|Regulated
WikiFX Score
United Kingdom
Comparison
The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
102426016866
customerservices.bhs@lcg.com
--
https://twitter.com/lcgtrading
5 North Buckner Square Olde Towne Sandyport, Sandyport Marina Village, West Bay Street, Nassau, Bahamas
VPS Standard
No restriction on the broker account. Provide service support by WikiFX
Single Core
1G
40G
Company Name
London Capital Group Ltd
Phone of the company
102426016866
Twitter
Facebook
--
Customer Service Email Address
customerservices.bhs@lcg.com
Company address
5 North Buckner Square Olde Towne Sandyport, Sandyport Marina Village, West Bay Street, Nassau, Bahamas
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
Download on the
App Store
Download on the
Google Play
Download on the
Android
The number of the complaints received by WikiFX have reached 29 for this broker in the past 3 months, please be aware of the risk and the potential scam!
The number of this brokers's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!
Comparison
MT4 Download
Subscribe to VPS now
No data
Scan to Download
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.
Current Status:
RegulatedLicense Type:
Market Making(MM)Regulated in Country/Area
Regulatory License No.：
182110Email Address of Licensed Institution :
compliance@lcg.comLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
3rd Floor 80 Cheapside London EC2V 6EE UNITED KINGDOMPhone Number of Licensed Institution :
44 2074567000The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
Current Status:
RevokedLicense Type:
Straight Through Processing(STP)Regulated in Country/Area
Regulatory License No.：
341/17Email Address of Licensed Institution :
compliancecy@lcg.comLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
Arch. Makariou III, 205, VICTORY HOUSE, 5th floor, 3030, LimassolPhone Number of Licensed Institution :
35725266606The Securities Commission of The Bahamas (“the Commission”)（SCB) is a statutory body established in 1995 pursuant to the Securities Board Act, 1995. That Act has since been repealed and replaced by new legislation. The Commission’s mandate is now defined in the Securities Industry Act, 2011 (SIA, 2011). The Commission is responsible for the administration of the SIA, 2011 and the Investment Funds Act, 2003 (the IFA), which provides for the supervision and regulation of the activities of the investment funds, securities and capital markets. The Commission, having been appointed Inspector of Financial and Corporate Services in 1 January 2008, is also responsible for administering the Financial and Corporate Service Providers Act, 2000.
Current Status:
Offshore RegulatoryLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.：
SIA-F194Email Address of Licensed Institution :
sean.munnings@lcg.com,Philip.Dorsett@lcg.comLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
5 North Buckner Square Olde Towne, Sandyport West Bay StreetPhone Number of Licensed Institution :
--
No data
Load failure
根據香港證券及期貨事務監察委員會的規定
為確保您查看資訊及時性和準確性，我們將為您跳轉到相關的監管資訊頁面
Report immediately
0086
Confirm to Submit
Submit successfully!
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
Basic Information & Regulators of LCG Forex
Founded in 1996 and headquartered in London, UK, London Capital Group (LCG) has been an online trading provider for over twenty years, committed to providing competitive pricing, advanced technology, and professional service to all types of investors. The company is currently regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and additional offshore regulation of the Bahar Islands Securities Commission (BISC).
Safety Analysis of London Capital Group
The company is regulated by a Tier-one regulator only - the Financial Conduct Authority (FCA).
Market Instruments
The company offers investors over 7,000 financial trading instruments across eight major asset classes, including Forex, indices, commodities, stocks, bonds & interest rates, general options, and exchange-traded funds. Forex products include CFDs in over 60 currencies, with a full range of popular markets such as USDEUR, GBPUSD, and GBPJPY. Commodities include precious metals such as gold and silver, energies such as US crude oil and Brent crude oil, and soft commodities such as coffee and sugar. Stocks cover 3,500 stocks in the UK, US, and European markets.
Leverage & Account of London Capital Group
The company has set up Islamic accounts and ECN accounts. Islamic accounts are called swap-free accounts, meaning that positions are held without overnight or rollover interest, and LGG offers swap-free accounts to traders abided by the Islamic. The company uses dynamic leverage on its trading platform that adjusts to the size of a user's trading position. As the user's trading position rises, the maximum leverage is adjusted downward accordingly. See following examples of Forex and spot metals:
Spreads & Commission Fees of LCG Forex
The minimum spread for the major currencies is 1.3 pips for EUR/GBP, 3 pips for CHFJPY (minor currencies), 2.1 pips for NZDUSD for Australian markets, and ten pips for USDCNH (emerging currencies). The minimum spread for spot gold is 0.3 pips, the minimum spread for spot silver is 0.025 pips. The minimum spread for spot indices is 0.2 pips, for futures indices 0.3 pips, and for crude oil products is three pips. The minimum spread for energy futures is 1 pip. The minimum spread for metal futures is 0.6, the minimum spread for soft commodities is 1. the minimum spread for bonds is 2, the minimum spread for interest rates is 2 pips. The minimum spread for ETFs is 0.2% pips. Swap for Forex is calculated as the difference between the denominated currency's prime rate minus the base currency's interest +/- 1%.
Trading Platform Applied
The company's innovative multi-asset trading platform, LCG Trader, offers a wide range of market data, charts, news, and analysis to help investors build their trading strategies and can be used on laptops, tablets, and cell phones. Clients can also trade on the popular MetaTrader 4 (MT4) forex trading platform, available in 39 languages, the platform offers a combination of free indicators, automated trading, advanced charting, and a range of trading tools, technical indicators, and graphical objects.
Deposit & Withdrawal
The company supports credit cards, debit cards, bank wire transfers, and the online payment platform-Skrill. 2% commission will be charged for credit card deposits, and third party deposits are not accepted. Withdrawals are usually completed within one business day and reach the user's bank account in 1-5 days. Overseas clients who deposit using MasterCard or international bank transfers will be charged a fee of £20 for withdrawals.
Hong Kong
hk.wikifx.comTaiwan
tw.wikifx.comUnited States
us.wikifx.comSouth Korea
kr.wikifx.comUnited Kingdom
uk.wikifx.comJapan
jp.wikifx.comIndonesia
id.wikifx.comVietnam
vn.wikifx.comAustralia
au.wikifx.comSingapore
sg.wikifx.comThailand
th.wikifx.comCyprus
cy.wikifx.comGermany
de.wikifx.comRussia
ru.wikifx.comPhilippines
ph.wikifx.comNew Zealand
nz.wikifx.comUkraine
ua.wikifx.comIndia
in.wikifx.comFrance
fr.wikifx.comSpain
es.wikifx.comPortugal
pt.wikifx.comMalaysia
my.wikifx.comNigeria
ng.wikifx.comCambodia
kh.wikifx.comItaly
it.wikifx.comSouth Africa
za.wikifx.comTurkey
tr.wikifx.comNetherlands
nl.wikifx.comUnited Arab Emirates
ae.wikifx.comColombia
co.wikifx.com
United States
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email：support@wikifx.com；
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error correction, please send the information to:qawikifx@163.com;
Cooperation:kfwikifx@163.com
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
English 
Trading environment rating source: real trading data of 
