London Capital Group Review

London Capital Group is a reliable British brokerage company. It has gained trust of thousands traders thanks to stable work and favourable terms. The activity of company is regulated by FCA.

Available products

This brokerage company offers clients to work with such financial instruments:

• currency pairs (82);
• CFDs (4759);
• CFDs on cryptocurrency pairs (BTC/USD, BTC/GBP, BTC/EUR).

Spreads and fees

Average spread on classic account for EUR/USD currency pair is 1,45 pips. On ECN account — 0,2 pips — average spread and 0,45 pips — commission. A commission for a circle is 4,5$ for standard lot in case of using LGGTrader platform. In case of the choice of MT4 platform, commission will be almost twice higher — 10$ for 100 000.

Also there are premium services and discount programms for active traders with a deposit more than 25 000 pounds.

Support

The client support is very fast and qualified. You can get an answer on your question for less than a minute, if you call.

Instruments of research and analysis

There are a lot of resources, that can help you create an effective strategy:

• content written by a group of analytics, who provide technical and fundamental analysis;
• webinars with the market analysis;
• research from outside vendors, such as FXStreet;
• Trading Central platform with tools for technical analysis, graphics, trade recommendations and signals.
• latest news on platform.

Platforms

There are 2 of them available:

• MT4 — a standard and well-known platform.
• LCGTrader — an own development of London Capital Group.

The peculiarities of LCGTrader

There are versions for desktop, mobile and online-trading.

The graphics are the main specific feature of this platform. There are 64 indicators. A person can add their own, taking them from cTDN or even painting them by theirselves.

Also there is a built-in feature for automatic trading — cAlgo.

Furthermore, there is a tool for social trading — cMirror.

Advantages

The pluses of work with this brokerage company are:

1. A wide range of trading instruments, including currency pairs.
2. Regulation by the law of the United Kingdom.
3. Registration in LSE.
4. Favourable terms, especially on ECN account on LCGTrader platform.
5. There are 3 cryptocurrency CFDs on pairs with Bitcoin.
6. Fast and qualified client support.

Disadvantages

There are some minuses:

1. High minimal deposit.
2. High spreads on classic account.

Fees on MT4 are twice higher than on LCGTrader.