Alpari vs LCG

Alpari vs LCG Comparison Table 2023
Alpari	LCG
Review 3.8	Review 2.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker's fix contracts also offer fixed costs with payouts known upfront. Trading takes place on the MetaTrader 4 and MetaTrader 5 platforms, plus the brand's mobile app. Alpari offers tight spreads on ECN accounts and commission-free spreads from 1.2 pips on standard accounts.	London Capital Group was established in 1996 and is regulated by the FCA and CySEC. Today the firm is a popular CFD and spread betting provider, with $20+ trillion in executed trading volume, 24/5 customer support, and a number of industry awards.
Bonus Offer
30% up to $100 (terms apply)
Comment by Reviewer
"Alpari will suit short-term binary options traders with a low $5 deposit and welcome bonus. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."	"LCG will appeal to traders looking for wide market coverage with 7000+ instruments spanning 9 asset classes. The around-the-clock customer support will also appeal to new traders."
Pros
Low or no commission and tight spreads on ECN accounts Excellent choice of funding options with no fees Cashback for high-volume traders Strong range of currency pairs Supports MT4 and MT5 platforms Welcome bonus for new traders Copy trading and PAMM service High leverage up to 1:1000 20+ years track record	Heavily regulated by the FCA in the UK and CySEC in the EU Trading Central partnership with pattern recognition technology In-house trading software plus access to MetaTrader 4 Excellent suite of instruments with 7000+ assets Swap-free Islamic account available Demo account provided
Cons
Not available in the US Limited selection of non-forex assets High charges for strategy manager copy trading tools Weak market research and analysis tools	Nearly twice as high commissions on MT4 ($10.00 per $100.000), compared to LCG Trader ($45.00 per $1.000.000) Spreads are not the most competitive averaging 1.5 pips on the EUR/GBP A high $10,000 minimum deposit is needed for the ECN account
Instruments
Stocks, CFD, Forex, Crypto	Stocks, Futures, CFD, Forex
Demo Account
Yes	Yes
Minimum Deposit
$5	$0
Trading Platforms
MT4	MT4
Payment Methods
ADVcash Bitcoin Payments Credit Card Diners Club EasyPay Ethereum Payments FasaPay Flutterwave GlobePay Maestro Mastercard Neteller PayRedeem Perfect Money RBK Money Skrill UnionPay Vietcombank Transfer WebMoney Wire Transfer Yandex Money
Minimum Trade
0.01 Lots	Lots vary by asset
Regulator
FSC, SEBI, JFSA	FCA
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android & Windows
Auto Trading
Via Copy Trading choices
Copy Trading
Yes	No
Copy Trading Platform
Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals.
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CZK NGN
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500
Commodities
Gold Natural Gas Silver
CFD Trading
Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service.	Trade thousands of CFDs on reliable trading software. Leverage up to 1:30 is available in line with regulatory restrictions. Beginners can also utilize the firm's training videos.
Leverage
1:400	1:30
FTSE Spread
13	1 pt
GBPUSD Spread
0.7 var	0.5 pips
Oil Spread
4 pts	3 pips (Variable)
Stocks Spread
Variable	0.3% Var
Forex Trading
Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available.	LCG offers 60+ major, minor and exotic currency pairs on MT4 or LCG Trader. Leverage is available up to 1:30 with average spreads of 1.5 pips on key currency pairs.
GBPUSD Spread
0.7	0.5 pips
EURUSD Spread
0.4	0.3 pips
EURGBP Spread
0.6	0.4 pips
Assets
50+	60+
Currency Indices
USD
Cryptocurrency
Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends.	Crypto trading not offered
Spread
1
Coins
AVE BTC BCH ADA LINK DAI DOGE EOS ETH ECH FIL LTC XMR DOT XRP MATIC SOL XLM USDT TRON UNI USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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