With the aim of taking Alpari to the global platform, Andrew Dashin, Andrey Vedikhin and Gleb Petrov found the company in 1998. The three maestros are leaders in the world of currency market. The most significant step in the history of the firm was its 2004 launching of its European extension in the form of Alpari (UK) Limited that has also come to become the most popular wings of the company. The firm received a registration from the Financial Services Authority in 2006, and it is now regulated by the FSA, and has a registration number of 448002. The successful store of Alpari touched the biggest economy in the world when it opened its office in Wall Street, New York. The huge demand in the U.S. saw the company extend its market dominance over the U.S. soil and here it came to be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and it became a member of the National Futures Association (NFA).
And, in the year 2008, Alpari entered the Asian and Middle-Eastern market with its launching in Shanghai and Dubai, and in 2009, it found its Indian office. The year 2009 marks a pivotal point in the growth story of Alpari as it expanded into France, Germany, the Scandinavian countries, Canada, Japan, Brazil and Singapore. Today, Alpari has more than 160,000 active accounts, which is a clear indication of the company’s success story.
The company offers its application over the Meta Trader 4 platform that can be downloaded for free by investors and they can instantly start trading. Additionally, Alpari has three kinds of live accounts to offer – Pro, Classic and Micro live accounts. You could be having a trading strategy of some kind, but the account types are designed in order to meet any requirement.
For new entrants in the Forex market, Micro account is the ideal choice. You can start by keeping very little amount at risk and begin by trading small volumes. The account can be started with a starting low deposit of $200. The next step up, the Classic Account is somewhat similar to the Micro Account, with the major difference being the $500 minimum deposit. While the Micro Account offers a maximum of 2 open positions, the Classic Account allows unlimited open positions. The Micro Account allows trading in 29 pairs of currencies, and the Classic Account additionally offers Gold and Silver trading as well.
There is no commission involved in the Pro Account type, and it is ideal for individuals and institutions who want to trade huge volumes. The account opening minimum deposit amount is $20,000, and in comparison to the maximum leverage of 1:500 of the Micro and Classic Accounts, it offers a peak leverage of 1:100. While the Micro account is traded on MetraTrader4, the Classic account is traded on MetaTrader4 Systematic, and the Prop Account on the AlpariDirect.
You can open both Demo as well as Live accounts with Alpari. You can make deposits through Webmoney, bank wire, credit card or Moneybookers, and you can open your account in EUR or USD. The customer support from Alpari is impeccable and has an instant response time. Further, the trading platforms offered by Alpari are customized to fulfill the requirements of its different types of investors.
MetaTrader4 is a popular platform for trading, and it is also available for multi-terminal application and mobile downloading. Systematic is a web-based, fully-automated trading system that allows a wide range of trading strategies that is designed to meet the needs of investors who want to trade in large volumes.
Alpari Russia brokerage offers both a Live and Demo trading contest for Demo, Micro and Classic Accounts. The contest takes place for 2 months and awards cash at the end of the period. The overall winner takes away the PAMM account that would otherwise require a deposit of $50,000 USD. Presently, the contest is offered just by Alpari Russia.