Alpari UK announce new spreads

Simmo · #1 01-23-2009, 05:57 AM

Apologies if this has already been posted.

Found this today :-

Alpari (UK) announces tighter spreads from 1.8 pips

We had to temporarily widen our spreads in some currency pairs, to replicate the widened spreads we were receiving from our liquidity providers.

Today, not only did we bring most of our tight spreads back but we are also very happy to announce that we have further “tightened” some of our spreads from 1.8 pips.

The new spreads listed below will be fixed during normal market conditions, but can be widened during data releases, news announcements and other highly volatile periods.

Alpari (UK) is now offering the following tight spreads*:
Pairs Old Day New Day Old Night New Night
EURUSD 2 1.8 2 1.8
USDCHF 4 4 4 4
USDJPY 3 2.8 3 2.8
GBPUSD 3 3 3 3
AUDUSD 3 3 5 5
USDCAD 4 4 4 4
EURGBP 3 3 5 5
EURCHF 3 3 3 3
EURJPY 4 3.8 4 3.8
GBPJPY 10 7 12 10
GBPCHF 10 7 12 10
EURCAD 10 8 12 12
EURAUD 12 10 14 14
USDSGD 10 10 12 12
NZDUSD 7 7 10 10
CHFJPY 7 7 9 9
EURNZD 20 20 20 20
AUDJPY 7 7 9 9
AUDNZD 20 20 20 20
AUDCAD 10 10 12 10
AUDCHF 10 8 12 10
CADCHF 8 8 8 8
CADJPY 6 6 6 6
NZDJPY 12 10 12 10
USDDKK 40 40 40 40
USDNOK 75 75 75 75
USDSEK 100 100 100 100
USDHKD 7 7 7 7
SGDJPY 6 6 6 6

*under normal market conditions

AngelSpike · #2 05-08-2009, 07:29 PM

I still feel FXOpen (my current broker) is better than Alpari UK. I've been with Alpari for a couple months and they have a tendency of suddenly widening spreads and worst of all, requotes over requotes.. Not the way I'd like to do business.

Miksa · #3 05-08-2009, 08:26 PM

Quote:

Originally Posted by AngelSpike

...and worst of all, requotes over requotes.. Not the way I'd like to do business.

and the same with Alpari US - live trading is in no comparison with their demo due to requotes.

btw, AngelSpike, is fxopen regulated? i don't see their physical address and regulation body on their web site.