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Alpari.co.uk Discussion

  • #5,541
  • Mar 29, 2015 5:46am Mar 29, 2015 5:46am
Quoting Cobra
{quote} Yes I would because ETX is UK regulated ( My funds will be safe) I also would have access to my profits , depending on the conditions of the deal. Market Makers are not that bad after all ( As we all have seen by now) Alpari = ECN and went bankrupt. Most bucket shops especially the better ones ( Oanda, FxPro, FXCM) have survived the Chf incident. It would give me the opportunity to start trading and building my acc immediately without having to have my capital stuck somewhere where it cannot work for me. G
ok but for who just want withdraw funds?
myfxbook: neoxis
  • #5,542
  • Mar 29, 2015 5:48am Mar 29, 2015 5:48am
Quoting nAVIN2007
{quote}
You are just an idiot. You are totally uninformed.
myfxbook: neoxis
  • #5,543
  • Mar 29, 2015 5:49am Mar 29, 2015 5:49am
Quoting neoxis
{quote} You are just an idiot. You are totally uninformed.
how am i an idiot? ..

Quoting neoxis
ETX Capital is excited to welcome former clients of Alpari (UK). We look forward to working with both you and the joint special administrators in the weeks ahead to transfer your funds to your control. I don't think etx capital will wait so much...cause they has spent money guys for have this list...so kpmg cannot take a lot of time for sure for make this transfer. Only my question now is to know i will receive 100% if i go with etx??? or should wait dividends from kpmg and than transfered to etx? if is like the second i will stay with fscs.
u ask such questions and call yourself informed
are u this dumb to ask such a question
  • #5,544
  • Mar 29, 2015 6:16am Mar 29, 2015 6:16am
Quoting nAVIN2007
{quote} how am i an idiot? .. {quote} u ask such questions and call yourself informed are u this dumb to ask such a question
Is a legitimate question and anyway i'm glad than you are still smiling with a huge loss that you had seems weird. you are the worriest pessimist person in here so i just want suggest you to change job for your own wellness .
myfxbook: neoxis
  • #5,545
  • Mar 29, 2015 6:58am Mar 29, 2015 6:58am
Quoting neoxis
{quote} Is a legitimate question and anyway i'm glad than you are still smiling with a huge loss that you had seems weird. you are the worriest pessimist person in here so i just want suggest you to change job for your own wellness .
lol u got jokes
I am not concerned..my life has moved on..main thing in life is we move move forward and learn lessons (i learnt a big one)..its happened and the reality is real..
u my friend ask questions which show yur age and suggest fear and too much nervous energy..I wish u good fortune and a blessed life, i am serious

dont worry u will get yur money..stop attacking every1 who has a different view to u ..it should not effect u in the slightest
  • #5,546
  • Mar 29, 2015 7:15am Mar 29, 2015 7:15am
Quoting claudia1
{quote} Not a pessimist a realist.
Definition of a pessimist: an optimist with experience
  • #5,547
  • Mar 29, 2015 7:17am Mar 29, 2015 7:17am
Quoting nAVIN2007
{quote} lol u got jokes I am not concerned..my life has moved on..main thing in life is we move move forward and learn lessons (i learnt a big one)..its happened and the reality is real.. u my friend ask questions which show yur age and suggest fear and too much nervous energy..I wish u good fortune and a blessed life, i am serious dont worry u will get yur money..stop attacking every1 who has a different view to u ..it should not effect u in the slightest
thanks fellow You are right. But i just would like whether in here there isn't such worried atmosphere. For the rest i'm in peace with everyone.
myfxbook: neoxis
  • #5,548
  • Mar 29, 2015 7:22am Mar 29, 2015 7:22am
Quoting neoxis
{quote} thanks fellow You are right. But i just would like whether in here there isn't such worried atmosphere. For the rest i'm in peace with everyone.
  • #5,549
  • Mar 29, 2015 7:30am Mar 29, 2015 7:30am
Quoting honestknave
{quote} Definition of a pessimist: an optimist with experience
lol you are not wrong!
  • #5,550
  • Mar 29, 2015 7:33am Mar 29, 2015 7:33am
Quoting nAVIN2007
{quote}
naV just put him on ignore.
  • #5,551
  • Mar 29, 2015 10:21am Mar 29, 2015 10:21am
Quoting nAVIN2007
I am sure u must have heard a advert on radio saying if a bank went down so long as it was below 75-85k in most case u would have yur money back usually within a week because of fscs (or whatever) protection..which is bullshit isnt it!!

No, it is not bullshit! The protection over deposit is totally different than the protection we had here as investors. As a depositor of a bank you would indeed get you money very quickly.
  • #5,552
  • Mar 29, 2015 10:25am Mar 29, 2015 10:25am
Quoting nAVIN2007
{quote} it is quite obvious the whole process to give us back our money is delayed to simply keep us on the order books so we can be made money from..if a big institutional authority just as a court cannot give us back our money quick..how the hell do u expect a small firm in comparison to do it quick?
We don't know the deal they have with the FSCS... If your claim is agreed and the FSCS is responsible they could anticipate you the money knowing they will get it from the FSCS in a couple of months anyway. It is actually a very clever move to get people trading with them, if you lose your capital they will get it from FSCS and you gain more money good for you! They will make money with their spread or however else they make their money.
  • #5,553
  • Mar 29, 2015 10:55am Mar 29, 2015 10:55am
Quoting papamax
{quote} No, it is not bullshit! The protection over deposit is totally different than the protection we had here as investors. As a depositor of a bank you would indeed get you money very quickly.
thats for clearing that up
  • #5,554
  • Mar 29, 2015 11:29am Mar 29, 2015 11:29am
if you had a USD account with Alpari and chose KPMG for your claim, I assume you can open a USD account with ETX and the actual transfer by KPMG to ETX would require no currency exchange.

But if you had USD account with Alpari and then instead chose FSCS for your claim, how will that be handled? Would FSCS allow a straightforward USD Alpari to USD ETX transfer without any need to convert to GBP (FSCS currently pays out in GBP for claims)? Or would you be charged later (USD to GBP back to USD would amount to a few % of your account at normal bank rates).

KPMG to ETX - USD to USD = no exchange costs?
KPMG to FSCS to ETX = USD to ? to ? = ?
  • #5,555
  • Mar 29, 2015 11:33am Mar 29, 2015 11:33am
correction sorry

KPMG to ETX = USD to USD = no exchange costs?
  • #5,556
  • Mar 29, 2015 11:36am Mar 29, 2015 11:36am
Hey Guy's,

Alpari are now chasing the clients with negative equity in their account, I've seen a letter from ICC debt collection agency to a friend of mine, they want paying the balance or they will give a 20% discount for quick payment, then 15% discount if he takes the payment per month option.

So if you have a negative account, they are coming. I wonder if they will pay out they people who made on the CHF trades, I doubt it, they want it all ways, collect come negative, not pay the winners and have the clients go cap in hand for their money.

Asw
  • #5,557
  • Mar 29, 2015 12:05pm Mar 29, 2015 12:05pm
Quoting m1nich
if you had a USD account with Alpari and chose KPMG for your claim, I assume you can open a USD account with ETX and the actual transfer by KPMG to ETX would require no currency exchange. But if you had USD account with Alpari and then instead chose FSCS for your claim, how will that be handled? Would FSCS allow a straightforward USD Alpari to USD ETX transfer without any need to convert to GBP (FSCS currently pays out in GBP for claims)? Or would you be charged later (USD to GBP back to USD would amount to a few % of your account at normal bank...
no one has made an offer The ETX. So no one can say what the conditions are. But I'm assuming that it will be a good deal. They're not stupid. The ETX know that the traders active traders are to a large extent. Advertising is expensive. And new traders to win the trade permanently, is very expensive and the rate is low, I think.
  • #5,558
  • Mar 29, 2015 12:10pm Mar 29, 2015 12:10pm
Quoting Asw
Hey Guy's, Alpari are now chasing the clients with negative equity in their account, I've seen a letter from ICC debt collection agency to a friend of mine, they want paying the balance or they will give a 20% discount for quick payment, then 15% discount if he takes the payment per month option. So if you have a negative account, they are coming. I wonder if they will pay out they people who made on the CHF trades, I doubt it, they want it all ways, collect come negative, not pay the winners and have the clients go cap in hand for their money....
50% discount are realistic when it comes to a collection agency. And 50% for payment by installments. Debt collection agencies buy for about 20% of maximum. More like 10%. Therefore, 50% are possible with payment by installments. It is a matter of negotiation. 50% or raising your finger and says no, I am now in the for private insolvency.
  • #5,559
  • Mar 29, 2015 3:17pm Mar 29, 2015 3:17pm
Interesting post from another thread: http://www.forexfactory.com/showthre...56#post8171856
  • #5,560
  • Mar 29, 2015 3:32pm Mar 29, 2015 3:32pm
Quoting wellard
Interesting post from another thread: http://www.forexfactory.com/showthre...56#post8171856
wow, that is weird, who does he know that we all don't???
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