Alpari Posts Global January Volume Figures

After posting record volume numbers for its Russian division, Alpari has announced global figures for January. For the month, Alpari total volume of $210 billion. With the RU unit composing of $110 billion of the broker's total, clients from Russia and the CIS have become the majority of activity for Alpari.

In our Q4 Industry Report, we had estimated Alpari’s monthly average at $145 billion which was around a 10% drop from Q3 levels. Commenting on the rise in trading volume, Daniel Skowronski, Chief Executive Officer, Alpari (UK) stated that the broker saw gains in its institutional offerings as well as saying . “With higher volatility in the markets in January, our clients were able to use our trading packages to the full. This is further evidence of our global strength and breadth as a leading Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker.”

The broker also restated recent announcements at the company which included the launch of the TraderConnect social trading network and the sponsorship of West Ham United.

Alpari Companies Worldwide: January Trading Update London, 21 February 2013 – The association of Alpari companies worldwide today confirmed a strong start to the year with trading volumes for the first month of the year exceeding USD210 billion for the period 1-31 January 2013. Daniel Skowronski, Chief Executive Officer, Alpari (UK) Limited, said: “We are focused on delivering the best trading experience for our clients and continue to invest in new initiatives to enhance our overall product offer. In the first few weeks of this year alone, we launched a new social network for clients called TraderConnect with a ‘copy me’ feature, a new website for our Mandarin-speaking clients and started rolling out a new client management tool. “The business has also made some significant gains in the institutional space. With higher volatility in the markets in January, our clients were able to use our trading packages to the full. This is further evidence of our global strength and breadth as a leading forex broker.” About the association of Alpari companies Alpari serves global clients from offices in over 20 countries. Locations include London, New York, Tokyo, Shanghai (Representative Office), Dubai, Moscow, Mumbai and Frankfurt. Alpari is more than a forex broker, it’s a complete trading service, offering cutting-edge trading technology and free research and training packages. Alpari provides forex trading services worldwide on a range of cutting-edge trading platforms, including the popular MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists Read this Term). Alpari has been working with the developers of the MT4 platforms since the beginning and that is why we are able to offer a unique trading package on the platform. Trading accounts start from USD200 and traders can use software programmes called Expert Advisors to automate their trading. Alpari has a dedicated global sponsorship programme because we believe in sharing our passion with individuals, teams and supporters who value excitement, determination and loyalty as highly as we do. Our global sponsorship portfolio helps us reach out to traders and potential traders in key regions around the world. Some of our high-profile sponsorships include the Alpari World Match Racing Tour (title sponsor) and West Ham United FC (an official sponsor).