ALPARI is gone - forever...

Jan 16, 2015 at 11:54
11,093 Views
227 Replies
Biedrs kopš   6 ieraksti
Jan 16, 2015 at 17:44
Ok. Does anyone know how to try to get the funds back using the FCA ?
Biedrs kopš   3 ieraksti
Jan 16, 2015 at 17:44
RoboForex seems gone as well , can't withdraw
Biedrs kopš   6 ieraksti
Jan 16, 2015 at 17:46
The biggest Alpari UK mistake was not change the margin requirements for CHF, as Alpari Limited done.
Biedrs kopš   297 ieraksti
Jan 16, 2015 at 17:56
Long story short, Forex situation is as follow:

- Alpari: Insolvent 😇
- Excel Market: Insolvent 😇
- IG: $45 million hole (but company has $200 million in cash and is looking to buy brokers in problems) 😎
- FXCM: $225 million hole 😎
- Dukascopy: $40 million hole 😎
- Interactive Brokers: $120 million hole 😎
- FXPro: Announced it remains solid capitalized 😁
- Gain Capital: Reported they made profits on SNB day 😁
Biedrs kopš   92 ieraksti
Jan 16, 2015 at 17:59
and what about InstaForex, you know the broker on the AMF blacklist :? 😀
On entend l'arbre qui tombe mais pas la forêt qui pousse...
RSTrading
forex_trader_139412
Biedrs kopš   385 ieraksti
Jan 16, 2015 at 18:03
Can you tell us anything about IamFX...or FBS?
Biedrs kopš   92 ieraksti
Jan 16, 2015 at 18:33
Does anybody can see something about AlpariUK ? lol
Stupid AMF

https://www.amf-france.org/Epargne-Info-Service/Infos-et-guides-pratiques/Marches-fianciers-et-leurs-acteurs/Le-Forex.html

On entend l'arbre qui tombe mais pas la forêt qui pousse...
Biedrs kopš   1424 ieraksti
Jan 16, 2015 at 18:47
amjramjr posted:
Ok. Does anyone know how to try to get the funds back using the FCA ?

First point of contact I would ring and speak to someone in either the FCA or the Ombudsman

https://www.fca.org.uk/

https://financial-ombudsman.org.uk/

They will tell you exactly what to do.
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Jan 16, 2015 at 19:17
DrVodka posted:
Long story short, Forex situation is as follow:

- Alpari: Insolvent 😇
- Excel Market: Insolvent 😇
- IG: $45 million hole (but company has $200 million in cash and is looking to buy brokers in problems) 😎
- FXCM: $225 million hole 😎
- Dukascopy: $40 million hole 😎
- Interactive Brokers: $120 million hole 😎
- FXPro: Announced it remains solid capitalized 😁
- Gain Capital: Reported they made profits on SNB day 😁

Another one bites the dust! 😂
Biedrs kopš   19 ieraksti
Jan 16, 2015 at 19:30
if a broker is insolvent, what happens to the money on the client accounts??
Biedrs kopš   1424 ieraksti
Jan 16, 2015 at 19:30
I've registered with a lot of brokers over the years, I've lost count but it's well over 50. I'm getting emails from some brokers that I really wouldn't have put into the good category telling me how well they've coped with this week, how they are zeroing negative accounts and how they are honouring all accounts that made good profits. Weird.
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Biedrs kopš   1424 ieraksti
Jan 16, 2015 at 19:31
schuttend posted:
if a broker is insolvent, what happens to the money on the client accounts??

Depends where they are regulated, in Alpari's case they have to hold retail client deposits in separate accounts as per FCA guidelines. Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Biedrs kopš   65 ieraksti
Jan 16, 2015 at 19:33
You are all running after widely promoted expensive brands. You believe that the regulation of the US or other will save you. Know that promoted brokers pay to regulators, it is a payment for a dishonest way of doing business. I have been realized a long time ago that the new large companies are more concerned about their reputation and the customer always get their money
There can't be enough money
Biedrs kopš   19 ieraksti
Jan 16, 2015 at 19:36
is fxcm regulated by FCA that you know of?
Biedrs kopš   1424 ieraksti
Jan 16, 2015 at 19:40 (labots Jan 16, 2015 at 19:42)
Yes
https://www.fxcm.com/uk/

As far as I know FXCM haven't gone insolvent, they're currently after $200 million from Jefferies group.
https://www.bloomberg.com/news/2015-01-16/fxcm-said-to-be-in-talks-with-jefferies-for-200-million-rescue.html

Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Biedrs kopš   19 ieraksti
Jan 16, 2015 at 20:15
If funds are segregated will you always get your money back? My account of FXCM is Australia based but funds are segregated and I did not experience any loss.
Is there a maximum on which they will ensure?

Regards,
Dennis
Biedrs kopš   4 ieraksti
Jan 17, 2015 at 10:33
The most important now, is you can withdraw your deposit, I Know many friends you can't withdraw...
Thanks a god I'm working with onasis.

Biedrs kopš   1 ieraksti
Jan 17, 2015 at 10:34
ChrisMuzhik posted:
You are all running after widely promoted expensive brands. You believe that the regulation of the US or other will save you. Know that promoted brokers pay to regulators, it is a payment for a dishonest way of doing business. I have been realized a long time ago that the new large companies are more concerned about their reputation and the customer always get their money
The smartest? So what is your broker?
Biedrs kopš   28 ieraksti
Jan 17, 2015 at 10:34
If any one found out already the procedure to get the money back can you guys just type in this forum so every one else is aware on what to do.

Thanks a lot,

tchutchuco
Biedrs kopš   43 ieraksti
Jan 17, 2015 at 10:35
Usually a regulator grants retail customers only a certain amount of money. FCA (better FSCS), if I am not mistaken, grants up to 50k GBP.
mendeco@
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.