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

Broker Name

Lightspeed

Lightspeed

VS
Pepperstone

Pepperstone

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Broker Overview

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

STP broker

ECN broker

Years of Existence / Established Year

2005

2010

Customer Base / Number of Accounts

No information

400,000 traders


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB

Awards Won (count for the last 2 years)

No major awards listed

2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023

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

1200+ trading assets including shares, currencies indices

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

No

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

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

Pepperstone proprietary platform

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 and Razor 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

1:20 to 1:500

Trade Limit (maximum per trade)

Depends on asset class

100 lots trading size

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

Razor account - $3, Standard account -$0

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

Active traders, professionals, and institutional traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

Credit/debit card, Bank transfer, e-wallets, Union pay, USDT

Other E-Wallets Supported

No

Neteller,skrill, 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

Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, The Daily Fix Market News and Analysis, Pepperstone Blog Trading Insights


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Fees & Commissions

Trading-Related Fees

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

Spread-1.2 pips

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

Razor account: $3.50 per lot, Raw account: $7 per lot, cTrader:$6 round trip per unit, TradingView: $7 roundtrip per unit

Options Contract Fees

$0.20

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

1 pip on FX pairs

Guaranteed Stop Loss Fees

NA

Charges apply

Maximum Leverage

4:1

1:500


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Non-Trading Fees

Dormant Fees

$25 monthly minimum

$0

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

$0

Currency Conversion Fee

$10

Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78

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.

VIX 00:01 - 23:59 (Opens Monday 01:00; Friday close 23:55), NAS100 01:00 - 23:15, 23:30 - 23:59 (Closes Friday 23:55), HK Share CFDs 4:30-7:00, 8:00-11:00, US Share CFDs 16:31 - 22:55


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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: +1786 628 1209, Email: [email protected], Live chat

Support Languages

1

8+


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Additional Information

Headquarters Location

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

Melbourne, 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.
While Lightspeed maintains low trading fees with no minimum deposit, Pepperstone includes some charges for premium features and certain asset trades, making Lightspeed the better option for budget-focused traders.
Creating an account with Lightspeed is generally faster and more user-friendly, often taking just a few minutes, while Pepperstone requires more detailed steps and identity verification, which may suit more cautious investors.
While Lightspeed focuses on mobile-first design and clean user experience, Pepperstone includes features like in-depth charting, integrated news feeds, and strong desktop performance.
Lightspeed delivers a robust ecosystem for seasoned traders, whereas Pepperstone focuses on ease of access and modern usability.