London Capital Group Review
- Excellent selection of sophisticated trading platforms
- Wide array of tradeable assets across 9 asset classes
- Exceptional customer support and educational resources
- Highly regulated and very safe and secure
- No cryptocurrency trading
- No bonuses or promotions
London Capital Group (LCG), is a highly reputable online trading brokerage with over 20 years of experience in the trading industry. LCG is known as a leader in the trading industry for CFD and spread betting and they are committed to providing their clients with premium level investment services and competitive prices. Since the brokers establishment they have grown tremendously with over $1 billion in deposits and over $20 trillion in executed trading volume. Therefore, the LCG trading brokerage is not one to overlook.
The LCG trading brokerage is owned and operated by London Capital Group Limited with their headquarters located in England at 77 Grosvenor Street, Mayfair, London, W1K 3JR. Since the brokerage is located in London, they are licensed and regulated by the Financial Conduct Authority (FCA). As well, LCG is licensed and regulated in Cyprus by the Cyprus Securities and Exchange Commission (CySEC). Therefore, the brokerage is highly regulated and authorized to provide international investment services to many traders from around the world. Since LCG is an international online trading brokerage, they offer their services in 19 different languages to accommodate traders everywhere. LCG appears to be an exceptional online trading brokerage, but are they right for you? Find out in the following review where we’ll delve into various aspects that make up this lucrative trading brokerage and see how they stack up to the competition.
Trading Platform
LCG provides their clients with two highly sophisticated trading platforms to choose from that fulfill the needs of every kind of trader. See these platforms overviewed below.
LCG Trader
This platform is LCG’s proprietary web-based trading platform that’s available across all desktop computers and mobile devices. The platform is highly reliable, fast, and advanced by giving traders access to 7000 instruments across 9 asset classes. The user interface is intuitively designed, and the trading functionality and technical analysis capabilities are of premium quality. No matter if you’re a trader just starting out or an experience professional, the LCG Trader platform will accommodate your needs.
Meta Trader 4 (MT4)
The MT4 trading platform is the most popular trading platform in the world due to it’s user friendly design, advanced charting capabilities, algorithmic trading functionality, and more. The MT4 platform by LCG is available for desktop computers as well as mobile devices via download from the Apple App Store and Google Play Store. All in all, traders will not be disappointed with this MT4 trading platform by LCG.
Exchange Markets
LCG features an extensive array of 7000 tradeable instruments across 9 different asset classes including Forex, Spot Metals, Indices, Commodities, Shares, Bonds & Interests, Vanilla Options, and ETFs. See a quick overview of these markets below.
Forex
- Over 60 currency pairs
- Majors, Minors, Exotics
- Competitive spreads
Spot Metals
- Go long or short
- Rolling contracts
- Low spreads
Indices
- Popular stock indices
- Tight spreads
Commodities
- Diverse range of popular commodities
- Trade with leverage
- Take advantage of volatile markets
Shares
- Over 3500 shares across the American, European, and UK markets
Bonds & Interests
- Broad range of markets
- Trade with low margins
- Attractive spreads
Vanilla Options
- Take advantage of any market with options
ETFs
- By and sell over 500 ETFs
- Low margin
- Competitive spreads
Fees and Commission
The spreads and commissions are very competitive with LCG because they are a true ECN/STP online trading brokerage. Therefore, client orders are matched directly with market liquidity providers for the lowest possible price. The spreads vary between different asset classes, but for major currency pairs the spread for the EUR/USD currency pair averages at 1.45 and can be as low as 1. All in all, the spreads and commission are competitive with industry standards, and LCG clearly outlines all of the spreads and commissions on their website for complete transparency.
Security and Fairness
The LCG online trading brokerage is trusted and secure trading brokerage. They hold their client funds in segregated tier 1 bank accounts and employ the latest and greatest security protocols. For instance, all transactional data is protected by 256-Bit SSL encryption and the website and trading platform is constantly monitored and maintained for security reasons. The brokerage is also highly regulated which helps to ensure security and fairness for clients. All in all, LCG can fully be trusted to provide safe, secure, transparent and fair online trading services.
Support
The customer support provided by LCG does not disappoint as the support representatives have trading experience and are happy to help with any questions you might have. Support representatives can be reached via email, live chat or telephone 24 hours a day, 7 days a week. Additional methods of support include communication through LCG’s various social media channels as well as browsing their extensive FAQ page. Also, traders will find loads of helpful information in the analysis and education section on the LCG website.
Conclusion
The online trading services provided by the London Capital Group (LCG) are exceptionally good. Traders have access to not one but two highly advanced trading platforms and can trade a very wide array of tradeable assets across numerous asset classes. LCG provides traders with numerous tools and resources to help them succeed at trading. The customer support provided by LCG is of very high quality and the brokerage is trusted, reliable and secure. All in all, the LCG online trading brokerage is definitely a broker to consider.
London Capital Group Q&A
The following are the common questions that customers inquired about London Capital Group.
Is London Capital Group regulated?
Yes, it is regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
Is London Capital Group a scam?
No, LCG is a legit broker and it’s licensed in UK.
Where is CMC Markets based?
LCG is located in England at 77 Grosvenor Street, Mayfair, London, W1K 3JR.
Screenshot
