Investor compensation schemes — are you covered? Hopefully, client funds are segregated, i cant look up my contract because their website is down and i dont have a copy of it, anyone have a contract they can look at?
I just saw its per person so on that topic. What is the best way to ensure maximum protection? Open with multiple brokers? Alpari already set-up new shop yesterday and is accepting deposits of any size. Sounds like a desperate move to me. Really, they already set-up new shop yesterday?
I haven't read or seen anything about it. Either way, stumbled upon an interesting article, mentioning that the SAR will assess the client money position. According to this article that I have found: That is a VERY quick process of creditors getting their money back for a company who has declared bankrupcy.
Guys, I wanted to share with you some news in regard to the administration process. According to the article: However, there is also bad news for traders how had a negative balance.
Although it was reported that the administration process would take up to 8 weeks, however I can't sit still and not neglect the news articles. Well they have to, now it seems like the Alpari Group has bought the intelectual properties; atozforex. What do you think of this exclusie retention discount?
Quite unnecessary in my opinion. KPMG have an update today. Claims portal will pay out in dollars probably at a rate of 1. Will alpari UK clients get their money back? It depends where it is domiciled: Were you a 'Swiss-gate' victim? Read the linked article, it is explained in there with a diagram as well as text.
I think they are working on it, so let's hope they can finally get their money back. I must have overlooked it.More...