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Lightspeed vs Freetrade : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Lightspeed
Freetrade
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
STP broker
Years of Existence / Established Year
2005
2016
Customer Base / Number of Accounts
No information
1.5 M
Regulation & Security
Regulations (governing bodies)
FINRA, SEC
FCA
Awards Won (count for the last 2 years)
No major awards listed
Best Online trading platform 2024
Security Measures
SIPC
Yes
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
Commodity futures
6200+ U.S Treasury Bills, Investment trust
Currency Pairs
No
No
Commodities
No
No
Indices
No
No
Cryptocurrencies
No
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
No
Futures
Yes
No
Bonds
No
No
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
Yes
Equities
Yes
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
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
Freetrade web and mobile trading platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes except Mac, iOS, Android
Yes
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
General investment account, Stocks and shares ISA, Personal pension account
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$2,000
$0
Leverage Available
4:1 to 2:1
100:1
Trade Limit (maximum per trade)
Depends on asset class
depends on asset 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
Beginners to experienced traders
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, ACH, account transfer, Check
Bank transfer, debit card, Apple pay, google pay
Withdrawal Methods
Wire transfer, ACH, account transfer,Check
Linked bank account
Other E-Wallets Supported
No
Apple pay , google pay
Tools & Educational Resources
Economic Calendar
No
No
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
Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum
Fees & Commissions
Trading-Related Fees
ETFs- $2, Share- $0.001, Future option fee- $1.29
FX fee of 0.59%
Spread (typical, fixed, variable)
NA
Variable
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
NA
Maximum Leverage
4:1
100:1
Non-Trading Fees
Dormant Fees
$25 monthly minimum
$0
Subscription Fees (for premium features, data feeds)
$130
$0
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
NA
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
£10.97
Deposit Fee
$0
£5
Currency Conversion Fee
$10
Exchange rate + 0.99%
Withdrawal Fee
$20 fee for domestic wires and a $50 fee for international wires, Check standard time- free or overnight $30
£5
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
4 AM to 8 PM EST on weekdays only.
Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)
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
Help hub, community forum, E-mail, Social media
Support Languages
1
1
Additional Information
Headquarters Location
Chicago office, 181 West Madison Street, Suite 2950, Chicago, IL 60602
Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL
Complaints (for crypto brokers)
No
No
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