LEK securities

Discussion in 'Retail Brokers' started by riskreward, Oct 9, 2011.

  1. Has anybody had recent experience with Lek securities? I'd appreciate any info. I've seen some feed back from '06, just wondering if anybody has recent experience.
  2. ASE1245


    I think they only have broker dealers as clients. Sam Lek has been in business for a long time. Good guy, tough business man. Wears a bow tie. Self clearing, not sure how much capital he has.
  3. ASE1245


  4. Thank you for replying. I looked through that focus report. My accounting is rusty but it looks OK. Are you a customer?
  5. ASE1245


    No, I work for an Introducing Broker. We don't do business with Lek. Lek a small well run firm that deals mostly with prop firms. We are not a prop firm.I'm not great at reading these either. Looks like their capital is around $12MM. That makes them very small for a clearance firm.

    What were you hoping to do with them? Are you joining a prop firm that clears them?
  6. I'm thinking of joining them as a customer. My other choice is Vision. I've heard too many rumors about Penson so I'm looking for a straight customer account at a good firm with financially stable clearing.