Customer Services
15-03-09, 10:53 AM
With daily trading volumes now reaching billions of US Dollars, we are committed to improving our clients trading experience. Consequently, to handle the demands of increasing trade volume and to advance the quality of execution, we are happy to announce the introduction of two new account types - Micro and Classic.
The introduction of Micro and Classic Accounts, managed on two dedicated servers is aimed at improving trade execution whilst providing clients with the most suitable trading environment according to their trading style.
Our current Live Account holders will be fairly separated into Micro or Classic groups depending on their trading style, trade frequency and trade volume.
Our clients will be able to change their account type at any time until the split between Micro and Classic Accounts becomes effective on the 21st of March 2009, by referring to the Validate Your Account Type (https://my.alpari.co.uk/en/changeacctype/) page.
The new account types will come into effect on Saturday 21 March 2009, and will supplement the free Demo Account as follows:
MICRO ACCOUNTS
Micro accounts are designed to accommodate traders who are new to the Forex market and service clients who are trading relatively small volumes. Demo Accounts will never be able to simulate the psychology behind risk and the fear of making a loss; this is where Micro accounts are effective because they help to introduce the Forex market to novice clients without exposing them to excessive risks, as trade size is limited.
CLASSIC ACCOUNTS
Classic accounts are designed to accommodate experienced retail traders as well as professional traders, as there is no maximum trade size, no maximum open position and a minimum trade size of 0.1 lot, while the trade size increment remains flexible at 0.01 lots.
All the usual benefits of trading with Alpari (UK) such as tight spreads, high leverage, safety of customer funds as well as 5% credit bonuses* on all new accounts and deposits remain identical for all account types.
The introduction of Micro and Classic Accounts, managed on two dedicated servers is aimed at improving trade execution whilst providing clients with the most suitable trading environment according to their trading style.
Our current Live Account holders will be fairly separated into Micro or Classic groups depending on their trading style, trade frequency and trade volume.
Our clients will be able to change their account type at any time until the split between Micro and Classic Accounts becomes effective on the 21st of March 2009, by referring to the Validate Your Account Type (https://my.alpari.co.uk/en/changeacctype/) page.
The new account types will come into effect on Saturday 21 March 2009, and will supplement the free Demo Account as follows:
MICRO ACCOUNTS
Micro accounts are designed to accommodate traders who are new to the Forex market and service clients who are trading relatively small volumes. Demo Accounts will never be able to simulate the psychology behind risk and the fear of making a loss; this is where Micro accounts are effective because they help to introduce the Forex market to novice clients without exposing them to excessive risks, as trade size is limited.
CLASSIC ACCOUNTS
Classic accounts are designed to accommodate experienced retail traders as well as professional traders, as there is no maximum trade size, no maximum open position and a minimum trade size of 0.1 lot, while the trade size increment remains flexible at 0.01 lots.
All the usual benefits of trading with Alpari (UK) such as tight spreads, high leverage, safety of customer funds as well as 5% credit bonuses* on all new accounts and deposits remain identical for all account types.