New York, NY (Vocus) October 6, 2010
Following the technological advancements of its counterparts in the Alpari Group, Alpari (US), a global provider of online Forex trading services, has announced the launch of true ECN trading on MetaTrader 4 (MT4), featuring Straight Through Processing (STP) and Non Dealing Desk (NDD) execution. Alpari Pro account holders can now benefit from spreads below 1 pip* and no re-quotes on MT4, one of the most popular Forex trading platforms.
This new connection provides an in-house development that supplies traders with high-speed, low latency trading and direct access to ultra-competitive Forex prices from several top tier banks. Traders can also use their Expert Advisors (EAs), and are now able to place orders inside the spread, allowing their trades to be filled at even more attractive prices than before.
“Alpari has been establishing itself as a technological leader in the Forex industry. We are proud to offer true ECN trading to our clients, providing a more sophisticated trading environment via MT4, with access to greater liquidity, pricing, and execution. This launch reinforces our commitment to innovative technology solutions and provides us with a strategically competitive edge in the FX industry,” says Daniel Skowronski, CEO of Alpari (US).
*Under normal market conditions
About Alpari (US)
Alpari (US), LLC is one of a group of Alpari companies with operations in New York, London, Shanghai, Dubai, Frankfurt and Moscow. Founded in 1998, the Alpari Group is one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services, with offices in ten countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt, serving more than 150 countries. With over 330 employees worldwide, more than 340,000 Live accounts and monthly Forex trading volumes in excess of $147 billion,* the Alpari Group is one of the market leaders in Forex.
Alpari (US) was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it has been registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (NFA), Member ID: 0379678, since November 2007.
Please note that trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.cftc.gov and http://www.nfa.futures.org.
*May 2010 data
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