Hi, I'm new here and I wonder if anyone has some information about alaric trader, it seems good but it's very unknown, no reviews no discussion about it, barely mentioned in forums. And everything is outdated last fb post 2016, youtube 2016 ... I want to switch due to pdt, but I hesitated, someone mentioned that's not even a real broker, some one person operation running the thing. I need advice or alternatives. Not us citizen. Thanks
hey @Kimboox44. I can assist you. #AlaricTrader is not very active in social media but don't let that fool you. The broker is better known among active trading commmunity and less as a retail broker. There's a decent number of threads in EliteTrader with customer experences and Q&A's. As far as whether it is a legit broker: very real. So real, that nearly 1B shares were traded on our systems last month, making us one of the largest brokers in Equities in Europe. The fully automated onboarding is being released this month but until then, we stick with old-school human-run onboarding. Simply contact sales from the site alarictrader.com and experienced support will lead you through the process. Bear in mind, that it is a more rigorous onboarding since the team is geared towards active traders and not pure retail, hence Risk weighs in durning the onboarding and it may take a few retirations. Best of luck and will be happy to answer directly any further questions you may have!
Im gonna take a risk with Alaric trader than to stay with my current broker Tradezero(fraudzero) where you can’t exit the trade and just site there until you see the account go to zero! Lost well over 150k with them cuz unable to exit the trades on MKT orders.. but I rather give this Alaric trader a chance! If they’re good I’ll put more capital in & spread the word they’re the best broker ever! Looking forward to doing long term business with Alaric
Over 5500 symbols are on our Easy-to-Borrow list. HTB fees are only for Short Interest: no fees for Locates or OvernightBorrow.
I don’t think there is any harm in trying out new options. Chances are that we can find some better options in accordance with our requirements.