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London Capital Group FX (LCGFX)
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London Capital Group FX (LCGFX)

  #1 (permalink)
Trading Apprentice
Vancouver, Canada
 
Futures Experience: None
Platform: None
Favorite Futures: FX?
 
Posts: 11 since Feb 2012
Thanks: 0 given, 0 received

London Capital Group FX (LCGFX)

Anyone have experience with LCGFX? Forex (FX) Trading | Forex Trading Account | LCG FX I've read some solid reviews about them.

This is not mine but one of the posts I've gathered:

- a tier 2 broker
- Min deposit is 20k
- Good liquidity (JP Morgan)
- Great spreads/commission
- Big and safe company (The person who gave these notes said they knew someone with over a million and was able to withdraw it without any problems)

Scalping isn't necessarily my goal but I am definitely interested in the possibility or researching high-probability automated trades, I wouldn't hold overnight and I'm not interested in crazy leverage, 20:1 is good enough right now.

Any feedback is welcomed

Thanks!

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  #2 (permalink)
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  #3 (permalink)
Elite Member
London
 
Futures Experience: Intermediate
Platform: Multicharts, NinjaTrader, ESignal
 
Posts: 38 since Dec 2009
Thanks: 9 given, 26 received


Hi,

They're a reputable company. They've a number of companies providing spreadbetting/CFDs etc, you can find this on their website - Online trading services | London Capital Group | LCG. They've been listed on the AIM market for a number of years, it's a secondary market where small cap companies trade. I think they're market cap is c.£50m but could be wrong on this. They've links via white label with nearly all the UK stockbrokers and I've not heard anything bad about them in terms of risk (look up Worldspreads, which was in the news for last few weeks).

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  #4 (permalink)
Trading Apprentice
Vancouver, Canada
 
Futures Experience: None
Platform: None
Favorite Futures: FX?
 
Posts: 11 since Feb 2012
Thanks: 0 given, 0 received


RabC View Post
Hi,

They're a reputable company. They've a number of companies providing spreadbetting/CFDs etc, you can find this on their website - Online trading services | London Capital Group | LCG. They've been listed on the AIM market for a number of years, it's a secondary market where small cap companies trade. I think they're market cap is c.£50m but could be wrong on this. They've links via white label with nearly all the UK stockbrokers and I've not heard anything bad about them in terms of risk (look up Worldspreads, which was in the news for last few weeks).

I've only heard that 'they're a reputable company', them being with Currenex seems really good but since I'm rather new, I'll take it slow. Do you use them, have you in the past? I noticed you are in London.

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  #5 (permalink)
Elite Member
London
 
Futures Experience: Intermediate
Platform: Multicharts, NinjaTrader, ESignal
 
Posts: 38 since Dec 2009
Thanks: 9 given, 26 received

I've not used them personally but know several people who have & they've no complaints...slippage practically non-existent & they're prompt sending funds back to you (always a good sign!)

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  #6 (permalink)
Trading Apprentice
Türkiye
 
Futures Experience: Advanced
Platform: mt4
Favorite Futures: eur/usd
 
Posts: 1 since Sep 2012
Thanks: 0 given, 0 received

help


RabC View Post
I've not used them personally but know several people who have & they've no complaints...slippage practically non-existent & they're prompt sending funds back to you (always a good sign!)

I have just came accross your post about LCGFX. I used to use their mt4 platform for market watch. but now they closed all their turkish accounts. all my research system are based on their data (their .fx extension data). right now I am looking for someone who use LCGFX. I just want to watch it no trades at all so what I want is real account investor password. I know this sounds weird but I am kind of desperate right now. If you know someone let me watch their platform i am ready to pay for it. please let me know if you can help me out.

Serdar BALCI

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