Amscot Stockbroking
London Capital Group (LCG)
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while London Capital Group (LCG) was established in 1996 and is based in UK. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Amscot Stockbroking serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $100 at London Capital Group (LCG).
| Feature | Amscot Stockbroking | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Financial Conduct Authority (FCA: 182110) |
| Founded | 1853 | 1996 |
| Country | Austrailia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and London Capital Group (LCG), directly affecting your bottom line as a trader. London Capital Group (LCG) has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while London Capital Group (LCG) does not, a notable advantage for frequent withdrawers. London Capital Group (LCG) applies inactivity fees on dormant accounts; Amscot Stockbroking does not. Overall, London Capital Group (LCG) scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Amscot Stockbroking offers MT5, cTrader, while London Capital Group (LCG) supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. London Capital Group (LCG) supports social and copy trading features, which Amscot Stockbroking does not offer. London Capital Group (LCG) edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | London Capital Group (LCG) |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | 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 Amscot Stockbroking and London Capital Group (LCG) compare. London Capital Group (LCG) runs regular live webinars; Amscot Stockbroking does not. London Capital Group (LCG) has a video library; Amscot Stockbroking does not. London Capital Group (LCG) publishes daily market commentary; Amscot Stockbroking does not. London Capital Group (LCG) integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. 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.
| Feature | Amscot Stockbroking | London Capital Group (LCG) |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Amscot Stockbroking 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.
| Feature | Amscot Stockbroking | London Capital Group (LCG) |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Amscot Stockbroking and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking 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.
| Feature | Amscot Stockbroking | London Capital Group (LCG) |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. |