Accounts and eligibility
Sections ↑Current LCG relationship
| Function | Who performs it |
|---|---|
| Provider selection and introduction | LCG matches clients with external brokersSource 1Source 2 |
| Trading account and product agreement | Selected providerSource 1Source 2 |
| Account-opening and service support | LCG relationship teamSource 1Source 2 |
| Trade counterparty and client-money holder | The account’s provider, not LCG under this modelSource 1Source 2 |
There is no single current LCG Standard/ECN tariff or proprietary trading server to compare. Eligibility, retail or professional classification, platform permissions and account pricing arise under the selected partner’s agreement.[1]
Markets and contract specifications
Sections ↑Spreads, commissions and other costs
Sections ↑How LCG is paid
| Charge or role | Published position |
|---|---|
| Direct LCG service fee | No additional fee to the clientSource 1Source 2 |
| Partner payment to LCG | Percentage of the provider’s standard chargesSource 1Source 2 |
| Trading costs | Partner spreads, commissions and other charges still applySource 1Source 2 |
| Advice or discretionary management | Not provided under this service modelSource 1Source 2 |
LCG’s remuneration creates a commercial incentive in the introduced relationship. “No additional fee” does not mean commission-free execution or disclose the size of the provider’s revenue share.[1]
Deposits and withdrawals
Sections ↑Legacy own-platform business — confirmed chronology
| Event | LCG’s statement |
|---|---|
| January 2023 | New leadership and change of operating modelSource 2Source 6 |
| 15 December 2023 | All remaining own-platform trades closedSource 2Source 6 |
| Legacy balances returned | More than 98% of client money returnedSource 2Source 6 |
| Remaining cash | Held segregated pending client instructionsSource 2Source 6 |
The returned-money percentage is LCG’s statement on its legacy page, not an independently audited balance. The page gives no basis to say that every old account automatically migrated to a partner or that all residual cash has been repaid.[6]
Authorisation and client protection
Sections ↑Separate the present and historical obligations
| Relationship | Relevant boundary |
|---|---|
| Current partner account | Provider holds client money and supplies the trading contractSource 1Source 6Source 5 |
| Residual LCG legacy cash | LCG states segregation pending return instructionsSource 1Source 6Source 5 |
| LCG company identity | London Capital Group Ltd, company 03218125Source 1Source 6Source 5 |
| Regulatory reference | LCG publishes FCA 182110; current permissions were not independently extractedSource 1Source 6Source 5 |
The introduction does not itself extend the UK firm’s protections to every partner account. Any partner-specific compensation, leverage or negative-balance protection must be tied to that partner’s legal entity and customer classification.[1]
Support and complaints
Sections ↑Current service and legacy contact
| Channel | Published details |
|---|---|
| [email protected]Source 3Source 6 | |
| Telephone | +44 20 7456 7575Source 3Source 6 |
| Office | 2nd Floor, 75 King William Street, London EC4N 7BESource 3Source 6 |
| Legacy request | Same contact route given for remaining cash-return instructionsSource 3Source 6 |
LCG describes assistance with opening accounts, dealing-related service issues and disputes. That support is not a blanket authority to execute telephone orders or cancel a trade held at a partner broker. The legal page links a complaints document, but its full terms were not recovered, so no unverified response deadline is quoted.[2][4]
Company and operating history
Sections ↑Business identity and leadership
| Field | Current or historical fact |
|---|---|
| Brand history | Established in 1996Source 2Source 1 |
| Current leadership described | Dave Worsfold and Matt BasiSource 2Source 1 |
| 2023 pivot | Introduction and relationship-support modelSource 2Source 1 |
| Present role | No dealing as principal, advice or discretionary managementSource 2Source 1 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
London Capital Group Ltd
No separate licence entry is recorded in this panel.
Sources & further reading
- Current introduced-broker relationship model, zero direct client service fees, company legal details London Capital Group · Accessed 26 Oct 2026
- Management-led 2023 move to relationship-oriented introducing brokerage London Capital Group · Accessed 26 Oct 2026
- Official contact route and office details London Capital Group · Accessed 26 Oct 2026
- Company registration, regulatory disclaimer and complaint documents London Capital Group · Accessed 26 Oct 2026
- UK Companies House registered firm 03218125 UK Companies House · Accessed 26 Oct 2026
- Legacy trading closure and residual client balances London Capital Group · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.