LONDON, December 22, 2014 /PRNewswire/ --
- The Alpari group of companies announce trading volumes in excess of $191 billion for the period 1-30 November 2014.
Alpari (UK) Limited ("Alpari UK"), one of the leading global providers of online foreign exchange ("forex", "FX"), precious metals, spread betting and CFD trading services, announces global trading volumes of $191.4 billion for November 2014.
These figures continue a strong fourth quarter for the company, which has seen trading figures rise steadily following the traditional summer lull in August.
Precious metal spreads reduced
Alpari UK also introduced spread cuts across its MT4 Market and MT5 accounts last month: average spreads on Gold have been cut to $0.25, with Silver cut to $0.02. On the MT4 Pro account, Gold average spreads have been cut to $0.17, with Silver at $0.01. Alpari UK's commission-free* precious metals include a floating leverage system with up to 1:200 leverage and no restrictions on stop and limit levels, which are set to zero on MT4.
The company also updated its overnight swap rate for precious metals during November, which are now quoted in US cents per ounce instead of percentage terms. The update should make calculating swap rates easier for clients, and reduce overnight financing charges.
Hannah Hill, Global Head of Marketing, commented: "We are pleased that November has continued the company's H2 trend of stronger trading volumes, and we are confident that the recent changes to our precious metals spreads will continue to drive trading in these markets. We look forward to finishing the year strongly to complete an extremely encouraging six months."
*Pro accounts are not commission-free.
Alpari UK is an independent entity within the association of Alpari companies ("Alpari"). Alpari serves global clients from offices in over 20 countries. Our locations include London, Frankfurt, Boston, Dubai, Shanghai, Tokyo and Moscow.
Alpari has a number of high-profile sponsorships, including the Alpari World Match Racing Tour (title sponsor) and West Ham United FC (principal sponsor).
Risk warning: 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 investment.
SOURCE Alpari UK