Thanks paramax. Actually Vantage told me that they insured the whole book of client's money with Lloyd but it does not tell me anything regarding how much I am personally insured for.
Will check ActivTrades out.
Will check ActivTrades out.
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Disliked{quote} Thank You. But I don't come back, I will remain with trading, it's betterIgnored
DislikedThanks paramax. Actually Vantage told me that they insured the whole book of client's money with Lloyd but it does not tell me anything regarding how much I am personally insured for. Will check ActivTrades out.Ignored
Disliked{quote} Ask them to show you the insurance policy. ActivTrade has theirs available in their own site. Or just change to Vantagefx.co.uk, same company but they have a UK branch and it is protected by the FSCS.Ignored
Disliked{quote} in 24 hours in think you will receive. I received after 5 min.Ignored
QuoteDislikedIn a recently released KPMG statement, the first tranche of clients with negative balances is being notified following the latest developments in the ongoing mediation with Alpari UK. This tranche will cover all clients with negative balances for whom the Joint Special Administrators, consisting of Samantha Bewick, Richard Heis, and Mark Firmin have verified the available contact information.
However, this excludes clients that had open CHF trades after 9:00 GMT on Thursday 15 January 2015. At this juncture, clients falling[/highlight]...
QuoteDislikedAccount validation
We are now in a position to contact the first tranche of clients with negative balances. This tranche
should cover all clients with negative balances for whom the Joint Special Administrators have
verified the available contact information but excludes clients that had open CHF trades after 09.00
GMT on Thursday 15 January 2015. The validation work in respect of the remaining clients is ongoing
and we will provide a further update as soon as we are able.
CCI Legal Services Limited (“CCI Legal”)
The Joint Special Administrators have appointed CCI Legal to assist them in recovery of the debts
due from clients with negative balances. Please accept this notice as confirmation that CCI Legal are
formally authorised to act on behalf of the Company and the Joint Special Administrators and to
accept payments due to the Company.
CCI Legal will contact clients directly. You should raise any questions or queries with them in the first
instance and they will liaise with the Company and the Joint Special Administrators as appropriate.
Account consolidation
Where clients held more than one account with the Company all such accounts have been
consolidated to arrive at a single net balance per individual. Clients should therefore only receive a
demand for one amount which will reflect the final aggregated balance of all accounts they held with
the Company.
Currency conversion
All account balances have been converted to GBP at the official exchange rate, which is the mean of
the buying and selling spot rates prevailing in the London market as published at the close of
business on 19 January 2015.
Whilst we are requesting settlement in GBP, if this presents difficulties for you please speak to CCI
Legal to discuss arrangements for paying in other currencies.
Prompt settlement discounts
The Joint Special Administrators will be allowing prompt settlement discounts to clients who make
arrangements to settle their account balances promptly. Full details will be provided by CCI Legal
once they are in a position to contact clients. To benefit from these concessions it is important that
you deal with any demand you might receive promptly.
Disliked{quote} More than 48 hours, and I do not receive any confirmation. Is that Normal?Ignored
Disliked{quote} me too 48 hours and didnot recieve confirmation email from fscs i don't know how long we can wait??Ignored
Dislikedhi all, yeay i got the access to portal, but the claim nominal is far from my deposit. smaller than my deposit.. mai i complaint? or just given? and it's an update from KPMG on 17 March 2015 {quote} it's mean that account with negative balance will berefund all deposit? so what next to do? i still didn't confirm my clain in portal. wait until all clear. regardsIgnored
Disliked{quote} You receive confirm about your agreed claim from KPMG not FSCS is just an automatic reply when you finish the process. FSCS will contact us next time.Ignored
QuoteDislikedDear Sir / Madam
Alpari (UK) Limited (in special administration) (“the Company”)
Thank you for agreeing your claim in the Claims Portal and providing the necessary documentation to evidence a change to your name and/or address from those held on the Company’s records. At present we are experiencing a large number of requests and, therefore, it is taking longer than anticipated to respond to clients confirming that the documentation supplied is sufficient. We are working through this as quickly as possible and will send you an email in due course confirming whether the documents have been accepted or if any further action is required by you.
Yours faithfully
for Alpari (UK) Limited
Scott Rubin
For the Joint Special Administrators