Tradefair is funded by and is part of the Betfair Group, the world's largest online betting exchange. Betfair floated on the London Stock Exchange (BETF.L) on 22nd October 2010 at £13, valuing the company at £1.4bn.
You can trade safely and securely in the knowledge that your money is always protected with us.
We are backed by a leader in the financial spread betting market, giving retail customers access to a range of financial products, with low margin requirements and tight spreads.
To ensure complete protection and security, all client money is safely held in segregated accounts in accordance with the Financial Conduct Authority’s client money rules.
London Capital Group (LCG) fully complies with the strict rules on client money set down by the FCS so our retail clients can rest assured that their funds are fully segregated and ring fenced. This means that not only funds deposited with us but total net available funds (the net position on any open trades calculated on a mark to market basis plus account balance) are held completely separately from our own. Consequently, any money which we hold for our clients would not be used to satisfy the claims of any creditors should they arise. Even the bank cannot use the funds to offset against debt on any other bank account.
The segregation of client money from the firm’s money does not protect the client if the bank that holds the client money bank account goes into administration. However, each individual client could make a claim up to £85,000 under the Financial Services Compensation Scheme (FSCS).
In the very unlikely event that London Capital Group was to go into liquidation and there was a deficiency in the client money bank accounts, individual accounts are covered by the FSCS, up to a £50,000 maximum per client.
London Capital Group conducts daily financial resource calculations to ensure that it has adequate regulatory capital at all times. At the end of each day our segregated funds accounts are rebalanced to ensure that all clients’ available funds (balance on their account plus valuation of open positions), as at midnight that day, is fully segregated.
LCGs' Auditors, Deloitte LLP undertake thorough regular reviews of all aspects of client money segregation to provide further reassurance that our clients' funds are safe.
Our parent company London Capital Group Holdings plc is listed on the London Stock Exchange and an established member of the AIM market.
LCG is a very well capitalised and completely debt free organisation with an exceptionally high tier one capital ratio of well in excess of 100%. This means that the ratio of our core equity capital to our total risk weighted assets is incredibly strong.
Our website and platforms are PCI compliant and secured by a Thawte verified certificate which is an industry recognised standard of security.
London Capital Group (LCG) is a leading provider of online trading services. The business’s success has been driven by its dynamic approach to the industry and by building a business model that operationally has minimal restrictions on scalability.
This model has allowed the business to grow rapidly since the launch of its first online business in 2003. Today LCG has over 70,000 clients worldwide and offers a wide variety of financial trading products and platforms for retail, professional and institutional traders.
LCG’s parent company, London Capital Group Holdings plc, is listed on the London Stock Exchange’s AIM market. Our head office is located close to Liverpool Street at the heart of the City of London, the biggest and most diverse financial centre in the world. From here we concentrate on promoting our services across across the UK and Europe as well as managing our global operations. We also operate subsidiary units in Gibraltar and Australia.
For more information about London Capital Group please visit the group website www.londoncapitalgroup.com