Lightspeed Trading vs FXGM

Lightspeed Financial vs FXGM Comparison Table 2024
Lightspeed Financial FXGM
4.2
FXGM has closed.

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.

FXGM offers live trading accounts on its proprietary PROfit platform.

Customer Reviews
5
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."
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
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
Instruments
Equities, options, futures Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, synthetic derivatives
Demo Account
Yes No
Minimum Deposit
$10,000 $200
Trading Platforms
  • eSignal
  • Own
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FINRA, NFA CySEC, FSCA
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 No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade online CFDs to invest in the financial markets without owning underlying assets.
Leverage
1:200 (ZA), 1:30 (EU)
FTSE Spread
6
GBPUSD Spread
0.3
Oil Spread
0.06
Stocks Spread
Variable
Forex Trading
Forex trading not offered Trade online currencies with competitive spreads and up to 1:200 leverage.
GBPUSD Spread
0.3
EURUSD Spread
0.3
EURGBP Spread
0.3
Assets
47
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. Trade top crypto cross pairs at FXGM.
Spread
Floating Floating
Coins
  • BTC
  • BTC
  • ETH
  • LTC
  • XRP
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXGM has closed.
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