Fortrade
London Capital Group (LCG)
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while London Capital Group (LCG) was established in 1996 and is based in UK. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Fortrade serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $1 at Fortrade and $100 at London Capital Group (LCG).
| Feature | Fortrade | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 | Financial Conduct Authority (FCA: 182110) |
| Founded | 1992 | 1996 |
| Country | UK | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and London Capital Group (LCG), directly affecting your bottom line as a trader. Fortrade 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; Fortrade does not. Fortrade charges deposit fees; London Capital Group (LCG) does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | Fortrade | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Fortrade 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 Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Fortrade | 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, Binary, Tablet & Mobile apps | 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 Fortrade and London Capital Group (LCG) compare. London Capital Group (LCG) runs regular live webinars; Fortrade does not. London Capital Group (LCG) has a video library; Fortrade does not. London Capital Group (LCG) publishes daily market commentary; Fortrade does not. London Capital Group (LCG) integrates third-party research tools (Trading Central, Autochartist); Fortrade 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.
| Feature | Fortrade | London Capital Group (LCG) |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Fortrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while London Capital Group (LCG) supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Fortrade uniquely supports PayPal among the two brokers. London Capital Group (LCG) uniquely supports Skrill among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Fortrade | London Capital Group (LCG) |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | 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 Fortrade and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and London Capital Group (LCG) supports 18, giving London Capital Group (LCG) broader global reach. Both brokers are comparable on support quality.
| Feature | Fortrade | London Capital Group (LCG) |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. |