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Alpari.co.uk Discussion

  • #981
  • Apr 15, 2013 12:20am Apr 15, 2013 12:20am
Quoting HarriFF
Update: So I check the feed again as soon as the market opens again for retail trade (UK 22:00pm). Fridays bar has DISAPPEARED! It's turned into a normal looking bar. Seriously bizarre {image}
And that's why I decided to quit with them. It is not the first time this happened. I wonder why other brokers don't have this problems. Oh well.
  • #982
  • Apr 15, 2013 6:52am Apr 15, 2013 6:52am
Hi,

Quoting HarriFF
What the heck is this? 15 minutes before Alpari closes for the weeked their feed shows a HUGE drop? I compared with other feeds from the ff site and all have closing prices 30-40 pips higher. Their servers are on Eastern European time. {image}
Quoting HarriFF
Update: So I check the feed again as soon as the market opens again for retail trade (UK 22:00pm). Fridays bar has DISAPPEARED! It's turned into a normal looking bar. Seriously bizarre {image}
The wide spread in the last second of trading was simply a bad price from a single provider (although probably a fair reflection of their interest in trading in the last second of trading). On the basis that it wasn't really representative of the market state at that time we have amended the chart.

Quoting IndigoPingvi
And that's why I decided to quit with them. It is not the first time this happened. I wonder why other brokers don't have this problems. Oh well.
Spikes happen at different brokers at different times. At the end of the day, it's all dependent on the prices that have been received from the liquidity provider.


Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #983
  • Apr 15, 2013 7:06am Apr 15, 2013 7:06am
Hello Alex,

Can you answer on my question? I notice just today, when i opening alpari.co.uk it direct me to alpari.ru

Why it is like that, you have some explanation?

Thank you !
  • #984
  • Edited 8:46am Apr 16, 2013 8:27am | Edited 8:46am
Quoting dzero
Hello Alex, Can you answer on my question? I notice just today, when i opening alpari.co.uk it direct me to alpari.ru Why it is like that, you have some explanation? Thank you !
Hi dzero,

Happy to help.

To visit our UK site, please click here and select United Kingdom.

http://img402.imageshack.us/img402/3...alhomepage.jpg

Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #985
  • Edited 9:24am Apr 19, 2013 9:14am | Edited 9:24am
Maybe someone knows..

How to get rid of this annoying thud "dingg"
that occurs every time a new candle appears or when you switch from M1 to M5.
It drives me mad

It happens only with Alpari MT4

Does someone have the same problem (feature) ?
How to opt out annoying user signatures ??
  • #986
  • Apr 19, 2013 9:44am Apr 19, 2013 9:44am
Quoting Toranaga
Maybe someone knows.. How to get rid of this annoying thud "dingg" that occurs every time a new candle appears or when you switch from M1 to M5. It drives me mad It happens only with Alpari MT4 Does someone have the same problem (feature) ?
Menu -- Tools -- Options -- Events tab
Uncheck the "enable" box.
You can also selectively disable only certain sounds.
  • #987
  • Apr 25, 2013 12:57am Apr 25, 2013 12:57am
MT5 is there a way to get rid of the up and down arrows that show entry and exits of trades i find them really annoying on the chart
  • #988
  • Apr 25, 2013 1:11am Apr 25, 2013 1:11am
Quoting remi05
MT5 is there a way to get rid of the up and down arrows that show entry and exits of trades i find them really annoying on the chart
Menu -- Tools -- Options -- Trade tab, unclick Show realtime history of deals on chart.
  • #989
  • Apr 26, 2013 4:46am Apr 26, 2013 4:46am
International Workers’ Day trading hours

Please be aware that trading in the below European products will be closed on 1 May 2013 due to the International Workers' Day holiday:

 

  1. Stoxx 50
  2. German 30
  3. French 40


Normal trading hours will resume on 2 May.

________
Alexander Chadwick
Alpari (UK) Representative

  • #990
  • Apr 29, 2013 4:39am Apr 29, 2013 4:39am
when i connect to mt5 server on my mobile phone it says invalid server name contact broker.
works on my Pc but not on my iphone started today have worked fine for several weeks so is there only problem with the i-OS app?
  • #991
  • Apr 29, 2013 4:41am Apr 29, 2013 4:41am
i had the same problem switch server to "Alpari-MT5" no "AlpariUK-MT5"

giannis
  • #992
  • Apr 29, 2013 6:33am Apr 29, 2013 6:33am
thank you it worked for me to
  • #993
  • May 12, 2013 7:41am May 12, 2013 7:41am
I've used an Alpari UK micro account for several years, on and off, and not encountered any major problems with it. However, now I wish to trade full time with a lot more money and I would therefore like to ask for clarification on a few points that I don't understand. (These questions are aimed at Alex from Alpari if you're still around)

I have seen many references to Alpari's "multiple liquidity providers" but not once have I seen any of them named. I find this very disturbing. If they are reputable banks, which are involved in making a market in the interbank environment, why can't you name them? The fact you do not name them seems to suggest that they are not in fact reputable market making banks.

My second question is who are the participants making prices on the ECN service? I noticed that you said none of them are banks so who are they?

I don't mean this post to come across as anti Alpari in any way as I have not had any problems with the company, as I mentioned above. But, now that I will be risking much more of my money, I think my questions are reasonable. If, for example, I suffered a financial loss from a strange price quote and Alpari tells me it was from one of their liqudity providers, there is no way for me to check if this is in fact true if I do not know who the lquidity provider in question is. I find that a most unsatisfactory position to be in when risking what for me will be large sums of money.
  • #994
  • May 13, 2013 1:52am May 13, 2013 1:52am
Quoting ukmanthailan
I've used an Alpari UK micro account for several years, on and off, and not encountered any major problems with it. However, now I wish to trade full time with a lot more money and I would therefore like to ask for clarification on a few points that I don't understand. (These questions are aimed at Alex from Alpari if you're still around) I have seen many references to Alpari's "multiple liquidity providers" but not once have I seen any of them named. I find this very disturbing. If they are reputable banks, which are involved in making a market...
Hi ukmanthailan,

Our price feeds come from a number of liquidity providers and is constantly evolving as we seek to provide the most reliable price feeds and best execution for our community of Forex Traders. However, non-disclosure agreements mean that we cannot name any of the multiple tier 1 banks (liquidity providers) which stream prices to our platforms.

Alpari (UK) prides itself on providing the best trading experience for our clients. We encourage our clients to approach us should they at all experience any specific issues. If an error occurs on a live account owing to no fault of your own, please email us with details of such trades for review. Our client services team will be happy to do an impartial and thorough investigation. After all, Alpari (UK) has a regulatory obligation to treat customers fairly.

Should you or anyone else have any other concerns that you would like to discuss, get in touch on live-chat, via email or on +44 (0) 207 426 2900. We're here to help.

We thank you for your continued support and endeavour to continue to fulfil your expectations.

Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #995
  • May 13, 2013 2:02am May 13, 2013 2:02am
Hi Alex,

I have encountered some general discussion on data feeds (and I am not referring here to any broker specifically but am raising a general query.) Without going into any great detail, could you possibly advise on what are the likely technical causes of choppiness and spikes, especially around or in the wake of news (other than liquidity issues). Thanks
The road to pipland is arduous and fraught with challenge.
  • #996
  • May 13, 2013 2:58am May 13, 2013 2:58am
Quoting traider
Hi Alex, I have encountered some general discussion on data feeds (and I am not referring here to any broker specifically but am raising a general query.) Without going into any great detail, could you possibly advise on what are the likely technical causes of choppiness and spikes, especially around or in the wake of news (other than liquidity issues). Thanks
Hi tradier,

Good question.

Widened prices in periods of uncertainty such as news are often created simply by an absence of liquidity. Market-makers tend to pull their bids/offers until they can make a decision as to what the news might mean for the direction of the market. If liquidity evaporates then the prices that remain are likely to be legacy bids/offers. The primary function of a market-maker is not to provide liquidity, but to make profit for themselves whilst doing so. A wider price from a market-maker is just the premium they demand for providing liquidity. It is the cost of doing business. Of course market-makers are all human and opposing views are quite normal, hence some prices can differ significantly creating arbitrage opportunities.

Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #997
  • May 13, 2013 3:23am May 13, 2013 3:23am
Quoting Alpari UK
{quote} Hi tradier, Good question. Widened prices in periods of uncertainty such as news are often created simply by an absence of liquidity. Market-makers tend to pull their bids/offers until they can make a decision as to what the news might mean for the direction of the market. If liquidity evaporates then the prices that remain are likely to be legacy bids/offers. The primary function of a market-maker is not to provide liquidity, but to make profit for themselves whilst doing so. A wider price from a market-maker is just the premium they demand...

Thanks for that Alex. Very useful.
The road to pipland is arduous and fraught with challenge.
  • #998
  • May 13, 2013 4:00am May 13, 2013 4:00am
Quoting Alpari UK
{quote} Hi ukmanthailan, Our price feeds come from a number of liquidity providers and is constantly evolving as we seek to provide the most reliable price feeds and best execution for our community of Forex Traders. However, non-disclosure agreements mean that we cannot name any of the multiple tier 1 banks (liquidity providers) which stream prices to our platforms. Alpari (UK) prides itself on providing the best trading experience for our clients. We encourage our clients to approach us should they at all experience any specific issues. If an...
Thanks for your reply.

So your liquidity providers include tier one banks that make markets in various currencies but they do not wish to be named? Why exactly is that?
  • #999
  • May 13, 2013 5:03am May 13, 2013 5:03am
Quoting ukmanthailan
{quote} Thanks for your reply. So your liquidity providers include tier one banks that make markets in various currencies but they do not wish to be named? Why exactly is that?
Hi ukmanthailan,

I appreciate your inquisitiveness. If I were to deposit money anywhere, I'd be asking these questions as well. However as I've mentioned in my previous post, non-disclosure agreements prevent me from naming any of the multiple top tier 1 banks.

As you are aware, Alpari (UK) is FSA regulated. We put your interests at the center of our business to ensure we comply with FSA Principle 6: "Pay due regard to the interest of its customers and treat them fairly." Read more about how this principle is applied across all areas of our day-to-day business activities.

Alex

________
Alexander Chadwick
Alpari (UK) Representative
  • #1,000
  • May 13, 2013 6:42am May 13, 2013 6:42am
Quoting Alpari UK
{quote} Hi ukmanthailan, I appreciate your inquisitiveness. If I were to deposit money anywhere, I'd be asking these questions as well. However as I've mentioned in my previous post, non-disclosure agreements prevent me from naming any of the multiple top tier 1 banks. As you are aware, Alpari (UK) is FSA regulated. We put your interests at the center of our business to ensure we comply with FSA Principle 6: "Pay due regard to the interest of its customers and treat them fairly." Read more about [url="http://www.alpari.co.uk/regulations/treating-customers-fairly"]how...
Yes, I understand that you are subject to FSA regulation and that you have signed non-disclosure agreements with your liquidity providers and I'm not suggesting that Alpari UK is in any way untrustworthy. I am just asking why your liquidity providers do not want to be named. What have they or you got to hide?

Look at it from your clients' point of view. Imagine if you went to buy a second hand car and the dealer told you that the price you had to pay would be calculated by looking at the prices being charged for that particular model by a pool of dealers across the country at that moment in time. Wouldn't you want to know who those dealers were or would you blindly trust the car dealer to be honest?....And that's just one car. Now imagine you are buying and selling thousands of cars every week and the price is being decided all the time by this secret panel of car dealers - how would you feel about that?

What's wrong with a bit of openness and honesty in the retail forex industry? Alpari and its liquidity privders could lead the way. Being regulated by the FSA is very nice and all but look at the LIBOR scandal - hardly inspires confidence that financial institutions never conspire to rig markets for their own benefit, even those that are regulated. And at least we knew who all the players were in that scandal.

The question you have failed to answer is why the banks that stream prices to you wish to remain anonymous. If, for example, UBS are providing you with quotes, why would they want to keep that fact a secret?
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