Alpari’s Trading Turnover Soars 45% in Q1 2018, Aided by Strong APAC Growth

Leading global retail Fx and CFD broker, Alpari has published its trading turnover data in the first quarter of 2018. Boosted by the strong influx of new retail clients as well as increased trading activity combined with heightened volatility during the period, the brokerage reported total trading turnover of $429 billion, a growth of 45 percent compared to the same period in 2017. 

The rise in client base was mainly contributed from the Asia-Pacific region where it registered twice as many clients compared to same period last year. The brokerage also registered an increase in client asset by a factor of 3.2 and trading turnover by a factor of 3.5 in the region. In other markets, Alpari recorded 22 percent growth in client number while client asset grew by over 29 percent during the period. The year 2018 is characterized by heightened volatility in the global financial market which contributed to the surge in volumes both retail and institutional FX spaces.

Andrey Dashin, owner of the International Financial AlpariAndrey Dashin, owner of the International Financial Alpari brand commented on the latest release of latest figures: 

“This impressive result is a consequence of the Alpari brand’s new expansion strategy, which was undertaken in 2015 with the aim of developing our business in certain strategically important macroeconomic regions such as Asia.”

“In the Autumn of 2016, the company opened its international headquarters in Mauritius, helping us to take a more centralised approach in our work across our global network of offices and representatives as well as to bolster our presence in the Asia-Pacific region. As of now, I think it’s safe to say that we’ve chosen the right strategy, especially now that it’s started to bear fruit.”

Alpari is witnessing a steady growth across its businesses and in 2017, it exceeded $1.3 trillion in trading volumes, which is 29 percent growth compared to 2016. Last year, the company launched new line of products which helped it to gain significant traction in new markets while continuing to develop its technology and investment services and mobile applications. The brokerage house operates in over 150 countries with 80 offices across the globe and provides services to more than 1.3 million registered users.