B
Core Spreads logo

Core Spreads

7.7/10

London Capital Group (LCG)

8.2/10
8/10RegulationWinner10/10
10/10WinnerFees6/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Core Spreads was founded in 2014 and is headquartered in London, while London Capital Group (LCG) was established in 1996 and is based in UK. Core Spreads holds licences including Financial Conduct Authority (FCA), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Core Spreads serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $1 at Core Spreads and $100 at London Capital Group (LCG).

London Capital Group (LCG) wins this category
FeatureCore SpreadsLondon Capital Group (LCG)
Min. Deposit$1$100
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA: 182110)
Founded20141996
CountryLondonUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Core Spreads and London Capital Group (LCG), directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $100 at London Capital Group (LCG)). Neither broker charges withdrawal fees. London Capital Group (LCG) applies inactivity fees on dormant accounts; Core Spreads does not. Core Spreads charges deposit fees; London Capital Group (LCG) does not. Overall, Core Spreads scores higher on fees in our assessment.

Core Spreads wins this category
FeatureCore SpreadsLondon Capital Group (LCG)
Min. Deposit$1$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Core Spreads offers MT4, 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 Core Spreads does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCore SpreadsLondon Capital Group (LCG)
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMT4, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Core Spreads and London Capital Group (LCG) compare. London Capital Group (LCG) runs regular live webinars; Core Spreads does not. Both provide video tutorials. London Capital Group (LCG) publishes daily market commentary; Core Spreads 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
FeatureCore SpreadsLondon 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. Core Spreads 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
FeatureCore SpreadsLondon 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 Core Spreads and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Core Spreads 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
FeatureCore SpreadsLondon 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.