Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.
London Capital Group (LCG) is one of the most popular, trusted and established brokers for forex, spread betting, CFDs and ETFs in the UK and rightly so with over 20 years of history behind them in the industry. They are a trusted brand regulated by the Financial Conduct Authority (UK) and listing on the London stock exchange.
LCG offer some of the tightest spreads available in all the major markets including major fx pairs from 0.6pips, major indices from 1pt and gold and crude from 4 cents. They have their own LCG Trader platform that provides some of the best charting available and they also provide the industry standard MT4 platform for their traders.
Traders can easily open an account start trading with LCG with low minimum deposits and minimum trade requirements of £100 and £0.50. Traders who wish to start with more starting capital will benefit from the ECN accounts with offered by LCG which require traders to maintain a minimum account balance of $10,000. ECN accounts with LCG give traders a super low average spread of only 0.2 on major forex pairs like the EUR/USD.
As you would expect from a world class broker, LCG do not charge an inactivity fee. They provide guaranteed stop losses and allow traders to use both scalping and hedging as part of their trading strategy.
Forex, CFDs, Spread Betting, ETFs
Shares, Forex, Commodities, Futures, CFDs, Bonds, Interest Rate, ECN
US, Canada, NZ, JP
iPhone, iPad, Apple Watch, Android, Tablet, Windows Phone
LCG is a solid UK broker that provide low fixed and floating spreads. LCG do not charge any fees for inactivity, deposits or withdrawals. LCG include all the risk management tools you would expect from an online broker including guaranteed stop losses, guaranteed limit orders, price alerts and trailing stops.
LCG have great offerings for traders with larger trading capital including ECN and STP accounts and allow advanced trading strategies like scalping and hedging. LCG is also great for traders who want to adopt a more simple trading strategy like using expert advisor to automate their trading strategies.
Traders looking for a broker with a VPS service, direct market access or Islamic account will have to look elsewhere as these are features that are currently lacking with LCG. Currently only four languages are supported by LCG and traders that do not support outside of English, Polish, German or Italian would benefit from other brokers with more a languages available.