ForexMart
London Capital Group (LCG)
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Overview
ForexMart was founded in 2015 and is headquartered in Cyprus, while London Capital Group (LCG) was established in 1996 and is based in UK. ForexMart holds licences including Cyprus Securities and Exchange Commission (CySEC), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. ForexMart serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $1 at ForexMart and $100 at London Capital Group (LCG).
| Feature | ForexMart | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA: 182110) |
| Founded | 2015 | 1996 |
| Country | Cyprus | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ForexMart and London Capital Group (LCG), directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $100 at London Capital Group (LCG)). ForexMart 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; ForexMart does not. ForexMart charges deposit fees; London Capital Group (LCG) does not. Overall, ForexMart scores higher on fees in our assessment.
| Feature | ForexMart | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
ForexMart 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 | ForexMart | 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 | MT4, WEB, 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 ForexMart 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 | ForexMart | 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. ForexMart accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while London Capital Group (LCG) supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ForexMart | London Capital Group (LCG) |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexMart and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. ForexMart supports 15 languages and London Capital Group (LCG) supports 18, giving London Capital Group (LCG) broader global reach. Both brokers are comparable on support quality.
| Feature | ForexMart | London Capital Group (LCG) |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. |