London Capital Group (LCG)

Additional information

Fees	low
Account minimum	$0
Promotion	deposit bonus program and a rebates program
Why we like it	London Capital Group (LCG), founded in 1996, has remained competitive in the fast-changing internet brokerage market. In 2016, the company developed LCG Trader, a browser-based, white-labeled cTrader platform. This, along with the popular MT4 (downloadable) platform and a working mobile application, constitutes the entirety of LCG’s consumer-facing internet offerings.
Pros	• Accent placed on customer service • Governed by FCA (U.K.) • Provides security for client accounts • Available account and trading incentives
Cons	• Website maintenance under standard • Does not accept U.S. clients • The distinctions between LCG trader and MT4 • No capabilities for backtesting or automated trading