London Capital Group Review 2020

London Capital Group Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.
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London Capital Group Guide

London Capital Group are an online broker founded in 1996 offering Forex trading, CFDs trading, and Spread Betting trading.

London Capital Group are a global broker and have a head office in UK.

London Capital Group have a listed stock symbol. This means that London Capital Group have publically listed and you can officially buy shares in London Capital Group on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of London Capital Group we break down the pros and cons. What London Capital Group are able to offer, what countries London Capital Group are available in. Who London Capital Group are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with London Capital Group

Open London Capital Group's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to London Capital Group

With this review we hope to help you see if London Capital Group is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding London Capital Group that will help you get off to a good start in the world of online trading.

London Capital Group Review Table of Contents

London Capital Group what you should know

London Capital Group offer three ways to trade: Forex, CFDs, Spread Betting.

With London Capital Group you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with London Capital Group platform.

London Capital Group are able to accommodate various levels of traders whether you are experienced or a beginner.


Are London Capital Group safe?

When choosing a broker like London Capital Group the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 1996, and in operation for 24 years London Capital Group have a head office in UK.

London Capital Group is regulated. This means London Capital Group are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to London Capital Group, this will be honored. If London Capital Group violate any regulatory rules their regulated status could be stripped.

Any payments funded to London Capital Group accounts by traders are held in a segregated bank account.

For added security London Capital Group use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with London Capital Group. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit London Capital Group

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker LCG eToro IC Markets Trading212
Year Established 1996 2006 2007 2006
Head Office UK Cyprus, UK Australia UK
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 60,000+ 14,000,000+
Negative balance protection Yes No Yes Yes
Guaranteed Stop Loss Yes No No Yes
Learn More Visit London Capital Group Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

London Capital Group Pros and Cons

What we like about London Capital Group

  • Used by over 10,000 traders
  • Established in 1996
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $100

What we don't like about London Capital Group

London Capital Group Financial Regulation and Supervision in more detail

We have checked and London Capital Group is regulated and supervised by reputable organisations. You are able to check every London Capital Group supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with London Capital Group. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect London Capital Group traders and provide a safe trading environment.

London Capital Group is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as London Capital Group you should be sure they're legitimate online agent.

London Capital Group Awards

London Capital Group have won numerious industry awards over the 24 years they have been operating as a financial broker. We list the most notible awards and mentions for London Capital Group below.

  • City of London Wealth Management Awards Best Spread Betting Provider 2017
  • Shares Awards Best Mobile/Tablet Trading Application 2016
  • UK Forex Awards Best Forex Fundamental Analysis Provider 2016
  • Online Personal Wealth Awards Best use of social media 2016
  • UK Forex Awards Forex Innovator of the Year 2015
  • Online Personal Wealth Awards Best platform Capital Spreads 2014

London Capital Group General Fees

  • London Capital Group doesn't charge withdrawal fees
  • London Capital Group doesn't charge inactivity fees
  • London Capital Group doesn't charge deposit fees
Broker LCG eToro IC Markets Trading212
Min Deposit 100 200 200 1
Withdrawal Fees No Yes No No
Inactivity Fees No Yes No No
Deposit Fees No No Varies No
CFD Commission Fees Yes (0.1% - 0.25%) No Yes No

London Capital Group Commissions

  • London Capital Group does charge commission on CFD instruments.

What can you trade with London Capital Group?

Be aware that Different entities under London Capital Group Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with London Capital Group over 100 instruments infact.

If you are looking at trading currency pairs London Capital Group offer over 70 currency pairs.

Compare London Capital Group with eToro and IC Markets below.

Your capital is at risk

Broker LCG eToro IC Markets Trading212
Instruments Available 100 100 232 3000
Platforms MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps
FX / Currencies Visit London Capital Group Visit eToro Visit IC Markets Visit Trading 212
Forex pairs offered 70 50 65 177
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit London Capital Group Visit eToro Visit IC Markets Visit Trading 212
Commodities Offered 10 0 19 14
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs Visit London Capital Group Visit eToro Visit IC Markets Visit Trading 212
Stocks Offered 957 100 1731
UK Shares Yes Yes No Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes

Trading on London Capital Group web platforms and other applications

London Capital Group offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

London Capital Group also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See London Capital Group's platforms

London Capital Group Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

London Capital Group Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • STP account
  • Islamic account

Can I try London Capital Group before I buy?

London Capital Group offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

London Capital Group withdrawal and funding methods.

Please note that the list of payment methods below depend on the London Capital Group Entity and the Clients Country of Residence.

London Capital Group offer the below funding payment methods. learn more about London Capital Group

  • Credit cards
  • Bank Transfer
  • Skrill
  • Payoneer
  • Neteller
Broker LCG eToro IC Markets Trading212
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer Yes Yes No
Neteller Yes Yes Yes No

How can I start trading with London Capital Group?

When opening a trading account with London Capital Group, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on London Capital Group trading platforms here.

Performing trades with London Capital Group

London Capital Group allow you to execute a minimum of trade of £0.50. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As London Capital Group offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

London Capital Group are one of very few brokers that claim to have no requotes, so you don't have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the instruments.

London Capital Group also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders, negative balance protection, price alerts, and much more. You can see all of the account features offered by London Capital Group here.

London Capital Group Leverage and London Capital Group CFDs Explained

let's take a look at some of the basics of using London Capital Group leverage.

London Capital Group offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

London Capital Group leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the London Capital Group trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The London Capital Group leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

London Capital Group CFDs are typically used for short to medium term trades. For example London Capital Group intraday trading.

Limiting Your Risk When Trading with London Capital Group Negative Balance Protection

We should say something about negative balance protection with London Capital Group. When trading using leverage an adverse move could result in losing more than your trading account balance at London Capital Group. Your London Capital Group account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

Limit Risk When Trading with London Capital Group Stop Loss, London Capital Group Stop Limit Orders

A stop-loss order is an order placed with a broker like London Capital Group to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at London Capital Group

To trade effectively with London Capital Group, it's important to get a have a good understanding of the London Capital Group trading tools and the markets.

London Capital Group offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with London Capital Group.

Take time to look around the London Capital Group platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at London Capital Group

London Capital Group support a wide range of languages including English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese.

London Capital Group have a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

London Capital Group customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at London Capital Group

We tested the London Capital Group live chat and it works well. We sent messages to London Capital Group livechat through their app and website and recieved a response within 3 minutes.

We tested communicating with London Capital Group support in multiple languages in multiple countries. London Capital Group where able to quickly resolve our customer issues.

Email Support at London Capital Group

We sent several emails to London Capital Group and answer times overall were excellent. The fastest response from London Capital Group was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with London Capital Group, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from London Capital Group.

Phone Support at London Capital Group

We called London Capital Group and the call was answered very quickly. The call was answered in less than 1 minutes.

The London Capital Group phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual London Capital Group team by calling in varying languages. London Capital Group made an effort to make sure our queries were answered.

Overall great phone support from London Capital Group.

See how London Capital Group Support Compares Against Other Brokers

Broker LCG eToro IC Markets Trading212
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. English, German, Spanish, French, and Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit London Capital Group Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with London Capital Group

As London Capital Group is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under London Capital Group Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore London Capital Group's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with London Capital Group you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.LCG.com on 12th August 2018.

Is London Capital Group A Good Broker?

We spent over 3 months examining London Capital Group in depth. Although we found some very useful aspects of the London Capital Group platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative London Capital Group broker.

  • London Capital Group have a good track record of offering Forex, CFDs, Spread Betting.
  • London Capital Group has a history of over 24 years.
  • London Capital Group has a reasonable sized customer support of at least 10.
  • London Capital Group are regulated by Financial Conduct Authority (FCA). This means London Capital Group fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • London Capital Group have regulation from a Tier 1 reputable country.
  • London Capital Group has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • London Capital Group have an international presence in multiple countries. This includes local London Capital Group seminars and training.
  • London Capital Group are able to hire people from various locations in the world who can better communicate in your local language.

London Capital Group Risk Disclaimer

Your capital is at risk

London Capital Group not quite right?

Check out these London Capital Group Alternatives

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LONDON CAPITAL GROUP Frequently Asked Questions

Can I try London Capital Group before I buy?

London Capital Group offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do London Capital Group accept?

Please note that the list of payment methods below depend on the London Capital Group Entity and the Clients Country of Residence.

London Capital Group offer the following funding payment methods accept Credit cards, Bank Transfers, Skrill, Payoneer, Neteller, Wire Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is London Capital Group safe?

London Capital Group are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to London Capital Group accounts by traders are held in a segregated bank account. For added security London Capital Group use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is London Capital Group trading good?

London Capital Group is considered good and reputable to trade with. London Capital GroupLondon Capital Group is used by over London Capital Group active traders. London Capital Group offers Forex trading, CFDs trading, and Spread Betting trading. Minimum deposit with London Capital Group is 100.

Is London Capital Group trading Legit?

London Capital Group was founded in UK in 1996. London Capital Group has been facilitating trade on the financial markets for over 24 years. London Capital Group offers clients Forex trading, CFDs trading, and Spread Betting trading. All funds deposited to London Capital Group are held in segregated tier 1 bank accounts for security. London Capital Group is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is London Capital Group a good broker?

London Capital Group is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. London Capital Group allows Forex trading, CFDs trading, and Spread Betting trading.

Is London Capital Group trustworthy broker?

London Capital Group can be considered trustworthy. All money funded to London Capital Group is placed into a segregated tier 1 bank account. this means your money in not held by London Capital Group directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also London Capital Group is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for London Capital Group?

The minimum deposit to trade with London Capital Group is 100.

How long do London Capital Group withdrawals take?

Withdrawing money from London Capital Group processing time varies but averages 2-5 days.

Is London Capital Group regulated?

London Capital Group is regulated by Financial Conduct Authority (FCA).

Is London Capital Group a market maker?

London Capital Group is a market maker. Stocks, currency and other commodities and instruments will be purchased by London Capital Group even if no buyer is lined up.

How can I start trading with London Capital Group?

When opening a trading account with London Capital Group, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on London Capital Group trading platforms here.

Is my money safe with London Capital Group?

London Capital Group is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like London Capital Group is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to London Capital Group, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is London Capital Group a con?

London Capital Group is regulated and well established having been in business for over 24 years. London Capital Group is definitely not a con.

Can you make money with London Capital Group?

Although traders have had great success with London Capital Group. Trading on the financial markets with London Capital Group is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does London Capital Group have fees?

London Capital Group doesn't charge withdrawal fees. London Capital Group doesn't charge inactivity fees. London Capital Group doesn't charge deposit fees.

When was London Capital Group founded?

London Capital Group was founded in 1996.

How many people use London Capital Group?

London Capital Group is used by over 10000 registered traders.

What is London Capital Group Headquarters country?

London Capital Group has its head quarters office in UK.

Does London Capital Group offer negative balance protection?

London Capital Group offers negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does London Capital Group offer guaranteed stop loss?

London Capital Group offers guaranteed stop loss protection. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does London Capital Group allow scalping?

London Capital Group offers scalping.

Does London Capital Group allow hedging?

London Capital Group offers hedging.

Does London Capital Group offer CFD trading?

London Capital Group offers CFD trading.

Does London Capital Group offer STP?

London Capital Group offers STP trading.

How many people use London Capital Group?

London Capital Group is used by over 10000 traders.

Is London Capital Group an ECN broker?

London Capital Group offers ECN trading.

Does London Capital Group offer a demo account?

London Capital Group offers a demo account.

Does London Capital Group offer an Islamic account?

London Capital Group offers a Islamic accounts.

What are the funding methods for London Capital Group?

London Capital Group accept the following funding methods : Credit cards, Skrill, Payoneer, Neteller, Bank Transfer.

London Capital Group review written by Andrew Blumer and Mark Hansen

We hope you found our review of the London Capital Group brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

London Capital Group review written by Mark Hansen of Comparebrokers.co