Lightspeed vs. XM Comparison

This contrast guide aids users that battle to select in between Lightspeed and XM to find the best online broker for their trading and investment needs. It analyzes the highlights of both brokers side-by-side to help customers contrast their service and make an informed decision.

To aid customers select the right broker between Lightspeed and XM to locate the best-suited system, below is a list of broker’s pros and cons, adhered to by a contrast of their primary trading functions, consisting of trading platforms & tools, fees, mobile trading, down payment & withdrawal, assets, policy, and client assistance.

Lightspeed vs. XM: 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.

XM logo

XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

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

  • Very good customer support
  • Very competitive trading fees
  • Good choice of different trading platforms

Cons

  • Could have more deposit and withdrawal options

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 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software

Lightspeed vs. XM Comparison

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XM logo

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BROKER COMPARISON

lightspeed-logo
XM logo

Overall rating

4,0/5

4,1/5

Overall rating

4,0/5

4,1/5

Trading Platform & Tools

3.8

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 6:1 1:888
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

4.1

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 1.6 pips
Stocks & ETF $0.0045 per share 0,1% – (min $5)
CFD (Gold) 0 3 pips
Crypto 0
Options $0.60 per contract 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.9

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

3.8

See details
Minimum deposit (in UAE) $10,000.00 $5
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 100
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 55
CFD Indices & Funds 0 14
CFD Stocks 0 1286
CFD Commodities 0 14
CFD Crypto 0 5
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

5.0

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

Customer Support

4.2

4.5

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

Winner

Lightspeed vs. XM Comparison Conclusion

The outcomes of our contrast of Lightspeed vs. XM are wrapped up in the table listed below.

Broker:Best For:
LightspeedStocks, futures and options; High volume traders
XMResearch & Education

Choosing the right selection between Lightspeed and XM can be difficult. Both on-line brokers have resemblances however vary relating to trading tools, platforms & apps, law, deposit & withdrawals, and research and education. 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.

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