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!
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
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.