PRN: Alpari (UK) Launches Live MetaTrader 5 Trading Platform and New ECN Account
Alpari (UK) Launches Live MetaTrader 5 Trading Platform and New ECN Account
LONDON, April 3, 2012 /PRNewswire/ --
Alpari (UK) Limited ("Alpari (UK)"), one of the leading global providers of online foreign exchange ("Forex", "FX"), precious metals and CFD trading services, has launched the live MetaTrader 5 (MT5) platform. Previously available as a demo only, Alpari (UK) is one of the first major Forex brokers to launch this feature-rich online trading platform developed by MetaQuotes.
Alpari (UK) offers MT5 on the new ECN (Electronic Communication Network) account that requires a minimum deposit of just USD200. Traders can use the ECN account to trade Forex and precious metals. They can choose from 34 currency pairs plus spot gold and silver. ECN trading on MT5 is available on the iPhone, iPad and Android. Demo accounts are also available.
With MT5 traders can apply their Expert Advisor ("EA") strategies in a highly efficient way. EAs are mechanical systems that allow traders to fully automate their trading processes and analytical activities to execute trades more efficiently.
The new MetaTrader 5 Strategy Tester enables traders to test and optimise EA strategies in minutes rather than hours. In order to optimise EAs, traders use historical data to find out how well a particular EA strategy would have performed in the past. This is the so-called backtesting. Many tests and strategy modifications are necessary before an EA is ready to be applied to a Live account. The Strategy Tester gives traders access to a remote computer cluster and the calculation capacity of thousands of computers all over the world to accelerate the optimisation process.
Andrey Vedikhin, CEO of Alpari (UK) and co-founder of the Alpari companies worldwide, said, "MT5 is a highly advanced trading platform, giving traders a great deal of choice and flexibility. Technological innovation is pivotal in providing outstanding trading services and we aim to be at the forefront of the Forex market by offering cutting-edge platforms and products.
"The launch of the sophisticated MT5 platform and our new ECN account with spreads from 0 pips truly enhance our offering. It is revolutionary that with an MetaTrader ECN account, retail clients can now enjoy NDD, DMA, market depth, one-click trading and no re-quotes - advantages usually reserved for large-volume traders only."
Read more about trading on the MT5 platform.
Alpari (UK), one of the largest MetaTrader 4 (MT4) brokers in the world, will continue to provide and expand its online trading services on MT4.
About Alpari (UK) Limited
Alpari (UK) Limited ("Alpari (UK)") is a leading global foreign exchange ("FX", "Forex"), precious metals and CFD broker headquartered in the heart of the City of London and with subsidiaries in Germany, Japan and India as well as a Representative Office in China. In the UK, clients can also benefit from tax free* financial spread betting with Alpari (UK).
The company is authorised and regulated by the Financial Services Authority (FSA) in the United Kingdom. FSA Register number 448002. Company number 05284142. Registered office: 201 Bishopsgate, London, EC2M 3AB, United Kingdom.
Alpari (UK) is an independent entity within the association of Alpari companies. With a history dating back to 1998, the Alpari companies are among the world's fastest growing providers of online Forex trading services. The companies provide cutting edge technology, low-cost trading, comprehensive market research tools, advanced educational programmes and world-class customer service.
The association of Alpari companies has offices in over 20 countries. Locations include London, New York, Tokyo, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 170,000 active trading accounts, generating monthly trading volumes in excess of USD210 billion and employ over 630 people worldwide.**
Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.
*Any profits you make from spread betting are completely free of capital gains tax, stamp duty and income tax (for UK residents). UK tax laws are subject to change and individual circumstances may vary. Financial spread betting is only available in the UK.