Wednesday, April 13, 2011

Leather Belt Smells Bad

Alior as ECN

Alior Bank decided to enter the forex market as an ECN. Who is ECN? The world's most currency brokers are called MM (Market Maker) shall not be passed orders placed by customers to the banks only make money on this that about 90% of people lose on forex. ECN and transmit any instruction to the major banks and not interested in whether you win or lose - earns only on the margins.

Alior account is connected directly to a bank account is all the more cool solution that funds from the forex account can be in your account the same day when the hiring wage. Forex account can be opened in three currencies EUR, USD, PLN. In addition to foreign currency contracts (includes about 50 pairs of foreign currencies) can play on various contracts (including about 50 pairs), such as instrument based on the WIG20 index, russel2000, NASDAQ, S & P500 index in addition to Japanese, English, Italian, Dutch, Swiss , gold, silver, oil, etc. What is interesting

transfer to another bank in PLN from the forex account is 0zł (Internet transfer) - now use the admiral market where there is a fee for drawing money.

Also interesting is that it applies Alior variable fee depending on the speed of currency, ie, you've reached a turnover of U.S. $ 25mln pay 0.0075% of the margin and has a turnover margin of 60mln pay 0.0050%

minimum deposit? From what I read on the forums will not pay the minimum, you must pay enough to make enough to open 0.1 Lot position at a leverage of 1:100, or one contract. So you can even pay 10 PLN but the platform does not allow you to open a job because of too small a margin.

addition on Friday, April 15, 2011 will be a program on TVN CNBC on Alior as ECN.

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