FxPro vs LCG: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFxProLCG
Licence Score68Strong61Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record52
1 FCA United Kingdom Licensed · FRN 509956Licensed
2 CySEC Cyprus Licensed · Licence 078/07—
2 FSCA South Africa Licensed · FSP 45052—
3 SCB Bahamas LicensedLicensed
4 FSA (Seychelles) Seychelles Licensed—
Founded20061996
HeadquartersCyprusUnited Kingdom
TypeForex & CFD brokerSpread betting & CFD provider
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, ProprietaryProprietary, MT4
Minimum depositUS$100No minimum
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Frequently asked questions

Is FxPro or LCG better regulated?

FxPro has the higher Licence Score (68 vs 61), based on the number and tier of licences, operating history and public listing.

Which regulators license both FxPro and LCG?

Both are matched to licences from FCA and SCB.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.