Alpari Switches Trades with Turkish Lira Pairs to “Close Only” Mode

[kreslik.news]

The lineup of Forex brokers that have restricted trading on the Turkish lira, following last week’s failed coup attempt has been growing bigger and bigger. Amid the latest entries into the group of brokers that have imposed restrictions on lira crosses is Russian retail FX broker, Alpari.

In a note to its clients, Alpari said that it will transfer trades on EUR/TRY and USD/TRY currency pairs to the «Close Only» mode, effective tomorrow, July 22, 2016. On August 1, 2016 the open positions on these instruments will be closed and pending orders will be deleted. This basically means that traders will not ... (read more)