The story of Alpari UK continues. The troubled forex broker still says that it has not entered a formal insolvency process and that a sale is on the cards. After FXCM was reported to be a potential buyer and this was denied, there may be another buyer. Pepperstone, an Australian broker, is showing interest. Update, Monday 16:30 GMT: Alpari UK enters administration after no buyers found The Wall Street Journal quotes Pepperstone co-founder Owen Kerr: “Alpari “is something we are looking very strongly at”. And here is more from the WSJ’s reporting: There are a lot of small [market participants], and some big guys, and some big retail players, that we were looking at,” Mr. Kerr said. Mr. Kerr said the retail currency-broking industry was ripe for consolidation. “Consolidation is good. Only the strongest survive in these type of things. Here are all the reactions from 51 forex brokers (and counting) While the Swiss franc is beginning to stabilize in the markets, the foreign exchange industry is still experiencing turmoil. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Basics & IndustryForex Industry share Read Next EUR/USD Rapid Slide Could Continue Until Parity – RBS Yohay Elam 7 years The story of Alpari UK continues. The troubled forex broker still says that it has not entered a formal insolvency process and that a sale is on the cards. After FXCM was reported to be a potential buyer and this was denied, there may be another buyer. Pepperstone, an Australian broker, is showing interest. Update, Monday 16:30 GMT: Alpari UK enters administration after no buyers found The Wall Street Journal quotes Pepperstone co-founder Owen Kerr: "Alpari "is something we are looking very strongly at". And here is more from the WSJ's reporting: There are a lot of small [market participants],… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
