LCG deposit amount required in order to open a broker account is $0. This is good and the no deposit will assist new traders due to the zero costs involved when compared to many other brokers.
LCG at a Glance
| 🔎 Broker's Name | LCG |
| 🏛️ Headquarters | London, UK, Bahamas, and Cyprus |
| 📅 Year Founded | 1996 |
| ⚖️ Regulating Authorities | FCA, LCG BHS and CySEC |
| 🌐 Countries not accepted for trade | Australia, Belgium, Canada, New Zealand |
| ☪️ Islamic account (swap-free) | Singapore, and United States |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | Yes |
| ⬆️ Maximum Leverage | No fixed leverage |
| 💰 Minimum Deposit | No minimum deposit requirement |
| 💳 Deposit Options | Visa MasterCard UnionPay Southeast Asia Real-time Banking Skrill Moneybookers Neteller |
| 💳 Withdrawal Options | Visa MasterCard UnionPay Southeast Asia Real-time Banking Skrill Moneybookers Neteller |
| 📊 Platform Types | MetaTrader 4, LCG Trader |
| 📶 OS Compatibility | PC, Mac, web, Android, iOS |
| 📈 Tradable assets offered | Forex, Indices, Shares, Commodities, Spot Metals, ETFs, and Cryptocurrencies. |
| 💬 Languages supported on Website | English, German, French, Indonesian, Turkish, Norwegian, Italians, Arabic, Tieng Viet, Spanish, Polish, Chinese, Portuguese, Russian, Swedish, and more |
| 💬 Customer Support Languages | Multi-lingual |
| ⏲️ Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit USD 0 Regulators SCB, FCS, CySEC Trading Platform MT4, LCG Trader Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
📍 Choose your quick section of our LCG Minimum Deposit below.
LCG Minimum deposit – 9 key points quick overview:
LCG at a Glance- LCG Minimum deposit – 9 key points quick overview:
- LCG Minimum Deposit
- LCG Deposit fees and deposit methods
- A step-by-step guide to LCG depositing the minimum amount
- LCG Customer Reviews
- LCG Pros and Cons
- Conclusion
- Frequently Asked Questions
📍 Here is our overview of the LCG Minimum deposit as well as the pros and cons as well as features that are offered to traders.
LCG Minimum Deposit
LCG does not have a minimum deposit required when opening trading accounts, but the trader must ensure that deposits made are enough to cover the margin costs pertaining to the markets when they are trading.
London Capital Group (LCG) is a UK-based online trading brokerage with a history that spans over 20 years. The broker is both an STP and ECN broker that offers competitive spreads on over 7 000 products that stretch across 9 asset classes.
Its headquarters are in London, UK with offices in Cyprus and the Bahamas. This means the broker is authorized through three authorization entities, namely the FCA in the UK, LCG BHS in the Bahamas, and CySEC in Cyprus.
It complies with the strict regulations of these bodies and client funds are kept in segregated accounts apart from the company funds.
LCG makes use of SSL, a technology that encrypts all data transmissions to LCD servers. This prevents internet fraudsters from accessing or intercepting any of the data.
The broker is also a member of the FSCS along with the ICF which provides compensation of up to £ 85 000 per client should LCG become insolvent.
LCG Deposit fees and deposit methods
There is no minimum deposit requirement when opening an account with LCG.
📍 The following payment methods can be used to make deposits into any of the LCG live account types:
Visa
MasterCard
UnionPay
Southeast Asia Real-time Banking
Skrill Moneybookers
Neteller
Deposit currencies that are accepted include:
- EUR
- USD
- GBP
- CHF
LCG does not charge fees on deposits, but credit card payments include an additional 2% commission when depositing. Deposits made via any payment method usually take up to 30 minutes to reflect in the trader’s account.
LCG also waive all withdrawal fees, but traders need to contact their payment providers to ensure that there are no fees waived by them that the trader will be liable for.
A step-by-step guide to LCG depositing the minimum amount
Deposits can be made with LCG using the following steps:
Step 1 – Log in
When funding the trading account, traders can securely deposit quickly and easily by logging into the My LCG Account Management portal and funding their accounts.
Step 2 –Make the deposit
As a credit card customer, you should be aware of changes to the way some credit card companies charge for online trading transactions. Clients need to register their card details.
When entering your card details for the first time, clients need to make a minimum payment to their accounts.
You do not need to re-register your card and can use it every time unless your card expires, or it is inactive for over 12 months.
Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders may be subjected to currency conversion fees.
Min Deposit USD 0 Regulators SCB, FCS, CySEC Trading Platform MT4, LCG Trader Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
LCG Customer Reviews
I enjoy using the MT4 platform on LCG
I enjoy using the MT4 platform on LCG. Everything works perfectly on the Demo system. I had no problem loading a custom indicator. I was pleased that the feed didn’t ‘drop out’ at busy times as happened often on another company I tried. I also liked the fact that I can start trading at 10p per pip and don’t feel pressured to bet too high too soon. I’m quite happy with the whole experience.
I have been with LCG for many years
I have been with LCG for many years. I must admit that general customer service is a little slower than other providers. However, Damian who helped me in recent months is always given a response in 5 minutes and helped me with all my queries straight away. Damian should earn 5 stars. But as a general, I gave 4 stars to the company.
LCG leads the way
I have traded spread betting for over 20 years now and I can honestly say that LCG is one if not the best company to trade with.
Why? many reasons. Their spreads are the lowest I have come across. The tighter the spread the more money you make.
They have an excellent variety of trading platforms, e.g. web trader, MT4, and mobile apps with great features and fast execution.
If you are a beginner/new to trading besides trying a demo account you can have a live account with as little as saying £180 and trade for just 10p per point.
The larger firms require around £875 to trade their minimum stake on my chosen instrument.
Also, their customer service is 2nd to none, I have to mention my account manager Damian Reed who has been very helpful over the years in setting things up and addressing any questions. I get a courtesy call/email every few months which none of the other major companies have ever done.
LCG Pros and Cons
| ✔️ Pros | ❌ Cons |
| No deposit fees charged | Account base currencies are limited |
| No minimum deposit required | Currency conversion fees may apply |
| Regulated by FCA, LCG BHS and CySEC | |
| Reliable payment methods offered | |
Conclusion
LCG deposit amount required in order to open a broker account is $0. This is good and the no deposit will assist new traders due to the zero costs involved when compared to many other brokers.
You might also like: LCG Review
You might also like: LCG Account Types Overview
You might also like: LCG Demo Account – Step by Step
You might also like: LCG Fees and Spreads
You might also like: LCG Islamic Account Overview
You might also like: LCG Sign-up Bonus
Frequently Asked Questions
What is the minimum deposit for LCG?
There is no minimum deposit requirement
How do I make a deposit and withdrawal with LCG?
- Visa
- MasterCard
- UnionPay
- Southeast Asia Real-time Banking
- Skrill Moneybookers
- Neteller
Does LCG charge withdrawal fees?
No. Fees from financial institutions may apply.
How long does it take to make a withdrawal?
Withdrawal usually takes place within one working day.
Are my deposits safe with LCG?
Yes. The company is regulated by a Tier-one regulator only – the Financial Conduct Authority (FCA).
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