London Capital Group Limited (“LCG”), which offers Spread betting and Contracts for Difference (“CFDs”) on equities, indices, commodities and FXs, is authorised and regulated by the Financial Conduct Authority (“FCA”) and listed on the London Stock Exchange.
In March 2016, LCG launched a new trading platform, LCG Trader;. LCG Trader is a standalone web-based platform which can be accessed via desktops or on mobile devices. It is fully customisable for users’ preferences. It has an advanced charting package and has a number of up-to-the-minute trading tools.
LCG not only offers execution-only service to retail clients, but also Electronic Communications Network (“ECN”). If you wish to open an ECN trading account with LCG, the minimum deposit is $10,000 (or equivalent currency) which qualifies for a “Premium Service” account. This gives you the benefit of a personal account manager who will provide you with the support of trading, whether it is over the phone or online.
Spreads vary according to the underlying financial instruments being traded. For instance, the lowest spread on a major currency pair would be one pip and 0.2 pips for market indices. Similarly, the available leverage varies according to the assets which may range from ratios of 1:40 to 1:300.
You can find a wide range of underlying instruments available on LCG Trader with just a few clicks. Order execution from the chart is simple and fast. The mobile versions are available from Google Play and the Apple Store.
If you experience difficulties, London Capital Group offers Customer Support via telephone which is available between Sunday 22:00 GMT and Friday 22:00 GMT. Live chat is also available on LCG’s website.
Note: Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved