London Capital Group – The Best Forex Broker?
Read our LCG broker review below...
...London Capital Group (LCG) is a well-capitalized, multi-asset and financial trading brokerage company with a unique structure. LCG offers online financial trading and investment services, such as forex, stocks, commodities, metals, oil, and spread betting. Licensed and regulated by the Financial Conduct Authority (FCA) and registered on the London Stock Exchange (LSE).
LCG is a multinational brand which is used by a decentralized international branch network of companies providing corporate and institutional services around the world. The broker claims to offer instant and reliable order execution and guarantees no requotes to its customers.
Competitive trading condition
Unique research, tools and analysis
Fast execution of orders
Multilingual customer support
User-friendly trading platforms
Not available for USA traders
ECN accounts $10,000 minimum deposit
Does not support social trading
Payment methods are limited
Customer support is not available 24/7
London Capital Group Review
London Capital Group (LCG) is a global broker owned by a group of companies that service corporate and institutional services around the world. Now the company is one of the leaders in the Forex industry in terms of the quality of services offered with over 20 years of experience in the market. During this time, LCG has more than $1 billion deposits and more than $20 trillion trading volume. LCG is located in London, but also has offices in Cyprus and Bahamas. The adjusted broker with a flawless record and simple design and very responsive customer service, LCG earned a good reputation in recent years. In addition, the broker has launched a new trading platform called LCG Trader. The company is focused on promoting services across the UK and Europe, as well as managing global operations.
London Capital Group Platforms
LCG offers a modern, convenient and reliable trading platform, favorable working conditions, a high level of customer support and numerous additional services that can certainly increase the profitability of trading. LCG offers its customers an excellent LCG Trader and MetaTrader4 trading platform. LCG Trader is a next generation web-based trading platform designed to handle thousands of assets at once. Separately, we would like to celebrate the simplicity and convenience of the terminal, which attracts traders who decided to leave other brokers. The terminal is very intuitive – all the conditions are transparent and understandable. IOS and Android users can use the mobile application, since the download is absolutely free. Mobile application combines all the tools and function of the desktop version.
London Capital Group Accounts
Trading commissions depend on the account you choose, as well as on the list of spreads, leverage and minimum deposit. LCG also offers clients one of the best Islamic accounts in the forex market in accordance with the Muslim faith and the laws of Sharia.
- Classic Account – this basic type of account does not have a minimum deposit and is ideal for everyone. This allows you to trade on more than 4,000 different markets;
- Premium Account – traders who have big capital and want to trade professionally, can choose this account. This allows you to trade on more than 7,000 different markets. You will have access to additional trading tools, market analysis and personal account manager. The minimum balance in this account is $10,000. This type of account has more favorable conditions and lower spreads than a classic account.
London Capital Group Payments
You can fund your account by direct deposit to a bank account via Mastercard, Visa, Skrill and Neleller. For those who prefer traditional bank transfer, this option is also available. The withdrawal period is 1-2 business days, and the commission with credit/debit cards is 2%. The other payments methods has no charges. In addition, funds are always returned in the same method that was used for the deposit (Money Laundering Policy). LCG provides a safe service, the money of traders is stored in separate accounts separately from the company’s own funds. All transactions, both commercial and non-trading, are conducted through encrypted channels.
London Capital Group Support
At any time, if you have any questions, you can contact customer support in the chat within 24 hours, and they will explain everything you are not sure. We really consider the information on the site quite complete, but you can see yourself by contacting them directly and request them to check. LCG and customer support are available in several languages including: English, French, German, Spanish, Chinese, Arabic, Italian and others. Any customer problems will be resolved in a timely manner.
London Capital Group Conclusion
Today LCG offers a wide range of financial trading products and platforms for retail, professional and institutional investors. LCG is clearly a broker who wants to stay in the industry for a long time, not one of those companies that are in business for a quick dollar and then disappear in the blink of an eye. We trust LCG, because it is an adjustable broker, so the means of traders will always be protected. The platform itself is simple and easy to use, even an experienced trader will appreciate the possibility of trade. If you have any problems, just contact the support service, and you will be prompt and professional assistance. Trust and security are of paramount importance for LCG, so over the past two decades we have created a solid reputation as reliability and trust.
London Capital Group FAQ on the broker
1 Is London Capital Group a regulated broker?
Yes, London Capital Group is regulated by FCA, CySEC, ESMA in United Kingdom and others.
2 What trading platforms does London Capital Group offer?
London Capital Group offers the full suite of MT4, LCG Trader, Mobile.
3 What is London Capital Group maximum leverage?
Maximum leverage at London Capital Group is 1:30.
4 What methods can I use to deposit and withdraw funds on London Capital Group?
Deposits and withdrawals with this broker can be done using these methods: Bank Transfer, Mastercard, Visa, Skrill, Neleller.
5 What is the spread of the London Capital Group broker?
The spread for this broker is on average London Capital Group is 0.2 - 10 pips.
6 What’s the minimum deposit to open a Live account at London Capital Group?
The minimum deposit to open a Live account is 10 USD.
7 What cryptocurrencies are available at London Capital Group?
In this broker are the following cryptocurrencies for trading: BTC/USD, ETH/USD.
8 In what currency can I open an account with London Capital Group?
With this brokers you can open an account in currencies: USD, GBP, EUR.
9 What Trading Instruments are available at London Capital Group?
On London Capital Group, you can trade financial instruments such as: Forex, Spot Metals, Indices, Stocks, Commodities, Bonds & Interest Rates, Vanilla Options, ETFs.