M1 Finance vs LCG

M1 Finance vs LCG Comparison Table 2021
M1 Finance LCG
M1 Finance offers customizable and automated trading services for US investors. London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
$4,000 switching bonus None
Instruments
Stocks, ETFs, funds Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$100 0 $/€/£
Payment Methods
Wire Transfer
Minimum Trade
$1 Lots vary by asset
Regulator
FINRA, SEC FCA
Margin Trading
Yes No
Margin Rate
2 - 3.5%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes
Auto Trading
Yes No
Trade Signals
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
1 pt
GBPUSD Spread
0.5 pips
Oil Spread
3 pips (Variable)
Stocks Spread
0.3% Var
Forex
Forex trading not offered
GBPUSD Spread
0.5 pips
EURUSD Spread
0.3 pips
EURGBP Spread
0.4 pips
Assets
60+