Alpari...

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Old Jan 26, 2008, 1:47pm   #1
 
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Alpari...

Anyone have any experiences?
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Old Jan 29, 2008, 11:04pm   #2
 
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shadowninja started this thread Ahem...
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Old Jan 29, 2008, 11:16pm   #3
 
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you tried the forum.....

Alpari (UK)'s Forex and CFDs Forum - Powered by vBulletin

gives you a wee flavour of direct queries..... early days maybe....
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Old Jan 30, 2008, 11:34am   #4
 
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Been using them for a couple of weeks trying them out and not one single complaint yet.

http://www.trade2win.com/boards/fore...x-brokers.html
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Old Jan 30, 2008, 11:36am   #5
Joined Dec 2002
Customer service is very good.
Demo MT4 chart platform is stable.
Have not traded live with them though.

Last edited by JTrader; Jan 30, 2008 at 11:48am.
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Old Jan 30, 2008, 1:05pm   #6
 
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Quote:
Originally Posted by JTrader View Post
Customer service is very good.
Demo MT4 chart platform is stable.
Have not traded live with them though.
I've been trialing North Finance and Alpari demo apps.
Happy with both. Hardly any connection drop-outs over the last three months. Maybe NF has the edge due to the fact they offer more markets.

I really want to try micro-lots on FX next so may have to go with Oanda in the end.

Best Regards,
Neil
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Old Jan 30, 2008, 11:28pm   #7
Joined Nov 2007
Hi

I been trading on live account using expert advisors and forward testing expert advisors with Alpari UK.

No complaints so far ....though one my foeward test accounts with ODL is up by 4k more on 1 same set of expert advisors..................Alpari is one hour later than ODL on time settings on platform

I used to trade at Oanda.Adavantage of metatrader is the availability of ready made expert advisors.Just load them and you are trading 24 hours a day

OILFXPRO
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Old Jan 31, 2008, 1:55am   #8
 
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shadowninja started this thread Thanks for the replies. The combination of Metatrader functionality and microlots means I am very tempted by Alpari.

Anyone have problems with Metatrader for PDAs? The graphs work fine. It's just when I go to amend or close an order that I get lots of errors.
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Old Jan 31, 2008, 10:59pm   #9
 
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shadowninja started this thread Are you scalping?
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Old Feb 3, 2008, 11:58am   #10
 
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shadowninja started this thread Oh, are Alpari a spreadbetting company?
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Old Feb 3, 2008, 4:43pm   #11
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Oh, are Alpari a spreadbetting company?
No. They are a retail spot forex dealer.
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Old Feb 4, 2008, 5:48pm   #12
 
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I have a live account with Oanda plus demos in NF & Alpari.

Alpari is fine as long as you do not try to trade during news or
scalp, as you will receive re-quotes plus orders not processed
at those times.
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Old Apr 25, 2008, 9:28am   #13
 
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Anybody trade live account with alpari uk?
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Old Apr 25, 2008, 10:07am   #14
 
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shadowninja started this thread Me. Been doing it for 2 months. No probs at all.
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Old Oct 23, 2008, 2:10pm   #15
 
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Thats the way to fleece 'em!

Floating Leverage up to 1:500

Dear Clients,

We have responded decisively to numerous requests for higher leverage for those clients that wish to utilise it. We are introducing "Floating Leverage" which will automatically apply higher leverage on a trade-by-trade basis depending on the client’s trade volume. Floating leverage will come into effect on the 2nd of November for Live accounts.

*
o
+ An open position of less than 3,000,000 USD (3M) nominal value carries a maximum leverage of 1:500.
+ An open position of 3M - 5M USD carries a leverage of 1:500 for the first 3M and a leverage of 1:200 for the remaining 2M.
+ An open position of 5M - 10M USD carries a leverage of 1:500 for the first 3M, a leverage of 1:200 for the next 2M and a leverage of 1:100 for the remaining 5M.
+ For open positions higher than 10M USD, the first 3M carries a leverage of 1:500, the next 2M carries a leverage of 1:200, the next 5M carries a leverage of 1:100. Everything above carries a leverage of 1:33.

For example, a client opens a position of 12 million USD (for example, 120 lots in USDCHF). His margin requirements will be the following:

*
o
Nominal value of open position Funds required to open position Maximum leverage offered
First 3 million = 3,000,000 / 500 = 6,000 USD 1:500
Next 2 million = 2,000,000 / 200 = 10,000 USD 1:200
Next 5 million = 5,000,000 / 100 = 50,000 USD 1:100
Remaining 2 million = 2,000,000 / 33 = 60,606 USD 1:33
TOTAL: 12 million = 126,606 USD

What happens if I have an open position when the switch takes place?

The change from your current leverage conditions to the new "Floating Leverage" conditions can be done by visiting our "Change Maximum Leverage" webpage and will only take effect after you have opened or closed one of your positions. Clients will be able to setup their maximum leverage via our website to any level they wish, ranging from 1:500 to 1:1.

If you decide to take no action then your current leverage level (1:100 for most of existing customers) will become the maximum leverage level you are able to obtain given the new Floating Leverage conditions that will take effect from November 2nd.

Assuming you currently have 1:100 leverage and you do not want to increase your maximum leverage. If you have an open position of 12M USD on 02.11.2008, then your margin is calculated as follows:

*
o
Nominal value of open position Funds required to open position Leverage
First 3 million = 3,000,000 / 100 = 30,000 USD 1:100
Next 2 million = 2,000,000 / 100 = 20,000 USD 1:100
Next 5 million = 5,000,000 / 100 = 50,000 USD 1:100
Remaining 2 million = 2,000,000 / 33 = 60,606 USD 1:33
TOTAL: 12 million = 160,606 USD

Instead of using 1:500 leverage for first 3M USD and 1:200 for the next 2M, 1:100 will be used in calculations for both tiers.
Risk Warning:

You should not increase your maximum leverage unless you understand the extent of the exposure to the risk of loss. Very high leverage may not be suitable for all investors; therefore if you do not fully understand the risks involved, you should seek independent advice.

Should you have any questions please feel free to contact our Customer Support team at your convenience.

Alpari (UK) Limited
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