Alpari’s March turnover up 17%, MoM

Alpari’s March turnover up 17%, MoM

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Alpari, a major global broker with most significant presence in Russia reported that its total turnover on the major markets in March stood at $110.6 billion. This, the broker notes, is 17% higher than in February.

The main contribution to the rising turnover is of the most popular forex pairs EURJPY (+43%) and EURUSD (+22%). Traders were also traditionally interested in the PAMM money management service and the gold investment coins.

Recently Alpari reported a trading turnover of over $1 trillion on key markets in 2016.

Alpari has offices in Russia, Belize, Saint Vincent and the Grenadines, two offices in 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).

The broker is licensed by the financial markets authorities of  Belize, United Arab Emirates and Belarus. In the end of last year Alpari also got a license from the Bank of Russia.

Recently the broker joined Russia’s Association of Forex Dealers (AFD), a self-regulatory organization (SRO), as a member.


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