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Fidelity vs Lightspeed : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Fidelity
Lightspeed
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
STP broker
Years of Existence / Established Year
1946
2005
Customer Base / Number of Accounts
51.4 million
No information
Regulation & Security
Regulations (governing bodies)
SEC, MSRB, FINRA
FINRA, SEC
Awards Won (count for the last 2 years)
Best Online Broker for Beginning Investors 2024, Rated #1 for Overall Broker 2024, Best Online Broker 2023
No major awards listed
Security Measures
FDIC , SIPC
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes* Restriction for some clients
Yes
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
10000+ mutual funds including fixed income, CDs, Annuities, life insurance, long-term Care Planning, 529 Plans IRAs, Health Savings Account
Commodity futures
Currency Pairs
No
No
Commodities
No
No
Indices
No
No
Cryptocurrencies
Yes
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
No
Yes
Bonds
Yes
No
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
No
No
Other Trading Platforms (proprietary, etc.)
Trading dashboard, Fidelity mobile, Active Trader Pro
Light speed trader, Web and mobile trading, Speciality trading platform, Future trading platform, Risk management Software
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes except Mac, iOS, Android
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Fidelity® Cash Management Account., The Fidelity Account, Individual Retirement Account (IRA), 529 College Savings Account., Fidelity HSA, Custodial Account (UGMA/UTMA)
Standard account- Individual, Joint, Retirement, Corporate, Trust, LLC, Institutional account- Prime brokerage, Separately Manged account, DVP, RVP,Cash and Margin account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$2,000
Leverage Available
No
4:1 to 2:1
Trade Limit (maximum per trade)
Depends on assets class
Depends on asset class
Commission (per account type)
$0
Accounts under $15,000: $25 monthly fee, Lightspeed Trader and Sterling Trader Pro: $0.50 minimum per order, Eze EMS (formerly RealTick): $3.00 minimum commission, Lightspeed Web & Mobile: $1 minimum commission
Best Suited For (e.g., beginners, experienced traders)
Beginners and experienced traders
Active traders, professionals, and institutional traders
Deposit & Withdrawal Options
Deposit Methods
ATM/debit card, Deposits eligible for FDIC insurance, Cash Manager, Fidelity Mobile, Bill Pay, Check writing, Automatic investments, Automatic withdrawals, Direct deposit, Electronic funds transfer (EFT), e-wallets
Wire transfer, ACH, account transfer, Check
Withdrawal Methods
Electronic funds transfer (EFT), Bank wire, Paper check, Paper bill varies by account types
Wire transfer, ACH, account transfer,Check
Other E-Wallets Supported
Venmo or PayPal
No
Tools & Educational Resources
Economic Calendar
No
No
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Research and Tools, Investment Education, Webinars and Online Courses, Market News and Insights, Retirement and Planning Tools
Trading Platform Tutorials, Market Insights and Analysis, Webinars and Online Events, Trading Education Resources, Market News and Research
Fees & Commissions
Trading-Related Fees
Commission for U.S stocks, ETFs, Options- $0, Mutual funds- $49.95, Crypto spread- 1.0 pip, Margin liquidation -$32.95 per liquidation, Stock certificate transfer and ship $10 Per Certificate
ETFs- $2, Share- $0.001, Future option fee- $1.29
Spread (typical, fixed, variable)
NA
NA
Per Lot Fees
NA
NA
Options Contract Fees
$0.65/ Contract fee
$0.20
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
4:1
Non-Trading Fees
Dormant Fees
$0
$25 monthly minimum
Subscription Fees (for premium features, data feeds)
NA
$130
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
NA
Yes
Statement or Document Fee
NA
$15 - $50 per month
Account Opening Fee
$0
$20
Account Maintenance Fee
$0
Maintenance fees will be billed weekly, based on the previous month's commissions
Deposit Fee
$0
$0
Currency Conversion Fee
$50/ per trade
$10
Withdrawal Fee
Wire transfer-$3
$20 fee for domestic wires and a $50 fee for international wires, Check standard time- free or overnight $30
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
No
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Premarket session -7:00 a.m. to 9:28 a.m. ET.
4 AM to 8 PM EST on weekdays only.
Customer Support
Support Hours (e.g., 24/7, weekdays only)
8:30 a.m. - 8:30 p.m. ET , Monday- Friday
24/7
Customer Support Methods (phone, email, live chat)
Phone: 800-343-0860, 800-835-5095, Live chat, Login for personalized help, FAQs
E-mail: [email protected], Phone: 1-888-577-3123 , 1-646-393-4800, Schedule a call
Support Languages
2
1
Additional Information
Headquarters Location
Boston, MA
Chicago office, 181 West Madison Street, Suite 2950, Chicago, IL 60602
Complaints (for crypto brokers)
No
No
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