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Alpari UK announce MetaTrader 5 (Demo!)

Jim — Fri, 18 Jun 2010 15:43:33 +0000

MetaTrader 5 has been in testing by traders around the world for well over 6 months now. In an indication that there might at last be a glimmer of light at the end of the long testing tunnel Alpari UK are now publicising the fact that you can download MetaTrader 5 from their website, and thus open an account with them. It's only a demonstration account at the moment of course. Alpari don't say when a real live MT5 account will be available from them. A few more months yet I suspect. Alpari do say this however:

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The MetaTrader 4 Backtesting Blues – Track 1

Jim — Sat, 16 Jan 2010 14:12:21 +0000

The recent introduction by Alpari UK of "interbank spreads" on their MetaTrader 4 demo accounts has given us the perfect opportunity to demonstrate one of the potential problems you might encounter using the MetaTrader 4 strategy tester to evaluate a forex trading strategy you have developed for yourself, or even bought off a virtual shelf. Our regular readers will know that we have performed numerous live tests and backtests on the Forex MegaDroid "robot". Today is a Saturday, so I had a few minutes spare to run yet another backtest on the Droid. I started the simulation on March 30th 2009, the date the Forex MegaDroid team launched their creation amid great fanfare, and finished it yesterday evening. Here's what the Alpari UK MetaTrader 4 demo strategy tester showed me:

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Alpari Launch MetaTrader Pro STP Account in the UK

Jim — Fri, 15 Jan 2010 16:35:00 +0000

Here at the Trading Gurus we are constantly monitoring the quotes from a wide range of brokers. Yesterday alarm bells started ringing to tell us that the spreads on one of our MetaTrader 4 demo accounts at Alpari UK had suddenly reduced to previously unheard of levels. Spreads as low as 0.4 pips on GBP/USD for example, and once (briefly!) even zero on EUR/USD.

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Alpari Launch Live Pro Account in the UK

Jim — Tue, 20 Oct 2009 16:35:13 +0000

Alpari UK have just announced that as long as you have at least 20,000 US dollars to spare you are now able to use it to fund a shiny new Alpari Pro account. Demo accounts are available of course, just like in the United States and Russia, but Alpari UK are more than happy to let you open a real account with real money too, as long as you don't reside in the US or in British Columbia that is. Here's how the announcement put it:

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Alpari US Announce "Direct" Currenex Demo Accounts

Jim — Fri, 16 Oct 2009 14:15:28 +0000

Following the lead of their Russian cousins Alpari US announced yesterday that they too are now:

Pleased to introduce FX traders to our two new trading platforms, Alpari Direct and Alpari Direct Pro.

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MetaTrader 5 Public Beta Available At Last

Jim — Tue, 13 Oct 2009 10:02:57 +0000

The long wait is over! You can now download the first publicly available version of the MetaTrader 5 client terminal from the MQL4 forum.

Unfortunately it sounds as though you'll have to wait another 6 months before you will be able to use it in anger on a live account. "The nearest future" that Alpari Russia were talking about last week doesn't mean this week or even this month as far as demo accounts are concerned. A live account certainly sounds as though it won't be arriving until some time next year.

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Alpari Russia Introduce Currenex ECN Demo Accounts

Jim — Sun, 11 Oct 2009 20:08:48 +0000

Way back on July 15th Alpari UK announced on their website that they:

Will launch two advanced trading platforms by the end of August, offering high-speed and direct access to the international currency market for Alpari clients and other institutional and retail customers. Powered by trading technology provider Currenex®, Alpari Direct Pro will be offered to institutional clients while Alpari Direct will be offered to retail customers.

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MetaTrader 5 Public Beta Testing Begins Next Week

Jim — Wed, 07 Oct 2009 18:56:06 +0000

MetaQuotes announced today on the MQL4 forum that the long awaited MetaTrader 5 client terminal will finally be available for testing by the general public in the very near future. According to the announcement:

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Forex MegaDroid Live Test Results for August 2009

Jim — Mon, 07 Sep 2009 11:08:58 +0000

In our previous live test results for June and July the Forex MegaDroid MetaTrader 4 expert advisor did at least manage to make a profit. Sadly the "robot" seems to have lost it's way over the summer holiday season. In our live account at Alpari UK it lost money. In percentage terms it lost a lot of money!

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Forex MegaDroid – What Works and What Doesn't

Jim — Sat, 15 Aug 2009 15:04:30 +0000

The Forex MegaDroid team seemed to think that the NFA's new FIFO regulations were going to cause their creation some problems. On July 5th they sent an email to their customers promising that:

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