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Alpari.co.uk Discussion

  • #6,161
  • Apr 21, 2015 7:13am Apr 21, 2015 7:13am
Quoting neoxis
{quote} After accepted the agreement with FSCS and so cliecked yes you will see ETX page in that page if you not AGREE TO TRANSFER FUNDS TO ETX YOU SHOULD NOT TICK THE BOX SO THE ONLY OPTION YOU HAVE IS NO. So let's click no and you will see your details to confirm
Ah ok, cheers.
We are what we repeatedly do. Excellence, then, is not an act, but a habit
  • #6,162
  • Apr 21, 2015 7:57am Apr 21, 2015 7:57am
Done and done, agreed with FSCS!

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,163
  • Apr 21, 2015 8:04am Apr 21, 2015 8:04am
Also done (to FSCS).
In my case, though my bank details have not change since I opened the account, they still asked to upload a bank document for the account...
I suppose it's because I've asked before to correct the name (my first name appears twice), which, by the way, they haven't until now.
  • #6,164
  • Apr 21, 2015 8:06am Apr 21, 2015 8:06am
All done too (FSCS), let the countdown begin
  • #6,165
  • Apr 21, 2015 8:29am Apr 21, 2015 8:29am
I just talk to someone at KPMG and she said IT guys are working on the issue... that I should not do anything on the portal until I get an email from KPMG saying the error has been fixed... Many other people had called today.... Many of you are saying you filed already.... confusing..
  • #6,166
  • Apr 21, 2015 8:49am Apr 21, 2015 8:49am
The error Its already fixed.
myfxbook: neoxis
  • #6,167
  • Apr 21, 2015 9:14am Apr 21, 2015 9:14am
Quoting verv
{quote} I have been been thinking that for a while, lol, I won't be holding my breath. It will be upsetting if everyone else is served and you and I aren't
You and I both brother
  • #6,168
  • Apr 21, 2015 9:58am Apr 21, 2015 9:58am
" ... The Joint Special Administrators understand that the FSCS will be making compensation payments by bank transfer in United States dollars ..."

What does that mean? Are they assuming this, or is it a fact, that FSCS will pay out in USD?

It's important for me to know to chose proper bank account ...


P.S: Etx hasn't bothered to answer my E-Mail inquiry for about a week now. Seems all they do is send autmated mass e-mail.

I think they made a severe mistake in buying the client list. They should instead have made an offer here and on other forums to Ex Alpari clients - like for instance offering to cover (some of) the losses incurred due to forced trades closure by Alpari ...
That would have been an offer worthwhile to talk about and sure would have made more traders go with ETX ....
  • #6,169
  • Apr 21, 2015 10:09am Apr 21, 2015 10:09am
Quoting Mystique
" ... The Joint Special Administrators understand that the FSCS will be making compensation payments by bank transfer in United States dollars ..." What does that mean? Are they assuming this, or is it a fact, that FSCS will pay out in USD? It's important for me to know to chose proper bank account ... P.S: Etx hasn't bothered to answer my E-Mail inquiry for about a week now. Seems all they do is send autmated mass e-mail. I think they made a severe mistake in buying the client list. They should instead have made an offer here and on other forums...

FSCS will made a WIRE transfer in your bank in USD currency.
myfxbook: neoxis
  • #6,170
  • Apr 21, 2015 10:10am Apr 21, 2015 10:10am
Quoting neoxis
I've talked in call with a manager of ETX capital. He said me than now can i chose ETX in the claim portal and if i do today money will be transfered and operative 100% on 18-20 may 2015. So around 1 month. GREAT SO I KNOW WHEN FSCS WILL MADE PAYMENT TO US. lol Obviously i will go with fscs wire on my bank.
Okay...
Anyone can tell me whether ETX Capital is worth trying?
I'm neither doing scalping nor news breakout trading.
I've checked that they've a bit not too good spreads. Are their network connections stable even around busy time? Are their support responsive?
  • #6,171
  • Apr 21, 2015 10:15am Apr 21, 2015 10:15am
Quoting neoxis
{quote} FSCS will made a WIRE transfer in your bank in USD currency.
I believe many of us will continue to use the same money to trade later.
If we're given option to transfer the funds to brokers we want, that'd be perfect. lol
Wire transfer from UK and wire transfer to UK again back and forth seem to be troublesome.
  • #6,172
  • Apr 21, 2015 10:17am Apr 21, 2015 10:17am
Quoting ppc123
{quote} I believe many of us will continue to use the same money to trade later. If we're given option to transfer the funds to brokers we want, that'd be perfect. lol
funds will arrive in your bank cc so after that you can decide to put them whereever you want.
myfxbook: neoxis
  • #6,173
  • Apr 21, 2015 10:19am Apr 21, 2015 10:19am
Quoting neoxis
{quote} funds will arrive in your bank cc so after that you can decide to put them whereever you want.
I just want to say... Wire transfer from UK and wire transfer to UK again back and forth seem to be troublesome. lol
  • #6,174
  • Apr 21, 2015 10:19am Apr 21, 2015 10:19am
Quoting ppc123
{quote} I believe many of us will continue to use the same money to trade later. If we're given option to transfer the funds to brokers we want, that'd be perfect. lol Wire transfer from UK and wire transfer to UK again back and forth seem to be troublesome.
xactly!!


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,175
  • Apr 21, 2015 10:21am Apr 21, 2015 10:21am
Quoting ppc123
{quote} I believe many of us will continue to use the same money to trade later. If we're given option to transfer the funds to brokers we want, that'd be perfect. lol Wire transfer from UK and wire transfer to UK again back and forth seem to be troublesome.
no its not troublesome if you do it with your card and to your desired broker

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,176
  • Apr 21, 2015 10:23am Apr 21, 2015 10:23am
I'm curious. Is anybody actually going with ETX?
  • #6,177
  • Apr 21, 2015 10:28am Apr 21, 2015 10:28am
Quoting Kosomolate
{quote} no its not troublesome if you do it with your card and to your desired broker kos
Yes, I'm using my bank account with my name.
But wire transfer from UK costs a few days, and wire transfer to UK costs another few days.
Filling information for wire transfer is another thing needed to take seriously too, I really rarely do it and I only withdraw in normal days...
  • #6,178
  • Apr 21, 2015 10:31am Apr 21, 2015 10:31am
Quoting emanco
I'm curious. Is anybody actually going with ETX?
Another thing I'm curious is that... Is actually the client lists worth that much money so that ETX spent for this?
  • #6,179
  • Apr 21, 2015 10:33am Apr 21, 2015 10:33am
Quoting Kosomolate
{quote} no its not troublesome if you do it with your card and to your desired broker kos
Also, you're talking about "desired broker"...
Sadly to say, the most desired broker before that particular date in my mind is Alpari. Now I've no preference really.
All brokers I tried have this or that problems. lol
  • #6,180
  • Apr 21, 2015 10:47am Apr 21, 2015 10:47am
Quoting ppc123
{quote} I just want to say... Wire transfer from UK and wire transfer to UK again back and forth seem to be troublesome. lol
I agree.
The tax man will be very happy with all this money going into bank accounts.
There could be a smart way to use the process to avoid paying the taxman twice!
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