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Lightspeed vs Oanda : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Lightspeed
Oanda
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
Market maker
Years of Existence / Established Year
2005
1996
Customer Base / Number of Accounts
No information
50M
Regulation & Security
Regulations (governing bodies)
FINRA, SEC
CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI
Awards Won (count for the last 2 years)
No major awards listed
Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022
Security Measures
SIPC
SIPC
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
68+ major currency pairs
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
No
Yes
Cryptocurrencies
No
Yes
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
Yes
Bonds
No
Yes
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
No
cTrader
No
No
Social Trading
No
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
Oanda Mobile and Tablet apps
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
Standard account Corporate account Professional trading account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$2,000
$0
Leverage Available
4:1 to 2:1
50:1
Trade Limit (maximum per trade)
Depends on asset class
Varies by instrument
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
Standard - $50/M Premium - $50/M Premium Plus - $40/M
Best Suited For (e.g., beginners, experienced traders)
Active traders, professionals, and institutional traders
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, ACH, account transfer, Check
Bank Wire Transfer ACH Debit card
Withdrawal Methods
Wire transfer, ACH, account transfer,Check
Debit card Bank Wire transfer
Other E-Wallets Supported
No
No
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
Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators
Fees & Commissions
Trading-Related Fees
ETFs- $2, Share- $0.001, Future option fee- $1.29
Spread starts from 0.0, commission- $30 per 1M
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
50:1
Non-Trading Fees
Dormant Fees
$25 monthly minimum
10 units of the currency for inactivity atleast 12 months.
Subscription Fees (for premium features, data feeds)
$130
$0
Advisory Fees
NA
$0
Swap Fees (Overnight Financing)
Yes
Vary on instruments and change on a daily basis
Statement or Document Fee
$15 - $50 per month
$0
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
0.50%
Withdrawal Fee
$20 fee for domestic wires and a $50 fee for international wires, Check standard time- free or overnight $30
USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
4 AM to 8 PM EST on weekdays only.
All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24x5
Customer Support Methods (phone, email, live chat)
E-mail: [email protected], Phone: 1-888-577-3123 , 1-646-393-4800, Schedule a call
Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607
Support Languages
1
4
Additional Information
Headquarters Location
Chicago office, 181 West Madison Street, Suite 2950, Chicago, IL 60602
Dashwood House 64, Old Broad Street London EC2M 1QS
Complaints (for crypto brokers)
No
No
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