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Alpari.co.uk Discussion

  • #4,421
  • Feb 24, 2015 2:03pm Feb 24, 2015 2:03pm
Someone can tell me if even deposit made by ewallet like Skrill are protected??? Thanks.
myfxbook: neoxis
  • #4,422
  • Feb 24, 2015 2:06pm Feb 24, 2015 2:06pm
Quoting neoxis
Someone can tell me if even deposit made by ewallet like Skrill are protected??? Thanks.
I deposit and withdrawal with paypal. Its Ok.
  • #4,423
  • Feb 24, 2015 2:08pm Feb 24, 2015 2:08pm
[quote=nAVIN2007;8093429]
Quoting shail31
{quote} I didnt realise i had to send supporting evidence..so i didnt send it They know everything if they want it i will send it..one way or the other they need to correspond with me.. but in answer to yur question:- no i didnt bro i think it will be confusing..lol
yeah I agree it will be confusing,just that

4. Supporting documents must be attached unless copies have previously been forwarded to the Joint Special Administrators

Guess I wont send it .
  • #4,424
  • Feb 24, 2015 2:09pm Feb 24, 2015 2:09pm
Quoting Tim_isoara
{quote} I deposit and withdrawal with paypal. Its Ok.
There wasn't paypal in alpari uk.

I wanna know if with skrill you were protected like segregated funds.
myfxbook: neoxis
  • #4,425
  • Feb 24, 2015 2:12pm Feb 24, 2015 2:12pm
Quoting neoxis
{quote} There wasn't paypal in alpari uk. I wanna know if with skrill you were protected like segregated funds.
Sorry.I thought you asked in general.
Yes.no matter how you deposit.
  • #4,426
  • Feb 24, 2015 2:14pm Feb 24, 2015 2:14pm
And what about FSCS we can take money from both ??? KPMG and FSCS or we must to chose one claim?

They can say or you accept our statement or you go to claim with FSCS but cannot both, they can do it?
myfxbook: neoxis
  • #4,427
  • Feb 24, 2015 2:23pm Feb 24, 2015 2:23pm
"Once we have issued final statements to Clients, those identified as owing money to the Company
will be contacted for settlement and payment details."

Just a heads up for people with negative balance....
  • #4,428
  • Feb 24, 2015 2:26pm Feb 24, 2015 2:26pm
Quoting TheBody
"Once we have issued final statements to Clients, those identified as owing money to the Company will be contacted for settlement and payment details." Just a heads up for people with negative balance....
i dont think there any1 in here that owes massive amounts of money..i like to know if there was what kind of numbers
  • #4,429
  • Feb 24, 2015 2:36pm Feb 24, 2015 2:36pm
Quoting neoxis
And what about FSCS we can take money from both ??? KPMG and FSCS or we must to chose one claim? They can say or you accept our statement or you go to claim with FSCS but cannot both, they can do it?
If you close a deal. That's it.
  • #4,430
  • Feb 24, 2015 2:39pm Feb 24, 2015 2:39pm
From page 38....

Bad Debt Provision(Professional & Retal clients):
Value : £24mil
Realise: £7.2mil

If i am not reading it completly wrong, there is a negative balance of over £24mil at which they expect to recover £7.2 mil.
  • #4,431
  • Feb 24, 2015 2:41pm Feb 24, 2015 2:41pm
Quoting TheBody
From page 38.... Bad Debt Provision(Professional & Retal clients): Value : 24mil Realise: 7.2mil If i am not reading it completly wrong, there is a negative balance of over 24mil at which they expect to recover 7.2 mil.
So probably we gonna take around 80% of ours money back?
myfxbook: neoxis
  • #4,432
  • Feb 24, 2015 2:44pm Feb 24, 2015 2:44pm
Hi guys,
what do you think about this, please.

A half hour before the official Alpari.co.uk website was closed, I managed to transfer money from sub-accounts to one big (and made a withdrawal procces). But the question is, should I be considered as the one who had an open trades THE time or not?

... Probably there should be some signs in their databases that something 'was going on there on my acc', so will they clearly identify me as non-tading client?

Thanks in advance.
  • #4,433
  • Feb 24, 2015 2:48pm Feb 24, 2015 2:48pm
Quoting TheBody
From page 38.... Bad Debt Provision(Professional & Retal clients): Value : 24mil Realise: 7.2mil If i am not reading it completly wrong, there is a negative balance of over 24mil at which they expect to recover 7.2 mil.
My understanding is that the total hole is £24mil and they have already managed to recover 7.2mil from the sale of intellectual property to Alpari Russia + deposit of over £1million they have on their leased office
  • #4,434
  • Feb 24, 2015 2:51pm Feb 24, 2015 2:51pm
So the hole should be around 17 £ m after recover?
myfxbook: neoxis
  • #4,435
  • Feb 24, 2015 2:53pm Feb 24, 2015 2:53pm
The negative balances will not affect the current segregated pool.
Individuals with negative balances will owe "The Company" money, and thus will be required to repay it.

The segrageted pool is intact, only the KPMG fees will be paid from this pool, and it is unsure that 100% of the KPMG fees will be paid by the segregated client pool is how i understood it.

I think this is something they will vote on. Worst case scenario clients will get more than 90% of the money back.
Best case scenario the clients will get more than 95% of the segregated pool back.
  • #4,436
  • Feb 24, 2015 2:55pm Feb 24, 2015 2:55pm
Quoting TheBody
The negative balances will not affect the current segregated pool. Individuals with negative balances will owe "The Company" money, and thus will be required to repay it. The segrageted pool is intact, only the KPMG fees will be paid from this pool, and it is unsure that 100% of the KPMG fees will be paid by the segregated client pool is how i understood it. I think this is something they will vote on. Worst case scenario clients will get more than 90% of the money back. Best case scenario the clients will get more than 95% of the segregated pool...
I hope my friend i really hope it!
myfxbook: neoxis
  • #4,437
  • Feb 24, 2015 2:55pm Feb 24, 2015 2:55pm
Quoting neoxis
{quote} So probably we gonna take around 80% of ours money back?
97-100%
If vote will be, that fee of KPMG not be payd by clients money. 100% of ours money back.
  • #4,438
  • Feb 24, 2015 2:58pm Feb 24, 2015 2:58pm
Quoting Tim_isoara
{quote} 97-100%
I think 100% is impossible...around 95% likely possible. I think we will pay at least 4-5 mln $ of expenses from ours money.
myfxbook: neoxis
  • #4,439
  • Feb 24, 2015 3:01pm Feb 24, 2015 3:01pm
Quoting papamax
{quote} My understanding is that the total hole is 24mil and they have already managed to recover 7.2mil from the sale of intellectual property to Alpari Russia + deposit of over 1million they have on their leased office
They will not use sale of intellectual property etc to reduce client debt. They expect clients to repay their debts.
  • #4,440
  • Feb 24, 2015 3:03pm Feb 24, 2015 3:03pm
Quoting neoxis
{quote} I think 100% is impossible...around 95% likely possible. I think we will pay at least 4-5 mln $ of expenses from ours money.
Depends on vote. 100% is possible.
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