London Capital Group (LCG)
OptionWeb
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
London Capital Group (LCG) was founded in 1996 and is headquartered in UK, while OptionWeb was established in 2012 and is based in Cyprus. London Capital Group (LCG) holds licences including Financial Conduct Authority (FCA: 182110), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. London Capital Group (LCG) serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $100 at London Capital Group (LCG) and $200 at OptionWeb.
| Feature | London Capital Group (LCG) | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Financial Conduct Authority (FCA: 182110) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1996 | 2012 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between London Capital Group (LCG) and OptionWeb, 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 $200 at OptionWeb). Neither broker charges withdrawal fees. London Capital Group (LCG) applies inactivity fees on dormant accounts; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | London Capital Group (LCG) | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
London Capital Group (LCG) offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. London Capital Group (LCG) supports social and copy trading features, which OptionWeb does not offer. London Capital Group (LCG) edges ahead on platform breadth and functionality in our scoring.
| Feature | London Capital Group (LCG) | OptionWeb |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how London Capital Group (LCG) and OptionWeb compare. London Capital Group (LCG) runs regular live webinars; OptionWeb does not. Both provide video tutorials. London Capital Group (LCG) publishes daily market commentary; OptionWeb 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 | London Capital Group (LCG) | OptionWeb |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. London Capital Group (LCG) accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while OptionWeb supports 2 (bank transfer, credit/debit card). 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 | London Capital Group (LCG) | OptionWeb |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both London Capital Group (LCG) and OptionWeb offer live chat support. Both provide phone support. Email support is available at both brokers. London Capital Group (LCG) supports 18 languages and OptionWeb supports 2, giving London Capital Group (LCG) broader global reach. Both brokers are comparable on support quality.
| Feature | London Capital Group (LCG) | OptionWeb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese. | English, and Chinese |