Lightspeed vs. Skilling Comparison

This comparison guide helps individuals who have a hard time to choose between Lightspeed and Skilling to find the best online broker for their trading and financial investment demands. It assesses the highlights of the two brokers alongside to assist customers contrast their service and make a notified choice.

To assist users pick the right broker between Lightspeed and Skilling to find the best-suited system, below is a list of broker’s benefits and drawbacks, followed by a contrast of their main trading attributes, including trading systems & tools, fees, mobile trading, down payment & withdrawal, properties, law, and consumer assistance.

Lightspeed vs. Skilling: Summary

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.

skilling-logo

Skilling is a multi-asset online broker headquartered in Cyprus. It is regulated by two tier-one regulators (the CySEC and FSA) and is therefore considered safe. Their users can trade on over 1,200 symbols, including forex, cryptocurrencies, shares, indices and commodities.

Skilling offers a proprietary platform (Trader) and a wide range of third-party plugins, including cTrader and MetaTrader 4. Skilling’s trading fees are average compared to similar brokers in the industry.

They charge a 0.1% taker fee on cryptocurrencies and spreads of 0.7 pips on EUR/USD. Skilling charges currency conversion and inactivity fees of 10 EUR/month after 12 months of account inactivity. Users have one free withdrawal per month.

Skilling’s customer service is available through a contact form, live chat, and phone (+44 208 080 6555). Additionally, users can find helpful information in the broker’s Help Centre

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)
  • 0% Commissions on global stocks CFDs
  • Wide range of trading platforms (proprietary, cTrader, and MetaTrader 4)
  • Social Copy Trading platform availability
  • Cryptocurrency trading and investing opportunities

Cons

  • Max. leverage on cryptocurrency only 1:2
  • High spreads on standard and non-professional accounts
  • Lacks educational and research material

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

  • 1,200+ financial instruments across 7 asset classes
  • Multiple trading platforms
  • Commission-free stock CFD trading
  • Set-and-forget copy trading services
  • A broad range of payment methods
  • Cryptocurrency trading and investing

Lightspeed vs. Skilling Comparison

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BROKER COMPARISON

lightspeed-logo
skilling-logo

Overall rating

4,0/5

3,9/5

Overall rating

4,0/5

3,9/5

Trading Platform & Tools

3.8

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 6:1 1000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.1

3.8

See details
Withdrawal Fee $50 per transaction 0
Deposit Fee 0 0
Inactivity Fee $25 if no trading in previous year 0
Cost Per Trade $4.50 0
Cost Per Month Yes, depending the platform 0
Forex (EUR/USD) 0 0.7
Stocks & ETF $0.0045 per share 0
CFD (Gold) 0 4.5
Crypto 0 0
Options $0.60 per contract 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.9

4.4

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

4.0

See details
Minimum deposit (in UAE) $10,000.00 $100.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.1

2.8

See details
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
Forex 0 73
CFD Indices & Funds 0 18
CFD Stocks 0 760
CFD Commodities 0 6
CFD Crypto 0 50
CFD Bonds 0 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

4.2

3.0

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

Customer Support

4.2

4.0

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

Winner

Lightspeed vs. Skilling Comparison Conclusion

The outcomes of our comparison of Lightspeed vs. Skilling are involved the table below.

Broker:Best For:
LightspeedStocks, futures and options; High volume traders
SkillingForex, CFD & Copy Trading

Selecting the best selection in between Lightspeed and Skilling can be tough. Both on the internet brokers have similarities yet vary regarding trading tools, platforms & apps, law, down payment & withdrawals, and study and education. Choosing the best broker depends upon customers’ trading & financial investment goals, private choices, 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.

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