London Capital Group Review – Is it a Scam or Legit Broker (2024)

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this London Capital Group Review, we are going to take a look at the offer that this broker prepared for its traders. London Capital Group is regulated by the FCA in the UK. London Capital Group operates on the financial market since 2003. When it comes to trading platforms, the broker features LCG Trader and MetaTrader 4. The London Capital Group minimum deposit is 0 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

Basic information from this London Capital Group Review

Website address:https://www.lcg.com/
Licensed and authorised by regulatory bodies:FCA
Supported languages:English, German, Spanish, French, Italian and Portuguese
Customer support available via:E-mail, phone, live-chat
Contact details:[email protected] +1 (0) 242 601 6866
Available deposit methods:Debit and Credit Cards, bank transfer, Skrill, Neteller
Available withdrawal methods:Most likely the same as the deposit methods
Minimum deposit:0 USD
Min. trade in lots:0.01
Spreads:Minimal spread on the currency pair EUR/USD - 1 pips * on standard account type
Tradable assets:
Might be a CFD.
Forex (60), commodities (17), indices (15)
Demo: Yes
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:LCG Trader
Social trading:No

London Capital Group Fees (minimal spreads)

We have scanned fees (minimal spreads) that London Capital Group charges when trading popular currency pairs, here is their breakdown in pips.

EUR/GBP EUR/USD USD/CHF EUR/JPY GBP/USD USD/JPY
0,8* 1* * * 1* 1*

*Minimal spreads were recorded on 10.06.2019 at 09:41 for the standard account. London Capital Group spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Random reviews of competing FX & CFD brokers: FxOnUs, FiboGroup, City Index and Z.com

Frequently Asked Questions

🧐 Is London Capital Group a Scam?

London Capital Group is a broker licensed and regulated by the FCA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that London Capital Group is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the London Capital Group minimum deposit?

In order to start trading with London Capital Group, you have to deposit at least 0 USD.

📵 What deposit and withdrawal methods London Capital Group supports?

London Capital Group allows funding your account via Debit and Credit Cards, bank transfer, Skrill, Neteller.

⚖️ Would you recommend me choosing London Capital Group?

We don’t have our own personal experience with London Capital Group. However, because the broker is regulated by the FCA, there is a high chance that it is not a scam. With that being said, it still does not mean that London Capital Group is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.

Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Spreads Spreads of the following companies can be as low as Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC FCAFSCA $ 10 MT4 & MT5 0.3 PIPs ¹
  • Competitive spreads
  • International support
Start tradingRead a review
CySECASIC £/€/$ 100 MT4 & MT5 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review
FCACySECASIC £/€/$ 0 MT4, MT5 & TradingView 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.

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