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Lightspeed vs FP Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Lightspeed

Lightspeed

VS
FP Markets

FP Markets

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Broker Overview

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

STP broker

ECN broker

Years of Existence / Established Year

2005

2005

Customer Base / Number of Accounts

No information

No information


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

ASIC, CySEC, FSCA, FSA, SVG

Awards Won (count for the last 2 years)

No major awards listed

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

Security Measures

SIPC

No

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

10,000+ trading instruments

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

No

Options

Yes

No

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

No

No

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

Yes

cTrader

No

Yes

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

No

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

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$2,000

$100

Leverage Available

4:1 to 2:1

500:1

Trade Limit (maximum per trade)

Depends on asset class

Depends on the asset type

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

$3

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

Active traders, professionals, and institutional traders

Beginners to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Other E-Wallets Supported

No

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer


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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

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary


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Fees & Commissions

Trading-Related Fees

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

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

Spread (typical, fixed, variable)

NA

Typical

Per Lot Fees

NA

$2

Options Contract Fees

$0.20

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

4:1

500:1


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Non-Trading Fees

Dormant Fees

$25 monthly minimum

$0

Subscription Fees (for premium features, data feeds)

$130

$0

Advisory Fees

NA

$70

Swap Fees (Overnight Financing)

Yes

Long- $5.79, short- $2.59

Statement or Document Fee

$15 - $50 per month

NA

Account Opening Fee

$20

$0

Account Maintenance Fee

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

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$10

Starts from 0.06 to 0.30 %

Withdrawal Fee

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

Upto $50


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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.

Depends on the instrument offer


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Customer Support

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

24/7

24/7

Customer Support Methods (phone, email, live chat)

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

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat

Support Languages

1

12+


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Additional Information

Headquarters Location

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

Sydney,Australia

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.
If minimizing trading costs is your top priority, Lightspeed might be more attractive due to its lower commissions. Meanwhile, FP Markets justifies its moderate fees with more robust tools and professional-grade features.
Lightspeed offers a quick and paperless account setup that appeals to traders on the go, whereas FP Markets more involved onboarding process adds an extra layer of safety and regulatory checks.
While Lightspeed focuses on mobile-first design and clean user experience, FP Markets includes features like in-depth charting, integrated news feeds, and strong desktop performance.
Lightspeed caters to serious traders who value advanced features, whereas FP Markets appeals to beginners due to its user-friendly platform.