Alpari.co.uk Discussion | Page 87 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Alpari UK Insolvency Does Not Affect Other Alpari Companies 4 replies

Alpari US vs Alpari UK 20 replies

Alpari NZ vs Alpari UK 7 replies

Alpari Direct Pro vs Alpari MT4 Pro 4 replies

Alpari Russia, Alpari UK or MIG??? 5 replies

Attachments: Alpari.co.uk Discussion
Exit Attachments

Alpari.co.uk Discussion

  • #1,721
  • Jan 16, 2015 5:38am Jan 16, 2015 5:38am
Hi guys, does anyone know if this failure also involves somehow the russian branch of Alpari (http://alpari-forex.com/en/)?
  • #1,722
  • Jan 16, 2015 5:39am Jan 16, 2015 5:39am
Alpari are FCA regulated, their funds are in a separate account, I believe they also have FCA insurance.

I expect that everyone with money in there (including myself) will be able to claim their money back - however I don't know how or when
  • #1,723
  • Jan 16, 2015 5:39am Jan 16, 2015 5:39am
its getting worst, they ve shutdowned all log in
  • #1,724
  • Jan 16, 2015 5:39am Jan 16, 2015 5:39am
Hi @ all,

hmm, so no trading for me today... hopefully there is a solution soon with Alpari. I'm now 6 years with them and they had a good service all the time. Honestly, i don't want to withdraw my funds, i want continue trading with them.

So, all the best Alpari-Team, hopefully you manage to continue you're business.

So, already early weekend - or what?!

Regards

Chriss
  • #1,725
  • Jan 16, 2015 5:42am Jan 16, 2015 5:42am
Thats a shame what happened............Alpari UK were one of the best brokers........
  • #1,726
  • Jan 16, 2015 5:45am Jan 16, 2015 5:45am
guys, they just stopped my alpari login access as well.Luckily I logged in earlier on and ask for a withdrawal which i believe will be ignored by Alpari anyway.
  • #1,727
  • Jan 16, 2015 5:46am Jan 16, 2015 5:46am
I think the people that lost are lucky to be in a non negative account policy broker.
At least you will not have repo men coming.

Not every body is in the same case sadly.
You can look at the statements made by other brokers.
They say that they have a loss but that they will proceed the margin calls (will it succeed ? depends of the country imho)
  • #1,728
  • Jan 16, 2015 5:47am Jan 16, 2015 5:47am
account login is blocked...anyone know that they will process the withdrawals???
R!$$@dUM
  • #1,729
  • Jan 16, 2015 5:50am Jan 16, 2015 5:50am
guys

FCA is saying they're not aware of the situation , talked with FSCS, they said they know the situation but at this moment they cant make any comments, so Alpari has not applied for administration so far but I assume that will happen soon
  • #1,730
  • Jan 16, 2015 5:51am Jan 16, 2015 5:51am
Quoting forexTN14
its getting worst, they ve shutdowned all log in
Im still in.
My signature is: "Classified".
  • #1,731
  • Jan 16, 2015 5:51am Jan 16, 2015 5:51am
I've just spoken to the FCA ( Financial Conduct Authority ). They were very helpful and have told me there is to be a press release on their site in the next couple of days - although hopefully today - regarding this matter.

This is the place to watch - http://www.fca.org.uk/news

You can contact the FCA using the following numbers:

UK: 0300 500 0597
From abroad: +44 20 7066 1000

They told me they have been receiving a lot of calls about this today - as expected.

Good luck everyone!
We are what we repeatedly do. Excellence, then, is not an act, but a habit
  • #1,732
  • Jan 16, 2015 5:52am Jan 16, 2015 5:52am
Quoting magicpips
guys FCA is saying they're not aware of the situation , talked with FSCS, they said they know the situation but at this moment they cant make any comments, so Alpari has not applied for administration so far but I assume that will happen soon
Looks like we crossed posts!

I managed to put my withdrawal request in too - but I'm not holding my breath.
We are what we repeatedly do. Excellence, then, is not an act, but a habit
  • #1,733
  • Jan 16, 2015 5:52am Jan 16, 2015 5:52am
Quoting goldfinch
{quote} Yes you can claim it back, as they are FCA regulated up to 50k is protected by them. Once they go though this process, they are only insolvent, they will either resume operating, if they can find the money, or the most likely scenario they will be wound up. At that stage an administrator will be appointed, who will be in charge of the assets and liabilites. Once that administrator is in place he will also manage all the refunds if there is enough cash left. If he determines the assets do not cover the liabilities, he will notify the FCA,...
thank u for the information
  • #1,734
  • Jan 16, 2015 5:52am Jan 16, 2015 5:52am
Another interesting fact,

they said within the announcement, that customer losses have been too heavy, and they got the responsibility for these losses.

It would be really interesting to know, how much people got their account to zero yesterday - especially the bigger managed accounts. It smells like really really hard losses around the world since this event...
  • #1,735
  • Jan 16, 2015 5:52am Jan 16, 2015 5:52am
I am guessing as they dont have any money so they cant process the withdrawals also the client money are on segregated accounts so they cant touch that either
  • #1,736
  • Jan 16, 2015 5:52am Jan 16, 2015 5:52am
Quoting Berserker
I've just spoken to the FCA ( Financial Conduct Authority ). They were very helpful and have told me there is to be a press release on their site in the next couple of days - although hopefully today - regarding this matter. This is the place to watch - http://www.fca.org.uk/news You can contact the FCA using the following numbers: UK: 0300 500 0597 From abroad: +44 20 7066 1000 They told me they have been receiving a lot of calls about this today - as expected. Good luck everyone!
  • #1,737
  • Jan 16, 2015 6:04am Jan 16, 2015 6:04am
Quoting nAVIN2007
{quote}

There is no need to panic, unless you have over 50k in your account, you are well protected in the UK.
A contrarian; I always disagree.
  • #1,738
  • Jan 16, 2015 6:09am Jan 16, 2015 6:09am
Quoting goldfinch
{quote} There is no need to panic, unless you have over 50k in your account, you are well protected in the UK.

thank u
  • #1,739
  • Jan 16, 2015 6:12am Jan 16, 2015 6:12am
Quoting nAVIN2007
{quote} thank u

You are very welcome, the last thing you need is worry about your money. It may take a bit of time but you will get it back.
A contrarian; I always disagree.
  • #1,740
  • Jan 16, 2015 6:17am Jan 16, 2015 6:17am
Quoting goldfinch
{quote} You are very welcome, the last thing you need is worry about your money. It may take a bit of time but you will get it back.
how about clients not located in uk. are they also protected by FCA.can they also get back their money ? Thanks.
3 traders viewing now