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Alpari, a major global broker with licenses in Russia, Belize, SVG and several other countries, said it is changing the trading conditions on the standard.mt5 accounts, starting from June 6.
They concern the leverage for trading and non-trading operations taking place on Fridays, one hour before the session closes. For all open and newly opened positions on currency pairs and spot metals will have a leverage of 1:100 imposed on them (except for positions that were opened with leverage between 1:1 and 1:100).
This is the latest change in trading conditions Alpari has undertaken in the recent weeks, after order execution settings for ECN accounts and increasing the leverage to 1:1000 for MT4 accounts. Additionally, the broker has expanded the offering, lowered the spreads and improved the execution speed for 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).
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.