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Alpari.co.uk Discussion

  • #4,901
  • Mar 3, 2015 12:20pm Mar 3, 2015 12:20pm
Quoting Tim_isoara
{quote} 100% of funds if we not pay the fee. But we must vote for that.
Please tell me what you will vote for.

So i can vote for the opposite.

Greets,
How to opt out annoying user signatures ??
  • #4,902
  • Mar 3, 2015 12:28pm Mar 3, 2015 12:28pm
Quoting Toranaga
{quote} Please tell me what you will vote for. So i can vote for the opposite. Greets,
I vote to not pay the fee.
I vote to not have committee.
Good luck.
  • #4,903
  • Mar 3, 2015 12:34pm Mar 3, 2015 12:34pm
Quoting Tim_isoara
{quote} I vote to not pay the fee. I vote to not have committee. Good luck.
Btw. I prefer this song.

Inserted Video






Who cares about money and Alpari if you have been there once







Niko nezna sta to sija, he he he..
How to opt out annoying user signatures ??
  • #4,904
  • Mar 3, 2015 1:01pm Mar 3, 2015 1:01pm
Quoting Toranaga
{quote} Btw. I prefer this song. https://www.youtube.com/watch?v=QV6HrABMXak Who cares about money and Alpari if you have been there once Niko nezna sta to sija, he he he..
Money from Alpari will come back anyway.
Super pesma
  • #4,905
  • Mar 3, 2015 1:10pm Mar 3, 2015 1:10pm
Quoting Tim_isoara
{quote} Money from Alpari will come back anyway. Super pesma
That is the spirit !!!
Money comes , money goes and it will come back to all of us again , just be a litlle more patient, although it is very Hard to do that.
Belive me, if not Tim.

I belive,
You all should !!

...now I have to watch tv...dwayne johnson is on our chanal
BR 2 all, t.
Per aspera ad astra
  • #4,906
  • Mar 3, 2015 1:32pm Mar 3, 2015 1:32pm
I should to wait at the end of march...for enter in the portal...i hope at that time we will have more concrete info. Thanks to all for help us each other.
myfxbook: neoxis
  • #4,907
  • Mar 3, 2015 1:36pm Mar 3, 2015 1:36pm
hi

I am close to make my decision guys after all the hard work I have done today and I am 95% will be going with FSCS option as it looks like KPMG won't be able to make full payment after seeing some court paper works today from my legal advisors.For that reason FSCS is the only option for me.Also my legal advisor suggest that as my capital just below £50K ,claiming money from FSCS would be more smoother as FSCS would not have any questions to ask because I am below the threshold which is £50K.If I had money above that I should go with KPMG and assign with FSCS on a later stage.Hope it makes sense what I am saying.Please don't ask me to share the court paper because I might be in trouble.Anyway, I need to talk with FSCS tomorrow again as well as FCA and will making my decision.
Guys do not forget you have make the decision before 12th of March.
Thanks
  • #4,908
  • Mar 3, 2015 1:40pm Mar 3, 2015 1:40pm
Quoting magicpips
hi I am close to make my decision guys after all the hard work I have done today and I am 95% will be going with FSCS option as it looks like KPMG won't be able to make full payment after seeing some court paper works today from my legal advisors.For that reason FSCS is the only option for me.Also my legal advisor suggest that as my capital just below 50K ,claiming money from FSCS would be more smoother as FSCS would not have any questions to ask because I am below the threshold which is 50K.If I had money above that I should go with KPMG and assign...

Also ,please make your own research and make your own decision , I do not want influence anyone here.
Best of luck
  • #4,909
  • Mar 3, 2015 2:13pm Mar 3, 2015 2:13pm
Guys can you help me clarify this? I had open positions on Jan 15th so I don't expect to get that Portal email anytime soon. In the meantime should I fill in the 'Client Proxy Form' (if I decide not to go to the meeting next week) and 'Statement of Claim Form' and post it off?
  • #4,910
  • Mar 3, 2015 3:11pm Mar 3, 2015 3:11pm
The only thing that makes me suspicious is:

If the assumption is true that over FSCS no KPMG fee is applied, why in the world would a private company lead us to go that way in the claim portal?!?
  • #4,911
  • Mar 3, 2015 3:27pm Mar 3, 2015 3:27pm
Quoting xMeruem
Guys can you help me clarify this? I had open positions on Jan 15th so I don't expect to get that Portal email anytime soon. In the meantime should I fill in the 'Client Proxy Form' (if I decide not to go to the meeting next week) and 'Statement of Claim Form' and post it off?
It's up to you. I did along with the proxy form just to be sure and my votes were all positive except for the committee and payment from clients balances. If you're not interested in voting you can just wait to get access to the portal. It's not mandatory.
  • #4,912
  • Mar 3, 2015 3:50pm Mar 3, 2015 3:50pm
Quoting magicpips
hi I am close to make my decision guys after all the hard work I have done today and I am 95% will be going with FSCS option as it looks like KPMG won't be able to make full payment after seeing some court paper works today from my legal advisors.For that reason FSCS is the only option for me.Also my legal advisor suggest that as my capital just below 50K ,claiming money from FSCS would be more smoother as FSCS would not have any questions to ask because I am below the threshold which is 50K.If I had money above that I should go with KPMG and assign...
No one is obliged to take a decision before 12 march...that is only for make a vote! not for claim! is totally different. Don't give wrong info! thanks.

Even cause i will receive the email for enter in the portal at the end of march...so no one is obliged to do it before of the meeting the deadline is still not clear for make a claim. We can wait till we will have more info.
myfxbook: neoxis
  • #4,913
  • Mar 3, 2015 5:00pm Mar 3, 2015 5:00pm
Hello, Im Bruno from Peru. For those who have not made a trade after January 15th, we have a deadline to choose kpmg or fscs right? and i thing is march 11th.
wel for the people who doesnt want to pay a fee, lets say if kpmg charge you 10% and gives you back your money in 2 months, isnt be better to take this? because you can profit more than 10% in one month right?, so i think its better to have the money as soon as possible to trade and profit right.?
Im a Crocodile, Im a Sniper. Patience is everything.
  • #4,914
  • Mar 3, 2015 10:07pm Mar 3, 2015 10:07pm
Quoting Asifmanu
Till now i didn't receive any email from KPMG . All of you received or not..?
I have received 2 emails previously, but still haven't got the one that actually provides link/login to the portal, despite me not having any open position...
  • #4,915
  • Mar 4, 2015 1:26am Mar 4, 2015 1:26am
I have just agreed my funds on the portal and was then presented with this question: "Do you intend to make a claim for compensation from the FSCS and assign your claims to the FSCS?".

I felt I could not answer the question without the full information concerning the percentage payment I could expect from KPMG. I don't know how anyone can. I also feel that one is being 'railroaded' into their option without regard to full disclosure.
I sent them the following e-mail:


Dear Sirs,

I have entered the claims site and find that I am unable to proceed further than the following question: "Do you intend to make a claim for compensation from the FSCS and assign your claims to the FSCS?".

There are rumours that your administration of the Alapri situation, demise, will result in costs to me of up to 40% of my funds. When I first contacted Alpari U.K. and subsequently opened an account with them, I was assured that all client funds were held in segregated accounts. It was made clear to me that should Alpari U.K. become insolvent and / or enter bankruptcy, I would receive my full balance. This of course was dependent upon me not having any open trades at that time. I did not have any open trades at that time and therefore expect the return of all funds as per the contractual agreement.

As to the question posted on the portal, it should not be responded to without full transparency in respect to the percentage the Administrators expect to refund me from my account.

Further to this, it has been mentioned in correspondence that the Administrators would like to sell the 'client list'. I have not given my permission for this and goes against the privacy agreements also entered into with Alpari U.K. at the time of me becoming a client of theirs.

I look forward to an early response to the conundrum of the "question' mentioned earlier in this mail.

Yours faithfully,
One against the many.
  • #4,916
  • Mar 4, 2015 3:03am Mar 4, 2015 3:03am
To anyone with account currency EUR.

I have no access to the claims portal yet.

I looked at the "Retail Client statement of claim form" and noticed they didn't give an EUR/USD rate to convert our claim into USD.

Instead they put it this way USD 1, EUR 0.861.

Do they intend to fool us? Or is it just their way of making things more complicated?

So how did you calculate your claim?

By doing some math or by using historic close or other price from 19-01-15?
  • #4,917
  • Edited 3:50am Mar 4, 2015 3:08am | Edited 3:50am
From KPMG I read the following:

"Q. My funds were held in a segregated account, why cant they just be returned?

Segregated accounts are held together with all of the firms client money in omnibus accounts designated as client monies at banks or exchanges/clearing houses. Pursuant to the FCAs Client Asset rules, on insolvency all these designated accounts are pooled and any segregated client is entitled to a share in the pool on a pro-rata basis. Until the overall total of claims against the segregated pool is established, money cannot be returned to individual clients having a claim against the segregated pool. "

I think this is the reason why KPMG says it will be quicker if we claim to FSCS. I think it may be impossible all the claims made in a short time. Because probably there are some clients who only left a few money in their accounts and had not traded via Alpari UK for a long time. These clients' accounts seems to be "dead" even if they indeed exist. And maybe some of them have changed their contact info and it is very hard to contact them and tell them to make the claims.

Under these circumstances I think these rules seems not fair enough for active clients on Alpari UK.
  • #4,918
  • Mar 4, 2015 3:38am Mar 4, 2015 3:38am
Hi Guys,

Can you link me the post of a member suggested how we could vote, pls.

Cant find it. I want to see how other ppl think about this.

Thx.
  • #4,919
  • Mar 4, 2015 3:40am Mar 4, 2015 3:40am
Quoting forexTN14
Hi Guys, Can you link me the post of a member suggested how we could vote, pls. Cant find it. I want to see how other ppl think about this. Thx.
see page 228 post 4560 from papamax
Per aspera ad astra
  • #4,920
  • Mar 4, 2015 3:42am Mar 4, 2015 3:42am
Quoting Mystique
To anyone with account currency EUR. I have no access to the claims portal yet. I looked at the "Retail Client statement of claim form" and noticed they didn't give an EUR/USD rate to convert our claim into USD. Instead they put it this way USD 1, EUR 0.861. Do they intend to fool us? Or is it just their way of making things more complicated? So how did you calculate your claim? By doing some math or by using historic close or other price from 19-01-15?
see page 228 post 4549 from muckele1
Per aspera ad astra
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