LIVE Traders - LCG -London Capital Group FX

[Jessika]

Hi,

Anyone who trades FX with LCG -London Capital Group FX ?

I would be quite curious to hear your experience as I am considering them as one of my option to move also.


If you were able to supply also how long you've been with them that would be greatly appreciated.

[nipol]

Hello ,

I am not sure if nobody is too enthusiastic about LCG - but it appears to me there are not so many people using them who come into such a forum.

I am actually quite curious about them - but it appears to me a bit more difficult to find the essential information - in contrast to other brokers that have all apparently on a web-page for easy accessibility.

HI M_j,

You're right about the information. The only approach to research would be currently sending emails to them, but they answer.
I just need reliable broker (who does not) with MT4.

[Pilamiya123]

I only start looking into a live LCG account#65288;zero balance not able to trade#65289;#65292;the spread and liquidity are almost the same with IB.
leverage 100. Commission $15/M.
I think it's going to be a very good selection or try!
Ps: I am a scalper #65292;spread commission are the main things for me personally.

[Jessika]

I think it'll be a very good selection or attempt!

I just needed some email contact with them but they've definitely some things I am thinking about:

EUROPE Based - provide rather a lot of platform connectivity - price appears to be also okay.

The one thing I really missed that I couldn't find much information about them anywhere?

For me it's still a bit too early to make any final decisions - but I am in the process of testing with MB Trading first.

I obtained also info from Dukascopy they expect to get their license 1Q 2010.


Good mind, or anyone else,

When you have more information (such as demo trading or perhaps live) about LCG - I am quite curious to here of your experience.

[Pilamiya123]

I am sure MBT a bad decision#65292;because of its GBP spread a enormous disadvantages.
I have traded with IB annually#65292;it's good #65281;
From the perspective of dwell account #65292;LCG includes a little better spread in E/U,A/U,U/J#65292;in comparison with IB.
I am thinking to give LCG a try#65292;but not understanding its implementation.

[Mm]

Any idea of the deposit ammount?

[Mikes]

I do not have any difficulties with LCGFX; I love the spread, commission and support.

Deposit is 50K, but Im sure you are able to negotiate down that...

[Pilamiya123]

As stated by the LCG 2008 yearly report#65292;there are just 400 institutional and professional clients .
Less clients maybe means better service#65292;much more professional.
LCG is running a spreadbetting company#65292;plus they do not provide segregation account.
That is bad for a professional client.

[Mikes]

According to the LCG 2008 annual report#65292;there are only 400 institutional and professional customers .
Less customers maybe means better service#65292;much more professional.
LCG is running a spreadbetting company#65292;and they don't offer segregation account.
This can be poor for a professional customer.

LCG is running more fiscal bussineses, one of these is indeed spreadbetting, next to true Interbank Spot Forex (tier 2 PB).

Their spreadbetting pro is great also, nice speedy feed, superior spreads. . .especially the Forex and no commission ofcourse. I dont like the port for scalping.

[Jessika]

I don't have any issues with LCGFX; I really like the distribute, commission and support.

Deposit is 50K, but Im sure you can negotiate that down...

My last info I got regarding first deposit was 20k per account.