LCG Consolidates its Capital Spreads and London Capital Group Brands

London Capital Group has announced the consolidation of its brands under a single umbrella. The company has brought together Capital Spreads and London Capital Group under the LCG.com brand.

After a period of restructuring, LCG is launching a new push into the retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs trading market with the launch of its new proprietary Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, LCG Trader. The company has announced in a statement that it will be initially aiming at the UK market. The firm is strongly committed to a new trading platform ranging across different operating systems.

Commenting on the announcement, the CEO of LCG Charles Henri Sabet said: “Our aim was to evolve the business from its strong reputation and heritage as a retail-facing spread betting provider into a global powerhouse in the online trading space; the launch of LCG.com and LCG Trader is a big step towards achieving that.”

After initial marketing efforts focusing on the UK market, the company will extend its target to the broader European and Middle Eastern markets. The company has recently established a new subsidiary in Israel which will focus on online and affiliate marketing.

The brokerage has appointed Amedeo Moscato as CEO of the LCG Digital LTD subsidiary that will oversee all digital marketing and affiliate business of LCG globally. A year and a half after Charles Henri Sabet stepped in with GLIO Holdings to obtain a majority stake in the company, the restructuring efforts and the senior executive team revamping are set to expand the brand.

Looking at the platform, the LCG Trader universe will consist of a web version accessible through LCG.com, and iOS and Android apps for mobile access.