London Capital Group popularly known as LCG has been in the trading market for over two decades and has been providing online trading services to millions of users.

Whenever you’re trading with the broker, you can be assured that you are working with an experienced broker that has established reputable jurisdiction in the United Kingdom and Cyprus.

The company promises competitive prices, advanced but user-friendly technology, and professional trading services for various types of users.

They also allow the user to trade on over 7000 products across 9 asset classes.

The company allows all its clients access to trade on various assets including forex, commodities, shares, bonds, interest, forex, cryptocurrencies, ETFs as well as Vanilla Options.

NCG has also received fresh approaches with capital investment which amounts to about 70 million pounds from an investment banker.

That’s, the company has adopted massive changes to upgrade the quality of the services and expand their trading range.

Now in this LCG Review, we will discuss everything about the broker.


About LCG & Accepted Countries

Founder / CEOJana Zdravecka
Established Year1996
Publicly TradedYes
Total Employees0-50
RegulationsFCS, CySEC, SCB
HeadquarterUK

LCG was established in 1996 as a financial holding company.

LCG London Capital GroupAfter a few years, the company started providing online trading services in the brokerage industry.

Today they are one of the most experienced online brokers in the United Kingdom.

  • The company has its headquarters in London
  • The company has its headquarters in England and Wales
  • The company is regulated and monitored by the FCA
  • 50-100 employees are available

LCG has received video rewards throughout the years like the best mobile trading application in 2016, best forex fundamental analysis provided in 2016, products innovator of the year 2015, best mobile trading platform 2012, and various other prestigious rewards.

For now, the company only accepts clients from the United Kingdom and Wales.


Open a Forex Trading Account Now! – Fill up the Form


    London Capital Group Trading Platforms

    Trading PlatformMT4
    Desktop Platform – WindowsYes
    Desktop Platform – MacYes
    Desktop Browser PlatformYes
    Mobile Site PlatformYes
    Android App PlatformYes
    iOS App PlatformYes
    Windows App PlatformNo
    Other Mobile OS PlatformNo
    Real-time UpdatesYes
    Portfolio DetailsYes
    Research ReportsYes
    Global IndicesYes
    Personalized AdvisoryYes
    Interactive ChartsYes
    Live MarketsYes
    Multi-Account ManagementYes
    Trading Platform Supported LanguagesEnglish, French, Vietnamese, Chinese, Italian, Indonesian, Portuguese, Spanish, Polish, Arabic, Swedish, Turkish, Norwegian, Russian, Bahasa, Thai

    LCG is known to provide two types of platform services for all its traders- LCG Trader and MetaTrader 4.

    Both of these trading platforms have specific benefits and limitations.

    So come on before making a decision, you must consider all your options and then select the trading platform.

    LCG Trader

    This is a banded version of the cTrader. Some of the exclusive benefits are:

    • Over 500 different instruments to trade on from 7 different asset classes
    • Customizable charting options
    • Valuable features include Client Sentiments and the Depth Of Market
    • The pricing is perfect acxc
    • Web-based and applicable for mobile phones also
    • Suitable for the easy traders and professional traders.

    MetaTrader 4

    • It is one of the most popular trading platforms and is well known for its high performance and reliability. Some of the exclusive advantages include:
    • The trading platform is available both for ECM account, Classic account, and Islamic swap-free accounts
    • Options for trading available on FX currency pairs, commodities, and spot metals
    • Very user friendly
    • Beginners will have a better experience
    • Available for desktop, tablet, mobile, and multi-terminal

    LCG Mobile App

    Along with the trading platforms, LCG has also developed an LCG App for all the users who want to trade on the go.

    With the help of this mobile trading application, the users can trade, check order history and perform various trading functions from any corner of the world at any time.

    All the premium features, exclusive tools, and everything belonging to the live trading account and the trading platforms is available on the mobile trading applications.

    The LCG App has been made available both for Android and iPhone users.


    Check out Mobile Apps of more Forex Brokers


    LCG Commission or Brokerage or Fees

    Commission on tradesYes
    Fixed spreadsNo

    LCG is a popular ECN or STP broker. They are the perfect matchmaker between the user, their orders, and the liquidity providers.

    That is why the company is known to charge low LCG Commission and competitive spread charges.

    Whenever a user is trading on Forex, the spread charges on the major start from 0.8 tips EUR/GBP up to 1.6 GBP/JPY pips with an average of 1.45 pips for EUR/USD.

    The LCG Commission charges directly depend on a few things; trading accounts, trading assets, and the trading account.

    LCG mostly favors the customers who use their branded cTrader trading platform.

    The easy and spread charges start from zero pips and there are no records for the traders who maintain a minimum balance of $10,000 along with the commission of $45 per $1 million traded.


    LCG Exposure or Leverage

    Maximum Leverage30;1

    Now in this LCG Review, we will discuss about the maximum limited charge for most of the products

    • major pairs extend up to 1:500 (1:200 for E U R C H F and USDCHF)
    • For Forex minus, the leverage ranges between 1:50- 1:200
    • The traders are allowed to trade with 1:100 for commodities
    • 1:40 for indices and shares.
    • For the EU traders, the leverage is 1:30 and lower for the more volatile products.

    Payment Methods provided by London Capital Group

    DepositVisa/Mastercard, UnionPay, Southeast Asia Real-time Banking, Skrill Moneybookers, Neteller
    WithdrawVisa/Mastercard, UnionPay, Southeast Asia Real-time Banking, Skrill Moneybookers, Neteller

    The company considers everything about the rigid online money transfer and thus have provided fewer restrictions thus providing better trading experiences and happier customers.

    LCG is known to be a better performer and accepts a variety of safe deposit and payment methods:

    Deposit Methods:

    Visa/Mastercard, UnionPay, Southeast Asia Real-time Banking, Skrill Moneybookers, Neteller

    Withdrawal Methods:

    Visa/Mastercard, UnionPay, Southeast Asia Real-time Banking, Skrill Moneybookers, Neteller

    The company does not charge any extra amount for depositing or withdrawing which is a big plus.


    Find out Payment Methods provided by other Forex Brokers


    Investment in Asset Classes or Markets by LCG

    Currencies TradingYes
    Commodities TradingNo
    Indices TradingNo
    Stocks TradingYes
    Cryptocurrency TradingNo
    ETF’s TradingNo
    Bonds TradingNo
    FUTURES TradingYes
    OPTIONS TradingNo
    Supported CryptocoinsNA
    Total Tradable Assets60+
    Number Of Currency Pairs20
    Number Of CryptocurrenciesNA
    Number Of StocksNA
    Number Of Indices22
    Number Of CommoditiesNA
    Number Of Futures18
    Number Of OptionsNA
    Number Of BondsNA
    Number Of ETFsNA

    Whenever you are trading with LCG, the users are allowed to trade on nine asset classes and 7,000 global markets.

    Some of the assets in which the traders can trade in are:

    • Currencies trading and stock trading is available.
    • The users trade in futures trading and are allowed to trade on 60 plus total tradable assets.
    • The number of currency pairs in which you can trade-in is about 20
    • The number of indices in which you can trade-in is 22
    • The number of futures in which you can trade-in is about 18.
    • Vanilla options, bonds, ETFs, indices, and shares are also available to trade on.

    LCG Virtual Trading or Demo Account

    Virtual MoneyNA
    ChargesFree

    Are you yet not confident about opening a live account and starting trading? No issues as LCS has developed a demo version of the live account which is called the demo account and it is available completely free of charge.

    This demo account is especially recommended to beginners.

    All the premium tools and features that are available on the trading platform and the trading accounts can be used free of charge on the demo account.

    As there are no differences when compared to the actual version, the traders can get accustomed to all the features and get comfortable before they start trading.

    The beginner-level traders can learn new skills and learn everything about the platforms.


    London Capital Group Offers or Deals

    Free Learning CoursesYes
    Free Demo AccountYes
    Discount on BrokerageYes
    Flexible Brokerage PlansYes
    Referral OffersYes
    Forex Trading ContestNo
    Trading Bonuses & RewardsNo

    Some of the exclusive offers and deals provided by the company towards its traders are:

    • Free educational and learning courses to get to learn more about the market
    • A free demo account or a virtual account to practice out Trading
    • Discount on brokerage is available
    • Flexible brokerage plans are available
    • Referral offers are available for all the affiliates

    LCG Regulation or Licensing

    RegulationsFCS, CySEC, SCB

    The London Capital Group Limited or LCG is regulated by two governing bodies, the FCA in the United Kingdom and CySEC in Cyprus.

    This type of regulation ensures that the trading company follows all the ESMA guidelines like the limit leverage, ensuring negative balance protection, and strengthening the KYC protocols.


    Find out Regulations & Licensing of more Forex Brokers


    LCG London Capital Group Features

    Educational ServicesYes
    Social Trading / Copy TradingYes
    Trading SignalsYes
    Email AlertsYes
    Guaranteed Stop LossYes
    Guaranteed Limit OrdersYes
    Guaranteed Fills / LiquidityYes
    OCO OrdersNo
    Trailing SP/TPNo
    Automated TradingYes
    API TradingYes
    VPS ServicesYes
    Trading From ChartYes
    Interest On MarginYes
    Offers HedgingYes
    Offers PromotionsYes
    One-Click TradingYes
    Expert AdvisorsYes
    Other Trading FeaturesYes

    Some of the exclusive trading features available whenever you are trading with LCG are:

    • The company provides educational services, social trading or copy trading services, trading signals, and various other features
    • Email alerts are available along with guaranteed stop-loss, guaranteed limit orders, and guaranteed liquidity.
    • Automated trading via EA is available along with API trading, VPS services, trading from a chart, and interest on margin.
    • The company also offers hedging, promotions, one-click trading, expert advisors, and various other trading features.

    LCG London Capital Group Account Types

    Take a look at the types of accounts that the company is offering:

    Account TypeECN AccountStandard (Classic) AccountIslamic Account
    Initial Deposit$10.000No minimum depositNo minimum deposit
    Spread0 pipsFrom 1.45 pipsFrom 0.5 pips
    Commission$45No commissionNo commission
    Leverage1:30its 1:301:30

    Before you start trading with LCG, you must have knowledge about the three types of trading account: ECN account

    • Standard account
    • Islamic account

    All three accounts have specific features and limitations and it has been stated below.

    Electronic Communication Account (ECN)

    All-day traders and active users prefer using the ECN account as it provides favourable pricing and directly connects to liquidity providers.

    The professional traders will favor the ECN account.

    • The initial deposit amount is $10,000
    • No spread charges
    • $45 is the commission charge
    • The leverage amount is about 30:1

    Standard Account

    • No specific initial deposit amount
    • Spread charges start from 1.45 pips
    • No Commission charges
    • Leverage charged is about 1:30

    Islamic Account

    The broker has developed an Islamic account that is swept free for all Muslim traders who have to follow Sharia law.

    • No minimum deposit or initial deposit amount
    • Spread charges start from 0.5 tips
    • No commission charges
    • Never charge is about 1:30

    LCG Trading Account Features

    Check below all the trading account features under various account types:

    Trading Desk TypeECN / STP
    Min Deposit$0
    Maximum Leverage30;1
    Mini AccountYes
    Premium AccountYes
    DEMO ACCOUNTYes
    Islamic AccountNo
    Segregated AccountYes
    Managed AccountYes
    Institutional AccountYes
    Suitable for beginnersYes
    Suitable for professionalsYes
    Suitable for scalpingYes
    Suitable for daily tradingYes
    Suitable for Weekly tradingYes
    Suitable for swing tradingYes

    London Capital Group – Research & Advisory

    Find below all the different reports and support provided by its Research & Advisory team:

    Fundamental ReportsYes
    Research ReportsYes
    Company ReportsYes
    Daily Market CommentaryYes
    News (Top-Tier Sources)Yes
    Delko’s ResearchNo
    Top PicksYes
    AutochartistYes
    Acuity TradingNo
    Company Stock ReviewYes
    Free Stock TipsYes
    WebinarsYes
    Video EducationYes
    Economic CalendarYes
    Offline AdvisoryYes
    Relationship ManagerYes

     


    LCG Benefits

    Advantages of LCG are:

    • The broker is reputed, regulated, and reliable
    • Promises a safe trading environment.
    • Negative balance protection so that the traders never lose more than the balance of their main account
    • Top financial trading instruments available for all types of transfer
    • A low-cost trading service without losing on quality
    • Provides two types of trading platforms, Richard the best available in the market
    • The commission charges and the spread charges are quite low when compared to the market

    London Capital Group Cons or Drawbacks

    • Some of the drawbacks or disadvantages of LCG are:
    • The commission charge is nearly twice as high on MT4 ($10 per 100.00$) as compared to the LCG trader ($45 per 1.000$)
    • Larger trading volumes can at times be difficult.

    LCG Trading Hours

    The UK office customer support opens from Sunday at 10:00 p.m. and closes on Friday at 10:00 p.m.


    LCG Customer Care or Contact Details

    Dedicated DealerYes
    Support During WeekendsYes
    Online TradingYes
    24*7 SupportYes
    Email SupportYes
    Live Chat SupportYes
    Customer Support LanguagesEnglish, French, Vietnamese, Chinese, Italian, Indonesian, Portuguese, Spanish, Polish, Arabic, Swedish, Turkish, Norwegian, Russian, Bahasa, Thai

    The support team is experienced, knowledgeable, fast, and helpful.

    • The UK office customer support opens from Sunday at 10:00 p.m. and closes on Friday at 10:00 p.m.
    • Email support is also available at customerservice@lcg.comSupported languages include Indonesian, Portuguese, Spanish, Polish, Arabic, Swedish, Turkish, Norwegian, Asian, Bahasa, Thai
    • A dedicated dealer is available
    • Support during weekends is available
    • Online trading support is available
    • 24×7 customer support and trading support is available
    • Live chat support is also available on the website, mobile trading application, and trading platform.

    LCG Safety & Security

    It is known that 8 out of 10 non-professional traders lose money whenever they are trading online on CFD

    However, some online brokers like LCG believe in transparency and complete responsibility. The company promises negative balance protection and the MBP authority ensures that your forex account never goes to a negative balance; protecting your funds.

    The FCA compensations also worked as an insurance and the protection available is up to 50.000 GBP.


    LCG Rating & Reviews

    Based on different users and their experiences below are the company rating and reviews:

    User Experience7.5 / 10
    Products & Services7.8 / 10
    Brokerage Charges & Fees8.1 / 10
    Research & Advisory7.2 / 10
    Trading Platforms7.1 / 10
    Overall Ratings7.6/ 10
    Star Ratings★★★☆☆
    Total Client Reviews98

    LCG Forex Trading – Conclusion

    LCG is one of the best ECN or STP online brokers.

    The company is highly monitored and regulated and with decades of experience and excellent service, it has gained a great reputation in the market.

    According to the LCG Review, the competitive spread charges and low commissions make them highly preferable among various types of traders.

    A wide choice of trading platforms, powerful trading tools, and over 7,000 markets across 9 asset classes make LCG one of the best trading companies in the market.


    LCG Forex Trader FAQs

    Here is the list of the FAQs related to the LCG Forex trader:

    Is LCG Safe for Trading?

    The broker is monitored by the FCA and also offers negative balance protection.

    The company also promises insurance so that the traders won’t lose any funds. The client data is also safe as it is encrypted.

    What is the Commission for LCG?

    The commission amount varies depending on the type of asset class or the account type that the trader is using.

    The easy and spread charges start from zero pips and there are no records for the traders who maintain a minimum balance of $10,000 along with the commission of $45 per $1 million traded.

    How to Open a Trading Account with LCG?

    1. You need to visit the official website
    2. Click on the open and trading account
    3. complete the application form and click on submit
    4. Now you will have to complete the KYC verification after which your trading account will be activated and the details will be sent to your email.

    Can I invest in Cryptocurrency with LCG?

    No, LCG does not allow its traders to use cryptocurrencies for trading.

    This is a negative point of the company as the users who prefer Bitcoins cannot trade via LCG.

    What leverage does LCG provide?

    The leverage amount depends on 3 specific factors like trading account, asset class, and the trading terminal which you are using.

    The leverage is variable. The maximum leverage amount is about 1:500.

    Does London Capital Group have a trading app?

    Yes, London Capital Group has developed a mobile trading application that is available both for Android and iPhone users.

    This mobile trading application is exclusively available for all users who like to trade on the go.

    How to contact LCG customer care?

    Customer care is available 24×5 and you can contact them via email support, call support, or the live chat feature which is available on the official website and the trading tools.

    Is LCG Regulated?

    Yes, the company is regulated by FCA which promises negative balance protection for all the customers and also insurance against the customer funds.

    Is LCG good for Beginners?

    Definitely, LCG is good for beginners as the user interface is user-friendly, has a demo account for practicing trading and the standard account has been exclusively developed for beginners.

    Who founded LCG?

    LCG was founded by Jana Zdravecka in 1996 and has its headquarters in London, United Kingdom.


    Open a Forex Trading Account Now! – Fill up the Form


      Learn everything about Forex Trading


       

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      24 + 9 =

      Invest in Forex at Zero Brokerage Open Forex Account