LCG Avis – Reliable Broker or Not?

LCG Review: In this LCG review, we will present the LCG Group, with over 20 years of experience. This broker allows trading of 7,000 instruments across 9 asset classes via the MetaTrader 4 and LCG Trader. Regulated by the FCA, CIMA, CySEC, and SCB, the Group is also listed on the London Stock Exchange, allowing it to provide a secure trading environment. Nevertheless, the broker does not appear on the ACPR-AMF's Regafi website. Trading conditions on the Forex markets are attractive thanks to its ECN account, similar to those offered by... Vantage And the fees associated with stock trading are generally similar to other brokers. The educational and training content offering is clearly not very extensive, which could discourage some traders. Let's find out more about this broker in this LCG review.

Avantages & Désavantages of the LCG broker

Who is LCG?

Let's start this LCG review by presenting the broker. London Capital Group Holdings plc (LCG Group) is a company registered in England and Wales (number 05497744) and is a member of the NEX stock exchange. A company listed on the London Stock Exchange, the LCG broker offers trading of Over 7,000 spot and futures financial instruments are offered through several entities worldwide (UK, Cyprus, Bahamas, Cayman Islands). Customer reviews are somewhat more mixed compared to Capital.com reviews.
LCG review – Broker Market Maker or ECN? It is written in the Cyprus Broker Terms and Conditions that “LCG acts as an ECN (Electronic Communications Network) Broker with Straight Through Processing (STP) providing high-level brokerage services in relation to one or several financial instruments.

LCG at a Glance

Can we trust LCG in August?

Before you start trading with a broker, you should always ask yourself if the latter is not a scam, if it is safe and if the trading funds that you are going to deposit with this broker are safe.

Then, it is important to carefully check the authorizations, regulations and regulations that govern the broker in order to know what are the rules that he must respect and what are the protections to which you are entitled in the event of bankruptcy of the broker or disagreement on a particular situation.

To do this, it is important to always use the official website of the LCG broker to be sure not to use another broker unintentionally. Then, you can check the broker authorizations on the broker's home page (usually in the footer at the bottom of the page). Then, you can go to the regulators' sites to confirm that a broker has received regulation and when.
Note – You will find all the information on the authorizations obtained by LCG in the regulation part of the broker and at the bottom of this LCG opinion article.

Scams around the LCG Broker

Scammers and fraudsters constantly seek to use the popularity of regulated and serious companies like LCG. That's why many scammers claim to be from legitimate, regulated companies. That's what happened with theLCG entity regulated by the FCA.

Several companies claimed to be LCG using its Business Reference Number (FRN) and real address to suggest they were genuine:

• Qtrade – Added to the FCA's Financial Services Register on January 12, 2025

• London Capital Group (clone) – Added to the FCA FS register on October 27, 2015.

• Tradignition – Added to the FCA FS register on March 25, 2015.

PS: It is also important to make sure that you are not looking at the offer of a company with a similar or even identical name but not offering quite the same services as is the case with LCG Finance. This LCG review is indeed dedicated to the British broker LCG.

What Are the Official Addresses of the LCG Broker?

You have now understood with the information in this LCG review that the broker has several units around the world. Of course, it is important to study this LCG notice based on where you live to determine if the information in this LCG broker notice is relevant to you.

London entity

Notice LCG – LCG Limited (LCG). This is a company incorporated under English and Welsh law and authorized and regulated by the FCA. The company's registered office is located at the following address:
3rd Floor
80 Cheapside
London
EC2V 6EE
United Kingdom

Cyprus entity

LCG Notice – LCG (CYPRUS) Limited (LCG CY). It is a Cypriot company, authorized and regulated by CySEC. The broker is domiciled at the following address:
205 Arch. Makarios Avenue III
Victory House
5th Floor
3030 Limassol
Cyprus

Cayman Islands entity

LCG Notice – LCG Int. Limited (LCG INT). This is a company registered in the Cayman Islands, authorized and regulated by CIMA. The broker is located at the following address:
Conyers Corporate Services (Cayman) Limited,
Cricket Square, Hutchins Dr.
PO Box 2681
Grand Cayman KY1-1111

Broker Regulation London Capital Group

The broker London Capital Group has several regulated entities in different parts of the world as explained earlier in this LCG notice:

• London Capital Group Limited (LCG Group) – Regulated in the UK since 2001 by the Financial Conduct Authority (FCA) – FCA registration number: 182110

• London Capital Group (Cyprus) Limited (LCG CY) – Regulated in Cyprus since 2017 by the Cyprus Securities and Exchange Commission or CySEC – License number: 341/17

• LCG Int. Limited (LCG INT) – Regulated in the Cayman Islands by the Cayman Islands Monetary Authority (CIMA) since 2018 – License number: 1445894

In this LCG review, we would like to suggest other brokers that are regulated by the CySEC, the FCA or the ASIC in Australia, because we believe that these brokers could interest you because they offer interesting trading conditions:

Is LCG an AMF Authorized Broker?

LCG Review: LCG Broker France, Does It Exist? No.
Although we have shown in this LCG notice that the broker has an entity in Cyprus benefiting from a European passport to automatically offer its services in European countries, the register of financial agents (Regafi) – which lists all companies that have obtained authorization to carry out their activities in France from the Prudential Control and Resolution Authority (ACPR) – does not allow the broker LCG to be found.

Additionally, the CySEC page dedicated to the broker London Capital Group does not show France in the countries that are part of the authorized cross-border services to the broker's member states as shown in the image below.

Source: LCG CySEC Broker Page

What Protections For Client Funds Using LCG?

LCG Notice – How are investor funds protected? LCG Limited (UK) and LCG (Cyprus) Limited (Cyprus) are members of compensation funds which allow investors to benefit from a potential compensation scheme if the broker goes bankrupt.

So LCG's UK entity is a member of the Financial Services Compensation Scheme (FSCS), meaning you will be automatically compensated if LCG goes bust up to £85 for a traditional trading account or £000 for a joint account.

The CySEC-regulated LCG entity is a member of the Investors Compensation Fund (ICF) in Cyprus. Thus, all individual clients who use this broker by having a registered account there are covered in the event of payment default by LCG (Cyprus) Limited up to €20 per client.
LCG of course keeps customer funds in segregated accounts at leading banks. Thus, your trading funds cannot be used for other expenses than for your trading.
The broker's Cypriot entity offers a debit balance protection which allows retail traders not to owe the broker any money if their account balance falls below zero. Broker LCG believes that clients of the UK entity will soon be able to benefit from this protection as indicated on its website.

The LCG broker also specifies that you could benefit from the services of a financial mediator if you are not satisfied with the way LCG resolved your complaint. You can contact the Financial Ombudsman (FOS) in the UK if you are using the UK entity or the Cyprus FOS if you are using the Cyprus entity.

What Awards Does LCG Receive?

LCG has received several awards and accolades for its services, innovation and technologies offered. We have grouped in this part of the LCG notice the distinctions received by the broker classified by year:

• 2009 : Investors Chronicle / FT Investment Awards – Spread Betting Provider of the Year
• 2010 : EGR price – Financial Betting Operator of the Year
• 2011 : Investors Chronicle / FT Investment Awards – CFD Provider of the Year
• 2012 : Money AM Prize – Best Online Trading Platform – Capital Spreads
• 2012 : Money AM Prize – Best Mobile / Tablet App – Capital Spreads
  
• 2013 : Money AM Prize – Best Mobile/Tablet Application – Capital Spreads
  
• 2015 : Price Actions – Better use of social media 
  
• 2015 : UK Forex Awards – Forex Innovator of the Year
  
• 2016 : Online Personal Wealth Pricing – Best Platform – Capital Spreads
  
• 2016 : Online Personal Wealth Pricing – Online Personal Wealth Awards
  
• 2016 : UK Forex Prices – Best Forex Fundamental Analysis Provider
  
• 2016 : Price Actions – Best Mobile/Tablet Trading App
  
• 2017 : City of London Wealth Management Awards – Best spread betting provider

What Types of Trading Accounts Can I Trade on LCG?

The types of trading accounts available at LCG are relatively simple:

• a classic trading account for trading CFDs
• an ECN trading account
• a VIP trading account
• an Islamic account
• a professional trading account
• a demo account

Le An ECN account is designed for those who want to take advantage of this type of execution in the Forex market with spreads starting from 0 pips and no requotes. While there is no minimum deposit required to use a standard CFD trading account, you must have at least £10,000 to use an ECN account.

If you want to invest €25 or more with LCG, you can benefit from the ECN account and also the VIP services offered by the broker which will allow you to obtain specific trading conditions for your trading strategy and personalized support.
Note – Like almost all brokers today, LCG of course offers a demo account so you can test the platform and broker features with virtual funds.
Muslim traders will also be able to take advantage of a A swap-free account with LCG. This will make it easier for them to trade in accordance with Sharia principles for halal trading.

Finally, traders who want to take advantage of a higher leverage effect can apply to LCG to use a Professional trading account. Therefore, the restrictions imposed by ESMA regarding leverage on CFDs in Europe will not apply. However, you will not benefit from negative balance protection.

Trading Instruments Offered by LCG

• Forex : more than 60 currency pairs
• CFDs on Commodities : range of precious metals, energy raw materials and agricultural raw materials
• CFDs on Indices : more than 14 clues
• Share CFDs : more than 4 stocks from all over the world
• CFDs on Bonds and Interest Rates: 9 bond and interest rate-linked instruments
• ETF : more than 500 ETFs available
• Vanilla and futures options on many asset classes

Stock Market Leverage at LCG

Leverage is a powerful tool for investors because it allows you to amplify market movements to potentially earn more. The level of leverage available at LCG depends on your trading status (individual vs professional), the assets you trade and the LCG entity you trade through.

The maximum leverages offered by theLCG entities in the Bahamas are obviously higher than those offered by the UK or Cyprus entities (as can be seen in the table below), because the regulations are not at all the same.

We have grouped in the part of this LCG review below, the maximum leverage levels by client category and by asset (classic CFD account) for you to understand LCG Cyprus policy and decide what kind of leverage stock market you want to use with the broker.

Forex

Maximum Leverage – Major Pairs

Maximum Leverage – Secondary Pairs

Maximum Leverage – Scandinavian Pairs

Maximum Leverage – Exotic Pairs and Emerging Country Pairs

Maximum Leverage – Australia and Asia Pairs

Commodities

Maximum Leverage – Spot Metals

Maximum Leverage – Metals Futures

Maximum Leverage – Spot Energies

Maximum Leverage – Future Energies

Maximum Leverage Effect – Commodities from Future Agriculture

Stocks

Maximum Equity Leverage – Spot

ETF

The maximum leverage for retail traders trading ETFs is 1:5 and 3% for professional traders.

Stock Exchange

Maximum Leverage Indices – Spot

Maximum Leverage Indices – Futures

Bonds and Interest Rates

Maximum Leverage – Bonds

The maximum leverage for retail traders trading interest rates is 1:5 and 1:1000 for professional traders.

All about Deposits and Withdrawals at LCG

One of the most important aspects of a broker review concerns the payment methods accepted. This is why one can often read in forums questions about “financing available on LCG”. In this part of our LCG review, we will therefore show you which are the financing methods accepted by LCG that you can use through the LGC broker in the United Kingdom (FCA) or in Cyprus (CySEC).

Deposits and Withdrawals – FCA Entity

Deposits and Withdrawals – CySEC Entity

How to contact LCG?

• Live chat : website of the broker LCG

• E-mail : [email protected] (customer service) or [email protected] (sales department)

• telephone : +357-25266699 Monday to Friday 5:00 a.m. to 22:00 p.m. (GMT) for customer service or +357 25 266661 Monday to Friday 8:00 a.m. to 20:00 p.m. (GMT) for sales department or +357-25266655 Sunday 22:00 p.m. (GMT) ) to Friday 22:00 (GMT) (Dealing Desk service)

• Social networks: Facebook, Twitter, LinkedIn

What Are the Fees Applied by the LCG Broker?

Forex

Forex Spreads – Major Pairs

Forex Spreads – Secondary Pairs

Forex Spreads – Scandinavian Pairs

Forex Spreads – Exotic Pairs and Emerging Country Pairs

Forex Spreads – Australia and Asia Pairs

Commodities

Spreads – Spot Metals

Spreads – Metals Futures

Spreads – Spot Energies

Spreads – Future Energies

Spreads – Agricultural Commodities Futures

Stocks

Equity Spreads – Spot

ETF

ETF Spreads – Spot

Stock Exchange

Index Spreads – Spot

Indices Spreads – Futures

Bonds and Interest Rates

Spreads – Bonds

Spreads – Interest Rates

Trading Platforms Offered by the Broker LCG

With LCG Trader offers traders a robust and technologically advanced platform for trading currencies, metals, indices, stocks, futures, bonds, and interest rates. This platform is fully customizable with over 70 technical indicators.

Opinion of Clients on the LCG Trader Platform

Slippage and Order Execution on LCG

To provide a high quality of trading, LCG strives to keep the probability of execution of its clients' orders as high as possible by trying to contain the rejection rate (rejection rate) to get it as low as possible.
According to a January 2020 document on the company's Best Execution Policy, less than 0,5% of all orders submitted to LCG are rejected, mostly due to price (un)availability or position size.
In the case of a price not available, we speak of slippage. When the price requested by a trader could not be executed, because it has changed since the order arrived on the platform, or the liquidity in the markets is not sufficient to execute the order with the size of requested position, then the trader experiences slippage.

As the broker explains, “ slippage is the difference between the price executed and the price requested at the time of validation of the order. In the case of market orders, the slippage can be positive (in favor of the clients) or negative (at a lower price) compared to the price observed at the time of the request. ».

Training & Tools Offered by LCG

Just like other more classic stock brokers like BNP, LCL or other banks, online brokers earn money based on transactions made on the online stock exchange or through their establishments. This is why it is important for them to ensure that their clients learn how to properly manage their investment portfolio and that they take advantage of specialized offers.

The LCL bank, for example, offers an "LCL stock market expert" offer with many opinions, BNP offers a "Find out more about the stock market" section on its website and Société Générale offers a section dedicated to how to put money aside to make it fruitful.
It is therefore essential for TraderFrancophone to highlight the importance of training for the brokers we analyze. A good broker should want to educate its traders so that they can improve their trading performance. This is why we continue this LCG reviews with the training and educational tools offered that are most relevant for traders.
1. Economic Calendar

With this tool, the LCG broker allows its traders to stay abreast of news that could influence the markets. There are indeed publications that can lead to significant movements such as growth, inflation or employment figures. There are also all the announcements relating to central bank decisions.

2. Market News (not available in French)

Every day, LCG analysts analyze economic, political and financial news that has consequences on global financial markets. This is aboutvantage of fundamental analysis.

3. Technical Analysis

To improve the trading experience of its customers with services from the best providers, LCG collaborates with Trading Central to offer trading signals and advanced and professional technical analysis, particularly on the Forex market, stocks, indices or more raw materials. To take advantage of this service, all you need is a real, funded LCG trading account.

The broker explains that Trading Central allows you to benefit from numerousvantages like:

• analytics to identify price direction and trend;
• technical and mathematical indicators, as well as algorithms to better detect trading opportunities;
• and signals based in particular on Japanese candlesticks to identify trend reversals.

4. How-to videos on trading for beginners and for advanced traders (not available in French)

These video aids allow all types of traders to discover, assimilate or review trading-related concepts to improve their performance.

The beginner level talks about, for example, common trading errors, the difference between fundamental analysis and technical analysis, the different types of charts or even certain important statistics such as GDP, CPI or NFP.

The advanced level is more about technical indicators such as MACD, Fibonacci, Moving Averages or even RSI, or trading techniques such as risk management, trend trading or trading during earnings seasons.

5. Trading Glossary (not available in French)

Like any trading glossary, the one offered by LCG defines the main concepts related to trading: the different markets, instruments, technical indicators, trading tools, concepts related to risk and money management, styles trading and more.

6. Webinars & Seminars (not available in French)

Although the health situation linked to Covid-19 has not made it possible to hold many trading seminars recently, webinars are easier to organize and make it possible to offer a kind of online trading class on a specific subject: techniques and trading strategy, major political event (like the US presidential election), money management, etc.

Can I Benefit from a Welcome Bonus with LCG?

No. LCG does not offer any welcome bonus to its new customers. However, there are other popular and serious brokers that offer bonuses on new deposits, including Vantage and FXPRIMUS.
While we have shown in our FXPRIMUS review that the broker does not offer its services to French traders, the review Vantage shows that the broker seems to be particularly popular with traders in France and around the world.

The Australian broker offers a welcome bonus of 50% on the first deposit for its new clients who want to open a Standard STP account. Without forgetting that for each standard lot traded, Vantage says transform 2 units of the bonus into cash that can be withdrawn.

LCG – Best Broker to Trade Stocks in 2025?

LCG is definitely one of the best brokers to trade stocks with leverage due to the variety of its offer.

The broker indeed offers CFDs on more than 4 stocks from different parts of the world: you can trade stocks from the United Kingdom, the United States, Germany, France, Germany, Denmark, Netherlands, Norway, Sweden, Switzerland, Spain, Austria, Finland, Portugal and Italy.

The majority of the fees charged for trading CFDs on stocks via LCG is 0,10%, except 0,12% for Italian stocks, 0,20% for stocks which are not linked to the SEAQ (Electronic Quotation System of the London Stock Exchange) and 0,25% for shares linked to the SEAQ.

Also worth noting is the trading of US stocks which is offered for 2 cents per share for US stocks under $50 per share or for 4 cents per share for US stocks over $50.

These conditions are similar to those offered by IG Markets except for stocks in the following countries: France, Germany, Ireland, Spain, Finland, the Netherlands and Portugal, where they seem to be more attractive at IG Markets: commissions of 0,05% per transaction.

LCG – Best Broker To Trade the Forex Market in 2025?

LCG offers a trading account with an execution mode called ECN or Electronic Communication Network to trade Forex.

Via this technology, LCG directly connects traders and its liquidity providers for faster order processing. Thus, the broker can offer spreads avantageux compared to other brokers that do not offer this type of trading account as shown in the table below. Alone Vantage seems to stand out in the Forex market with its ECN and STP accounts.

It is for this reason that many traders choose LCG's ECN account to trade Forex. Since there are other Forex brokers offering an interesting and similar offer to traders, we have compiled a comparison of the Forex spreads applied by several popular brokers:

Does LCG Offer a Demo Account?

Yes. Like most serious, popular and regulated brokers, the LCG broker offers a demo account which allows its potential clients to test its services and the trading platform with fictitious funds before using it to trade the real funds markets. .

❓What Types of Trading Accounts Does LCG Offer?

LCG offers a classic CFD trading account with no minimum deposit, an ECN trading account with a deposit of £10, a VIP account for a minimum amount of €000, an Islamic trading account and a demo account. It would also seem that the limited risk account is applicable to French customers.

What is the Minimum Amount to Deposit to Trade with the LCG Broker?

LCG does not require any minimum deposit for its classic CFD trading account. Simply put an amount that allows you to cover your trading positions. The ECN trading account must constantly have a balance of £10. Clients wishing to take advantage of the broker's VIP services will have to invest €000.

What Payment Methods Does LCG Accept?

You can fund your LCG trading account via wire transfer, Visa, MasterCard, Skrill and Neteller with the broker entity in Cyprus.

Can I trade with MT4 on LCG?

As explained in this LCG review, the broker offers two trading platforms so far: MetaTrader 4 and LCG Trader. These two versions are available on different devices: LCGTrader Web, Mobile (iOS, Android), MetaTrader 4 Desktop, Web, Mobile (iOS, Android).

What is the Best Alternative to LCG?

Our trading community particularly appreciates the following brokers: Vantage (for its welcome bonus and leverage), Axi (for its advanced trading tools) and eToro (for its simplicity).

Have you used LCG before and want to share your experience? Leave us a comment !