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Alpari.co.uk Discussion

  • #3,061
  • Jan 26, 2015 1:44pm Jan 26, 2015 1:44pm
Quoting leokatz
{quote} hey, if it is as you say, then why did you put your money on this broker? How stupid is that? If you do not have a hat, I can give you my hat, let it taste you!
Yes ,common Terry time to eat your hat!!!
  • #3,062
  • Jan 26, 2015 2:08pm Jan 26, 2015 2:08pm
News from Reuters... http://www.reuters.com/article/2015/...0V51R220150126
  • #3,063
  • Jan 26, 2015 2:59pm Jan 26, 2015 2:59pm
Has anybody started to get money out from Alpari UK? When can we expect this?
  • #3,064
  • Jan 26, 2015 3:38pm Jan 26, 2015 3:38pm
Quoting BobbyStar
Has anybody started to get money out from Alpari UK? When can we expect this?
This will take some time. Priority will be given at the time of sale of Alpari Alpari because then would no longer be in the insolvency. did you not read that there were irregularities days before 10? As long as this is not understood, no money shall be paid out. therefore be patient.
  • #3,065
  • Jan 26, 2015 6:27pm Jan 26, 2015 6:27pm
If someone buys alpari, does that make us their clients automatically? or shall we re-apply for accounts, and go through the same procedure again?
  • #3,066
  • Jan 26, 2015 6:41pm Jan 26, 2015 6:41pm
Quoting aemam
If someone buys alpari, does that make us their clients automatically? or shall we re-apply for accounts, and go through the same procedure again?
you will still be a client of alpari. the firm has just different owners.
  • #3,067
  • Jan 26, 2015 7:47pm Jan 26, 2015 7:47pm
Quoting aemam
If someone buys alpari, does that make us their clients automatically? or shall we re-apply for accounts, and go through the same procedure again?
we would be potential customers. Because we would a new contract offered, I think. Probably connected to a bonus. Brokers earn money with customers. New customers are very hard to find. Alpari there are quite a few customers. According to the interest of the broker Alpari to buy.
  • #3,068
  • Jan 26, 2015 9:58pm Jan 26, 2015 9:58pm
where are the FSA regulatory? if they do not do anything or announce something? then what they work in case alpari UK something like this?
  • #3,069
  • Jan 26, 2015 10:55pm Jan 26, 2015 10:55pm
by Tim Wallace
27 January 2015 1:23am
CUSTOMERS of forex and spreadbetting site Alpari UK could have to wait four to six weeks before they can re-access their funds, one of the bidders to buy parts of the collapsed firms warned yesterday.
Administrators from KPMG are pooling client funds, and will pay clients the money from their accounts when it is certain the numbers are robust.
But the process is being slowed down by uncertainty over how to calculate the sums owed to those who had trades open on the day – particularly in the Swiss franc.
It could take “four to six weeks to pay clients and hopefully sell the client base,” ETX Capital’s boss Andrew Edwards told City A.M.
He wants to buy the client base, gaining hundreds of thousands of customers and taking on some of Alpari’s staff.
And he does not expect Alpari UK to be sold in one piece.
“It is not really attractive to existing brokers, as we already have the infrastructure,” he said.

http://www.cityam.com/208011/alpari-...s-access-funds
  • #3,070
  • Jan 27, 2015 12:25am Jan 27, 2015 12:25am
Quoting panhwar
by Tim Wallace 27 January 2015 1:23am CUSTOMERS of forex and spreadbetting site Alpari UK could have to wait four to six weeks before they can re-access their funds, one of the bidders to buy parts of the collapsed firms warned yesterday. Administrators from KPMG are pooling client funds, and will pay clients the money from their accounts when it is certain the numbers are robust. But the process is being slowed down by uncertainty over how to calculate the sums owed to those who had trades...
six week ​
  • #3,071
  • Jan 27, 2015 12:26am Jan 27, 2015 12:26am
Quoting bimarpradana
where are the FSA regulatory? if they do not do anything or announce something? then what they work in case alpari UK something like this?
they are getting paid to do nothing bro, don t expect anything from them if there is a buyer according to the link sent by PANHWAR
http://www.cityam.com/208011/alpari-...s-access-funds
  • #3,072
  • Jan 27, 2015 12:29am Jan 27, 2015 12:29am
better start trading away.. and stop losing opportunities
  • #3,073
  • Jan 27, 2015 12:31am Jan 27, 2015 12:31am
Quoting Mroue26
better start trading away.. and stop losing opportunities
i m planning to borrow money so i want lose opportunity on the market while waiting to withdrawal my stuck fund in alpari
i can t imagine i miss last week the ECB press conference i could make a tons of$$$$$$$$$$$$$
  • #3,074
  • Jan 27, 2015 12:50am Jan 27, 2015 12:50am
Quoting Jadgeha
{quote} i m planning to borrow money so i want lose opportunity on the market while waiting to withdrawal my stuck fund in alpari i can t imagine i miss last week the ECB press conference i could make a tons of$$$$$$$$$$$$$
Scarry to hear such comments.
Three rules for all of you rookies out there.

a) you never miss anything as new opportunities arise everyday
b) don't ever borrow money to trade
c) don't ever use too much leverage

Overall, leverage is what got us in this situation in the first place, what you are doing is essentially extending that leverage when borrowing money. I wish they had at least a small exam or some check up for people that receive any leverage.
  • #3,075
  • Jan 27, 2015 1:01am Jan 27, 2015 1:01am
Quoting madsuh
{quote} Scarry to hear such comments. Three rules for all of you rookies out there. a) you never miss anything as new opportunities arise everyday b) don't ever borrow money to trade c) don't ever use too much leverage Overall, leverage is what got us in this situation in the first place, what you are doing is essentially extending that leverage when borrowing money. I wish they had at least a small exam or some check up for people that receive any leverage.
i never use to much leverage bro, i was doing fine with my 48K until this mess happen
and i m a full time trader i make a living out of it so i have to do something during those 6 weeks
  • #3,076
  • Jan 27, 2015 1:10am Jan 27, 2015 1:10am
Quoting Jadgeha
{quote} i never use to much leverage bro, i was doing fine with my 48K until this mess happen and i m a full time trader i make a living out of it so i have to do something during those 6 weeks
I borrowed some money from my brother and now enjoying the market
  • #3,077
  • Jan 27, 2015 1:21am Jan 27, 2015 1:21am
Quoting whtangpi
{quote} I borrowed some money from my brother and now enjoying the market
hahaah lol good luck bro
  • #3,078
  • Jan 27, 2015 1:29am Jan 27, 2015 1:29am
Not the leverage was. It was stupidity of people who can not weigh the risks and benefits. What profits would have been possible in CHF? 50 pips? When? and what risk? Incalculable. Opportunity and risk out of proportion. It was ignorance and stupidity. Ignorance of the basics of trading. Stupidity to open large positions. Who more than 1% of its capital used for trading, has 4,000 pips air without crashes the account. And that opens appropriate positions is within the knowledge about trading. Ignorance and greed were. Not the high leverage. And it was inadequate risk management and insufficient capital of Alpari Alpari. These were the causes. Quite logically explained for dummies. Those who are not able to acquire this knowledge, or who does not have enough money, you want to look for a job that he can earn money. Who is greedy, which should not trade too. Because greed leads to total loss for a large leverage.
  • #3,079
  • Jan 27, 2015 1:32am Jan 27, 2015 1:32am
Quoting leokatz
Not the leverage was. It was stupidity of people who can not weigh the risks and benefits. What profits would have been possible in CHF? 50 pips? When? and what risk? Incalculable. Opportunity and risk out of proportion. It was ignorance and stupidity. Ignorance of the basics of trading. Stupidity to open large positions. Who more than 1% of its capital used for trading, has 4,000 pips air without crashes the account. And that opens appropriate positions is within the knowledge about trading. Ignorance and greed were. Not the high leverage. And...
i do agree with you. this is what lead our fund to be jammed, from ignorance of baby trader
  • #3,080
  • Jan 27, 2015 2:21am Jan 27, 2015 2:21am
It was as much as LP's fault as a broker and traders fault. Everyone played a role in this disaster. Biggest culprit if anyone it is SNB.
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