Foreign exchange industry is getting more and more popular every day. Consequently, there are many new brokers on the market and sometimes it can be hard to distinguish a good company from an average one. Every trader knows that it’s important to find a broker that will help you develop your trading skills. Therefore, in this article, we will present one of the leading brokerage companies: London Capital Group. This broker is based at 25 The North Colonnade, London and is regulated by the Financial Conduct Authority. In this detailed London Capital Group Review 2016, we will write about everything you have to know if you want to fully utilize all features this company has to offer. Read on and get informed!
London Capital Group Review 2016 | Login
In the first paragraph of this London Capital Group Review 2016, we will provide you with a short introduction to the procedure of London Capital Group Login. It’s a very simple thing to do and it won’t take you more than a couple of minutes. You will have to fill out a simple form containing some very basic information about yourself, such as your date of birth and the country you live in. At this point you will also have to choose the currency you would like to use in trading, but be careful when choosing because there’s no possibility of changing it afterwards. With that out of the way, we can continue our London Capital Group Review 2016. Next, find out everything you need to know about depositing and withdrawing your funds! Keep reading!
London Capital Group Review 2016 | Money transfers
The next important step you have to make before trading with this broker is funding your account. You can deposit your funds by using a debit or a credit card (a 2% fee will be charged for payments made by credit card). As for the brands you can use, almost all major debit and credit cards will be accepted (the broker does not accept only American Express and some International Visa Electron cards). Unless it expires, once your card is registered, you will not have to register it again. As you can read in our London Capital Group Minimum Deposit analysis, there’s no minimum deposit requirement needed to start trading. The only thing you have to keep in mind is that your account has to have enough money to cover the margin requirement for the trade you wish to open. Naturally, a London Capital Group Bonus can also be gained upon depositing money and via some other methods.
When it comes to the withdrawal, there’s an online request you will have to fill out. The amount you wish to withdraw will be automatically debited from your trading balance. This procedure normally takes between 3 and 5 working days in total. When we were testing the broker, we withdrew our funds several times by different methods and everything went well, so you don’t have to worry about the reliability of the process. But we have more to discuss in our London Capital Group Review 2016. The broker’s trading platforms, for example. Stay tuned!
London Capital Group Review 2016 | Trading Platforms
London Capital Group has two trading platforms their clients can choose between. The first one is their own brand called LCG Trader. It’s a web-based trading platform with some really impressive features. For example, it can handle thousands of assets at once, which can be very useful if you like more dynamic trading. If you like to trade on the go or simply don’t want to miss a big market event, just download the LCG Trader application. The only condition for it to work is, of course, internet connection. The app has great a very intuitive interface, so you will be able to open a trade with just a couple of taps, plus it has many technical indicators and drawing tools to help you make the right decision.
The other type of platform you can use if you open an account with London Capital Group is MetaTrader 4, probably the most popular trading platform in the foreign exchange business. Well known for its functionality and design, MetaTrader 4 is used by both novices and professionals. It surely won’t take you too long to adapt to this very user-friendly trading environment. On top of all this, both platforms can be downloaded from App Store or Google play and tested for free! That’s right: London Capital Group offers to its clients the possibility of opening a Demo account. There you can trade and practice, all without risking any of your money!
London Capital Group Review 2016 | Safety
One more thing that we have to mention in our London Capital Group Review 2016 are the broker’s safety standards. First of all, we should mention that the broker collects your information only to confirm you identity, to maintain your personal profile and to contact you whenever is necessary. Also, like we already said, London Capital Group is a broker regulated and authorized by the Financial Conduct Authority (FCA). This means that the broker has to follow strict monetary rules and that it has to hold their clients’ money in separated bank accounts. Tests for this London Capital Group Review 2016 have confirmed that your money will be perfectly safe in every transaction – we tried on our own all of the methods available and never had a single problem. But if you still have some doubts about the broker’s safety policy, just go and read our Is London Capital Group a Scam? analysis and everything will be made clear.
London Capital Group Review 2016 | Conclusion
In the conclusion of our London Capital Group Review 2016, we will just give you a quick recap of everything this broker has to offer. First, their trading platforms (MetaTrader 4 and LCG Trade) will provide you with a dynamic and user friendly trading environment that will help you win some trades right from the start. Second, the company is perfectly safe, so none of your data will be abused. Money transfers flow very smoothly, and your money will be held in a segregated account, so you don’t have to worry about it being disturbed, either. Basically, all you have to do now is open an account and you will be trading with one of the best brokers in the forex world.