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Alpari US scandal revealed by the NFA (National Futures Association)

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Aug 02, 2012 03:15 pm
#1
DDTrader Mirrorbeta

Posts: 38
Member since: 12/06/2012

Has anyone else become aware of the fact Alpari in the US got fined $200,000 for what looks like some serious and blatant misconduct towards their customers/clients?

You can find the article here:

http://www.nfa.futures.org/news/newsRel.asp?ArticleID=4087

Nov 17, 2012 08:00 am
bbasiit123 User

Posts: 53
Member since: 09/11/2012

Wow nice knowledge thankd God i didnt started working with them, oncce i was thinking to do becasue of their scandy offers 

Dec 09, 2012 02:08 pm
illiterate User

Posts: 561
Member since: 21/04/2011

hmmm. Alpari is one of reputed brokers. I wonder why they cancled profitable trades and removed them. A good decision to fine alpari. It will alert other brokers trying to steal customer's money.

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

Dec 11, 2012 07:42 am
Champ User

Posts: 711
Member since: 17/05/2011

That is why regulation is given high importance. If u r regulated with NFA or any prominent authority, u will have to comply to their rules otherwise customers can sue u. 

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Jan 12, 2013 01:04 pm
ironical User

Posts: 734
Member since: 22/04/2011

Originally posted by DDTrader

Has anyone else become aware of the fact Alpari in the US got fined $200,000 for what looks like some serious and blatant misconduct towards their customers/clients?

You can find the article here:

http://www.nfa.futures.org/news/newsRel.asp?ArticleID=4087



Brokers keep doing such things. It is not only Alpari. Many customers on different forums r complaining about a number of brokers. Some of them may be fake or too small to ignore. But most of them r real which r about requotes and late withdrawals or extra fees etc. I think people should take legal action against them as taken in this case.

The good or ill of a man lies within his own will. – Epictetus

Apr 24, 2013 07:00 pm
irfan User

Posts: 43
Member since: 24/04/2013

Alpari is one of well-known agents. I wonder why they cancled successful deals and eliminated them. A excellent choice to excellent alpari. It will aware other agents trying to grab client's cash.

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