London Capital Group (LCG)
Xtrade
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Overview
London Capital Group (LCG) was founded in 1996 and is headquartered in UK, while Xtrade was established in 2003 and is based in Australia. London Capital Group (LCG) holds licences including Financial Conduct Authority (FCA: 182110), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. London Capital Group (LCG) serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $100 at London Capital Group (LCG) and $1 at Xtrade.
| Feature | London Capital Group (LCG) | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Conduct Authority (FCA: 182110) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1996 | 2003 |
| Country | UK | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between London Capital Group (LCG) and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $100 at London Capital Group (LCG)). Neither broker charges withdrawal fees. London Capital Group (LCG) applies inactivity fees on dormant accounts; Xtrade does not. Xtrade charges deposit fees; London Capital Group (LCG) does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | London Capital Group (LCG) | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
London Capital Group (LCG) offers MT4, MT5, cTrader, while Xtrade 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 Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | London Capital Group (LCG) | Xtrade |
|---|---|---|
| MT4 | Yes | Yes |
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how London Capital Group (LCG) and Xtrade compare. London Capital Group (LCG) runs regular live webinars; Xtrade does not. London Capital Group (LCG) has a video library; Xtrade does not. London Capital Group (LCG) publishes daily market commentary; Xtrade does not. London Capital Group (LCG) integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. 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) | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. London Capital Group (LCG) uniquely supports bank transfer and credit/debit card and Skrill and Neteller among the two brokers. London Capital Group (LCG) scores higher on deposit and withdrawal flexibility.
| Feature | London Capital Group (LCG) | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | Yes | Not available |
| Neteller | Yes | Not available |
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 Xtrade 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.
| Feature | London Capital Group (LCG) | Xtrade |
|---|---|---|
| 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. | Not available |