TradingCritique

Select Your Brokers to Compare

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

Broker Name

Lightspeed

Lightspeed

VS
Venom Trading

Venom Trading

Icon

Broker Overview

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

STP broker

ECN

Years of Existence / Established Year

2005

2004

Customer Base / Number of Accounts

No information

Info not available


Icon

Regulation & Security

Regulations (governing bodies)

FINRA, SEC

FINRA NFA SIPC

Awards Won (count for the last 2 years)

No major awards listed

Best in class for professional trading by stockbrokers.com

Security Measures

SIPC

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

No

Negative Balance Protection

No

No


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Commodity futures

-

Currency Pairs

No

Yes

Commodities

No

No

Indices

No

No

Cryptocurrencies

No

No

CFDs

No

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

No

Yes

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

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Light speed trader, Web and mobile trading, Speciality trading platform, Future trading platform, Risk management Software

Venom mobile Venom desktop Venom web

Platform Compatibility (Windows, Mac, iOS, Android)

Yes except Mac, iOS, Android

Yes except Mac


Icon

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

Individual account IRA account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$2,000

$5,000

Leverage Available

4:1 to 2:1

1:4

Trade Limit (maximum per trade)

Depends on asset class

Trade size vary on each asset

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

NA

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

Active traders, professionals, and institutional traders

Experienced


Icon

Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

Wire transfer ACH transfer Online bill pay

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

ACATS DWAC DRS

Other E-Wallets Supported

No

No


Icon

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

Short videos & courses Recorded webinars


Icon

Fees & Commissions

Trading-Related Fees

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

Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract

Spread (typical, fixed, variable)

NA

Typical

Per Lot Fees

NA

NA

Options Contract Fees

$0.20

$0.75 per contract

Futures Contract Fees

NA

$1.25 per contract per side

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

4:1

1:4


Icon

Non-Trading Fees

Dormant Fees

$25 monthly minimum

NA

Subscription Fees (for premium features, data feeds)

$130

$0

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

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

IRA - $7.5 quarterly fee

Deposit Fee

$0

$0

Currency Conversion Fee

$10

Vary for different exchanges

Withdrawal Fee

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

Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

4 AM to 8 PM EST on weekdays only.

Monday to Friday - 7am to 4.30pm CST


Icon

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/5 weekday customer service

Customer Support Methods (phone, email, live chat)

E-mail: [email protected], Phone: 1-888-577-3123 , 1-646-393-4800, Schedule a call

Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]

Support Languages

1

1


Icon

Additional Information

Headquarters Location

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

3008 E. Hebron Pkwy Building 400, Carrolton TX 75010

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 stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Venom Trading offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Creating an account with Lightspeed is generally faster and more user-friendly, often taking just a few minutes, while Venom Trading requires more detailed steps and identity verification, which may suit more cautious investors.
New traders may find Lightspeed interface more welcoming, while Venom Trading appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
Lightspeed delivers a robust ecosystem for seasoned traders, whereas Venom Trading focuses on ease of access and modern usability.