Ingot Brokers
London Capital Group (LCG)
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while London Capital Group (LCG) was established in 1996 and is based in UK. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110) among others. Ingot Brokers serves 10,000+ clients worldwide; London Capital Group (LCG) has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $100 at London Capital Group (LCG).
| Feature | Ingot Brokers | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA: 182110) |
| Founded | 2004 | 1996 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and London Capital Group (LCG), directly affecting your bottom line as a trader. London Capital Group (LCG) has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. 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.
| Feature | Ingot Brokers | London Capital Group (LCG) |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers 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 Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Ingot Brokers | 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, 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 Ingot Brokers and London Capital Group (LCG) compare. London Capital Group (LCG) runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. London Capital Group (LCG) publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. 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 | Ingot Brokers | London Capital Group (LCG) |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ingot Brokers 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.
| Feature | Ingot Brokers | London Capital Group (LCG) |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | 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 Ingot Brokers and London Capital Group (LCG) offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers 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.
| Feature | Ingot Brokers | London Capital Group (LCG) |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. |