.000.000 units !
For the record, I have nothing against Alpari, I have traded with them before without any major complication (except hopeless customer-service).
Measure twice, cut once
