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FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

LCG (London Capital Group)

Broker · United Kingdom

About the company

Legal company nameLondon Capital Group Ltd
Year founded1996
Headquarters / registered countryLondon, United Kingdom
Websitewww.lcg.com
Last checked08.10.2026

According to its official website, LCG (London Capital Group) is a broker founded in 1996 and based at 75 King William Street in London; it says it has operated both as a private and as a public company. London Capital Group Ltd (company no 3218125) states that it is authorised and regulated by the FCA (FRN 182110); no other group company or licence appears on the site. According to the company, Dave Worsfold and Matt Basi took over its management in January 2023, the former model under which it held client money and acted as counterparty to client trades on its own platform was gradually wound down, and the last client trades were closed on 15 December 2023. Today the company refers clients to third-party partners, which it does not name; it supports them with account opening, client service, trade execution and dispute resolution, and is paid commissions by its partners. Its services cover spread betting, CFDs, futures, equities and forex; it says it does not deal as principal and does not provide investment advice or discretionary management. Funds of legacy clients that have not yet been returned are said to remain in a segregated client money account. This information is the company's own statement.

Account Details

ACCOUNT TYPESNo account types of its own; accounts are opened with third-party partners
MIN. DEPOSITNot stated
PLATFORMSNo platform of its own; partners' platforms (names not stated)
PRODUCTSSpread betting · CFDs · Futures · Equities · Forex (through partners)
LEVERAGENot stated

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 182110
Licence holderLondon Capital Group Ltd
ScopeListed in the FCA register under LONDON CAPITAL GROUP LIMITED (FRN 182110); status Authorised since 1 Dec 2001. It holds permissions to deal in and arrange investments.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: November 2017 – October 2026

  • Account / trading conditions: 25
  • Withdrawal / payment: 24
  • Other: 4

No. 158 for most complaints among 520 institutions.

RANK BY TOPIC — Account / trading conditions: 140. · Withdrawal / payment: 104. · Other: 115.

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on LCG - London Capital Group's Trustpilot page (33) and WikiFX (20) records as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the LCG name are left out. Across the complaints, allegations that profitable trades were removed and prices were manipulated, rejected or delayed withdrawals, and platform outages and slippage stand out.

Sources and verification history

Official company sourceslcg.com — homepage, About, Team, Contact, Legacy clients, Legals, footer
Regulator recordsFCA — London Capital Group Limited, FRN 182110 (register.fca.org.uk)
Company registerCompanies House — LONDON CAPITAL GROUP LIMITED, company no 03218125, incorporated 28 Jun 1996
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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