Alpari UK Review Scores
Alpari UK
Apr 25 2010 at 16:23
Alpari UK seem to me, to be what I expect from a broker, they open accounts quickly, deposit money quickly, they widen spreads when it suits them, their demo account feed doesn't match the live.
Show me the perfect broker and I'll show you it is a fake promotional post by an employee.
Show me the perfect broker and I'll show you it is a fake promotional post by an employee.
May 03 2010 at 18:24
Alpari are also deleting my every demo account i have after a few days. MBT here I come.
when i feel more confident i will open with dukascopy ..
alpari,fxpro, fxcm ..all the same....
alpari,fxpro, fxcm ..all the same....
May 03 2010 at 19:57
Once Dukascopy MT4 is fully in operational ,its the best broker that one should open an account with.As regards Alpari,the demo feeds is not the same with live feeds,the spread is very tight on demo while on live account is wider.Thats not good at all.
May 03 2010 at 20:09
yes i swapped a few emails with them about that, the demo feed is from the $20k account, which i told them i thought was deceptive
its not just is wider.. i told you they re all crap..
dukas seems fair..
dukas seems fair..
Guys I hate to tell you this but the demo feed is never the same as the live feed. It's impossible.
Having said that has anyone looked into this 'Swiss' broker MigBank. From the outside it looks like it might be a good one as far as keeping funds safe, the spreads are high. They do have a strong media presence advertise on Bloomberg etc.
thanks
randy
Having said that has anyone looked into this 'Swiss' broker MigBank. From the outside it looks like it might be a good one as far as keeping funds safe, the spreads are high. They do have a strong media presence advertise on Bloomberg etc.
thanks
randy
May 04 2010 at 19:05
Following an exchange of emails today with Alpari, I have decided I cannot recommend them as a broker any more.
They simply have no concept of customer service, its not like they even offer value for money. Everyone do yourself a favour and look elsewhere, there are far better, cheaper brokers. 😂
They simply have no concept of customer service, its not like they even offer value for money. Everyone do yourself a favour and look elsewhere, there are far better, cheaper brokers. 😂
Naughty naughty, your a very naughty boy! - https://www.fsa.gov.uk/pubs/final/alpari.pdf
I read it all so you don't have to! Essentially over a 2 year period they did not adequately carry-out due diligence with all their customers from high risk nations like Nigeria as a result they failed to meet FSA regulations as a broker and thus;
'Alpari’s failings in the relevant period are viewed as being serious as they exposed Alpari UK to the risk of being used to facilitate financial crime.'
They were fined £200,000 and paid £140,000 a 30% discount for paying early!
I read it all so you don't have to! Essentially over a 2 year period they did not adequately carry-out due diligence with all their customers from high risk nations like Nigeria as a result they failed to meet FSA regulations as a broker and thus;
'Alpari’s failings in the relevant period are viewed as being serious as they exposed Alpari UK to the risk of being used to facilitate financial crime.'
They were fined £200,000 and paid £140,000 a 30% discount for paying early!
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