Lightspeed
FXTM
Lightspeed vs FXTM
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Lightspeed and FXTM are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Lightspeed, founded in 2006 and headquartered in New York, USA, is regulated by FCA and offers spreads starting from N/A with a minimum deposit of $10000. FXTM, established in 2011 in Limassol, Cyprus, holds licenses from CySEC, FCA, FSA with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, FXTM scored 8/10 overall compared to Lightspeed's 7.4/10, making it the stronger pick for most traders. That said, Lightspeed holds its own with better trading platforms and more research tools, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FXTM scores 8/10 overall vs 7.4/10 for Lightspeed — a 0.6-point difference.
- 💵
FXTM requires just $10 to start, while Lightspeed needs $10000 — FXTM is 1000x more accessible.
- 📈
Lightspeed offers 8,000+ instruments vs 600+ at FXTM — a massive gap in market coverage.
- 🖥️
Lightspeed runs on Lightspeed Trader, Sterling Trader Pro, while FXTM uses MT4, MT5, FXTM Trader App — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Education: FXTM scores 8.5 vs 5.5 for Lightspeed — a 3.0-point difference.
Our Verdict
Lightspeed
Score: 7.4/10 · Wins 3 categories- You need advanced trading platforms and tools
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
FXTM
Score: 8.0/10 · Wins 4 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
FXTM takes the lead with an overall score of 8/10 compared to 7.4/10, winning in 4 out of 8 scoring categories. FXTM stands out for lower trading costs and superior education resources, while Lightspeed fights back with better trading platforms and more research tools.
Detailed Verdict
After testing both brokers with real accounts, FXTM comes out ahead with a 8/10 overall rating, winning 4 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXTM holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Lightspeed is not without merit — it scores 7.4/10 overall and excels in Regulation & Trust (9.0/10), winning 3 categories. Traders who value better trading platforms or more research tools may find Lightspeed the better fit. For a complete breakdown, read our full FXTM review and Lightspeed review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FXTM wins by 0.5 points
Lightspeed wins by 1.0 points
FXTM wins by 3.0 points
FXTM wins by 0.5 points
Lightspeed wins by 1.0 points
FXTM wins by 2.0 points
Lightspeed wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.4/10 | 8.0/10 ✓ |
| Min Deposit Lower is better | $10000 | $10 ✓ |
| Max Leverage | 1:4 | 1:2000 |
| Spreads From | N/A | 0.0 pips |
| Platforms | Lightspeed Trader, Sterling Trader Pro | MT4, MT5, FXTM Trader App |
| Regulation | FCA | CySEC, FCA, FSA |
| Founded Older track record highlighted | 2006 ✓ | 2011 |
| Markets | 8,000+ ✓ | 600+ |
Fees & Costs
When it comes to trading costs, FXTM has the edge with a score of 8/10 versus 7.5/10 for Lightspeed. Lightspeed offers spreads starting from N/A, while FXTM starts from 0.0 pips. The minimum deposit at Lightspeed is $10000, compared to $10 at FXTM. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Lightspeed scores 8.5/10 for platforms compared to 7.5/10 for FXTM. Lightspeed provides Lightspeed Trader, Sterling Trader Pro, while FXTM offers MT4, MT5, FXTM Trader App. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Lightspeed is regulated by FCA (Tier 1), while FXTM holds licenses from CySEC, FCA, FSA (Tier 1). Lightspeed scores 9/10 and FXTM scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FXTM leads with 8.5/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Lightspeed and FXTM both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Lightspeed offers 24/5 Email, Phone and scores 7/10, while FXTM provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Lightspeed scores 6/10 for deposits and withdrawals, while FXTM scores 8/10. Lightspeed accepts Bank Transfer, Wire Transfer, and FXTM supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Lightspeed requires a minimum deposit of $10000 versus $10 for FXTM. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Lightspeed if you...
- You need advanced trading platforms and tools
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
Choose FXTM if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is Lightspeed better than FXTM?
FXTM scores higher overall (8/10 vs 7.4/10), winning 4 of 8 categories. However, Lightspeed is stronger in better trading platforms and more research tools. The best choice depends on what matters most to your trading style.
Which has lower fees, Lightspeed or FXTM?
FXTM scores higher for trading costs. Lightspeed offers spreads from N/A with a $10000 minimum deposit, while FXTM starts from 0.0 pips with $10 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Lightspeed safe to trade with?
Lightspeed is regulated by FCA and scores 9/10 for regulation. FXTM is regulated by CySEC, FCA, FSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Lightspeed or FXTM?
Lightspeed scores 8.5/10 for platforms. Lightspeed offers Lightspeed Trader, Sterling Trader Pro, while FXTM provides MT4, MT5, FXTM Trader App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Lightspeed vs FXTM?
Lightspeed requires a minimum deposit of $10000, while FXTM requires $10. FXTM has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.