Alpari PAMM
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Overall
There has not been a comment on ALAPRI PAMM since 2019. The time has come to revise or remove non active brokers
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Something happened since 2019 spring period. Alpari started to intervene in trade and destroy results:
- crazy slippage
- very poor rebate system
- deleting of orders which Alpari believe are fake off-quotes. And they do it silently without any notification.
BEWARE!
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I have been working with this broker for many years, is a reliable agent.
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Who manages these accounts, can you send me a link to the whole offer?
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Still in the dark about Elite PAMM! Their graph is encouraging...steady as she goes!😁
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i have used their pamm accounts for about 3 mounths ,it is good and i do not have any problem even i could earn profit
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Thanks for info, could you send links to bad reviews, we will translate them. I have had a good experience with them, but the risk is still there..
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It's not broker! It's dealing centre! There are many negative feedbacks about them in russian forums of traders. So,becarefull !
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Hi there, we are discussing Alpari Russia, (alpari-forex.com) Alpari UK was a franchise, it had separate regulatory and banking measures. Alpari UK is bust as you know, but those that are still around seemed to have been more on the ball. Alpari UK clients brought down the house, just my guess.
So yes i trust Alpari Russia, they have given me a near perfect service in over 3 years. Withdrawals and deposits in a fast a secure method, more secure than most brokers. Dukascopy being the exception they are uber meticulous.
Always diversify your funds with multiple brokers and then use trade copier software such as from fxblue.com. safe trading you'll
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Still people using them after the January scenario are they still reliable for UK customers?
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They have changed this recently back to minimum 1000 units or 0.01 lots
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Minimum trade size is still 0.01 lots, i trade 2-3 of those. Or its some pamm specific value?
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Pamm account is your trading account which you will trade and then investors join you. Pamm portfolio is several pamm accounts you manage and invest in. The minimum has been lowered i believe its 300 USD/EUR for managers capital and then your trading capital after that. Managers capital cannot be withdrawn until acct is liquidated, so do not add too much to that but slowly increase it to satisfy investors.
The only problem now is the minimum trade size has been increased to 10k units or 1 mini lot. Theyv been clever, over the years they gave us the upper hand now they have thousands of traders and its payback time for them. I wouldnt be surprised if brokers like pepperstone follow suit. Point is your min starting capital should now be 5k usd/eur at least.
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Their website is complex, but they offer more than most brokers, i think its the best broker website currently available. Over time you will figure it out and become familiar. Show me another broker where you can open demo and live accounts in your own terminal within a minute and adjust settings etc.
Yes you have to provide a lot of details about yourself to setup terminal and pamm or investment accounts, heck life is a risk, just dont have all your funds in one bank account, have it in savings accounts, or other bank accounts that you tranfser to the account which is linked to your broker.
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I guess we should be happy that brokers are that much serious!!!!!!!
To become PAMM manager, it is understandable that a broker wants to know where one lives. To become investor, I have nothing about having to prove my ID or residence and so on... Electronically, things are just too easy to defraud!!!
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I just wanna say,their website is so much complicated.What is the difference between PAMM account and PAMM portfolio?PAMM portfolio need 3000Usd at least.And I don't even know how to withdraw money if I have some profit.
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Investing large sums with an offshore broker is risky, Alpari limited do present themselves as reliable and safe i am also concerned that they are located in the Grenadines, perhaps a tax reason. Try looking into fxOpen Australia and Fibo group, both offer pamm accounts, i would spread your risk.
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If you look on the website they are regulated in the Saint Vincent and the Grenadines, West Indies. However regulation there is not going to be anywhere as good as being SEC or FCA regulated. I have an Alpari PAMM account for over a year and happy with the service. I have an Alpari UK account that is FCA regulated as well, so as Alpari was a global company I was happy to go with them.
The only FCA regulated PAMM like service I have seen is Darwinex. The FCA is now starting to focus on regulating the mirror trading sphere so things are likely to change a lot over the next few years. There are lots of good articles on FX Magnates around this.
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I have some small amounts of funds in Alpari PAMM and portfolio accounts. Returns seem to be acceptable.
My question is.... they are Russian. I am in New Zealand, apparently my account is managed from Nigeria....*&&^%$$
Are they a safe broker.... I.e im looking for PAMM broker to invest larger sums. 500k + but want to be sure they aren't just going to disappear.
There reporting is flashy... but does lack transparency and depth.
Any feedback would be appreciated.
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yes i confimed with my team
dont trust them i send you pm
