Forex trading: They are not on your side
Permalink » 02/17/2011: Forex trading: They are not on your side
Recently, I have become enamored with the idea of trading currencies. Yes, there is a lot of spam in my inbox due to that kind of thing… but the reality is that forex trading can indeed work – if you are willing to learn a little bit.
That is why I need to vent now. I know that my blog is not important to the google-sphere, but I still need to proclaim:
Alpari sucks.
TL;DR: They are a broker that will take your money. Thats pretty much it.
They offer demo accounts, and if you (like me) are trying out algorithms, you can pretty much forget it. During the most profitable time, you cannot trade. They also disconnect you and dont let you log back in during very active moments. It is not random, it is easy to see if you look at plots of the spread they vary on a per second basis.
My verdict? As a broker, questionable. As a demo account for testing… terrible.














