For example you open an account and deposit 1,000 US Dollars.
No minimum deposit requirement.
USD / JPY rate is 124.97 / 125.00. You decide to buy 100,000 USD and sell 12,500,000 JPY (i.e. 1 lot1 lot = 100,000 units of base currency (the first currency in the currency pair)).
Minimum contract size is now 0.01 of a lot (micro forex).
To fund this position you need 1,000 USD.
We offer up to 1:100 leverageLeverage is the ratio between the collateral and borrowed funds: 1:20, 1:40, 1:50, 1:100.

1:100 leverage means that when you wish to open a new position, then you need to support a deposit 100 times less than the value of the contract you are interested in..
USD / JPY moves up by 103 pipsPip is the numerical value of the last, or right-most, digit of a quote (0.01 in our example)..

126.00 / 126.03 We sell at the BidBid is the lower price in the quote being the price at which you may sell. price

124.97 / 125.00 We buy at the AskAsk is the higher price in the quote being the price at which you may buy. price
Your profit is 793.65 USD.

This example shows a favourable outcome. If the market had moved in the opposite direction you would realise a loss not a profit and with leverage this loss would be magnified.
If you do not fully understand the risks involved, please read our Risk Warning and seek independent advice.

New to the Forex Markets?

Forex markets are the most liquid and accessible markets in the world.
Foreign Exchange trading gives you a great but at the same time risky opportunity to speculate on price fluctuations of currencies.
Please see Risk Warning below.
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New to Online Foreign Exchange Trading?

Foreign Exchange clients can trade on Forex via MetaTrader 4 dealing software or by telephone.
Online Forex Trading is available 24 hours a day, 5 days a week with Alpari (US).
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^* under normal market conditions
^** a Higher degree of leverage can lead to greater gains as well as larger losses. See Risk Warning.

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