LCG Review

lcg screenshotLocated in London and with international office in Australia, LCG Broker offers leaning forex, stock and commodity trading services backed up by the professional customer representatives, outstanding reputation and regulation by FCA. With competitive spreads and most favorite trading platform in the industry MetaTrader 4, LCG has been one of the trusted providers since 1996. 

Trading Conditions

Newbies can take advantage of a free 30-day demo account. Please note that LCG does not accept U.S. clients at the moment.

The low commission is included in the spread and there are no hidden fees. The typical spreads for EUR/USD and USD/JPY are from 0.6 pip. Maximum leverage available is 300:1. Below is a glimpse of the spreads:

Market

Contract size

Min trade size

Spread*

Max leverage

Major FX pairs

AUD/JPY

AUD 100,000

0.1 lot

2.3

300:1

AUD/USD

AUD 100,000

0.1 lot

1.3

300:1

EUR/CHF

EUR 100,000

0.1 lot

2.5

300:1

EUR/GBP

EUR 100,000

0.1 lot

1.2

300:1

EUR/JPY

EUR 100,000

0.1 lot

2.1

300:1

EUR/USD

EUR 100,000

0.1 lot

0.6

300:1

GBP/CHF

GBP 100,000

0.1 lot

3.7

300:1

GBP/JPY

GBP 100,000

0.1 lot

3

300:1

GBP/USD

GBP 100,000

0.1 lot

0.8

300:1

USD/CAD

USD 100,000

0.1 lot

2.1

300:1

USD/CHF

USD 100,000

0.1 lot

1.5

300:1

USD/JPY

USD 100,000

0.1 lot

0.6

300:1

USD/NOK

USD 100,000

0.1 lot

25

20:1

Minor FX pairs

AUD/NZD

AUD 100,000

0.1 lot

3.6

300:1

AUD/CAD

AUD 100,000

0.1 lot

2.5

300:1

AUD/CHF

AUD 100,000

0.1 lot

2

300:1

CAD/CHF

USD 100,000

0.1 lot

3

300:1

CAD/JPY

GBP 100,000

0.1 lot

2.5

300:1

CHF/JPY

EUR 100,000

0.1 lot

3

300:1

EUR/AUD

EUR 100,000

0.1 lot

3.4

300:1

EUR/CAD

EUR 100,000

0.1 lot

3.3

300:1

EUR/NOK

EUR 100,000

0.1 lot

30

20:1

EUR/NZD

EUR 100,000

0.1 lot

4

300:1

 

Trading Platform

During LCG broker review, we have tried out the most trusted trading platform available today in the industry MetaTrader 4. Since LCG MT4 you uses market execution you can trade without requotes, use wide range of technical analysis tools and powerful charting solutions, together with custom indicators, Expert Advisors for automated trading, time periods, history database management and overall comprehensive and straight-forward interface. The platform is downloadable and supports multilingual interface.

The broker also provides useful MT4 user guide to help you started with charting and indicators and learn to place an order.

Trading strategies can be tested using Expert Advisors, custom indicators and scripts with automated frequently repeated operations.

Payment Options

Once you deposit funds into your account, you can begin trading. Minimum deposit requirement is $1.

Deposits and withdrawals can be processed via debit/credit card securely either online or by phone. Please note that there is 2% fee. The broker accepts most major cards.

Another option is to deal with your funds via Wire Transfer. Some international bank transfers will charge fee based on your bank regulations.

Customer Support

The Sales and Customer Support representatives have vast experience in trading field and offer precise and professional assistance via email or phone call. The following languages are supported on the broker’s website: English, French, German, Italian, Spanish, Portuguese, Chinese, Japanese, Korean, and Russian.

Educational Materials

Members of LCG enjoy daily market analysis directly to your email inbox first thing in the morning with economic events, suggestions and key shares, forex, indices and commodities commentary.

 

Overall, LCG is reviewed as honest, transparent and trustworthy broker with user-friendly website and outstanding trading platform. The website has educational materials to get you started with the platform and market analysis.

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