The initial capital is as important for beginning traders as for any business. Most beginners cannot afford allocating thousands of dollars to trade Forex. Even if they are successful enough to trade profitably, they need a decent amount of money to earn their living by means of Forex like those who manage 6- or 7-digit accounts (Larry Williams Bill Williams, Glenn Neely and other professionals).
Where to find enough money for trading without borrowing funds? Alpari has found a unique solution to the problem. In particular, any successful client of the company can count on cash bonuses up to $10 000.
What is the essence of this offer and how can Alpari itself benefit from it? Market Leader will try to find it out.
Are Forex Brokers Interested In Cooperating With Successful Traders?
In an interview with Market leader, a representative of Alpari said:
“There are different types of brokers and traders. Only deeds can help to distinguish reliable brokers and successful traders from unreliable and losing ones. Words prove nothing…”
We cannot but agree with his opinion, Indeed, all brokers claim they are the industry’s best ones. However, in reality, most of them prove unreliable. It is sufficient to look at the black list of Forex brokers for negative feedback (countless instances of non-payment, payment delays, non-market quotation, slippage, system breakdowns etc).
Alpari is a client-oriented company. Therefore, it is interested in cooperating with successful traders instead of feeding off losers. Successful traders can generate stable profit for themselves and the company. On the other hand, amateurs end up losing their deposits and abandon Forex trading while the broker cannot generate profit though spreads and commissions. Moreover, amateurs do not trade big. Therefore, the broker’s income cannot be decent as well.
In order not to sound proofless, let’s look at some facts:
Alpari is one of the world’s major Forex brokers. The broker is regulated by major financial watchdogs. Therefore, there is no way the broker is unreliable. It is not accidental that Alpari is one of the few foreign broking companies that are officially allowed to provide access to European and US stock exchanges.
When it comes to big business, there is no problem with finding big-scale investors. It is all about finding professional managing traders who could multiply investors’ trading capital instead of losing it. In this aspect, Alpari was among the pioneers of the Forex PAMM industry. Alpari’s PAMM accounts allow mediocre investors to make money without having any specific knowledge or skills because those PAMM accounts are managed by trading gurus.
In September 2012, Alpari made another step towards beginning traders by starting the promo called “Trade Profitably!” Anyone can count on the deposit bonus. The promo ends on November 10th 2012. The max bonus is $10 000.
What is the essence of the promo?
In order to be eligible for the bonus, you should register with Alpari till Oct 10th, deposit funds and make a certain amount of traders. The promo lasts for a month for each individual trader. The start of the promo is the day when you make your first deposit. The bonuses will be paid after November 10th. You still have enough time to participate in the promo and to get your share of the prize pool as a reward for profitable trading.
Expert Opinion
According to Sergey Cherepanov, an expert of , Alpari’s promo is a big step towards beginning traders. It is a laudable act.
However, the mentioned bonus is not the only client-oriented program Alpari can offer. Just take a look at the company’s swap bonus. The essence behind this offer is the more time your trades remain open, the bigger bonus you eventually get. Therefore, the company stimulates mid- and long-term trading. Taking into account both the promos, we can conclude that Alpari supports any type of Forex traders, from scalpers and other intensive traders to long-term investors.
About Alpari.
Alpari was founded in 1998. It is currently a member of the premier league of ’s rating of Forex brokers . The company can boast its reach experience as it has been in the industry for 14 years. It is one of the world’s leading Forex brokers. Alpari has offices in 22 countries around the globe! It services over 540 000 trading accounts opened by traders from 150 countries. The average monthly turnover is over $210 bn! The company can also boast licenses from 9 major financial regulators and multiple prestigious awards!
Therefore, we can conclude that Alpari is one of the industry’s most reliable brokers. It is a perfect choice for all kinds of traders and investors!