It seems that Alpari isn't wasting time trying to monetize its fresh partnership with Dukascopy. Alpari has a good reason too - it is not the only US broker to partner Dukascopy - FXDD was the first one. It is a two horse race against the time - who will get the most US Dukascopy's clients and Alpari therefore just announced a no commission offer for month and a half for Dukascopy's clients moving their accounts over to it.
This announcement arrives on the same day MIG Bank announces similar partnership with Penson Futures.
July 11th, 2011, (New York, NY) - On the heels of the recent partnership between Alpari (US), LLC (“Alpari”) and Dukascopty Bank SA (“Dukascopy”), Alpari today announces an introductory, no commission trading offer* for all U.S. Dukascopy clients. Those who choose to transfer their accounts to Alpari will be able to take advantage of commission free trading on the JForex platform until the end of August 2011. The commission structure thereafter will be in line with that originally offered by Dukascopy.
Daniel Skowronski, CEO of Alpari (US) comments, “We are confident that US traders who choose to move their account to Alpari will be pleased with the trading conditions and dedicated customer service which they receive. This no commission offer is our way of introducing Dukascopy’s valued customers to a positive trading experience with Alpari and saying thank you to those who choose to trade with us.”
For more information, please contact Alpari (US) at sales@alpari-us.com or by phone at +1.646.825.5760 or visit us on the web at www.alpari-us.com.
*No commission trading offer valid through August 31, 2011.
About Alpari (US)
Alpari (US), LLC was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is dually registered by the Commodity Futures Trading Commission (“CFTC”) as a Futures Commission Merchant and a Retail Foreign Exchange Dealer and has been a member of the National Futures Association (“NFA”) since 2007, Member ID: 0379678. Alpari (US) is an independent entity within the group of Alpari companies.
With a history dating back to 1998, the Alpari companies (“Alpari”) are among the world’s fastest growing providers of online foreign exchange (“FX”, “Forex ”) trading services. The group of Alpari companies has more than 50 offices in cities in over 20 countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 440,000 customer accounts*, generating monthly trading volumes in excess of $160 billion**, and employ over 550 people* worldwide.
Trading foreign exchange, commodity futures, options and other over-the-counter products carries a high level of risk and may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at https://www.cftc.gov and https://www.nfa.futures.org.
*December 2010 **November 2010
About Dukascopy
Dukascopy Bank technology is one of the leading solutions in the foreign exchange industry. The Swiss Company was founded in 2004, to fulfill market need for advanced technological trading solutions to traders.
Dukascopy Bank offers a unique and transparent Forex Trading Solution based on two main principles. These two values are the core of the ECN-Marketplace technology:
-Equal Trading Rights: All clients have equal possibilities to provide and consume Liquidity within the ECN Marketplace;
-Transparent Pricing Environment: All clients have access to the same liquidity. Each and every client has the same data feed.
During years of presence in the brokerage market, the popularity of the company has been significantly increasing among individual and institutional clients. Customers fully rely on Dukascopy Bank’s unique execution quality.
Today, Dukascopy Bank is an innovative Swiss based bank offering a unique combination of technological and Forex aptitude.
Dukascopy Bank is based in Geneva, Switzerland. Host to multiple international organizations, Geneva is home to people and cultures from around the world. Stability, security and high FX regulatory standards of the country fit perfectly with Dukascopy Bank’s culture. Dukascopy Bank is supervised by the Swiss Financial Market Supervisory Authority (FINMA), institution that is charged with preserving and the strengthening public confidence in the security and integrity of financial centre.
Dukascopy Bank continues to follow its primary chosen business model (ECN) and constantly develops its relations with banks and financial institutions to create the world’s biggest liquidity aggregator. Simultaneously, the services of the bank become accessible for large private and institutional clients, as well as for clients who trade with smaller account sizes.
Grab your latest copy of the Forex Magnates Retail Forex Industry Report for Q1 2011.
