written by Alexandre2k on 12/10/2012
I decided to use capital spreads as CMC put up its margin requirement for EURCHF. I'm not really big into Spread betting so I only placed £450. However Capital Spreads debited £15 for. Guaranteed stop fee. Absolute rip-off - never saw it at CMC! Then I had an overnight fee of around £3-£4. Again, past experience with a £1,000 at CMC saw the overnight never really exceed £1-£2 for TWICE THE AMOUNT! Again- rip-off. Overall- I has a profit of £83. How much do I actually get back? A mere £64. Absolute joke. I'm going back to CMC.
written by on 14/12/2010
I have sat on a bet several times and found if you get off at a certain point, once you are off it would have gone in your favour, go back on and bet in direction it is moving it will instantly go aginst you big time, this you will never get back it would seem they bet against you so you cant win.Be WARNED.
written by on 03/11/2010
they sometimes have prices which do not appear on other platforms
-presumably when they are trying to gain the competitive edge
not surprising though as they do trade against their own clients!!! so why would you want to trade with a company that has only their best interests at heart??? do yourself a favour and go elsewhere; besides that the choice
of indicators are virtually non existent - no volume information or tick volume - nothing that could be of remote use to you!!!
written by on 07/09/2009
The spreads platform works well, although there were numerous errors and contras put through my account which were a total nightmare. When I won a couple of big trades on a spike, London Capital Group reversed the trades - but when I lost on a spike, did they reverse the trade? - guess what? You ring up to complain and get told to go away. It's all fine and jubbly if there's no fat finger problems, but as that's always going to happen, LCG can only be trusted to work to their own best interests - and the punter is hung out to dry.
Written on: 25/07/2011
Can you give evidence of the orders and time please
Written on: 17/09/2013
What do you mean reversed the trades. Am I to understand that they did not honour the trade. Was it because of their system going wrong or were the numbers reflected in the real market?
written by on 05/07/2009
My stop loss got hit many times by wipsaws, which only seems to happen on Capitalspread price action, and when I had winning position opened, many times I couldn't close them, then you ring, it takes ages to answer, then by the time they get to you and close the trade you lost half if not more of your profit!
You've been warned!
written by lorr4bs7777 on 25/06/2009
Good looking platform but thats it from capital spreads. I often find that the platform does not keep up with the market moves more so when the market has moved in your favour, no probs keeping up when it is going against you! Also things always seem to run smooth while you are not in any trades but the minute you are in one then all of a sudden there is probs with platform either it flickers open or closed or trade or i often get no trade made then all of a sudden minutes later there it is! I feel this market is not regulated enough and tooooooo many companies get away with shaddy dealings!
written by calfhey on 04/02/2008
Capital Spreads Spread betting is a very slow platform and it seems, every time there is any question of whether the company or the client gets the benefit of the doubt from a trade, it has favoured them every time.
I would suggest you look elsewhere for a better-value spread betting company.
written by on 09/01/2008
Delays in accepting and closing positions has got much worse in recent weeks. This has pretty much put a stop to quick trading encouraged by some of the the tight spreads they have such as daily FTSE 100 where the market moves fast. I will be using another account.
written by lorr4bs77 on 01/11/2007
I would not recommend Capital Spreads Betting to my friends. When you are spread betting you need a fast efficient platform that keeps up with the flow of the markets, be it with or against you. You need a platform that stays open even when the times get tough, when it goes to telephone only trading as often as they do you need to be able to get hold of them fast and close out your positions as fast as poss. And I do not have trouble with any other site but there's seems to freez way to often. I think its safe to say I DO NOT like them!
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Markduffy's Comment
Written on: 17/09/2013
That's the market. You are paranoid