Alpari’s Dubai office has been one of the best performing units in the group with strong capital inflows over the last four years, however, with Alpari UK closed for business where does the office send interested clients?
With padlocks on the doors of Alpari UK, where do loyal fans of the leading Forex brand trade? Forex magnates is assessing the current situation of one of the region's most powerful players. Does brand Alpari MENA react, or close its doors to a whopping $90 odd million of annual client deposits?
The current standings of Alpari UK are unfortunate, not only for existing traders who are stranded at the airport without a pilot, plane and timetable in sight, but more so for the eager derivatives trader who has learnt to love the brand.
Alpari is a household name for the vast Middle Eastern Forex Trading community. Since ticking the right boxes as a flexible and forward-thinking broker, Alpari has positioned itself as the go-to provider for the speculative investor. The brand is present across the mainstream media, however, the firm took smart marketing to a whole new level as it targets the distinct affluent Middle Eastern trader, with a lot of money. An example of the firm's creativity is a first for the sector, Alpari’s adverts can be seen at 39,000 feet altitude on Emirates Airlines entertainment systems.
So where now for traders who were facilitated by the Dubai office et al? With a substantial client base, but no broker to work with, the office has a few viable options, on the one hand there is Alpari Group, however, without sound regulation Middle Eastern traders would be sceptical to park their funds in Russia. Then there’s FXTM, a regulated alternative that is owned by one of the shareholders of Alpari UK and Alpari Group, or could it be an outsider, which has an exclusive relationship with the firm?
Either way, the firm needs to act fast as not only is the current volatility a positive driver of activity, the current lows in the energy markets are attractive to traders in the region that produces the world's most oil.
Forex Magnates' research shows that Alpari has the highest market share in the region, with significant deposits thus reflecting the high net worth nature of the GCC. The firm is believed to have bagged around $90 million in client funds in 2013, with 2014 not being far off with a 6-8% drop which is understandable during a low volatile operating environment. Alpari’s success in the region can be attributed to two industry veterans, the current CEO Mohamed Al Ahmed and the former CEO Iskandar Najjar, the two have outperformed more established players in the region through their business development techniques.
Alpari DMCC, the UAE registered firm offers traders access to local commodity derivatives markets traded on the emerging DGCX trading venue. Alpari DMCC is owned by the Alpari Group, and its business as usual for the firm offering listed financial derivatives. The firm was unavailable for comment.
The Middle East continues to attract global forex providers, earlier this week, IronFX reported that it had received authorisation under the DFSA.
With padlocks on the doors of Alpari UK, where do loyal fans of the leading Forex brand trade? Forex magnates is assessing the current situation of one of the region's most powerful players. Does brand Alpari MENA react, or close its doors to a whopping $90 odd million of annual client deposits?
The current standings of Alpari UK are unfortunate, not only for existing traders who are stranded at the airport without a pilot, plane and timetable in sight, but more so for the eager derivatives trader who has learnt to love the brand.
Alpari is a household name for the vast Middle Eastern Forex Trading community. Since ticking the right boxes as a flexible and forward-thinking broker, Alpari has positioned itself as the go-to provider for the speculative investor. The brand is present across the mainstream media, however, the firm took smart marketing to a whole new level as it targets the distinct affluent Middle Eastern trader, with a lot of money. An example of the firm's creativity is a first for the sector, Alpari’s adverts can be seen at 39,000 feet altitude on Emirates Airlines entertainment systems.
So where now for traders who were facilitated by the Dubai office et al? With a substantial client base, but no broker to work with, the office has a few viable options, on the one hand there is Alpari Group, however, without sound regulation Middle Eastern traders would be sceptical to park their funds in Russia. Then there’s FXTM, a regulated alternative that is owned by one of the shareholders of Alpari UK and Alpari Group, or could it be an outsider, which has an exclusive relationship with the firm?
Either way, the firm needs to act fast as not only is the current volatility a positive driver of activity, the current lows in the energy markets are attractive to traders in the region that produces the world's most oil.
Forex Magnates' research shows that Alpari has the highest market share in the region, with significant deposits thus reflecting the high net worth nature of the GCC. The firm is believed to have bagged around $90 million in client funds in 2013, with 2014 not being far off with a 6-8% drop which is understandable during a low volatile operating environment. Alpari’s success in the region can be attributed to two industry veterans, the current CEO Mohamed Al Ahmed and the former CEO Iskandar Najjar, the two have outperformed more established players in the region through their business development techniques.
Alpari DMCC, the UAE registered firm offers traders access to local commodity derivatives markets traded on the emerging DGCX trading venue. Alpari DMCC is owned by the Alpari Group, and its business as usual for the firm offering listed financial derivatives. The firm was unavailable for comment.
The Middle East continues to attract global forex providers, earlier this week, IronFX reported that it had received authorisation under the DFSA.
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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