BrokAIr Reviews

LCG (London Capital Group) Review

"Despite its longstanding reputation in the online brokerage market, LCG (London Capital Group) isn't the best choice for traders who are looking to get the most out of their investments. Is this the end of LCG's reign as an industry leader?"

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Overview of London Capital Group

London Capital Group (LCG) is a broker and trading platform provider based in the United Kingdom. Founded in 1996, LCG has grown to become one of the leading online brokerages in the UK, with customers from more than 150 countries around the world.

Pros of LCG

Cons of LCG

Founders

LCG was founded by Peter Cruddas and Michael Spencer in 1996. The two men have a long history in the finance industry, having worked together at City Broking Ltd. before launching LCG. Since then, the company has grown to become one of the leading online brokerages in the UK.

Public Opinion

Overall, public opinion on LCG is generally positive. Many traders have praised the company for its customer service, range of products and intuitive website design. On the other hand, some traders have complained about the higher fees charged by LCG compared to other brokers.

Newsworthy Events

In 2016, LCG was awarded 'Best Forex Trading Platform' at the Investors Chronicle & Financial Times Investment and Wealth Management Awards. In 2017, LCG announced a partnership with cryptocurrency exchange platform TradeConnect. The partnership enables LCG customers to trade a range of cryptocurrencies on TradeConnect's platform. In 2018, LCG announced a new mobile trading app for Android and iOS devices. The app allows customers to trade on the go from their mobile devices.