B

Alpha Capital Markets

6.1/10

London Capital Group (LCG)

8.2/10
3/10RegulationWinner10/10
10/10WinnerFees6/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while London Capital Group (LCG) was established in 1996 and is based in UK. Alpha Capital Markets holds licences including Unregulated, while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Alpha Capital Markets serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at London Capital Group (LCG).

London Capital Group (LCG) wins this category
FeatureAlpha Capital MarketsLondon Capital Group (LCG)
Min. Deposit$0$100
RegulationUnregulatedFinancial Conduct Authority (FCA: 182110)
Founded19991996
CountryUKUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and London Capital Group (LCG), directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $100 at London Capital Group (LCG)). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsLondon Capital Group (LCG)
Min. Deposit$0$100
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while London Capital Group (LCG) supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureAlpha Capital MarketsLondon Capital Group (LCG)
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and London Capital Group (LCG) compare. London Capital Group (LCG) runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. London Capital Group (LCG) publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. London Capital Group (LCG) maintains an archive of past webinars for on-demand viewing. London Capital Group (LCG) scores higher overall in education and research.

London Capital Group (LCG) wins this category
FeatureAlpha Capital MarketsLondon Capital Group (LCG)
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alpha Capital Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while London Capital Group (LCG) supports 4 (bank transfer, credit/debit card, Skrill, Neteller). London Capital Group (LCG) uniquely supports Skrill and Neteller among the two brokers. London Capital Group (LCG) scores higher on deposit and withdrawal flexibility.

London Capital Group (LCG) wins this category
FeatureAlpha Capital MarketsLondon Capital Group (LCG)
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Alpha Capital Markets and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Alpha Capital Markets supports 2 languages and London Capital Group (LCG) supports 18, giving London Capital Group (LCG) broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAlpha Capital MarketsLondon Capital Group (LCG)
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese.