This contrast overview aids customers that battle to pick between Lightspeed and ThinkMarkets to locate the best online broker for their trading and financial investment needs. It analyzes the main features of the two brokers side-by-side to assist individuals compare their service and make a notified decision.
To assist individuals choose the best broker in between Lightspeed and ThinkMarkets to discover the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, adhered to by a contrast of their main trading features, consisting of trading platforms & devices, charges, mobile trading, down payment & withdrawal, properties, regulation, and client assistance.
Lightspeed vs. ThinkMarkets: 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.
ThinkMarkets is an online forex and CFD broker founded in 2010. It is regulated by 5 tier-one regulators, including the FCA, ASIC and MiFID. Users can trade on 3,500 financial instruments, including forex and CFDs on stocks, precious metals, indices, commodities, and cryptocurrencies. Their trading platforms include a proprietary platform (ThinkTrader), MetaTrader 4, and MetaTrader 5.
ThinkMarkets trading fees are average compared to other similar brokers from the industry. They charge 0% commission on stocks and CFDs and spreads from 0.4 pips (EUR/USD). ThinkMarkets also charges inactivity fees of $25/month.
ThinkMarket’s customer support is available through email (support@thinkmarkets.com), phone (+357 252 62149), and live chat in Arabic and English.
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 ($0)
- Commission-free stock and CFD trading and $0,25 futures contracts
- MT4 and MT5 integration
- Wide range of educational materials
- Islamic swap-free, and zero spread accounts
Cons
- Spreads on forex are relatively high compared to other brokers
- Inactivity fees
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
- Commission-free stock and CFD trading (3,500+ assets)
- Compatible with the full MetaTrader suite (4 & 5)
- Regulated by multiple bodies (FCA, ASIC, FSCA, FSA, CySEC, and JFSA)
- Wide range of educational resources available
- Free VPS Server access
Lightspeed vs. ThinkMarkets Comparison
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Lightspeed
ThinkMarkets
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 6:1 | 2000:1 |
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 | $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 | 1.1 |
Stocks & ETF | $0.0045 per share | 0 |
CFD (Gold) | 0 | 1.9 |
Crypto | 0 | 0 |
Options | $0.60 per contract | 0 |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $10,000.00 | $0.00 |
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 |
Forex Instruments | 0 | 48 |
CFD Indices & Funds | 0 | 381 |
CFD Stocks | 0 | 3548 |
CFD Commodities | 0 | 15 |
CFD Crypto | 0 | 27 |
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. ThinkMarkets Comparison Conclusion
The results of our comparison of Lightspeed vs. ThinkMarkets are involved the table listed below.
Broker: | Best For: |
Lightspeed | Stocks, futures and options; High volume traders |
ThinkMarkets | Forex and CFDs on Stocks |
Selecting the appropriate selection between Lightspeed and ThinkMarkets can be hard. Both online brokers have similarities however vary regarding trading tools, systems & applications, guideline, deposit & withdrawals, and research and education. Selecting the very best broker relies on users’ trading & financial investment goals, individual 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.