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

Broker Name

Lightspeed

Lightspeed

VS
Trade Nation

Trade Nation

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Broker Overview

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

STP broker

Market maker

Years of Existence / Established Year

2005

2014

Customer Base / Number of Accounts

No information

No information


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

FCA, ASIC, FSA, SCB, and FSCA

Awards Won (count for the last 2 years)

No major awards listed

Best Global MT4 broker, Best Trading Platform 2023, Best Spread Betting Provider 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

1000+ assets types

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

Yes

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

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

TN trader

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 Professional

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$2,000

$0

Leverage Available

4:1 to 2:1

1:5 to 1:200

Trade Limit (maximum per trade)

Depends on asset class

Depends on asset types

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

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods

Other E-Wallets Supported

No

Skrill, Neteller, Crypto, Grab Pay, M Pesa


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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 Academy Online Courses, Market Insights and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Blog Market News and Updates


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Fees & Commissions

Trading-Related Fees

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

Commission-$0

Spread (typical, fixed, variable)

NA

Fixed

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

1:200


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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

NA

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.

Forex- 24 hours a day, five days a week, Stocks- Monday through Friday from 9:30 a.m. to 4 p.m. ET, typically closed on weekends and U.S. national holidays


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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

Email: [email protected], Phone: +44 (0) 203 180 5952, Live chat

Support Languages

1

19+


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Additional Information

Headquarters Location

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

9th Floor, 30 Crown Place, London, EC2A 4ES, 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, Trade Nation fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
New users will likely find Lightspeed sign-up process more intuitive. Meanwhile, Trade Nation takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
If you're trading on-the-go, Lightspeed mobile platform is fluid and intuitive. Trade Nation desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Lightspeed strength lies in high-performance trading, while Trade Nation provides a more accessible route for everyday investors.