LCG Review 2021
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| London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere. | ||
LCG is broker that gives traders access to CFD, Forex, Stocks and Futures. LCG allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, LCG has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.
LCG is regulated by the FCA here in the UK. The FCA is known to be a strong and dependable regulator, which should reassure traders that their funds are safe.
LCG Summary
London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere.
Ratings
| Bonus | None |
|---|---|
| Instruments | CFD, Forex, Stocks, Futures |
| Demo Account | ✓ |
| Min. Deposit | 0 $/€/£ |
| Min. Trade | Lots vary by asset |
| Regulated By | FCA |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✗ |
| Auto Trading | ✗ |
| Trade Signals | ✗ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✗ |
CFD Trading
| Leverage | 1:30 |
|---|---|
| FTSE Spread | 1 pt |
| GBPUSD Spread | 0.5 pips |
| Oil Spread | 3 pips (Variable) |
| Stocks Spread | 0.3% Var |
Forex Trading
| GBPUSD Spread | 0.5 pips |
|---|---|
| EURUSD Spread | 0.3 pips |
| EURGBP Spread | 0.4 pips |
| Assets | 60+ |
FAQ
Is LCG Safe?
Yes, most likely, as we gave LCG a trust score of 70% in our review. The main positive factor in this score is that LCG is regulated by our own FCA here in the UK. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does LCG Accept PayPal?
No, LCG does not accept PayPal payments.
Is LCG Halal?
Probably not, as LCG does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
What trading platforms does LCG support?
LCG only supports the MetaTrader 4 trading platform at this time.
Is LCG Regulated?
Yes, LCG is regulated by FCA. Being regulated by the FCA is the best possible case for UK traders.
LCG vs Other Brokers
If you want to compare LCG with other brokers, use the detailed comparisons below.
LCG vs |
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| London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere. | ||