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  • ForexTime to be run by ex-Alpari execs

    From leaprate.com

    Read Full Story at leaprate.com

    Well it seems as though Alpari's decision to shut down its Cyprus operation Alpari FS -- at around the same time that Andrey Dashin's new firm ForexTime Ltd received a CySEC CIF license to begin operation -- has provided ForexTime Ltd the opportunity to nab Alpari FS's (former) top management. Note that Dashin was a founder of Alpari, and remains a major Alpari shareholder. LeapRate has learned that most of Alpari FS's (former) top management, including its Chairman and CEO, will be running ForexTime Ltd.

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    • Jan 5, 2013 12:19pm
    • #1
    • Quote
    • Guest

      IP XXX.XX.118.253

    • Do you know why Alpari took the decision to shut the Cyprus office?
    • Feb 12, 2013 6:54am
    • #2
    • Quote
    • gregpap

      1 posts

    • Alpari decided to shut down in Cyprus because it failed - I think that it didn't manage to get a high client base and high trading volumes. It looks like their marketing didn't work for them and it looks like they are now trying to recover their losses by opening the ForexTime site.
      Personally, I think that's sneaky! And I don't understand how they can open another company with the same management that already failed?
      Also, heed this warning: I was told that Alpari Cyprus was fraudulent - it arbitrarily closed client accounts without valid reasons, so ForexTime, with the same owner and staff, should not be trusted!
    • Feb 12, 2013 8:17am
    • #3
    • Quote
    • Guest

      IP XX.XXX.229.226

    • Hello Greg Pap,
      There is a similar comment on a story about ForexTime on the Leap Rate website here:http://leaprate.com/forex-industry-n....html#comments.
      The author of the article, Gerald Segal, gave a response that you may find interesting.
      Amanda
    • Guest

      IP XXX.XX.156.205

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      Enter the characters found on the security image. To skip verification in the future, register to become a member.

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  • Story Stats
  • Posted: Jan 3, 2013 5:58am

    Submitted by: FF News

    Category: Forex Industry News

  • 949 Views

  • 3 Comments

    Guest, gregpap, Guest

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