Lightspeed Trading vs LiteForex Europe

Lightspeed Financial vs LiteForex Europe Comparison Table 2024
Lightspeed Financial LiteForex Europe
4.2
3.7

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.

LiteForex Europe is a CFD broker established in 2008 and authorized by the CySEC. The brokerage offers forex, commodities and indices via the MT4 and MT5 platforms. Spreads are ultra tight on ECN accounts and leverage is available up to 1:30 in line with EU regulations. LiteForex also offers a rich education centre for new day traders and social trading capabilities.

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." "LiteForex is a good option for active day traders with variable spreads from 0.0 pips, daily analysis and high-quality training guides. The forex copy system also lets you duplicate the positions of experienced traders."
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
  • LiteForex has been established for 15+ years and is regulated by a trusted regulator, CySEC
  • Fast ECN execution model with low spreads from 0.0 pips
  • A proprietary copy trading system is available which allows you to copy other trading patterns
  • Low $50 minimum deposit makes LiteForex accessible for beginners
  • There's a comprehensive analytics portal by Claws&Horns, which offers video reviews, expert insights and short-term trading signals
  • LiteForex offers a range of proprietary mobile app tools which are ideal for traders who want to analyze the markets on the go
  • The broker offers a VPS server for experience day traders looking to run their auto strategies continuously
  • LiteForex offers a client-oriented approach, with personal manager assigned to each trader and 24/5 multilingual customer support
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
  • Fees are fairly high, with spreads starting from 2.0 pips in the Classic account and $10 forex commissions in the ECN account
  • Cryptocurrency trading is not offered
  • There are limited funding methods compared to other brands
  • There is no swap-free trading account for Muslim day traders
  • The range of day trading markets is limited compared to alternatives, with no share CFDs offered
Instruments
Equities, options, futures CFDs, Forex, Indices, Commodities
Demo Account
Yes Yes
Minimum Deposit
$10,000 $50
Trading Platforms
  • eSignal
  • MT4
  • MT5
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FINRA, NFA CySEC
Margin Trading
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
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 iOS & Android
App Review

LiteForex’s app stands out for its simplicity, ideal for newcomers, despite the slower chart loading times we’ve observed. Its extensive range of technical analysis tools and user-friendly copy trading feature, allowing easy selection of signal providers and investment amounts with just a couple of clicks, more than compensates for any minor drawbacks, making it a comprehensive solution for aspiring traders.

Android App Rating
4.1
iOS App Rating
3.4
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
The LiteForex copy trading system is available to all clients and allows users to replicate positions and strategies in their own accounts. Simply choose a trader using the broker's rating system, make a deposit and decide on an investment term.
Social Trading
No Yes
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
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered LiteForex offers leveraged CFDs on popular asset classes, including currencies, commodities and indices. Traders can choose between the ECN and Classic account depending on their strategy alongside an accessible starting deposit and leading trading software from MetaTrader.
Leverage
1:30
FTSE Spread
0.7
GBPUSD Spread
0.3
Oil Spread
2.2
Stocks Spread
N/A
Forex Trading
Forex trading not offered LiteForex Europe is a great option for forex traders with dozens of currencies, low spreads from 0 and a VPS for automated trading strategies. We also rate the daily market insights and forex tutorials for beginners.
Forex App

Liteforex deliver a sophisticated mobile offering, with full functionality across the major mobile operating systems. All applications and their contents are supported in more than 8 languages and are constantly updated.

GBPUSD Spread
0.3
EURUSD Spread
0.1
EURGBP Spread
0.7
Assets
50+
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
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