

Do not invest more money than you can afford to lose.
July’s trading volume of Russia’s largest forex broker – Alpari – rose 3% from June, when it posted a significant decline.
According to the company statement, the trading volume in July was $81.4 billion.
The most notable dynamic was observed in trading of the GBPUSD USDJPY forex pairs. Popular were also the percentage allocation money management (PAMM) accounts, which recently saw the maximum leverage changed to 1:500. Another popular instrument in July was investment in gold coins – Alpari Gold, which was launched back in March.
Earlier this month Alpari said it has reapplied for a Russian forex license, after the country’s regulator – the Bank of Russia – denied its first application in June. It also announced it has decided to withdraw its license application in Malta and will seek alternative European jurisdiction.
Alpari is headquartered in Russia and has offices in Saint Vincent and the Grenadines, Mauritius, and the UAE. The group consists of Alpari-Broker (Russia), Alpari Ltd. (Saint Vincent and the Grenadines), Alpari International Ltd. (Mauritius), Alpari Ltd. (Belize), and Alpari Forex (Russia). Alpari used to operate a UK-regulated branch, which went insolvent in January 2015 after it faced exceptional volatility and extreme lack of liquidity as a result of the EUR/CHF collapse.