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LCG Broker Review
Updated: May 8, 2023
Last Updated On May 8, 2023
3.95
/ 5
| 🏦 Min. Deposit | USD 5 |
| 🛡️ Regulated By | CySEC, FCA, SCB |
| 💵 Trading Cost | USD 20 |
| ⚖️ Max. Leverage | 500:1 |
| 💹 Copy Trading | Yes |
| 🖥️ Platforms | MT4 |
| 💱 Instruments | Commodities, Forex, Indices, Stock CFDs, Bonds, Futures, Metals, ETFs, Bonds, Vanilla Options, Interest Rates |
Most retail CFD accounts lose money. Your capital is at risk.Last Updated On May 8, 2023
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.
Our verdict on LCG
Founded in 1996 in London, UK, LCG is a traditional, FCA-regulated broker with a clearly stated product offering. Account types are simple, with a single live account with no minimum deposit and tight spreads, which can also be easily converted into an Islamic swap-free account – an ECN Account also exists but the minimum deposit is 10,000 USD.
LCG has a huge range of tradeable assets – including bonds, interest rates and ETFs – and supports both MT4 and its proprietary LCG Trader platform. Education and market analysis are both excellent and traders also have access to the Trading Central application for further analytical support.
| 🏦 Min. Deposit | USD 5 |
| 🛡️ Regulated By | CySEC, FCA, SCB |
| 💵 Trading Cost | USD 20 |
| ⚖️ Max. Leverage | 500:1 |
| 💹 Copy Trading | Yes |
| 🖥️ Platforms | MT4 |
| 💱 Instruments | Commodities, Forex, Indices, Stock CFDs, Bonds, Futures, Metals, ETFs, Bonds, Vanilla Options, Interest Rates |
Overall Summary
Deposit & Withdrawal Methods
Supported Platforms for LCG
Account Information
Trading Conditions
Company Details
Deposit & Withdrawal Methods
Supported Platforms for LCG
Pros
- Well regulated
- Wide range of assets
- Tight spreads
- Low minimum deposit
Cons
- Expensive withdrawals
- Slow withdrawals
Editorial Team
Chris Cammack
Head of Content
Chris joined the company in 2019 after ten years experience in research, editorial and design for political and financial publications. His background has given him a deep knowledge of international financial markets and the geopolitics that affects them. Chris has a keen eye for editing and a voracious appetite for financial and political current affairs. He ensures that our content across all sites meets the standards of quality and transparency that our readers expect.
Alison Heyerdahl
Senior Financial Writer
Alison joined the team as a writer in 2021. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers, and she now has over eight years experience in research and content development. She has tested and reviewed 100+ brokers and has a great understanding of the Forex trading world.
Ida Hermansen
Financial Writer
Ida joined our team as a financial writer in 2023. She has a degree in Digital Marketing and a background in content writing and SEO. In addition to her marketing and writing skills, Ida also has an interest in cryptocurrencies and blockchain networks. Her interest in crypto trading led to a wider fascination with Forex technical analysis and price movement. She continues to develop her skills and knowledge in Forex trading and keeps a close eye on which Forex brokers offer the best trading environments for new traders.
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Most retail CFD accounts lose money. Your capital is at risk.
3.95
/ 5
Data provided by FxScouts
LCG Trading Cost Comparison
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