LCG Review 2024 (Expert Review)

LCG Review Summary

LCG is an online brokerage firm that is based in the UK and Cyprus. It follows the rules of the Financial Conduct Authority to ensure fair practices in the market. The company has a number of features that make it a good choice for new traders. LCG offers a variety of trading products to their clients. To trade with the company, you need to open an LCG Online Trading account. This account works like a bank account and lets you trade different types of assets. You can add funds to your trading account to buy and sell stocks and use the profit to replenish your main bank account. In addition to providing trading services in a variety of different assets and trading instruments, LCG also provides its customers with an LCG Online Trading account.

LCG review
LCG Platform Features

LCG main features and highlights
๐Ÿ—บ๏ธ Country of regulation Financial Conduct Authority (FCA)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 0
๐Ÿ•– Time to open a LCG account 1-3 Days. *A LCG demo account can be opened in a few minutes, but live LCG trading account creation times will vary depending on how long it takes to process your LCG KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 3
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals,

LCG review
LCG Financial Regulation

LCG is regulated by Financial Conduct Authority (FCA).

LCG review
LCG Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using LCG include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using LCG can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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LCG Advantages

One of the main advantages of using LCG is around the clock service and support as well as research offerings. Not only this, but LCG has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of LCG with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with LCG makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. LCG offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • LCG has been in business over 10 years.
  • LCG offers Stock Trading.
  • LCGoffers Islamic Accounts.
  • LCG offers Spread Betting.
  • LCG offers Hedging.
  • LCG offers Scalping.
  • LCG does not have inactivity fees.

LCG review
LCG Disadvantages

Although LCG has a lot of good points LCG does not offer the below.

LCG Review Risk Warning: Your capital is at risk.

LCG Review

LCG review
Things to understand when trading with LCG

Online trading on trading platforms like LCG have seen huge growth in the last 3 years. Trading with LCG requires that you take the time to learn how financial markets work and are able to trade with LCG using in depth technical analysis and LCG risk management trading tools. Trading with LCG involves risk. You should only risk capital with LCG that you can afford to lose. Understand your risk tolerance with LCG, and have a trading strategy that LCG is able to help you execute. LCG is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments LCG give you access too.

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LCG Trading Fees

Trading fees on LCG are taken in the form of the spreads LCG offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on LCG. LCG fees vary depending on the financial instruments traded and can include, LCG overnight funding fees, spreads, margins and LCG inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your LCG account charged by your 3rd party payment provider if your LCG base currency is different from your LCG withdrawal method.

NameLCGIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesNoNoYes
Deposit FeesNo
Inactivity FeeNoNoNo
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LCG review
LCG Financial Instrument Fees

LCG fees for Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, are listed below.

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LCG Stock Trading Fees

The majority of LCG trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A LCG stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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LCG Forex Fees

Commission on LCG Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for LCG Forex fees is based on their trade size. To calculate LCG Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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LCG Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. LCG cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. LCG cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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LCG Non Trading Fees

LCG non-trading fees include a variety of LCG brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the LCG trading platform. The most common non-trading fees include LCG withdrawal fees, LCG deposit fees and LCG inactivity fees.

LCG review
LCG Deposit Fees

LCG does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, LCG does not do this.

LCG review
LCG Inactivity Fees

LCG does not charge traders inactivity fees. LCG does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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LCG Withdrawal Fees

LCG does not charge withdrawal fees. Withdrawals fees vary between LCG and LCG alternatives depending on where you are located and how much money you are withdrawing.

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LCG Account Fees

LCG does not charge account fees. Account fees charged differ between LCG and other brokers. An account is a fee that LCG and other brokers assesses on all accounts for the ability to keep an account on their platform.

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LCG Account Opening

The LCG account registration process is simple, user-friendly, and quick. Within 1-3 Days most LCG trading accounts are ready for live trades. Our LCG account was validated in 1 day, but live LCG trading account verification times will vary depending on the time it takes to process your KYC documents and LCG trading account application. A LCG demo account can be opened in a few minutes.

LCG trading accounts are available in over 190 countries. LCG is restricted in the following countries.

Apart from the restricted countries a LCG trading account can be opened globally.

The LCG trading platform is available for residents in US. Some financial instruments LCG offer may be restricted in your country.

  • Fast LCG account opening.
  • LCG accounts can be opened and KYC can be verified digitally.
  • LCG minimum deposit is 0 USD / GBP / EURO.
  • LCG trading account verification may be held up for longer than a day if there is an issue with verifying your account.

LCG review
LCG Deposit And Withdrawal

LCG Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR are supported by LCG as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

LCG offers the following account USD, GBP, EUR.

When trading make sure your LCG trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. LCG has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameLCGIC MarketsRoboforex
Number Of Currencies3104
Base CurrenciesUSD, GBP, EURUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
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LCG Deposit Fees and Deposit Methods

Investors can log in to their LCG trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their LCG trading accounts from an existing bank account or send the funds through a wire transfer or online check.

LCG Deposit Fees

Making a deposit on your LCG account is free.

LCG Deposit Methods

There are several methods through which you can deposit money into your LCG account. One can use a credit or debit card and LCG accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your LCG account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your LCG account. Funding methods for LCG include Credit cards, Bank Transfer, Debit cards, Payoneer,.

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LCG Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your LCG brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open LCG positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your LCG account.

NameLCGIC MarketsRoboforex
Funding MethodsCredit cards, Bank Transfer, Debit cards, Payoneer,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal FeeNoNoYes
Deposit FeeNoVariesNo
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LCG Fees When Withdrawing Your Account Balance

LCG do not charge withdrawal fees. Some withdrawal fees are out of the control of LCG and may be due to 3rd party payment providers and your account base currency.

LCG Withdrawal Methods

Log into your LCG trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your LCG account to your bank account. To withdraw money from your LCG account you can use credit or debit cards. LCG processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as LCG processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

LCG review
LCG Trading Platforms

As there are a number of tradable financial instruments available on the LCG trading platform. Before investing in the LCG platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The LCG platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. LCG offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on LCG is available. Another thing to consider is your financial goals. Make sure that a LCG account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a LCG account. Ensure that LCG allows you to focus on the type of trading that you want to focus on.

Make sure LCG is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using LCG, think about how easy it is to use for your personal needs. Does the LCG platform offer real-time updates or delayed updates that are more informed? Remember to check if LCG is well regulated, and what tradeable financial instruments LCG has. Security is very important when it comes to trading with LCG.

LCG Web Trading Platform

A LCG web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through LCG which acts as a financial intermediary. LCG is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the LCG mobile trading platform.

LCG Apple IOS Trading Platform

A LCG iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

LCG Google Play Android Trading Platform

A LCG Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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LCG Mobile Trading User Experience

LCG mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. LCG mobile trading refers to trading using a mobile phone.

Leading brokerages like LCG offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire LCG portfolio. All an investor needs is a Web-enabled smartphone and a trading account with LCG. Once you have download the LCG trading app, you are ready to begin.

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LCG Desktop Computer Trading Platform

A LCG computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The LCG desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The LCG desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

LCG MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

LCG PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using LCG. A trading computer with access to a LCG PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

LCG Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the LCG trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the LCG trading platform is very user friendly on a Mac device.

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LCG Trading Look And Feel

The LCG user interface (UI) is what LCG traders will see and interact with first when trading with the LCG trading platform. The LCG is well designed. The goal of the LCG trading UI is to make the LCG user's experience intuitive. The LCG application has good user experience and a good level of customer satisfaction.

LCG Security

LCG is a secure trading platform. LCG offers traders security via 2 factor authentication, SSL encription when trading with LCG. LCG trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with LCG. Rate limitation on LCG suspicious account activities is another layer of protection that is provided for LCG trading accounts, for example multiple failed login attempts with LCG. You have the option to further safeguard your account by using LCG Two-Factor Authentication (2FA), which provides an extra layer of security.

The LCG trading infrastructure is constantly watched and guarded by a trained team at LCG In addition, LCG never send sensitive information without first encrypting on the LCG trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On LCG

Available LCG order types. # market, limit, stop, stop limit, Good until end of day / canceled.

LCG Market Order

A LCG market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. LCG market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. LCG market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

LCG Limit Order

A LCG limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

LCG Stop Order

A LCG stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

LCG Stop Limit Order

A LCG stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The LCG stop-limit order triggers a limit order when a stock price hits the stop level. A LCG stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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LCG Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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LCG Trading Platform Features

Online trading platforms like LCG are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with LCG. The LCG trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using LCG.

LCG Margin Trading

LCG margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, LCG margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

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LCG Account Types

LCG Demo Account

LCG offers demo accounts that gives traders the ability to purchase and sell LCG financial instruments in a practice environment, using fake LCG digital money and live market conditions and data. When you practise on a LCG demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the LCG platform. LCG demo accounts allow you to experience and practice a variety of market charts, LCG trading indicators, and trading strategies using LCG.

LCG Standard Account

LCG offers a standard trading account, allowing LCG traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich LCG trading platform.

LCG STP Account

LCG STP (Straight Through Processing) account is a LCG trading feature that involves sending LCG client orders directly to the market without passing them through a dealing desk. A LCG STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

LCG Islamic Accounts

LCG islamic accounts respect Islamic finance law. LCG swap free accounts do not accumilate interest and LCG transactions are actioned immediately. A LCG Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using LCG following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with LCG Islamic accounts do not pay or receive interest rates.

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LCG Tradable Financial Instruments

LCG tradable financial instruments are the financial instruments that are specifically available to trade on the LCG trading platform. This refers to the different types of financial markets you can trade with through LCG. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on LCG.

NameLCGIC MarketsRoboforex
CFD TradingYesYesYes
Stock MarketsNo210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
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LCG Trading Stocks

Stock trading with LCG is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with LCG; if you possess the stock on LCG, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on LCG involves purchasing and selling stocks and share using LCG periodically in order to time trades against the stock markets, with the aim of using LCG to profit from your stock trading. LCG stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on LCG. Stock traders on LCG conduct significant study, frequently dedicating several hours every day to market monitoring using LCG trading tools.

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LCG Trading ETFs

What Are ETFs

LCG does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

LCG does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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LCG Trading Cryptocurrencies

LCG does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by LCG, so you will need to find a LCG alternative that allows you to buy and sell the underlying cryptocurrency assets. LCG CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a LCG alternative and make sure you undertand the risks fully before trading.

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LCG Forex Trading

Forex trading with LCG is a method through which to invest money which involves trading one currency for another in a Forex currency pair with LCG. The main aim of LCG Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with LCG. As a LCG Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like LCG. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like LCG. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on LCG.

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LCG Commodities Trading

Commodity trading is a type of trading available on LCG where individuals or businesses buy and sell financial instruments using LCG related to commodities, such as metals or oil.

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LCG Options Trading

LCG options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. LCG option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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LCG Futures Trading

Futures trading with LCG is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using LCG to facilitate the trade. A LCG futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on LCG. Typically, futures contracts are traded on an exchange such as LCG; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling LCG trader to the contract agrees to provide it.

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LCG Bonds Trading

Bonds trading on LCG is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the LCG trader. Bonds can be bought and sold on LCG after they are issued. While some bonds are traded publicly through LCG, most trade over-the-counter between large broker-dealers like LCG acting on their clients' or their own behalf. Yield is therefore based on the LCG purchase price of the bond as well as the coupon.

LCG CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameLCGIC MarketsRoboforex
Forex CFD706135
Index CFD2530
Stock CFDNo1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
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LCG Trading Research Tools

Taking advantage of LCG trading research tools which are designed to help traders analyse potential investments using the LCG trading platform. Some LCG research tools include charts, technical analysis, and LCG trading indicators.

LCG Trading News

Traders can follow the markets and make wise investment decisions on LCG by using the news to help form a strategy when it comes to choosing investments. A LCG news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

LCG Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A LCG economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

LCG Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. LCG fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

LCG Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on LCG are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

LCG portfolios

Trading portfolios are useful when trading with LCG.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A LCG trading portfolio is a traders collection of investments, which may include a variety of LCG financial instruments.

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LCG Payment Methods

A LCG payment method is required to fund your LCG trading account before placing a buy or sell order on a financial instrument.

When trading with LCG, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that LCG do not have any control over.

NameLCGIC MarketsRoboforex
Payment MethodsBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
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LCG review
LCG Withdrawl Methods

When trading with LCG at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your LCG account balance. LCG may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your LCG account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

LCG Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your LCG account.

Withdrawal requests can take up to three business days to be processed by LCG.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your LCG should arrive in less than 24 hours.

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LCG Customer Support

Customer support represents the resources within the LCG company that provides technical assistance to its customers after they use the LCG service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

LCG offer email, livechat, phone, customer support.

LCG Email Support

LCG offers email support.

Email support is a a convenient method of LCG customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from LCG regarding your support request.

LCG Livechat Support

LCG offers livechat support.

LCG live chat support is a way for customers to obtain help from LCG through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

LCG Telephone Support

LCG offers telephone support.

LCG telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the LCG call centre to give or take information.

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LCG Educational Resources

LCG educational resources are used throughout the LCG learning environment to help and assist with customer's development and learning of trading on LCG. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using LCG trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

LCG Trading Platform Tutorials

LCG offer a range of learning resources and tutorials and guides made available to registered LCG users. The LCG guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate LCG users on basic trading principles.

LCG Trading Videos

LCG offer a selection of online trading videos.

Trading videos on LCG help new and even more experienced investors gain insights into LCG technical analysis tools and how the different financial markets work when trading on LCG.

LCG trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some LCG training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using LCG to trade live financial markets.

LCG Webinars

LCG offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of LCG clients who participate by asking questions, replying to polls, and using other interactive technologies available on the LCG trading platform.

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LCG Financial Regulation When Trading

Financial regulations on LCG protect consumers' investments. Regulations prevent financial fraud and limit the risks that LCG as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. LCG financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is LCG Regulated?

LCG is regulated by Financial Conduct Authority (FCA).

LCG is licensed by financial regulators in certain jurisdictions. You can find out if brokers like LCG are licensed in your country, if they have had run-ins with regulators, or received serious complaints from LCG investors, directly with financial regulators in your country.

LCG Regulatory Protection Limits

When registering with LCG you must check with regulatory body your LCG trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your LCG account is over seen by. LCG client funds are stored in segregated 3rd party bank account in accordance with LCG financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

LCG Trading Signals

LCG offers trading signals to LCG clients.

LCG trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A LCG trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the LCG trader to then decide whether or not to act on the signal.

Make sure you understand the risks of trading signals.

How does LCG make money?

Because LCG acts as an intermediary, LCG gets compensated on buy and sell transactions of financial instruments. As a result, LCG profit is determined by the volume and number of transactions. LCG earns revenue to fund their LCG platforms and wide range of trading services through market spreads.

Can you buy shares on LCG?

LCG provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. LCG offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and LCG on the speculative up or down price movement on an agreed stocks price movement.

Does LCG offer Cryptocurrency?

LCG does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

LCG Lower fees, lower costs?

LCG have reasonable trading fees and costs. LCG may charge a deposit fee. LCG may charge a withdrawal fee. Some withdrawal fees are out of the control of LCG and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

LCG minimum deposit is 0 USD / GBP / EUR.

How to start your LCG account?

You can sign up for a live or demo LCG trading account by visiting LCG and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an LCG account here.

How's the LCG trading app?

LCG allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the LCG trading app here. Your capital is at risk

Is the quality of LCG customer service satisfactory?

LCG have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

LCG is a good trading platform for new traders as LCG offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from LCG?

LCG offer a good selection of withdrawal options. Once LCG have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

LCG Review 2024 (Expert Review) guide updated 23/07/24