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

Broker Name

Lightspeed

Lightspeed

VS
MEXEM

MEXEM

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Broker Overview

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

STP broker

STP

Years of Existence / Established Year

2005

2018

Customer Base / Number of Accounts

No information

Info not available


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

Cysec AFM FSMA

Awards Won (count for the last 2 years)

No major awards listed

No major awards listed

Security Measures

SIPC

ICCL

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

150 + trading assets Warrant

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

No

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

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

Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs

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

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$2,000

$0

Leverage Available

4:1 to 2:1

NA

Trade Limit (maximum per trade)

Depends on asset class

Varies for each product

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 only


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

Bank Transfer

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

Bank Transfer

Other E-Wallets Supported

No

No


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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

Practical tutorials on using TWS trader workstatioin Video tutorials


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Fees & Commissions

Trading-Related Fees

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

FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency

Spread (typical, fixed, variable)

NA

NA

Per Lot Fees

NA

NA

Options Contract Fees

$0.20

0.65% per contract

Futures Contract Fees

NA

0.85% per contract

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

4:1

NA


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Non-Trading Fees

Dormant Fees

$25 monthly minimum

NA

Subscription Fees (for premium features, data feeds)

$130

NA

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

NA

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

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$10

0.05%

Withdrawal Fee

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

First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

4 AM to 8 PM EST on weekdays only.

Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed


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Customer Support

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

24/7

Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.

Customer Support Methods (phone, email, live chat)

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

Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]

Support Languages

1

10+


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Additional Information

Headquarters Location

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

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

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, MEXEM offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
If speed and simplicity matter to you, Lightspeed delivers a streamlined account setup. In contrast, MEXEM includes more documentation and KYC checks, which can delay access but ensures strong compliance.
Lightspeed excels in real-time trade execution with minimal latency, whereas MEXEM complements its execution with strong analytical modules and educational support within the platform.
Lightspeed strength lies in high-performance trading, while MEXEM provides a more accessible route for everyday investors.