London Capital Group (LCG) vs UFX, Who's Better?
Read our In-Depth London Capital Group (LCG) vs UFX Review - 2024 Update
Our comprehensive analysis of London Capital Group (LCG) and UFX has been refreshed for 2024 from industry experts with years of financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of London Capital Group (LCG) vs UFX does not apply to all countries as follows:
London Capital Group (LCG) Excluded Countries
Australia, Belgium, Canada, New Zealand, Singapore, and United States of America.
UFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare London Capital Group (LCG) vs UFX
Every trading platforms feature a few ups and downs, and a complete London Capital Group (LCG) and UFX review should not be regarded as thorough without embracing a fair assessment.
Compare London Capital Group (LCG) and UFX to understand just how they compare to each other before you decide to make an account. A side-by-side comparison helps to put things in perspective in order that you are cognizant of what you should anticipate.
So you are looking for an online trading platform and are choosing between London Capital Group (LCG) or UFX. Which one is best in 2024?
This London Capital Group (LCG) vs UFX comparison contains the most recent information so you can easily compare UFX against London Capital Group (LCG).
If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll acquire proficient at all of the concepts of brokerage since you continue trading. For starters, you need to select the right broker who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. London Capital Group (LCG) and UFX are just two such companies that will take you along with your investment into great heights. It is important that you compare London Capital Group (LCG) vs UFX until you trust them with your cash.
Our London Capital Group (LCG) vs UFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust London Capital Group (LCG) and UFX side by side.
Our full London Capital Group (LCG) vs UFX Review covers all you will need to learn about trading with either London Capital Group (LCG) or UFX. A good agent can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There is no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you choose them. It's a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
London Capital Group (LCG) and UFX are both brokers which have paved their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important aspects of both London Capital Group (LCG) and UFX. This review can help you to know whether either UFX or London Capital Group (LCG) is a good fit for your investments or not. We've tried to breakdown all of the qualities and fees for your advantage.
Benefits of London Capital Group (LCG) and UFX Compared
London Capital Group (LCG) has a minimum deposit of $100 while UFX offers a $500 minimum deposit.
Why smaller minimum deposits are good and how London Capital Group (LCG) and UFX 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.
London Capital Group (LCG) has around 100 financial instruments while UFX allows you to trade around 100 financial instruments on their platform.
The more financial instruments you can trade on the London Capital Group (LCG) and UFX trading 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 seriously do not want to miss out on a trading opportunity due to the limitations of London Capital Group (LCG) or UFX.
London Capital Group (LCG) and UFX Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. London Capital Group (LCG) and UFX have the following contact details and social medias that you can use.
Broker | London Capital Group (LCG) | UFX |
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Telephone Number | 020 7456 7000 | |
support@lcg.com | ||
Address | 5 North Buckner Sq Olde Towne Sandyport, Sandyport Marina Village, West Bay St, Nassau, New Providence W1K 3JR, BS | |
London Capital Group (LCG) Twitter Account | UFX Twitter Account | |
London Capital Group (LCG) Facebook Page | UFX Facebook Page | |
London Capital Group (LCG) Instagram Account | UFX Instagram Account | |
London Capital Group (LCG) LinkedIn Page | UFX LinkedIn Page | |
YouTube | London Capital Group (LCG) YouTube Channel | UFX YouTube Channel |
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UFX and London Capital Group (LCG) Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of London Capital Group (LCG) and UFX we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
London Capital Group (LCG) vs UFX - Awards
Broker | London Capital Group (LCG) | UFX |
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Awards |
London Capital Group (LCG) have won many industry awards over the years they have been operating as an online broker. We list the most recognised awards for London Capital Group (LCG) here.
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At the time of writing this UFX review, and despite UFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
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London Capital Group (LCG) vs UFX - Frequently Asked Questions
London Capital Group (LCG) vs UFX - Headquarters And Year Of Founding
London Capital Group (LCG) was founded in 1996 and has its headquaters in UK.
UFX was founded in 2007 and has its head office in Republic of Vanuatu.
What is the minimum deposit for UFX or London Capital Group (LCG)
The minimum deposit for London Capital Group (LCG) is $100.
The minimum deposit for UFX is $500.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both London Capital Group (LCG) and UFX are a good option.
London Capital Group (LCG) vs UFX - Regulation And Licencing In More Detail
London Capital Group (LCG) is regulated by Financial Conduct Authority (FCA: 182110).
UFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both London Capital Group (LCG) and UFX have a strong set of rules for ensuring fair trading on their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare London Capital Group (LCG) vs UFX Commission And Fees
London Capital Group (LCG) and UFX are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. In other words, an online broker is not necessarily influenced by the number of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three different types of penalties for this objective.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In such cases, you are paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight rates are those that are charged when you maintain a leveraged position for longer than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither London Capital Group (LCG) or UFX charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees charged by London Capital Group (LCG) and UFX are comparatively higher. Consequently, you're charged more for non-trading activities on your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of assets.
This London Capital Group (LCG) vs UFX review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For London Capital Group (LCG) And UFX
What Languages Do London Capital Group (LCG) And UFX Support?
Being able to chat easily with your trading broker is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you will find all the languages that both London Capital Group (LCG) and UFX support.
How Many Clients Do London Capital Group (LCG) and UFX Have?
Both London Capital Group (LCG) and UFX are well established with their customer base. It is really important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers London Capital Group (LCG) and UFX are working with
Broker | London Capital Group (LCG) | UFX |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do London Capital Group (LCG) and UFX Accept?
London Capital Group (LCG) and UFX 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 London Capital Group (LCG) and UFX
What Can You Trade With London Capital Group (LCG) and UFX?
London Capital Group (LCG) offers 100 trading instruments whilst UFX offers 100.
Below you will find a full breakdown of what both London Capital Group (LCG) and UFX offer.
London Capital Group (LCG) Review
London Capital Group (LCG) vs UFX:
Table Of Contents
- Compare London Capital Group (LCG) vs UFX
- Benefits of London Capital Group (LCG) and UFX Compared
- UFX and London Capital Group (LCG) Mobile App Comparison
- London Capital Group (LCG) vs UFX - Awards
- London Capital Group (LCG) vs UFX - Frequently Asked Questions
- What is the minimum deposit for UFX or London Capital Group (LCG)
- London Capital Group (LCG) vs UFX - Regulation And Licencing In More Detail
- Compare Broker Fees For London Capital Group (LCG) And UFX
- What Languages Do London Capital Group (LCG) And UFX Support?
- How Many Clients Do London Capital Group (LCG) and UFX Have?
- What Payment Methods Do London Capital Group (LCG) and UFX Accept?
- What Can You Trade With London Capital Group (LCG) and UFX?