Alpari, a major global broker with most significant presence in Russia, reported that its May trading turnover stood at $101.4 billion and is 6% higher than April’s.
The main contributor to the increase was the EURUSD forex pair, which accounted for 17% of the entire turnover, compared to April.
According to previous Alpari reports, April’s turnover was in the average for the quarter, but lower than the one in March. The May turnover, on its part, is getting closer that that of March, which was the highest since the start of the year.
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.