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The Polish branch of the LCG broker is closed
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The Polish branch of the LCG broker is closed

created Paweł MosionekJune 20 2016

As a result of recapitalization within the structures of the LCG broker (London Capital Group - a company listed on the British stock exchange), the Polish branch with its seat in Warsaw is closed with immediate effect. This does not mean that the accounts of Polish customers will be closed, but only the central department will handle them. The reasons for these changes can be attributed to financial problems - the company's profit in 2015 decreased by 32% (year on year).

The official content of the recapitalization communication is available on the London Stock Exchange.

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.