Alpari International provides its customers with a choice of two basic account types - Standard and ECN. The standard account type ensures immediate implementation, while ECN has direct access to liquidity providers with market execution, without requotes.
Both types of accounts are commission-free and offer micro-propositions for trade. What's more, there is no minimum initial requirement.
Also, "swap-free" (Islamic) services are available on request to suit customers who do not want to earn or pay interest on religious grounds.
Established in 1998, Alpari is a leading broker on the forex market in Russia. However, it lacks the license from the regulator Bank of Russia.
While his license application is in progress, he works through his foreign branches.
Alpari International is a trademark of Alpari International Limited. It has documents in the Republic of Mauritius and authorized by the FCS-Financial Services Commission.
It also provides the trade in a wide range of currency pairs, various CFDs, precious metals as well as binary options.
The Alpari Group has another maritime unit, Alpari Limited, operating as Alpari, registered in Saint Vincent and the Grenadines, as well as a license from the International Financial Services Commission in Belize. It supports the alpari.com website.
Mauritius is an offshore zone. FSC regulated brokers must meet many preconditions, such as capital adequacy. Brokers have to demonstrate financial health. The Minimum Capital Requirement is MUR 1,000,000 (approximately EUR 25,000), which is not compatible with that set, for example, by FCA (EUR 730,000). However, in most sea zones there are no preconditions for a forex brokerage assets.