Disliked{quote} Hi Max FX, I'm sorry if my post wasn't clear. In the unlikely event that Alpari UK is unable to meet its financial obligations, as an individual you can submit a claim to the FSCS, no matter where you are based. Alex ________ Alexander Chadwick Alpari (UK) RepresentativeIgnored
Summary:
1) It's very unlikely event that Alpari UK is unable to meet its financial obligations
2) any retail client regardless of his/her citizenship or residency be able to claim this GBP50,000 insurance payment
3) The FSCS also protects the money in our segregated retail accounts. If a bank holding the funds you have deposited with Alpari UK goes into liquidation you will be able to claim up to GBP85,000 per person and per institution.
4) How long would it take to get my money back?
In most cases for deposits, FSCS aims to pay compensation within seven days of a bank, building society or credit union failing. We will pay any remaining claims, which are likely to be more complex, within 20 working days. For other financial services products, we try to resolve claims within six months.
Looks like that deposits with Alpari extremely safe even in very unlikely case when Alpari UK is unable to meet its financial obligations for clients with deposits below GBP50,000. Above that amount you can rely on Alpari UK reputation and guess no doubts there.
Dear Alex, please correct me if it necessary.