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Alpari.co.uk Discussion

  • #6,421
  • May 1, 2015 10:47am May 1, 2015 10:47am
Quoting JeffZhou
A side note, Alpari UK will be the most commented thread o FF?
yes, because it was possibly the largest ever insolvent broker? Other relatively large broker also went bankrupt. but with fewer customers. For example, 4XP.
  • #6,422
  • May 1, 2015 3:54pm May 1, 2015 3:54pm
Quoting neoxis
{quote} yeah but in anyway...they gonna pay FSCS not us...Cause no one choosed kpmg. I'm just sorry for those persons who will lose more money (in KPMG fee/drama) for who has more of 75k USD.
Hey neo, i have chosen to go with kpmg not fscs and as i read in the news that the first payouts will be to clients who agreed their balances with kpmg and who assigned to get paid by fscs will Not be entitled to be among the first payments wave. So basically fscs will take longer to pay you guys! And etx offered me by a phone call a bonus total of 8400$ on my balance so im going with that.. Make few bucks and throw it away and withdraw my money to continue with FxPro.Good luck
  • #6,423
  • May 1, 2015 4:15pm May 1, 2015 4:15pm
Quoting neoxis
The only problem now euro is going up fuck
eurusd has been down in May every year since 2010.. fwiw.

http://www.bkassetmanagement.com/wp-...aily0501_1.png
  • #6,424
  • May 1, 2015 4:18pm May 1, 2015 4:18pm
Quoting Mroue26
{quote} Hey neo, i have chosen to go with kpmg not fscs and as i read in the news that the first payouts will be to clients who agreed their balances with kpmg and who assigned to get paid by fscs will Not be entitled to be among the first payments wave. So basically fscs will take longer to pay you guys! And etx offered me by a phone call a bonus total of 8400$ on my balance so im going with that.. Make few bucks and throw it away and withdraw my money to continue with FxPro.Good luck

I think you are totally wrong....FSCS already said they will pay first in may so few days. And kpmg said too FSCS will be first.


i don't know why you opted to go with kpmg...you made a big mistake man...others can confirm too.


Man...now i will tell you a secret.....open your ears....ETX takes money from FSCS in may...your money...and kpmg will pay in june/july and only 51% of your account statement.

But anyway if you chosed to go through ETX...you saved your ass without know it!!! Cause You indirectly choosed FSCS ....ETX simply will take a transfer from FSCS about your refund and transfered to your ETX account..

Next time please be careful in your choice.
myfxbook: neoxis
  • #6,425
  • May 1, 2015 11:02pm May 1, 2015 11:02pm
Quoting neoxis
{quote} I think you are totally wrong....FSCS already said they will pay first in may so few days. And kpmg said too FSCS will be first. i don't know why you opted to go with kpmg...you made a big mistake man...others can confirm too. Man...now i will tell you a secret.....open your ears....ETX takes money from FSCS in may...your money...and kpmg will pay in june/july and only 51% of your account statement. But anyway if you chosed to go through ETX...you saved your ass without know it!!! Cause You indirectly choosed FSCS ....ETX simply...
I concur with Neoxis.
I ever wrote an email to KPMG to ask about who will be faster between KPMG or FSCS in paying out, and they said.. FSCS will be the faster one and paying you in full.
  • #6,426
  • May 2, 2015 6:25am May 2, 2015 6:25am
thnx for the info bro
  • #6,427
  • May 2, 2015 11:14am May 2, 2015 11:14am
Quoting Mroue26
thnx for the info bro
Welcome...everybody want money back....i'm really tired to wait...come on just pay us.
myfxbook: neoxis
  • #6,428
  • May 2, 2015 3:26pm May 2, 2015 3:26pm
I think a few of you here misunderstood that there're actually differences between "go with KPMG", "go with FSCS", and "go with FSCS + ETX"...
In terms of paying in full, you'll only fail if you choose "go with KPMG".

Please correct me if I'm incorrect.
  • #6,429
  • May 2, 2015 3:29pm May 2, 2015 3:29pm
Quoting ppc123
I think a few of you here misunderstood that there're actually differences between "go with KPMG", "go with FSCS", and "go with FSCS + ETX"... In terms of paying in full, you'll only fail if you choose "go with KPMG". Please correct me if I'm incorrect.
yes, is correct
  • #6,430
  • May 3, 2015 10:31am May 3, 2015 10:31am
Who would gamble their money on a re-established broker???
  • #6,431
  • May 3, 2015 10:52am May 3, 2015 10:52am
Quoting Harris27
Who would gamble their money on a re-established broker???
to great deal of mistrust. If a broker has even made a bankruptcy, it will happen again. Who would go, for example, back to Alpari? I do not.
  • #6,432
  • May 4, 2015 4:29am May 4, 2015 4:29am
Hope to have some official date news directly from FSCS this week... finger crossed.
myfxbook: neoxis
  • #6,433
  • May 4, 2015 5:39am May 4, 2015 5:39am
Quoting neoxis
Hope to have some official date news directly from FSCS this week... finger crossed.
Neoxis,
what is your next broker after receiving your money?
just curious.
tks
  • #6,434
  • May 4, 2015 5:57am May 4, 2015 5:57am
Quote
I think a few of you here misunderstood that there're actually differences between "go with KPMG", "go with FSCS", and "go with FSCS + ETX"...
In terms of paying in full, you'll only fail if you choose "go with KPMG".

Please correct me if I'm incorrect.

Going with KPMG or FSCS shouldn't make any difference (except timing of payments will be slower with KPMG).

If you've less than 50,000 GBP you'll get that all back from FSCS minus transfer fees.

If you take the payment from KPMG instead, you'll get an interim payment of about half what you are owed (minus transfer fees). Then you can transfer your claim to FSCS and claim back the difference between what KPMG paid you and the amount of your claim agreed in the portal. The KPMG followed by FSCS route is slower and with more steps, but you shouldn't lose any money as far as I can see. You will surrender your legal rights to FSCS if you go with FSCS, but that shouldn't be an issue if you're case isn't "complex".
  • #6,435
  • May 4, 2015 6:10am May 4, 2015 6:10am
Quoting am1nx
{quote} Neoxis, what is your next broker after receiving your money? just curious. tks

Dunno i will open other 4 broker account...with only max 10k splitted. I will not retake this shit in my ass again.

Surely i will choose again FCA broker if this mess will end like should to be.
myfxbook: neoxis
  • #6,436
  • May 4, 2015 6:31am May 4, 2015 6:31am
Quoting neoxis
{quote} Dunno i will open other 4 broker account...with only max 10k splitted. I will not retake this shit in my ass again. Surely i will choose again FCA broker if this mess will end like should to be.
Lmao, that is a funny way to put it
  • #6,437
  • May 4, 2015 8:07am May 4, 2015 8:07am
Quoting dambuster
{quote} Don't know where you got that info from but on the FSCS website it clearly states "FSCS expects to start paying claims in May 2015." See here: http://www.fscs.org.uk/news/2015/apr...-compensation/ Oh, and according to neoxis and his special sources this will be between 18th and 20th May to be precise...

If you read above, FSCS will pay as much as KPMG... in other words you will receive 51% as a first payment. as of May 2015...

they will take 3 month for distribution. i don't want to be pessimistic.. but I can see a long journey ahead for complete payments.
  • #6,438
  • May 4, 2015 8:42am May 4, 2015 8:42am
Quoting bob79
{quote} If you read above, FSCS will pay as much as KPMG... in other words you will receive 51% as a first payment. as of May 2015... they will take 3 month for distribution. i don't want to be pessimistic.. but I can see a long journey ahead for complete payments.
no is not like that...who has less than 50k will take in full in the first payment in may. Dont make more confused ppl..thanks.
myfxbook: neoxis
  • #6,439
  • May 4, 2015 8:43am May 4, 2015 8:43am
@ bob79: no, FSCS will pay up to $75,790 up front irrespective of what KPMG do

See q 16 of the FAQ's here: http://www.fscs.org.uk/what-we-cover...ed/#question15

and pay particular attention to the statement: FSCS does not have to have make a full recovery of its 50,000 before it starts paying its dividend recovery on to claimants.
  • #6,440
  • May 4, 2015 8:48am May 4, 2015 8:48am
Quoting dambuster
@ bob79: no, FSCS will pay up to $75,790 up front irrespective of what KPMG do See q 16 of the FAQ's here: http://www.fscs.org.uk/what-we-cover...ed/#question15 and pay particular attention to the statement: FSCS does not have to have make a full recovery of its 50,000 before it starts paying its dividend recovery on to claimants.

So you wanna mean they are not obliged to pay in full in the first payment all 50k?? and they can pay in more steps?
myfxbook: neoxis
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