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  • #6,101
  • Apr 20, 2015 4:35pm Apr 20, 2015 4:35pm
Quoting neoxis
What you decide guys??? Fscs wire or etx???? I not trust so much etx i think i will get wire..even if my bank will change from usd to eur and so i will lose some money in commission exchange. You trust etx???

It is no really about trusting ETX, I do not think they will disappear with money.
BUT I WANT TO MAKE A "PROTEST" AGAINT THE WHOLE THING HOW THIS CASE HAS BEEN HANDLED and I will not open an account with ETX, so that KPMG do not get paid for commission for it. As I think they have done really bad job and maybe in future, in cases like this, administrator would concentrate on paying out money rather than wasting months making deals and getting paid for that.

SEND A MESSAGE AND DO NOT OPEN ACCOUNT WITH ETX, if you think about it, ETX will be useless chain link between you and your money. Instead of money going from FSCS straight to you, it will go to ETX first and only then you will be able withdraw it.
  • #6,102
  • Apr 20, 2015 4:37pm Apr 20, 2015 4:37pm
Quoting ssnetwork
{quote} totally put me off trading for good, its all bullshit
trading is dog eats dog business, bunch of shy-lock brokers, whatever money you deposit with them they never pray you get it back


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,103
  • Apr 20, 2015 4:39pm Apr 20, 2015 4:39pm
Quoting wantsomepips
{quote} It is no really about trusting ETX, I do not think they will disappear with money. BUT I WANT TO MAKE A "PROTEST" AGAINT THE WHOLE THING HOW THIS CASE HAS BEEN HANDLED and I will not open an account with ETX, so that KPMG do not get paid for commission for it. As I think they have done really bad job and maybe in future, in cases like this, administrator would concentrate on paying out money rather than wasting months making deals and getting paid for that. SEND A MESSAGE AND DO NOT OPEN ACCOUNT WITH ETX, if you think about it, ETX will...

They opened account for us...we never do it. Anyway i not agreed to transfer funds to them. I will agree ONLY FSCS wire. Stop.
myfxbook: neoxis
  • #6,104
  • Apr 20, 2015 4:46pm Apr 20, 2015 4:46pm
Quoting wantsomepips
{quote} It is no really about trusting ETX, I do not think they will disappear with money. BUT I WANT TO MAKE A "PROTEST" AGAINT THE WHOLE THING HOW THIS CASE HAS BEEN HANDLED and I will not open an account with ETX, so that KPMG do not get paid for commission for it. As I think they have done really bad job and maybe in future, in cases like this, administrator would concentrate on paying out money rather than wasting months making deals and getting paid for that. SEND A MESSAGE AND DO NOT OPEN ACCOUNT WITH ETX, if you think about it, ETX will...
kpmg would not get that commission through me, and I have nothing to do with ETX.

when your money enter ETX purse, then they will bring stringent withdrawal conditions for former alpariuk clients. Do you think they just want to help you get your money because they like you, or care about you? just like that? its how to make your money become their own they are after.

From me its a NO

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,105
  • Apr 20, 2015 4:48pm Apr 20, 2015 4:48pm
I have sent email to alpariukclaims address kindly letting them know about the error in the claims portal procedure I suggest you all do the same.
  • #6,106
  • Apr 20, 2015 5:09pm Apr 20, 2015 5:09pm
Just sent an email to KPMG regarding their disgracefull conduct over this whole affair.
I don't usually do this but this has really irritated me tonight. It's about time these people
realise they cannot keep up this charade any longer.
Email sent below.

====================================================

Following on from your email received today 20 th. April I logged back into the claims portal to assign my
compensation claim to the FSCS...........AGAIN !!!!
The Portal as set up now does not allow this, it is virtually forcing us to reclaim money through ETX.
I want my money repaid ASAP through FSCS.
Why would you want bank details yet again when they are all on record on Alparis database.
I do not wish to go to ETX, I never asked to go to ETX, I never asked to have an
account set up in my name at ETX. I never gave authorisation for my details, address, bank details,
credit card details, etc. to be passed or sold to a third party. I consider a gross breach of trust and it goes against
the data protection act. I am seriously considering filing a complaint against KPMG for the way it has handled this whole affair.
One would almost suspect KPMG have done this deliberately to delay payment in order to boost their own
administration fees.
It is now over 3 months since my money was frozen. This is simply not good enough !
Get your act together and STOP DELAYING PAYMENTS any longer.
Attached pdf of my claim as previously agreed through the portal
I am not one to complain as a general rule but this is getting beyond ridiculous.

=======================================================
  • #6,107
  • Apr 20, 2015 6:05pm Apr 20, 2015 6:05pm
hmmm i havent logged on to the new panel after the new email asking me to "re visit"... and also havent yet "activated" or accepted anything from ETX... and originally i thought (as i have written before) to go via ETX... i already had chosen FSCS as my option....

now i read a lot of things here (bare in mind that i havent still revisit the backend) and i am going over thinking it again and having second thoughts...


hope this is an honest mistake...
  • #6,108
  • Apr 20, 2015 6:12pm Apr 20, 2015 6:12pm
Hi all,
is it possible that there is some kind of restriction that prevent us (normal trader not company) to be eligible for FSCS ? I don't know maybe only UK resident can request money from FSCS or some other restrictions we don't know about ?
  • #6,109
  • Apr 20, 2015 6:34pm Apr 20, 2015 6:34pm
No, from what I have read, if you are an individual and you were dealing with a UK company that went under, you are eligible to claim. I haven't read anything that says you have to be a UK resident. I think it's the fact that Alpari was registered in the UK.

Who is eligible for compensation from FSCS?
To qualify for compensation you must be eligible under the Financial Conduct Authority (FCA) COMP rules which set out which types of claim are eligible for compensation, and limit how much compensation we are allowed to pay.
Generally speaking, we can only accept claims from individuals and small companies that have carried out investment business with Alpari.
Full details of who is eligible to benefit from FSCS protection can be found in subsection 4.2 of the COMP Rules:

http://fshandbook.info/FS/html/FCA/COMP/4/2

http://www.fscs.org.uk/what-we-cover...ion_from_FSCS_
  • #6,110
  • Apr 20, 2015 6:59pm Apr 20, 2015 6:59pm
This is bullshit.... We understand you do not want to claim your money from FSCS when the fuck did I say that..... This shit is not real.... where are the magic mushrooms... lets find alice in wonderland.... I am going back to doing drugs... fuck this....
  • #6,111
  • Apr 20, 2015 7:27pm Apr 20, 2015 7:27pm
Quoting maxvre
I have sent email to alpariukclaims address kindly letting them know about the error in the claims portal procedure I suggest you all do the same.
Me too
  • #6,112
  • Apr 20, 2015 11:42pm Apr 20, 2015 11:42pm
Jesus! Why es everybody freaking out? When you get to the ETX option, just click "No"

No one is forcing you to choose ETX. Just read a little.
  • #6,113
  • Edited Apr 21, 2015 12:22am Apr 20, 2015 11:50pm | Edited Apr 21, 2015 12:22am
Quoting XXlager
Jesus! Why es everybody freaking out? When you get to the ETX option, just click "No" No one is forcing you to choose ETX. Just read a little.
Maybe you haven't noticed but the claims portal is not working as it should ... after clicking no to ETX you receive the message "We understand that you do not intend to make a claim for compensation from the FSCS ...."

Maybe you should do a little reading
  • #6,114
  • Apr 20, 2015 11:56pm Apr 20, 2015 11:56pm
Quoting fido
{quote} Maybe you haven't noticed but the claims portal is working as it should ... after clicking no to ETX you receive the message "We understand that you do not intend to make a claim for compensation from the FSCS ...." Maybe you should do a little reading

Yup, just read about the issue. Sorry!
  • #6,115
  • Apr 21, 2015 12:18am Apr 21, 2015 12:18am
Not going to take action to this new Claims Portal this time...
  • #6,116
  • Apr 21, 2015 12:31am Apr 21, 2015 12:31am
Quoting red33
Just sent an email to KPMG regarding their disgracefull conduct over this whole affair. I don't usually do this but this has really irritated me tonight. It's about time these people realise they cannot keep up this charade any longer. Email sent below. ==================================================== Following on from your email received today 20 th. April I logged back into the claims portal to assign my compensation claim to the FSCS...........AGAIN !!!! The Portal as set up now does not allow this, it is virtually forcing us to reclaim money...
each customer allows for opening a trading account that personal data may be disclosed. Sometimes it is useful to read the small print terms and conditions. Customer data to sell is absolutely legitimate and there is no approval of the customer required. because each customer with the approval of the terms and conditions has already agreed. The conditions are the same for all brokers.
  • #6,117
  • Apr 21, 2015 12:33am Apr 21, 2015 12:33am
Quoting XXlager
Jesus! Why es everybody freaking out? When you get to the ETX option, just click "No" No one is forcing you to choose ETX. Just read a little.
absolutely correct.
  • #6,118
  • Apr 21, 2015 12:51am Apr 21, 2015 12:51am
"We understand that you do not intend to make a claim for compensation from the FSCS. We would therefore like to confirm your bank details to enable a transfer of funds when a distribution is made."

WTF????
  • #6,119
  • Apr 21, 2015 1:26am Apr 21, 2015 1:26am
Quoting verv
Chill out, I haven't even got access to the portal yet. At least you lot have something you can do
Hi verv i'm guessing your the same as me, they have witheld my account and i didnt have open chf trades so it must be they dont have enough information to confirm the account
  • #6,120
  • Apr 21, 2015 1:31am Apr 21, 2015 1:31am
Quoting muckele1
{quote} each customer allows for opening a trading account that personal data may be disclosed. Sometimes it is useful to read the small print terms and conditions. Customer data to sell is absolutely legitimate and there is no approval of the customer required. because each customer with the approval of the terms and conditions has already agreed. The conditions are the same for all brokers.
ok, let ETX open the account, fund the account and trade it for ETX,
they can sell/buy data as they want but nobody would choose a broker for me, am intelligent enough to choose for me, and I would not be herded like sheep around.

FSCS I chose and FSCS is it, unless FSCS now joins the treachery or conspiracy by saying I can't claim thru them.


kos
John 3:16 - From THIS love no power on earth can me sever.
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