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Alpari.co.uk Discussion

  • #7,281
  • Jun 19, 2015 8:06am Jun 19, 2015 8:06am
Quoting circochas
{quote} Brilliant. Now he's out of the way... For those who have accepted the fact that we are eventually going to be paid in USD I still humbly suggest opening a USD account (I opened one with Cater Allen (private bank)) so at least we're not stressing about receiving a unannounced payment (good) at a horrendous spot rate (bad). Thus we can at least earn interest on our deposit (good) until the spot rate returns to a more favorable rate (good) which, I believe, will happen sometime later in the year when the FOMC start their hiking cycle (good...
Im strongly considering speaking to ETX Capital and see if they can work to open an account for me and put my funds in there so I can atleast get my money back without the spot rate conversion and then withdraw it
  • #7,282
  • Jun 19, 2015 10:58am Jun 19, 2015 10:58am
Quoting vikindi
FSCS say that they plan to pay is end of june
No. Last time I heard it's end of May, and before that, I heard it's mid of May.
But yeah, I still believe FSCS is a organization serious enough to handle this case, and UK government is trust worthy.
  • #7,283
  • Jun 19, 2015 11:47am Jun 19, 2015 11:47am
Quoting ppc123
{quote} No. Last time I heard it's end of May, and before that, I heard it's mid of May. But yeah, I still believe FSCS is a organization serious enough to handle this case, and UK government is trust worthy.
Spoke to them today! 2nd batch will be paid next week and there will be more batches after that, more than one. Guy told me there is a lot of people who still hasn't agreed their balance and also KPMG is holding on to some others. The attendant was very helpful and polite and said it is just a matter of time, we will be paid. KPMG seems to be the evil of the whole story, holding on to information and delaying what they pass on to FSCS or not.
  • #7,284
  • Jun 19, 2015 11:56am Jun 19, 2015 11:56am
Quoting ppc123
{quote} No. Last time I heard it's end of May, and before that, I heard it's mid of May. But yeah, I still believe FSCS is a organization serious enough to handle this case, and UK government is trust worthy.
I was on the phone to them today.

I got the impression that they would prefer to make as many payments as possible in one go.

He said KPMG hadn't sent their data today, which I take to mean that KMPG still hadn't finalised everything for the second tranch.

It seems they are still verifying accounts for the second tranch, he told me to wait.
  • #7,285
  • Jun 19, 2015 1:56pm Jun 19, 2015 1:56pm
Quoting xMeruem
{quote} Im strongly considering speaking to ETX Capital and see if they can work to open an account for me and put my funds in there so I can atleast get my money back without the spot rate conversion and then withdraw it
Good thinking, let us know if you approach them and what their response is please
  • #7,286
  • Jun 19, 2015 2:06pm Jun 19, 2015 2:06pm
How do Alpari decide what they owe you? If it based off account balance then when do they say the date for that is? I was trading with Alpari but had no positions in CHF. Still not heard anything from them about balance or money being returned and can't login to portal.
  • #7,287
  • Jun 19, 2015 2:21pm Jun 19, 2015 2:21pm
Quoting circochas
{quote} Good thinking, let us know if you approach them and what their response is please


Thank you for your email.

You can contact the Alpari administrators and ask them if you can redirect your funds from your bank account to your ETX Capital account.You can contact the Alpari administrators via this email address [email protected]. Also, since this account ******* that has been created here for you is authorised and active you can deposit funds at any time an start trading.

Should you have any further questions or requests please do not hesitate to contact us.

Kind Regards,

Client Support
  • #7,288
  • Jun 19, 2015 2:24pm Jun 19, 2015 2:24pm
On Monday I will call FSCS and see if KPMG have forwarded my details for the second tranche payment. If they have it, I'd doubt I'll be able to switch over to ETX at such a late stage without delaying things further (possibly dragging me to into a 3rd tranche). Otherwise I'll have to go with ETX.

I just hope that if I am due for the payment next week that I don't lose too much
  • #7,289
  • Jun 20, 2015 5:17am Jun 20, 2015 5:17am
Quoting Lover Man
How do Alpari decide what they owe you? If it based off account balance then when do they say the date for that is? I was trading with Alpari but had no positions in CHF. Still not heard anything from them about balance or money being returned and can't login to portal.
That's what jsa does they do this and in may they were still doing it! It's Jan15 end of day settle if no-chf not right before spikes.
  • #7,290
  • Jun 20, 2015 5:26am Jun 20, 2015 5:26am
Quoting xMeruem
Does anyone think it'd be possible to make a late switch to have the money paid into an ETX account? I'm wary of the current GBPUSD price and I feel like I could lose extra money due to the conversion rate the bank will use when the money lands.
Try to call this kpmg direct +44 (0) 333-202-1397 if the portal isn't pending pmt then he will give instruction or just do it? Know the date you asigned it to ETX because they search that way too. You'll be 3rd batch you're right because the other post shows your etx details are in your portal Or not? If he does it all over the phone?
  • #7,291
  • Jun 20, 2015 9:29am Jun 20, 2015 9:29am
Quoting vasalahaimer
{quote} Try to call this kpmg direct +44 (0) 333-202-1397 if the portal isn't pending pmt then he will give instruction or just do it? Know the date you asigned it to ETX because they search that way too. You'll be 3rd batch you're right because the other post shows your etx details are in your portal Or not? If he does it all over the phone?
Forgive me but I didn't fully understand your question. I never assigned it to ETX at all but because they bought the client list they made an account for everyone. It would seem it's still active though. Maybe to keep their numbers up or something lol
  • #7,292
  • Jun 21, 2015 3:20am Jun 21, 2015 3:20am
Is second tranche started?
I want all people receive refund in 2nd tranche,
But KPMG says that not all member can receive refund in 2nd tranche.
  • #7,293
  • Jun 21, 2015 3:51pm Jun 21, 2015 3:51pm
Not yet. UK companies and banks don't open until tomorrow. Hopefully we will see something happen this week
  • #7,294
  • Jun 22, 2015 5:07am Jun 22, 2015 5:07am
Quoting maxvre
Not yet. UK companies and banks don't open until tomorrow. Hopefully we will see something happen this week
amen!


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #7,295
  • Jun 22, 2015 6:17am Jun 22, 2015 6:17am
How much longer do they want us to wait for our money?

The waiting without any news is not doing me well.....

Any update from KPMG/FSCS will be very much welcomed at this stage.

G
Never Ever Give Up!
  • #7,296
  • Jun 22, 2015 6:29am Jun 22, 2015 6:29am
Just got off the phone to FSCS

payment will be made this week.

my name has been confirmed on the list for payment so will keep updated.
  • #7,297
  • Jun 22, 2015 6:35am Jun 22, 2015 6:35am
Quoting Kosomolate
{quote} amen! kos
Why do you always sign your comments with "kos"? Is it automatic or do you manually do it? loll
  • #7,298
  • Jun 22, 2015 7:00am Jun 22, 2015 7:00am
Quoting xMeruem
{quote} Why do you always sign your comments with "kos"? Is it automatic or do you manually do it? loll
Hi all . I decided to register, to help and also ask questions. Share wisdom and disappointments
I've been reading this forum since 2009 , it kind of persuated me to go with Alpari ! Now I am really tired of reading and waiting ....
Yes xMeruem signature is automatic . Go to account , settings , signature on the left.
Beware of robber banks (RB), bad advisors.
  • #7,299
  • Jun 22, 2015 5:20pm Jun 22, 2015 5:20pm
Quoting xMeruem
{quote} Forgive me but I didn't fully understand your question. I never assigned it to ETX at all but because they bought the client list they made an account for everyone. It would seem it's still active though. Maybe to keep their numbers up or something lol
I'm sorry! I meant that wrong because why you would asign to etx first and then now want to asign to etx, I mixed it up wrong. You should be able to switch then and he can do it all on the phone +44 0 333 202 1397 if you get them to and just wait. But is this a worse problem to delay until 3rd tranche or currency conversion what's worse for you? Or better just ask them all of this on the phone and see if you would still be 2nd tranche if he makes the switchese in the system manually while over the phone.

You said you would call fscs today did you I have been wondering?
  • #7,300
  • Jun 23, 2015 3:44am Jun 23, 2015 3:44am
Quoting vasalahaimer
{quote} I'm sorry! I meant that wrong because why you would asign to etx first and then now want to asign to etx, I mixed it up wrong. You should be able to switch then and he can do it all on the phone +44 0 333 202 1397 if you get them to and just wait. But is this a worse problem to delay until 3rd tranche or currency conversion what's worse for you? Or better just ask them all of this on the phone and see if you would still be 2nd tranche if he makes the switchese in the system manually while over the phone. You said you would call fscs today...
Ohh yeah I thought you made a mistake xD. Yeah I called them yesterday and they confirmed I am on the list for this weeks payment. I didn't mention to the FSCS my thought of switching to ETX because I didn't think they could make that change. I emailed KPMG this morning and I'm awaiting reply. I stressed however that if switching to ETX would put me into 3rd tranche I would NOT be interested. I even put the NOT in caps lol. I'd rather take a small loss (I hope it is small) than wait another month at least, I can always make the lost money back.
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