Lightspeed

Lightspeed

🟢 Tier 1 Regulated
7.4
/ 10
vs
IC Markets

IC Markets

🟢 Tier 1 Regulated
8.8
/ 10

Lightspeed vs IC Markets

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Lightspeed and IC Markets 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. IC Markets, established in 2007 in Sydney, Australia, holds licenses from ASIC, CySEC, FSA with spreads from 0.0 pips and a $200 minimum deposit. In our hands-on testing across 8 scoring categories, IC Markets scored 8.8/10 overall compared to Lightspeed's 7.4/10, making it the stronger pick for most traders. That said, Lightspeed holds its own with more research tools, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    IC Markets scores 8.8/10 overall vs 7.4/10 for Lightspeed — a 1.4-point difference.

  • 💵

    IC Markets requires just $200 to start, while Lightspeed needs $10000 — IC Markets is 50x more accessible.

  • 📈

    Lightspeed offers 8,000+ instruments vs 2,200+ at IC Markets — a massive gap in market coverage.

  • 🖥️

    Lightspeed runs on Lightspeed Trader, Sterling Trader Pro, while IC Markets uses MT4, MT5, cTrader — different ecosystems for different trading styles.

  • The biggest gap is in Deposit & Withdrawal: IC Markets scores 8.5 vs 6.0 for Lightspeed — a 2.5-point difference.

Our Verdict

Lightspeed

Lightspeed

Score: 7.4/10 · Wins 1 categories
  • You rely on in-depth research and analysis tools
  • You prefer Lightspeed's trading environment overall
🏆 WINNER
IC Markets

IC Markets

Score: 8.8/10 · Wins 6 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you

IC Markets takes the lead with an overall score of 8.8/10 compared to 7.4/10, winning in 6 out of 8 scoring categories. IC Markets stands out for lower trading costs and better trading platforms, while Lightspeed fights back with more research tools.

Detailed Verdict

After testing both brokers with real accounts, IC Markets comes out ahead with a 8.8/10 overall rating, winning 6 out of 8 categories. Its strongest area is Trading Costs where it scores 9.5/10. IC Markets 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 1 category. Traders who value more research tools may find Lightspeed the better fit. For a complete breakdown, read our full IC Markets review and Lightspeed review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Lightspeed
IC Markets
Trading Costs
7.5 9.5

IC Markets wins by 2.0 points

Platforms & Tools
8.5 9.0

IC Markets wins by 0.5 points

Regulation & Trust
9.0 9.0
Education
5.5 7.0

IC Markets wins by 1.5 points

Customer Service
7.0 8.0

IC Markets wins by 1.0 points

Research & Analysis
8.0 7.5

Lightspeed wins by 0.5 points

Deposit & Withdrawal
6.0 8.5

IC Markets wins by 2.5 points

Product Range
7.5 8.5

IC Markets wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.4/10
8.8/10
Min Deposit
Lower is better
$10000
$200
Max Leverage
1:4
1:500
Spreads From
N/A
0.0 pips
Platforms
Lightspeed Trader, Sterling Trader Pro
MT4, MT5, cTrader
Regulation
FCA
ASIC, CySEC, FSA
Founded
Older track record highlighted
2006
2007
Markets
8,000+
2,200+
Lightspeed: 0 IC Markets: 1
💰

Fees & Costs

🏅 Section Winner: IC Markets (7.5 vs 9.5)

When it comes to trading costs, IC Markets has the edge with a score of 9.5/10 versus 7.5/10 for Lightspeed. Lightspeed offers spreads starting from N/A, while IC Markets starts from 0.0 pips. The minimum deposit at Lightspeed is $10000, compared to $200 at IC Markets. 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.

Lightspeed
7.5
IC Markets
9.5
Lightspeed: 0 IC Markets: 2
🖥️

Trading Platforms

🏅 Section Winner: IC Markets (8.5 vs 9.0)

IC Markets scores 9/10 for platforms compared to 8.5/10 for Lightspeed. Lightspeed provides Lightspeed Trader, Sterling Trader Pro, while IC Markets offers MT4, MT5, cTrader. 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.

Lightspeed
8.5
IC Markets
9.0
Lightspeed: 0 IC Markets: 2
🛡️

Regulation & Safety

Regulation is crucial for fund safety. Lightspeed is regulated by FCA (Tier 1), while IC Markets holds licenses from ASIC, CySEC, FSA (Tier 1). Lightspeed scores 9/10 and IC Markets 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.

Lightspeed
9.0
IC Markets
9.0
Lightspeed: 0 IC Markets: 3
📚

Education & Research

🏅 Section Winner: IC Markets (5.5 vs 7.0)

For learning resources, IC Markets leads with 7/10 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 IC Markets 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.

Lightspeed
5.5
IC Markets
7.0
Lightspeed: 0 IC Markets: 4
🎧

Customer Support

🏅 Section Winner: IC Markets (7.0 vs 8.0)

Lightspeed offers 24/5 Email, Phone and scores 7/10, while IC Markets provides 24/7 Live Chat, Email, Phone with a score of 8/10. 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.

Lightspeed
7.0
IC Markets
8.0
Lightspeed: 0 IC Markets: 5
💳

Deposit & Withdrawal

🏅 Section Winner: IC Markets (6.0 vs 8.5)

Lightspeed scores 6/10 for deposits and withdrawals, while IC Markets scores 8.5/10. Lightspeed accepts Bank Transfer, Wire Transfer, and IC Markets supports Bank Transfer, Credit Card, PayPal, Skrill, Neteller, UnionPay. Processing times, fees, and available currencies vary. Lightspeed requires a minimum deposit of $10000 versus $200 for IC Markets. Always check withdrawal conditions and any potential fees before funding your account.

Lightspeed
6.0
IC Markets
8.5

Which Broker Is Right for You?

Lightspeed

Choose Lightspeed if you...

  • You rely on in-depth research and analysis tools
  • You prefer Lightspeed's trading environment overall
Visit Lightspeed
IC Markets

Choose IC Markets if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
Visit IC Markets

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Lightspeed better than IC Markets?

IC Markets scores higher overall (8.8/10 vs 7.4/10), winning 6 of 8 categories. However, Lightspeed is stronger in more research tools. The best choice depends on what matters most to your trading style.

Which has lower fees, Lightspeed or IC Markets?

IC Markets scores higher for trading costs. Lightspeed offers spreads from N/A with a $10000 minimum deposit, while IC Markets starts from 0.0 pips with $200 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. IC Markets is regulated by ASIC, CySEC, 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 IC Markets?

IC Markets scores 9/10 for platforms. Lightspeed offers Lightspeed Trader, Sterling Trader Pro, while IC Markets provides MT4, MT5, cTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Lightspeed vs IC Markets?

Lightspeed requires a minimum deposit of $10000, while IC Markets requires $200. IC Markets 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.

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