Commonwealth Securities
London Capital Group (LCG)
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Overview
Commonwealth Securities was founded in 1999 and is headquartered in Australia, while London Capital Group (LCG) was established in 1996 and is based in UK. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Commonwealth Securities serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $5000 at Commonwealth Securities and $100 at London Capital Group (LCG).
| Feature | Commonwealth Securities | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $5000 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA: 182110) |
| Founded | 1999 | 1996 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Commonwealth Securities 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 $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. London Capital Group (LCG) applies inactivity fees on dormant accounts; Commonwealth Securities does not. Commonwealth Securities charges deposit fees; London Capital Group (LCG) does not. Overall, London Capital Group (LCG) scores higher on fees in our assessment.
| Feature | Commonwealth Securities | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $5000 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Commonwealth Securities 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.
| Feature | Commonwealth Securities | London Capital Group (LCG) |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 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 Commonwealth Securities 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. London Capital Group (LCG) scores higher overall in education and research.
| Feature | Commonwealth Securities | London Capital Group (LCG) |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Commonwealth Securities 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 | Commonwealth Securities | 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 Commonwealth Securities and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Commonwealth Securities 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 | Commonwealth Securities | 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. |