This is actually good news for the traders who will be using the site. It will give them enough access to the big list of personalized indicators, automated trading software and even technical analysis tools as well. You have to keep in mind that not every broker has the flexibility being offered by this firm to their clients. The proprietary PF is known as the LCG trader which is the widest choices of personalized software with great charting packages too along with the tools to help the users analyze the market even better. This is what they call the one click traders that are probably to use along with the trailing stops hedging as well as scalping methods. There are also probabilities to open up a full kind of ECN along with STP accounts that offers the traders entrée to most of the trading levels. The LCG is a subsidy of the LCG holdings. It is listed in the stock exchange of London. They are specializing in giving online trading services for the CFDs along with the forex to retail traders. It was controlled by the FCA in UK and duly registered. The company is focused in the renewable energy traders, so more respectable things are expected to come out of the business alterations being applied by the new team in charged in the management. When it comes to the account types, the LCG also offers 2 kinds of trading accounts for all the customers. There is a standard trading account along with a premium trading account. When it comes for the standard trading account, there is no smallest deposit required. All the traders just need to deposit a minimum amount of money.
That is to cover for the margin requirements for the traders. The standard account will enable the traders to easily access variety of markets to not more than 4k. In this company, the traders will get a more customized type of trading experience. They can get a premium trading account. In this kind of account, the user can have enough access to the widest variety of trading tools along with a high-quality market analysis too that’s dedicated in giving attention coming from a personal account manager. That is to be able to get the premium services plus of course the £25,000 in their accounts.
When it comes to the spreads and commissions, there is a widely ECN and STP broker too. The spreads in which the traders can get very inexpensive interbank rates. The spreads which are normally billed by the company will depend much on the assets that are traded for. For instance, the minimum spreads on the primary start from 1 pip and for the market indices, the minimum amount of spread may start from .2 pips. The available leverage may depend on the asset and that may range from 1 to 40 to 1 to 300. If you need help from the CSR, the customer support team is available 5 days a week during office hours and that is UK time zone. You can also send emails to the staffs, but it is your choice to have a live chat if you need immediate help.
Gone are the days of leaving the trading at home when you need to go out of the house. Most of the people nowadays are using their mobile devices, so why not have the PF available in mobile platforms for trading? This company offers their PF in mobile platforms too. You can access and open your accounts and be able to use all the functionality of the PF using your mobile device. You can also download the apps from the online shops and be able to trade and monitor your trades too using your device. When it comes to the spreads, cost of transactions and even margins there is one essential aspect of trading is the spread. This is meant for the traders that are active. The good news is that the LCG offers you the lowest spreads when it comes to retail brokers. That maybe because of the admission to the huge liquidity providers.
As a whole, the LCG is one of the favorite broker companies due to its flexibility and quick customer support. There is something that must be considered about them. You will be needing the help of their customer support team and they are available 24/7.
There are 2 dissimilar trading accounts at the LCG and there is no minimum deposit required for them. The spread betting account now provides more than 4k markets over the FX indices, commodities and even shares with the tightest spreads in a wide range of global markets. Those who have CFD accounts will enable the traders to trade the CFDs in more than 4k variety of markets through tight spreads on UK100, Euro and dollar and Brent Crude too. These financial records can be cast-off as your demo accounts and that will be good for 1 month. The LCG will not accept US clients, but you can set up a foreign currency accounts for it.