For some reason, no one here wants to compare positive and negative sides of this broker. I think it is a good idea so it might help us to prevent mistakes and focus more on weak sides of LCG. I would say that according to the number of available services I can only give 6 points out of 10. A customer support deserves only 7 points. Back office works well and I can give almost 8 points. I do not think that LCG really deserves 10 points. However, the average value is about seven (7), which is a pretty good number!
I can't agree with Victor. LCG is a pretty good company. As a newbie, I do all steps gradually. First, I have free forex education provided by company, then Demo account, and after all, I have small account. I trade on metatrader platform by using MACD and Stochastic oscillators on M15. I don't think there are big disadvantages as you mentioned. Requotes are happened very rarely. Mostly because of high volatility when both US and London sessions are active. But it doesn't mean it happens on constant basis. Other things work perfectly.
London capital group is a scam broker whose only goal is to help a trader to lose its deposit. All the time there are slippages and requotes. The spread is claimed to be tight but in fact it can widen to whatever they want any moment they want. If you do not want to lose your money in vain do not trade with these scoundrels.
I've opened an account and wait for the 10% welcome bonus. Hopefully will receive it soon and test the broker.
London capital group forex is a ECN forex broker registered in England and Wales. The company was created by an experienced team of industry experts in 1996 and since then has become a leading provider of online trading services. Forex lcg is licensed and regulated by the Financial Conduct...
Regulation: FCA and member of LSELCG trading information