FlowBroker (by LCG) review: Regulations, Platforms, Trading Instruments and Broker Ratings.

2.207 • 43 REVIEWS
London Capital Group Was CapitalSpreads.com LCG Capital Markets Limited Also LCG.com
Updated: Apr 7, 2024

What is FlowBroker?

FlowBroker, a trading name of LCG Capital Markets Ltd, also part of the FlowBank Group, is a CFD broker with Metatrader 4 (MT4) trading platform in PC and mobile versions, as well as the FlowBroker proprietary online app.

Flow-Broker.com offers CFDs on over 50 forex currency pairs, commodities, oil, gold, silver, indices, stocks, and cryptocurrencies (bitcoin etc.) for your personal investment and trading options.

Please read FlowBroker Reviews below and share your live trading experiences with this broker.

Was LondonCapitalGroup.com and CapitalSpreads.com.

Broker Details

Minimum Trade Size: 0.1
Maximum Leverage: 200:1
Minimum to Open Live: $1
Established: 1999
Address: Sassoon House, Shirley Street and Victoria Avenue, Nassau in the Island of New Providence, Bahamas
Contact: customerservices@flow-broker.com, +1 (242) 601 6866
Regional offices:
Regulators: SCB #No. SIA-F194
Prohibited countries:
Trading platforms: MT4, LCG Trader
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (60+)
CFD: (225+) Gold, Silver, Stocks, Bonds, Oil, Other Commodities, ETF

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill
* Please check broker website for more information
2.207 • 43 REVIEWS

Recent User Reviews of FlowBroker

SL, Slovenia,
Sep 27, 2022,
Registered user

Stollen profits and account closure without any notice!

Service use: Live Length of use: 6-12 Months
I had a very bad experience with London Capital Group. I wanted to open a position and when I opened my trading account, I found out that my ballance was 0.00 USD! Futhermore, there was a withdrawal, which was not made by me! I haven't received any email or notice from LCG about it!
Later in email, when I inquired about what happened with my account, they simply replied that my activities breach their terms and conditions and closed the case. I am a retail trader and I have my own strategy which is by no means abusive.
I still cannot believe that they deleted all my profits, made a withdrawal and closed my account! They have no interest having you as a client if you make any profit. I would definitely advise you against using their services.
Alex F
SL, Slovenia,
Sep 19, 2022,
Registered user

LCG Bahamas fiercely took my 6,000 USD profit without any prior notice!

Service use: Live Length of use: 6-12 Months
I opened an account with the LCG a few months ago. I believe it is a good brand and name among brokers. Now I see that I was mistaken. They are scammers! It works like a casino house that wants to make money on every client. Practically they don't allow clients to generate any profits, which is against their rules. My account was "robbed" for app. 6,000 USD dollars without any prior notice. Their only explanation was that I was doing latency trading! They didn't prove anything. LCG happily recognize my negative trades. That kind of trade is designed for them! My initial deposit is NOW substantially lower. Warning for all potential clients, don't open an account with LCG because your money is at real stake! LCG is a shame for the industry! Warning sign, stay away from them!!
SL, Slovenia,
Sep 18, 2022,
Registered user

LCG stooled me for 33.373,95 EUR

Length of use: 3-6 Months
One day I opened my trading platform and I noticed that Withdrawal of almost all my balance was made from my account. First, I thought of hacker attack, but after I contact LCG I received a shocking email from them that my profits were removed from their side Although I still don't know why. I asked them several times for proper explanation and for a post trade analysis if there is anything that bother them but I received just an silly answer that I breach clause 32.1 ( iv) in their terms and conditions and the investigation is finished for them.

I can't believe my eyes what can FCA regulated forex broker deal with a retail trader. I have account with their Bahamas entity and apparently, they can really make a fool out of us retail trades.

Outrageous, action must be taken against all LCG group!
Zyerov Olexandr
May 14, 2019,
Registered user



I deposit 1000$ after few weeks i asked them to withdraw 1000$, without profit. They ignored me during 2 weeks. In chat they said "Because we are still waiting for the update from the compliance department as I explained. Once it's approved we will contact you by email immediately"
1 trader has found this review helpful
Munich, Germany,
May 13, 2019,

Strongly not recommended

Warning: withholds your money and comes up with yet another excuse to not execute withdrawals.
Muscat, Oman,
Mar 24, 2019,
Registered user

Regret opening an account

I was fooled by the cool app and that they are publicly listed and regulated. When I started testing the service I found bad customer service and ignoring my email regarding being unable to trace my last two withdrawals. It's been 3 weeks since the first one of $54 and the two weeks since the second of $28. First email they gave me an ARN code, in a very unprofessional way mind you. which my bank says doesn't show up. The second time they completely ignored me.
My LCGtrader account number is 1058648
London, United Kingdom,
Feb 5, 2019,

This is a scam

Liars and crooks. Will never give you your money back. Beware this is a scam don’t trust them
1 trader has found this review helpful
Osaka, Japan,
Feb 1, 2019,
Registered user

My deposit $ 500 has disappeared.

My deposit of $ 500 has disappeared. LCG Bahamas (SCB)
I have negotiated with UK & SCB many times, but only say that LCG is processed correctly.

I judged that it was impossible to negotiate with LCG.

LCG is scary.
LCG told me to add $ 500 with a credit card. LCG was trying to take $ 1,000 from me.

Save all chats and emails.

LCG is terrible. Do not trust LCG.
LCG is not sincere.

We will refuse the settlement of $ 500 by contacting the credit card company.
I will protect my money from LCG.

LCG is a fraud broker.
I have all the evidence.

Jan 2, 2019,
Registered user


I opened an account and started with 1500 to trade CFD. Made aroud 2k profit in 2 months. When I tried to withdrawal on 17th december, broker did not do it. They replied me that my account is under investingating and that something "abnormal" happened on my account. I am not scalper or something like this so I do not understand what is abnormal on my account! The did not replied me. They are scam broker. I will open a dispute here and also versus compliance.
Dec 20, 2018,
Registered user

LCG eat my deposit $300

this is a scam broker , they dont live you profit and eat my deposits $300, I have enough evidence to prove everything I said.

Frequently Asked Questions

What is LCG?

LCG stands for London Capital Group, is an online forex broker. LCG offers the following assets to be traded on MetaTrader 4 and LCG trader.
  • Forex
  • Spot metals
  • Indices
  • Shares
  • EFTs
  • Vallina options
  • Commodities
  • Bonds & Interests Rates

Is LCG regulated?

LCG Group is regulated in 3 countries.
  •  London Capital Group (BHS) is authorised and regulated by the Securities Commission of Bahamas (SCB) with License No. SIA-F194
  • London Capital Group Limited is regulated by the Financial Conduct Authority of United Kingdom (FCA no. 182110)
  • London Capital Group (Cyprus) Limited is regulated by the Cyprus Securities and Exchange Commission (License No. 341/17)

What is the minimum deposit for LCG?

Although there is no minimum deposit required by LCG to start trading, you are suggested to fund your account with enough to cover the margin requirement for the trade you wish to open.

What is the maximum leverage for LCG?

The LCG maximum leverage varies depending on the pairs you trade.
  • Major pairs: 500:1
  • Minor pairs: 200:1
  • Exotic pairs: 50:1