Our Verdict
Spreadex has a higher rating of 4/5 compared to LCG (3.8/5). LCG offers 7 instrument types, while Spreadex offers 6. LCG has been in the market since 1996, making it the more experienced provider.
Comparison Table
| Criteria | LCG | Spreadex |
|---|---|---|
| Rating | 3.8/5 (520 reviews) | 4/5 (640 reviews)✓ |
| Regulation | FCA/CySEC | FCA |
| Fees | from 0.8 pips Forex (Classic), from 0.0 pips + commission (ECN) | from 0.6 pips Forex, tight spreads on indices |
| Min. Deposit | 0 £ | 0 £ |
| Instruments | Forex, CFDs, Indices, Commodities, Stocks CFDs, Bonds, ETFs CFDs | CFDs, Forex, Indices, Commodities, Stocks CFDs, Spread Betting |
| Platforms | MT4, LCG Trader | Spreadex Web, Spreadex App, TradingView |
| Options Trading | No | No |
| Founded | 1996 | 1999 |
| Headquarters | London | London |
Detailed Comparison
Fee Comparison
LCG: from 0.8 pips Forex (Classic), from 0.0 pips + commission (ECN). Minimum deposit: 0 £.
Spreadex: from 0.6 pips Forex, tight spreads on indices. Minimum deposit: 0 £.
Product Range
LCG (7 categories)
Spreadex (6 categories)
Trading Platforms
LCG
- MT4
- LCG Trader
Spreadex
- Spreadex Web
- Spreadex App
- TradingView
Regulation & Security
LCG is regulated by FCA/CySEC (HQ: London).
Spreadex is regulated by FCA (HQ: London).
Who Is It For?
LCG
FCA-regulated CFD broker with over 7,000 tradable instruments
✓ FCA and CySEC-regulated with long history since 1996
✓ Over 7,000 tradable instruments
✓ No minimum deposit required
✗ Spreads on Classic account wider than competitors
✗ No MT5 available
Spreadex
FCA-regulated spread betting and CFD broker from London
✓ FCA-regulated with long market presence since 1999
✓ Tax-free spread betting for UK clients
✓ No minimum deposit required
✗ No MT4 or MT5 available
✗ Spread betting only relevant for UK clients