This contrast overview assists customers that have a hard time to select in between Lightspeed and Plus500 to find the best online broker for their trading and investment demands. It analyzes the highlights of the two brokers side by side to assist users contrast their service and make an informed decision.
To aid individuals pick the best broker in between Lightspeed and Plus500 to locate the best-suited system, below is a list of broker’s benefits and drawbacks, adhered to by a comparison of their main trading attributes, including trading systems & devices, charges, mobile trading, deposit & withdrawal, assets, law, and customer support.
Lightspeed vs. Plus500: Summary
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.
Plus500 is a reputable CFD online broker licensed by the DFSA(F005651). They offer access to a wide range of assets including 2,800 CFDs on stocks & ETFs, cryptos, futures, forex, commodities, and indices. The Plus500 trading platform offers basic trading tools including Technical analysis charts, real-time quotes, quick buy and sell options from the same window and 3 order different types (market, limit stop order).
Plus500 trading fees are average compared to similar forex and CFD brokers. They charge an average spread of 0.8 pips (EUR/USD) without any commission. Plus500 charges non trading fees in the form of overnight fees, currency conversion fees, guaranteed stop order fees, and inactivity fees.
Plus500’s customer service is available 24/7 (even during the weekends and holidays) by phone, email, WhatsApp, and live chat.
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
Pros
- Low minimum deposit ($100)
- Competitive spread of 0.8 pips EUR/USD
- Multiple order types and technical indicators
- Excellent customer service
- Negative balance protection
- Intuitive mobile trading app
Cons
- Relatively high fees compared to other brokers
- Limited markets
- Limited charting tools and features
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
Key features
- Access to 3,000 CFDs
- Beginner-friendly demo account and educational resources
- Low, floating spreads from 0.8 pips EUR/USD
- Advanced (conditional) order types available such as GSOs and TSOs
- Free unlimited demo paper trading account
- Fast account opening
Lightspeed vs. Plus500 Comparison
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Lightspeed
Plus500
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 6:1 | 1:30 |
| 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 | $50 per transaction | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $25 if no trading in previous year | $10 |
| Cost Per Trade | $4.50 | 0 |
| Cost Per Month | Yes, depending the platform | 0 |
| Forex (EUR/USD) | 0 | 0.8 pips |
| Stocks & ETF | $0.0045 per share | 0 |
| CFD (Gold) | 0 | 7.2 pips |
| Crypto | 0 | 0 |
| Options | $0.60 per contract | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10,000.00 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 4 markets | 0 |
| ETF & Funds | 4 markets | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 8 markets | 0 |
| Futures | 9 markets | 0 |
| Bonds | 0 | 0 |
| CFDs on Forex Instruments | 0 | 60 |
| CFD Indices & Funds | 0 | 430 |
| CFD Stocks | 0 | 1000 |
| CFD Commodities | 0 | 22 |
| CFD Crypto | 0 | 0 |
| CFD Bonds | 0 | 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
Lightspeed vs. Plus500 Comparison Conclusion
The outcomes of our comparison of Lightspeed vs. Plus500 are wrapped up in the table listed below.
| Broker: | Best For: |
| Lightspeed | Stocks, futures and options; High volume traders |
| Plus500 | CFD trading and investing |
Choosing the best option in between Lightspeed and Plus500 can be tough. Both on-line brokers have resemblances yet vary relating to trading instruments, systems & applications, guideline, deposit & withdrawals, and research study and education and learning. Choosing the most effective broker relies on customers’ trading & investment objectives, private preferences, and experience degree.
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.