It is a deduction from previous posts in this thread where ETX (mainly) have suggested to former Alpari clients that payments can be expected in around 4 to 6 weeks time However, the key word in my post is: "possibly" or in other words, don't hold ...

Alpari.co.uk Discussion

Doubt anyone else has but speaking for myself only, nope Best we can hope for with current info is that FSCS will be first with a tranche possibly being sent/wired sometime in May

Alpari.co.uk Discussion

Exactly! KPMG are a business whose sole aim is to maximise profit As a comparison I also have funds stuck with LQD Markets since January 27th They had around 1500 clients, not 100,000 like Alpari Around 600 were active, not 15,000 like Alpari Have I ...

Alpari.co.uk Discussion

This task, as many have pointed out, can easily be automated and completed at most within a few days However, KPMG have not gotten where they are today by doing things in the most cost effective way for the client. Like I said before: they will ...

Alpari.co.uk Discussion

Mukele, I believe you, I simply don't believe them...

Alpari.co.uk Discussion

ETX have been saying 4 to 6 weeks since they bought the client list Call them Monday and ask how long it will still take and they will say... 4 to 6 weeks

Alpari.co.uk Discussion

Yes, just a matter of when...

Alpari.co.uk Discussion

Thanks for the heads up, at least we have some kind of time frame to work with until the next update

Alpari.co.uk Discussion

Where does it state this?

Alpari.co.uk Discussion

ETX can say whatever they want. They will not get your funds until either KPMG or FSCS release them, period If that is 4 - 6 weeks then hurrah, the nightmare may be over before summer, else it will be sometime before Christmas Don't hold your ...

Alpari.co.uk Discussion

... we should get up to 50k before the end of the year

Alpari.co.uk Discussion

If funds are indeed released in 4 - 6 weeks then everybody with agreed claims will have their funds released They cannot treat ETX customers any more preferentially than if a person had opted for KPMG or FSCS

Alpari.co.uk Discussion

When will they pay? Sometime before the end of the year... hopefully

Alpari.co.uk Discussion

FSCS will pay 100% of anything up to 50k only

Alpari.co.uk Discussion

We can jump up and down, scream, petition, bring to the attention of the media and whatever else you wish but nothing will expedite the return of funds as KPMG, ETX, FCA, FSCS etc. are all working within the law As long as they do this they can ...

Alpari.co.uk Discussion

I doubt that very much but why not ask them that question directly?

Alpari.co.uk Discussion

If you do not wish to go with ETX you can email them and ask for the account to be closed and all information relating to you to be deleted You can also simply follow the link at the bottom of their email and unsubscribe from their mailing list: ...

Alpari.co.uk Discussion

Agree, just keep telling yourself there is a reasonable chance that you will have up to 50k back by Christmas and anything sooner is an early Christmas present Its tough to swallow but that is the reality of the matter

Alpari.co.uk Discussion

They will string this out for as long as possible to maximise their fees but will always remain within the law so not much we can do but wait FUBAR

Alpari.co.uk Discussion

Just called FSCS and can share the following info: They cannot say if they received any claims passed to them by KPMG They anticipate paying all legitimate claims up to 50k 'in the next few months' and 'all in one go' They cannot yet say how they ...

Alpari.co.uk Discussion