This is part of the PDF document issued by kmpg regarding the clients that have negative balance. Client debtors The Company’s debtors fall into two main categories as follows: a) Clients with negative cash balances as at 9:30 GMT, Thursday 15 ...

Brokers chasing you for negative account balance

I guess, if they want to claim negative balance as customers fault they will have to prove there were no liquidity if it comes to a courthouse. As we already said, they cannot just send an email asking the money back...

Brokers chasing you for negative account balance

Have you read last ALpari update? How does it impact people with potential negative balance in your view? Any update from Saxo's and other brokers' customers that have been chased for some time now? Has anybody actually paid the negative balance?

Brokers chasing you for negative account balance

IF KMPG stays there few more months there will be no money to give to anybody, judging by the fees they are charging.

Alpari.co.uk Discussion

English is not my mother tongue, but if they say there is possibility to lose more than the initial deposit, couldn't that as well mean that if I invested 1000, won few trades and had 1500 and then lost all 1500 that I lost more then I initially had ...

Brokers chasing you for negative account balance

1. Totally agree. 2. Agree. Even though, unless you own 50 USD , I don't think anybody should pay or ignore, but dispute!!! 3. You are right. They might want to try that with the UK customers, maybe some of the other EU countries. I think the main ...

Brokers chasing you for negative account balance

In the old Rome they would say that it is the good sign from one of the Gods (name your favorite), and no need to worry at all since you are in his mercy ... Anyway, happy birthday

Alpari.co.uk Discussion

As previously somebody mentioned they have to prove the negative balance first and than it becomes debt. At the moment it is just a number they think you should paid them so they can cover their a***s and even make some money. They cannot just send ...

Brokers chasing you for negative account balance

As per one of the commentator, they are chasing the negative ones but on the other side paying just 10% of the positive gains. Hypocrisy on maximum.

Brokers chasing you for negative account balance

Wookey, tnx a lot for your detailed explanation. You just proved that forum can be useful for everybody to have a constructive conversation and not only a place where people argue over things. I can understand where you coming from, but still it ...

Alpari.co.uk Discussion

My margin call should have been triggered above 1.2000 and it didn't (not fully). So, you want to say that Alpari software is great, but there were no buyers ABOVE 1.2000? Of course it is their fault. My fault is that I lost my money. Their fault is ...

Alpari.co.uk Discussion

Why is it fair? If my margin call should have been triggered above 1.20000, why would it be fair to accept 0.96? Don't tell me there were no buyers 1.2000-1.2003?

Alpari.co.uk Discussion

url Nothing new in this article...

Alpari.co.uk Discussion

Nobody owns money to KPMG, they are just people that are trying to "minimize" everybody damage and get shit load of money through fees for doing that. regarding the debt selling, even though they are hired by the court they cannot just sell the debt ...

Alpari.co.uk Discussion

Still not an explanation how it can be done, just hope that it could be done... Which is a very different thing, if you ask me. Who can and based on what criteria specify who is a good customer and who is not? If I had -5000USD am I good or bad? If ...

Alpari.co.uk Discussion

We'll see is not an explanation.

Alpari.co.uk Discussion

Calm down body, read this thread bit more then you, looks like. Still haven't seen anybody explaining with common sense how selling positive clients can be done in reality? Like somebody mentioned earlier, they have to go to court and win case by ...

Alpari.co.uk Discussion

I can't see how they can sell positive clients only. They are selling (trying to sell) the database, not the list with the positive clients. Some clients that have negative balance can be more valuable to have to have then 50 clients with 50USD on ...

Alpari.co.uk Discussion

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Alpari.co.uk Discussion

Congrats... Is "huge" a secret? No matter what people are saying here, if it was that easy to get the money of the clients, they they wouldn't be doing clearing debts. Whoever doesn't do it, he is the one that will be cleared...

Brokers chasing you for negative account balance