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London Capital Group

  • Regulated by: Financial Conduct Authority
  • Safety: segregates client funds
  • Trust Rating: A
Open LCG's Website

Losses can exceed deposits.

London Capital Group offer two ways to trade: Forex, CFD and Spreads Betting.

To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, London Capital Group offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 182110). London Capital Group puts all client funds in a segregated bank account and uses tier-1 banks for this. London Capital Group have been established since 1996, and have a head office in UK.

Before we dive into some of the more detailed aspects of London Capital Group’s spreads, fees, platforms and trading features, you may want to open London Capital Group‘s website in a new tab by clicking the button below in order to see the latest information directly from London Capital Group.

Open a demo account Visit LCG

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

PROS

  • Segeregates client funds
  • Established in 1996
  • Regulated by Financial Conduct Authority
  • Min. deposit from $100

CONS

What are London Capital Group's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on London Capital Group’s website. The colour bars show how competitive London Capital Group’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

London Capital Group AvaTrade Plus500
Spread from: $3.00 $7.00 $9.00
Typical overnight fee: $8.01 $5.00 $9.40
Commission: 1 0 0
Total cost of a 100k trade: $12.01 $12 $18.4
+$0.01 saving +$6.39 more
Visit LCG Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • London Capital Group doesn't charge inactivity fees
  • London Capital Group doesn't charge withdrawal fees

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$8.01
  • the roll over fee for short positions on EUR/USD is $3.89

Commissions

  • London Capital Group does charge commission on CFD shares

What instruments can you trade with London Capital Group?

FX / Currencies LCG AvaTrade Plus500
# of forex pairs offered 66 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs London Capital Group AvaTrade Plus500
# of commodities offered 10 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs London Capital Group AvaTrade Plus500
# of Stocks offered 4800 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See LCG's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the London Capital Group trading experience like?

1) Platforms and apps

London Capital Group offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

London Capital Group Screenshot See LCG's Platforms

London Capital Group also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See LCG's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

London Capital Group allow you to execute a minimum of trade of £0.50. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.As London Capital Group offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, London Capital Group offer margin up to 0.001% on currencies.

Finally, we‘ve listed some of the popular funding methods that London Capital Group offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer

3) Client support

London Capital Group support a limited number including English, and Italian

London Capital Group have a BrokerNotes double AA support rating because London Capital Group offer live chat, phone, email support and less than three languages.

CFDs are leveraged products and can result in the loss of your capital. All information collected from www.LCG.com on November 21, 2017.