Alpari FX Volume down 15% MoM in Russia and the CIS Countries

Alpari Russia has released its February 2015 turnover in Russia and the CIS countries. Coming in at just $74.7 billion,

rp_Alpari-logo-300x196-300x1961111-300x1961.jpgAlpari Russia has just released its February 2015 turnover in Russia and the CIS countries. Coming in at just $74.7 billion, the figure is 15% lower than January as volatility post-SNB decision has decreased.

The broker explained that the reduction in turnover in February compared to January 2015, was primarily due to the significant lack of directional movement in the market on the main currency pair for its traders, the EUR/USD.

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In early March, Alpari’s customer base reached a landmark milestone, as the broker announced its one million client. The company also noted that the number of active customers remained at a very high level.

In January 2015, turnover in Russia and the CIS countries reached $88 billion, but that figure was also a drop from the previous month. In total, this is the third straight month of drops in volume for the Russian broker.

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