LCG anything to worry about?

LutherUK

Newbie
7 0
I currently have funds lodged with London Capital Group. Their share price is doing appallingly, so bad in fact I'm wondering if it is wise still to use them as my main spread bet broker.

I've got no concerns with their execution and customer service.

I've been through the MF Global collapse, and claimed back through FSCS. I don't fancy a repeat.

Does anyone know of any reasons to give them a large swerve at the moment? Can't find anything via google.
 

counter_violent

Legendary member
9,788 2,517
I currently have funds lodged with London Capital Group. Their share price is doing appallingly, so bad in fact I'm wondering if it is wise still to use them as my main spread bet broker.

I've got no concerns with their execution and customer service.

I've been through the MF Global collapse, and claimed back through FSCS. I don't fancy a repeat.

Does anyone know of any reasons to give them a large swerve at the moment? Can't find anything via google.
Talk of tighter regulation coming out of the EU. All SB firms took a hit early Dec, revenue streams could be hit by 20%.

http://www.telegraph.co.uk/business/2016/12/06/ftse-100-falters-spread-betting-firms-plunge-30pc-city-watchdog/
 

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