This LCG review was led by the team of www.miniforex.com for those who need to know about how to open a trading account with LCG (London Capital Group). LCG is a supplementary of the London Capital Group Holdings Plc. that is registered on the London Stock Exchange AIM. It focusses in offering online trading services for CFDs and forex to retail dealers. Regulated through the UK’s Financial Conduct Authority under the registration no. 182110.
Trading Platforms
There are two leading platforms delivered by London Capital Group, a standalone web based trading platform named the LCG Trader and the business proven MT4. Through the LCG Trader platform, traders can simply access the financial marketplaces over the web on their mobile devices or desktop computers. The platform border is customizable and moreover arises with an innovative charting package and cutting edge trading implements to help dealers stay one step forward of the markets. As portion of the changes in business emphasis by LCG, the company newly launched a dedicated MT4 platform to provide the requirements of traders who need official grade services and product contribution. Through the MT4 platform, LCG’s traders can imagine near real time performance and ultra-tight spreads.
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Account Types
LCG also provide two types for trading accounts for their customers, a premium trading account and a standard trading account. For the standard trading account, there is not any minimum security. Traders just essential to deposit the essential amount which they essential to cover the margin necessities for their trades. The standard account permits traders to admittance more than 4000 different marketplaces.
For an extra personalized trading knowledge, traders can choose for a LCG Premium trading account. Through this account, the trader gain admittance to extensive range of trading tools, high quality marketplace analysis along with dedicated courtesy from their personal account manager. To qualify for the premium facilities, trader’s essential to have a balance of £25,000 in their trading accounts.
Commission & Spreads
As a complete ECN/STP stockbroker, the spreads which LCG’s dealers acquire are ultra-competitive interbank rates. The spreads which are accused by LCG be contingent on the asset that is being traded. For instance, the lowest spreads on the major start from as little as 1 pips whereas for market indices, the minimum spread initiates from 0.2 pips. The accessible leverage as well depends on the asset and can variety from 1:40 to 1:300.
Customer Support
The customer support service hours are from Monday to Friday (8am to 7pm). To contact the support operates, traders can do it by the telephone, live chat or email.
Conclusion
For complete review about the LCG broker visit “Topforexbrokers.com”, Though LCG was mainly intensive on spread betting previously, with the current revamp of their business emphasis they at the present have more to provide to retail traders. At present, they can imagine premium quality services, low trading charges and dedicated support devoid of having to continually worry about the security of their funds. By the regulatory mistake provided by the UK’s FCA, they can be guaranteed that their benefits are protected by with the force of regulation. The LCG share trade at london stock exchange, You can see the LCG share price at Google finance. You can download LCG Android app at Google play or iTunes IOS application from Apple app store for mobile trading.
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