London Capital Group
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London Capital Group
Minimum deposit ($)
0.0
Commission
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 konti
Web based trading
Konkursi
Decimals
5
Minimum lot size
0.1
Maximum lot size
1.0
Spread
Variable
Broker type
Dealing Desk, STP, ECN, Market Maker
Maximal leverage (1:?)
300
Phone
+44 (0)02074567000
Fax
-
Availability
Phone, Chat, Email
E-pasts
Address
1 Knightsbridge, London, SW1X 7LX
Regulation
FCA (UK)
Trading Platforms
MetaTrader 4, Web Platform, Mobile Platform
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Skrill
Account Currency
USD, GBP, EUR
Languages
English, German, Italian, Polish
Country
United Kingdom
International offices
United Kingdom
Trading platform(s) timezone
(GMT) Western Europe Time, London, Lisbon, Casablanca
Other trading instruments
Stocks, Indices, Commodities, Shares, Spread Betting, CFDs
London Capital Group User Reviews
Biedrs kopš
1444 ieraksti
Feb 04, 2016 at 11:11
London Capital Group rebranded to LCG: https://www.myfxbook.com/reviews/brokers/london-capital-group/1111205,1
Biedrs kopš
2 ieraksti
Oct 07, 2015 at 06:24
Hello Everyone.
London Capital Group is the worst broker i have ever traded with. I opened up a account with them couple of weeks ago and fortunatly i decided to test them before i deposit huge amount of money. I started the account with around 8k and one of the guy i know started with 100k. On first of october 2015 ( 5 days ago) LCG widened the spread 112 pips ( i don't think any other broker will ever do to you no matter how volatile the market is ) and i lost 40% of my account. My strategy had nothing to do with it, We calculate the risk always and we had same price orders with other brokers same market conditions and same time but we made profit with them. The guy who started with 100k also lost more than 30k and the other client i know lost 75% of his account.
I can provide proof and if any of you are thinking to trade with LCG please make sure you read it. 112 pips spread is unacceptable, They stole our money and not helping any of their clients other than telling them that they received that price to fill the orders.
So we lose our hard earned money and their answer is that its disappointing but we will have to accept it.
So does that mean that if spread goes to 1000 they will fill our orders blow up our account and tell us its disappointing but we will have to accept it ?
firstly who will widen the spread to more than 100 pips ? Well LCG did.
London Capital Group is the worst broker i have ever traded with. I opened up a account with them couple of weeks ago and fortunatly i decided to test them before i deposit huge amount of money. I started the account with around 8k and one of the guy i know started with 100k. On first of october 2015 ( 5 days ago) LCG widened the spread 112 pips ( i don't think any other broker will ever do to you no matter how volatile the market is ) and i lost 40% of my account. My strategy had nothing to do with it, We calculate the risk always and we had same price orders with other brokers same market conditions and same time but we made profit with them. The guy who started with 100k also lost more than 30k and the other client i know lost 75% of his account.
I can provide proof and if any of you are thinking to trade with LCG please make sure you read it. 112 pips spread is unacceptable, They stole our money and not helping any of their clients other than telling them that they received that price to fill the orders.
So we lose our hard earned money and their answer is that its disappointing but we will have to accept it.
So does that mean that if spread goes to 1000 they will fill our orders blow up our account and tell us its disappointing but we will have to accept it ?
firstly who will widen the spread to more than 100 pips ? Well LCG did.
Biedrs kopš
1 ieraksti
Oct 06, 2015 at 06:09
https://www.forexpeacearmy.com/community/threads/london-capital-group-lcg-spread-ripoff.42279/
The typical spreads during the news at other brokers with ECN, STP on 2015.10.02 13:30:01 did not exceed 15 pips. The 121 pips spread that London Capital group (LCG) reported and cost us our entire account is abusive, irresponsible and neglectful. LCG should not be in business ripping off customers by reporting over 100 pips spreads randomly! Stay away from this broker...
Broker Spread on 2015.10.02 13:30:01:
ActivTrades: 4 pips
Tickmill: 7.3 pips
One Trade: 7.7 pips
fxopen: 8.9 pips
FXDD: 12.6 pips
IC Markets: 13.7 pips
OANDA: 15 pips
LCG: 121 pips spread!
The typical spreads during the news at other brokers with ECN, STP on 2015.10.02 13:30:01 did not exceed 15 pips. The 121 pips spread that London Capital group (LCG) reported and cost us our entire account is abusive, irresponsible and neglectful. LCG should not be in business ripping off customers by reporting over 100 pips spreads randomly! Stay away from this broker...
Broker Spread on 2015.10.02 13:30:01:
ActivTrades: 4 pips
Tickmill: 7.3 pips
One Trade: 7.7 pips
fxopen: 8.9 pips
FXDD: 12.6 pips
IC Markets: 13.7 pips
OANDA: 15 pips
LCG: 121 pips spread!
