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Alpari.co.uk Discussion

  • #2,441
  • Jan 21, 2015 2:11am Jan 21, 2015 2:11am
Quoting leokatz
{quote} both are market makers. So no interbank trade, but trade against the broker. I have since Monday accounts at PepperStone and Exness. Both ECN and interbank trading. Both brokers are regulated. And unlike AVA not in Cyprus. Cyprus I do not trust. What will pay Cyprus for something? Leverage similar to Alpari UK. With one important difference: both brokers have a lot of capital.
Exness is Cyprus...
Try don't lose pants never...
  • #2,442
  • Jan 21, 2015 2:12am Jan 21, 2015 2:12am
Quoting Mroue26
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....
LOoks good are they based inUK?
  • #2,443
  • Jan 21, 2015 2:16am Jan 21, 2015 2:16am
we don t care at the end we will move our money
  • #2,444
  • Jan 21, 2015 2:20am Jan 21, 2015 2:20am
If have opened a new account at Axitrader (Australia). The reviews for this broker are good and the spreads are OK as well. They are fully regulated and use segregated accounts. I wire transferred some money and will start trading soon at Axitrader.
  • #2,445
  • Jan 21, 2015 2:27am Jan 21, 2015 2:27am
Quoting Jadgeha
we don t care at the end we will move our money
lol...why to move the money when they are taken over by a solid well capitalized broker?
  • #2,446
  • Jan 21, 2015 2:29am Jan 21, 2015 2:29am
Quoting bowforex
{quote} Exness very good, i used it 2 years long, all is ok, and the withdrawal process is the best, what i know. But they not have just currencies. No indexes, etc.
well, who want to trade indices or metals can also use to another broker. Anyway, I have several brokers now. If one of the broker becomes insolvent, then you still have the other broker. therefore I am. Exness, Pepperstone , AFX, and Markets.com. In all four brokers can trade with MT4. But first choice are the first two brokers since ECN. And the leverage is similar to Alpari.
  • #2,447
  • Jan 21, 2015 2:33am Jan 21, 2015 2:33am
I just read the FCA FAQ, can someone exlpain what they mean by "individual circumstances"?


7. If I cannot get all my money back from Alpari, am I entitled to any compensation?
After the special administrators have completed their assessment of the client money position of Alpari, it will become clearer whether there are any customer losses relating to client money. If this is the case, depending on your individual circumstances, you may have access to the Financial Services Compensation Scheme (FSCS).
  • #2,448
  • Jan 21, 2015 2:35am Jan 21, 2015 2:35am
Quoting moneymob
{quote} lol...why to move the money when they are taken over by a solid well capitalized broker?
if they say now iron fx BOUGHT alpari Uk and we will be online by tonight
i will stay brother but if they will keep postponing and everyday they annouce a new buyer
its a waist of time
and we all know time is money
  • #2,449
  • Jan 21, 2015 2:48am Jan 21, 2015 2:48am
Quoting madsuh
I just read the FCA FAQ, can someone exlpain what they mean by "individual circumstances"? 7. If I cannot get all my money back from Alpari, am I entitled to any compensation? After the special administrators have completed their assessment of the client money position of Alpari, it will become clearer whether there are any customer losses relating to client money. If this is the case, depending on your individual circumstances, you may have access to the Financial Services Compensation Scheme (FSCS).
about something makes you start thinking if it makes sense. At the moment it does not make sense, therefore have to worry.
  • #2,450
  • Jan 21, 2015 2:56am Jan 21, 2015 2:56am
Does anyone know if Iron FX is regulated?

The fact that they are in Cyprus scares me.
I have heard good reviews of them though.

Thanks.
  • #2,451
  • Jan 21, 2015 3:01am Jan 21, 2015 3:01am
Quoting saticdoor86
Does anyone know if Iron FX is regulated? The fact that they are in Cyprus scares me. I have heard good reviews of them though. Thanks.
awell to be honest with you, my research on ironFX seems they are great with handling risk
however related if they are regulated don t be so sure, because even the most regulated country such london above them all
look how they are treating us with the mess of alpari uk
  • #2,452
  • Edited 3:18am Jan 21, 2015 3:01am | Edited 3:18am
Quoting madsuh
I just read the FCA FAQ, can someone exlpain what they mean by "individual circumstances"? 7. If I cannot get all my money back from Alpari, am I entitled to any compensation? After the special administrators have completed their assessment of the client money position of Alpari, it will become clearer whether there are any customer losses relating to client money. If this is the case, depending on your individual circumstances, you may have access to the Financial Services Compensation Scheme (FSCS).

Circumstances dependant on the person..
for example i was in trades gbp/usd and dragon but in dd and they close my account without notice
someone else traded the swissy had a stop loss but the sum bitch jumped over it and accumalated a massive loss

another person had no stop loss but got wiped out and then some (negative equity)
all of these examples are of individual circumstances
  • #2,453
  • Jan 21, 2015 3:08am Jan 21, 2015 3:08am
Quoting Jadgeha
{quote} awell to be honest with you, my research on ironFX seems they are great with handling risk however related if they are regulated don t be so sure, because even the most regulated country such london above them all look how they are treating us with the mess of alpari uk

yea, I agree but atleast its 80% sure they havent run away with our money. and thats due to the fact that they are regulated.
  • #2,454
  • Jan 21, 2015 3:08am Jan 21, 2015 3:08am
Quoting saticdoor86
Does anyone know if Iron FX is regulated? The fact that they are in Cyprus scares me. I have heard good reviews of them though. Thanks.
IronFX is not only based in Cyprus and regulated. Visit the website and you can read it. In Cyprus, why are so many brokers because the taxes are very low there. Maybe 10% tax on company profits. And in the UK? I think a lot more.
  • #2,455
  • Jan 21, 2015 3:11am Jan 21, 2015 3:11am
Quoting saticdoor86
{quote} yea, I agree but atleast its 80% sure they havent run away with our money. and thats due to the fact that they are regulated.
yes i agree, but the 20% remaining as risk in reality can be 100% risk on our money
we need to take all possibility due to the delay for solving this problem
  • #2,456
  • Jan 21, 2015 3:17am Jan 21, 2015 3:17am
Quoting leokatz
{quote} IronFX is not only based in Cyprus and regulated. Visit the website and you can read it. In Cyprus, why are so many brokers because the taxes are very low there. Maybe 10% tax on company profits. And in the UK? I think a lot more.
okay, will do . thanks.
  • #2,457
  • Jan 21, 2015 3:21am Jan 21, 2015 3:21am
Quoting Jadgeha
{quote} yes i agree, but the 20% remaining as risk in reality can be 100% risk on our money we need to take all possibility due to the delay for solving this problem

i think it makes a massive difference that alpari is not abroad..UK always offer somekind of protection if they were abroad i feel i would be a lot worse off..lets just hope for the best and put this behind us..its not a good start to the new year
  • #2,458
  • Jan 21, 2015 3:25am Jan 21, 2015 3:25am
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
If thats the case, i REALLY think you should continue trading. You are like the best trader there ever was if thats true, i hope you realize that? Maybe you should have 3 different accounts with the best brokers you can find and switch between them, spread the risks evenly. I mean it shouldnt be much of a problem if you trade that sort of timeframe, right?
My signature is: "Classified".
  • #2,459
  • Jan 21, 2015 3:27am Jan 21, 2015 3:27am
Quoting yaed
{quote} If thats the case, i REALLY think you should continue trading. You are like the best trader there ever was if thats true, i hope you realize that? Maybe you should have 3 different accounts with the best brokers you can find and switch between them, spread the risks evenly. I mean it shouldnt be much of a problem if you trade that sort of timeframe, right?
i agree and i learned to have more than one account
  • #2,460
  • Jan 21, 2015 3:28am Jan 21, 2015 3:28am
Quoting magicpips
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...
You have some sound thinking there. Agreed.
My signature is: "Classified".
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