IC Markets vs. Lightspeed Comparison

This contrast guide assists users that struggle to pick in between IC Markets and Lightspeed to find the best online broker for their trading and financial investment requirements. It analyzes the main features of the two brokers side by side to aid individuals contrast their solution and make a notified choice.

To assist customers pick the best broker between IC Markets and Lightspeed to discover the best-suited system, below is a checklist of broker’s benefits and drawbacks, adhered to by a comparison of their main trading features, consisting of trading systems & tools, costs, mobile trading, deposit & withdrawal, assets, law, and consumer support.

IC Markets vs. Lightspeed: Summary

IC Markets logo

IC Markets is a reputable forex and CFD broker regulated by two tier-one regulators (the ASIC and CySEC). They allow users to trade on over 3,500 symbols including 61 forex pairs and dozens of CFDs on cryptocurrencies, shares and indices.

IC Markets features multiple trading platforms and third party plugins including MetaTrader 4 (MT4), MetaTrade 5 (MT5), cTrader, myfxbook and AutoTrade. They also offer scalable order execution options without requotes and possibilities to place trades within the spread, which makes IC Markets an interesting choice for algorithmic traders.

IC Markets trading fees are among the lowest in the industry. They charge an average spread of 0.2 pips (EUR/USD) without extra commission. They also offer discounts to active traders with a trade volume above 100 lots/month.

IC Markets customer service is available by email, phone, and live chat in English, Arabic, and several other languages.

lightspeed-logo

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

  • MT4, MT5 and cTrader integration
  • Competitive spreads from 0,0 pips EUR/USD
  • Copy trading features (DupliTrade and Zulutrade)
  • Up to 1:500 leverage
  • Free Equinix NY4 VPS server

Cons

  • Limited educational material
  • Limited availability of assets
  • No research and analysis tools

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

  • Access to over 2,000 CFDs on forex, cryptos and stocks
  • Compatible with MT4, MT5 and cTrader
  • Islamic swap-free account availability
  • Raw spreads from 0,0 pips EUR/USD
  • Fast and reliable trade execution
  • Access to Expert Advisors (EA’s) and other forms of automated trading

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

IC Markets vs. Lightspeed Comparison

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IC Markets logo

IC Markets

Open account Read review

73.59% of retail CFD accounts lose money

BROKER COMPARISON

IC Markets logo
lightspeed-logo

Overall rating

4,5/5

4,0/5

Overall rating

4,5/5

4,0/5

Trading Platform & Tools

4.4

3.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:500 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

4.7

4.1

See details
Withdrawal Fee 0 $50 per transaction
Deposit Fee 0 0
Inactivity Fee 0 $25 if no trading in previous year
Cost Per Trade $3.5 per lot $4.50
Cost Per Month 0 Yes, depending the platform
Forex (EUR/USD) 0 0
Stocks & ETF 0 $0.0045 per share
CFD (Gold) 0 0
Crypto 0 0
Options 0 $0.60 per contract
Conversion Fees 0
Misc. Fees 0
Overnight Fees 0

Mobile Trading

5.0

3.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.8

3.0

See details
Minimum deposit (in UAE) $200 $10,000.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.6

4.1

See details
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 61 0
CFD Indices & Funds 25 0
CFD Stocks 730 0
CFD Commodities 22 0
CFD Crypto 18 0
CFD Bonds 11 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.8

4.2

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.7

4.2

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

IC Markets vs. Lightspeed Comparison Conclusion

The outcomes of our contrast of IC Markets vs. Lightspeed are wrapped up in the table below.

Broker:Best For:
IC MarketsForex and CFDs; Algorithmic Trading
LightspeedStocks, futures and options; High volume traders

Picking the best selection in between IC Markets and Lightspeed can be tough. Both on the internet brokers have similarities but vary pertaining to trading instruments, platforms & apps, policy, down payment & withdrawals, and research study and education. Choosing the very best broker depends on customers’ trading & investment objectives, 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.

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