LCG reviews

LCG_logo LCG 6/10 (votes 2641)

On-line since: 1996
Country of origin: Great Britain
Regulation: FCA (Financial Conduct Authority)
Payment options: debit cards, credit cards, bank transfer, Skrill
Minimum account size: USD/GBP/EUR 10
Minimum lot size: 0.01
Leverage: 1:300
Spreads: floating

London Capital Group (LCG) belongs to London Capital Group Holdings plc that started operating in the market in 1996. In 2003, the company launched its first project, Capitalspreads.com, on the basis of which in 2005 they founded one of the leading providers of brokerage services in the world, LCG.

The holding company`s stocks are traded on the LSE. Its market capitalization is about 20 million British pounds. The broker offers more than 5,000 trading instruments, including currency pairs, futures, indices, and spot metals.

Trading terms:

  • the leverage size varies depending on a trading instrument, from 1:300 for currency pairs and from 1:40 for some indices;
  • a client can choose between an Islamic account, ECN account, or CFD account;
  • competitive spreads: EUR/USD — 1 pip;
  • 24/7 access to accounts;
  • trading operations are conducted on the modern platform MetaTrader 4;
  • withdrawal requests are processed within 24 hours;
  • London Capital Group (LCG) gives a one-time bonus of 10% of the deposit amount up to $5,000.

The company`s business model is based on four interdependent key elements: value, technology, people, and partnership.

The broker does not work with customers from the USA.

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Comments about broker

Rista trader
review LCG
01-04-21

LCG is a reliable broker, and I would highly recommend them. Their trading platform is the best, and the spreads are tight and never widen even during news time. Even in the fast-moving market has no requote, but that is the reality in the forex market. So no widening is happening, SL and TP are guaranteed to be executed. The most important is that they are regulated broker, so I don't need to worry about putting my money with them, and that also makes me safer to trade with them.

Cerabina trader
review LCG
24-02-21

I am using LCG for option trading and I have dreadful experience with this broker. Their platform is not good for professional trader because they make delay in opening and closing orders and last month I lost $487. There is no expectation left with this broker so I determined to withdraw my remaining fund and I made withdraw request of $652 using Skrill around 23 days ago but still they did not processed it. When I contact with their support they for all time keep telling me that I have to wait until their finance department complete the inquiry. I do not be on familiar terms with what kind of examination they are doing. This is getting highly frustrating!

Glydel trader
review LCG
27-01-21

The minimum initial deposit at LCG is on 10 dollars but do not be deceived because with their high trading fees, there is no way that you can start trading with only $10 capital. You will only end up losing everything if you do it. Besides, even if you have a huge capital, the fees are still unreasonable.

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