London forex trader arrested

Exactly one month later, he's back in the news. But this time, instead of libations, it's about allegations. Hope was arrested Tuesday by the U.

His publicist, who told City A. A little more than a week ago, Hope came to HuffPost's offices to talk about his passion for foreign exchange trading and the public's mixed reaction to his nightclub spending spree.

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Dressed in a sharp navy blue suit and wearing an expensive watch with a pair of white athletic socks, Hope chatted about his meteoric rise to trading stardom, his aversion to the celebrity lifestyle and what it means to "splurge sensibly. But given recent events, Hope's critics might feel justified in condemning his decadent display of wealth amid a struggling global economy.

And the fans who congratulated Hope's success, asking for trading tips via his twitter account , could be having second thoughts. You taught yourself the Foreign Exchange market. Why do you think you've been so successful? I've worked extremely hard, even when friends are partying on the weekends and this and that. I'm not a big-headed person but I believe my psychology is just unbelievable. The way I think, I'm almost like a robot when I trade. Guessing is gambling, knowing what you're doing equals a calculated risk.

If I cross the road and I get knocked over by a bus, that's a gamble I took. But if I'm about to cross the road, and I look left, I look right and I still get knocked over by a bus, that's OK because I analyzed the situation.

That's the difference between trading and gambling. The reason why I trade foreign exchange and not the stock market That's called insider trading.

Really, you don't want to be a part of that because that's obviously illegal. But the currency market is such a big market You've had a lot of success and exposure recently. What is it like to be 23 years old and partying with British soccer stars and celebs like Katie Price? For me that's not my lifestyle. What I've been doing for the last five years is working and teaching Foreign Exchange. So to go out one night and get so much media attention, it's quite funny.

But I'm not starstruck or anything like that, I'm a very humble guy. There's not many people I idolize because if you concentrate on wanting to be like them, how are you ever going to be like yourself?

I got invited to a club in Liverpool. There's this big bottle of champagne called Ace of Spades, 30 liters, it's a very unique bottle. People like Jay-Z have bought it. It's specially made in France. I'm not a drinker at all but I've always wanted to buy this bottle. And I thought to myself, 'I never treat myself, I don't have a flashy car, but if I go out let me buy this bottle,' and for me it will be like an achievement thing to say: I spent a lot of money at a nightclub for a normal person, but to me it wasn't such a large amount because of the fact that I've done very well in my field.

Yeah, I picked up about 80 percent of that bill. But that unique bottle was something I paid for and was happy to pay for because it's something I really wanted.

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I think only three or four people in the world have ever bought that, so for me to be the youngest it's like really neat.

I told you, Jay-Z's bought it and to be associated with someone like that just by buying a bottle of champagne is quite nice. Well, I'd say 90 percent of the comments have been positive She's a great singer, she has great videos and you have 99 percent good comments but you'll always have one or two people who might say, I don't like it.

But that just comes with any territory when you're doing well, to be quite blunt. I've coped with it well so it doesn't bother me. It's in the millions. My short term goal is to raise quite a lot of money.

Forty, fifty million would be great in the next five to ten years. For someone my age in the UK, I'm doing very, very well. You tweeted a link to a personal finance article by Bankrate. Splurge is such a unique word isn't it? You can look at it from a good sense or a bad sense but splurging is obviously spending and it's about spending responsibly. I like to buy clothes, I'll admit I'm a shopaholic.

There's nothing wrong in that. What are you going to do for your 24th birthday? Another bottle of Ace of Spades?

Nah, I think I'll come [to New York] and have a quiet one at a restaurant. I'll go to like Lavo or Tao , somewhere like that.

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IMPACT Reclaim Project Zero Good News. MORE Books Candidate Confessional College Crime Divorce Eat the Press Education Green Outspeak Religion Small Business Sports Teen Weddings. Alex Hope, Year-Old Millionaire, Arrested In UK For Trading Scheme. Here's what Hope had to say when he visited HuffPost last week, before the arrest news broke.

Forex firm shut down for fraud reopens in same building | belucydyret.web.fc2.com

So luck doesn't come into the equation? What happened the night you bought the Ace of Spades? What's your response to all the criticism? How much are you actually worth? Hope told The Huffington Post that he taught himself the amount of Economics he would learn at a three year university course in the "space of about a year. Harry Bradford Associate Editor, HuffPost Business and HuffPost Small Business. Alex Hope Uk Uk Foreign Exchange Trader Alex Hope Arrested Alex Hope Foreign Exchange Trader Alex Hope Trader.

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