Alpari re: NFA Rule 2-43 (b)

Discussion in 'Forex Brokers' started by Wallace, Jul 27, 2009.

  1. July 27, 2009
    " Dear Customers, As of August 1, 2009, Alpari (US) will maintain full compliance with
    the new NFA Rule 2-43 (b), which requires orders be executed on a First In, First Out
    (FIFO) basis when multiple positions are held in the same currency pair. This means
    that the position which was first opened will be the first to be closed, but stop-loss and
    limit orders will still be able to be placed on Alpari (US) accounts.
    In order to accommodate traders, the Alpari (US) website features comprehensive
    information and educational tools to ease this transition. Please click here:
    to find out more about Alpari (US)™'s initiatives in response to Compliance Rule 2-43b.
    You can also view our video tutorial and FAQ's, which act as a resource for working
    with the MetaTrader 4 platform under the new changes.
    Please note that as of July 27, 2009, all MT4 demo accounts will be fully functioning
    based on the FIFO rule. We encourage traders to open a demo account: and get
    a feel for how this new rule may affect their trading.
    We understand that this may be a confusing time and traders will have many questions.
    If you need any further assistance, please do not hesitate to contact our
    Client Services Team at or 646-825-5760. Team of Alpari (US)
    Alpari (US), LLC 14 Wall St., Suite 5H, New York, NY 10005 1-877-ALPARI-1
    NFA ID 0379678 "