lightspeed Review: | Updated for 2022
This lightspeed review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about lightspeed to give you the most comprehensive guide available.
lightspeed is a world class trading partner that was founded in 2014. They have around 66 employees that help the company offer Brokerage, Business/Productivity Software, Direct Access Broker, Finance, Database Software, Online Brokerage, Electronic Trading, Institutional Brokerage, Prop Trading Groups, Automated Trading, Portfolio Margin, to 142,500+ clients through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
lightspeed Guide – Read our In-Depth lightspeed Review
lightspeed Rating: 6.80 / 10
This lightspeed review page contains information about investing with lightspeed. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of lightspeed does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This lightspeed review contains the latest info surrounding lightspeed.
If you're a new entrant in the world of online trading and brokerages, so many facts will no doubt be confusing for you. Getting into the area of trading online requires expert analytical skills and comprehensive understanding. You will acquire proficient at all of the concepts of trading online and brokerages while you continue trading. For starters, you have to choose the ideal agent who'll constantly be transparent with you.
In the fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professional, direct investment partner could help you in minimising any losses and maximising any profits. lightspeed is just one such stage which can assist you. It is important to know about any broker until you trust them with your money.
lightspeed Guide for 2022 – Quick Overview
| lightspeed Telephone: | +1 888-577-3123 |
| lightspeed Support Email: | info@lightspeed.com |
| lightspeed Address: | 1001 Avenue of the Americas, Fl 16, New York City, New York 10018, US |
| Year Founded: | 2014 |
| Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269 |
| Hedquarters: | USA |
| Minimum Deposit: | $250 |
| Number Of Clients: | 142,500+ lightspeed users and traders |
| lightspeed TrustPilot: | https://uk.trustpilot.com/review/lightspeed.com |
| lightspeed LinkedIn: | https://www.linkedin.com/company/lightspeed-financial/ |
| lightspeed Facebook: | https://www.facebook.com/LIGHTSPEEDTRADER/ |
| lightspeed Facebook Likes: | 6,793 |
| lightspeed Twitter: | @LsFinancial |
| lightspeed Twitter Followers: | 21 |
| lightspeed Instagram: | |
| lightspeed Instagram Followers: | 0 |
| lightspeed Youtube: | https://www.youtube.com/channel/UCh7VKa8TZZorWu17ZTiDqIg |
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Your capital is at risk |
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Our entire lightspeed review for beginners covers all you need to know about trading via lightspeed. A good agent can use your initial investments and help to protect it from losses but also give you a platform that can help to provide you profits. If you want to earn profits, you should trade with a broker service that aligns with your investment goals.
Of course, there is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.
lightspeed is a trading partner which has paved its way successfully into the brokerage world. In this review, we have tried to collate a number of the vital facets of lightspeed. This guide can help you to learn whether lightspeed is a fantastic match for your own investments or not. We've tried to breakdown all of the features and fees for your convenience.
Who are lightspeed?
lightspeed is a foreign exchange broker with its headquarters in USA and provides a range of instruments for online trading. Since its beginning in 2014 they have emerged as a leading player in the field of online trading. lightspeed includes an extremely competitive and full-featured trading site that's focused on currency, indices, metals, stocks and commodities.
Over the past 8 years, lightspeed has developed into one of the leading online brokers available to the public.
After establishing itself in 2014, their consumer base has become as large as 142,500+ clients.
lightspeed is a favourite for many online traders because of its negative balance protection. Our lightspeed account review discovered that they're a professional platform for online trading solutions. They are most appropriate for investors that are looking for a variety of assets. Social and easy to use trading solutions are the heart at lightspeed.
Technology plays a substantial role at lightspeed. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. lightspeed is honest, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269. Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.
The educational section at lightspeed is quite insightful for new dealers as it allows them to get a closer look in the financial markets. lightspeed caters to all sorts of traders and are a must-have broker for any well-diversified method of online trading.
lightspeed Review Videos
Benefits of trading with lightspeed in 2022
Trading with lightspeed comes with numerous advantages. These benefits are what sets lightspeed ahead of the rest of the online brokers. You should check all the benefits listed so you have a better comprehension of lightspeed.
The agent goes to great lengths to understand what traders want. As a result, the support, fast, and convenient. The agent also provides a number of platforms for all kinds of traders. lightspeed ensures that the individual needs of all online traders are met to the best of their capabilities.
lightspeed also features excellent trading conditions which are readily available to all and not just an elite class of institutional customers. The tight spreads and quick executions are a fantastic advantage for all traders. The technology adopted by lightspeed is of the maximum caliber, ensuring that it is fast, dependable, and effective.
lightspeed acknowledges the importance of owning a quick order execution. A fast implementation will allow users to exchange without fretting about slippage safely. It will also help the traders to catch any opportunities.
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. lightspeed's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
lightspeed has over 152 trading instruments to support all kinds of traders. These instruments are dynamic and suitable for both the new and experienced traders. All traders can set aside all their concerns when trading using lightspeed.
lightspeed Overview
Year Founded: 2014
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269
Hedquarters: USA
Minimum Deposit: $250
Number Of Clients: 142,500+
Your capital is at risk
If you feel that lightspeed is not right for you then at the bottom of this lightspeed review you will find a lot of alternatives to lightspeed.
What you ought to know about trading using lightspeed
lightspeed is a lively platform that provides various procedures of trading online. These instruments cover the monetary markets substantially. The Majority of the brokerage platforms provide less methods than lightspeed
If you wish to trade with lightspeed, you'll need a minimum deposit of $250. This deposit is required if you wish to begin trading with lightspeed. This 2022 lightspeed review will guide you safely about trading with them.
lightspeed is as versatile as another brokerage platform. lightspeed is excellent for traders who want a manageable range of low-cost services. The programs supplied by lightspeed are third-party, white-label offerings. All traders may select from MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Along with everything, lightspeed has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a trade has to be kept open. The brokers provide premium client service that rewards customers with advantages.
Many unprofessional brokers try to pressurise users into bigger funding for superior services. lightspeed, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater advantages will become available.
lightspeed accounts are available all over the world and provides excellent service everywhere they have customers. There are a few countries where lightspeed accounts are not available. Traders in the following countries cannot open or use a lightspeed account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is lightspeed Safe To Trade With In 2022?
Launched in 2014, lightspeed has been in operation for 8 years, they are headquarted in USA
lightspeed is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269. These bodies have rules that mandate that trading platforms have steps in place to keep investor's resources secured. This usually means that lightspeed users do not need to worry about their money since it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information as well.
You can make use of a choice for Two Factor Authentications (2FA) with lightspeed for heightened security. An SMS with the confirmation code will be sent to a mobile phone. You'll be asked to input this code to log in to your account.
Another concern with financial brokers with respect to security may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. Nonetheless, this is more prevalent in the example of Market Maker brokers who compete with users on the stage.
lightspeed Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With lightspeed
Every online trading platform will have some pros and cons lightspeed review would be complete without having a balanced approach. This lightspeed review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
lightspeed Pro's
lightspeed is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269.
lightspeed offers customer support over the phone.
lightspeed provides customer support over email.
lightspeed gives access to customer support over livechat.
lightspeed offers negative balance protection.
You can trade Cryptocurrencies with lightspeed.
lightspeed offers social trading.
lightspeed allows scalping.
lightspeed allows hedging.
lightspeed allows commodity trading.
You can trade metals with lightspeed.
You can trade energies with lightspeed.
lightspeed Con's
lightspeed is not highly rated by us. lightspeed hasn't won any awards. lightspeed doesn't offer guaranteed stop loss. lightspeed has a high minimum deposit requirement. lightspeed charges withdrawal fees. lightspeed charges inactivity fees. lightspeed doesn't offer copy trading.Compare Brokers Similar To lightspeed
Regulation And Licencing In More Detail
lightspeed is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269.
lightspeed, as a business, has a strong set of rules for ensuring honest trading onto its own platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer information is never to be shared with some other institutions or individuals. Including credit history and other financial details.
lightspeed Awards
At the time of writing this lightspeed review, and despite lightspeed’s impressive offering, the company has surprisingly not garnered any awards to date.lightspeed Trading Platforms
lightspeed are a professional trading platform that has been operating for over 8 years. They offer a large range of options in their client accounts.
Below we take the main parts of any reputable online broker and compare lightspeed with freetrade, and easyMarkets.
lightspeed MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with lightspeed in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. lightspeed MetaTrader 4 is compatible with the latest macOS. lightspeed allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and lightspeed
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With lightspeed MetaTrader 4 On iOS Devices
You can download the lightspeed app or also trade with lightspeed through the MetaTrader 4 application on the Apple app store.
Download the lightspeed MetaTrader 4 Program free of charge from Apple's App Store. lightspeed customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With lightspeed MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. lightspeed provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 142,500+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android lightspeed MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to get started on lightspeed is $250. This is a decent amount for people just beginning. You can make more advanced residue as you go along. But, make certain you know how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
lightspeed is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the number of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of penalties for this purpose.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you are spending a spread, funding rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are people who are billed when you maintain a leveraged position for more than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for services like depositing money, not investing for long periods, or withdrawals.
In general, lightspeed doesn't charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees billed by lightspeed are comparatively competitive. Consequently, you are charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of assets.
This lightspeed review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of lightspeed
lightspeed Withdrawal Fees Explained
lightspeed charges a withdrawal fee if you make a bank transfer. Each time you transfer money back into your bank account, these withdrawal fees become applicable.
Withdrawal of money is possible at any time from the lightspeed account. It's possible to withdraw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily have to have any cash in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money is going to be sent into the cardlightspeed will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you are opting to withdraw in.
lightspeed Inactivity Fees Explained
lightspeed charges an inactivity fee if you don't make any trades for a while.
Even if no fees have been implied by lightspeed, it's better that you close the account if you are inactive. Inactivity fees aren't only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is exposed to many conditions and needs to be revealed clearly by the broker beforehand.
lightspeed Deposit Fees Explained
When you transfer money in your trading account from the bank account, a deposit fee can be charged by the broker. Most agents don't charge an excessive amount of money for this operation.
lightspeed doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the lightspeed trading platform is easy. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You'll need to provide an identity evidence and evidence of residency to deposit large sums.
Compare lightspeed Vs Other Broker Deposit Methods
What Can You Trade With lightspeed in 2022?
Note: lightspeed provides many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will be different based on the country of residence of the client.
lightspeed has a wide variety of over 152 instruments available for you to trade with.
If trading forex pairs is of interest to you then lightspeed offer over 122 forex pairs.
Compare lightspeed, freetrade & easyMarkets below.
lightspeed Trading App Review
Note: lightspeed's mobile app has a lot of functionality and is being constantly developed. The table below was accurate at the time of compiling this lightspeed broker review.
Understand the capabilities of the mobile apps of lightspeed, freetrade & easyMarkets below.
Trading Education Available At lightspeed
Understand the trading resources available with lightspeed, freetrade & easyMarkets below.
lightspeed Customer Support
While collating our lightspeed broker review we examined the customer service options as well as response times. on the lightspeed trading platform issue solving effectiveness. lightspeed support a wide range of languages, including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
lightspeed Live Chat Support
We tested the livechat experience with lightspeed and it works well. We made a request to lightspeed livechat via their app and web site and recieved a response in less than 20 seconds. There was sometimes no response.
We tested communicating through lightspeed support in multiple languages across multiple countries. lightspeed were capable of resolving our client's issues.
lightspeed Phone Support
We called lightspeed and the call was responded to very promptly. We were able to have the call answered within less than five to ten minutes.
The lightspeed phone support team were able to effectively address our queries and problems over the phone. We tried the multi-lingual lightspeed team by calling in varying languages. lightspeed made an effort to ensure that our questions were addressed.
The overall phone support provided by lightspeed was good.
lightspeed Email Support
We sent several emails to lightspeed and the response times were all acceptable. The fastest email response from lightspeed was 2 hours, while the longest response time was 3 days! Sometimes there were no responses. Support response times may vary for you at lightspeed, but this was our experience sending out 10 emails at different times.
The team solved and responded to our questions. The overall average of email support provided by lightspeed was good.
Alternatives To lightspeed
If, after reading this lightspeed review, they don't quite meet your requirements check out these lightspeed alternatives.
We've scoured the internet to find the best alternatives to lightspeed. Click the links below to find out more.
Frequently Asked Questions
Can I try lightspeed before I buy?
Absolutely! you can most definitely try lightspeed before you buy. lightspeed offers demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you sign up to get a demo account with lightspeed, you may set out using a decent amount of virtual money. It's to establish a feeling of security and confidence in you before you choose to invest your own money.
With a digital lightspeeddemo account, you can experiment at all, to whatever length you wish. You can also open positions, examine different trading approaches, and more.
lightspeed specifies on its official website how you are able to trade real time stocks in a demo account.
Is lightspeed safe?
You can drop all of your worries because we believe that lightspeed is totally safe to use. It is in compliance with the principles of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269.
Even so, lightspeed does not provide assured stop-loss protection.
Why does lightspeed ask for my passport?
The reason that lightspeed asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, lightspeed has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, lightspeed must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with lightspeed?
The process to start trading with lightspeed is super simple. You need to begin by signing up on the lightspeed website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but lightspeed are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with lightspeed is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with lightspeed.
The best way to kickstart your trading career with lightspeed is to open a demo account facility before risking any real money
What funding methods do lightspeed accept?
There are multiple methods to finance your account with lightspeed. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must bear in mind that PayPal is not available in all place. The monies lightspeed accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, even though it takes approximately 4-7 days.
Is my money safe with lightspeed?
Yes, your cash is safe and secure with lightspeed. As you already know, lightspeed works with proper conformation to regulations. It has established lots of steps to guard all of its investors.
lightspeed safeguards its clients' personal and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you want to further protect your accounts, you can empower Two-Step Verification as well. It takes an SMS confirmation that you get your accounts.
Is lightspeed trading good?
Yes, trading through lightspeed is a nice and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you could even gain access to a vast selection of educational resources and assistive material to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries do lightspeed support?
lightspeed operates around the world. However, due to regulations lightspeed can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is lightspeed legit?
lightspeed is a legit company headquarted in USA since 2014. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269. lightspeed is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is lightspeed a good broker?
lightspeed is an excellent agent, and its own users may vouch for it. The highlight of the platform is its quick order execution on trades.
You'll discover the clean design of this platform and the admirable features that are pleasant to work with.
Is lightspeed a trustworthy broker?
Yes, lightspeed is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 142,500+ users registered with them can affirm to their trustworthy nature.
Click here to see the lightspeed TrustPilot page
What is the minimum deposit for lightspeed?
The minimum deposit to open a live account with lightspeed is $250
How long do lightspeed withdrawals take?
Normally, withdrawal of money from lightspeed is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from lightspeed to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is lightspeed regulated?
lightspeed are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269
Is lightspeed a market leading broker?
lightspeed is indisputably among the industry leaders. It supports over 142,500+ registered customers and over 8 years of expertise on its record. They are among the world's top trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide range of resources plus tools so that you may put money into capital markets.
Is lightspeed a con?
No, lightspeed is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269 and must adhere to their rules. Thus, it is safe to say that lightspeed is not a scam.
Can you make money with lightspeed?
Using lightspeed, several traders make a lot of money. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem to be a small number, but over the year, it adds to a substantial amount of gains. Even though lightspeed provide you all of the tools to earn money, they cannot guarantee you will profit.
Does lightspeed have fees?
Yes. To start trading with lightspeed, you have to deposit $250. Certain commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.
When was lightspeed founded?
lightspeed was founded in 2014 in USA. lightspeed is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F269.
How many people use lightspeed?
lightspeed is a worldwide recognised broker with 142,500+ customers.
Where is the lightspeed head office?
lightspeed has its head office in USA
Does lightspeed offer negative balance protection?
Yes, lightspeed has Negative Balance Protection. It's specially offered when the industry volatility keeps customers from letting their accounts go into the red. In a situation like this, lightspeed provides the ability to reset a customers account balance to zero.
You should go through the critical conditions on lightspeed's site to understand their policies.
Does lightspeed offer guaranteed stop loss?
lightspeed, regrettably, doesn't provide guaranteed stop loss. lightspeed provides a chance for its dealers to close their trades in their specified price. Apart from this, lightspeed doesn't provide guaranteed stop loss.
Does lightspeed allow scalping?
Yes, lightspeed does allow scalping. Many traders throughout the world select lightspeed for their services that are trading. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Does lightspeed allow hedging?
Yes, lightspeed does allow hedging.
Can you trade energies with lightspeed?
Yes, you can trade energy stocks with lightspeed
Can you trade agricultural shares with lightspeed?
No, unfortunately you cannot trade agricultural stock with lightspeed
Can you trade cryptocurrency with lightspeed?
Yes, you can trade cryptocurrency with lightspeed
Can you trade metals with lightspeed?
Yes, you can trade metals with lightspeed
Can you trade UK Shares with lightspeed?
No, unfortunately you cannot trade UK shares with lightspeed
Can you trade US Shares with lightspeed?
No, unfortunately you cannot trade US shares with lightspeed
Can you trade Japanese Shares with lightspeed?
No, unfortunately you cannot trade Japanese shares with lightspeed
Can you trade German Shares with lightspeed?
Yes, you can trade German shares with lightspeed
Does lightspeed accept bank transfers?
Yes, lightspeed accepts bank transfers for depositing money.
Does lightspeed accept credit cards?
Yes, lightspeed accepts credit cards for depositing money.
Does lightspeed accept PayPal?
Yes, lightspeed accepts PayPal for depositing money.
Does lightspeed accept Skrill?
Yes, lightspeed accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is an online wallet service that was established in 2001. It offers a range of payment options online and transfer services.
Since launch, Skrill has expanded to be available in more than 120 countries, with its digital wallet offered in 40 different currencies. Customers can deposit money into their Skrill wallet using various payment options , including card, bank transfer as well as a variety of alternative payment methods. The funds can then be used to make payments to merchants, others Skrill customers, or converted to cryptocurrency.
Skrill also allows cross-border transactions via its remittance service Skrill Money Transfer. Customers can transfer funds to a bank account overseas with their bank card. In 2015, Skrill became part of the Paysafe Group along with former competitors Neteller and the prepaid payment company paysafecard.
Skrill holds a number of licenses that allow it to provide its services throughout Europe and around the world. Skrill is operated by Paysafe Payment Solutions Limited, which is a company that is registered in Ireland and regulated by Central Bank of Ireland, for its European controlled activities. Skrill's activities outside of the European Economic Area are operated by Skrill Limited - a company incorporated in the United Kingdom and regulated by the Financial Conduct Authority.
Does lightspeed accept Payoneer?
Yes, lightspeed accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. This company is a specialist in cross-border B2B transactions. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does lightspeed accept Neteller?
Yes, lightspeed accepts Neteller for depositing money.
Does lightspeed offer Live Chat customer support?
Yes, lightspeed offers customer support through live chat.
Does lightspeed offer phone customer support?
Yes, lightspeed offers customer support over the telephone.
Does lightspeed offer email customer support?
Yes, lightspeed offers customer support through email.
What languages can lightspeed communicate in?
lightspeed has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does lightspeed have a wikipedia page?
No, lightspeed does not have an official wikipedia page.
Does lightspeed offer demo accounts?
Yes, lightspeed offers demo accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the features before getting a live account.
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