ICICI Direct
London Capital Group (LCG)
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
ICICI Direct was founded in 1994 and is headquartered in India, while London Capital Group (LCG) was established in 1996 and is based in UK. ICICI Direct holds licences including Securities and Exchange Board of India (SEBI), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. ICICI Direct serves 2,000,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $0 at ICICI Direct and $100 at London Capital Group (LCG).
| Feature | ICICI Direct | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Financial Conduct Authority (FCA: 182110) |
| Founded | 1994 | 1996 |
| Country | India | UK |
| Clients | 2,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ICICI Direct and London Capital Group (LCG), directly affecting your bottom line as a trader. ICICI Direct has a lower barrier to entry with a minimum deposit of $0 (vs $100 at London Capital Group (LCG)). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | ICICI Direct | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ICICI Direct 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 | ICICI Direct | 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 | Web Trader, 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 ICICI Direct 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.
| Feature | ICICI Direct | London Capital Group (LCG) |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ICICI Direct accepts 1 of the tracked payment methods (bank transfer), while London Capital Group (LCG) supports 4 (bank transfer, credit/debit card, Skrill, Neteller). London Capital Group (LCG) uniquely supports credit/debit card and Skrill and Neteller among the two brokers. London Capital Group (LCG) scores higher on deposit and withdrawal flexibility.
| Feature | ICICI Direct | London Capital Group (LCG) |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ICICI Direct and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. ICICI Direct supports 13 languages and London Capital Group (LCG) supports 18, giving London Capital Group (LCG) broader global reach. Both brokers are comparable on support quality.
| Feature | ICICI Direct | London Capital Group (LCG) |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce | English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. |