Alpari establishes Mini FX options accounts for introductory traders
Spinning off the launch of Alpari FXOptions in February of 2011, Alpari (US) has further developed their offering to meet the demand for reduced trading requirements and to make FX options more accessible to clients interested in trading smaller volumes.
With the new FX options mini account, Alpari clients can get started trading spot and FX options from one margin account with a reduction in minimum trading volume from 1 standard lot (100K) to 1 mini lot (10K) and a minimum deposit requirement of $2,000.
Mini FX options traders will still have access to all the features of the Alpari FXOptions platform:
• built-in strategy optimizer
• trading directly from charts
• a completely customizable interface
• integrated, comprehensive reporting
• order and risk management options
• margin and options calculator
Daniel Skowronski, CEO of Alpari (US) comments on the enhanced offering, “We saw an overwhelming interest in FX options trading when we first introduced the beta version of our platform last year. With the successful launch of platform in the live trading environment, we are well positioned to expand our FX options offering and rise to meet the demands of smaller retail traders alike.”
Mini FX options trading is available in both a demo and live environment. Click here to learn more and get started.
About Alpari FXOptions
The Alpari FXOptions trading platform launch opened trading and risk management strategies of trading spot and FX options in a combined account to all clients of Alpari (US).
Options provide more trading and risk management strategies than spot trading. Options trading and risk management strategies can be customized for high volatility, low volatility, bullish, bearish, neutral, or virtually any market conditions. The new FXOptions platform from Alpari will execute vanilla option trading strategies, quickly and efficiently.
Powered by FX Bridge Technologies, Alpari FXOptions features StrategyOptimizer™, a powerful modelling tool with a completely customizable interface allowing trading directly from charts, comprehensive reporting, a full order book, and complete risk management tool suite. Alpari FXOptions pricing is provided from top-tier liquidity providers on 20+ currency pairs.
About Alpari (US)
Alpari (US), LLC was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is dually registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and a Retail Foreign Exchange Dealer and has been a member of the National Futures Association (NFA) since 2007, Member ID: 0379678. Alpari (US) is an independent entity within the group of Alpari companies.
With a history dating back to 1998, the Alpari companies (“Alpari”) are among the world’s fastest growing providers of online foreign exchange (“FX”, “Forex”) trading services. The group of Alpari companies has more than 50 offices in cities in over 20 countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 440,000 customer accounts*, generating monthly trading volumes in excess of $160 billion**, and employ over 550 people* worldwide.
Trading foreign exchange, commodity futures, options, precious metals and other over-the-counter products such as contracts for difference carries a high level of risk and client losses can exceed deposits. These products may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Financial Services Authority (FSA), Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.fsa.gov.uk, http://www.cftc.gov and http://www.nfa.futures.org
*December 2010 **November 2010
