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Increased cashback at Alpari UK

March 29th, 2010

I wrote about decreased cashback at Alpari UK about a month ago, when Cashbackforex stated that it would only pay 0.1 pips back. Now they’ve increased it to 0.25 pips. This is still down a lot from the original 0.42 pips of course, but this was enough for me to reevaluate my decision to close the account. I will keep trading it now. Performance of FAP Turbo and MegaDroid is good enough to justify it. I probably will fund the account at FXCM UK also eventually, but now I’m not in as much of a hurry.

It might seem like nothing, but cashback is serious money when trading scalpers. Don’t underestimate it.

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