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  • #1,841
  • Jan 16, 2015 11:54am Jan 16, 2015 11:54am
i have an mt5 account.. And my balance is currently 13,704$ [positive]
Am i safe in your opinion?
Will they close the account and wont let me withdraw my funds?
And what they mean by retail traders accounts?
  • #1,842
  • Jan 16, 2015 11:58am Jan 16, 2015 11:58am
I receive a new massage，a email
  • #1,843
  • Jan 16, 2015 11:59am Jan 16, 2015 11:59am
all i got to say is my little russian broker liteforex survived both the ukraine crisis/russian sanctions and the chf debacle.
  • #1,844
  • Jan 16, 2015 12:08pm Jan 16, 2015 12:08pm
Quoting Mroue26
i have an mt5 account.. And my balance is currently 13,704$ [positive] Am i safe in your opinion? Will they close the account and wont let me withdraw my funds? And what they mean by retail traders accounts?
I also have a MT5 with three times your acc size.

I am worried about it but I will stay positive . This is a regulated broker based in London. I have chosen this broker for the fact that they are regulated and for where they are based.
For this reason and my last two posts above I will remain positive.
Alpari has an obligation towards its clients and they have mentioned the segregated accounts on their website. If they do not honour that they will be completely out of business. All other Alpari entities will suffer severely if they do not return their clients funds which are supposed to be in the segregated accounts. Alpari has a good name in the industry and I am sure they will uphold that.
Let us all be positive ! After all they have stated in writing on their website that our funds are in segregated accounts.
Never Ever Give Up!
  • #1,845
  • Jan 16, 2015 12:19pm Jan 16, 2015 12:19pm
Quoting andytantra
i hope we get good news.. please always update
I highly doubt you'll get anything except generic bla bla before (end of) next week
  • #1,846
  • Jan 16, 2015 12:23pm Jan 16, 2015 12:23pm
Never deal with the Russians.
  • #1,847
  • Jan 16, 2015 12:34pm Jan 16, 2015 12:34pm
Hi folks.
My money has refunded by excel markets.

I hope that makes hope that alpari does the same as quick as possible.
  • #1,848
  • Jan 16, 2015 12:35pm Jan 16, 2015 12:35pm
I will miss their fabulous MT5 platform. Hope they will start under another name.
  • #1,849
  • Jan 16, 2015 12:39pm Jan 16, 2015 12:39pm
Quoting mvp77
Hi folks. My money has refunded by excel markets. I hope that makes hope that alpari does the same as quick as possible.
Thank you, that's encouraging for us .
  • #1,850
  • Jan 16, 2015 12:42pm Jan 16, 2015 12:42pm
Quoting mvp77
Hi folks. My money has refunded by excel markets. I hope that makes hope that alpari does the same as quick as possible.
has Excel markets declared their insolvency before you get ur money??
  • #1,851
  • Jan 16, 2015 12:43pm Jan 16, 2015 12:43pm
Alpari UK are authorised by the regulator (the Financial Conduct Authority – FCA) to look after their customers’ money. This money must be held entirely separately to the company’s own funds – in other words, ‘client funds are segregated’. This is so that if the company itself goes bust, the money and assets owned by customers are not put at risk.

In the case of Alpari UK, the company specifically states that “retail client funds continue to be segregated in accordance with FCA rules.” In short, if you had money with the company, it should be safe (bar any investment/trading losses actually related to the Swiss move).

Lets hope Alpari followed FCA regulations..

http://moneyweek.com/alpari-uk-what-...ker-goes-bust/
Memories caught in time but never forgotten
  • #1,852
  • Jan 16, 2015 12:49pm Jan 16, 2015 12:49pm
I knew I should of went with Oanda, they don't have the high leverage but seem a lot more reputable. I suppose they'll be getting a lot of new clients soon.

https://fxtrade.oanda.com/community/...opic/54010615/

All we got from Alpari UK was chat shut down, no reply to emails, I had to come on to see forum to see what was going on. I know they are in a major crisis but they could of handled this with a little more tact.

I don't have a big account, but I feel for those who had big open positions and were forced to incur loses. I lost $800 because of this, I can't imagine if it had a couple zeros added to that.

Have no respect for this company after this. It's not just the monetary factor, it has how they only care about their own interests. Really could care less what happens to us…I think if it wasn't regulated there would be no way they would try to compensate people.

The one saving grace is it is regulated & retail funds are segregated, but my fear is it will be months before we get our money.
  • #1,853
  • Jan 16, 2015 12:53pm Jan 16, 2015 12:53pm
Quoting NWGstudent
{quote} I have an account with IC markets but was trading with alpari, however IC markets confirmed that it was safe to deposit funds and that busniess was as usual
I too was trading with Alpari, and also with ICM and Oanda. Oanda seemed shaken by the SNB decision, where as ICM seem to be all right.

Regards
Mike
  • #1,854
  • Jan 16, 2015 12:55pm Jan 16, 2015 12:55pm
Quoting Mroue26
{quote}has Excel markets declared their insolvency before you get ur money??
YES.
  • #1,855
  • Jan 16, 2015 12:58pm Jan 16, 2015 12:58pm
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  • #1,856
  • Jan 16, 2015 1:05pm Jan 16, 2015 1:05pm
at last, they started to act now, please follow this guys

http://www.fscs.org.uk/news/2015/jan...ted/index.html
  • #1,857
  • Jan 16, 2015 1:14pm Jan 16, 2015 1:14pm
Fxpro is good alternative? In google people said is scam. What is the most near alternative to alpari?
Try don't lose pants never...
  • #1,858
  • Jan 16, 2015 1:16pm Jan 16, 2015 1:16pm
Quoting magicpips
at last, they started to act now, please follow this guys http://www.fscs.org.uk/news/2015/jan...ted/index.html
Dont know about you guys.. But this sounds comforting....
  • #1,859
  • Jan 16, 2015 1:21pm Jan 16, 2015 1:21pm
Hi Guys

Listen, I have account with Alpari but I always tried to keep my account balance below 50k threshold due to FCA rules.My Mrs works for FCA and trust me the accounts that is below 50K are safe but the ones above that limit and with a loss would be difficult to recover.
What you must do know just send Alpari an e-mail and keep that e-mail safe place for a proof, take screen prints etc of your account and keep them safe and sit back relax.This might take time 1-2 maybe 3 months but we will get our money back.
The only upsetting thing is Alpari gone dead and there is no one to talk which is really bad,so this thought us a very good lesson.

Good luck everyone
  • #1,860
  • Jan 16, 2015 1:24pm Jan 16, 2015 1:24pm
Quoting Mroue26
{quote} Dont know about you guys.. But this sounds comforting....
You will all get your money back. Alpari isn't that big and FCA or FSCS has also its credibility thing going on. If they can't even handle this case, they can expect bigger problems coming
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