B

Eightcap

5.6/10

London Capital Group (LCG)

8.2/10
7/10RegulationWinner10/10
4/10FeesWinner6/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Eightcap was founded in 2009 and is headquartered in Australia, while London Capital Group (LCG) was established in 1996 and is based in UK. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Eightcap serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. Both brokers share the same minimum deposit of $100.

London Capital Group (LCG) wins this category
FeatureEightcapLondon Capital Group (LCG)
Min. Deposit$100$100
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA: 182110)
Founded20091996
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Eightcap and London Capital Group (LCG), directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Eightcap charges withdrawal fees while London Capital Group (LCG) does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, London Capital Group (LCG) scores higher on fees in our assessment.

London Capital Group (LCG) wins this category
FeatureEightcapLondon Capital Group (LCG)
Min. Deposit$100$100
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Eightcap 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
FeatureEightcapLondon Capital Group (LCG)
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, 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 Eightcap and London Capital Group (LCG) compare. London Capital Group (LCG) runs regular live webinars; Eightcap does not. London Capital Group (LCG) has a video library; Eightcap does not. London Capital Group (LCG) publishes daily market commentary; Eightcap does not. London Capital Group (LCG) integrates third-party research tools (Trading Central, Autochartist); Eightcap 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.

London Capital Group (LCG) wins this category
FeatureEightcapLondon Capital Group (LCG)
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Eightcap 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
FeatureEightcapLondon 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 Eightcap and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap 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
FeatureEightcapLondon 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.