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    Regulated

    LCG

    LCG

    United Kingdom
    15-20 years Regulated in United Kingdom Market Making(MM) MT4/5 full license Regional Brokers
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    Score
    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    10
    License Index 8.00
    Risk Management Index 0.00
    Software Index 7.40
    Business Index 9.12
    Regulatory Index 7.97
    Company Abbreviation

    LCG

    Registered country

    LCG United Kingdom

    Company Name

    London Capital Group Ltd

    Company address

    --

    Website

    https://www.lcg.com/int/

    https://www.lcg-chi.com/int/

    https://www.lcg-cn.com/

    Financial Conduct Authority
    FCA Regulated

    Market Making(MM)

    Cyprus Securities and Exchange Commission
    CYSEC Revoked

    Straight Through Processing(STP)

    The Securities Commission of The Bahamas
    SCB Offshore Regulatory

    Retail Forex License

    Broker Information

    Customer Service Phone Number

    +1 (0) 242 601 6866

    Customer Service Email Address

    customerservices.bhs@lcg.com

    Company summary More
    Let me correct the erro.
    Pyramid scheme complaint
    Expose

    Check whenever you want

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    WikiFX Risk Alerts
    4
    2021.10.24
    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!
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core

    1G

    40G

    ₦ 407.08/month
    Open immediately
    Unable to withdraw Unable to withdraw
    It required 11% taxes, 68888 for upgrading and 38888 for verifying the account due to money laundering. Finally the account would be blocked.
    FXDNIynt6174

    2021/9/29 14:52:25

    Unable to withdraw Unable to withdraw
    It rejected my withdrawal for several times. It was a fraud platform which led me to deposit with scams.
    FXVOUlae8666

    2021/9/21 7:00:22

    Scam Fraud platform
    It required margins in order to unlock the account because of money laundering. I wanted to get my principal back.
    FXWNAbui8890

    2021/9/20 13:43:10

    Unable to withdraw Unable to withdraw
    Fraud platform. Beware of it. I lost more than 2 million. Stay away from it.
    FXJXXmyq3603

    2021/8/22 10:33:27

    Unable to withdraw Unable to withdraw
    The first time I made a withdrawal, the customer service said that my account was locked because of wrong number. And I must be deposit 2,000 dollars to unlock it and proceed with the withdrawal. After unlocking, I need to withdraw money. But he said that I should deposit another 3,000 dollars. The staff said that it is impossible to withdraw without the remittance deposit. It is a scam. What should I do?
    FXRDRdsr7081

    2021/7/20 10:50:25

    Unable to withdraw Withdrawal Status
    I just withdraw funds successfully once. And I truly think this is a scam group. I’ve lost tens of thousands here.
    FXVPBvkg8599

    2021/7/6 8:10:44

    Unable to withdraw Apply for withdrawal on May 18, 2021 but I haven’t received the withdrawal yet
    The customer service asked me to offer my ID card and proof of address which I already offered when I opened my account. Please pay attention. They may wanna embezzle my money
    FXIUVydy3242

    2021/5/26 8:43:01

    Unable to withdraw The parent company goes bankrupt and the subsidiary is about to exit the Chinese market
    The money cannot be withdrawn, the parent company filed for bankruptcy, and the subsidiary has to withdraw from the Chinese market
    FXWEDspj8956

    2021/5/1 5:34:46

    • Delivery Index
    • Market Analysis
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    LCG · MT4/5
    Identification Result MT4/5 full license
    The formal brokers with MT4/5 full license offer complete system service and follow-up technical support. In general, their businesses and techniques are relatively mature and the risk management abilities are much stronger.
    LCG-Demo2
    MT4
    Server Name
    LCG-Demo2
    Most visited countries/areas
    United Kingdom
    LCG-Live1
    MT4
    Server Name
    LCG-Live1
    Most visited countries/areas
    United Kingdom
    LCG-Live2
    MT4
    Server Name
    LCG-Live2
    Most visited countries/areas
    United Kingdom
    LCG · Website

    Most visited countries/areas

    Kenya Israel Indonesia
    lcg.com
    Server Location
    United States
    Most visited countries/areas
    Kenya
    Website Domain Name
    lcg.com
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    69.63.186.30
    Website
    --
    Company
    --
    lcg-cn.com
    Server Location
    United Kingdom
    Most visited countries/areas
    --
    Website Domain Name
    lcg-cn.com
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    107.154.192.38
    Website
    --
    Company
    --
    lcg-chi.com
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    lcg-chi.com
    ICP registration
    --
    Domain Effective Date
    2019-09-30
    Server IP
    107.154.216.38
    Website
    --
    Company
    --

    LCG

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    ;
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    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.

    • Licensed Institution :

      London Capital Group Ltd

      Effective Date :

      2001-12-01
    • Email Address of Licensed Institution :

      compliance@lcg.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.lcg.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      3rd Floor 80 Cheapside London EC2V 6EE UNITED KINGDOM

      Phone Number of Licensed Institution :

      44 2074567000
    • Licensed Institution Certified Documents :

      LCG_FCA交易商监管信息表_查询结果 View Certified Documents 182110 牌照信息190131 View Certified Documents
    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The 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.

    • Licensed Institution :

      London Capital Group (Cyprus) Ltd

      Effective Date :

      2017-10-23
    • Email Address of Licensed Institution :

      compliancecy@lcg.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      http://www.lcg.com,https://cy-my.lcg.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Arch. Makariou III, 205, VICTORY HOUSE, 5th floor, 3030, Limassol

      Phone Number of Licensed Institution :

      35725266606
    • Licensed Institution Certified Documents :

      LCG 塞浦路斯监管页截图 View Certified Documents London Capital Group cysec211011 View Certified Documents
    The Securities Commission of The Bahamas

    The Securities Commission of The Bahamas (SCB)

    The 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.

    • Licensed Institution :

      LCG Capital Markets Limited (formerly London Capital Group (Bahamas) Limited)

      Effective Date :

      --
    • Email Address of Licensed Institution :

      sean.munnings@lcg.com,Philip.Dorsett@lcg.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      5 North Buckner Square Olde Towne, Sandyport West Bay Street

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      LCG-巴哈马牌照200602 View Certified Documents LCG SCB监管截图 View Certified Documents LCG SCB监管 2020.10.28 View Certified Documents

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    LCG

    1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

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    1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

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    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

    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    LCG
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
    Related Photos
    Confirm to Submit

    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Confirm

    LCG · Company summary

      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.


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    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.