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Alpari.co.uk Discussion

  • #3,161
  • Jan 28, 2015 9:15am Jan 28, 2015 9:15am
Quoting forexTN14
{quote} I think we may get something 40 % or less back. Dont trust those f* robbers like alpari or KPMG, they will make them a big profit first. We should consider taking support/help from FCA for retail traders. Anybody got "experience" ? pls provide us a guide how to claim FCA.
Also

http://www.fscs.org.uk/what-we-cover...stment-limits/

http://www.fscs.org.uk/what-we-cover...ver-triggered/
  • #3,162
  • Jan 28, 2015 9:19am Jan 28, 2015 9:19am
I think we should all bombard BBC with our story FCA may respond
  • #3,163
  • Jan 28, 2015 9:25am Jan 28, 2015 9:25am
Quoting kebefx
I think we should all bombard BBC with our story FCA may respond
we need to do something. at the moment no body cares about us. fca is not concerned at all about its reputations, they think we 100000 from different countries mean nothing for them.
  • #3,164
  • Jan 28, 2015 9:25am Jan 28, 2015 9:25am
Quoting kebefx
I think we should all bombard BBC with our story FCA may respond
if anyone is interested would at BBC. The BBC, we do not care.
  • #3,165
  • Jan 28, 2015 9:48am Jan 28, 2015 9:48am
Since Alpari went into administration I have been compiling a list of serious concerns about the FCA and their position of acting in the interests of clients.
My plan was to draft a formal letter once the administration process was completed.
I still intend to do this as the process which is currently being undertaken is by no means in the interests of me as a client.
Im still trying to be patient but that patience is quickly running out.
If my funds are not returned soon or I dont receive confirmation as to when my funds will be returned I will write to the BBC's Watchdog program highlighting my concerns.
Seeing how other clients around the world were allowed to withdraw their funds a lot quicker when their broker had gone into administration has done nothing to help me understand why KPMG are taking so long. Also hearing from a potential buyer that I will have to wait 4 to 6 weeks before I get my funds is not good either.
Ill wait until Monday 2nd February for confirmation of when I will get my funds. If I dont get my funds or confirmation then I will be getting in touch with Watchdog.
If this is how client funds are looked after by the FCA in the UK then I feel as a nation we should all hear about it.
  • #3,166
  • Jan 28, 2015 9:50am Jan 28, 2015 9:50am
Quoting jizzyjay
Im still trying to be patient but that patience is quickly running out. If my funds are not returned soon or I dont receive confirmation as to when my funds will be returned I will write to the BBC's Watchdog program highlighting my concerns.
true.
  • #3,167
  • Jan 28, 2015 9:50am Jan 28, 2015 9:50am
Quoting leokatz
{quote} if anyone is interested would at BBC. The BBC, we do not care.
The BBC might not care but Watchdog will.
The FCA are trusted to act in our best interests in many other circumstances not just the Forex world.
If they allow our funds to be held without good reason for so long then their interests are clearly questionable.
Watchdog im sure will be very interested to hear about this.
  • #3,168
  • Jan 28, 2015 9:53am Jan 28, 2015 9:53am
Quoting jizzyjay
Seeing how other clients around the world were allowed to withdraw their funds a lot quicker when their broker had gone into administration
Really? Who?
  • #3,169
  • Jan 28, 2015 9:54am Jan 28, 2015 9:54am
Quoting jizzyjay
Since Alpari went into administration I have been compiling a list of serious concerns about the FCA and their position of acting in the interests of clients. My plan was to draft a formal letter once the administration process was completed. I still intend to do this as the process which is currently being undertaken is by no means in the interests of me as a client. Im still trying to be patient but that patience is quickly running out. If my funds are not returned soon or I dont receive confirmation as to when my funds will be returned I will...
The thought is: What can the Kiwis, what the British can not?
  • #3,170
  • Jan 28, 2015 9:56am Jan 28, 2015 9:56am
Quoting euclid
{quote} Really? Who?
If you have an interest in the outcome of all this then I trust that your keeping a keen eye on all thats going on.
That being said I should not have to tell you.
  • #3,171
  • Jan 28, 2015 9:57am Jan 28, 2015 9:57am
I have been told that the deadline for bids on Alpari UK was yesterday and there would be an announcement made this week - let's hope we get some news soon
  • #3,172
  • Jan 28, 2015 9:57am Jan 28, 2015 9:57am
Quoting euclid
{quote} Really? Who?
new zealand. The customers of the local broker are almost all paid. And the British did not even manage to send the traders the form for payout.
  • #3,173
  • Jan 28, 2015 10:05am Jan 28, 2015 10:05am
Quoting leokatz
{quote} new zealand. The customers of the local broker are almost all paid. And the British did not even manage to send the traders the form for payout.
Which firm in New Zealand is in administration?
  • #3,174
  • Edited 10:26am Jan 28, 2015 10:15am | Edited 10:26am
Quoting euclid
{quote} Which firm in New Zealand is in administration?
http://leaprate.com/2015/01/insolven...up-operations/
93% of customers already had received their money within 7 days
and in the UK? What makes the authority in the UK? Strike or vacation?
My money at Alpari is as dead as the Financial Services at the moment. Both are in deep sleep. and I'm starting to annoy me about it.
  • #3,175
  • Jan 28, 2015 10:31am Jan 28, 2015 10:31am
Quoting leokatz
{quote} http://leaprate.com/2015/01/insolven...up-operations/
That link is about Excel Markets and it says the company is continuing to operate.

That is nothing like the situation with Alpari.
  • #3,176
  • Jan 28, 2015 10:36am Jan 28, 2015 10:36am
i agree with you guys...i'm tired too..we have our projects our life....we should not to wait so long for our funds, it's really inconceivable.
myfxbook: neoxis
  • #3,177
  • Jan 28, 2015 10:39am Jan 28, 2015 10:39am
Hello,
Y-has he this forum of French customers with negative accounts with Alpari?
Do you know if they are going to ask us to rembouser negative balance?
  • #3,178
  • Jan 28, 2015 10:42am Jan 28, 2015 10:42am
Quoting euclid
{quote} That link is about Excel Markets and it says the company is continuing to operate. That is nothing like the situation with Alpari.
"As of today, 27 Jan 2015, 96% of client funds have been sent back to clients and the remainder await withdrawal requests. The Financial Markets Authority of New Zealand has worked closely with GBL since the incident to ensure client funds were being safely returned"

Seems similar to me.
  • #3,179
  • Jan 28, 2015 10:45am Jan 28, 2015 10:45am
Quoting mitch77
{quote} "As of today, 27 Jan 2015, 96% of client funds have been sent back to clients and the remainder await withdrawal requests. The Financial Markets Authority of New Zealand has worked closely with GBL since the incident to ensure client funds were being safely returned" Seems similar to me.
Is similar. For the New Zealand Company was also placed under supervision. Insolvent. Accounts for more than 40,000. So what New Zealanders do differently? Working?
  • #3,180
  • Jan 28, 2015 10:49am Jan 28, 2015 10:49am
Quoting euclid
{quote} That link is about Excel Markets and it says the company is continuing to operate. That is nothing like the situation with Alpari.
Alpari is insolvent.
Excel markets are insolvent.
The only difference is the regulatory authority in New Zealand ensured clients got their funds back as a priority.
The FCA is happy for us to still be waiting.
Anything else?
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