lightspeed Alternatives: Pros & Cons Updated for 2025
This alternatives to lightspeed guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to lightspeed to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to lightspeed like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that lightspeed is not quite right for you then it would be worth getting a virtual account with a few of the best lightspeed alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed guide to lightspeed alternatives on the internet
There are a lot of reasons lightspeed may not be a good fit for your trading needs. For whatever reason you are hunting for the best lightspeed alternative or lightspeed competitor with similar services, we try to give you as much helpful information so you can make an informed decision. Below you will discover the most popular lightspeed alternatives.
For each of our alternative to lightspeed, we break down the key differences to lightspeed and for each section show you the best alternatives. For each lightspeed alternative online trading platform listed we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with lightspeed, let us show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a professional and dependable online broker is crucial to having a successful trading career. All of the lightspeed alternative brokers shown in this lightspeed alternatives guide have good reputations and fit what you are looking for.
Alternatives With Lower Minimum Deposit
lightspeed has a minimum desposit of $250, you should check how the minimum deposit requirements of lightspeed compare with the minimum deposit requirements of lightspeed competitors. Online brokers often have lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
lightspeed |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Demo Accounts
lightspeed offers demo accounts so you can learn their systems before risking any real capital. Inexperienced traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before risking a live account.
Below we show some of the best alternatives to lightspeed that has demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
lightspeed |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
lightspeed has negative balance protection. It's especially offered when the industry volatility keeps customers from letting their account go into the red. In a situation like this, lightspeed provides the ability to reset a clients account balance to zero.
You can go through the important terms and conditions on lightspeed's site to comprehend their policies.
Below we list some of the best alternatives to lightspeed that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
lightspeed |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
lightspeed unfortunately, doesn't provide guaranteed stop loss. lightspeed gives a chance to its dealers to close their trades in their specified price. Aside from that, lightspeed doesn't offer guaranteed stop loss.
Below we show some of the top lightspeed alternatives that has guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
lightspeed |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
lightspeed do permit scalping. Several traders throughout the world choose lightspeed due to their scalping services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Below we detail some of the top alternatives to lightspeed that offer scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
lightspeed |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
lightspeed do allow hedging. Several traders throughout the world choose lightspeed due to their hedging services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Below we show some of the top alternatives to lightspeed that offer hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
lightspeed |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, lightspeed offers social trading which encompasses leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.
Below we detail some of the top alternatives to lightspeed that allow social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
lightspeed |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, lightspeed offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of social trading.
Below we show some of the best alternatives to lightspeed that offer copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
lightspeed |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare lightspeed To All Other Brokers