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Lightspeed vs Saxo Bank : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Lightspeed
Saxo Bank
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
STP broker
Years of Existence / Established Year
2005
1992
Customer Base / Number of Accounts
No information
1 million+ clients
Regulation & Security
Regulations (governing bodies)
FINRA, SEC
FSA, FCA, MAS, JFSA, SFC, ASIC, DFSA, FINMA, MiFID
Awards Won (count for the last 2 years)
No major awards listed
Best Prime-of-Prime Broker 2024, Best Trading Platform 2024, Best Forex Broker 2024, Best CFD Broker 2023 and Best DMA/Professional Trading Account 2023
Security Measures
SIPC
Danish Depositor and Investor Guarantee Scheme DGS upto EUR 100,000 per depositor
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
over 71,000 financial instruments including Turbos
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
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
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
Saxo investor, SaxoTrader GO, SaxoTrader PRO
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
Saxo account, Joint account, Corporate account, Professional account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$2,000
$0
Leverage Available
4:1 to 2:1
1:50-1:100
Trade Limit (maximum per trade)
Depends on asset class
Depends on the assets class
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
Beginners to experienced traders
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, ACH, account transfer, Check
VAN bank transfer, Bank transfer, Telegraphic transfer, Credit/ debit card
Withdrawal Methods
Wire transfer, ACH, account transfer,Check
Telegraphic Transfer, MEPS
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
Saxo Academy Trading Education, Market Analysis and Insights, Webinars, Trading Strategies and Ideas, Saxo TV Market News and Analysis
Fees & Commissions
Trading-Related Fees
ETFs- $2, Share- $0.001, Future option fee- $1.29
Stocks - $1, ETFs-$1, Bonds- 0.05%, Mutual funds- $0, Spread on Major forex pairs- from 0.7 to 0.9 pips
Spread (typical, fixed, variable)
NA
Variable
Per Lot Fees
NA
NA
Options Contract Fees
$0.20
$0.75
Futures Contract Fees
NA
$1
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
4:1
1:1000
Non-Trading Fees
Dormant Fees
$25 monthly minimum
$0
Subscription Fees (for premium features, data feeds)
$130
100 EUR per ISIN
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
Plus or minus 0.25%
Currency Conversion Fee
$10
$0
Withdrawal Fee
$20 fee for domestic wires and a $50 fee for international wires, Check standard time- free or overnight $30
$0 bank fees may apply
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
4 AM to 8 PM EST on weekdays only.
Varies by instrument
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
Phone: +33 1 78 94 56 40, +44 (0)207 151 2100, +39 02 3668 2929, +31 (0)20 225 5900, +41 58 317 95 00. E-mail: [email protected], Live chat
Support Languages
1
24+
Additional Information
Headquarters Location
Chicago office, 181 West Madison Street, Suite 2950, Chicago, IL 60602
Copenhagen, Denmark
Complaints (for crypto brokers)
No
No
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