IC Markets vs London Capital Group (LCG), Who's The Best?
Charles Seymour
Last Updated: 13-Dec-2024
Read our In-Depth IC Markets vs London Capital Group (LCG) Review - Updated for 2025
Our review comparing IC Markets and London Capital Group (LCG) has been updated to reflect any changes for 2025 by knowledgeable insiders with years of expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs London Capital Group (LCG) does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
London Capital Group (LCG) Excluded Countries
Australia, Belgium, Canada, New Zealand, Singapore, and United States of America.
Compare IC Markets vs London Capital Group (LCG)
Each trading platforms feature a few ups and downs, and a complete review of IC Markets and London Capital Group (LCG) should not be complete without embracing a balanced approach.
Examine London Capital Group (LCG) and IC Markets to get a better understanding of the way they compare with each other prior to you choose to make an account. Conducting a comparative analysis helps to bring aspects in perspective in order that you're cognizant of the expectations.
So you are looking for a reputable broker and are choosing between IC Markets or London Capital Group (LCG). Which one is best in 2025?
Our IC Markets vs London Capital Group (LCG) comparison contains the most recent information so you can easily compare London Capital Group (LCG) against IC Markets.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You will get adept at all of the concepts of brokerage since you keep trading. For starters, you have to choose the ideal broker who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and London Capital Group (LCG) are just two such trading platforms which will take you along with your investment to great heights. It is crucial that you compare IC Markets vs London Capital Group (LCG) until you trust them with your cash.
Our IC Markets vs London Capital Group (LCG) comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and London Capital Group (LCG) side by side.
Our entire IC Markets vs London Capital Group (LCG) Review covers everything you will need to know about trading using either IC Markets or London Capital Group (LCG). A good broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully analyze your broker before you select them. It's a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
IC Markets and London Capital Group (LCG) are both brokers which have found their way successfully into the broker world. Within this review, we have attempted to collate a number of the important aspects of both IC Markets and London Capital Group (LCG). This review can help you to know whether either London Capital Group (LCG) or IC Markets is a good match for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
Benefits of IC Markets and London Capital Group (LCG) Compared
IC Markets offers a minimum deposit of $200 while London Capital Group (LCG) has a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and London Capital Group (LCG) compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets has around 232 financial instruments while London Capital Group (LCG) allows you to trade around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and London Capital Group (LCG) platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of IC Markets or London Capital Group (LCG).
IC Markets and London Capital Group (LCG) Contact Details
Being able to contact a broker through many ways is vital. IC Markets and London Capital Group (LCG) have the following contact details and social medias that you can use.
Broker | IC Markets | London Capital Group (LCG) |
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Telephone Number | +248 467 19 76 | 020 7456 7000 |
support@icmarkets.com | support@lcg.com | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 5 North Buckner Sq Olde Towne Sandyport, Sandyport Marina Village, West Bay St, Nassau, New Providence W1K 3JR, BS |
IC Markets Twitter Account | London Capital Group (LCG) Twitter Account | |
IC Markets Facebook Page | London Capital Group (LCG) Facebook Page | |
IC Markets Instagram Account | London Capital Group (LCG) Instagram Account | |
IC Markets LinkedIn Page | London Capital Group (LCG) LinkedIn Page | |
YouTube | IC Markets YouTube Channel | London Capital Group (LCG) YouTube Channel |
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London Capital Group (LCG) and IC Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of IC Markets and London Capital Group (LCG) we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs London Capital Group (LCG) - Awards
Broker | IC Markets | London Capital Group (LCG) |
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Awards |
IC Markets have won many industry awards over the years they have been running as a financial broker. We list the most recognised awards for IC Markets below.
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London Capital Group (LCG) have won many industry awards over the years they have been running as an online broker. We detail the most notable awards for London Capital Group (LCG) below.
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IC Markets vs London Capital Group (LCG) - Frequently Asked Questions
IC Markets vs London Capital Group (LCG) - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
London Capital Group (LCG) was founded in 1996 and has its headquaters in UK.
What is the minimum deposit for London Capital Group (LCG) or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for London Capital Group (LCG) is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and London Capital Group (LCG) are a good option.
IC Markets vs London Capital Group (LCG) - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110).
Both IC Markets and London Capital Group (LCG) have a strong collection of rules for ensuring honest trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs London Capital Group (LCG) Commission And Fees
IC Markets and London Capital Group (LCG) are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the number of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, financing rate, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
Generally, neither IC Markets or London Capital Group (LCG) charge high fees compared to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often trade, such as daily or weekly trading.
But, non-trading fees billed by IC Markets and London Capital Group (LCG) are comparatively higher. Consequently, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This IC Markets vs London Capital Group (LCG) review for 2025 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And London Capital Group (LCG)
What Languages Do IC Markets And London Capital Group (LCG) Support?
Being able to chat easily with your online broker is a key element when comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading online.
Here you will find all the languages that both IC Markets and London Capital Group (LCG) support.
How Many Clients Do IC Markets and London Capital Group (LCG) Have?
Both IC Markets and London Capital Group (LCG) are well established with their customer base. It is important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers IC Markets and London Capital Group (LCG) are active on their platform
Broker | IC Markets | London Capital Group (LCG) |
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Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and London Capital Group (LCG) Accept?
IC Markets and London Capital Group (LCG) both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and London Capital Group (LCG)
What Can You Trade With IC Markets and London Capital Group (LCG)?
IC Markets offers 232 trading instruments whilst London Capital Group (LCG) offers 100.
Below you will find a full breakdown of what both IC Markets and London Capital Group (LCG) offer.
IC Markets Review
IC Markets vs London Capital Group (LCG):
Table Of Contents
- Compare IC Markets vs London Capital Group (LCG)
- Benefits of IC Markets and London Capital Group (LCG) Compared
- London Capital Group (LCG) and IC Markets Mobile App Comparison
- IC Markets vs London Capital Group (LCG) - Awards
- IC Markets vs London Capital Group (LCG) - Frequently Asked Questions
- What is the minimum deposit for London Capital Group (LCG) or IC Markets
- IC Markets vs London Capital Group (LCG) - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And London Capital Group (LCG)
- What Languages Do IC Markets And London Capital Group (LCG) Support?
- How Many Clients Do IC Markets and London Capital Group (LCG) Have?
- What Payment Methods Do IC Markets and London Capital Group (LCG) Accept?
- What Can You Trade With IC Markets and London Capital Group (LCG)?