Thread: Alpari.co.uk Discussion

I have had an Alpari UK live account for over a year and never had any difficulty - I am loed in the united kingdom so that its easy for me to call with any queries and they have always been most helpful and professional.
I have NEVER been requoted or experienced any slippage - I have a tendency to exchange 1 standard lot. Recommended.

I have also had a North Finance demo account for 18 months - as a demo account its quite good - that they never seem to shut it down just like some brokers - none of the 30 day crap.
I'd be wary of a live account together though.

Just need to add, that concessions are processed really fast. Normally they last 1-2 days to my bank account.

Regards -

I faxed a withdrawel request on monday at 4pm I had an email the next morning that my request had been processed and I had the money in my account by 12pm same moment. We do share the bank though.

Originally Posted by ;

Just need to add, that withdrawals are processed really fast. They last 1-2 days into my bank account.

Regards -

Hi,
(1)Pls what's the matter of being course as expert/experienced trader?
(2)What's HMRC?
(3)I was asked this question while launching an account with them if am registered with FSA or alternative regulatoy bodies?
(4)What about the dilemma of classing your profit as income or capital gain?
(5)Please say something about Tax.
You been fantastic in replying posts.
Alnames.

Originally Posted by ;

In 8 years I think I used everybody LOL

Alpari UK started life as a spin off in the Russian Alpari they are the same team running it but based in London for the UK model they are fully FSA regulated. Money in done by wire or UK online banking is basically next day. A fax is required by out.

They now have 5 live servers for reduny thats more then almost anyone else I know about retail so connection is strong. I had no downtime at the 5 months I been with them. Trades fill within 4 seconds mostly two and 3 seconds according to my EA logs. Slips and requotes are extremely infrequent even major news I will scalp 30 seconds prior to and after NFP hardly anyone else will make it possible for that.

Although they say spreads can vary I see it transfer always two pips euro solid. For specialized stabilty and FSA security I give 9/10 to then.

I also give North Finance a different reside MT4 broker I utilize 8/10 technically the same but money security is a bit dodgy in Cyprus. Again requotes are infrequent, two pip euro 99 percent of the time I did notice it alter once. Requotes about 1 in 15 trades. NF will trade to lots they are not that keen on scalping. Account by wire or EGOLD they clear gold payments in and OUT in hours.

Alpari UK now allow micro lots that 0.01 perfect for live testing of EA's without risking too much money. According to their forum they are scalper friendly!!
I wouldn't take the pi$$ and go for 1 pip though but I do 5 to 20 pips and no one complains.

When compared with the US mob these two MT4 brokers are the best I know. If you do not believe me best of luck dealing with anyone based in New Jersey.

If you're in the united kingdom and do NOT require a bot to trade then trade spreadbet rather as its taxation FREE. Igindex and the big brother Igmarket will enable you to trade anything from home prices, oil gold to wheat and hogs. They're the biggest in the united kingdom now im told with excellent liquidity financing to London Banks. From two pip euro place you will never observe a slip and trade to 0.1 pip increment and you will get filled at say 1.45674 euro. Because its basically futures there is no such thing as a bad fill on major news well not that I ever see it earlier in the two years I had an account with them but be mindful future place closes all positions every night and reopens. This is a jolt if you don't know its going to take place.
IGindex will let you trade binary bets down ladders and conventional selections monthly and weekly. Trading options opens a whole new low risk systems then trading place and enables one to utilize options as they are supposed to be utilised in protecting inherent risk even in a different account. Ie short euro 14 days futures long euro call options.

For our US friends though I do not believe it is possible to start a spreadbet account as its betting and thus prohibited for US and Alpari UK may not allow US accounts you have to check yourself.

Wow, you seem as in the event that you work with them. Thanks anyhow, your info is very helpful.

Their speard on major pairs are high

Originally Posted by ;

their speard on major pairs are high

Who cares.... Execution rate is excellent, means less slippage= better profit

Worked with a few other brokers during the last 5 years, alpari is for me thus far the best mt4 retail broker

Anybody has a issue with Alpari Uk ?

well I should probably add I slid my funds from Alpari to go the tax free route in the UK (Spreadbet) I receive quicker fills with my spreadbet broker then I got with Alpari, CMS Forex were quicker also.

Alpari execution is terrible slow moving markets and NO I do not trade news.

Originally Posted by ;

Hello,
(1)Pls what's the matter of being class as expert/experienced trader?
(2)What is HMRC?
(3)I was asked this question when opening an account with them if am registered with FSA or alternative regulatoy bodies?
(4)What about the issue of classing your profit as income or capital gain?
(5)Please state something about Tax.
You been wonderful in replying posts.
Alnames.

Apparently your in Nigeria and as is at Germany I doubt he can help you with your Tax inquiries.

For compliance reasons they need to ask if you're enrolled with th FSA or in a function which may cause conflicts of interest ie banking. Theres quite a few laws here in the UK and I did the instruction on them when I worked for JP Morgan but actually can't remember much, google is king.

(4)What about the issue of classing your profit as income or capital gain?

Only applies in the Event You live in the United Kingdom. You need to research your countries own tax legislation.

Pls what's the matter of being class as expert/experienced trader?

Alpari won't open an account if you don't tick the specialist box , again something to do with the FSA. If I remember rightly it meant if you were classed as specialist Alpari did not need to segregate funds (Could be wrong)

(2)What is HMRC?

Her majesty's revenue and customs