you will still be a client of alpari. the firm has just different owners.

Alpari.co.uk Discussion

Ouch. Customer equity was $1.3bn in early Jannuary, so down about 25% in a week.

FXCM Discussion

Apparently they have been inadquately capitalized to absorb a shock like this. Maybe if they didnt pay 15M dividend each year and overlever their balancesheet with pointless m&a and didnt offer 200:1 they would be fine? If Drew Niv and the rest of ...

FXCM Discussion

Sucks. What trades were you in? I would assume they will only adjust CHF-realted fills. Hopefully Oanda will buy them and you will get atleast the 75k back without haircut.

Alpari.co.uk Discussion

Here is a tick chart: url Seems like wide spread due to China news at this time, its marked as red on the FF calender. Tough luck. Highest ask-price in this chart is like 46.8 or there abouts.

Anyone with Darwinex or LMAX? I had a little issue with AUDJPY

Anyone with a sizable negative balance should speak to a lawyer anyways rather then to rely on internet-expertise. It doesnt look that clear cut to me due to the advertisements they had on the website.

Brokers chasing you for negative account balance

I could still see a court deciding in favour of the customer. Retail clients are seen basically as idiots that need special protection by regulation/consumer laws. Printing in fat latters "negative balance protection" on their website vs. their ...

Brokers chasing you for negative account balance

SNB was clearly a market event not fm. When they advertise for years with no negative balance, they have to eat the loss.

Brokers chasing you for negative account balance

The madness will never stop

FXCM Discussion

Thats certainly not trade data. No SDP publishes that information, and only few multibank platforms do.

CHF Black Swan - Show your Broker's Spike

Is this mid-price or bid? Because bids apparently went way lower.

CHF Black Swan - Show your Broker's Spike

You have a -$180K balance in one account? Nice. And they took $250 (without k) from the other account - and you complain? Thats a staggering sense of self-entitlement.

FXCM Discussion

I am talking about Alpari UK. FXCM will not collect negative balances. The admistrator of Alpari already said that negative balances will have to be paid.

Brokers chasing you for negative account balance

The insolvency administrator will not forgive the negative balance, his duty is to gather as much as possible to distribute to creditors. They will most likely sell the claim on negative customer accounts to money collection firms for cents on the ...

Brokers chasing you for negative account balance

Forexia: so how deep are you in the red

Brokers chasing you for negative account balance

Any reason in particular LMAX should pay for YOUR losses?

Brokers chasing you for negative account balance

I could tell you outright if there is a negative balance protection for US clients - but that would have no educational value. Homework: locate and read the FXCM full risk warning and report back your findings.

FXCM Discussion

I'm pretty sure FXCM advertised that clients cannot lose more than they deopost (+realized profits) and that negative balances will be zeroed out. So clients dont owe them anything. url

FXCM Discussion

Shareholders will still not be happy. Wondering if Drew will survive this mess.

FXCM Continues Normal Operations, Raises $300M in Capital

Shareholders wont be happy. I suppose its better than outright insolvency tho.

FXCM Continues Normal Operations, Raises $300M in Capital