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

Broker Name

Lightspeed

Lightspeed

VS
FXCM

FXCM

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Broker Overview

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

STP broker

Market maker

Years of Existence / Established Year

2005

1999

Customer Base / Number of Accounts

No information

No information


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

FCA, CySEC, ASIC, FSCA, ISA

Awards Won (count for the last 2 years)

No major awards listed

Best In Class 2024 - ForexBrokers.com

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

10,000+ trading instruments shares

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

No

Futures

Yes

No

Bonds

No

No

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

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

Trading station, Trading View Pro

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, Active trading, Spread betting, Professional

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$2,000

$50

Leverage Available

4:1 to 2:1

30:1 to 1000:1

Trade Limit (maximum per trade)

Depends on asset class

50 million per trade

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

$ 4 / lot

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

Active traders, professionals, and institutional traders

Active and experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

Debit/Credit Card Via mobile app, Bank wire, China online payment, Crypto

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

Debit/Credit Card, Bank Wire, Local Bank Transfer, and Online Bank Transfer.

Other E-Wallets Supported

No

Skrill, Neteller, Google pay, Apple pay


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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

Education, Trading Guides, Trading Tools, Research


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Fees & Commissions

Trading-Related Fees

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

Spread- 1.3 pips

Spread (typical, fixed, variable)

NA

Typical

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

1000:1


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Non-Trading Fees

Dormant Fees

$25 monthly minimum

$50

Subscription Fees (for premium features, data feeds)

$130

NA

Advisory Fees

NA

$30

Swap Fees (Overnight Financing)

Yes

No

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

$25

Deposit Fee

$0

$0

Currency Conversion Fee

$10

$0

Withdrawal Fee

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

$0


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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 product


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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

WhatsApp: +44 7537 432259 (message only), Email: [email protected], Live chat, Request a call

Support Languages

1

7


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Additional Information

Headquarters Location

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

London, United Kingdom

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, FXCM fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
While Lightspeed prioritizes fast registration with minimal steps, FXCM focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
While Lightspeed focuses on mobile-first design and clean user experience, FXCM includes features like in-depth charting, integrated news feeds, and strong desktop performance.
For market veterans, Lightspeed brings the tools they need. New investors might find FXCM more approachable and cost-effective.