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Anyone have info on Price Markets?

  • Post #1
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  • First Post: Edited 4:23pm Feb 4, 2015 3:26pm | Edited 4:23pm
  •  TheBodyguard
  • | Joined Mar 2012 | Status: Be Like water | 89 Posts
Anyone here Have any dealings with PriceMarkets ?

I would like to hear from anyone that has an account with them currently.

The Information below is what I can find concerning them, London Capital Group (LCG) & :


Price Markets
6 Devonshire Square
London EC2M 4AB
United Kingdom

Revenue: $1 mil. - $5 mil.
Employees: 10 - 20
Company Description: Price Markets, which is a trading name of 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 no restrictions on scalability. This model has allowed the business to grow rapidly since the launch of its first online business in 2003. Today we facilitate over 70,000 clients and offer a wide variety of financial trading products and platforms for retail, professional and institutional investors. Our parent company London Capital Group Holdings plc is listed on the London Stock Exchange and an established member of the 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 the UK and Europe as well as managing our global operations.



London Capital Group Holdings plc provides spread betting and contracts for difference (CFD) products on financial markets to retail and professional clients. It also provides foreign exchange trading services to institutional clients and retail brokers and derivatives broking services to institutional customers. Its segments include Financial spread betting (FSB), UK; Contracts for difference (CFDs), UK; Contracts for difference (CFDs), Australia; Financial spread betting, Gibraltar; Institutional foreign exchange, and Institutional brokering. The Company has a derivatives broking division offering execution and clearing services for futures and options on fixed income, index and single stock products. In November 2013, London Capital Group Hldg PLC completed the sale of ProSpreads Limited to Apostar Holdings Limited.


Directly From PriceMarkets site https://pricemarkets.com/are-you-regulated/

Yes, Price Markets Prime Brokerage is a trading name of VT International (VTI) which is authorised and regulated by the Financial Conduct Authority (FCA Registered Number 497263) and the Australian Securities and Investment Commission (ASIC).
Registered address: 3rd Floor, 80 Cannon Street, London, EC4N 6HL, United Kingdom.

https://www.fsa.gov.uk/register/firmRefSearch.do Velocity Trades FCA/FSA Information (actual site)

http://screencast.com/t/OZuGJfYVUlK Velocity Trades FCA/FSA Information (Screenshot)

http://www.velocitytrade.com/industr...ditations.html Velocity Trade International Limited Industry Memberships & Accreditation's (site)

http://screencast.com/t/9iq5M0CURLtK Velocity Trade International Limited Velocity Trade International Limited Industry Memberships & Accreditation's (ScreenShot)
  • Post #2
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  • Feb 4, 2015 4:09pm Feb 4, 2015 4:09pm
  •  tylerbose
  • Joined Oct 2011 | Status: don't trade like i do | 485 Posts
Quote
Disliked
Price Markets, which is a trading name of London Capital Group

the whitelable of a whitelable. isn't LCG part of betclic ? (yes the gambling company).

i wouldn't advise working with them.
i lose money for a living
 
 
  • Post #3
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  • Feb 4, 2015 4:25pm Feb 4, 2015 4:25pm
  •  TheBodyguard
  • | Joined Mar 2012 | Status: Be Like water | 89 Posts
Quoting tylerbose
Disliked
{quote} the whitelable of a whitelable. isn't LCG part of betclic ? (yes the gambling company). i wouldn't advise working with them.
Ignored

Thanks for the response Tylerbose

What have you seen or heard about pricemarkets that you would advise me not to deal with them ?
 
 
  • Post #4
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  • Feb 4, 2015 4:31pm Feb 4, 2015 4:31pm
  •  TheBodyguard
  • | Joined Mar 2012 | Status: Be Like water | 89 Posts
http://www.londoncapitalgroup.com/ London Capital group
 
 
  • Post #5
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  • Feb 4, 2015 5:31pm Feb 4, 2015 5:31pm
  •  tylerbose
  • Joined Oct 2011 | Status: don't trade like i do | 485 Posts
Quoting TheBodyguard
Disliked
{quote} Thanks for the response Tylerbose What have you seen or heard about pricemarkets that you would advise me not to deal with them ?
Ignored
depends how much you have, man.

for under 25k i'd say Oanda, Axitrader or Pepperstone.
for over 25k you can have Vcap and Baxter..... (tire 2 broker) thats some serious shit.
for 500k and up, id go for Hotspot, Marex Spectron, EBS..... or directly with your bank. now thats big boy tier, you can't find any better.

last time i checked (few years ago) Vcap and Baxter required a minimum of 25K, dunno if its the same, you should check em.
as for Hotspot, the minimum was 1Mil.
i lose money for a living
 
 
  • Post #6
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  • Feb 4, 2015 6:02pm Feb 4, 2015 6:02pm
  •  TheBodyguard
  • | Joined Mar 2012 | Status: Be Like water | 89 Posts
Tylerbose

I would rather open an account in the $10,000 range since I just got burned badly from BT Prime and at this point am a little gun shy about all these brokers.

Currently have a pepperstone account but am un willing to fund it at this point because I hear so many conflicting reviews.

BT Prime was perfect for me in many ways Trading ,Spreads ,execution, fees, outgoing wires etc were all excellent. Traded with them for years.

But now since they entered into bankruptcy my deposit looks like its going to take a while to head back to me.

I just want a normal broker so that I can get back to trading.
 
 
  • Post #7
  • Quote
  • Feb 4, 2015 6:31pm Feb 4, 2015 6:31pm
  •  tylerbose
  • Joined Oct 2011 | Status: don't trade like i do | 485 Posts
Quoting TheBodyguard
Disliked
Tylerbose I would rather open an account in the $10,000 range since I just got burned badly from BT Prime and at this point am a little gun shy about all these brokers. Currently have a pepperstone account but am un willing to fund it at this point because I hear so many conflicting reviews. BT Prime was perfect for me in many ways Trading ,Spreads ,execution, fees, outgoing wires etc were all excellent. Traded with them for years. But now since they entered into bankruptcy my deposit looks like its going to take a while to head back to me. I just...
Ignored
i have an account with papperstone, but i see your point, its safer not to put all your eggs in the same bag.
if i were you i'd go with Oanda, never head a bad thing about them except people complaining about wide spreads during news (sometimes), but they don't play games as far as i know.

as for Papperstone, unless the ASIC gets involved, there is nothing.
i lose money for a living
 
 
  • Post #8
  • Quote
  • Feb 4, 2015 6:48pm Feb 4, 2015 6:48pm
  •  TheBodyguard
  • | Joined Mar 2012 | Status: Be Like water | 89 Posts
Quoting tylerbose
Disliked
{quote} i have an account with papperstone, but i see your point, its safer not to put all your eggs in the same bag. if i were you i'd go with Oanda, never head a bad thing about them except people complaining about wide spreads during news (sometimes), but they don't play games as far as i know. as for Papperstone, unless the ASIC gets involved, there is nothing.
Ignored

Problem is the Leverage with Oanda is no good its 50:1

Do you know of anyone else normal?
 
 
  • Post #9
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  • Last Post: Feb 4, 2015 6:50pm Feb 4, 2015 6:50pm
  •  tylerbose
  • Joined Oct 2011 | Status: don't trade like i do | 485 Posts
Quoting TheBodyguard
Disliked
{quote} Problem is the Leverage with Oanda is no good its 50:1 Do you know of anyone else normal?
Ignored
Axitrader
i lose money for a living
 
 
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