As Alpari UK falls so falls Alpari Japan. Japan’s Financial Services Agency has confirmed that the Japanese division of Alpari has gone into administration and customer funds will be returned in full.
The following is the official statement (raw translation) from the company:
Thank you for doing business with Alpari Japan.
All open positions of our clients will be closed due to the insolvency of Alpari UK as informed on January 16th 2015 Regarding withdraw process, please see here.
We deeply apologize for the trouble caused to our clients.
The first Alpari UK insolvency announcement
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