LGL vs. Others
About Us

Trying to select an online currency trading firm? Here, we present a no-holds barred explanation of LGL's advantages over competing firms.



Execution
Our one click dealing allows clients to deal directly from real time, streaming quotes. The operation ensures the fastest execution among ANY online Forex platform. Normal execution times are within seconds, which eliminates the slippage and re-quoting so common at other firms.

LGL's trading platform is completely anonymous. LGL publishes one bid/offer to the client base and allows any client to deal on the available price. There is no manipulation of prices to different clients.


Dealing Spreads
LGL is committed to offering competitive dealing spreads. At the same time, due to our unique dealing practice of allowing clients to deal directly from live quotes, our spreads always accurately reflect available Interbank liquidity.

All online FX brokers must source liquidity from the interbank market, and dealing spreads should always reflect available market liquidity. Firms that always offer extremely narrow dealing spreads are likely compensating the disparity between their spreads and the current available Interbank rates through re-quotes.

Liquidity
LGL: Consistent liquidity under all market conditions
As a market maker, LGL's responsibility is to provide liquidity and act as the counterpart to our clients' transactions. Even in fast moving markets, we consistently make tight, aggressive prices on trades from $100,000 to $10,000,000 or more. You can always deal directly from our published bid/ask quotes, and normal execution times are sub one-second.

Others: Barriers to exit
Overall, the liquidity of the FX market is far superior to that of other financial markets. However, in times of high market volatility, liquidity can be a concern for forex traders.

FX matching systems (ECN's) cannot match the liquidity available on LGL's platform. Users of a matching system must rely on other users to provide liquidity to the system - to accept your offer to buy or sell. A trader using a matching system not only has to worry about getting a bad fill in times of market volatility, but also about there being sufficient resting orders to easily get out of a position.

During normal market conditions this may not have any significant impact on your profit potential. However, in times of market volatility there is a real possibility that you will not be able to open or close a position before the market moves against you.


Leverage
LGL facilitates client with high leverage ranging 1% to 2%.

However trading at high leverage always carry a higher risk, clients are advised to trade on their own financial capability.

Interest
LGL: Interest paid on all client funds
Client funds maintained in a non-segregated account earn interest on deposited funds not used as posted margin - regardless of account size or trading activity. Furthermore, LGL pays interest via overnight roll points when you should be earning it. And when the currency pair order of a trade requires you to pay overnight interest, LGL will make tight, aggressive overnight roll spreads.

Others: Caveats
Many firms will only pay interest once a client's account reaches a certain size (for some this can be as much as $50,000). Another common practice is a rollover policy whereby the client always pays forward points on an overnight roll, even if they are long the higher-yielding currency and should be earning interest on the roll.


Management
LGL's senior management is a group of highly respected investment professionals, with an average of 18 years capital markets experience and expertise in both financial and Internet technologies. LGL's trading team is an equally prestigious group, with an average 15 years of experience trading forex at well-respected firms.

The experience of this group is essential to managing both a rapidly growing business as well as a 24-hour trading operation that executes billions of dollars in transactions each month.


*LGL performs tests for execution time. We measure the time from an order was submitted until the order was filled and confirmed online. On average, the time taken for execution is in a fraction of a second.