The LCG was called the London Capital Group. They have capital spreads before. Regardless if the marketing method is unpredictable or is excellent that is not really important to some. What is important is that it is a broker that is based in London and with top notch services. The London stock exchange under the FCA regulation and is well known for having low spreads as well as good MT4 choice. The LCG is a broker that gives network grounded exchange services and products to retail, professional and private investors too. The business is subsidiary of the LCGH in London and they have products like online trading, FX for retail stakeholders and others. The organization team of this company have been in the industry for years now and so they can be a strong partner for newbie and veteran traders. When it comes to the trading platform and software this firm has been offering the traders with flexibility. It is also simple to use with some special features added if it is about personalization. They have 2 choices for you. One is the web based PF for trading and the other one is the exclusive to LCG and there is also the famous MT4 PF which can be downloaded and installed using your PC.
That is to cover for the margin requirements for the traders. The standard account will enable the traders to easily access variety of markets to not more than 4k. In this company, the traders will get a more customized type of trading experience. They can get a premium trading account. In this kind of account, the user can have enough access to the widest variety of trading tools along with a high-quality market analysis too that’s dedicated in giving attention coming from a personal account manager. That is to be able to get the premium services plus of course the £25,000 in their accounts.
When it comes to the spreads and commissions, there is a widely ECN and STP broker too. The spreads in which the traders can get very inexpensive interbank rates. The spreads which are normally billed by the company will depend much on the assets that are traded for. For instance, the minimum spreads on the primary start from 1 pip and for the market indices, the minimum amount of spread may start from .2 pips. The available leverage may depend on the asset and that may range from 1 to 40 to 1 to 300. If you need help from the CSR, the customer support team is available 5 days a week during office hours and that is UK time zone. You can also send emails to the staffs, but it is your choice to have a live chat if you need immediate help.
In terms of the features, the LCG is offering the widest variety of well managed and unmanaged trading services both for trade and for professional clients. The retail clients can trade lots of global markets that includes equities along with forex and indices through an incomparable low cost CFD. The forex traders will place their trades using the LCG forex which is a sister of the London Capital and it is also well established and highly respected broker that offers you full access to the ECN multi bank platforms like the Currenex. This one is offering the minimal spread along with commissions in the business.
The directives are normally based on the trade size, instrument and others. They are usually billed in the currency denominations of the account used for trading. The schedule of the commission is normally listed in a separate manner for dollars and others. The LCG takes pride in itself for the development and maintenance of the partnership with the 3rd parties. They were the primary financial spread betting company that gives a white label solutions to a respected brand. The clients with the premium service were given the access to the market commentary on a regular basis from the team and the award-winning portal in terms of trading.
The LCG comes good under the products and spreads category. They have only 3 usual out of the ten products that they have to offer. They are good in FX with number of unusual and very new pairs along with the solid range of commodities, energy and others. They have indices along with shares that are not the finest, but then again, they are not that bad too. Their spreads are good and they are also consistent.
In terms of the interface along with the platforms, the LCG trader platform is quite good. The menus are easy to use and very interesting when it comes to the color combinations. However, the absence of visual pleasure among its rivals is there. They have the tools that can make them the first placer in this category. They also offer the all new analytics suite coming from the trading central. They are very well presented and they were also linked with the quantity of participants. With the use of the MT4 platform available along with the CFD account choice, there is not much that you can ask for coming from this department.
When it comes to the service the customer support is helpful enough the account manager has all the replies to the queries you will throw at him/her. As a whole, this typical sized player in the market today has the right to stay where it is now. They have done a great job in giving numbers of market offers to their traders.
About the spreads and the leverage
Because this company is full in terms of the ECN and the STP broker, it has a system that perfectly connects to the orders of the clients straight to the market liquidity and its providers. Because of this the market performance might provide the lowest cost, however there might be some slips off when it comes to the limit availability. The site tells the hardship, nonetheless in any case, the spreads are quite competitive. The leverage may differ by the asset option when it comes to the selections. The pairs of currency may be more than 300 to 1, but the indices along with the commodities might start from 100 to 1 in some instances. However, it may also fall lower than 40 to 1 in some instances. The leverage amount will tell the minimum amount of trade which is based on the lot size selection.
To be able to give an orderly implementation at a very affordable cost, the management of the LCG has chosen to go along with the MT4 protocols of the trading platform, which is the most typical arrangement in the business. This fit well with the ECN market use and every person trading through it will be able to use the online guide and the communal of traders will be there to answer the queries or to provide some useful information for the others to use. There are also mobile apps that can be used too. They can also be entitled with the 256 bit SSL technology to make sure that all of the important data will be safely kept.
When it comes to withdrawing and depositing money you can use visa or MasterCard. You have the option to use debit or credit cards, but normally the users want bank or money transfer. The deposit accounts should be in USD, Euro or Great Britain Pounds. Even if there is no minimum deposit amount for the account. Your minimum trade amount will be dependent on various reasons like leverage, asset options and others. The site explains that with samples just so you know how the computation goes. The withdrawal upon request will go through the approval stage and it will be processed in 1 day time. When it comes to the support team, they have what you call the beginner support. The CSR has the capacity to answer all the queries about how to get started successfully.
The LCG still keeps up with the substantial market share of the formal clients along with the 3rd party affiliating arrangements. But when it comes to the specialized trader that seeks for something that is more than what is available without having to spend a lot of money, the LCG is actually waiting for you. You will enjoy low rates, dependable services, good support team and serenity knowing that all of the packages you are looking for are here.
They have a customer support team that will be there to help you out. This company is a good CFD provider. The website is being shown in a user-friendly manner and the users were also happy with the demo accounts that was offered by the site. That is even if they do not have enough educational materials like economic calendar and others.
When it comes to the education material the one that is being offered by the LCG includes some e-books, videos, charting in an advanced manner and even trading tools. The market analysis is being given from the site by the primary investment research offering that actually covers for the fixed income, indexed and others. Using their digital look feature, there is a technical analysis that is normally on condition that with up to minute commendations on the forex and others.
There are nice things about this company. When it comes to the advantages that you can get they have regulated broker, they have quality market analysis, their trading platforms are advanced and highly efficient. They also have a well-established broker with known reputation for providing high quality of service. Some of the disadvantages are imperfect support hours, they do not have spreads that can be adjusted to lower it down and the website is kinda poor when it comes to the layout. They also do not have any support for social trading.
As a whole, even if LCG was focused in spread betting in the past with the current restoration of the focus of the business. They now have a lot of things to offer to retail traders. The traders can now expect premium quality of services, low trading cost, support team that will take care of fun concerns and queries so stress will be lessened in case a threat arise.