Bitfinex
London Capital Group (LCG)
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while London Capital Group (LCG) was established in 1996 and is based in UK. Bitfinex holds licences including Financial Services Provider (FSP), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Bitfinex serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Bitfinex | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Services Provider (FSP) | Financial Conduct Authority (FCA: 182110) |
| Founded | 2015 | 1996 |
| Country | New Zealand | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and London Capital Group (LCG), directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Bitfinex 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; Bitfinex does not. The two brokers are broadly comparable on fee structure.
| Feature | Bitfinex | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bitfinex offers 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. London Capital Group (LCG) edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | 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 | Android Apps,iPhone/iPad,Desktop | 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 Bitfinex and London Capital Group (LCG) compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Bitfinex | London Capital Group (LCG) |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bitfinex 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 | Bitfinex | 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 Bitfinex and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Bitfinex 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 | Bitfinex | 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. |