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Markets.com vs LCG 2019

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Is LCG better than Markets.com? After scoring forex brokers on nearly 100 different variables, LCG is better than Markets.com. While a shaky status on the publicly traded markets doesn’t help LCG’s credibility, the broker does offer great customer service and competitive pricing, specifically with its LCGTrader (cTrader) ECN account 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 Markets.com LCG
Overall 3.5 4
Markets.com Review LCG Review
73% of retail CFD accounts lose money 79% of retail CFD accounts lose money

Regulation

Feature Markets.com LCG
Trust Score 90 79
Year Founded
1999 1996
Publicly Traded (Listed)
Yes Yes
Bank
No No
Tier-1 Licenses
2 1
Tier-2 Licenses
1 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Markets.com LCG
ASIC Authorised (Australia)
Yes No
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)
No Yes
CFTC Registered (USA)
No No

Tier-2 Licenses

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

Tier-3 Licenses

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

Investments

Feature Markets.com LCG
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
55 82
CFDs - Total Offered
2085 4759
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 3.5
Winner check_circle

Cost

Feature Markets.com LCG
Average Spread EUR/USD - Standard
1.9 (as of May 19) 1.45 (as of May 18)
All-in Cost EUR/USD - Active
1.9 (as of May 19) 0.85 (as of Oct 18)
Active Trader or VIP Discounts
No Yes
Commissions & Fees 3 3
Winner check_circle

Funding

Feature Markets.com LCG
Minimum Initial Deposit
$100 $0.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes
UnionPay (Deposit/Withdraw)
No No

Trading Platforms

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

Trading Tools

Feature Markets.com LCG
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 3.5
Winner check_circle

Mobile Trading

Feature Markets.com LCG
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 Yes
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No 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 Markets.com LCG
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
No No
Trading Central (Recognia)
Yes Yes
Delkos Research
Yes No
Social Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes
Research 3.5 3.5
Winner check_circle

Education

Feature Markets.com LCG
Has Education - Forex
No No
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
No No
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
No Yes
Tutorials/Guide (PDF or Interactive)
No No
Education 2 3
Winner check_circle

Major Forex Pairs

Feature Markets.com LCG
GBPUSD (or USDGBP)
Yes Yes
USDJPY (or JPYUSD)
Yes Yes
EURUSD (or USDEUR)
Yes Yes
USDCHF (or CHFUSD)
Yes Yes
USDCAD (or CADUSD)
Yes Yes
NZDUSD (or USDNZD)
Yes Yes
AUDUSD (or USDAUD)
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature Markets.com LCG
Markets.com Review LCG Review
Overall 3.5 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 LCG vs Markets.com.

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. Both LCG and Markets.com hold a 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. LCG and Markets.com both are regulated in a major hub. LCG and Markets.com are publicly traded companies. 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 Markets.com's 55 available pairs.

To round out our comparison of LCG vs Markets.com, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. LCG alongside Markets.com 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. LCG and Markets.com offer the same number of charting tools, 31. LCG and Markets.com offer the same number of indicators (eg, volume), 51.

LCG Review
Markets.com 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.

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