logo |

News

    Home   >     Industry    >     LCG    >     Main body

    LCG: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).

    Abstract: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).

      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.


    Latest News

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United States Dollar
    Available
    -- United States Dollar
    Risk Warning

    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.