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Alpari.co.uk Discussion

  • #2,221
  • Jan 19, 2015 5:50pm Jan 19, 2015 5:50pm
Quoting Bear-Trader
{quote} the sooner they get this done the better. filled out the creditors form aswell
Did you send it away online?

I can't edit the PDF form.
  • #2,222
  • Jan 19, 2015 5:53pm Jan 19, 2015 5:53pm
Personal opinion we don't need to fill the KPMG debt form as we are not creditors. Creditors like banks, landlords, energy suppliers should be paid with the Alpari UK's assets following a certain order, but our money is certainly not Alpari UK's assets and should not be used to pay creditors. The only question is when Alpari UK will return our money from their segregated bank accounts to our bank accounts.

I think Alpari UK will not simply return our money if it still wants to sell the business, because returning all clients' funds means losing most clients and a business with no clients is certainly worthless. If Alpari UK is completely out of business then we could expect to get our money back soon, but it is more likely to be sold to another broker and continue its business with us, though some of us will definitely leave it after this nightmare.

All we can do now is waiting and I think the final decision will arrive in this week.
  • #2,223
  • Jan 19, 2015 6:00pm Jan 19, 2015 6:00pm
Quoting verv
{quote} Did you send it away online? I can't edit the PDF form.
sent online.
I have a PDF editor (Nitro), this allows me to edit forms (fill in).
I then printed the filled out form, signed it, scanned it, then emailed

Nitro PDF download = http://download.cnet.com/windows/nit...6262097-1.html

I don't see the reason to sign the form, as I didn't sign anything to open the account, but I did anyway.
  • #2,224
  • Jan 19, 2015 6:05pm Jan 19, 2015 6:05pm
Quoting bear-trader
{quote} the sooner they get this done the better. Filled out the creditors form aswell
where is that creditors form, i cant find it thanks
  • #2,225
  • Jan 19, 2015 6:10pm Jan 19, 2015 6:10pm
Quoting Tim_isoara
{quote} No. After margin call Alpari must close trade. Is Alpari mistake when client balance go to negative. Is Alpari loss. DD is yours loss. I have an account to Alpari UK and I dont want to withdrawal my money. I wait to see who will buy the company. 100% KPMG will sell the company.
You have no clue.

Read the small printed !!

How to opt out annoying user signatures ??
  • #2,226
  • Jan 19, 2015 6:12pm Jan 19, 2015 6:12pm
Quoting magicpips
{quote} where is that creditors form, i cant find it thanks
Creditors Form for Alpari Clients

https://www.insolvency-kpmg.co.uk/ca...F119D1101.html

Hopefully they create a better form in the future.
  • #2,227
  • Jan 19, 2015 6:38pm Jan 19, 2015 6:38pm
Quoting jizzyjay
{quote} Yep. Thats all we can do at the minute. Ive already emailed a signed proof of debt form along with a copy of my daily confirmation and a withdrawal request I made on the morning of the 16th january. My only objective now is getting my funds and if thats the process I will follow it. At least KPMG have now given me clear instructions on how to get the ball rolling. I still believe the company will be sold now though. The administrators can now split the company up into two parts. Positive accounts can remain with the company and sold to a...
Hi,

have you used this address: [email protected]

Regards
Mike
  • #2,228
  • Jan 19, 2015 6:46pm Jan 19, 2015 6:46pm
Quoting Toranaga
{quote} You have no clue. Read the small printed !!
This week or next will have the name of new owner.
Read the small printed, from left to right!!
  • #2,229
  • Jan 19, 2015 6:49pm Jan 19, 2015 6:49pm
Quoting kingliufx
Personal opinion we don't need to fill the KPMG debt form as we are not creditors. Creditors like banks, landlords, energy suppliers should be paid with the Alpari UK's assets following a certain order, but our money is certainly not Alpari UK's assets and should not be used to pay creditors. The only question is when Alpari UK will return our money from their segregated bank accounts to our bank accounts. I think Alpari UK will not simply return our money if it still wants to sell the business, because returning all clients' funds means losing...
Agree.
  • #2,230
  • Jan 19, 2015 6:56pm Jan 19, 2015 6:56pm
Quoting Bear-Trader
{quote} sent online. I have a PDF editor (Nitro), this allows me to edit forms (fill in). I then printed the filled out form, signed it, scanned it, then emailed Nitro PDF download = http://download.cnet.com/windows/nit...6262097-1.html I don't see the reason to sign the form, as I didn't sign anything to open the account, but I did anyway.

Thank you.

I sent the form off.

I'm not sure if it is necessary at this stage, but I am happy to do so, just in case.
  • #2,231
  • Jan 19, 2015 7:19pm Jan 19, 2015 7:19pm
here is a quick how to guide.

1. Email [email protected] (given by alpari website)
- you will be sent an automated response with a link to a website containing a creditors form
-automated responses are normal procedure when high volume inquiries are expected (stops their email system from crashing and passes on relevant information)

2. fill creditors form and attach a daily confirmation in email.
- clients are now "Unsecured Creditors", our pooled funds are only safe if Alpari has followed the law to the letter, even then with these extreme events this is still uncertain (no official statement to confirm client funds are safe). hence it is better to be safe than sorry.

3. now you can wait knowing that you have done all that was requested by the administrator.

you can choose to sit there and do nothing while hopping government bodies do what they say they'll do...
As forex traders we make calculated high risk decisions with our money, so why would anyone do nothing in this situation and expect the best outcome?
  • #2,232
  • Jan 19, 2015 8:18pm Jan 19, 2015 8:18pm
Inserted Video
  • #2,233
  • Jan 19, 2015 8:34pm Jan 19, 2015 8:34pm
Dukascopy and Oanda are two brokers that are handling this whole disaster properly. No re-quotes/cancellations on CHF trades and negative balances cleared.

This is service, this re-instates trust back into the clients. Alpari is a joke. I would switch to one of these two if they offered spread betting but for you other guys, go to one of these guys. They treat their clients right.
  • #2,234
  • Jan 19, 2015 8:37pm Jan 19, 2015 8:37pm
Quoting nAVIN2007
{quote} alpari closed my terminal after the swiss turmoil closing balance is 16,410k ..this is what i will get back right? the regulator told me up to 6 months..i will miss a lot of trading as a result of this..might even end of trading career (am laughing at the fact i called it a career)
Hey guys, did you recieved any information or confirmation from alpari uk that your money will. Be bring back to you?
  • #2,235
  • Jan 20, 2015 12:29am Jan 20, 2015 12:29am
Here's some background on Richard Heis, the partner of KPMG liquidating Alpari (UL). https://www.r3.org.uk/index.cfm?page=1547


As you can see, he's got experience in financial crisis, including the Bearings collapse of the 90s.
  • #2,236
  • Jan 20, 2015 1:08am Jan 20, 2015 1:08am
Quoting Bear-Trader
here is a quick how to guide. 1. Email [email protected] ("[email protected]") (given by alpari website) - you will be sent an automated response with a link to a website containing a creditors form -automated responses are normal procedure when high volume inquiries are expected (stops their email system from crashing and passes on relevant information) 2. fill creditors form and attach a daily confirmation in email. - clients are now "Unsecured Creditors", our pooled funds are only safe if Alpari has followed the law to the letter,...
Please don't do this. You don't have a clue and yet you try to guide people. You don't want to be a creditor, because in case of insolvency you will only get a part of what you are owed, after employees are paid for example.
All this hyperactive fuzz doesn't help. Everybody needs patience, every client will certainly be adressed by the administrators in due time. This at the moment is no priority whatsoever, because the money is in segregated accounts. And I am sure that every client in the end will be treated the same.
It's painful to have to wait, but this is what it is.
Fail better.
  • #2,237
  • Jan 20, 2015 1:35am Jan 20, 2015 1:35am
I am not very worrying about the money since they are segregated by FCA rules.

But I just want to give an important notice: If customers want to withdraw their money, they must use their user name and password to enter the Alpari online panel and submit withdraw request. It is not safe by using an email form to withdraw.

Because some users' information may be known by others on these days, except the information of User name and Password.

Regards,
  • #2,238
  • Jan 20, 2015 1:44am Jan 20, 2015 1:44am
Have you noticed that yesterday case contact email where you have to send claims was different!!!
It was [email protected] and there was shown email for supervisor as well!
First thing that supervisor's contact disappeared and now claims contact is [email protected]
  • #2,239
  • Jan 20, 2015 1:46am Jan 20, 2015 1:46am
Quoting TerryTibbs
Dukascopy and Oanda are two brokers that are handling this whole disaster properly. No re-quotes/cancellations on CHF trades and negative balances cleared. This is service, this re-instates trust back into the clients. Alpari is a joke. I would switch to one of these two if they offered spread betting but for you other guys, go to one of these guys. They treat their clients right.
Market Maker. And the lever? 1:50 at Oanda, I have no interest in betting against the broker. I want to act in the market and not to a broker who can see my stops. Market makers manipulate prices. There are never the actual market prices, I think.
  • #2,240
  • Jan 20, 2015 2:07am Jan 20, 2015 2:07am
Go to site: https://www.insolvency-kpmg.co.uk/ca...F119D1101.html

for insolvency information.
One against the many.
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