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Capital Spreads is part of the London Capital Group (LCG). London Capital Group was originally setup in the mid-1990s as a proprietary trading business, under different management. In September 2002, it started trading as an institutional broker (now known as Capital Derivatives) mostly focusing on the inter-bank futures market. The new administration precipitated the launch of Capital Spreads in October 2003. London Capital Group was further floated on AIM in December 2005 and currently makes most its revenues mainly from its operations based in the UK.
LCG also uses its expertise and experience to develop White Label Partnerships and Joint Ventures with leading international brands including E*TRADE (TD Waterhouse), PaddyPower, Saxo Bank, Tradefair and PartyGaming, providing financial spread betting capability.
Tags: Capital Spreads, CapitalSpreads, LCG, London Capital Group
Posted on May 2nd, 2009 at 3:21 pm
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3.8Advantages:
tight spreads, rolling bets keep rolling without crystallising p/l
Disadvantages:
platform freezes experienced during news releases, re-quotes
I use Capital Spreads and IG Index at the moment; Capital for stocks and IG for just about everything else. Capital have very tight spreads but do tend to freeze sometimes. They also tent to re-quote. IG – have larger spreads (not much) but I have NEVER had a freeze or a request for a requote. With both of these providers ALL related orders are cancelled if you close your positions, this is important to me.
Capital Spreads also don’t have this silly sell-at-night and buy-again-in-the-morning line item stuff on their rolling bets the way some other do, and on one’s open positions page one’s exact original average cost is posted along side current price and actual p/l…so you know immediately where you stand on each open position and you don’t need side notes on your blotter or an abacus on yer desk to know whether a given position is in profit, loss or break even.
Posted on September 24th, 2009 at 6:23 pm
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4Advantages:
good competitive spreads, good market coverage
Disadvantages:
staff have a tendency to reply with canned e-mails
I have been with capital spreads for over 2 years. The platform is intuitive and easy to understand. There’s no streaming news, charts are good, and stable, but allow only a few indicators (enough for me). Spreads are tight (1pt FTSE, 1pt Dax, competitive on most other products) and margins ok. However, rejection of prices can sometimes be a problem and I wish their staff would give more personalised replies to e-mails.
Posted on December 7th, 2009 at 9:08 am
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4Advantages:
Disadvantages:
the capital spreads platform has improved a lot with the last release and i get a quick fill even when betting £30 or £40 a point in FTSE / Dax. there is still however a problem in that the platform tends to have problems when major figures come out (especially the USA)
Posted on January 13th, 2010 at 10:33 am
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4Advantages:
very tight spreads, great for trading FTSE shares
Disadvantages:
platform can be slow to load
the platform revamp has fixed many problems and I’ve started using Capital Spreads again!
Posted on February 22nd, 2010 at 9:29 pm
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4.3Advantages:
good execution and spreads
Disadvantages:
limited charting, wish they have live support
I use Capital Spreads for trading shares and I love them. Tight spreads and dividends are immediately credited to your account. Charting tools and supplementary tools might not be the best but I have Level 2 and Sharescope for that – for execution and tightness of spreads they are number 1 in my book.