The Russian Forex industry actually lacks domestic brokers that could amaze their clients and the entire trading community on a regular basis not only by introducing multiple innovative solutions but also by having a constantly expanding client base. The latter clearly indicates the company’s image and popularity as well as its overall financial performance.
Still, there are several domestic broking companies in the Russian-speaking trading environment that can be compared to major Western brokers in all aspects, including reliability, efficiency and security. Sometimes, they even outpace those Western counterparts, Masterforex-V Academy reports.
For instance, Alpari, one of the true heavyweights in the international Forex industry, keeps setting new records on a regular basis. This is the biggest and most influential broking company in Russia and the CIS.
It is interesting to know that over the last 12 months, Alpari have been setting new records on a monthly basis in terms of turnover and the amount of active live accounts. Most of the time, Alpari reset its own records, thereby setting new all-time records. Apparently, this became possible due to the introduction of new innovative products and services, including ECN-accounts, nano-accounts, CFDs and even binary options…
According to Eugene Olkhovsky, Masterforex-V Academy’s leading expert in financial markets from Canada, over the first 3 quarters of 2013, Alpari’s turnover in Russia and the CIS exceeded $1200bn!!! This is the all-time record for the region.
Not so long ago, the amount of live accounts opened by active traders eventually exceeded 1 000 000 accounts! This is a major achievement! At the same time, the cumulative trading volume generated by Alpari traders exceeded 1 000 000 standard lots in October 2013. As compared to September 2013, Alpari’s turnover in Russia and the CIS increased by $10,6bn or 8% up to $137,4bn. If to consider the period since January till October 2013, the figures look really amazing – $1339bn!!!
The biggest absolute increase in Alpari’s turnover in October 2013 was set by the following currency pairs:
EURUSD - $6,2 or 10%
GBPUSD - $0,5bn or 10%
GLDUSD (GOLD) also showed a major increase during the reporting period. The turnover increased by $2.3bn or 37%!
About Alpari
Alpari has been operating since 1998. The company is currently rendering services to over 400 000 traders and investors from more than 150 countries all around the world. Alpari has offices in Moscow, New York, Tokyo, London, Frankfurt, Shanghai, Dubai and other financial centers of the globe. Alpari’s offices in Russia and the CIS employ over 350 people. The total amount of employees around the globe is over 700 people. The company can boast 9 licenses given by major financial regulators. Alpari has been Russia’s biggest broking company in terms of turnover and live accounts since 2011!
