@UncleSteve: in Canada, there are regulations that forbid more than 1:50 leverage, as in the US. I'm not familiar with all the laws, but in the US for example, it is illegal to solicit residents through phone, mail, website(also considered as solicitation), and there may be something similar in C. I suspect that if they have any ties to Canada, such as segregated client accounts at a bank that has offices in Canada, they can be legally vulnerable if accepting customers from North-America.
If you want to absolutely use alpari, you will have to go to alpari.ru. HOWEVER, be aware that you will be dealing with lawless corrupt russian system... so if something goes wrong for you, expect little or no recourse. (watch the documentary "Putin's road to Sochi" for an eye-opening account of how their system is more corrupt than ever - my apologies to Russian citizens - this is by no means a criticism of you, as persons).
Also, be aware that alpari, although on the surface seems to be an excellent broker, has, according to the zulutrade stats, higher slippage on many of the deals. Slippage is a lot like having much higher spreads... except in an unpredictable manner... and this will rob you of gains, making many trades losses instead of profitable. Nothing terrible... many are a lot worse... they're about in the middle (which is nowhere near the leaders).
In my investigations, the ones with the lowest slippage were, from lowest to not as low, hotforex, aaafx, thinkforex. of the three, only ThinkForex is regulated in Australia, which isn't as insecure a location as others like Mauritius or Cyprus or Greece. So far in my trades, I haven't experienced any slippage even once - time is 48ms consistently and each time I click things are instantaneous. Also, I use their cTrader platform. I started out with metatrader4, and lost money because it replicated trades instead of cancelling them out... it was a bit of a learnign curve for me. cTrader is much easier to use, and had MANY very nice little additional features that are useful while doing trades. And the spreads in cTrader a slightly better, because they don't pay the higher MT licensing fees I'm guessing. But the spreads are already very good in MT. You're also trading with a extra decimal of precision (5 decimals instead of 4, 3 for JPY). I just really like them so far. Because I've recommended them, I will be active here and post news, if any, should it influence my recommendation.
PS: should you decide ThinkForex is for you, ask for my coordinates to refer you - referrals get you $100 no strings attached. Not much, but why leave it lying on the table. Other brokers may offer that too... so when signing up find yourself a friend here who is a customer of that broker to refer you. We are here to help each other, so why not help with that too. Just beware of those that offer large signup bonuses... I would even be extremely suspicious. I wasn't aware of that when I signed up with them, but I wouldn't have sad no.
If you want to absolutely use alpari, you will have to go to alpari.ru. HOWEVER, be aware that you will be dealing with lawless corrupt russian system... so if something goes wrong for you, expect little or no recourse. (watch the documentary "Putin's road to Sochi" for an eye-opening account of how their system is more corrupt than ever - my apologies to Russian citizens - this is by no means a criticism of you, as persons).
Also, be aware that alpari, although on the surface seems to be an excellent broker, has, according to the zulutrade stats, higher slippage on many of the deals. Slippage is a lot like having much higher spreads... except in an unpredictable manner... and this will rob you of gains, making many trades losses instead of profitable. Nothing terrible... many are a lot worse... they're about in the middle (which is nowhere near the leaders).
In my investigations, the ones with the lowest slippage were, from lowest to not as low, hotforex, aaafx, thinkforex. of the three, only ThinkForex is regulated in Australia, which isn't as insecure a location as others like Mauritius or Cyprus or Greece. So far in my trades, I haven't experienced any slippage even once - time is 48ms consistently and each time I click things are instantaneous. Also, I use their cTrader platform. I started out with metatrader4, and lost money because it replicated trades instead of cancelling them out... it was a bit of a learnign curve for me. cTrader is much easier to use, and had MANY very nice little additional features that are useful while doing trades. And the spreads in cTrader a slightly better, because they don't pay the higher MT licensing fees I'm guessing. But the spreads are already very good in MT. You're also trading with a extra decimal of precision (5 decimals instead of 4, 3 for JPY). I just really like them so far. Because I've recommended them, I will be active here and post news, if any, should it influence my recommendation.
PS: should you decide ThinkForex is for you, ask for my coordinates to refer you - referrals get you $100 no strings attached. Not much, but why leave it lying on the table. Other brokers may offer that too... so when signing up find yourself a friend here who is a customer of that broker to refer you. We are here to help each other, so why not help with that too. Just beware of those that offer large signup bonuses... I would even be extremely suspicious. I wasn't aware of that when I signed up with them, but I wouldn't have sad no.
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