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Lightspeed vs City Index : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Lightspeed

Lightspeed

VS
City Index

City Index

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

Market maker

Years of Existence / Established Year

2005

1983

Customer Base / Number of Accounts

No information

1M + active customers


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC

Awards Won (count for the last 2 years)

No major awards listed

Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Commodity futures

13,500+ assets types including Shares

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

No

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

No

Options

Yes

Yes

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Light speed trader, Web and mobile trading, Speciality trading platform, Future trading platform, Risk management Software

City Index mobile trading app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes except Mac, iOS, Android

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard account- Individual, Joint, Retirement, Corporate, Trust, LLC, Institutional account- Prime brokerage, Separately Manged account, DVP, RVP,Cash and Margin account

Standard, MT4, Corporate account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$2,000

€100

Leverage Available

4:1 to 2:1

30:1

Trade Limit (maximum per trade)

Depends on asset class

Depends on the assets class

Commission (per account type)

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

€0

Best Suited For (e.g., beginners, experienced traders)

Active traders, professionals, and institutional traders

Beginner to experienced


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

Bank transfer, credit card, debit card, e-wallets

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

Bank transfer, credit card, debit card, e-wallets

Other E-Wallets Supported

No

Paypal


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Tools & Educational Resources

Economic Calendar

No

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Platform Tutorials, Market Insights and Analysis, Webinars and Online Events, Trading Education Resources, Market News and Research

Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts


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Fees & Commissions

Trading-Related Fees

ETFs- $2, Share- $0.001, Future option fee- $1.29

UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)

Spread (typical, fixed, variable)

NA

Fixed and variable spreads

Per Lot Fees

NA

NA

Options Contract Fees

$0.20

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

$0

Maximum Leverage

4:1

30:1


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Non-Trading Fees

Dormant Fees

$25 monthly minimum

$15 monthly fee after 24 months of inactivity

Subscription Fees (for premium features, data feeds)

$130

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

$15 - $50 per month

NA

Account Opening Fee

$20

NA

Account Maintenance Fee

Maintenance fees will be billed weekly, based on the previous month's commissions

NA

Deposit Fee

$0

Credit/ debit card- 2%, others - €0

Currency Conversion Fee

$10

Varies by instrument

Withdrawal Fee

$20 fee for domestic wires and a $50 fee for international wires, Check standard time- free or overnight $30

Bank fees may apply


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

4 AM to 8 PM EST on weekdays only.

Varies by instrument


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/5

Customer Support Methods (phone, email, live chat)

E-mail: [email protected], Phone: 1-888-577-3123 , 1-646-393-4800, Schedule a call

Email: [email protected], Phone: 0800 060 8609, Live chat

Support Languages

1

6


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Additional Information

Headquarters Location

Chicago office, 181 West Madison Street, Suite 2950, Chicago, IL 60602

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Lightspeed is known for competitive pricing on basic trades, especially for beginners. However, City Index fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
Lightspeed offers a quick and paperless account setup that appeals to traders on the go, whereas City Index more involved onboarding process adds an extra layer of safety and regulatory checks.
The trading interface of Lightspeed is known for its speed and ease-of-use, while City Index shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
Those seeking technical depth may prefer Lightspeed, while City Index shines with intuitive design and streamlined features.