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Alpari.co.uk Discussion

  • #3,541
  • Feb 2, 2015 1:06am Feb 2, 2015 1:06am
Quoting wookey
{quote} ​leokatz, can you tell us why did you go to Alpari in the first place? Did you not know that it was run by Russians? Interesting to check what options did you have and what was your finals reason to go to Alpari. Bankruptcy is a lengthy process and the very first step is establishing the current situation. How much the company owes and how much it is owed. The law requests the administrator not to trust the company books, but to collect all claims and identity all debtors independently. All people who are saying they just have to use...
hmm, I certainly knew that one of the owners of Alpari is a Russian. So Alpari UK is about 30% Russian. The other shareholders are not Russians. So what? Are all British and Americans and Europeans honest people? And when I said that I switch to unregulated brokers? I have a total trading accounts in Cyprus, New Zealand and Australia. All regulated brokers. Leverage usually 400 to 500. It suits me best to work with high Leverage. Everyone is different. I trade intraday, and because a high Leverage is better. But who invested in the medium or long term, for a lower Leverage is better. And for me is not a broker in question, which is a market maker. Just who wants to keep open trades longer than a week, the Market Makers are interesting.
  • #3,542
  • Feb 2, 2015 1:16am Feb 2, 2015 1:16am
Quoting msu1
{quote} hi there what the full name of the broker IB and TS, because iam searching and testing some broker
InteractiveBrokers and TradeStation
So, you think you have rights? LOL
  • #3,543
  • Feb 2, 2015 2:45am Feb 2, 2015 2:45am
Quoting dambuster
{quote} Thanks for the info, could you post the email address that it came from? (so we can avoid the possibilty of the thing landing in spam and getting overseen, thanks)
[email protected] and [email protected]
  • #3,544
  • Feb 2, 2015 2:45am Feb 2, 2015 2:45am
Quoting Jadgeha
here we go third week no F..... news
Yes, only rumors we have a lot
  • #3,545
  • Feb 2, 2015 2:46am Feb 2, 2015 2:46am
Quoting emanco
{quote} [email protected] and [email protected]
Thanks
  • #3,546
  • Feb 2, 2015 2:48am Feb 2, 2015 2:48am
Quoting ForexOracle
{quote} InteractiveBrokers and TradeStation
thanks
  • #3,547
  • Feb 2, 2015 2:55am Feb 2, 2015 2:55am
I am just wondering why they will develop new portal website for claims, and not using myalpari website, maybe I am stupid!!
  • #3,548
  • Feb 2, 2015 3:00am Feb 2, 2015 3:00am
Quoting WayToGo
I am just wondering why they will develop new portal website for claims, and not using myalpari website, maybe I am stupid!!
KPMG has seen your logo and now KPMG operates accordingly. 1 + 1 = 3, hahaha
  • #3,549
  • Feb 2, 2015 3:12am Feb 2, 2015 3:12am
Quoting wookey
{quote} Next time, everyone, select your broker not by nice promises on the home page, but by doing due diligence. Stay away from brokers offering 1:500 leverage, check how their risk management is working: if they investigate their clients, monitor trading activity, calculate exposure. Do not put all eggs in one basket. And, finally, please, do not let your income depend on forex profit and broker stability, it is not good for health.


Ok, thats a point wel taken! But how can we get information about the brokers risk management?
If we relay on an simple statement on a web page saying they have a well managed risk department bla bla bla , we are in the same place as before, promises promises and promises.

For what I know, we should have some kind of disclosure about the brokers net exposure, net positions and hedged positions... etc.
Without some kind of disclosure anything else is flying blind.

All of us ar looking for new brokers now. It would be nice know about any broker that disclosures to the clients. Right now I think it's better than been FCA regulated.

BTW, that information emanco gave about receiving an email with statement, I didn't receive any other then the generic response appointing KPMG. Does any one else received such email?
  • #3,550
  • Feb 2, 2015 3:23am Feb 2, 2015 3:23am
Quoting mazzara
{quote} regulated. BTW, that information emanco gave about receiving an email with statement, I didn't receive any other then the generic response appointing KPMG. Does any one else received such email?
Nothing received yet

However, I will give it the benefit of the doubt for a few days as with apparently 100000 customers it may take a little while to get all the emails out?
  • #3,551
  • Feb 2, 2015 3:25am Feb 2, 2015 3:25am
Quoting dambuster
{quote} Nothing received yet However, I will give it the benefit of the doubt for a few days as with apparently 100000 customers it may take a little while to get all the emails out?
i not received.
myfxbook: neoxis
  • #3,552
  • Feb 2, 2015 3:25am Feb 2, 2015 3:25am
Quoting mazzara
{quote} Ok, thats a point wel taken! But how can we get information about the brokers risk management? If we relay on an simple statement on a web page saying they have a well managed risk department bla bla bla , we are in the same place as before, promises promises and promises. For what I know, we should have some kind of disclosure about the brokers net exposure, net positions and hedged positions... etc. Without some kind of disclosure anything else is flying blind. All of us ar looking for new brokers now. It would be nice know about any broker...
i didnīt also. For retail clients, the most of us, is suposed to fill any claim?
regards
  • #3,553
  • Feb 2, 2015 3:29am Feb 2, 2015 3:29am
@ Wookey.
"If your account is less than Ģ50k you will get your money in full whatever happens"

If KPMG decide to take a percentage of our funds, are you saying the FCA will cover the deficit?
  • #3,554
  • Feb 2, 2015 3:45am Feb 2, 2015 3:45am
Quoting johnspike
Hello , Does anyone here are in same situation as me ? I had a spreadbetting account with Alpari uk . With a small EURCHF long position. It was closed on the break of floor at 1.1993 with very minimal loss to me. However I am worried KPMG will alter that trade and push me in to a deep negative balance .. I have taken statements and screen shots.. The text in the risk management site of alpari used to say the following, however now going to the home page... you could still see the google cached page .... http://webcache.googleusercontent.co...&ct=clnk&gl=uk...
I am on similar situation but my account was not a spreadbetting... And my worry is the same as yours! I also made sure to save all screenshots, statements and etc. Please contact me if you want to discuss this further.
  • #3,555
  • Feb 2, 2015 4:30am Feb 2, 2015 4:30am
Quoting mazzara
{quote} Ok, thats a point wel taken! But how can we get information about the brokers risk management? If we relay on an simple statement on a web page saying they have a well managed risk department bla bla bla , we are in the same place as before, promises promises and promises. For what I know, we should have some kind of disclosure about the brokers net exposure, net positions and hedged positions... etc. Without some kind of disclosure anything else is flying blind. All of us ar looking for new brokers now. It would be nice know about any broker...
I think differently. Not the broker must make risk management, but the trader. Not the broker is responsible for my trades, but I do. You're trying to deport their own responsibility to a stranger.
  • #3,556
  • Feb 2, 2015 4:33am Feb 2, 2015 4:33am
Quoting pauljred
@ Wookey. "If your account is less than Ģ50k you will get your money in full whatever happens" If KPMG decide to take a percentage of our funds, are you saying the FCA will cover the deficit?
it s not only about the money bro
it s about time
time is money plus we didn t hear any official announcment from both KPMG and the Alpari shit company
  • #3,557
  • Feb 2, 2015 4:33am Feb 2, 2015 4:33am
i have funds with alpari and i dont trust them to release this to us "fast"> i live in central London why dont we (clients with a positive balance) just get a lawyer as a group and put some serious pressure on them instead of being simply frustrated ...
  • #3,558
  • Feb 2, 2015 4:44am Feb 2, 2015 4:44am
https://www.insolvencydirect.bis.gov...Complaint.aspx

Hi guys , I just talked with insolvency complaint people,so i am going fill up this for which is attached above,the complaint dept. has to come back to you within 15 days if they are satisfied with your complaint and that they get in touch with Richard Heiss.
The company you're making complaint is not KPMG guys ,You are going to making complaint for RICHARD HEISS not KPMG, because Richard is the administrator .

Thanks
  • #3,559
  • Feb 2, 2015 4:55am Feb 2, 2015 4:55am
Quoting magicpips
https://www.insolvencydirect.bis.gov...Complaint.aspx Hi guys , I just talked with insolvency complaint people,so i am going fill up this for which is attached above,the complaint dept. has to come back to you within 15 days if they are satisfied with your complaint and that they get in touch with Richard Heiss. The company you're making complaint is not KPMG guys ,You are going to making complaint for RICHARD HEISS not KPMG, because Richard is the administrator . Thanks
thanks, but does everyone needs to fill the form? Or we wait for aa email, I'm a little bit confused
  • #3,560
  • Feb 2, 2015 5:14am Feb 2, 2015 5:14am
Quoting tugabulls
{quote} thanks, but does everyone needs to fill the form? Or we wait for aa email, I'm a little bit confused
it doesn t matter all bullshitttt and they are waisting our time
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