Alpari, a major global broker with licenses in Russia, Belize, SVG and several other countries, announced a major update of its ECN architecture, including an upgrade of the server infrastructure and additional liquidity providers to improve its ECN accounts.
According to the company, as a result of the upgrades, the execution speed got more than twice faster, down to 48 ms and the spreads got lower, with an average of 0.5 pips for the EURUSD pair. The tradable asset portfolio was expanded from 59 to 73 instruments.
Additionally, all seven trading options and settings for order executions that were previously available only to pro.ecn.mt4 accounts, are now available to clients with ecn.mt4 accounts. Now they can set the slippage of market and stop out orders, cancel delayed orders, partial execution of limit orders, setting of slippage size in comments within the orders and cancel stop out orders in case of difference between the order price and the activation price, market execution of limit orders.
“Alpari has always paid particular attention to innovations that could improve trading”, said Alexandr Novodvorskiy, director operations at Alpari. “We highly appreciate our past cooperation with the company AMTS Solutions, which has allowed our clients to test the new functionalities. The new improvements allow Alpari to offer its clients competitive trading conditions and technologies.”
Alpari has made the initial announcement for the extension of the improved trading conditions to all ECN accounts in April, but did not provide further details.
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).
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.