Has anybody had an experience with these guys? How is their execution? Their spreads mostly 2-3 pips on the top 6-7 pairs is not bad. How is their service overall? Has anybody used them for automated trading? Any opinions would be much appreciated.
Never traded with them, but as of October 31 they are well below the $5 million minimum now required of all forex dealer members: http://www.cftc.gov/files/tm/fcm/fcmdata1007.pdf
at present, Alpari US is not yet open for business http://www.alpari-idc.ru/en/cnews/28857.html http://www.alpari-idc.ru/en/company/ currently, all 'English' real and demo accounts are opened via the London UK branch, previously all accounts were opened at the Moscow Russia HO Alpari have been quite conservative in their expansion, establishing a US office is long overdue and welcome news
I work with Alpari. Fast execution. Spread could be a bit lower I think. And yeah, they are Russians! (just keep that in mind)