Based on an email sent to its traders on June 17 2019, the Alpari broker announced that they were changing trading conditions on cryptocurrency instruments. This information is important to note for traders who have an account on the MT4 platform.
The following are details of Cryptocurrency trading conditions at Alpari:
- Maximum limit of positions that can be opened (including Pending Orders): 100
- Maximum volume limit in 1 position: 10 lots
- Maximum volume limit on all positions: 10 lots
Starting June 17 2019, these trading limits are applied to demo.ecn.mt4 and demo.pro.ecn.mt4 accounts. Meanwhile, real accounts will be implemented starting June 24 2019. Alpari urges its traders to consider the above changes before opening a position.
Cryptocurrency is back in demand
The movement of cryptocurrencies which has shown strengthening over the past 6 days is indeed interesting to pay attention to. Not surprisingly, this digital currency is again in demand. At Alpari, traders can trade Cryptocurrency on the pairs ETH/USD, BTC/USD, LTC/USD, XRP/USD and XBN/USD. Leverage is 1:2, with spreads as low as 15.8 points on Ethereum.
Traders who want to try Alpari's trading conditions can open an account on the official page. Risk-free demo accounts and real accounts with minimum deposits starting from 0 USD are available. Apart from popular cryptocurrencies, various other instruments are available for trading, ranging from major forex pairs, and exotics, to precious metal CFDs.
Alpari was founded in 1998 and is one of the leading brokers in the world. Some of the trading advantages offered include leverage of up to 1:1000, ECN accounts with low commissions, and sophisticated PAMM investment accounts.