https://www.fsa.gov.uk/pubs/final/alpari.pdf
I read it all so you don't have to! Essentially over a 2 year period they did not adequately carry-out due diligence with all their customers from high risk nations like Nigeria as a result they failed to meet FSA regulations as a broker and thus;
'Alpari’s failings in the relevant period are viewed as being serious as they exposed Alpari UK to the risk of being used to facilitate financial crime.'
They were fined £200,000 and paid £140,000 a 30% discount for paying early!
I read it all so you don't have to! Essentially over a 2 year period they did not adequately carry-out due diligence with all their customers from high risk nations like Nigeria as a result they failed to meet FSA regulations as a broker and thus;
'Alpari’s failings in the relevant period are viewed as being serious as they exposed Alpari UK to the risk of being used to facilitate financial crime.'
They were fined £200,000 and paid £140,000 a 30% discount for paying early!
pc8multifx
(pc8multifx)
Mitglied seit Sep 04, 2009
879 Posts
Jun 18 2010 at 13:54
Who cares? Among all the market maker mt4 broker they one of the best!
Lion Asset Management
(WhyLose)
Mitglied seit Feb 16, 2010
102 Posts
Jun 18 2010 at 14:01
When it comes to their front-line customer care I always get the feeling that it's the blind being led by the slightly less blind. But I still have an account with them and that speaks volumes. BTW, I'm the latter category.
Time is more valuable than money. You can get more money, but you cannot get more time.

Jun 22 2010 at 19:16
pingman posted:
Alpari will outlive the FSA
https://www.ft.com/cms/s/0/0203b99e-797f-11df-b063-00144feabdc0.html
I agree, can you post the article so we don't have to sign up for another web page collecting our details?
cheers
When everything else out there is just not good enough, design your own! MIDAS
Bitte melden Sie sich an, um zu kommentieren.