London City Group
Overall Rating:★ ★ ★ ★ ★ (4.5 / 5)
Introduction★ ★ ★ ★ ★ (5/5)
Licensing and Regulation★ ★ ★ ★ ★ (5/5)
Mobile Trading★ ★ ★ ★ ★ (5/5)
Brand & Functionality★ ★ ★ ★ (4/5)
Registration Process★ ★ ★ ★ ★ (5/5)
Depositing Process★ ★ ★ ★ (4/5)
Product Offering★ ★ ★ ★ (4/5)
Trade Execution★ ★ ★ ★ (4/5)
Banking★ ★ ★ ★ ★ (5/5)
Customer Support★ ★ ★ ★ (4/5)
Trading Tools★ ★ ★ ★ ★ (5/5)

Broker Information

User Rating
London City Group
5 (100%) 1 vote[s]
Account Types
Account Currency
Customer Support
Min Funding


    ★ ★ ★ ★ ★

    London Capital Group, or LCG for short, has been operating for more than two decades within the online trading industry. They do so by offering a secure and experienced broker when it comes to trading online. Their commitment is to provide professional service, advanced technology, and competitive prices for all types of traders provided on more than 7,000 products spread across nine different asset classes. As a client, you will gain access to Vanilla Options, ETFs, Cryptocurrencies, Interest Rates, Bonds, Shares, Commodities, Indices, and Forex.

    In addition, LCG has received fresh approaches when it comes to capital investment which amounts to £17 million thanks to an investment banker. It’s for this reason that LCG has undergone significant changes to upgrade the quality of their services successfully and to expand their range further. Those changes include continuous support offered in several languages, in-depth trading education, seminars, tutorials, expert analysis, and breaking news offered by LCG.

    LCG is essentially considered a specialist provider when it comes to comprehensive financial trading services. This is thanks to Investor Relations and the ability to reserve brand credibility of its partners while they facilitate strong revenue enhancement. In a nutshell, LCG incorporates fresh solutions and innovations to all trading processes which is confirmed by their partners and clients. Additionally, the company has been recognised for their achievements through many as well as through many international awards. LCG is also the official sponsor of Stan Wawrinka who is a global brand ambassador, role model, and professional tennis player.

    Licensing and Regulation

    ★ ★ ★ ★ ★

    London Capital Group is a registered company in Wales and England and is a member of the NEX Exchange. Its operations in the U.K are regulated and authorised by the Financial Conduct Authority, while its Cyprus offices operate under the Cyprus authorities and Exchange Commission as well as Cyprus Securities.

    As a regulated broker service provider with more than 20 years of industry experience, the company is committed to showing performance transparency, dealing with client funds, and adhering to strict rules of operation. The secure funds storing system provides an added layer of confidence to clients thanks to the tailor-regulated rules, including holding funds of clients in a Tier 1 bank, participation in the compensation or scheme funds, and full segregation of accounts.

    Mobile Trading

    ★ ★ ★ ★ ★

    LCG not only provides its broker services on desktop but also offers its services on both Android and IOS devices, including mobile and tablets. The LCG mobile apps are specifically designed and refined for multi-asset trading through an easy, user-friendly interface that is optimised for mobile use. The mobile apps come equipped with lower spreads along with price improvement technology, deep liquidity from Tier 1 banks and fast order execution. They include a comprehensive charting package that is designed for mobile devices and the ability to create, fund, and manage your account from one innovative app.

    Brand & Functionality

    ★ ★ ★ ★

    Established in 1996, the LCG brand has more than 20 years of industry experience. For professional traders that are looking for excellent support, service reliability, low fees, and peace of mind along with FCA regulation, LCB is the broker of choice. The company has a long history of serving spread betting customers and institutional clients in the London financial sector. LCG also boasts a remarkable selection of awards to verify the brand’s commitment to providing an all-in-one trading experience online. These include Best Tablet/Mobile Trading Application in 2016, Best Forex Fundamental Analysis Provider in 2016, Forex Innovator of the Year in 2015, Best Platform Capital Spreads in 2014 and CFD Provider of the Year in 2011.

    Registration Process

    ★ ★ ★ ★ ★

    Registering at London Capital Group only takes a few seconds, allowing you to trade in minutes. The registration process can be completed on either desktop or mobile devices, giving you the option to choose from over 20 different languages. During the registration process, you will need to provide your contact information, such as email address, country of residence, and mobile number. You will also need to choose between one of four supported currencies and select between two platforms, including MetaTrader 4 and LCG Trader. Thereafter, you simply need to create your password, complete your personal details, home address, financial and employment background details, and your trading experience. It’s that easy. However, before you are able to deposit funds into your account, you will need to provide a copy of your ID and proof of address. Without these documents, you will not be able to deposit any funds on your account.

    Depositing Process

    ★ ★ ★ ★

    Once your account has been registered, and you provided the necessary documentation, you can choose between several payment methods to fund your account. LCG offers a wide range of deposit methods, including Neteller, Skrill, credit cards, debit cards, and bank wire transfer. You won’t have to pay any additional fees when it comes to making a deposit to your account. All funds should reflect within the same working day regardless of the method you choose to use. Simply visit the banking section, select your preferred payment method, and enter the amount you wish to deposit.

    Product Offering

    ★ ★ ★ ★

    There are several reasons to trade with LCG. The company was established in 1996 and is headquartered in London. The company is also listed on the London Stick Exchange and is regulated by the Financial Conduct Authority. Asset options range from minor and major currency pairs to commodities and indices. LCG also offers extremely low commission chargers which are indicated on the FX spreads with no hidden fees. Pip spreads on majors start at around 0.6 pips, and your leverage will vary by asset type. Traders will also receive a demo account along with daily emails with analysis and market commentary to get you started. In addition, you can also take advantage of the customer service centre that is available 24 hours a day.

    Trade Execution

    ★ ★ ★ ★

    When you open a CFD Trading account with London Capital Group, you will be able to trade Stocks/Shares, Precious Metals, Interest Rates, Indices, Forex, ETFs, Energies, Commodities, CFDs, and Bonds. The CFD Trading account at LCG primarily offers MM execution model which provides the maximum leverage of 1:500, while the spread will float at around 0.8 pips. Traders will be able to select from USD, GBP, and EUR where the minimum deposit is $1.00. LCG also adopted Negative Balance Protection which means that you will never lose more than what you deposited in your account with both CFD and Forex investment.


    ★ ★ ★ ★ ★

    As previously stated, LCG offers a fantastic selection of payment methods for both deposits and withdrawals. Traders can choose between Skrill, Neteller, Debit/Credit cards, and even use Bank Wire Transfer as their preferred payment method. All transactions are secured and encrypted with the latest 256-bit SSL encryption technology, and all payments will be processed in a timely manner. Withdrawals via Neteller and Skrill will usually reflect in your account within 24 hours, while payment via credit/debit cards can take up to 3 days. Please also keep in mind that payment via Bank Wire Transfer can take up to 5 working days.

    Customer Support

    ★ ★ ★ ★

    The London Capital Group boasts with an excellent customer service centre that can be reached through multiple contact channels. Traders can either give them a call, send an email, or utilise the live chat facility on the site. The LCB website also comes equipped with an extraordinary selection of trading videos and guides as well as webinars and seminars to stay well informed on all forex trading news from around the world. The support desk is available around the clock to ensure you are never left in the dark.

    Trading Tools

    ★ ★ ★ ★ ★

    LCG features two highly sophisticated trading platforms that have both been awarded for their usability and functionality, including the LCG Trader and the Meta Trader 4, or MT4. The LCG Trader is essentially a proprietary multi-asset trading platform that is compatible with both desktop and mobile devices. The platform is removed for its advanced charting capabilities and lightning-fast execution speeds. Traders can enjoy a one-click deal directly from the charts and have access to more than 70 technical indicators.

    The Meta Trader 4 is basically LCG’s version of the most sough-after and popular trading platform in the financial industry. The Meta Trader 4 can be downloaded on Linux, Mac, and Windows operating systems for free. The trading platform offers extremely advanced functionality and comes equipped with a wide range of features, including advanced charting capabilities and algorithmic trading. In addition, its extremely user-friendly, secure and safe. Overall, the Meta Trader 4 trading tool is well equipped and features a modern design to offer an exceptional trading experience for both beginner and experienced traders.