Alpari.co.uk Discussion

Always. Whether it's spread betting or CFD account. They are long running market makers, what means they are LP for you (like Oanda). If LP gives you guaranteed SL for extra fee then they easily can and have to fulfil that.
The bad side is if you are trading news then you are not going to be happy about spreads and slippage. xD

The choice is yours.

Thats the whole issue dude,slippage!! If another balckswan happens will a guaranteed stop loss give me a 1000 pips slippage?

I only know IronFX have very bad reviews...

I mean it's the case like with most market makers, especially dealing desk ones like IG. The execution slower, slippage and spread spikes hunting fer stops. If you are not intraday trader, you should be fine.
The guaranteed SL will not give any slippage. It's what it says, a guarantee that you gonna be filled at this exact price, even if it's in the middle of a gap.

'Guaranteed stops
Attaching a guaranteed stop puts an absolute limit on your potential loss. Even if the market gaps suddenly, your position will be closed out at exactly the price you specified, with no risk of slippage.'

http://www.ig.com/uk/risk-management

The latest protest has reportedly erupted after a trader threatened an executive at knifepoint. IronFX: "Any purported 'complaints' are defamatory and may be linked with rumors about the company's IPO." http://forexmagnates.com/ironfx-chin...ng-money-back/

IronFX UK didnt lose anything in the swissy storm as i have seen on forexmagnates.com
there is +15M $ on their side

Yes, FxPro also offers negative balance protection:
http://www.fxpro.co.uk/trading/accou...t-funds-safety
http://www.fxpro.co.uk/documents/risk-disclosure

(I'm not a client of them)

Really it's complicate get good broker. Alpari in more 2 years i was with them never give me problems. I'm very dissapointed. HotForex is good broker?

PS: Oanda UK have hedging... I'm testing account. They will active to all account soon...

Are you sure about them being ECN? From what I see they have spreads from 0.8, microlots, no commision. This is not ECN.
Moreover, they didn't state anywhere that they are ECN or at least STP. The only thing they state is NDD what doesn't mean they are not market makers.
I'll bring Oanda once again as I spoke with their guy this morning. He clearly stated they they are MM but 'without human intervention' what is NDD. I would say that ActivTrades is having the same model.

How about with Pepper Stone? The buy Alpari perhaps. Based in Australia. Exness also seems to be ok.

I read mixed reviews. For somebody is good broker, for others bad broker ( MM against you and that things ). Really i'm not confident with brokers. Oanda seem serious but 1:50 leverage is too much. FxPro seem fine but demo accounts show bad performance ( sometimes fail to open/close order for not quote ). Exness people say problems with widthdraws... Uffff. I don't know.

A guaranteed stop is a guaranteed stop, hence no slippage. That is the whole point of such a thing and I know there are at least a few proper brokers offering that (but I can't recall their names right now).

I believe some people here still don't understand what they're doing.

hi guys

I need to post the proof of debt form but KPMG has removed the address, could any of you kindly give me the address if you still have it ?many thanks

I asked them explicitly if they were market makers and he said they weren't, they had no dealing desk, they didn't touch the trades but sent them to their LP.
But then... Just done a quick search and found this interview with CEO of ActivTrades from March 2013...

http://forexmagnates.com/executive-i...t-activtrades/

Are you a market maker and can you set spreads according to type of client?
Indeed we are market makers. Our spreads are set according to market volumes and volatility.

How can the guy on the phone just tell me something completely opposite?

Then elsewhere it is mentioned they are STP brokers - http://www.broker-review.com/activtrades/

Who knows who anyone is in this game. Anyway, this is all getting terribly off topic. Maybe there might be interest in a 'Brokers for Alpari Refugees Thread'?

[email protected]

My english isn't very well, sorry.
Someome can give me abroker who work with leverage higher than 1/400
Because my expert don't work correctly with leverage < 1/400
Thanks.

hi every body
this what i get from them i think also every body get it.

Dear Sir/Madam
Alpari (UK) Limited (in special administration) (the "Company")
Thank you for your email.
We confirm that Richard Heis, Samantha Bewick and Mark Firmin were appointed as Joint Special Administrators to the Company (the "Joint Special Administrators") on Monday, 19 January 2015.
The Joint Special Administrators are currently receiving extremely high volumes of queries from creditors and clients. The Joint Special Administrators will endeavour to answer your queries as soon as possible, however due to the volume and similarity of queries being received, this will be performed through updates on their website.
www.kpmg.com/uk/alpari
The website will continue to be updated as further information becomes available.
The Joint Special Administrators are working closely with the Company staff to confirm all client positions. The Company is unable to action requests for withdrawals at present (including requests made prior to the appointment of the Joint Special Administrators but remaining outstanding) from any client accounts, as these accounts are now subject to the special administration process.
In relation to client monies held by the Company, the Joint Special Administrators are working to reconcile holdings and accounts in order to enable client monies to be released as soon as practicable, which is one of the Joint Special Administrators' formal objectives under the Investment Bank Special Administration Regulations 2011. Clients will receive formal correspondence shortly setting out the process for making a claim in order to receive a distribution for amounts owed. As part of the process of agreeing client money entitlements we shall shortly notify a “last date for proving”, although would seek to make interim payments to holders of agreed claims before this date insofar as this is possible.
To the extent that it is not possible to reclaim money, it may be possible to make a claim under the Financial Services Compensation Scheme (‘FSCS’). FSCS is a compensation fund of last resort for customers of authorised financial services firms who become insolvent (such as the Company). For eligible investment claims where the consumer suffers a loss, FSCS can pay up to £50,000 in compensation per person, per authorised firm. If claims are paid by FSCS, it will then assume those client positions against the Company. The Joint Special Administrators are working with the FSCS to agree a process that will enable clients to establish a claim for loss. FSCS will publish an update on its website detailing the process for settling potential claims in due course.
The Joint Special Administrators' proposals, providing an update on the progress of the Special Administration and the strategy going forward, will be sent to creditors and clients of the Company within the next 8 weeks.

Please monitor the Joint Special Administrators’ website for further updates which will be provided as information becomes available.

Kind regards,

The Joint Special Administrators
For and on behalf of the Company

Mark Granville Firmin, Richard Heis and Samantha Rae Bewick were appointed as joint special administrators of Alpari (UK) Limited on 19 January 2015.

The affairs, business and property of Alpari (UK) Limited are being managed by the joint special administrators who contract as agents of Alpari (UK) Limited without personal liability.

Mark Granville Firmin, Richard Heis and Samantha Rae Bewick are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales.

Alpari (UK) Limited is authorised and regulated by the Financial Conduct Authority. FCA reference number 448002. Registered in England No. 05284142. Registered Office: 5th floor, 201 Bishopsgate, London, EC2M 3AB.

i think i will choose fxcm . but i am afraid that i will Jinx it too :nerd:

what i am more interested to know from this whole mess is how are people with negative accounts being handled? Brokers such as Oanda and Dukascopy have cleared negative balances. Will Alpari d the same? i highly doubt it. I want to hear from anyone who has a negative balance with Alpari right now, have you heard word of what is to be your fate?

I think i will go with a negative balance protected account for my next broker...

If someone buys alpari it will be up to them. In case of winding-up, KPMG will not even be allowed to "forget" someones debt, it would be highly unfair towards the other creditors.