This comparison overview helps individuals that battle to pick between Finq.com and Lightspeed to discover the most effective online broker for their trading and financial investment needs. It evaluates the highlights of the two brokers side-by-side to assist individuals compare their service and make an informed choice.
To aid customers choose the ideal broker in between Finq.com and Lightspeed to locate the best-suited platform, listed below is a list of broker’s advantages and disadvantages, followed by a comparison of their major trading attributes, including trading platforms & devices, fees, mobile trading, down payment & withdrawal, possessions, policy, and customer support.
Finq.com vs. Lightspeed: Summary
Finq.com is a CFD broker based in Israel. Although the broker is regulated by the FSA, it is not considered safe. Users can access 2,100 financial instruments, including CFDs on stocks, commodities, forex, ETFs, indices, cryptocurrencies, and bonds. Trading platforms are available as a web version and MT4 integration.
Finq.com trading fees are average compared to similar CFD brokers from the industry. They charge an average floating spread of 0,14 pips on EUR/USD and no commission on CFD trades. There are no additional trading or non-trading fees, such as inactivity, currency conversion, or deposit and withdrawal transaction fees.
Finq.com’s customer support is available by email (support@finq.com), live chat, and WhatsApp in Arabic and English.
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 ($100)
- Competitive spread from 0.14 pips (EUR/USD)
- No hidden fees
- Up to $4,000 welcome bonus for new traders
- $10,000 free demo account
Cons
- Limited regulation
- High minimum deposit of $100
- Lacks educational material and research resources
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 trading fees
- Compatibility with MT4 and TradingCentral
- Access to over 2,100 financial instruments
- Free demo account availability
- Fast registration and KYC on-boarding process
- 24/5 support in English and Arabic
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
Finq.com vs. Lightspeed Comparison
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Finq.com
Lightspeed
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 300:1 | 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 | $50 if no trades after 3 months | $25 if no trading in previous year |
| Cost Per Trade | 0 | $4.50 |
| Cost Per Month | 0 | Yes, depending the platform |
| Forex (EUR/USD) | 0.8 | 0 |
| Stocks & ETF | 0 | $0.0045 per share |
| CFD (Gold) | 0.3 | 0 |
| Crypto | 0 | 0 |
| Options | 0 | $0.60 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100.00 | $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 | 55 | 0 |
| CFD Indices & Funds | 50 | 0 |
| CFD Stocks | 2000 | 0 |
| CFD Commodities | 19 | 0 |
| CFD Crypto | 4 | 0 |
| CFD Bonds | 5 | 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
Finq.com vs. Lightspeed Comparison Conclusion
The results of our contrast of Finq.com vs. Lightspeed are involved the table below.
| Broker: | Best For: |
| Finq.com | CFD Trading With Welcome Bonuses |
| Lightspeed | Stocks, futures and options; High volume traders |
Choosing the best option in between Finq.com and Lightspeed can be hard. Both on the internet brokers have resemblances however differ relating to trading tools, systems & apps, guideline, down payment & withdrawals, and study and education. Picking the very best broker depends on individuals’ trading & financial investment goals, private preferences, and experience degree.x
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.