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Re: The end of Z5 [Re: DdlV] #448096
01/19/15 16:46
01/19/15 16:46
Joined: Jul 2000
Posts: 27,977
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,977
Frankfurt
At least one of our developers also had negative balance, but with a different broker, not FXCM. You can see in the log that I posted what happened with my Z5 account. My other FXCM accounts had no EUR/CHF trades and were unaffected.

Re: The end of Z5 [Re: jcl] #448107
01/19/15 19:01
01/19/15 19:01
Joined: Jun 2013
Posts: 1,609
D
DdlV Offline
Serious User
DdlV  Offline
Serious User
D

Joined: Jun 2013
Posts: 1,609
Thanks jcl.

How overcapitalized do you trade? 2x CR? 5x? Order(s) of magnitude more?

Also, what about USD/CHF? As I said, I was actually hurt as bad / worse in Z12 via USD/CHF...

Thanks.

Re: The end of Z5 [Re: DdlV] #448118
01/20/15 09:03
01/20/15 09:03
Joined: Apr 2014
Posts: 18
molloy Offline
Newbie
molloy  Offline
Newbie

Joined: Apr 2014
Posts: 18
I also have negative balance at fxcm, I have lost 3x the original amount on my account.

Fortunately my other accounts at fxcm are not under my name so they will not be able to cross-clear.

Re: The end of Z5 [Re: molloy] #448215
01/23/15 15:45
01/23/15 15:45
Joined: Sep 2013
Posts: 504
California
G
GPEngine Offline
User
GPEngine  Offline
User
G

Joined: Sep 2013
Posts: 504
California

Re: The end of Z5 [Re: GPEngine] #448228
01/23/15 18:56
01/23/15 18:56
Joined: Dec 2013
Posts: 568
Fuerth, DE
Sphin Offline
User
Sphin  Offline
User

Joined: Dec 2013
Posts: 568
Fuerth, DE
Yes, I was one of the receivers of this letter and can confirm the content stated in the article linked above.

Re: The end of Z5 [Re: Sphin] #448234
01/23/15 22:38
01/23/15 22:38
Joined: May 2013
Posts: 627
Bonn
Sundance Offline
User
Sundance  Offline
User

Joined: May 2013
Posts: 627
Bonn
I'm just speechless. They are acting against their policies. I think its time to change the broker...

Re: The end of Z5 [Re: Sundance] #448329
01/29/15 13:15
01/29/15 13:15
Joined: May 2013
Posts: 245
S
swingtraderkk Offline
Member
swingtraderkk  Offline
Member
S

Joined: May 2013
Posts: 245
I would not be a fan of overcapitalising accounts.

better keep most of your money on deposit, and only transfer into brokerage sufficient funds to cover margin. e.g if trading 20k leave 18k on deposit and put 2k in brokerage. Most countries guarantee client funds up to a limit, so cna factor that in too. i.e. if country will guarantee 20k client funds and you wish to have 100k with brokers use 5 different brokers!

Re: The end of Z5 [Re: swingtraderkk] #448349
01/31/15 13:23
01/31/15 13:23
Joined: Apr 2014
Posts: 18
molloy Offline
Newbie
molloy  Offline
Newbie

Joined: Apr 2014
Posts: 18
Please help me with this:

I am unable to cancel my z5 subscription - maybe my fault but I think a fault of mycommerce...

The technical support email which is given to me by mycommerce on the receipt (support@3dgamestudio.net) nicely answers that I need to buy a support ticket.

Please close the subscription as the service is discontinued and it would be also nice to send my last payment back. (issued today, number 483518475)

Thank you very much in advance!

Last edited by molloy; 01/31/15 13:23.
Re: The end of Z5 [Re: molloy] #448358
01/31/15 21:27
01/31/15 21:27
Joined: Sep 2013
Posts: 73
M
Mangal Offline
Junior Member
Mangal  Offline
Junior Member
M

Joined: Sep 2013
Posts: 73
Special Administrators appointed to Alpari (UK) Ltd

Upon the application of the directors of Alpari (UK) Ltd, on Monday 19 January 2015, the High Court appointed Richard Heis, Samantha Bewick and Mark Firmin of KPMG LLP as joint special administrators of Alpari (UK) Ltd, under the Special Administration Regime (SAR). Alpari (UK) Ltd is a company incorporated in the UK.
Alpari (UK) Ltd applied for insolvency on Monday 19 January 2015 following the decision on Thursday 15 January 2015 by the Swiss National Bank to remove the informal peg to the euro at around 1.20 Swiss francs. The announcement by the SNB prompted volatility across the foreign exchange markets which saw the company and many of its clients make large losses. After a weekend spent in urgent discussions with various parties with a view to selling the company, these efforts were ultimately unsuccessful.
We have had a number of enquiries from interested parties in relation to the company's business. We will be speaking with these parties and others over the next few days, and hope to secure a deal to preserve the business and jobs as far as possible.

For latest updates please visit www.kpmg.com/uk/alpari

Re: The end of Z5 [Re: Mangal] #448384
02/02/15 16:42
02/02/15 16:42
Joined: Jul 2000
Posts: 27,977
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,977
Frankfurt
Molloy: Please contact the store about any issues with your subscription. Gamestudio is a game development system and their support can certainly not help with subscription issues.

Subscriptions need no express cancellation, they are automatically cancelled when you just stop paying.

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