This London Capital Group review conducted by ForexSQ experts after using the LGC broker, We wrote this LCG review for those traders and investors want to open trading account with London Capital Group Forex broker so read this review carefully to the end to get all information about LCG.com broker before invest with them.
London Capital Group or LCG Review
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London Capital Group Ltd was founded in 1996 in the United Kingdom, is listed with the Alternative Investment Market (AIM) and is strictly overseen and regulated by the Financial Conduct Authority (FCA) of the UK, which has the reputation of being one of the most stringent financial regulatory agencies in the world. LCG trading began offering capital spreads in 2003 and is one of the leading financial services firms in the UK offering a wide range of investment assets that include Contracts for Difference (CFDs), stocks, indices, major currency pairs, binary options, soft commodities, oil and precious metals.
The LCG trader has won numerous industry awards including “Best Mobile Trading Platform” in 2012 and 2013, as well as “Best CFD Provider of the Year” in 2011 by the Financial Times/Investors Chronicle. Industry surveys concluded recently that the LCG broker is the second biggest CFD and spread betting provider in the UK.
The London Capital Group accepts clients from all over the world, but does not currently accept clients based in the United States; however, corporate, joint and foreign currency accounts can be arranged through a customer service representative or account manager.
The London Capital Group is continually upgrading its platform and website (LCG.com) and currently offers two other sites, one of which is designed specifically for spread betting and the other is only for trading CFDs. The LCGFx site is solely for trading foreign currencies and the LCGMT trading site combines low cost CFD trading on commodities, indices and forex trading.
Traders who use the LCGFx site for trading forex will gain access to all the Electronic Communication Network (ECN) multi-bank platforms that offer the lowest spreads and commissions in the forex industry, as well as London Capital Group share prices. Commissions are calculated based on the asset traded and size of the trade and are charged in the same denomination as used for opening the trading account. A commission Schedule is included on the website and lists dollars, Euros and Sterlings separately.
Traders may have a difficult time discerning the specific differences in these websites but our LCG Review determined there are only slight variances between the sites, which together cover all trading options for its clients.
Compatibility
The popular LCG trader is available for personal computers running Windows operating systems, as well as Macs and a variety of the most popularly used handheld mobile electronic devices.
Features
The LCG forex broker offers clients a wide variety of trading tools, features and solutions for both novice and experienced traders to facilitate trading financial assets, equities, forex, indices and more. Trading tools featured with LCG trading include:
Streaming news feed
Automated trading
One click execution
Market Maker
No Dealing Desk
Trading Signals
Ability to trade from charts
Email alerts
Trailing stops
Guaranteed stop loss
Scalping and hedging permitted
Trading over the phone
Bonus opportunities
Multilingual customer support
Trading Platforms
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Capital Group London offers its clients several different trading platforms that include its own proprietary LCG Trader, as well as LCG MT4 (MetaTrader 4) and mobile applications for a variety of handheld electronic devices.
LCG Trader
LCG’s own proprietary trading software includes improved technology for pricing assets in a variety of markets, as well as an outstanding charting package and other useful tools and features.
London Capital Group MT4 Download
In addition to its own proprietary software, London Capital Group offers clients the opportunity to download the MT4 platform for use in conjunction with its own trading platform. The MT4 platform is one of the most popular and widely used financial asset trading platforms in the world and many traders want to be able to access the valuable tools and features available on the MT4 platform in addition to those included in the proprietary software of their particular brokers.
LCG Mobile Apps
Today’s busy traders want to access trading accounts and international markets from anywhere and at any time. LCG offers mobile apps that make its platform available for a variety of handheld mobile electronic devices that include Androids, iPhones, iPads and more.
Languages
The LCG trading platform is available in a variety of languages, including English, Spanish, German, Italian and Polish.
Account Types
LCG trading is facilitated through different types of trading accounts like CFD trading, spread betting, Islamic accounts, ECN accounts, Mini or Micro forex accounts (All of which can be used as Demo Accounts) that are based on the type of asset traded rather than amounts of account deposits or the skill level of the trader, which is typical of most trading platforms.
LCG Spread Betting Account
LCG’s version of a basic trading account allows clients to engage in spread betting options on stocks, commodities, indices and major forex pairs in over 4000 international financial marketplaces.
LCG CFD Account
More advanced or wealthy traders can open CFD trading accounts that provide tighter spreads on CFDs options that include forex pairs and crude oil in over 4000 different trading markets. CFD Account holders will enjoy trading tools that include market insights, news and expert analyses from the professionals at London Capital Group.
London Capital Group Demo Account
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As previously mentioned, both types of trading accounts can be used as Demo Accounts for a period of thirty (30) days by clients who wish to practice trading in a simulated environment before risking real money by utilizing trading strategies in active trading markets.
London Capital Group Minimum Deposit
The LCG Spread Betting Account and CFD Accounts do not have minimum deposit requirements.
Commissions, Spreads and Leverage
In keeping with the forex industry standard, the London Capital Group does not charge commissions on trades, spreads are variable dependent on the asset traded and size of the trade and start as low as 0.6 pips (points in percentage) and maximum leverage offered is 1:300.
Promotions and Bonuses
The LCG broker offers no deposit bonuses to new clients and other promotional bonuses are sporadic and variable. Check the platform’s website for the latest promotional opportunities offered by LCG trading.
Deposits and Withdrawals
LCG trading clients can deposit funds into their trading accounts using a variety of methods that include major debit and credit cards (except MasterCard, AMEX and some international Visa Electron cards), bank electronic fund transfers (EFTs) and Skrill. The LCG Group will even accept personal and business checks, which is completely unique in the financial investment industry. A commission of 2% is charged on deposits made with credit or debit cards.
Withdrawal requests can be submitted by email or telephone and funds will be deposited back to the credit card or other bank account from which deposited funds originated. Minimum account withdrawals are 50 GBP, unless the account is being closed and 20 GBP will be charged for account withdrawals that are less than 1,000 GBP.
Education Center
The LCG broker platform offers a variety of valuable educational materials that include trading tools, videos, webinars, ebooks, technical analysis, market news, research and watchlists to enable traders to track asset and market trends in order to enhance trading success. The latest recommendations for trading forex, commodities, indices and other equities, as well as live market news, is provided in English, Spanish, German and French.
Safety/Risk Management
The London Capital Group has established itself as a leader in the forex and CFD trading industries and all trading activities are strictly overseen by the UK’s FCA, which is one of the strictest regulatory agencies in the world. The firm also segregates client funds from the firm’s capital in accounts with top global banking institutions so traders can rest assured their funds and personal information are safe and secure.
Customer Services
LCG maintains a staff of multilingual customer service professionals who deliver stellar support services via email, live chat or telephone between the hours of 8:00 a.m. and 7:00 p.m. UK time. Customer support is available in a variety of languages, including English, Spanish, German, French and Arabic.
LCG Login
For login to London Capital Group broker you can visit the broker website, After sign up you can check your email and do LCG login.
Conclusion
This London Capital Group Review found a well established Forex and CFD broker with a stellar reputation for delivering a wide variety of quality trade able assets and customer support services. The LCG Forex broker offers the most popular currency pairs and CFDs in a broad range of markets, as well as professional market analyses, no commissions and low spreads and leverage.
Our LCG Review also concluded that it is one of the most advanced and efficient trading platforms available and clients who use the platform can rest assured their trading activities are overseen and strictly regulated by the FCA and that their trading funds are well protected in segregated bank accounts. The only drawbacks found in the process of this London Capital Group forex Review are the limited hours during which customer support services are available and lack of support for social trading. LCG spread rates could also be lower and its website should be redesigned to make it more user friendly and easier to navigate.
All things considered, however, the London Capital Group forex broker is a reliable platform that is strictly regulated and offers a wide variety of trade-able assets and useful tools and trading features to enhance trading for both novice and experienced traders.
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