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  • Post #7,341
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  • Jun 25, 2015 3:29pm Jun 25, 2015 3:29pm
  •  ssnetwork
  • | Joined Jan 2015 | Status: Member | 43 Posts
Quoting xMeruem
Disliked
{quote} Any loss from the conversion?
Ignored
Yes it's looks like about £100 so far
 
 
  • Post #7,342
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  • Jun 25, 2015 6:01pm Jun 25, 2015 6:01pm
  •  vasalahaimer
  • | Joined Aug 2013 | Status: Member | 146 Posts
Quoting xMeruem
Disliked
{quote} 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...
Ignored
This is right because we aren't informed when this 3rd tranche will even be so you could make an informed decision. You know what I mean they don't put the pmt sch in our portals so you decide what is better or worse of the conversion.

Has anyone tried this number for uk - 442077414100 and asked about your pmt sch and how long are we on hold? I wasn't worrying myself until someone here now says october or maybe that is just guessing I hope. They made this 55/100 at the start so kpmg said my chfjpy trades and usdchf was just giving delay.
 
 
  • Post #7,343
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  • Jun 26, 2015 5:02am Jun 26, 2015 5:02am
  •  FxFrontier
  • | Joined Oct 2014 | Status: Member | 20 Posts
Quoting vasalahaimer
Disliked
{quote} This is right because we aren't informed when this 3rd tranche will even be so you could make an informed decision. You know what I mean they don't put the pmt sch in our portals so you decide what is better or worse of the conversion. Has anyone tried this number for uk - 442077414100 and asked about your pmt sch and how long are we on hold? I wasn't worrying myself until someone here now says october or maybe that is just guessing I hope. They made this 55/100 at the start so kpmg said my chfjpy trades and usdchf was just giving delay....
Ignored
I have also now just got back 55% of my capital...... Thankyou KPMG

Hmmmm.....wonder why FCA taking so long
 
 
  • Post #7,344
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  • Jun 26, 2015 6:17am Jun 26, 2015 6:17am
  •  ssnetwork
  • | Joined Jan 2015 | Status: Member | 43 Posts
Quoting FxFrontier
Disliked
{quote} I have also now just got back 55% of my capital...... Thankyou KPMG Hmmmm.....wonder why FCA taking so long
Ignored
Was yours a UK business account? Like myne was?
 
 
  • Post #7,345
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  • Jun 26, 2015 9:06am Jun 26, 2015 9:06am
  •  FxFrontier
  • | Joined Oct 2014 | Status: Member | 20 Posts
Quoting ssnetwork
Disliked
{quote} Was yours a UK business account? Like myne was?
Ignored

No but it was a Joint account.....
 
 
  • Post #7,346
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  • Jun 26, 2015 9:31am Jun 26, 2015 9:31am
  •  xMeruem
  • | Joined Feb 2015 | Status: Member | 132 Posts
Quoting FxFrontier
Disliked
{quote} I have also now just got back 55% of my capital...... Thankyou KPMG Hmmmm.....wonder why FCA taking so long
Ignored
Any loss due to conversion? I'm still waiting for a payment from these ppl
 
 
  • Post #7,347
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  • Jun 26, 2015 9:50am Jun 26, 2015 9:50am
  •  verv
  • | Joined Jan 2015 | Status: Member | 1,995 Posts
Any FSCS guys got anything?

Nothing for me yet, I understand it should be soon.
 
 
  • Post #7,348
  • Quote
  • Jun 26, 2015 10:18am Jun 26, 2015 10:18am
  •  dennist
  • | Joined Aug 2014 | Status: Member | 33 Posts
"KPMG will pay out initially 55 cents on the dollar to Alpari UK clients."

is 55 cents equal to $0.55 ? I'm reading comments like 55% and get confused..
 
 
  • Post #7,349
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  • Jun 26, 2015 10:22am Jun 26, 2015 10:22am
  •  ljniannic
  • | Joined Mar 2013 | Status: Member | 8 Posts
I had submitted my claim from FSCS before 11 May 2015 and now nothing information to me.

Dont know wait till when just can get my fund.

Pray hard.
 
 
  • Post #7,350
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  • Jun 26, 2015 1:30pm Jun 26, 2015 1:30pm
  •  maxvre
  • | Joined Jul 2007 | Status: Member | 86 Posts
Quoting verv
Disliked
Any FSCS guys got anything? Nothing for me yet, I understand it should be soon.
Ignored
Nope, nothing yet, no money or emails about being paid. Nada.
 
 
  • Post #7,351
  • Quote
  • Jun 26, 2015 1:32pm Jun 26, 2015 1:32pm
  •  maxvre
  • | Joined Jul 2007 | Status: Member | 86 Posts
Quoting dennist
Disliked
"KPMG will pay out initially 55 cents on the dollar to Alpari UK clients." is 55 cents equal to $0.55 ? I'm reading comments like 55% and get confused..
Ignored
.55 on the dollar means for every dollar you are owed you will get .55c in this first payment if you went with the kpmg option.

So that means 55% of your total amount owed will be paid by kpmg in their first payout to clients. But, again that's if you didn't choose FSCS.
 
 
  • Post #7,352
  • Quote
  • Jun 26, 2015 9:14pm Jun 26, 2015 9:14pm
  •  dennist
  • | Joined Aug 2014 | Status: Member | 33 Posts
Quoting maxvre
Disliked
{quote} .55 on the dollar means for every dollar you are owed you will get .55c in this first payment if you went with the kpmg option. So that means 55% of your total amount owed will be paid by kpmg in their first payout to clients. But, again that's if you didn't choose FSCS.
Ignored
thanks!
 
 
  • Post #7,353
  • Quote
  • Edited Jun 29, 2015 6:22am Jun 28, 2015 5:35pm | Edited Jun 29, 2015 6:22am
  •  circochas
  • | Joined Nov 2011 | Status: Member | 53 Posts
Well if anyone was in any doubt as to ETX being a bunch of crooks - they suspended all EUR/USD quotes as of Fridays close (1.1169) to prevent anyone holding a short position from taking profits, despite the pair opening gap-down at 1.1006 and continuing to fall.

My broker has opened at the market price (thank you very much :-) as have al the others I've checked, but ETX.... Shame on you !

UPDATE: ETX first EUR/USD bar opened at 5am - 7 hours behind the market open. one supposes the delay was to buy time while they worked out how to protect themselves first, much like their uninvited interference in our Alpari/KPMG business...

ETX: SHAME ON YOU !
 
 
  • Post #7,354
  • Quote
  • Jun 28, 2015 11:40pm Jun 28, 2015 11:40pm
  •  highreturn
  • | Joined Jan 2015 | Status: Member | 6 Posts
there are already earning money from the FSCS in the second payment ??
I'm really frustrated with all of this. Regulators worst in the world, almost six months we were stuck here.
 
 
  • Post #7,355
  • Quote
  • Jun 29, 2015 12:53am Jun 29, 2015 12:53am
  •  Mroue26
  • | Joined Dec 2013 | Status: Member | 304 Posts
Quoting circochas
Disliked
Well if anyone was in any doubt as to ETX being a bunch of crooks - they suspended all EUR/USD quotes as of Fridays close (1.1169) to prevent anyone holding a short position from taking profits, despite the pair opening gap-down at 1.1006 and continuing to fall. My broker has opened at the market price (thank you very much :-) as have al the others I've checked, but ETX.... Shame on you !
Ignored
Have u tried to withdraw with etx??How much time it takes for the money to get to ur bank?
 
 
  • Post #7,356
  • Quote
  • Jun 29, 2015 3:48am Jun 29, 2015 3:48am
  •  widyantoro
  • | Joined Oct 2014 | Status: Member | 294 Posts
Quoting highreturn
Disliked
there are already earning money from the FSCS in the second payment ?? I'm really frustrated with all of this. Regulators worst in the world, almost six months we were stuck here.
Ignored
No payment until now, i hope FSCS can do their responsibilities as a financial regulator.
 
 
  • Post #7,357
  • Quote
  • Jun 29, 2015 3:52am Jun 29, 2015 3:52am
  •  widyantoro
  • | Joined Oct 2014 | Status: Member | 294 Posts
Quoting shail31
Disliked
Just called up FSCS,they confirmed I am on the list for the second tranche.The payment starts from as early as today and could take as long as 2-3 days.
Ignored
I just esnt to make sure, is there anyone in the 1st batch of payment? I wanna to know,. If FSCS Is paid us.
 
 
  • Post #7,358
  • Quote
  • Jun 29, 2015 4:01am Jun 29, 2015 4:01am
  •  balacy
  • | Joined Nov 2008 | Status: Member | 27 Posts
10-20 days (ETX)

I started out today if he comes I note
 
 
  • Post #7,359
  • Quote
  • Jun 29, 2015 4:02am Jun 29, 2015 4:02am
  •  balacy
  • | Joined Nov 2008 | Status: Member | 27 Posts
Quoting widyantoro
Disliked
{quote} I just esnt to make sure, is there anyone in the 1st batch of payment? I wanna to know,. If FSCS Is paid us.
Ignored
I was the first group that ye have not received my money back today!
 
 
  • Post #7,360
  • Quote
  • Edited Jun 30, 2015 12:53am Jun 29, 2015 4:14am | Edited Jun 30, 2015 12:53am
  •  vikindi
  • | Joined Jul 2012 | Status: Member | 26 Posts
I will never open an account with FSCS UK regulated Forex brokers. NO ANY MORE FSCS
 
 
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