Frequently Asked Questions

Money Manager FAQ

Find answers to the most frequently asked Money Manager Programme questions here.

  • Answer Close 1

    How can I or my company become a registered Money Manager with Alpari (UK)?

    If you can provide Money Manager services in accordance with the regulations in your jurisdiction, please call Alpari (UK) on +44(0)20 7426 2890 or email us at sales@alpari.co.uk to discuss your business requirements and we will seek to find the right solution for you.

  • Answer Close 2

    Do I or my company need to be regulated to become a registered Money Manager with Alpari (UK)?

    You may have to be regulated by your local financial services authority to offer Money Manager services in your country. It is your responsibility to check this information before applying to take part in the Money Manager Programme.

  • Answer Close 3

    What fee and/or commission can I charge my client?

    The fee and/or commission you charge your client will be what you agree between you and your client.

    Please call Alpari (UK) on +44(0)20 7426 2890 or email us at sales@alpari.co.uk to discuss your business requirements.

  • Answer Close 4

    How does Alpari (UK) pay fees and/or commission?

    If your Money Manager application is successful, you will be allocated an Agent account. The relevant fees/commission due to you will be paid into your Agent account in real-time.

  • Answer Close 5

    Can Alpari (UK) accommodate the payment and calculations of the fees I charge for managing accounts?

    Yes, if you are a registered Money Manager with Alpari (UK) we will process the fees periodically and they are paid to your Agent account in accordance with the terms agreed between you and your client.

  • Answer Close 6

    How long does it take to open an Agent account?

    It depends on how quickly you can provide us with the required supporting documents. On average the process takes a couple of days. Once the documents have been submitted, we will aim to contact you within 24 hours. If you do not get a reply within three working days, please send an email to partnerships@alpari.co.uk.

  • Answer Close 7

    As a Money Manager for my clients' accounts, do I have the right to withdraw the funds on behalf of the clients?

    No. The LPOA (Limited Power of Attorney) agreement gives you the right to trade on a client's account but not to withdraw funds. However, if your client gives you his consent, you can submit the withdrawal form on behalf of the client and once processed the withdrawn funds will be sent to the client's bank account.

  • Answer Close 8

    Who is responsible for collecting the client's documents and for opening the accounts?

    Your client is responsible for collecting the required documents for opening their Alpari (UK) account. However, as their Money Manager you can choose to assist your clients by sending these documents on their behalf to Alpari (UK) for processing.

  • Answer Close 9

    Will my client have access to their trading account under my management?

    Yes, your clients will have access to their trading account(s). Whenever required, Alpari (UK) can provide an investor password which will enable your client to have full read-only access to the account.

  • Answer Close 10

    Do you offer multiple account management solutions?

    We provide a multiple account management solution free of charge with MetaTrader 4 Multiterminal. This platform can really make a great difference to Money Managers looking after multiple trading accounts simultaneously. MetaTrader 4 Multiterminal supports all basic functions of MetaTrader 4 Client Terminal, including system alerts and trading events, fast news, internal electronic mail and a multi-language interface.

    Please note that Expert Advisors do not run on MetaTrader 4 Multiterminal.

  • Answer Close 11

    Can I be employed to manage accounts for Alpari (UK)'s existing clients?

    Yes, you can. Your client will have to complete a Limited Power of Attorney (LPOA) form which will enable you to have the authority to operate the account on behalf of the client.

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