Alpari improves conditions of forex Cashback loyalty program

Alpari improves conditions of forex Cashback loyalty program

- in All News, Forex Brokers

Alparithe largest forex and CFD broker in Russia in terms of trading volume in 2015, announced it is improving the conditions of its Cashback loyalty program.

As part of the first stage of improvements, the broker earlier dropsd the price of discounts by 40%. This means, for example, that the 25% spread compensation discount now costs 7,200 ALP instead of 12,000 ALP. Now clients can activate the 20% commission compensation for PRO.ECN accounts for 540 ALP, instead of 900 ALP.

Alpari has also made earning points easier, even for clients with small trading turnovers.

The Alpari Cashback program allows clients of the broker to earn points that can be exchanged for cash or for improvement of trading conditions. The money can be used for trading or withdrawn or for trading in binary options.

As of recently the cashback program has two new features: spread refund, which allows clients to get back up to 25% of their spread costs and deposit commission compensation. It allows clients to get back up to 50% of the commissions on deposits. Naturally, the features are subject to additional conditions and limitations.

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.

Recently Alpari announced it is updating the ratings of its (percentage allocation money management) PAMM Accounts and terminated trading in the instruments #BRNZ6 and #ENX6.

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