Alpari, a major global broker with most significant presence in Russia reported that its total turnover on the major markets in April stood at $95.6 billion, down 13.5% from March.
According to the broker, the April results have returned to the average for the first quarter of the year, but are higher than those in January and February.
The French elections, the hard to predict results and the risk of Frexit have all affected the EURUSD pair and the interest of traders towards it has decreased several times, the broker notes. Instead, the traders turned their attention to other major forex pairs, with the EURJPY pair posting a 26% rise.
In April Alpari launched a news channel on the messenger service Telegram. Additionally, the broker extended the order execution settings option to all types of ECN accounts.
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.
Alpari offers trading in a large number of assets, including forex, CFDs, spot metals, binary options and investment gold. The maximum leverage is 1:1000 and trading can be done on MetaTrader 4 and 5 platforms.