LCG vs Oval X
LCG or Oval X – which is better for UK traders 2024? Compare LCG and Oval X in this detailed breakdown of their platforms, features and fees.
| LCG | Oval X |
|---|---|
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| LCG is ranked #97 among CFD brokers. | Oval X is ranked #97 among CFD brokers. |
| London Capital Group was established in 1996 and is regulated by the FCA and CySEC. Today the firm is a popular CFD and spread betting provider, with $20+ trillion in executed trading volume, 24/5 customer support, and a number of industry awards. |
Oval X has closed or no longer accepts UK clients.
Oval X are a London based, FCA regulated broker offering tight spreads across a wide range of markets. They offer professional client services for eligible pro clients, and free guaranteed stops on the TraderPro platform. Trade the most popular 250 share CFDs with zero commission. |
| Pros | |
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| Cons | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| CFDs, Forex, Stocks, Futures | CFDs, Forex, Stocks, Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | £250 |
| Payment Methods | |
| Minimum Trade | |
| Lots vary by asset | £1 |
| Regulator | |
| FCA | FCA, CySec |
| Mobile Apps | |
| iOS and Android | |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| No | No |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | No |
| CFD | |
| Trade thousands of CFDs on reliable trading software. Leverage up to 1:30 is available in line with regulatory restrictions. Beginners can also utilize the firm's training videos. | |
| Leverage | |
| 1:30 | 1:30 |
| FTSE Spread | |
| 1 pt | 1 pt |
| GBPUSD Spread< | |
| 0.5 pips | 0.9 |
| Oil Spread | |
| 3 pips (Variable) | 0.06 pips |
| Stocks Spread | |
| 0.3% Var | From 0.5% |
| Forex | |
| LCG offers 60+ major, minor and exotic currency pairs on MT4 or LCG Trader. Leverage is available up to 1:30 with average spreads of 1.5 pips on key currency pairs. | |
| Assets | |
| 60+ | 65+ |
| GBPUSD Spread | |
| 0.5 pips | 0.9 |
| EURUSD Spread | |
| 0.3 pips | 0.6 |
| EURGBP Spread | |
| 0.4 pips | 0.9 |
| Cryptocurrency | |
| Trade 5 Cryptocurrencies, and BTC against USD, GBP or EUR. Margin is tiered from 50% | |
| Spread | |
| BTC Market Spread + 10, ETH Market spread + 8 | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| LCG | Oval X |
| More Comparisons | |
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LCG vs |
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