Trusted Spread Betting Companies
LONDON, April 10, 2012 /PRNewswire/ –
In light of recent events at WorldSpreads, it is important to know that your capital
is safe when you are spread betting [http://www.capitalspreads.com ] on financial markets.
As a Capital Spreads client you can trade safely and securely in the knowledge that your
money is always protected. Capital Spreads is 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.
Client money protection
Capital Spreads (a trading name of London Capital Group) fully complies with the FSA’s
strict rules on client money 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 which holds our client money
cannot use those funds to offset against debt on any other LCG 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 goes into administration. However, each individual
client could make a claim of up to GBP85,000 under the Financial Services Compensation
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 GBP50,000 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, are fully segregated.
London Capital Group’s auditors, Deloitte LLP, undertake thorough regular reviews of
all aspects of client money segregation to provide further reassurance that our clients’
funds are safe.
London Capital Group Ltd is wholly owned by London Capital Group Holdings plc, which
is listed on the London Stock Exchange and an established member of the AIM market.
London Capital Group 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
Our websites and platforms are secured by a Thawte verified certificate which is an
industry recognised standard of security. All of our websites and trading applications are
regularly audited and tested by external security advisers.
Learn more about why you should trade with Capital Spreads
Spread betting and CFD trading carries a high level of risk to your capital and you
can lose more than your initial deposit. These trading products may not be suitable for
all investors so seek independent advice.
Capital Spreads is a trading name of London Capital Group, which is authorised and
regulated by the Financial Services Authority and a member of the London Stock Exchange.
Registered Address: 2nd floor, 6 Devonshire Square, London, EC2M 4AB. Registered Number:
SOURCE Capital Spreads