This comparison guide helps users who need assistance choosing between AvaTrade and Lightspeed to find the best online broker for their trading and investment needs. It evaluates the fundamental features of the two brokers shoulder to shoulder to help users compare their service and make an informed decision.
To help users choose between AvaTrade and Lightspeed to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their common trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.
AvaTrade vs. Lightspeed: Summary
AvaTrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.
Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.
Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100.
Choose AVAtrade if you are a beginner or semi advanced forex trader, looking to trade major forex currency pairs, options or CFDs as stocks, cryptos, indices or commodities with premium services.
Lightspeed is a globally operating online broker regulated by FINRA. They offer users access to 6,000 stocks, options, and futures.
Their trading platforms ( LightSpeed Trader, LightSpeed Web & Mobile, and Sterling Trader Pro) offer advanced trading and charting tools including level 2 trading and dynamic charting, LiveVolX and Eze EMS.
Lightspeed offers low per-share and per-contract fees for high volume traders. The minimum deposit requirement at Lightspeed is $10,000 or $25,000.
Lightspeed’s customer support is available 24/7 through email, live chat, and phone in English language.
Pros
- Low minimum deposit ($100)
- Fixed forex spreads from 0.9 pips
- Wide range of platforms and third party integrations (MT4, MT5, TradingView)
- Support for various trading styles (algorithmic, automated, copy trading)
Cons
- Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options
Pros
- Great choice of different trading platforms
- Wide range of stocks, options and features
- Responsive customer support
- Competitive pricing on higher volume
- Fast order execution speeds
Cons
- High minimum deposit required
Key features
- Access to 1250 CFDs and 44 forex options
- Excellent copy trading features
- Advanced mobile trading app (AvaOptions)
- Industry average pricing
- Perfect for casual and advanced traders
- Access to the full meta trader suite
Key features
- Access to over 10,000 different stocks, ETFs, options, and futures
- Trading fee discounts for active stock and ETF traders
- Broad range of risk management tools and third-party software
- Extensive education section with live webinars, trading courses, and an active trader blog
- Level 2 order book information and dynamic charting features
AvaTrade vs. Lightspeed Comparison
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AVAtrade
Lightspeed
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:400 | 6:1 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | $50 per transaction |
Deposit Fee | 0 | 0 |
Inactivity Fee | $50 after every 3 months and $100 after every 12 months | $25 if no trading in previous year |
Cost Per Trade | 0 | $4.50 |
Cost Per Month | 0 | Yes, depending the platform |
Forex (EUR/USD) | 0.9 | 0 |
Stocks & ETF | 0 | $0.0045 per share |
CFD (Gold) | 3.4 | 0 |
Crypto | 0.35% | 0 |
Options | 0 | $0.60 per contract |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $100 | $10,000.00 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 4 markets |
ETF & Funds | 0 | 4 markets |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 8 markets |
Futures | 0 | 9 markets |
Bonds | 0 | 0 |
Forex Instruments | 55 | 0 |
CFD Indices & Funds | 91 | 0 |
CFD Stocks | 612 | 0 |
CFD Commodities | 18 | 0 |
CFD Crypto | 20 | 0 |
CFD Bonds | 2 | 0 |
Binary Options | 44 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
AvaTrade vs. Lightspeed Comparison Conclusion
The results of our comparison of AvaTrade vs. Lightspeed are summarized in the table below.
Broker: | Best For: |
AvaTrade | Forex, CFDs and Options |
Lightspeed | Stocks, futures and options; High volume traders |
Choosing the right broker between AvaTrade and Lightspeed can be tough. Both online brokers have similarities but vary based on trading instruments, platforms & apps, regulation, deposit & withdrawals, and research and education. Finding the best broker depends on users’ trading & investment goals, personal preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.