This comparison overview aids individuals that struggle to choose in between FP Markets and Lightspeed to locate the best online broker for their trading and financial investment requirements. It examines the main features of the two brokers alongside to assist users compare their service and make an informed decision.
To assist customers choose the ideal broker between FP Markets and Lightspeed to find the best-suited system, below is a checklist of broker’s pros and cons, adhered to by a contrast of their main trading functions, consisting of trading platforms & tools, fees, mobile trading, down payment & withdrawal, properties, policy, and client assistance.
FP Markets vs. Lightspeed: Summary
FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.
The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.
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)
- Low spreads from 0,0 pips EUR/USD
- Compatibility with MT4, MT5 and cTrader
- Free VPS server
- Fast account opening
Cons
- Only CFD and forex trading
- Demo account is not unlimited
Pros
- Great choice of different trading platforms
- Wide range of stocks, options and features
- Responsive customer support
- Competitive pricing on higher volume
Cons
- High minimum deposit requirement
Key features
- Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
- Compatibility with MT4, MT5 and cTrader
- MAM/PAMM accounts availability
- Islamic account availability
- Excellent copy trading features (Myfxbook Autotrade)
- Wide range of advanced trading tools (Autochartist, Traders Toolbox)
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 and blog
- Level 2 order book information and dynamic charting features
- Fast order routing
FP Markets vs. Lightspeed Comparison
Select up to 3 Brokers
FP Markets
Lightspeed
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:500 | 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 | 0 | $25 if no trading in previous year |
Cost Per Trade | 0 | $4.50 |
Cost Per Month | 0 | Yes, depending the platform |
Forex (EUR/USD) | 0.1 | 0 |
Stocks & ETF | 0 | $0.0045 per share |
CFD (Gold) | 0.2 pips | 0 |
Crypto | 0 | 0 |
Options | 0 | $0.60 per contract |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | 0 | $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 | 63 | 0 |
CFD Indices & Funds | 14 | 0 |
CFD Stocks | 9000 | 0 |
CFD Commodities | 10 | 0 |
CFD Crypto | 4 | 0 |
CFD Bonds | 2 | 0 |
Binary Options | 0 | 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
FP Markets vs. Lightspeed Comparison Conclusion
The results of our comparison of FP Markets vs. Lightspeed are involved the table listed below.
Broker: | Best For: |
FP Markets | Forex and CFD trading with low fees |
Lightspeed | Stocks, futures and options; High volume traders |
Selecting the appropriate option in between FP Markets and Lightspeed can be challenging. Both online brokers have similarities yet vary regarding trading instruments, platforms & applications, policy, down payment & withdrawals, and research and education and learning. Picking the very best broker depends upon customers’ trading & investment goals, specific choices, and experience degree.
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.