Lightspeed Trading vs Fidelity

Lightspeed Financial vs Fidelity Comparison Table 2024
Lightspeed Financial	Fidelity
Review 4.2	Review 3.5

Lightspeed Financial is a SEC-regulated broker specializing in intraday trading on US markets. Traders can access the full range of NYSE stocks plus futures and options via a wide selection of professional-grade trading platforms and discounts for loyal traders.	Fidelity is a popular financial services firm that provides investment accounts and pensions with access to thousands of stocks, ETFs and mutual funds to clients based in the US, Europe and Asia. Fees vary by asset and account country, but are generally competitive, with zero-commission trading available on US stocks.
Bonus Offer
	None
Comment by Reviewer
"High-volume day traders will benefit from Lightspeed Financial's powerful tools and fast execution speeds. The broker stands out for its 15+ high-grade trading platforms."	"Fidelity is a great match for long-term investors who want an affordable platform to build their pension or investment portfolios. The SEC and FCA oversight are also good signs that the brokerage is regulated and trustworthy."
Pros
Huge selection of deep trading platforms and tools to choose from Low fees and tight spreads for active day traders Regulated by FINRA, the CFTC and the NFA Risk-assessment software packages Full access to NYSE stocks Futures and options trading	Excellent list of stocks and funds to choose from Very competitive pricing compared to largest rivals Good list of account types to suit various types of investor Uninvested cash is automatically put into a money market fund Trusted global brand with strong regulation from SEC & FCA Tax-efficient vehicles are available including ISAs
Cons
Not suitable for beginners with a high minimum deposit of $10,000 / $25,000 Limited range of asset classes with no forex trading Trading platforms are complex for novice traders Margin trading limited to max 1:4	No forex or CFD trading There is no demo account Less suitable for short-term day trading Presentation of data is overly complicated No trading platform for non-US clients The $1000 minimum deposit for international clients is high
Awards
	Boring Money Best Buy 2021 – Pension Boring Money Best for Beginners Pension 2021 Boring Money Best for Beginners ISA 2021 Boring Money Best for Low - Cost Pension 2021 Online Personal Wealth Awards - Best Retirement Adviser 2021 Shares Awards 2020 - Best Execution-Only Stockbroker of the Year
Instruments
Equities, options, futures	ETFs, Mutual Funds, ISAs, Pensions, Stocks, Indices
Demo Account
Yes	No
Minimum Deposit
$10,000	$0
Trading Platforms
eSignal	Own
Payment Methods
	Automated Customer Account Transfer Service Credit Card Mastercard Visa Wire Transfer
Minimum Trade
Variable	£25
Regulator
FINRA, NFA	FCA, SEC
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	Yes
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	Fil Mobile App
Auto Trading
Yes
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	None
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
	USD GBP
Stock Exchanges
New York Stock Exchange	London Stock Exchange Nasdaq
Commodities
Gold Silver
Cryptocurrency
Use Lightspeed Crypto to trade BTC, ETH, BCH, LTC and USDC in pairs with USD with low commissions. On the negative side, the choice of cryptocurrencies is limited vs alternatives like eToro.	Crypto trading not offered
Spread
Floating
Coins
BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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