Information about ETX Capital’s acquisition of the client data from Alpari UK brought interest of traders back from FXCM Asian issues. Alpari is about to inform about the final number of clients, whose deposits are about to park in ETX Capital bank accounts. ETX Capital is expected to begin liaising with former customers of Alpari UK to offer them to open trading accounts with the UK brokerage. At the client’s discretion, the outstanding funds which are due to them, can be transferred to their new trading account with ETX Capital. According to the official information, ETX Capital has bought over 160,000 accounts with documentation allowing broker to set up accounts immediately for these UK clients. During the previous year, ETX Capital has done the same with Shelbourne markets’ clients. As ETX’s CEO Andrew Edwards states: ‘We’re talking to a couple about acquiring their customer base and if we do a good job with Alpari we could be seen as the go to company for brokers who’d like to capitalize on the brand they created.’
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