London Capital Group (LCG) vs UFX, for 2024
Read our In-Depth London Capital Group (LCG) vs UFX Review - Updated for 2024
Our review comparing London Capital Group (LCG) and UFX has been refreshed to reflect any changes for 2024 by seasoned professionals boasting considerable financial experience in Forex, Social Trading, & CFDs.
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
Each platforms for online trading has a few pros and cons, and a complete London Capital Group (LCG) and UFX review should not be regarded as thorough without having an objective perspective.
Examine UFX and London Capital Group (LCG) to understand the way these platforms compare against one another prior to you decide to create an account. Conducting a comprehensive comparison helps to put things into perspective so that you remain aware of the expectations.
So you are looking for a broker 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 latest information so you can easily compare UFX against London Capital Group (LCG).
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will get adept at all the concepts of broker as you continue trading. For starters, you have to choose the ideal agent who'll be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. London Capital Group (LCG) and UFX are just two such stages which will take you along with your investment into great heights. It is crucial to 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 know about trading using either London Capital Group (LCG) or UFX. A good agent can multiply your initial investments and give you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you choose them. It is a frequent misconception that all agents are the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
London Capital Group (LCG) and UFX are both brokers that have forged their way successfully into the broker world. Within this review, we have tried to collate a number of the important facets of both London Capital Group (LCG) and UFX. This review will help you to understand whether either UFX or London Capital Group (LCG) is a good match for your investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of London Capital Group (LCG) and UFX Compared
London Capital Group (LCG) has a minimum deposit of $100 while UFX has 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) allows you to trade around 100 financial instruments while UFX allows you to trade around 100 available.
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 your broker 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
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 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 both apps as better than 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 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 several industry awards over the years they have been operating as an online broker. We detail the most notable 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. |
Find Out More |
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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 head office 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 collection of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare London Capital Group (LCG) vs UFX Commission And Fees
London Capital Group (LCG) and UFX are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an online broker isn't necessarily influenced by the amount of clients 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 earn money. There are mainly three types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In these instances, you are spending a spread, financing rate, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are those who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your account. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither London Capital Group (LCG) or UFX charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by London Capital Group (LCG) and UFX are comparatively lower. Consequently, you're billed more for non-trading actions on your trading account, like withdrawal and deposits. These are not about 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 charges 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 talk completely with your trading broker is a key element when comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.
Below you will find 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 known and trusted. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users London Capital Group (LCG) and UFX are active on their platform
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?