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London Capital Group Forex Broker keeps up-to-date with the latest trading account information, including ECN, Classic maximum leverage of 200:1, trading varieties, and more
Rating Index
Pros
Emphasis on customer service, including 24/5 support and access to the dealing desk.
Regulated by the FCA (UK), ensuring a high level of oversight and client protection.
Offers a broad selection of financial instruments across various asset classes, including forex, indices, and commodities.
Cons
Website maintenance is substandard, with broken links and outdated information.
Does not accept U.S. clients due to regulatory constraints, limiting its global reach.
Differences in trading conditions between LCG Trader and MT4 can be confusing for users, particularly regarding spreads and commissions.
London Capital Group broker Accounts
ECN
Environment
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Currency
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Maximum Leverage
200:1
SupportedEA
Minimum Deposit
10000 EUR/USD/GBP
Minimum Spread
EUR/USD from 1.5, gold from 3
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
Foreign exchange, stocks, indices, options, ETFs, commodities, spot metals, bonds and interest rates
Classic
Environment
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Currency
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Maximum Leverage
500:1
SupportedEA
Minimum Deposit
100 USD
Minimum Spread
EUR/USD from 1.5, gold from 3
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
Foreign exchange, stocks, indices, options, ETFs, commodities, spot metals, bonds and interest rates
LCG Account Types
London Capital Group (LCG) offers three main types of trading accounts designed to cater to various trading needs and preferences. These accounts include:
- ECN Account:
- Minimum Deposit: $10,000
- Spreads: Starting from 0 pips with no requotes.
- Commission: $45 per lot.
- Leverage: Up to 1:30 for EU clients and 1:500 for non-EU clients.
- Access: Available on both LCG Trader and MetaTrader 4 platforms.
- CFD Trading Account (Classic Account):
- Minimum Deposit: No minimum deposit requirement.
- Spreads: Starting from 1.45 pips.
- Commission: No commission charges.
- Leverage: Up to 1:30 for EU clients and 1:500 for non-EU clients.
- Access: Available on LCG Trader and MetaTrader 4 platforms.
- Islamic Account:
- Minimum Deposit: No minimum deposit requirement.
- Spreads: Starting from 0.5 pips.
- Commission: No commission charges.
- Leverage: Up to 1:30.
- Features: No overnight fees or swap charges, designed for Muslim traders following Sharia law.
- Visit the LCG Website: Go to LCG's official website.
- Select Account Type: Click on the "Open Live Account" button and choose your desired account type (ECN, CFD Trading, or Islamic).
- Complete Registration: Fill in the required personal information, including your name, email address, and phone number.
- Verification: After completing the registration, you will need to verify your identity by providing the necessary documentation.
- Deposit Funds: Once your account is verified, you can fund your account using various payment methods.
- Start Trading: After funding, you can begin trading on the LCG Trader or MetaTrader 4 platforms.
Additionally, LCG provides a demo account for traders to practice their skills in a risk-free environment.
LCG Broker Account Opening Process
Opening an account with LCG is straightforward and can be completed in a few steps:
For more detailed information, you can refer to the following sources:
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London Capital Group accounts can be viewed for products that can be traded Foreign exchange, stocks, indices, options, ETFs, commodities, spot metals, bonds and interest rates accounts with a minimum deposit of 10000 EUR/USD/GBP by (2+) --.