Lightspeed review
Lightspeed is a Multi-Assets Trading Platform with over 159+ Assets
Lightspeed is a multi asset platform with 159+ tradable Assets.
Assets available on Lightspeed include Forex trading, CFD trading, Share Dealing.
Lightspeed trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Share Dealing are considered financial assets.
Lightspeed review
Features of Lightspeed
- Virtual Portfolio, or what is commonly known as a Demo Account
- Lightspeed offers Advanced Financial Chart comparison tools
- Lightspeed offers Research-backed analysis on financial markets and investments from top analysts
- The Lightspeed platform is available to use on multiple devices inclding and online through a Web Browser.
- Lightspeed offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
- Lightspeed users benefit from using the Lightspeed platform in over 15 different languages
Lightspeed review
What you should know
Lightspeed offer three ways to trade: Forex trading, CFD trading, Share Dealing.
With Lightspeed you will need a minimum deposit of $10000. You can sign up for a demo account to acquaint yourself with Lightspeed platform.
Lightspeed are able to accommodate various levels of traders whether you are experienced or a beginner.
Lightspeed review
Are Lightspeed safe?
When choosing a broker like Lightspeed the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in 2008, and in operation for 13 years Lightspeed have a head office in United States.
Lightspeed is not regulated. This means Lightspeed are not supervised by any regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Lightspeed, this will be honored.
Your capital is at risk
Lightspeed review
Is my money safe with Lightspeed?
Any payments funded to Lightspeed accounts by traders are held in a segregated bank account.
For added security Lightspeed use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
What are Tier 1 banks and why should Lightspeed use them?
A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.
What does it mean to have your funds in Lightspeed deposited in a Tier 1 bank?
Having any money you deposit with Lightspeed means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Lightspeed goes out of business for some reason.
Therefore, we can safely conclude that Lightspeed is secure and safe.
That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.
While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Lightspeed also clearly state on their platform that Your capital is at risk.
Now that we have answered some important questions regrding Lightspeed. let us look at the Lightspeed features in more detail.
Try creating two accounts when you are working with Lightspeed. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit Lightspeed
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Lightspeed as a Company Compare Against Other Brokers
Broker |
lightspeed
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Year Established | 2008 | 2006 | 2007 | 2002 |
Head Office | United States | Cyprus, UK | Australia | Poland |
Regulation | Unregulated | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) |
Used By | 10,000+ Lightspeed users | 17,000,000+ eToro users | 60,000+ IC Markets users | 250,000+ XTB users |
Negative balance protection | Yes | Yes | Yes | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit Lightspeed | Visit eToro | Visit IC Markets | Visit XTB |
Risk Warning | Your capital is at risk | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Lightspeed review
Lightspeed Pros and Cons
Lightspeed review
Lightspeed Regulation and Licensing in more detail
Lightspeed are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Lightspeed that are not regulated yet appear to be legitimate.
Lightspeed maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Lightspeed you are not guarenteed help in a difficult situation.
- Unregulated
Lightspeed review
Is Lightspeed Global?
Yes, Lightspeed is global as Lightspeed is available in over 191 countries.
Lightspeed is a global trading platform in the sense that it operates in 191 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Lightspeed covers include the UK, Germany, Australia, South Africa, Thailand, and China. Lightspeed has a total of more than 10,000 users.
Lightspeed review
Lightspeed Fees Explained
- Lightspeed withdrawal fees varies on payment method
- Lightspeed does charge a fee for inactive accounts.
- Lightspeed does charge deposit fees.
Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.
How Lightspeed Fees Compare Against Other Brokers
Broker |
lightspeed
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Min Deposit | 10000 | 200 | 200 | 0 |
Withdrawal Fees | varies | Yes | No | varies |
Inactivity Fees | Yes | No | No | |
Deposit Fees | No | Varies | No | |
CFD Commission Fees | No | Yes | Yes |
Lightspeed review
Lightspeed Minimum Deposit
Lightspeed require a minimum desposit of 10000 GBP/USD when opening an Lightspeed trading account.
A minimum deposit is the minimum amount of money required by Lightspeed to open a new online brokerage account with them.
Dont be scared off by brokers like Lightspeed charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.
Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.
Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.
Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.
As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.
Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.
Lightspeed review
Lightspeed Withdrawal Fees
Lightspeed withdrawal fees vary depending on your selected withdrawal payment method.
Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.
This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.
Lightspeed for example allow you to withdraw your funds to Wire Transfers.
Lightspeed review
Lightspeed Inactivity Fees
Lightspeed does charge a fee for inactive accounts.
An account inactivity fee is a fee charged to the registered brokerage client.
Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.
If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.
Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.
If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.
Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.
Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.
Lightspeed review
Lightspeed Desposit Fees
Lightspeed does charge deposit fees.
Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.
Lightspeed review
Lightspeed Commission Fees
Lightspeed does charge commission on CFD instruments.
A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.
A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.
Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.
Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.
If a market order is not fulfilled by your brokerage usually no commission is charged.
Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.
Lightspeed review
What can you trade with Lightspeed?
Be aware that Different entities under Lightspeed Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.
You can trade a wide variety of instruments with Lightspeed over 159 instruments infact.
If you are looking at trading currency pairs Lightspeed offer over currency pairs.
Compare Lightspeed with eToro and IC Markets below.
How Lightspeed Trading Options Compare Against Other Brokers
Broker |
lightspeed
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Instruments Available | 159 | 2000 | 232 | 4000 |
Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 50 | 65 | 57 | |
Major Forex pairs | No | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | Yes | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 31 | 19 | 21 |
Metals | No | Yes | Yes | Yes |
Energies | No | Yes | Yes | Yes |
Agricultural | No | Yes | Yes | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2042 | 110 | 1696 | |
UK Shares | No | Yes | No | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Lightspeed
Your capital is at risk |
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider. |
Visit IC Markets
Losses can exceed deposits |
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Lightspeed review
Trading on Lightspeed web platforms and other applications
Lightspeed offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.
Lightspeed also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.
See Lightspeed's platforms
Lightspeed review
Is the Lightspeed Trading Platform Secure?
Lightspeed safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Lightspeed also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Lightspeed.
Lightspeed review
Lightspeed Trading Platform Options
Lightspeed does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Lightspeed offer an their own custom trading platform developed and tested in house. The Lightspeed trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The Lightspeed platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With Lightspeed you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Lightspeed platform including news and quotes. Discover possible trades with the strong charting tools found with Lightspeed. Lightspeed is available as downloadable applications or online through the cloud. Monitor your orders with Lightspeed and receive breaking news in your positions.
Lightspeed Trading benefits :
Lightspeed Trading Accounts Offered :
- Demo account
- Standard account
Can I try Lightspeed before I buy?
Lightspeed offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
Your capital is at risk
Lightspeed withdrawal and funding methods.
Please note that the list of Lightspeed payment methods below depend on the Lightspeed Entity and the Clients Country of Residence.
All available Lightspeed payment methods available to you can be found in your Lightspeed members area checked on the Lightspeed website.
Lightspeed offer the below funding payment methods. learn more about Lightspeed
Lightspeed Payment Methods
- Lightspeed accepts Wire Transfers
Broker |
lightspeed
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | No | Yes | Yes | Yes |
Paypal | No | Yes | Yes | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | Yes | No | Yes |
Neteller | No | Yes | Yes | Yes |
*please note available Lightspeed and other broker payment methods depend on the clients country of residence.
How can I start trading with Lightspeed?
When opening a trading account with Lightspeed, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Lightspeed trading platforms here.
Your capital is at risk
Performing trades with Lightspeed
Lightspeed allow you to execute a minimum of trade of $4.50. This may vary depending on the account you open. Lightspeed allow you to execute a maxium trade of varies.
As a market maker, Lightspeed may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.
As with most brokers, margin requirements do vary depending on the instruments.
Lightspeed Leverage and Lightspeed CFDs Explained
let's take a look at some of the basics of using Lightspeed leverage.
Lightspeed offer CFD which are a leveraged product for this example we describe ten times leverage.
So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.
So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.
Lightspeed leverage magnifies both profits and losses when trading.
Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Lightspeed trading platform.
let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.
It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.
Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.
The Lightspeed leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.
Lightspeed CFDs are typically used for short to medium term trades. For example Lightspeed intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.
Always be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education resources at Lightspeed
To trade effectively with Lightspeed, it's important to get a have a good understanding of the Lightspeed trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Lightspeed and externally.
Lightspeed offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.
Having an analytical approach may be a good way to approach trading with Lightspeed.
Take time to look around the Lightspeed platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.
Customer Support at Lightspeed
Lightspeed support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Lightspeed have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Lightspeed less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.
Livechat Support at Lightspeed
We tested the Lightspeed live chat and it works well. We sent messages to Lightspeed livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.
We tested communicating with Lightspeed support in multiple languages in multiple countries. Lightspeed where able to resolve our customer issues.
Email Support at Lightspeed
We sent several emails to Lightspeed and answer times overall were excellent. The fastest response from Lightspeed was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Lightspeed, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall average email support from Lightspeed.
Phone Support at Lightspeed
We called Lightspeed and the call was answered very quickly. The call was answered in less than 5-10 minutes.
The Lightspeed phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Lightspeed team by calling in varying languages. Lightspeed made an effort to make sure our queries were answered.
Overall the phone support from Lightspeed was okay.
See how Lightspeed Support Compares Against Other Brokers
Broker |
lightspeed
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |
Learn More | Visit Lightspeed | Visit eToro | Visit IC Markets | Visit XTB |
Risk Warning | Your capital is at risk | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
What you will need to open an account with Lightspeed
As Lightspeed is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
Be aware Please kindly note that the expiration date of Proof of address document for different entities under Lightspeed Brand may be different.
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.
While you might be able to explore Lightspeed's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with Lightspeed you can visit the Lightspeed trading platform here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.lightspeed.com/ on January 20, 2021.
Lightspeed review
Is Lightspeed A Good Broker?
We spent over 3 months examining Lightspeed in depth. Although we found some very useful aspects of the Lightspeed platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Lightspeed broker.
- Lightspeed have a good track record of offering Forex trading, CFD trading, Share Dealing.
- Lightspeed has a history of over 13 years.
- Lightspeed has a reasonable sized customer support of at least 10.
- Lightspeed are regulated by Unregulated. This means Lightspeed fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Lightspeed have regulation from a Tier 1 reputable country.
- Lightspeed has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Lightspeed have an international presence in multiple countries. This includes local Lightspeed seminars and training.
- Lightspeed are able to hire people from various locations in the world who can better communicate in your local language.
Lightspeed Risk Disclaimer
Your capital is at risk
Lightspeed review
Lightspeed not quite right?
If after reading this Lightspeed review, Lightspeed does not fulfill your needs check out these Lightspeed Alternatives.
Click here to view the best Lightspeed Alternatives
We have spent years researching the best alternatives to Lightspeed. Click the links below to learn more.
If you feel some of the above Lightspeed are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Lightspeed alternatives below.
- eToro Review
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Lightspeed review
Related Lightspeed Vs Comparisons
We have covered allot in this Lightspeed review, If you want to see how Lightspeed compares side by side with other brokers check out our Lightspeed Vs pages.
If you would like to see how Lightspeed stands up against other brokers you can read some of our Lightspeed comparisons below. We compare side by side some of our top rated Lightspeed versus comparisons. Read our indepth Lightspeed VS pages below.
- Lightspeed vs eToro
- Lightspeed vs ICMarkets
- Lightspeed vs XTB
- Lightspeed vs FPMarkets
- Lightspeed vs Roboforex
- Lightspeed vs Trading212
- Lightspeed vs Plus500
- Lightspeed vs Pepperstone
- Lightspeed vs easyMarkets
- Lightspeed vs XM
- Lightspeed vs FXPrimus
- Lightspeed vs SpreadEx
- Lightspeed vs Forex.com
- Lightspeed vs CityIndex
- Lightspeed vs OctaFX
- Lightspeed vs NordFX
- Lightspeed vs Markets.com
- Lightspeed vs IG
- Lightspeed vs HYCM
- Lightspeed vs Axitrader
- Lightspeed vs Swissquote
- Lightspeed vs AvaTrade
- Lightspeed vs ForexMart
- Lightspeed vs Eightcap
- Lightspeed vs AdmiralMarkets
- Lightspeed vs ForTrade
- Lightspeed vs FxPro
- Lightspeed vs PhoenixMarkets
Lightspeed review
LIGHTSPEED Frequently Asked Questions
Read our detailed Lightspeed FAQ Section updated for 2021.
Can I try Lightspeed before I buy?
Lightspeed offer a demo account so you can try the Lightspeed platform with virtual trading before you put down a payment. Virtual trading with Lightspeed is zero risk. Learn more here
What funding methods do Lightspeed accept?
Please note that the list of payment methods below depend on the Lightspeed Entity and the Clients Country of Residence.
Lightspeed offer the following funding payment methods Wire Transfers, among other payment methods.
Learn more here
Is Lightspeed safe?
While Lightspeed may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Lightspeed accounts by traders are held in a segregated bank account. For added security Lightspeed use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
Your capital is at risk
Is Lightspeed trading good?
Lightspeed is considered good and reputable to trade with Lightspeed. Lightspeed is used by over 10,000 active traders and Lightspeed users. Lightspeed offers Forex trading, CFD trading, and Share Dealing trading. Minimum deposit with Lightspeed is 10000.
Is Lightspeed trading Legit?
Lightspeed was founded in United States in 2008. Lightspeed has been facilitating trade on the financial markets for over 13 years. Lightspeed offers clients Forex trading, CFD trading, and Share Dealing trading. All funds deposited to Lightspeed are held in segregated tier 1 bank accounts for security. Lightspeed is not regulated. Although this doesnt mean Lightspeed are awful, we recommend trading with regulated brokers.
Is Lightspeed a good broker?
Lightspeed is overseen by the top tier financial regulators Unregulated so can be considered a good broker. Lightspeed allows Forex trading, CFD trading, and Share Dealing trading.
Is Lightspeed trustworthy broker?
While having many plus points because Lightspeed is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.
What is the minimum deposit for Lightspeed?
The minimum deposit to trade with Lightspeed is 10000.
How long do Lightspeed withdrawals take?
Withdrawing money from Lightspeed processing time varies but averages 2-5 days.
Is Lightspeed regulated?
Lightspeed is not regulated by a top tier financial regulator.
Is Lightspeed a market maker?
Lightspeed is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.
How can I start trading with Lightspeed?
When opening a trading account with Lightspeed, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Lightspeed trading platforms here.
Is my money safe with Lightspeed?
Lightspeed is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Lightspeed is the regulatory body and regulatory status of the broker.
Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Lightspeed, this will be honored.
If they violate any regulatory rules their regulated status can be stripped.
Is Lightspeed a con?
While we would noy say that Lightspeed is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.
Can you make money with Lightspeed?
Although traders have had great success with Lightspeed. Trading on the financial markets with Lightspeed is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Lightspeed have fees?
Lightspeed withdrawal fees varies on payment method. Lightspeed does charge a fee for inactive accounts. Lightspeed does charge deposit fees.
When was Lightspeed founded?
Lightspeed was founded in 2008.
How many people use Lightspeed?
Lightspeed is used by over 10,000 registered Lightspeed users.
What is Lightspeed Headquarters country?
Lightspeed has its head quarters office in United States.
Does Lightspeed offer negative balance protection?
Lightspeed does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.
Does Lightspeed offer guaranteed stop loss?
Lightspeed does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Lightspeed allow scalping?
Lightspeed does not offer scalping.
Does Lightspeed allow hedging?
Lightspeed does not offer hedging.
Does Lightspeed offer CFD trading?
Lightspeed offers CFD trading.
Does Lightspeed offer STP?
Lightspeed does not offer STP trading.
How many people use Lightspeed?
Lightspeed is used by over 10000 Lightspeed users and traders.
Is Lightspeed an ECN broker?
Lightspeed does not offer ECN trading.
Does Lightspeed offer a demo account?
Lightspeed offers a demo account.
Does Lightspeed offer an Islamic account?
Lightspeed does not offer Islamic accounts.
What are the funding methods for Lightspeed?
Please note that funding methods available with Lightspeed can be found in the Lightspeed Members area and depend on the Lightspeed client’s country of residence. Please check your specific available payment methods on the Lightspeed website. Lightspeed accept the following funding methods : Wire Transfers.