- Low minimum deposit requirements
- No commission for funding the deposit and withdrawal of capital
- Islamic accounts available
- No copying trading
- Market analysis not updated on the site since 2020!
- No awards for the last 5 years!
Reviewed broker: LCG London Capital Group
Regulation: Securities Commission of Bahamas (SCB)
Established in 2005
Trading instruments: Forex, indices ,shares, commodities, bonds and interest rates, vanilla options, ETFs and Cryptocurrencies.
USA traders: not accepted
Trading Features and Conditions
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+
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
Demo account: available for 30 days
ECN account requirement: maintenance of $10,000 account balance
Social trading: no
LCG Types of Accounts
LCG offers traders a choice between the following accounts:
This account caters to the more professional trader and has a US Dollar 10 000 account balance which must be maintained in order to qualify for this account.
It has the following features:
Spreads that start from 0 pips with no requotes
Access to unparalleled forex liquidity
Access to the LCG Trader and MT4 trading platforms
Complete transparency and anonymity
CFD Trading Account
The CFD Trading account is the Classic-type of account and has the following features:
Access to the LCG Trader and MT4 trading platforms
Trade-in over 7 000 instruments which span across 9 different classes
Pricing is competitive and execution is reliable
Access to various types of analysis, research, and educational material
Islamic accounts or swap-free accounts are available to clients who follow the Muslim Faith along with the Sharia law.
These accounts have neither swap- nor rollover interest on overnight positions.
LCG also made provision for a spread-betting account, but this option is only available to UK residents.
Trading Platforms Overview
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
Supported languages: English, French, Vietnamese, Chinese, Italian, Indonesian, Portuguese, Spanish, Polish, Arabic, Swedish, Turkish, Norwegian, Russian, Bahasa, Thai
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
The minimum deposit is $100 to start trading
Payment methods: debit/credit cards, bank transfer and online payment services Skrill and Neteller
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 2024 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.