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  • #4,001
  • Feb 10, 2015 1:46am Feb 10, 2015 1:46am
It seems there's no links today
Next step on 20th February
Keep silent until that date or tell us valuable things
  • #4,002
  • Feb 10, 2015 1:55am Feb 10, 2015 1:55am
Quoting WayToGo
It seems there's no links today Next step on 20th February Keep silent until that date or tell us valuable things


most valuable thing is " time" we r losing time
  • #4,003
  • Feb 10, 2015 2:29am Feb 10, 2015 2:29am
Quoting Innate
{quote} Hi nAVIN, I am saying that you will not be able to claim negative balances. Refer to Alpari Customer Agreement Limit of Liability 16.3. The Company will not be liable for any loss or expense incurred by the Customer in connection with, or directly or indirectly arising from: (a) any error or failure in the operation of the Trading Platform or any delay caused by the Client Terminal; (b) Transactions made via the Client Terminal or by telephone; (c) any failure by the Company to perform any of its obligations under the Operative Agreements...
thank u for the reply..wish u the best!!
  • #4,004
  • Feb 10, 2015 2:55am Feb 10, 2015 2:55am
Quoting Innate
{quote} missluna, I am addressing you as you say you represent a number of customers but please everyone listen. Your comments are fantasy. If you ignore the advice I previously provided, then you are misspending other peoples good money and I dont want to see that happen. There is no need to do that after we have all suffered through this process. If you do go and waste their money on legal fees then it will be on your conscience. If you are a 'leader' representing others then pull your head in and stop behaving like a child. You are just one small...
can you please tone down your offensive language and stop making false claims about me. I'm not representing anyone, i dont want money from anyone and i didnt ask for your abusive language either so yeah its sad that people like you make others that want to get us help feel uncomfortable. You claim to be the expert however if you would be you would know that the initial consultation is completly free. Thanks for sparing me your "advise" in the future, surprisingly you think that all whats in a contract is legal, but you can be sure thats not the case. There might be clauses in there that would not hold in court and i will get advise on that. Internet advise is just abit too unreliable in such important matters.
  • #4,005
  • Feb 10, 2015 3:16am Feb 10, 2015 3:16am
Quoting missluna1982
{quote} can you please tone down your offensive language and stop making false claims about me. I'm not representing anyone, i dont want money from anyone and i didnt ask for your abusive language either so yeah its sad that people like you make others that want to get us help feel uncomfortable. You claim to be the expert however if you would be you would know that the initial consultation is completly free. Thanks for sparing me your "advise" in the future, surprisingly you think that all whats in a contract is legal, but you can be sure thats...
take it easy guyz
no need to be that much offensive
  • #4,006
  • Feb 10, 2015 3:22am Feb 10, 2015 3:22am
Quoting missluna1982
i also would like to add. what money is in those seggregated accounts, our deposited money or our current account balance? i did already withdraw more than what i paid in so in effect just traded with my profits. which might mean there is nothing to pay me back or is there? what do you guys think?
OMG
Equity, from balance.
  • #4,007
  • Feb 10, 2015 3:25am Feb 10, 2015 3:25am
Quoting nAVIN2007
{quote} it will be interesting to give u an idea last year i placed around 59 trades multiple positions on 1 currency (cable) all closed at a profit..at start of this year i think i had around 28 position buying cable..and these people decided to close them ..i lose 3.6k my win rate is above 90% (assuming they didnt close my positions) ..my account must be one of the easy ones..lets see what these people decide i get..it will be interesting
It's easy.Equity.
  • #4,008
  • Feb 10, 2015 3:36am Feb 10, 2015 3:36am
Quoting claudia1
{quote} I think you may find they calculate their fee first. Nobody asked how much the Russian paid. Any guesses who will buy the client bank for next to nothing?? Only two winners here KPMG and the Russians.
Why russians will be the winners?
  • #4,009
  • Feb 10, 2015 5:10am Feb 10, 2015 5:10am
Alpari UK insolvency update – LeapRate Exclusive conversation with KPMG
By LeapRate Staff on Tuesday, 02.10.15
Alpari UK Special Administrator Samantha Bewick of KPMG speaks exclusively with LeapRate as to what work is being done behind the scenes.
http://leaprate.com/wp-content/uploa...on-200x146.png
LeapRate Exclusive… In response to the many comments on LeapRate article, as well as emails and calls we’ve received from (former) clients of Alpari UK, LeapRate has put together a formal petition on behalf of Alpari UK clients, who want their money refunded by the Special Administrator KPMG as soon as possible.
The feeling among many Alpari UK clients, it seems, is that the administrators are not necessarily working to refund client money as soon as is practicably possible, instead focusing on trying to sell the company and/or some of its key assets. Worthy goals as well, but not necessarily putting first the interests of clients whose money remains stuck in administration.
The petition now has more than 240 names on it, and was presented directly to the KPMG Administrators Samantha Bewick, Richard Heis, and Mark Firmin, as well as to the FCA.
We received a call back very soon after from Samantha Bewick, who made it very clear that:

  1. the administrators are indeed working as fast as possible to sort out all client balance amounts, noting that with 100,000+ clients the process will take some time before money can actually be refunded to clients
  2. the work that the KPMG team is doing to try to salvage certain assets (intellectual property, licenses, client lists, IT, etc.) is not being done at the expense of client interests, nor is it delaying in any way their work to sort out final client balances.

Essentially, the message the Administrators conveyed to us was that they understand the position Alpari UK clients are in, and that they are working as fast and as diligently as possible to be able to effect a refund to clients as soon as possible within the next few weeks. But clients simply need to have some patience, given the large number of clients involved.
We’ll continue to monitor the situation as it develops.









http://leaprate.com/2015/02/alpari-u...ion-with-kpmg/

  • #4,010
  • Feb 10, 2015 5:22am Feb 10, 2015 5:22am
thanks kgp..yes we should to wait already. No more TRIP IN OURS MINDs.
myfxbook: neoxis
  • #4,011
  • Feb 10, 2015 5:52am Feb 10, 2015 5:52am
This is important to keep in mind and REMEMBER in a near future, in a KPMG fee's context. Fees must be kept at very little minimum, if not none.

Since KPMG's major concern is other then return the money segregated funds that already could have been returned, in the event of KPMG charging fees from us, there is a CLEAR CONFLICT OF INTEREST the should prevent them to charge any fee ("in thesis").


Quoting KGP
... KPMG Administrators Samantha Bewick, Richard Heis, and Mark Firmin, as well as to the FCA. We received a call back very soon after from Samantha Bewick, who made it very clear that: the administrators are indeed working as fast as possible to sort out all client balance amounts, noting that with 100,000+ clients the process will take some time before money can actually be refunded to clients the work that the KPMG team is doing to try to salvage certain assets (intellectual property, licenses, client lists, IT, etc.) is not being done at the...
  • #4,012
  • Feb 10, 2015 5:53am Feb 10, 2015 5:53am
Quoting tonirai
{quote} Exactly. I've been through an insolvency process years ago, as a worker for a big semiconductor company that had 2000 workers and went down in the 2008 crisis... and I know how long it took to go through all the steps and sort everything out for employees, creditors, customers, etc. I was one of the 10% lucky ones who didn't lose their job... I lost some in cutout paychecks. That's why I haven't been posting here, or signing anything... there's too much rambling around, while everything looks to me as being done by the books. They sent me...
That post made more sense to me then the... i dunno 50 pages of this thread combined since Alpari went insolvent. This it kind of information this thread should be used for. Thanks. Rest well asured you did something that matters to someone you dont know today.
My signature is: "Classified".
  • #4,013
  • Feb 10, 2015 6:19am Feb 10, 2015 6:19am
Tonirai you wanna know why 90% of trades lose money? is easy..leverage! 90% or more of traders use more than 1:10 leverage. I use 1:1 always and i had no problems never..until now indirectly..cause i'm ok with my balance..just losing time for this drama hoping end soon.
But it's kind 4-5 years i trade with real money..never had problems..never had serious losses.
So leverage it's the deamon. Remember that. If you use that just for take margin it's ok. But never open lots more than what you have in your account..you should expect the worst always. And anyway yeah i'm part of that 10% or less than live with forex trading.
myfxbook: neoxis
  • #4,014
  • Feb 10, 2015 6:22am Feb 10, 2015 6:22am
I always through these type of players never loose. But I guess I was wrong all the way.
I had a micro account with them that went -1,13 weeks before the CHF debacle, I was planning on adding more money but then this happened.
"The Public Sucks" - George Carlin
  • #4,015
  • Feb 10, 2015 6:28am Feb 10, 2015 6:28am
Quoting widyantoro
finally, damn.... alpari didn't pay negatif balance / floating position minus or poitive, they paid only cash balance.. what the hell poor u alpari!

u are confusing me!!
can someone plz set me straight..my account balance was 20k lets keep it simple i had floating position in the market which i held for around 2 months which -3.6k..alpari termineted the positions and my account took a beating for 3.6k

will i get 20k or 16,400k?
someone please clear this up..
  • #4,016
  • Feb 10, 2015 6:30am Feb 10, 2015 6:30am
Quoting missluna1982
{quote} can you please tone down your offensive language and stop making false claims about me. I'm not representing anyone, i dont want money from anyone and i didnt ask for your abusive language either so yeah its sad that people like you make others that want to get us help feel uncomfortable. You claim to be the expert however if you would be you would know that the initial consultation is completly free. Thanks for sparing me your "advise" in the future, surprisingly you think that all whats in a contract is legal, but you can be sure thats...

Thanks for getting legal advice for us for free.Much appreciated.
  • #4,017
  • Feb 10, 2015 6:31am Feb 10, 2015 6:31am
Quoting neoxis
Tonirai you wanna know why 90% of trades lose money? is easy..leverage! 90% or more of traders use more than 1:10 leverage. I use 1:1 always and i had no problems never..until now indirectly..cause i'm ok with my balance..just losing time for this drama hoping end soon. But it's kind 4-5 years i trade with real money..never had problems..never had serious losses. So leverage it's the deamon. Remember that. If you use that just for take margin it's ok. But never open lots more than what you have in your account..you should expect the worst always....
i kinda agree with this..
  • #4,018
  • Feb 10, 2015 6:31am Feb 10, 2015 6:31am
Quoting nAVIN2007
{quote} u are confusing me!! can someone plz set me straight..my account balance was 20k lets keep it simple i had floating position in the market which i held for around 2 months which -3.6k..alpari termineted the positions and my account took a beating for 3.6k will i get 20k or 16,400k? someone please clear this up..
According to what KPMG has said so far you will get 16,400... Floating positions that are closed are closed! IF they were UP it is a win, if they were down it is a loss...
  • #4,019
  • Feb 10, 2015 6:32am Feb 10, 2015 6:32am
Quoting papamax
{quote} According to what KPMG has said so far you will get 16,400... Floating positions that are closed are closed! IF they were UP it is a win, if they were down it is a loss...
thank u
not happy about it but i guess it could have been worse

it make sense..otherwise i suppose the company would still be operational
i can be so stupid at times
  • #4,020
  • Feb 10, 2015 6:37am Feb 10, 2015 6:37am
Quoting Tim_isoara
{quote} Why russians will be the winners?
Alpari is essentially Russian and they have announced global expansion plans and have started buying back bits of Alpari UK. Not doing that for fun.
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