Regulation

Alpari (US), LLC is registered with the USA Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant and is a member of the National Futures Association (NFA) since November 2007 as FCM.

For more details you may refer to the NFA website, using the following:

Member ID: 0379678,

or firm name: Alpari (US), LLC.

About the NFA

NFA is a not-for-profit membership corporation formed in 1976 to become a futures industry's self-regulatory organization under Section 17 of the Commodity Exchange Act. Section 17 was added to the Commodity Exchange Act by Title III of the Commodity Futures Trading Commission ("CFTC") Act of 1974 and provides for the registration and CFTC oversight of self-regulatory associations of futures professionals. NFA's formal designation as a "registered futures association" was granted by the CFTC on September 22, 1981 and the first of NFA's regulatory operations began on October 1, 1982.

Principal Features of the NFA

NFA performs several regulatory activities:

• auditing and conducting surveillance of Members to enforce compliance with NFA financial requirements;
• establishing and enforcing rules and standards for customer protection;
• conducting arbitration of futures-related disputes;
• performing screening to determine fitness to become or remain an NFA Member. NFA's programs are operational for Futures Commission Merchants ("FCMs"), Introducing Brokers ("IBs"), Commodity Trading Advisors ("CTAs"), and Commodity Pool Operators ("CPOs").

In addition, as authorized under Section 17, NFA performs registration functions under the Commodity Exchange Act - functions previously performed by the CFTC.

To find out more about NFA and its Forex Online Learning Program , please visit NFA website.

All firms regulated by the CFTC are required to meet strict financial standards, including capital adequacy requirements. On a regular basis, firms are required to submit financial reports to the regulator. These standards are enforced by the NFA, which has the right to fine firms and/or terminate a firm's regulatory status for violations.

Among other things the regulations require that our firm:

• Maintain sufficient liquid capital in excess of the amount required to cover all client deposits, potential fluctuations in the firm's currency positions and outstanding expenses;
• Undergo scrutinizing annual audit performed by an independent financial auditor.

If you are considering opening a live account, we will be happy to help you with this. On the "Open a Live Account" webpage you will find a complete, step by step guide of the account opening procedure.

It is very important for us to know that all our customers are happy with our services and we strive to do our best to provide good execution and helpful customer support.