Thread: Alpari Stuck

Originally Posted by ;

Dear Alpari (UK) Demo Customers,

In response to the problems you really have been noticing about our demonion server connectivity, we'd love to state that the following:

During the previous two months we've been testing a new Floating Leverage plug-in. Implementation of this plug-in will allow us to provide floating leverage of around 1:500 for our presentation and live customers.

All new plug-ins are originally tested in a development environment then on demonion servers and only after that are they executed live servers. This is done not just as this is a requirement of our8216;System Changes Control Approaches#8217; but also because our demonion server is a really great tool for stress testing as it's more than seven million orders at any one time. Additionally, we purposefully flooded our demonion servers with excessive quantities of orders to produce the stress testing more competitive and productive.

As a consequence of our testing, our demonion servers experienced occasional downtime issues for short periods of time. Though this was probably inconvenient for a lot of our demonion customers, we'd like to stress that live server connectivity wasn't affected at all the length of our actions.

Our stress testing is scheduled to be completed by the end of the week but in terms of service downtime, so you might experience temporary issues with your demo account performance for time being but this will be solved in the upcoming few days.

Please accept our sincerest apologies for the inconvenience caused even though the issues you've experienced this week are the unfortunate necessity that will let us introduce a new feature to our service #8211; Floating Leverage around 500:1!

We'll be making an announcement on our site regarding our new offering very shortly.



Kind Regards,

Alpari (UK) Limited

500:1 leverage? Appears to be a good way for traders to lose their cash very fast.

Originally Posted by ;

500:1 leverage? Sounds like a good method for traders to shed their cash very quickly.

Yeap! Only blow out a client

Originally Posted by ;

500:1 leverage? Sounds like a fantastic method for traders to shed their money very fast.

Why?

Leverage simply affects margin requirements, not risk.

Originally Posted by ;

Why?

Leverage only impacts margin demands, not risk.

If you handle your risk the same, that's fine. But, regrettably, retail traders have a tendency to see the chance of more leverage as a change to make a fast buck... not realizing it might additionally accelerate their losses by raising their risk.

Originally Posted by ;

should you handle your risk the same, that is alright. But regrettably, retail traders have a tendency to see the opportunity of more leverage as a shift to make a fast buck... not understanding it might additionally accelerate their losses by increasing their risk.

I understand what you are saying but I would not call those people 'traders', I'd call them reckless players. Unfortunately they are the people who give forex trading a bad reputation.

It appears like Alpari UK are keeping up with their http://www.alpari.ru/en/, they offer 1:500.

Originally Posted by ;

I know what you are saying but I would not call those folks 'traders', I'd call them reckless players. Regrettably they are the people who provide forex trading a bad reputation.

It appears like Alpari UK are keeping up with their http://www.alpari.ru/en/, they offer 1:500.

I agree with you about that. It is only unfortunate that these gamblers make up the majority of traders entering the market. When we all started trading, 500:1 seemed like a great thing... Wow, I will make so much money doing this. But we did not know risk management, commerce models, and margin enough to comprehend how easily we could drop that. I could observe the NFA stepping in finally and obstructing 500:1 offerings in America. It is a selling tool that entices in the wrong manner, in my opinion.

NFA stepping in eventually and obstructing 500:1 offerings in America

exactly what a nonesense. Would be se same if the authorities restrict maximum HP to 100 from the car market.
Leverage is a great tool in experienced hands. Same is valid for HP on automobiles...

next measure? Airbags for the trading account?

Originally Posted by ;

NFA stepping in eventually and blocking 500:1 offerings in America

exactly what a nonesense. Would be se same in case the authorities limit maximum HP to 100 in the car industry.
Leverage is a great tool in experienced hands. Same is valid for HP on cars...

Next step? Airbags for the trading account?

The distinction is that people who qualify for HP have been credit scored, as well as the loan companies have an obligation to make the consumer aware of all the disadvantages of finance such as the costs. Not so in forex.

The whole business is long overdue a regulatory overhall, maybe the new task force will introduce some purposeful regulation.

Is 1 unit in 500:1 not exactly the same as 5 components at 100:1?

Max

Originally Posted by ;

is one unit in 500:1 not exactly the same as 5 units in 100:1?

Max

Along with the point you're making is...?