I know there has been a debate going on as to whether Alpari are going to be changing over to variable spreads. This is the email I received back from their Customer support today and it seems that they are going to be changing over, but there is no date given as to when this will be.
"Dear Jill
Thank you for your email.
We are looking in to offering floating spreads in the near future. Floating spreads will be offered to all clients. An announcement will be made regarding this via internal email on the MT4 platform.
Offering floating spreads means that our spreads will follow the spreads the major banks are offering, by taking the best bid and offer from a large number of price feeds from major banks. This may lead to a reduction in spreads during the intra-day trading, but may widen overnight as major banks tend to widen their spreads during this time. Our spreads will still remain more competitive than the major banks throughout the day.
Our spreads may widen over the release of major economic data."
HHope this settles the debate.
Alpari (UK) Floating Spreads
Linear Mode
