Verified Broker Support and Analyst
Master Contributor and Member
Originally Posted by mrchilled
Alexander - can you confirm the following:
1) What is protection limit for UK account holders, is it £50k as you are regulated by FSA
2) Are you ECN?
3) What are your rollover charges?
Thanks for your questions. Glad to be of assistance.
1) What is protection limit for UK account holders, is it £50k as you are regulated by FSA?
Yes, you are correct. We are regulated by the Financial Services Authority (FSA). This gives our clients assurance that any funds held with us are secure and that our resources are adequately managed at all times.
Our clients may be eligible to put a claim into the Financial Services Compensation Scheme (FSCS) in the event that Alpari (UK) is unable to meet its financial obligations. Eligibility depends on the status and the nature of the claim.
Some very quick questions;
Why were you fined £200 000 pounds by the UKs FSA?
Do you use Metatrader's Virtual Dealer Plug-In?
Do you provide statistical info on percentage of orders filled/ rejected?