CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Professional Trading

Professional Clients Leverage Information

We are aware that some clients may wish to apply to upgrade from retail to professional.

Please read the information below carefully and if you think that you qualify as a Professional trader then follow the link provided in order to begin the application process if you wish

The European Securities and Markets Authority (ESMA) announced its decision to implement intervention measures which include restricting leverage available to retail clients to between 30:1 and 2:1, according to the volatility of the underlying asset traded. These changes were implemented on 1st of August 2018.

These restrictions do not apply to professional clients. While lower margin rates will be available to professional clients, it is important to note the risks associated with this.

Protections you keep

Segregation of your money

LCG Limited (hereinafter as “LCG UK”) will hold and maintain an amount equal to your account value for each account you hold with us in a segregated client money bank account unless both parties agree to Title Transfer of funds under separate documentation

Financial Services Compensation Scheme/ Investor Compensation Fund

As an individual, you are eligible for FSCS protection on up to £85,000 that you hold with us if you are registered under LCG UK.
protected.fscs.org.uk

 

Financial Ombudsman Service

As an individual (consumer) and client of LCG UK, you may be able to use the FOS should you not be satisfied with the outcome of a complaint to us. 
www.financial-ombudsman.org.uk

Right to request a different categorisation

You retain the right to request a different categorisation at any time, for example if you wish to be afforded a higher level of regulatory protection.

Protections you lose

Risk warnings

LCG UK is not required to provide you with the current risk warnings we must provide to retail clients or any standardized risk warning that is introduced in future in relation to transactions in complex financial products.

Leverage restrictions

LCG UK is required to restrict leverage to between 30:1 and 5:1 on the products we offer to retail clients. Higher leverage available to professional clients can work against investors and losses can exceed deposits.

Negative balance protection

Retail clients benefit from negative balance protection that has been introduced by ESMA. However, this functionality will not be available to professional clients whose accounts may fall into deficit.

Conduct of Business

Some Conduct of Business rules such a client communications and order execution may differ from those provided to retail clients.Professional clients are also expected to have an assumed level of understanding