By James Erasmus, from South Africa, July 28, 2023 at 01:21 PM

Broker: LCG is no longer operating, ceased and insolvent

Answer: Hi James Erasmus,

Based on the information provided on the LCG website, the broker has recently experienced a major IT outage, which has affected both its trading platforms and back-office systems. As a result, clients’  accounts have been out of access. As well, deposits and withdrawals could not be processed during the period.

  • However, LCG informs that its trading platforms are now back online. Clients trading on LCG Trader should access their accounts using the following link: Still, traders will need to reset their passwords. MT4 clients can log in as usual.

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