Thank you for the answer. Unfortunately, there is no way for me to check what you are saying and I will have to take your word for it. Thanks again.

Experiences with FxPro

My understanding is that: Those nine clients were pro traders. And money in that segregated account can not be used for anything else than to be returned to customers or pay for trades, but only your own trades, not someone's loses. First of all ...

Alpari.co.uk Discussion

Hi again. Please do not think that I am interrogating you in any way, I simply would like to know answer to his question with simple yes or no: Does FXpro take any position against their clients in any way at present time? You can call it hedging, ...

Experiences with FxPro

The point in that sentence is that FXpro is trading against their clients and that is why FXpro does not suffer at all if there are negative balances. And they advertise it to suckers like me that it is a good thing. So basically fellow traders have ...

Experiences with FxPro

Dude, I hope you realise that Tim isoara knows exactly as much as you do. He is just giving people exactly what they need to keep them calm. Good job Tim isoara for keeping people positive. Keep feeding them BS(or maybe truth), it does the trick.

Alpari.co.uk Discussion

I found this in Alpari UK discussion: As for the brokers forgiving negative balances there are indeed some brokers. 1. Brokers trading against client and not hedging it at the market. The basically just got your deposit and forgiving the rest does ...

Experiences with FxPro

Technically they are insolvent.......not dead. but I accept the fact that there were some managerial issues (whatever they might be) but it is not fair to blame it all on that, there were also market conditions and traders with their positions. And ...

Alpari.co.uk Discussion

Where exactly Alpari messed up big time, can you please explain to my stupid brain? Of course there were people willing to buy and sell at any price, but Alpari UK does not deal with any person, they deal with LP's and if they do not sell, Alpari UK ...

Alpari.co.uk Discussion

It is the idea and pretty much that is how it is happening...there were many people that wanted to buy swissy, but Alpari does not match client orders with other clients, if you want that, you would need to choose not ECN broker. Alpari might have ...

Alpari.co.uk Discussion

You need not ECN broker in this case. Market maker and brokers that match their client buy/sell with other clients buy/sell.

Alpari.co.uk Discussion

Yeah......looks like you have not learned anything in this. Which part of........THERE IS NO MARKET TO LIQUADATE ANY POSITION (MAKE ANY TRANSACTION) you do not understand??? For someone to buy something there has to be someone who sells something ...

Alpari.co.uk Discussion

Well explain what is this "Alpari risk management system" ........??? Alpari itself does not trade, simply because they make enough money from clients and that is their business. Brokers do not control risk for their clients, no one does. Only with ...

Alpari.co.uk Discussion

Everyone has to understand that Alpari UK has nothing to do with the fact that the money is being held into segregated account, that account is now under control of KPMG. I can only be thankful, that there even is such a segregated account with ...

Alpari.co.uk Discussion

My opinion about Alpari is that: Owner is actually very smart and talented person...... he knows what he is doing, that is why he is in the business and he is very successful with it. I know many of us have a "bad taste in mouth" about Alpari UK and ...

Alpari.co.uk Discussion

Hi Lianna how many active clients does FXpro have?

Experiences with FxPro

Guys do you even read their info: Q. Does Alpari (UK) Limited have a client money deficit? As far as the special administrators are aware, Alpari (UK) Limited does not have a client money deficit, however the special administrators need to reconcile ...

Alpari.co.uk Discussion

It has taken 2 weeks for KPMG to announce something that is sort of considerable as some sort of action taking regarding retail clients. But in reality there are less than 10k people who need their money to be distributed back to them, not 100k like ...

Alpari.co.uk Discussion

That money is safe.........there are procedures that have to be fallowed to distribute it. People do not be stupid.

Alpari.co.uk Discussion

There is nothing EFT up right now. They are doing exactly what they have to do and according to all guidelines. I am just realising it will be a while till we get our money back. Other than that everything is OK.

Alpari.co.uk Discussion

As far as I understand KPMG have to announce reasonable deadline for any clients to make a claim. And after that deadline they would need to count all claims and compare it to balance of segregated accounts. Wishful thinking to myself: They have ...

Alpari.co.uk Discussion