ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

LCG vs Admiral Markets 2019

ForexBrokers.com

Is Admiral Markets better than LCG? After scoring forex brokers on nearly 100 different variables, LCG is better than Admiral Markets. Traders seeking a UK-regulated multi-asset broker will find that LCG offers nearly 5,000 instruments on its 3rd-party trading platforms including MT4 and LCGTrader by cTrader. Competitive pricing on its commission-based account offering round-out the LCG offering.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature LCG Admiral Markets
Overall 4 4
LCG Review Admiral Markets Review
79% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature LCG Admiral Markets
Trust Score 79 78
Year Founded
1996 2001
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
1 2
Tier-2 Licenses
0 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature LCG Admiral Markets
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Tier-2 Licenses

Feature LCG Admiral Markets
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No Yes
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses

Feature LCG Admiral Markets
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No No

Investments

Feature LCG Admiral Markets
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
82 55
CFDs - Total Offered
4759 106
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 3.5
Winner check_circle

Cost

Feature LCG Admiral Markets
Average Spread EUR/USD - Standard
1.45 (as of May 18) 1.2 (as of Jan 17)
All-in Cost EUR/USD - Active
0.85 (as of Oct 18) 1.2
Active Trader or VIP Discounts
Yes No
Commissions & Fees 3 3.5
Winner check_circle

Funding

Feature LCG Admiral Markets
Minimum Initial Deposit
$0.00 200
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature LCG Admiral Markets
Proprietary Platform
No No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No Yes
cTrader
Yes No

Trading Tools

Feature LCG Admiral Markets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 3
Winner check_circle

Mobile Trading

Feature LCG Admiral Markets
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3.5 3.5
Winner check_circle

Research

Feature LCG Admiral Markets
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
No Yes
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Trading / Copy-Trading
Yes No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 3.5 3.5
Winner check_circle

Education

Feature LCG Admiral Markets
Has Education - Forex
No Yes
Has Education - CFDs
No Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
Yes Yes
Tutorials/Guide (PDF or Interactive)
No No
Education 3 4
Winner check_circle

Major Forex Pairs

Feature LCG Admiral Markets
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature LCG Admiral Markets
LCG Review Admiral Markets Review
Overall 4 4
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare Admiral Markets vs LCG.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Admiral Markets is a better option with a 3.50 star rating over LCG's 3.00 star rating.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Admiral Markets alongside LCG are regulated in a major hub. LCG is a publicly traded company, Admiral Markets isn't. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. LCG boasts an offering of 82 different currency pairs compared to Admiral Markets's 55 available pairs.

To round out our comparison of Admiral Markets vs LCG, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Admiral Markets alongside LCG offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Both Admiral Markets and LCG provide clients with access to 31 total charting tools. Admiral Markets and LCG offer the same number of indicators (eg, volume), 51.

Admiral Markets Review
LCG Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

arrow_drop_upBack to top