REVIEW LONDON CAPITAL GROUP

LONDON CAPITAL GROUP REVIEW SUMMARY

  • Broker Type: ECN / STP / CFD Trading / Spread Betting
  • US Traders: NO
  • London Capital Group Regulation: FCA UK, LCG is also a Member of the London Stock Exchange
  • London Capital Group Platforms: MetaTrader4, WebTrader
  • Mobile Trading: iPhone, Android
  • Automated Trading & Scalping: YES
  • London Capital Group Assets: 50+ Forex Currencies, 12 Indices plus Soft Commodities, Metals, and Energy
  • London Capital Group Minimum Account: $250
  • Fund Methods: Debit / Credit Cards, Bank Wire (check below for more info)
  • London Capital Group Welcome Bonus: 10% Cash Bonus (you may withdraw your bonus) 

» London Capital Group (LCG) Online Trading

 

LONDON CAPITAL GROUP FULL REVIEW

Introduction to London Capital Group

London Capital Group is a Forex / CFD / Spread Betting broker established in London, UK

London Capital Group Headquarters: United Kingdom

London Capital Group RegulationFCA UK (No 182110) | Member of the LSE stock market {registered no: 3218125}

London Capital Group Foundation: 1996

London Capital Group Account Segregation: YES

 

Dukascopy Europe trades Forex, CFDs, Gold and Silver

LONDON CAPITAL GROUP ASSET INDEX & SPREADS

LCG Typical Spread on EURUSD and USDJPY is 0.6 pips plus trading commissions $5.0 per full traded lot.

Table: LCG Forex Asset Index {Right column the typical variable spread}

Forex Asset Trading Spread Forex Asset Trading Spread Forex Asset Trading Spread
AUD/JPY 2.3 EUR/CAD 3.3 CHF/SGD 6.8
AUD/USD 1.3 EUR/NOK 30 EUR/CZK 132
EUR/CHF 2.5 EUR/NZD 4 EUR/HUF 8
EUR/GBP 1.2 EUR/SEK 30 EUR/ILS 21
EUR/JPY 2.1 EUR/ZAR 120 EUR/MXN 78
EUR/USD 0.6 GBP/AUD 4.8 EUR/SGD 7.2
GBP/CHF 3.7 GBP/CAD 4 EUR/TRY 14
GBP/JPY 3 GBP/NZD 5 GBP/CZK 20
GBP/USD 0.8 NZD/CAD 3.7 GBP/EUR 2.3
USD/CAD 2.1 NZD/CHF 3.1 GBP/HUF 20
USD/CHF 1.5 NZD/JPY 2.5 GBP/NOK 58
USD/JPY 0.6 NZD/USD 2 GBP/PLN 28
USD/NOK 25 SGD/JPY 4 GBP/SEK 62
AUD/NZD 3.6 USD/HKD 1.7 GBP/ZAR 150
AUD/CAD 2.5 USD/PLN 25 NOK/SEK 5.2
AUD/CHF 2 USD/SEK 30 USD/CZK 30
CAD/CHF 3 USD/ZAR 85 USD/HUF 20
CAD/JPY 2.5 AUD/SGD 5 USD/MXN 75
CHF/JPY 3 CHF/NOK 42 USD/SGD 6
EUR/AUD 3.4 CHF/PLN 19 USD/TRY 13
EUR/AUD 3.4
CHF/SEK
44    

LONDON CAPITAL GROUP TRADING PLATFORMS & TECHNOLOGY

London Capital Group provides: MetaTrader-4 and a WebTrader Platform

London Capital Group provides: MetaTrader-4 and a WebTraderLondon Capital Mobile Trading: iPhone, Android

Automated Trading: YES

Scalping: YES

PAMM / MAM Accounts: NO

MetaTrader-4 Key features

  • MetaTrader offers FX, stock indices, and commodities trading
  • Multilingual platform interface
  • Complete technical analysis package {in-built indicators, charting tools, custom indicators}
  • Inbuilt help guides for MT4 and MetaQuotes Language 4

LONDON CAPITAL GROUP TRADING ACCOUNTS

LCG Minimum Account: $250

LCG Trading Leverage: Forex 300:1, Commodities 100:1

LCG Fund Methods: Cards, Bank Wire

LCG Trading Account Currencies: GBP, EUR, USD

LCG Funding Methods and Conditions

(1) Credit / Debit Cards:

-There is a 2% charge for payments made by credit cards

-LCG accepts all major debit and credit cards except American Express and some International Visa Electron cards.

(2) Bank Wire Transfer:

-You can deposit funds directly into our bank account by making a bank transfer from a bank account in your name

-Some international transfers will incur a fee charged by your bank

-Barclays Bank, 1 Churchill Place, London, E14 5HP

-Barclays Account Name: London Capital Group T/ {Swift Code: BARCGB22 | Sort Code: 20-77-67}

 » London Capital Group

 

LONDON CAPITAL GROUP CURRENT PROMOTIONS

London Capital Group 10% Welcome Bonus

New clients who make an initial deposit between £1000 and £70,000 can receive a bonus of up to £7000. The 10% bonus is based on the initial deposit. Traders in order to withdraw their bonus, must either place opening spread bets with a total stake of at least double the bonus amount or each CFD lot open and closed will release £3 of their bonus for withdrawal.

» London Capital Group (LCG) Promotions

LONDON CAPITAL GROUP REVIEW -MAIN PROS & CONS

LONDON CAPITAL GROUP REVIEW PROS √

LONDON CAPITAL GROUP REVIEW CONS X

(√) Regulated by FCA UK, listed on LSE

(√) Covering up to GBP 50,000 for retail accounts

(√) Great Asset Index via CFDs Trading, Spread Betting, and Futures Trading

(√) Tight Trading Spreads, low Trading Commissions, and no Re-Quotes

(√) Automated Trading & Scalping are fully allowed

(√) Cash Bonus for new clients (up to GBP7,000)

(x) Limited Selection of Fund Methods

  

Create Free and Export Indicators for MT4, MT5, or TradeStation to trade Forex, Shares, Indices, and Commodities

LONDON CAPITAL GROUP REVIEW –FINAL THOUGHTS

London Capital Group or LCG is a UK-based broker. LCG is an ECN/STP broker offering Forex, CFDs, and Spread Betting. LCG is regulated by the Financial Conduct Authority (FCA UK) and listed on the London Stock Exchange (LSE). The financial group started operations in 1996 and launched the first financial broker in 2003 under the brand name CapitalSpreads. The brand LCG was launched in 2005.

Along with the regulation by FCA UK, LCG offers high safety of money via segregated client bank accounts and by covering up to 50,000GBP for retail accounts.

One of the key advantages when trading with LCG is the extended asset index containing more than 50 currency pairs, many stock indices, and several commodities. Shares trading is not available. The trading spreads offered by LCG are very competitive and start as low as 0.6 pip for EURUSD and USDJPY (check the above table for full information regarding Forex spreads). LCG spreads are tight based on Tier-1 liquidity. The trading commissions charged by LCG are $5 / full traded lot. The maximum trading leverage is 300:1 for Forex trading, 100:1 for commodity trading and minimum 40:1 for some stock indices.

London Capital Group offers two desktop platforms (Metatrader4 and WebTrader). Mobile traders are available for iOs and Android. Expert Advisors and Scalping are fully allowed.

As concerns opening a new account, the minimum deposit is $250 and account currencies include EUR, GBP, and USD. Fund methods include Bank Wire, Visa or Mastercard credit / debit cards. MoneyBookers Skrill, Paypal, and similar wallets are not available. Withdrawal requests are processed within 24 hours. The London Capital Group Customer Support is fast and reliable, available in 24/7 basis. There are also daily emails with market commentary and analysis for all traders. Currently, new traders can claim 10% welcome bonus up to 7,000GBP. Traders can withdraw this bonus after trading it several times.

In overall the London Capital Group is considered a top choice among advanced and professional Forex and CFD traders based on High Regulation, Transparency, and tight Trading Cost. 

» London Capital Group LCG -Online Accounts

 

London Capital Group Review

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