The vast majority of Alpari UK clients have not yet logged on to the Claims Portal, nor agreed their balances. But those who have seem to favor assigning their claim to the FSCS.
Read moreLeapRate Exclusive.. LeapRate has learned that leading UK online broker ETX Capital has put in a proposal to acquire Alpari UK out of administration. The following statement was received from ETX Capital: ETX has provided KPMG with a proposal to acquire assets of Alpari (UK) Limited. Over recent months ETX Capital has acquired Shelbourne markets…
Read moreAmong common questions are matters relating to client funds, to which KPMG has stated that client money held in segregated accounts, and that where there are sufficient funds to repay all eligible clients in full, these funds will be returned to clients
Read moreAlpari ME DMCC in Dubai remains fully operational, as the firm's Middle Eastern operation is run separately from Alpari UK. The only change in service is a temporary unavailability of MetaTrader 5 due to servers being located in London
Read moreAlpari UK has issued a formal statement on its insolvency and entering administration by KPMG. As we posted earlier, Alpari UK applied for insolvency and entered administration after a frantic weekend search for an outside financial lifeline or acquirer of the company, which the company was unable to conclude - at least in time to…
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