B

London Capital Group (LCG)

8.2/10

SpreadCo

6.1/10
10/10WinnerRegulation7/10
6/10WinnerFees4/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
7.5/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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 SpreadCo was established in 2005 and is based in London. London Capital Group (LCG) holds licences including Financial Conduct Authority (FCA: 182110), while SpreadCo is regulated by Financial Conduct Authority (FCA) among others. London Capital Group (LCG) serves 10,000+ clients worldwide; SpreadCo has 10,000+. Both brokers share the same minimum deposit of $100.

London Capital Group (LCG) wins this category
FeatureLondon Capital Group (LCG)SpreadCo
Min. Deposit$100$100
RegulationFinancial Conduct Authority (FCA: 182110)Financial Conduct Authority (FCA)
Founded19962005
CountryUKLondon
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between London Capital Group (LCG) and SpreadCo, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. SpreadCo charges withdrawal fees while London Capital Group (LCG) does not, giving London Capital Group (LCG) an edge for frequent withdrawers. London Capital Group (LCG) applies inactivity fees on dormant accounts; SpreadCo does not. SpreadCo charges deposit fees; London Capital Group (LCG) does not. Overall, London Capital Group (LCG) scores higher on fees in our assessment.

London Capital Group (LCG) wins this category
FeatureLondon Capital Group (LCG)SpreadCo
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

London Capital Group (LCG) offers MT4, MT5, cTrader, while SpreadCo 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
FeatureLondon Capital Group (LCG)SpreadCo
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsWeb Trader, 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 SpreadCo compare. London Capital Group (LCG) runs regular live webinars; SpreadCo does not. Both provide video tutorials. London Capital Group (LCG) publishes daily market commentary; SpreadCo 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.

London Capital Group (LCG) wins this category
FeatureLondon Capital Group (LCG)SpreadCo
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 SpreadCo 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.

London Capital Group (LCG) wins this category
FeatureLondon Capital Group (LCG)SpreadCo
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillYesNo
NetellerYesNo

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 SpreadCo offer live chat support. Both provide phone support. Email support is available at both brokers. London Capital Group (LCG) supports 18 languages and SpreadCo supports 2, giving London Capital Group (LCG) broader global reach. Both brokers are comparable on support quality.

Tied
FeatureLondon Capital Group (LCG)SpreadCo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Russian, Malaysian, Korean, Swedish, German, French, Indonesian, Turkish, Norwegian, Chinese, Italian, Arabic, Portuguese, Spanish, Polish, Thai, and Vietnamese.English, and Chinese