Alpari US has launched mini options accounts for traders. The launch follows the introduction of Alpari FX options in February this year.
The FX options mini account can be used to trade spot and FX options from one margin account with a reduction in minimum trading volume from 1 standard lot of 100,000 to 1 mini lot of 10,000 and a minimum deposit requirement of $2,000. The customisable platform will execute vanilla option trading strategies.
Daniel Skowronski, CEO of Alpari (US), says, “We saw an overwhelming interest in FX options trading when we first introduced the beta version of our platform last year. With the successful launch of [the] platform in the live trading environment, we are well positioned to expand our FX options offering and rise to meet the demands of smaller retail traders alike.”