LCG vs Trade Nation: 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.

AttributeLCGTrade Nation
Licence Score61Moderate67Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record25
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia —Licensed
2 FSCA South Africa —Licensed
3 SCB Bahamas LicensedLicensed
4 FSA (Seychelles) Seychelles —Licensed
Founded19962014
HeadquartersUnited KingdomUnited Kingdom
TypeSpread betting & CFD providerSpread betting & CFD provider
Publicly listedNoNo
PlatformsProprietary, MT4Proprietary, MT4, TradingView
Minimum depositNo minimumNo minimum
VisitVisit siteVisit site

Frequently asked questions

Is LCG or Trade Nation better regulated?

Trade Nation has the higher Licence Score (67 vs 61), based on the number and tier of licences, operating history and public listing.

Which regulators license both LCG and Trade Nation?

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.