January
25

As you know I had a very bad experience with InterbankFX Forex Broker, in my opinion they scammed me and many other traders, and not only 1 time… If you want to trade seriously please avoid this Broker!!

Well, I like a lot the mt4 platform and although most of Brokers using it are only bucketshops (if I had a good amount of money I would change to an ECN broker) you will find that some of them can be more honest than others.

I spent many time searching and surfing Forums, websites, Blogs, etc to know about other mt4 brokers and I found Alpari to be the best in all comments. So I thought to open a demo and a real account with them. After probing the demo account before then I began to trade with the real account.

I am greatly surprised. The spreads are low (gbp/usd:3, eur/jpy:3, gbp/jpy:7…) and with all the volatility of these days I have not seen Alpari increasing the spreads or the server frozen/stopped and I am trading a lot in different hours!!

So in my experience until now Alpari is great.

The bad thing: they are only accepting bank transfers and so you must pay a high comission when you deposit (from your local Bank and then a little more from Alpari due to the Bank that they use). But they are thinking to accept debit/credit cards in the future.

I will keep you updated about this Broker.

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4 Comments

I would agree about Alpari. They have a very good rating based upon independent reviews on individual traders on our site. You can see their rating and the ratings of over 100 other online forex brokers here -

http://www.bestonlineforexbrokers.com/Top-Rated-Online-Forex-Brokers.html

Interesting site, thanks for sharing.

hamid reza ameri 02/07/08 @ 2:14 pm

Dear Jose,
If you have trouble with bank transfering, maybe you can check http://www.alpari.ru/en and test electronic payment system of alpari if you like. But unfortunately I don’t know your residency.. I think If you are US or UK residence you cannot work with alpari.ru.. but you can send them email and ask them. I myself am an alpari client.

Thank you for the answer hamid,
it would have been great some time ago when I used mt4 brokers, I am from Spain. But now I only trade with ECN brokers.

Regards