Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Alpari UK Insolvency Does Not Affect Other Alpari Companies 4 replies

Alpari US vs Alpari UK 20 replies

Alpari NZ vs Alpari UK 7 replies

Alpari Direct Pro vs Alpari MT4 Pro 4 replies

Alpari Russia, Alpari UK or MIG??? 5 replies

Attachments: Alpari.co.uk Discussion
Exit Attachments

Alpari.co.uk Discussion

Quote
I emailed ETX a couple of questions regarding their welcome bonus 4 days ago, but haven't received a reply yet.

Probably to busy sending unwanted mails to 'new' customers..
How to opt out annoying user signatures ??
Quoting FxTyran
So. I know where the hole in the funds of Alpari UK is from: http://www.dashin.ru/en/my-interests/lifestyle Mr. Dashin is having a lavish lifestyle, KPMG is billing tons of pounds to cover their fees, Dashin, the "business magnate" is creating and then will bankrupt yet another broker, FXTM, and all of that at the costs of his traders! Who, by the way, are stranded for what, 3 (!) months already, and risking to loose their money! Such an entrepreneurial talent. Much business foresight. Very wow. http://oi58.tinypic.com/2udug3k.jpg...
well, Dashin was a shareholder of Alpari.uk not the sole owner. He had a minority interest. that should not be forgotten. His lifestyle is his personal matter. And no, not at the expense of the trader. You overlook that he has lost the insolvency of Alpari.uk million dollars. A little more objectivity would be good.
Quoting Mystique
Dear fellow traders, has any of you decided to take ETX up on their Welcome Bonus? I emailed ETX a couple of questions regarding their welcome bonus 4 days ago, but haven't received a reply yet. Perhaps anyone of you has clarity about the exact bonus terms and could answer the following questions: 1. Is the welcome bonus only eligible for new deposits, or would it also be claimable for money transferred from Alpari UK accounts, if trader decides to transfer to ETX? 2. How does the bonus redemption work exactly? a) How exactly would i trade 300%...
The word welcome bonus is self-explanatory. For the first deposit. Does not matter where the money comes from. Whether it comes from your bank account or by FSCS does not matter.
but is simple mathematics. 6000 bonus, 300% = 18000. So much money you have to invest in real terms within 90 days. Lot 1 is 100000. So When leverage 100 you invest 1000 per Lot. So you have to trade Lot 18 minimum.
complete trades. An open trade is not complete. Opening and closing a trade.
Effective as of the date on which you applied for the bonus and he is hereby approved.
Anybody knows about ETX or trading with them? Shall we consider move over?
Who can recommend good broker (no market marker)? How about ActivTrades?
Quoting Baringa
Anybody knows about ETX or trading with them? Shall we consider move over? Who can recommend good broker (no market marker)? How about ActivTrades?
Activtrades is a market maker. Who ECN broker looking for:

http://www.forexbrokerguide.com/

Good Broker I seek now only in Australia and New Zealand. Although my money is also safe in the UK. But that the securing does not work by the FSCS, which is not to be overlooked. Good brokers are Real ECN (New Zealand) and Pepper Stone (Australia). In addition, the total per trading account in New Zealand is higher. Maximum 200000 NZD be guaranteed. The processing of an insolvent broker? Within 2 or three weeks, the customers had their money than in January had to declare a broker insolvency. FSCS? Britain can not do this in more than three months, hahaha.
Quoting muckele1
{quote} well, Dashin was a shareholder of Alpari.uk not the sole owner. He had a minority interest. that should not be forgotten. His lifestyle is his personal matter. And no, not at the expense of the trader. You overlook that he has lost the insolvency of Alpari.uk million dollars. A little more objectivity would be good.
This is wrong Alpari UK was wholly owned by the Cypress based company.

http://companycheck.co.uk/company/05...roup-structure
Quoting claudia1
{quote} This is wrong Alpari UK was wholly owned by the Cypress based company. http://companycheck.co.uk/company/05...roup-structure
not well researched.

http://www.financemagnates.com/forex...ajority-owner/

when someone refers to his partner, he can not be the sole owner. And more than one partner. He speaks of plurality. Logical, right?
Quoting muckele1
{quote} not well researched. http://www.financemagnates.com/forex...ajority-owner/
He was the majority share holder in the parent company in Cypress. Bad research ? Go to companies house site. I don't care and don't matter anyway. Hope you get money back soon.

My only interest is I haven't had an account with Alpari for maybe five years yet KPMG sold my personal info. My legal guys are on it as data protection kicks in.
Quoting muckele1
{quote} not well researched. http://www.financemagnates.com/forex...ajority-owner/ when someone refers to his partner, he can not be the sole owner. And more than one partner. He speaks of plurality. Logical, right?
With respect you don't understand corporate structuring. We talking about a legal entity in its own right. There are no partners.
I have no interest in ETX. now already 20 minutes ago trade deadline is in this market maker. So 45 minutes before closing time.
Quoting claudia1
{quote} He was the majority share holder in the parent company in Cypress. Bad research ? Go to companies house site. I don't care and don't matter anyway. Hope you get money back soon. My only interest is I haven't had an account with Alpari for maybe five years yet KPMG sold my personal info. My legal guys are on it as data protection kicks in.
Are you chasing KPMG for selling your personal information?
Quoting verv
{quote} Are you chasing KPMG for selling your personal information?
Yes.
Quoting claudia1
{quote} Yes.
I was annoyed about that too, because I never asked for it or authorized it. I also got calls from several brokers after alpari went down who somehow magically had my phone number and knew my name.
Quoting verv
{quote} I was annoyed about that too, because I never asked for it or authorized it. I also got calls from several brokers after alpari went down who somehow magically had my phone number and knew my name.
Same here also remember they have your card details. KPMG don't reply to me so I set my legal guys on it.
Quoting claudia1
{quote} Same here also remember they have your card details. KPMG don't reply to me so I set my legal guys on it.
...never thought of that, might be time to change cards.
Quoting verv
{quote} ...never thought of that, might be time to change cards.
I let you know what they say. ETX can now sell details on.
Quoting claudia1
{quote} I let you know what they say. ETX can now sell details on.
Thanks that would be much appreciated.

Edit - FYI: ETX sent an e-mail round declaring that they have changed some of their terms and conditions which I believe includes a modification to the privacy agreement. I forgot to read what was changed.
Quoting claudia1
{quote} Yes.
When a company insolvent states of the process is to sell the customer list if that can recover capital. The entire process is audited by a judge, among others. I think that everything is legal however much it hurts me.

Otherwise there were too involved, KPMG, FSCS, FCA, the judge appointed administrators and Alpari own .... I can hardly believe that there is any irregularity in the process.

What attributable only is the slowness with KMPG has worked. And the reason and we know full well, the fees.
Ora et labora
I got a call yesterday from the Italian Desk of ETX telling me whats going on behind the curtain. I must say he was very kind and assured me the money is not lost. Surprisingly he asked me the amount I had with Alpari and he confirmed it. I didn't get any mail from KPMG yet though. If I try to log into the claim portal an error comes up. The ETX guy told me he'll contact for me KPMG and check things out.

I don't know if I can trust them, anyway they have lower leverage and slightly lower spreads than Alpari. They even bought new servers only for the Alpari Clients and it seems like the old employees will work there too.
Quoting MikeXplosion
{quote} When a company insolvent states of the process is to sell the customer list if that can recover capital. The entire process is audited by a judge, among others. I think that everything is legal however much it hurts me. Otherwise there were too involved, KPMG, FSCS, FCA, the judge appointed administrators and Alpari own .... I can hardly believe that there is any irregularity in the process. What attributable only is the slowness with KMPG has worked. And the reason and we know full well, the fees.
I didn't have funds deposited with them and haven't for around 5 years. I am not a customer. Not sure its worth arguing just got me annoyed one day.
1 trader viewing now