Alpari US Speaks-Out About its New Strategy for the US Market
Friday,20/09/2013|19:09GMTby
Adil Siddiqui
Alpari US has decided to restructure its brokerage business in the United States. The move comes on the back of continued pressure by regulatory authorities as they drive out business from one of the largest FX markets in the world.
In an exclusive report published earlier today, about Alpari US's departure from the domestic market, an official response has been provided by members of the Alpari US team.
Operating in the North American spot FX markets has been difficult for financial services firms, as the recent hurdles imposed by the financial regulator have been driving business out of the country. Alpari US, a leading financial services firm offering multi-asset trading solutions, has re-addressed its corporate strategy for the Alpari US division. The firm will exit from the retail environment.
The broker follows in the steps of other significant players including, FX Solutions and GFT. The firm which has been operational since 2008, will focus its resources on its growing institutional FX product range, QuantumFX.
In a notification to the press, the firm states, "The company will withdraw from offering FX to US-based retail clients, which is effective from today, 20 September, 2013. In addition, the company will withdraw from offering futures to US-based retail clients at a later date."
Chief Executive Officer, Jermaine Harmon, spoke about the firm's new strategy in response to the recent changes in the US industry, and said, "The US brokerage market continues to evolve through technological developments and changes in the regulatory environment. We have carefully considered the implications of these developments, refining our strategy and business model, to ensure that Alpari US is best placed to drive consistent, future earnings growth in the US. Our QuantumFX division will receive increased business focus and investment in new services.”
US regulators have been hitting out at firms relating to FX risk and dealing management matters. Earlier this week, FXDD, a US registered firm, was censured by the authorities for malpractice, because of the way it managed clients' orders. Alpari US was under the regulatory radar, for inefficiencies in submitting reports to the NFA, for the Forex Transaction Reporting Execution Surveillance System (Fortress).
In an exclusive report published earlier today, about Alpari US's departure from the domestic market, an official response has been provided by members of the Alpari US team.
Operating in the North American spot FX markets has been difficult for financial services firms, as the recent hurdles imposed by the financial regulator have been driving business out of the country. Alpari US, a leading financial services firm offering multi-asset trading solutions, has re-addressed its corporate strategy for the Alpari US division. The firm will exit from the retail environment.
The broker follows in the steps of other significant players including, FX Solutions and GFT. The firm which has been operational since 2008, will focus its resources on its growing institutional FX product range, QuantumFX.
In a notification to the press, the firm states, "The company will withdraw from offering FX to US-based retail clients, which is effective from today, 20 September, 2013. In addition, the company will withdraw from offering futures to US-based retail clients at a later date."
Chief Executive Officer, Jermaine Harmon, spoke about the firm's new strategy in response to the recent changes in the US industry, and said, "The US brokerage market continues to evolve through technological developments and changes in the regulatory environment. We have carefully considered the implications of these developments, refining our strategy and business model, to ensure that Alpari US is best placed to drive consistent, future earnings growth in the US. Our QuantumFX division will receive increased business focus and investment in new services.”
US regulators have been hitting out at firms relating to FX risk and dealing management matters. Earlier this week, FXDD, a US registered firm, was censured by the authorities for malpractice, because of the way it managed clients' orders. Alpari US was under the regulatory radar, for inefficiencies in submitting reports to the NFA, for the Forex Transaction Reporting Execution Surveillance System (Fortress).
PropAccount.com Adds Equities to White-Label Prop Stack, Entering a Crowded Race
Finance Magnates Daily Brief: 21 April 2026
Finance Magnates Daily Brief: 21 April 2026
It's Tuesday, the twenty-first of April, twenty twenty-six. You're listening to the Finance Magnates Daily Brief. Today's lead: the Bank for International Settlements has put dollar stablecoins on the regulatory hot seat. Also ahead: first quarter earnings from Capital.com and Plus500, Revolut pushes its IPO to twenty twenty-eight, and a look at where Singapore hedge funds are really moving.
It's Tuesday, the twenty-first of April, twenty twenty-six. You're listening to the Finance Magnates Daily Brief. Today's lead: the Bank for International Settlements has put dollar stablecoins on the regulatory hot seat. Also ahead: first quarter earnings from Capital.com and Plus500, Revolut pushes its IPO to twenty twenty-eight, and a look at where Singapore hedge funds are really moving.
In this video, we review @FundedNext a proprietary trading firm offering evaluation challenges for CFD and futures traders using simulated accounts.
We cover how the model works, including challenge types, profit targets, loss limits, and performance-based rewards. You’ll also learn about payout structures, supported platforms, and key features such as the firm’s 24-hour payout policy and flexible challenge formats.
Watch the full video to see if FundedNext fits your trading approach.
#FundedNext #PropFirm #PropTrading #FinanceMagnates #Trading #CFDTrading #FuturesTrading #TradingReview
In this video, we review @FundedNext a proprietary trading firm offering evaluation challenges for CFD and futures traders using simulated accounts.
We cover how the model works, including challenge types, profit targets, loss limits, and performance-based rewards. You’ll also learn about payout structures, supported platforms, and key features such as the firm’s 24-hour payout policy and flexible challenge formats.
Watch the full video to see if FundedNext fits your trading approach.
#FundedNext #PropFirm #PropTrading #FinanceMagnates #Trading #CFDTrading #FuturesTrading #TradingReview
TradingPro Winner Spotlight 🏆 | Global Best Overall Broker 2025
TradingPro Winner Spotlight 🏆 | Global Best Overall Broker 2025
TradingPro takes the spotlight as Global Best Overall Broker 2025 at the Finance Magnates Awards.
Yusna Yusman, Head of Global Marketing, describes the night as inspiring, elegant, and full of energy.
She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
#FinanceMagnatesAwards #TradingPro #Trading #Fintech #Broker #WinnerSpotlight #Shorts
TradingPro takes the spotlight as Global Best Overall Broker 2025 at the Finance Magnates Awards.
Yusna Yusman, Head of Global Marketing, describes the night as inspiring, elegant, and full of energy.
She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
#FinanceMagnatesAwards #TradingPro #Trading #Fintech #Broker #WinnerSpotlight #Shorts
In this video, we review @deriv an online broker offering CFDs and options across a wide range of markets, including forex, stocks, indices, commodities, cryptocurrencies, and derived indices.
We cover the broker’s overall offering, including its multi-jurisdiction regulatory structure, platform ecosystem, and range of account types. We also explore key features such as product availability, funding options, and trading conditions.
Watch the full video to see if Deriv fits your trading needs.
#Deriv #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @deriv an online broker offering CFDs and options across a wide range of markets, including forex, stocks, indices, commodities, cryptocurrencies, and derived indices.
We cover the broker’s overall offering, including its multi-jurisdiction regulatory structure, platform ecosystem, and range of account types. We also explore key features such as product availability, funding options, and trading conditions.
Watch the full video to see if Deriv fits your trading needs.
#Deriv #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
Opening-Up eWallets’ Future: The Enduring Value of eWallets in the Trading Space ︳FM Talks x Paysafe
Opening-Up eWallets’ Future: The Enduring Value of eWallets in the Trading Space ︳FM Talks x Paysafe
eWallets aren’t just moving money anymore, they’re running the show.
In this episode of FM Talks, Adonis Adoni (News Editor at Finance Magnates) sits down with Paysafe 's:
•Bob Legters, Chief Product Officer
•Jeannie Lam, VP of Sales & Account Management for Forex & Financial Trading
to break down how wallets evolved from simple payment tools into core trading infrastructure.
💥 Inside the conversation:
•Why wallets now drive growth, retention, and global scale for brokers
•The hidden power behind deposit success, fraud prevention, and UX
•Stablecoins: hype, reality, and where they actually fit today
•AI in wallets: smarter flows vs rising fraud risks
•The rise of white-label wallets and full ecosystem control
•What the future looks like when wallets become your financial brain
🔗 Learn more about @PaysafeGroup : https://www.paysafe.com/en/optimize-forex-payments-for-growth-in-2026/fm/?utm_source=fm&utm_medium=podcast&utm_campaign=2026-q1-fx-demand-gen&utm_content=podcast
From fiat to crypto, payments to trading, everything is converging and wallets are right at the center of it.
#Fintech #eWallets #Trading #DigitalPayments #Stablecoins #Crypto #AIinFintech #FutureOfFinance #Paysafe #FMtalks
eWallets aren’t just moving money anymore, they’re running the show.
In this episode of FM Talks, Adonis Adoni (News Editor at Finance Magnates) sits down with Paysafe 's:
•Bob Legters, Chief Product Officer
•Jeannie Lam, VP of Sales & Account Management for Forex & Financial Trading
to break down how wallets evolved from simple payment tools into core trading infrastructure.
💥 Inside the conversation:
•Why wallets now drive growth, retention, and global scale for brokers
•The hidden power behind deposit success, fraud prevention, and UX
•Stablecoins: hype, reality, and where they actually fit today
•AI in wallets: smarter flows vs rising fraud risks
•The rise of white-label wallets and full ecosystem control
•What the future looks like when wallets become your financial brain
🔗 Learn more about @PaysafeGroup : https://www.paysafe.com/en/optimize-forex-payments-for-growth-in-2026/fm/?utm_source=fm&utm_medium=podcast&utm_campaign=2026-q1-fx-demand-gen&utm_content=podcast
From fiat to crypto, payments to trading, everything is converging and wallets are right at the center of it.
#Fintech #eWallets #Trading #DigitalPayments #Stablecoins #Crypto #AIinFintech #FutureOfFinance #Paysafe #FMtalks
