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FP Markets logo

FP Markets

8.5/10

London Capital Group (LCG)

8.2/10
9/10RegulationWinner10/10
6/10FeesTied6/10
9/10PlatformsTied9/10
6/10Education & ResearchWinner10/10
10/10WinnerDeposits & Withdrawals7.5/10
10/10SupportTied10/10

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Overview

FP Markets was founded in 2005 and is headquartered in Australia, while London Capital Group (LCG) was established in 1996 and is based in UK. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. FP Markets serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. Both brokers share the same minimum deposit of $100.

FP Markets wins this category
FeatureFP MarketsLondon Capital Group (LCG)
Min. Deposit$100$100
RegulationAustralian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA: 182110)
Founded20051996
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between FP Markets and London Capital Group (LCG), directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Neither broker charges withdrawal fees. London Capital Group (LCG) applies inactivity fees on dormant accounts; FP Markets does not. FP Markets charges deposit fees; London Capital Group (LCG) does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureFP MarketsLondon Capital Group (LCG)
Min. Deposit$100$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

FP Markets 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
FeatureFP MarketsLondon Capital Group (LCG)
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, IRESS, Mac, 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 FP Markets 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.

London Capital Group (LCG) wins this category
FeatureFP MarketsLondon Capital Group (LCG)
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FP Markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while London Capital Group (LCG) supports 4 (bank transfer, credit/debit card, Skrill, Neteller). FP Markets uniquely supports PayPal among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.

FP Markets wins this category
FeatureFP MarketsLondon Capital Group (LCG)
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FP Markets and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. London Capital Group (LCG) offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureFP MarketsLondon Capital Group (LCG)
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesNot availableEnglish, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese.