Alpari’s 2017 Turnover Exceeds $1.3 Trillion

Increased trader activity and market volatility led to higher turnover levels among Alpari clients.

Alpari’s international brand secured increased levels of trading turnover in 2017. Overall, the yearly turnover totals exceeded $1.3 trillion, to surpass 2016 level by 29%. The rise in trading turnover can be directly attributed to increased activity by traders, combined with rising market volatility.

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Alpari traders brought growth in both total volume as well as in the number of trading operations that took place. When breaking down the specifics of Alpari’s trading activity, EURUSD remained at the helm of popularity among Alpari investors. The currency pair saw an increase in turnover of 30% over the course of the year, spread throughout Alpari’s international clients. Alpari’s improved turnover numbers were evident throughout the course of 2017.

Moreover, Japanese yen currency pairs marked a rise in turnover ranging from 57% to 77%, with higher performance for the main JPY-denominated pairs, namely USDJPY, GBPJPY, and EURJPY. Among commodities, traders at Alpari’s international brand seemed to be drawn toward gold as an appealing investment. Relative to 2016, turnover on XAUUSD climbed 37%.

PAMM and Mobile Trading Contribute to Turnover

Alpari is also reporting a strong performance in its portfolio management services. The company’s PAMM accounts, which enable trading on multiple accounts simultaneously through various volume allocation methods, displayed strong yearly numbers in 2017. Throughout the year, Alpari trading accounts recorded an average monthly turnover exceeding $15 billion, significantly contributing to the total turnover for the Alpari international brand. At year’s end, Alpari reports there were over 25,000 active investors throughout its total PAMM services, managed by roughly 4,000 active managers.

As technological advances are at the forefront of the online trading industry, one of the leading trends in recent years has been a shift to mobile device trading, as investors benefit from having access to their portfolios from any location and at any time. Therefore, Alpari has developed and implemented three different mobile trading apps designed to accommodate the varying needs of their clients, namely Alpari Invest, Alpari Options, and Alpari Mobile. The number of traders actively using Alpari’s mobile apps topped 400,000, marking an increase of 300,000 over the course of 2017 alone.

Looking ahead toward 2018 and beyond, Andrey Dashin, owner of the international financial Alpari brand, explained the company’s expansionary efforts: “The Alpari brand is preparing to open a new chapter in its work on European Union markets. Last year’s key event in this regard was the granting of an investment broker’s licence by the Financial and Capital Market Commission of Latvia. We expect Alpari Europe IBS AS; part of the international financial Alpari brand, to officially launch operations in the first half of 2018. In addition to this, we are continuing to expand our operations in Southeast Asia, Latin America, Mauritius, and other countries in the Indian Ocean region.”

 

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