No broker is perfect, and London Capital Group is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to London Capital Group :
- LCG does not accept Paypal (See Paypal brokers here)
- LCG does not offer micro accounts (See micro account brokers here)
- LCG does not offer Cryptocurrencies (See brokers that offer Cryptocurrencies here )
- LCG does not offer Ethereum (See brokers that offer Ethereum here )
- LCG does not offer MT5 (See MT5 brokers here )
- LCG does not offer Mac platform (See brokers for Mac users here )
Whatever your reason, we’ve got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best London Capital Group alternatives.
Top alternative : City Index
A popular alternative to London Capital Group is City Index, a brokerage regulated by Financial Conduct Authority, ASIC and MAS and over 35 years in business. Another strong alternative is AvaTrade, which is regulated by Central Bank of Ireland, ASIC, FSA, FSB and BVI.
Here are some of the key reasons why traders choose City Index and AvaTrade over London Capital Group :
| London Capital Group | City Index | AvaTrade | |
|---|---|---|---|
| Trust Score | A | AAA | AAA |
| Regulator | Financial Conduct Authority, CIMA, CYSEC | Financial Conduct Authority, ASIC and MAS | Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI |
| Min. Deposit | 1 | 100 | 100 |
| Min. Trade | £0.50 | 1 Lot | 0.01 Lot |
| Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps |
If you want to read more about City Index, we’ve put together an in-depth City Index review that explores their platform, spreads, and trading conditions in more detail.
Visit City IndexIf City Index isn’t quite right, we’ve also listed ten suitable London Capital Group alternatives below. You can click between the different instruments to compare each broker’s spreads for that instrument.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
