Alaric Securities Forex Broker

General Information Alaric Securities is a stocking brokerage firm based in Bulgaria, and it provides access Prime Brokerage Services, Electronic Trading and Risk Management. Alaric Securities is owned and operated by Alaric Securities OOD, which is allegedly authorized and regulated in Bulgaria by the Financial Supervision Commission (Firm reference number RG-03-236-1). Services Alaric Securities provides prime brokerage services including US Stock Trading, ETFs, Options, Securities Lending, Financing and Risk Management, hedge Funds, Electronic Trading and Risk Management. Routes and Liquidity are also available. Account Types Alaric Securities has indeed provided multiple types of trading accounts to suit different traders trading needs, which mainly include the following: l Cash Account l Limited Margin Account (2:1 Overnight & 4:1 Intraday) l Portfolio Margin Account l Separately Managed Accounts l DVP/DFP Account How to open an account with Alaric Securities？ Opening an account with Alaric Securities is an easy and simple process, with a few steps to follow: 1. Click the “Open Account” link, and fill up some required details on the popping-up page. 2. Upload your personal data for this company to verify your details. 3. Choose the preferable payment methods, fund your account and start to trade with this forex broker. Leverage Alaric Securities provides customizable leverage for its clients depending on different account types. The margin varies as follows: Up to 30:1 Intraday & 6:1 overnight for Reg T margin accounts Up to 40:1 Intraday & 10:1 Overnight for Portfolios Margin Accounts. Fees Applied Commissions Commissions fees applied on US Stocks and ETFs depends on monthly volume. For instance, if the monthly volume is under 250,000, a commission of $0.0035 per share is charged. Overall, the more you trade every month, the less commission is applied. As for US Options, commissions are charged the same way: if you can trade a volume over 50,000 a month, for example, the commission of $0.60 is charged. Platform & API Access Fees The using of trading platforms provided by Alaric Securities are also contains fees. For example, if you use Sterling Trader Pro, you need to pay a fee of $165 per month. Fee details about this part are listed below: Margin Interest On Margin Accounts, leverage interest is based on 1-month US Dollar LIBOR Interest rate, but not less than 200 bps, plus mark-up. Long margin interest is charged daily on the cost of open long positions. Trading Platform Multiple trading platforms are available with the Alaric Securities, which include Hammer, Sterling Trader, Sterling LST and WebSocket API. Customer Support Clients with any inquiries or trading-related issues can get in touch with Alaric Securities through the following contact channels: Telephone: +359 243 981 61 Email: sales@alaricsecurities.com A Contact Form Or you can also follow this brokerage firm on some popular social media platforms, such as Linkedin, Facebook, Twitter, and Youtube. Risk Warning Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience. The information presented in this article is intended solely for reference purposes.