This contrast overview aids customers who battle to select between CMC Markets and Lightspeed to locate the most effective online broker for their trading and financial investment demands. It evaluates the main features of both brokers side by side to help individuals contrast their service and make a notified choice.
To assist customers choose the best broker in between CMC Markets and Lightspeed to find the best-suited system, listed below is a list of broker’s advantages and disadvantages, complied with by a contrast of their main trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, properties, law, and customer assistance.
CMC Markets vs. Lightspeed: Summary
CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.
CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.
CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.
CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).
Lightspeed is a globally operating online broker regulated by FINRA. They offer users access to 6,000 stocks, options, and futures. Their trading platforms ( LightSpeed Trader, LightSpeed Web & Mobile, and Sterling Trader Pro) offer advanced trading and charting tools including level 2 trading and dynamic charting, LiveVolX and Eze EMS.
Lightspeed offers low per-share and per-contract fees for high volume traders. The minimum deposit requirement at Lightspeed is $10,000 or $25,000.
Lightspeed’s customer support is available 24/7 through email, live chat, and phone in English language.
Pros
- Low minimum deposit ($0)
- Low average spreads from 0.73 pips EUR/USD
- Fast and reliable trade execution
- Great research tools and educational materials
- Bonus and rebate program
Cons
- High stock trading fees
- Customer service availability is limited (24/5)
Pros
- Great choice of different trading platforms
- Wide range of stocks, options and features
- Responsive customer support
- Competitive pricing on higher volume
Cons
- High minimum deposit requirement
Key features
- Competitive forex spreads
- MT4 Compatibility
- Access to 338 forex pairs and 9,000 shares
- Comprehensive market research tools
- Beginners and advanced trading features
- Competitive pricing
Key features
- Access to over 10,000 different stocks, ETFs, options, and futures
- Trading fee discounts for active stock and ETF traders
- Broad range of risk management tools and third-party software
- Extensive education section with live webinars, trading courses, and and blog
- Level 2 order book information and dynamic charting features
- Fast order routing
CMC Markets vs. Lightspeed Comparison
Select up to 3 Brokers
CMC Markets
Lightspeed
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 6:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | $50 per transaction |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $25 if no trading in previous year | |
| Cost Per Trade | 0 | $4.50 |
| Cost Per Month | £10 | Yes, depending the platform |
| Forex (EUR/USD) | 0.7 pips | 0 |
| Stocks & ETF | 0 | $0.0045 per share |
| CFD (Gold) | 3.4 pips | 0 |
| Crypto | 0 | 0 |
| Options | 0 | $0.60 per contract |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $10,000.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 4 markets |
| ETF & Funds | 0 | 4 markets |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 8 markets |
| Futures | 0 | 9 markets |
| Bonds | 0 | 0 |
| Forex Instruments | 330 | 0 |
| CFD Indices & Funds | 98 | 0 |
| CFD Stocks | 9500 | 0 |
| CFD Commodities | 100 | 0 |
| CFD Crypto | 0 | 0 |
| CFD Bonds | 50 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
CMC Markets vs. Lightspeed Comparison Conclusion
The results of our comparison of CMC Markets vs. Lightspeed are wrapped up in the table below.
| Broker: | Best For: |
| CMC Markets | Forex and CFDs |
| Lightspeed | Stocks, futures and options; High volume traders |
Selecting the best option in between CMC Markets and Lightspeed can be hard. Both on-line brokers have similarities however differ relating to trading instruments, systems & applications, regulation, down payment & withdrawals, and research and education. Picking the most effective broker depends upon users’ trading & investment goals, specific choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.