London Capital Group (LCG) - Spread Ripoff!

Pros As with the web version of LCG Trader, the mobile app was very fast, easy to use and had a standard menu and charting layout. His email clearly state the pricing and an easy maths calculation would see a 60 over pips spread widening. They offer competitively low spreads. If you plan on trading with no purpose other than to generate a rebate, please contact us before proceeding, as our commissions may be voided by the broker and this will also void any rebate you may expect to receive. By using this website you agree we cannot be held liable for actions you take based upon the information contained in this website. When using LCG's website while logged in as a demo account the chat box was frequently popping up, unsolicited, to "check in" and make sure we didn't have any questions. Company Information Contact Us.

London Capital Group Holdings plc (LCG Group) is a company registered in England and Wales under registered number: LCGH plc is a member of the NEX Exchange. London Capital Group Limited (LCG) is a company registered in England and Wales under registered number:

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Compare All Forex Brokers. Support Contact our support team any time during the business week with any questions you have. Forget tedious internet searches, with us you always get the best rebate rates on the net. We crawl competitors weekly and adjust our rates accordingly. We are an approved CashBackForex partner verify , the largest and original forex rebate provider since Our clients get their renowned customer service plus the best rates on the net.

Get Rebates - Open a New Account. Get Rebates - Existing Account. You are not logged in. To get rebates it is very important you sign up for a free account. There are no charges for standard withdrawals or terminating an account but LCG leaves open the option to charge an inactivity fee. So long as traders have enough in their account to meet their margin requirements, there is no minimum deposit amount to open an account. Spreads are taken from LCG's website and are their minimums. Spreads can vary based on volatility.

London Capital Group LCG provides clients with a guarantee they will never lose more than they have in their accounts via its negative balance protection. LCG also takes steps to ensure client funds are not co-mingled with corporate funds, in accordance with the Financial Conduct Authority's FCA client money rules.

This ensures that client assets are protected in the unlikely event that LCG becomes insolvent by holding those funds in segregated accounts at regulated banks. LCG does not provide the additional protection of two-factor authentication for client accounts.

We would have liked to see additional account protections and more flexible account security settings in our review. LCG special features were mostly made available through a proprietary trading platform and MT4.

The custom platform LCG Trader provides an updated look and feel, one-click trading and full integration across desktop and mobile platforms which should serve newer traders well. However, many advanced traders are likely to use LCG's MetaTrader 4 platform which provides more flexible trading technology through "Expert Advisors".

This arrangement works well for investors familiar with the MetaTrader platform or for those who are looking for a platform with less flexibility but better charts and indicators.

We should note that Trading Central's technical reports are also available through LCG, which is a nice addition for traders looking for new technical ideas and strategies. Most of LCG's special features are integrated into the firm's trading platforms. LCG Trader is a great entry-level platform with better charts by default, however, MT4 is more flexible.

The special features we usually look for like backtesting, and automated trading are available, but there weren't many other supplemental tools for traders seeking something unique. Trading Central's technical reports and a good economic calendar are also available features. LCG earned high marks in the Desktop Experience category. LCG Trader has a simple, easy to use interface where traders can set up watch lists, analyze charts and place and monitor trades.

The technical analysis charts can be expanded to full screen and come with more than 70 technical indicators that you can apply over many different timeframes, from tick charts to weekly charts. LCG also offers a MetaTrader 4 option for traders looking for a familiar platform. LCG Trader is simple and easy to use. Traders can choose from thousands of financial instruments, analyze their selection on nicely rendered charts and place trades in just a few clicks -- all within the same window.

Traders can also set price-based alerts on instruments they are following and LCG Trader will notify them via email or SMS text once the price objective has been reached. LCG Trader is a closed system. Advanced traders who prefer to incorporate other analytical and automation tools in their trading process will be disappointed to see they cannot integrate those tools directly with LCG Trader.

The LCG Trader mobile app was one of the best applications we have reviewed. The connection between the app and the web-version on the desktop was instantaneous. Alerts were easy to setup and very flexible, which is a critical feature for working with a mobile app away from your desk. The charts were good, and it was easy to modify or add indicators. Navigation between order entry, account management, and research tools were very simple and straight-forward.

As with the web version of LCG Trader, the mobile app was very fast, easy to use and had a standard menu and charting layout. Any changes or trades made on the mobile app were instantaneously translated to the web version. The charts could be used in full-screen mode and then revert back to a smaller version very quickly.

We see no reason why a trader wouldn't be able to manage their account through the mobile app nearly as easily as you can from the web version. Yes Free demo account: Live discussion Join live discussion of LCG. Video Your company video here? Let other traders know if this service is worth checking or should be avoided. Well, I highly recommend this broker I currently use this broker to trade, and it's very nice.

Variable deposit and withdraw method - me myself used Fasapay as my method. Very fast deposit and withdraw execution time - about 10 minutes for deposit, and 7 minutes for withdrawal and even I have experienced an instant withdrawal process in under a minute once if you submit your request on UK Office Hours And the customer support are great too! I have used their live chat support several times, and it's always been great!

If you don't believe me, go try it yourself, and feel the great trading experience! LCG the best trading One company that has stood for 20 years, which has good service and a very good trading experience for beginners like me.

I am trading with LCG for more than a year already. LCG has good reputation with more than 20 years, fast execusion and great customer services. Whenever I have any questions about my account or trading, I get the direct and clear information. Targeting, stop hunting to the highest degree, from this ''leading'' scam company!

Member of a gang! This company is SCAM. These are the real racists. I opened an account there, and sent them my documents - a passport and statement from credit card. The manager called me. I said that I do not speak English. (London Capital Group) profile provided by LondonCapitalGroup, May 12, 2015

London Capital Group (LCG) Forex Review By John Jagerson | January 30, LCG, or London Capital Group, is a multi-asset global online trading platform that focuses on foreign exchange (FX) trading, but also gives its users access to commodities, cryptocurrencies, bonds, global shares, and . (London Capital Group) profile provided by LondonCapitalGroup, May 12, Company name: London Capital Group Foundation date: Forex unit foundation date: Controlled by: FCA regulated and LSE listed Clients: Leverage: Commission: Our low commission charges are included in our FX spreads so there are no hidden fees/5(12). Our Review of LCG (London Capital Group) London Capital Group Recognized as one of the largest online trading companies in the United Kingdom, London Capital Group provides services for institutional, professional and private clients.