Reviewed broker: LCG London Capital Group
Location: UK
Regulation: FCA
Established in 2005
USA traders: not accepted
LCG Review : Trading Features
LCG clients can choose to trade a wide variety of currency pairs including majors, minors, Australasian, Scandinavian and exotics.
Trading with leverage means that not as much capital is needed to trade. This gives forex traders the opportunity to increase position size, amplifying potential gains and losses.
LCG’s competitive forex trading pricing with spreads as low as 0.8 pips allows you to take advantage of more FX market opportunities.
With a guaranteed stop-loss order you can protect your forex trading against significant market fluctuations.
With advanced orders you can set multiple profit targets or move your stop loss to breakeven automatically.
Currency pairs: 60+
Trading instruments: forex, metals, oil and soft commodities
Fast execution: yes
Trading accounts: Classic, ECN
Islamic accounts swap free: yes
Minimum trade size: 0.01 lot
Maximum leverage: 1:500
Spreads: as low as 1.6 pips
Market | Min spread | Sell | Buy | Change |
---|---|---|---|---|
EURUSD | 1 | 1.12849 | 1.12863 | -0.20% |
GBPUSD | 1 | 1.25076 | 1.25089 | +0.13% |
USDJPY | 1 | 107.684 | 107.705 | +0.28% |
AUDUSD | 1 | 0.69357 | 0.69372 | -0.53% |
EURCHF | 1.2 | 1.06487 | 1.06527 | -0.03% |
EURGBP | 0.8 | 0.90218 | 0.90229 | -0.33% |
Demo account: available for 30 days
ECN account requirement: maintenance of $10,000 account balance
Social trading: no
LCG Review : Trading Platforms
MT4
Powerful, reliable and easy to use, MT4 is still the gold standard in online trading
In the decade or so since its release, MetaTrader 4 has become one of the best known and most widely used trading platforms in the world of online trading. The success of MT4 is largely down to its powerful charting functions, large number of available indicators and its algorithmic trading functionality. MT4 has long established itself as the standard in online trading due to it being safe, secure, easy to use but also packed with features for advanced traders.
Full suite of indicators and drawing tools
Attractive and intuitive layout
Advanced algorithmic trading functionality
Available for desktop, mobile and tablet
LCG trader
Our LCG Trader platform offers a fast, reliable trading experience and a world class charting package.
LCG Trader is a next generation web-based trading platform designed to handle thousands of assets at once. It enables you to trade all of our 7000 instruments across 9 available asset classes directly from your web browser. Developed specifically for the demanding world of multi-asset brokerage, LCG Trader allows you to easily trade any asset offered by LCG from wherever you find yourself, on almost any device. Trade forex, shares, indices, spot metals, futures, bonds and interest rates with LCG Trader.
Trade 7000 instruments across 9 different asset classes
Benefit from LCG’s price improvement technologies
Easy to use GUI optimised for performance
Low latency, rapid execution
LCG Review : Payment methods
Minimum deposit: $1
Payment methods: wire transfer, debit/credit cards, Skrill
Customer Service and Forex Education Material
Customer support: phone, email, online chat
Trading education: webinars, videos, ebooks, trading tools, advanced charting
Market analysis: yes
How was the rating of LCG performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on LCG FX broker performance and features.
Overall our online LCG review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online LCG or you find inaccurate details LCG broker review please get in touch with us and the changes will be applied.