ThinkMarkets

ThinkMarkets

🟢 Tier 1 Regulated
8.3
/ 10
vs
Lightspeed

Lightspeed

🟢 Tier 1 Regulated
7.4
/ 10

ThinkMarkets vs Lightspeed

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

ThinkMarkets and Lightspeed are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. ThinkMarkets, founded in 2010 and headquartered in London, UK, is regulated by ASIC, FCA, CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $0. Lightspeed, established in 2006 in New York, USA, holds licenses from FCA with spreads from N/A and a $10000 minimum deposit. In our hands-on testing across 8 scoring categories, ThinkMarkets scored 8.3/10 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

  • 📊

    ThinkMarkets scores 8.3/10 overall vs 7.4/10 for Lightspeed — a 0.9-point difference.

  • 💵

    ThinkMarkets requires just $0 to start, while Lightspeed needs $10000 — ThinkMarkets is 10000x more accessible.

  • 📈

    Lightspeed offers 8,000+ instruments vs 4,000+ at ThinkMarkets — a notable difference in market coverage.

  • 🖥️

    ThinkMarkets runs on MT4, MT5, ThinkTrader, while Lightspeed uses Lightspeed Trader, Sterling Trader Pro — different ecosystems for different trading styles.

  • The biggest gap is in Education: ThinkMarkets scores 7.5 vs 5.5 for Lightspeed — a 2.0-point difference.

Our Verdict

🏆 WINNER
ThinkMarkets

ThinkMarkets

Score: 8.3/10 · Wins 5 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
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

ThinkMarkets takes the lead with an overall score of 8.3/10 compared to 7.4/10, winning in 5 out of 8 scoring categories. ThinkMarkets stands out for lower trading costs and superior education resources, while Lightspeed fights back with more research tools.

Detailed Verdict

After testing both brokers with real accounts, ThinkMarkets comes out ahead with a 8.3/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. ThinkMarkets 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 ThinkMarkets review and Lightspeed review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

ThinkMarkets
Lightspeed
Trading Costs
8.0 7.5

ThinkMarkets wins by 0.5 points

Platforms & Tools
8.5 8.5
Regulation & Trust
9.0 9.0
Education
7.5 5.5

ThinkMarkets wins by 2.0 points

Customer Service
8.0 7.0

ThinkMarkets wins by 1.0 points

Research & Analysis
7.5 8.0

Lightspeed wins by 0.5 points

Deposit & Withdrawal
8.0 6.0

ThinkMarkets wins by 2.0 points

Product Range
8.0 7.5

ThinkMarkets wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.3/10
7.4/10
Min Deposit
Lower is better
$0
$10000
Max Leverage
1:500
1:4
Spreads From
0.0 pips
N/A
Platforms
MT4, MT5, ThinkTrader
Lightspeed Trader, Sterling Trader Pro
Regulation
ASIC, FCA, CySEC
FCA
Founded
Older track record highlighted
2010
2006
Markets
4,000+
8,000+
ThinkMarkets: 1 Lightspeed: 0
💰

Fees & Costs

🏅 Section Winner: ThinkMarkets (8.0 vs 7.5)

When it comes to trading costs, ThinkMarkets has the edge with a score of 8/10 versus 7.5/10 for Lightspeed. ThinkMarkets offers spreads starting from 0.0 pips, while Lightspeed starts from N/A. The minimum deposit at ThinkMarkets is $0, compared to $10000 at Lightspeed. 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.

ThinkMarkets
8.0
Lightspeed
7.5
ThinkMarkets: 1 Lightspeed: 0
🖥️

Trading Platforms

ThinkMarkets scores 8.5/10 for platforms compared to 8.5/10 for Lightspeed. ThinkMarkets provides MT4, MT5, ThinkTrader, while Lightspeed offers Lightspeed Trader, Sterling Trader Pro. 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.

ThinkMarkets
8.5
Lightspeed
8.5
ThinkMarkets: 1 Lightspeed: 0
🛡️

Regulation & Safety

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

ThinkMarkets
9.0
Lightspeed
9.0
ThinkMarkets: 2 Lightspeed: 0
📚

Education & Research

🏅 Section Winner: ThinkMarkets (7.5 vs 5.5)

For learning resources, ThinkMarkets leads with 7.5/10 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. ThinkMarkets and Lightspeed 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.

ThinkMarkets
7.5
Lightspeed
5.5
ThinkMarkets: 3 Lightspeed: 0
🎧

Customer Support

🏅 Section Winner: ThinkMarkets (8.0 vs 7.0)

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

ThinkMarkets
8.0
Lightspeed
7.0
ThinkMarkets: 4 Lightspeed: 0
💳

Deposit & Withdrawal

🏅 Section Winner: ThinkMarkets (8.0 vs 6.0)

ThinkMarkets scores 8/10 for deposits and withdrawals, while Lightspeed scores 6/10. ThinkMarkets accepts Bank Transfer, Credit Card, Skrill, Neteller, PayPal, and Lightspeed supports Bank Transfer, Wire Transfer. Processing times, fees, and available currencies vary. ThinkMarkets requires a minimum deposit of $0 versus $10000 for Lightspeed. Always check withdrawal conditions and any potential fees before funding your account.

ThinkMarkets
8.0
Lightspeed
6.0

Which Broker Is Right for You?

ThinkMarkets

Choose ThinkMarkets if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
Visit ThinkMarkets
Lightspeed

Choose Lightspeed if you...

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

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is ThinkMarkets better than Lightspeed?

ThinkMarkets scores higher overall (8.3/10 vs 7.4/10), winning 5 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, ThinkMarkets or Lightspeed?

ThinkMarkets scores higher for trading costs. ThinkMarkets offers spreads from 0.0 pips with a $0 minimum deposit, while Lightspeed starts from N/A with $10000 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is ThinkMarkets safe to trade with?

ThinkMarkets is regulated by ASIC, FCA, CySEC and scores 9/10 for regulation. Lightspeed is regulated by FCA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, ThinkMarkets or Lightspeed?

ThinkMarkets scores 8.5/10 for platforms. ThinkMarkets offers MT4, MT5, ThinkTrader, while Lightspeed provides Lightspeed Trader, Sterling Trader Pro. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for ThinkMarkets vs Lightspeed?

ThinkMarkets requires a minimum deposit of $0, while Lightspeed requires $10000. ThinkMarkets 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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