LCG (London Capital Group) – Overview & Customer Ratings 2.9/5 Min. deposit 0 $/€/£ Website address https://www.lcg.com/int/ Demo account Yes Supported languages EngRus Active Yes Instruments CFDForexFuturesStocks Min. trade price Lots vary by asset Regulated By FCA MetaTrader 4 Yes MetaTrader 5 No cTrader No OmniTrader No AlgoTrader No TradingView No Trading Central No Autochartist No eSignal No STP Account No ECN Account No DMA Account No MAM Account No PAMM Account No LAMM Account No Demat Account No Margin Trading No Volatility Index No Spot Trading No Perpetual Swaps No ELWs No REITs No AI / Machine Learning No Robo Advisor No P2P Trading No Negative Balance Protection No VPS Hosting No Tournaments No Demo Competitions No Managed Accounts No Market Maker No Auto Trading No Social Trading No Copy Trading No Trade Signals No Islamic Account No Guaranteed Stop Loss No Forex Trading Yes Forex GBPUSD Spread 0.5 pips Forex EURUSD Spread 0.3 pips Forex EURGBP Spread 0.4 pips Forex Assets 60+ Crypto Lending No Crypto Staking No Crypto Mining No Crypto Auto Market Maker No Ladder Options No Boundary Options No Show all >>* The amount that will be credited to the account in the case of a successful deal*General Risk Warning: Your capital might be at riskMin. deposit100$Min. trade price0.01$Website addresshttps://www.lcg.com/int/Profitability87%*Demo accountYesSupported languagesEngRusActiveYes * The amount that will be credited to the account in the case of a successful deal Trustpilot Real Time Reviews The Trustpilot rating is 2.9, according to 73 reviews Me My last name gb Have never had an issue with them as long as you do what you should to show you are legitimate. They have rung me on numerous occasions to see how I am doing and if I have any question, something my bank has not done in forty years! I’ve made a nice bit of tax free money on this platform and hope to continue.View all Paul C gb I have read the 1* and 2* reviews here and I am a little surprised. Yes, withdrawing for the first time from LCG UK can be a pain. They need your bank details - a bank statement, and photo of the front of a debit card. And yes, customer services do not contact you if there is a problem. But I have been using them since they were Capital Spreads (10+ years ago) and I have found their Order Fills and Dealing Desk personnel (Bahamas and UK) to be efficient and fair. On the odd ocassion that there has been an issue it has been resolved, albeit slowly. You may ask why do they have UK and Bahamas companies? It is all down to the ESMA rules which dictate that for an FCA regulated Spread Betting/CFD company you need to deposit £1800 to bet just £1/point on the DOW (!). In the Bahamas it is £180 to bet £1/point. This off-shoring, which has CGT Tax implications for us brits, is not what the Spread Betting companies wanted but they felt forced into it as only well-heeled Clients can afford to bet £10/point on a UK-based provider. These ESMA rules. in my opinion, have created more problems than they have solved. I only hope that post-Brexit the UK Government relax them somewhat, especially around Margin. So yes, LCG Customer Service gets 3 out of 10.- but they are not scamming, they are just understaffed or have bad processes But the Trades themselves and the Dealing Desk get 9 out of 10 from me.View all Stephen Million gb I enjoy using the MT4 platform on LCG. Everything works perfectly on the Demo system. I had no problem loading a custom indicator. I was pleased that the feed didn't 'drop out' at busy times as happened often on another company I tried. I also liked the fact that I can start trading at 10p per pip and don't feel pressured to bet too high too soon. I'm quite happy with the whole experience.View all JS C gb Pros Second to none customer service - this is the AMEX of broker world, and I include Prime of Primes in this as well Smooth transactions - deposits/withdrawals Regulated in tier 1 jurisdiction - low risk of losing your deposit Cons Expensive - spreads are okay, but I would expect lower given the commission all transactions High margin requirements on leveraged accounts If you can afford it, the customer service alone is a reason to bank with LCG. I've got two strategies with them and won't be moving to anyone else anytime soon.View all AScotlandMac es Been with LCG over 5 years. The company is consistent in regard to trading. The system works very well. Depositing and withdrawing has also been without any real issues. From time to time you will have to update your ID details to adhere to anti money laundering regulations. As long as you do that there will be no issues. Withdrawals on average take 2 days Sepa or UK faster pay. Staff are very helpful, and I would strongly recommend LCG.View all Szymon B. gb I planned to leave LCG , but at some point I changed my mind . I received an email ,then phone call from Damian and I realized that any problems I have I can approach him and I receive help I need . Lately I have problem with withdrawal ,and it was solved immediately -Damian guided me what I need to send to their office and solved! Customer service is now excellent !!!View all Load more Jinia Shawdagor Author Hannah Jones Editor 5 min read Published: November 01, 2018 Updated: December 22, 2022 Views: 183Content What to expect with LCG History and overview of LCG Customer Service FAQs About LCGAfter all, as trading experts say, “Trading is a numbers game. And with any numbers game, a long-term view is needed.” This is where LCG comes into play. I started working on LCG quite recently, even though this broker has been around for decades. I was drawn in by LCG’s impressive array of instruments available – an astounding 7,000.Founded in 1996, London Capital Group gives traders access to the London Stock Exchange and numerous other global financial markets. Throughout its over 20 years of operation, LCG has established itself as one of the leading brokers offering their clients a wide range of trading platforms, tools and services.The company is regulated by the Financial Conduct Authority (FCA) in the UK and provides products such as CFDs, forex, spread betting, shares, indices & commodities. LCG also offers advanced technology and tools, such as mobile trading apps, autochartist, and expert advisors.When it comes to customer feedback, the majority of traders are satisfied with the services offered by LCG. Their website is user-friendly, and the platform has a plethora of tools that should be in the toolbox of any serious forex trader. You can easily trade and monitor your positions in real-time.I used their customer service, and I found their staff to be knowledgeable and helpful despite the few complaints from some users online. For instance, a user complained that “money had not been credited to their account for a week”.This can be alarming, especially if you are just starting out with the broker. The withdrawal periods can make or break a broker’s reputation. Fortunately, this is the only common withdrawal complaint.What to expect with LCG LCG offers competitive trading conditions, and its products have helped me make over $50,000 in profits from trading in the past year alone.While there are some complaints online from some users, most of my friends who are traders are also quite familiar with LCG, and I’ve heard good reviews from them too.Since I’ve been using LCG, I’ve been impressed by their low spreads, fast execution, and excellent customer service. The easy-to-use site has helped me build up a portfolio of profitable investments.Their minimum deposit is only $10; however, LCG is geared towards active traders. There are no incentives and perks for passive income generation schemes or bonus programs. Moreover, some countries are not supported by LCG. Such countries include the following:BelgiumSingaporeCanadaNew ZealandUSAIn this review, we will take a look at LCG, the services they offer and their customer ratings. We will also explore their trading platforms and tools to help you decide whether this broker is right for your needs. So let’s get started!Further reading IG review 2023: should you sign up with the broker? Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage E-Trade feedback on the trading platform ZENITH TRADING STRATEGY FOR BINARY OPTIONS What Is SafeMoon, and Why Should You Hold It? What Is Swap (XWP) And Why You Should Invest In ItHistory and overview of LCG LCG (London Capital Group) is a financial services company with a dynamic leverage of up to 1:500.The company initially provided capital introduction services to institutional investors before moving into the retail market, offering traders access to global financial markets.One drawback of LCG is that it doesn’t offer crypto or PMM (Percentage allocation Management Module). With a PMM trading account, traders can designate their money to fund managers who will trade pools of funds from traders and investors for profit.If you love to work with MT4 traders, you’ll be pleased to hear that they support MT4 Web through their desktop version. Furthermore, the mobile application of LCG also features support for LCG and MT4 terminals, thus giving you the convenience of working on any device.LCG offers an ECN account, which has a minimum deposit of $10,000. In addition, it boasts low-margin requirements and offers competitive spreads. Other accounts on LCG include Islamic Accounts and CFD trading accounts.Further reading IQ Option Review 2023: Is It Worth It? FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading? Grand Capital Broker Overview - Pros, Cons, and Warnings Binomo Review 2023: Is It Worth a Try? City Index: Review & Trader Feedback of the UK Platform How Сan Binary Options Brokers Cheat You?Customer Service LCG prides itself in top-notch customer service. Their knowledgeable staff are always willing to help and are usually available to answer your questions.LCG’s website also offers wide range of educational resources that help traders stay informed about the markets.Customer RatingsLCG has an overall satisfaction rating of 4.5 out of 5 stars on Trust Union and other rating sites, with over 2000 reviews from customers! Most customers are highly satisfied with their services, praising their responsive customer support and low spreads.Expert OpinionAccording to expert opinion, “70% of retail investors’ accounts lose money when trading CFDs with LCG”. While this might sound alarming, novice traders should be careful of using leverage in their trade. Trading CFDs requires expert knowledge of the dynamic price swings of assets in the market.Further reading 10 Best Crypto Signals 2023 (Free & Paid) How To Identify Stocks Gaps Properly? (The 4 Gap Types) Grand Capital Broker Overview - Pros, Cons, and Warnings Free Online Interactive Binary Options Charts and Why You Should Use Them eOption review 2023: should you sign up with this broker? How To Find Free Trading Signals Services for Novice Traders FAQs About LCGWhat trading platforms does LCG offer?LCG offers traders access to the MetaTrader 4, MetaTrader 5 and Web Trader platforms. These are some of the most popular trading platforms in the world, and they come with a wide range of features that make it easy for traders to monitor their investments in real time.Does LCG offer bonuses?Yes, LCG does offer bonuses to its customers. For more information, don’t hesitate to get in touch with their customer service team.How secure is LCG?LCG is regulated, and all their customers’ funds are safeguarded in segregated accounts. They also use the latest security measures to ensure that all customer data is kept safe and secure.ConclusionAs you can see, LCG is a credible CFD broker despite a few negative reviews. However, since this broker is not geared towards retail traders, most who attempt to trade with LCG will lose their positions.If you want to access LCG’s 7000+ instruments, it’s important to learn and hone the right skills by either enrolling in a course or taking the time to research thoroughly. LCG is designed for high-frequency traders looking for a professional platform with top-notch tools.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading Orbex Broker Overview CumRocket, The Naughty Boy Of Cryptocurrencies Admiral Markets - Overview & Customer Ratings of the Broker IG review 2023: should you sign up with the broker? AMP: The Key To Crypto Payments In 2023 10TRADEFX REVIEW 2023: IS IT WORTH IT?