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DMMFX vs London Capital Group
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, DMMFX currently holds a stronger overall rating (3.5) than London Capital Group (2.3).
DMMFX has a higher minimum deposit than London Capital Group, at 200.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.1, but DMMFX has a maximum lot size of 20.0, while London Capital Group offers 1.0.
DMMFX offers a greater leverage limit of 1:600, whereas London Capital Group allows a maximum of only 1:300.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 200.0 | 0.0 |
| Commission | 0.0 | 2.5 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.1 | 0.1 |
| Maximum lot size | 20.0 | 1.0 |
| Spread | Fixed | Variable |
| Broker type | STP, Market Maker | Dealing Desk, STP, ECN, Market Maker |
| Maximal leverage (1:?) | 600 | 300 |
| Availability | STP, Market Maker | Dealing Desk, STP, ECN, Market Maker |
| Regulation | ASIC (Australia) | FCA (UK) |
| Trading Platforms | MetaTrader 4 (MT4), Mobile Platform | MetaTrader 4 (MT4), Web Platform, Mobile Platform |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Neteller, Skrill, FasaPay | Wire Transfer, Credit Card, Debit Card, Skrill |
| Account Currency | USD, GBP, EUR, NZD, AUD | USD, GBP, EUR |
| Languages | English, Japanese, Mandarin, Chinese, Indonesian, Arabic | English, German, Italian, Polish |
| Country | Australia | United Kingdom |
| Trading platform(s) timezone | Australia | United Kingdom |
| Other trading instruments | Commodities, CFDs | Stocks, Indices, Commodities, Shares, Spread Betting, CFDs |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
