LCG Review: Award-winning online CFD Broker Updated 2025

Users can access daily commentary from the desktop platform along with the usual market-wrap articles and an economic calendar. The live chat is very handy as it is accessible from LCG’s website, as well as from the trading platform itself. If you send a message via live chat after working hours, you’ll get a reply to your email the next morning.

LCG Desktop MetaTrader 4 Platform

Additional fees may apply for withdrawal requests and inactivity, so traders should review the full fee schedule before opening an account. London Capital Group operates under strong regulatory oversight, ensuring a secure trading environment for its clients. The broker is primarily regulated by the FCA in the UK, one of the most respected financial regulators globally, which enforces strict compliance, client fund protection, and transparency standards. However, the broker has some limitations, such as the lack of extensive educational resources and research section compared to some competitors. Despite these drawbacks, LCG remains a good option for traders looking for a regulated and professional trading environment. For final thoughts, LCG’s performance and reliability bring a safe trading environment and convenient conditions.

Metatrader 4 Webtrader and London Capital Group (LCG)

An electronic communication network (ECN) trading account is available. The mobile platform may be lacking in this department but LCG offers an above-average suite of research features and data from other sources. The company’s experts publish great articles on the company’s blog, as well as daily videos that are well-produced and insightful.

In these instances, you are paying a spread, financing rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker. Another concern with online trading brokers with regards to safety may be manipulation of trading.

Reviews Overview: What Traders Are Saying

• This charge varies in amount and holding period depending on the asset.
• All information on 55brokers.com is only published for general information purposes.
• One thing to remember is that you don’t always need to have any cash in your accounts.
• The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following.

When it comes to CFD trading fees, the broker’s spreads are relatively high, and you may end up paying more than you would with other brokers. Yes, London Capital Group (LCG) offers virtual portfolio accounts so you can test your trading strategies before risking any real money. New traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the features before risking a live account. MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. LCG are able to offer some of the most competitive pricing in the industry. At LCG, you only have one account classification to deal with that comes with a 10% promotional balance up to $5,000.

London Capital Group (LCG) offers demo accounts for the ease of beginner traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies. But, non-trading fees charged by London Capital Group (LCG) are comparatively competitive. Consequently, you’re charged more for non-trading activities on your trading account, such as withdrawal and deposits. Along with everything, London Capital Group (LCG) has multiple benefits to new and verteran traders and should be investigated. There’s absolutely no minimum time over which a trade must be kept open.

The tight spreads and fast executions are a fantastic advantage for all traders. The technology embraced by London Capital Group (LCG) is of the maximum caliber, making sure that it’s fast, reliable, and efficient. London Capital Group (LCG) is a online trading broker with its head office in UK and provides a range of tools for online trading.

LCG Pros and Cons

LCG Trader is a proprietary web-based trading platform, designed for a seamless and intuitive trading experience. It features advanced charting tools, real-time market data, and a user-friendly interface. LCG offers swap-free accounts for traders who require Islamic-compliant trading conditions, meaning they can trade without incurring overnight financing charges.

• The broker uses a hybrid straight-through-processing (STP) broker model to facilitate deal executions, although it also acts as a market maker itself.
• Yes, London Capital Group (LCG) offers customer support over the telephone.
• We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
• The broker provides access to a wide range of markets, including Forex, Indices, Commodities, Shares, and Cryptocurrencies.
• The MetaTrader 4 is an independent trading platform, developed for trading FX, Commodities and other products based on futures contracts and is one of the most advanced and easy platforms to use.

Commission And Fees Explained

We have tested communication via London Capital Group (LCG) support in multiple languages and in various countries. You can make use of a choice for 2 Factor Authentications (2FA) with London Capital Group (LCG) for increased safety. London Capital Group (LCG) acknowledges the importance of having a fast order execution. A quick execution will allow users to exchange without fretting about slippage safely. The founders of London Capital Group (LCG) are famous for their experience in the sphere of internet trading.

This sizeable social trading network consists of a community of experienced MT4 traders that allow others traders to copy their transactions automatically. The fees they charge for this service and their performance can vary substantially. The broker states that it provides access to markets in over 7,000 instruments across nine different asset classes. You can even trade vanilla options on a decent range of currencies, indices and equities.

Withdrawal Options at LCG

This means that at all times, London Capital Group (LCG) must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. Moreover, the withdrawn money will be moved directly to the account you use to make deposits. The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through london capital group review CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.

The Classic Account is tailored for retail traders, offering competitive spreads and no commission on trades. The ECN Account, suitable for professional traders, provides raw spreads and a commission-based pricing model. Both accounts offer leverage options and access to the full suite of trading instruments.

Users have a £50,000 coverage provided by FSCS, and their funds are stored in segregated regulated bank accounts where they won’t be affected should the company go bankrupt. Based on our professional view, London Capital Group is an excellent forex and CFD broker for newbies and expert traders alike. Although it has limited learning resources and a basic FAQ section, beginners can still boost their skill levels with available resources. Plus, the broker has a user-friendly and customisable trading platform that provides users with adequate resources for strategy development.