Alpari.co.uk Discussion | Page 120 | 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

  • #2,381
  • Jan 20, 2015 1:13pm Jan 20, 2015 1:13pm
Quoting shail31
{quote} Just as I suspected it appears the segregated funds are from 15 jan before the chf fiasco. Check this link from reuters: http://uk.reuters.com/article/2015/0...0KT1VZ20150120 The initial view in the early stages is that the client money is whole," the UK regulator said in a statement on its website. This refers to the money from customers of Alpari being kept in accounts separate from thecompany{image} itself,...

what i want is from them to simply cross off my -3.6k loss as its down to them closing my account..i hold my trades for ages..1 year to me is like a scalp
but they are asking for commision for me to even see something back..i hardly lose money in trading my success rate is above 90% but this has wiped out all my profit ..u cant protect yourself agaain a broker going burst..alpari was meant to be a fat cat..

so now i feel very insecure abt trading altogether
  • #2,382
  • Jan 20, 2015 1:22pm Jan 20, 2015 1:22pm
Quoting nAVIN2007
{quote} what i want is from them to simply cross off my -3.6k loss as its down to them closing my account..i hold my trades for ages..1 year to me is like a scalp but they are asking for commision for me to even see something back..i hardly lose money in trading my success rate is above 90% but this has wiped out all my profit ..u cant protect yourself agaain a broker going burst..alpari was meant to be a fat cat.. so now i feel very insecure abt trading altogether
Dude SNB is the real culprit.Till late december they were positively leading everyone astray that
we are determined to defend 1.20.My only mistake "I trusted a central bank" and I am in a
big mess .If I ever trade again I have learned a lot of lessons most importantly unless there
is someway to guarantee the stop loss or hedge it or some new regulation comes about we
can again loose a lot if there is another blackswan.
  • #2,383
  • Jan 20, 2015 1:28pm Jan 20, 2015 1:28pm
Quoting nAVIN2007
{quote} what i want is from them to simply cross off my -3.6k loss as its down to them closing my account..i hold my trades for ages..1 year to me is like a scalp but they are asking for commision for me to even see something back..i hardly lose money in trading my success rate is above 90% but this has wiped out all my profit ..u cant protect yourself agaain a broker going burst..alpari was meant to be a fat cat.. so now i feel very insecure abt trading altogether
thats why i NEVER hold a trade overnight... a yeaaaaaaaaaaaaaaaar??? o god
my average trades is 30 minutes - 2 hours maxx
never invest for a long time .. neverrr
  • #2,384
  • Jan 20, 2015 1:29pm Jan 20, 2015 1:29pm
I had an alpari uk account that registers now a negative balance. On the day of the peg removal I contacted alpari through their live chat service and asked what happens with the negative amounts, whether or not there is any interest and what happens in the time the balance is not leveled to 0 (money is not returned). Two different people of their staff told me that 1. alpari will ask customers to pay back money 2. there is no interest on negative balance 3. not repaying the amount only does not allow you to utilize the account.

I wonder how they are going to chase thousands of small retail customers outside the UK since I think that chasing those small amounts abroad might cost even more than the amounts chased.
  • #2,385
  • Jan 20, 2015 1:33pm Jan 20, 2015 1:33pm
Quoting shail31
{quote} Dude SNB is the real culprit.Till late december they were positively leading everyone astray that we are determined to defend 1.20.My only mistake "I trusted a central bank" and I am in a big mess .If I ever trade again I have learned a lot of lessons most importantly unless there is someway to guarantee the stop loss or hedge it or some new regulation comes about we can again loose a lot if there is another blackswan.
IG
Attached Image (click to enlarge)
Click to Enlarge Name: ig.png Size: 97 KB
  • #2,386
  • Jan 20, 2015 1:38pm Jan 20, 2015 1:38pm
guys i just had a call from KPMG returning my earlier call ,which is agood sign that they take of clients.The person I spoke to said she cant make any comments at this stage but assuring that the return of money should be done asap as it is stated as special administration.She cant give me any time frame for this process as it is a very early stage.
All I want to say guys there are some of you making stupid speculations this and that ,please do not do that.UK 's financial reputation is on the line here and I trust our regulators .FCA won't let this Alpari thing turning into another Lehman brothers.
  • #2,387
  • Jan 20, 2015 1:39pm Jan 20, 2015 1:39pm
Quoting claudia1
{quote} IG {image}
Hi Claudia,

How guaranteed is it? Could you please elaborate. I want to know under what circumstances it will not work.

Thanks.
  • #2,388
  • Jan 20, 2015 1:43pm Jan 20, 2015 1:43pm
Quoting shail31
{quote} Hi Claudia, How guaranteed is it? Could you please elaborate. I want to know under what circumstances it will not work. Thanks.
I don't use it but it's there and guarantee is a strong word for which a premium is being paid. It be difficult for them to get out of it. Must be in t & c somewhere.
  • #2,389
  • Jan 20, 2015 1:48pm Jan 20, 2015 1:48pm
'Guaranteed stops
Guaranteed stops protect you against slippage and therefore are the most effective way to put an absolute cap on any potential losses.
When you open a position, you specify the level at which you want your bet to be closed should the market move against you. In return for a slightly wider dealing spread, we will guarantee to close your position at that exact point, even if the market moves suddenly.
With a controlled-risk bet (a bet with a guaranteed stop attached), your maximum possible loss is known as soon as you open the position, making it an extremely effective risk management tool.'
  • #2,390
  • Jan 20, 2015 1:58pm Jan 20, 2015 1:58pm
Hey magi pips bro,
did you ask them how much time Gonna need to return our money
  • #2,391
  • Jan 20, 2015 1:58pm Jan 20, 2015 1:58pm
Quoting shail31
{quote} Hi Claudia, How guaranteed is it? Could you please elaborate. I want to know under what circumstances it will not work. Thanks.
Basically broker takes the risk in all circumstances for a worse spread. Kind of insurance.

In the future we may see it more expensive for any heavily manipulated currency.
  • #2,392
  • Jan 20, 2015 1:59pm Jan 20, 2015 1:59pm
By looking at what the main owner said today then there seems to be a conflict between the owners.
  • #2,393
  • Jan 20, 2015 1:59pm Jan 20, 2015 1:59pm
Quoting claudia1
'Guaranteed stops Guaranteed stops protect you against slippage and therefore are the most effective way to put an absolute cap on any potential losses. When you open a position, you specify the level at which you want your bet to be closed should the market move against you. In return for a slightly wider dealing spread, we will guarantee to close your position at that exact point, even if the market moves suddenly. With a controlled-risk...
Thanks for all the info,much appreciated.However I have come across posts that it does not work if there is a big gap.
I will look into it.
  • #2,394
  • Jan 20, 2015 2:01pm Jan 20, 2015 2:01pm
Quoting Mitbrad
By looking at what the main owner said today then there seems to be a conflict between the owners.
I do support you in ur analysts 👌
  • #2,395
  • Jan 20, 2015 2:05pm Jan 20, 2015 2:05pm
Quoting claudia1
'Guaranteed stops Guaranteed stops protect you against slippage and therefore are the most effective way to put an absolute cap on any potential losses. When you open a position, you specify the level at which you want your bet to be closed should the market move against you. In return for a slightly wider dealing spread, we will guarantee to close your position at that exact point, even if the market moves suddenly. With a controlled-risk...
Guaranteed stops are usually offered by MM. For a MM goes to my trade a the opposite position. The MM will always trade against his client. Earned on the ECN broker with the customer. That's the big difference. In addition, MM manipulate most courses.
  • #2,396
  • Jan 20, 2015 2:11pm Jan 20, 2015 2:11pm
Quoting leokatz
{quote} Guaranteed stops are usually offered by MM. For a MM goes to my trade a the opposite position. The MM will always trade against his client. Earned on the ECN broker with the customer. That's the big difference. In addition, MM manipulate most courses.
I seriously doubt IG are MM as they've suffered losses... it would have been the opposite if they were.
  • #2,397
  • Jan 20, 2015 2:17pm Jan 20, 2015 2:17pm
Quoting leokatz
{quote} Guaranteed stops are usually offered by MM. For a MM goes to my trade a the opposite position. The MM will always trade against his client. Earned on the ECN broker with the customer. That's the big difference. In addition, MM manipulate most courses.
IG is a market maker but as long as you know their game it's not too difficult to play. Reason most retailers get hit because of putting tight stops on - personally don't use stops.

Yes they do manipulate but so do the central banks.


























































+-
  • #2,398
  • Jan 20, 2015 2:18pm Jan 20, 2015 2:18pm
Quoting Mroue26
{quote} thats why i NEVER hold a trade overnight... a yeaaaaaaaaaaaaaaaar??? o god my average trades is 30 minutes - 2 hours maxx never invest for a long time .. neverrr
yes i see that now..
  • #2,399
  • Jan 20, 2015 2:38pm Jan 20, 2015 2:38pm
Quoting shail31
{quote} Thanks for all the info,much appreciated.However I have come across posts that it does not work if there is a big gap. I will look into it.
I've been looking at ActivTrades. They are an ECN and offer a 'negative balance protection' guarantee. I spoke to one of their guys today's and he confirmed that they cover all negative balances - if the market gaps and you end up on the downside, they will cover it.

http://www.activtrades.co.uk/index.a...nts_protection

FxPro do the same thing I believe.
We are what we repeatedly do. Excellence, then, is not an act, but a habit
  • #2,400
  • Jan 20, 2015 2:45pm Jan 20, 2015 2:45pm
i decided to trade with IronFX when all this BS finishes
they offer a lot of good stuff..
-Low spread.
-good margin.
-fast excution.
-IronFX mastercard* can withdraw money by ATM or buy anything directly from your balance through it.-
+ they gained 15.000.000 $ from the Swissy crisis.
-good customer care.
-dedicated account manager to each account.
-no commission* unless on LIVE ZERO FIXED SPREAD account.
24/7 dealing desk phone assistant.
(MT5 available on demo accounts only, they will make it available for live accounts in the near future.)
def. gonna start trading with them
3 traders viewing now