Pepperstone vs lightspeed, Who's Better?
Read our In-Depth Pepperstone vs lightspeed Review - Updated for 2024
This review comparing Pepperstone and lightspeed has been revised for 2024 by knowledgeable insiders boasting considerable expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Pepperstone vs lightspeed does not apply to all countries as follows:
Pepperstone Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
lightspeed Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Pepperstone vs lightspeed
All trading platforms has certain pros and cons, so any comprehensive analysis of Pepperstone vs lightspeed cannnot be complete without embracing an objective perspective.
Compare lightspeed and Pepperstone in order to understand how these platforms line up to each prior to you choose to open an account. Performing a comparative analysis helps to place factors in perspective to ensure that you remain aware of the expectations.
So you are looking for a broker and are choosing between Pepperstone or lightspeed. Who should you choose?
This Pepperstone vs lightspeed comparison contains the latest information so you can easily compare lightspeed against Pepperstone.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll get adept at all the concepts of brokerage since you continue trading. For starters, you need to choose the ideal broker who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. Pepperstone and lightspeed are two such trading platforms which will take you and your investment to great heights. It's important that you compare Pepperstone vs lightspeed before you trust them with your cash.
Our Pepperstone vs lightspeed comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Pepperstone and lightspeed side by side.
Our entire Pepperstone vs lightspeed Review covers everything you will need to learn about trading with either Pepperstone or lightspeed. A good agent can multiply your first investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing goals.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
Pepperstone and lightspeed are both brokers that have paved their way successfully into the broker world. In this review, we have attempted to collate a number of the vital aspects of both Pepperstone and lightspeed. This review will help you to know whether either lightspeed or Pepperstone is a good fit for your own investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Benefits of Pepperstone and lightspeed Compared
Pepperstone offers a minimum deposit of $200 while lightspeed has a $250 minimum deposit.
Why smaller minimum deposits are good and how Pepperstone and lightspeed compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Pepperstone has around 100 financial instruments whilst lightspeed has around 100 financial instruments available.
The more instruments you can trade on the Pepperstone and lightspeed trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Pepperstone or lightspeed.
Pepperstone and lightspeed Contact Details
Being able to contact an online trading platform through many ways is important. Pepperstone and lightspeed have the following contact details and social medias that you can use.
Broker | Pepperstone | lightspeed |
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Telephone Number | +44 203 807 4724 | +1 888-577-3123 |
support@pepperstone.com | info@lightspeed.com | |
Address | 70 Gracechurch St, London, EC3V 0HR | 1001 Avenue of the Americas, Fl 16, New York City, New York 10018, US |
Pepperstone Twitter Account | lightspeed Twitter Account | |
Pepperstone Facebook Page | lightspeed Facebook Page | |
Pepperstone Instagram Account | lightspeed Instagram Account | |
Pepperstone LinkedIn Page | lightspeed LinkedIn Page | |
YouTube | Pepperstone YouTube Channel | lightspeed YouTube Channel |
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lightspeed and Pepperstone Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Pepperstone and lightspeed we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Pepperstone vs lightspeed - Awards
Broker | Pepperstone | lightspeed |
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Awards |
Pepperstone have won a lot of industry awards over the time they have been operating as an online broker. We detail the most recognised awards for Pepperstone here.
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At the time of writing this lightspeed review, and despite lightspeed’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Pepperstone vs lightspeed - Frequently Asked Questions
Pepperstone vs lightspeed - Headquarters And Year Of Founding
Pepperstone was founded in 2010 and has its headquaters in Australia.
lightspeed was founded in 2014 and has its headquaters in USA.
What is the minimum deposit for lightspeed or Pepperstone
The minimum deposit for Pepperstone is $200.
The minimum deposit for lightspeed is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Pepperstone and lightspeed are a good choice.
Pepperstone vs lightspeed - Regulation And Licencing In More Detail
Pepperstone 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-F217.
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.
Both Pepperstone and lightspeed have a powerful collection of rules for ensuring fair trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Pepperstone vs lightspeed Commission And Fees
Pepperstone and lightspeed are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. That is, 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 prices of varying rates for a variety of services to earn money. There are mainly three types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In these instances, you are paying a spread, financing speed, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people who are billed when you hold a leveraged position for longer than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither Pepperstone or lightspeed charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, such as daily or weekly trading.
However, non-trading fees billed by Pepperstone and lightspeed are relatively lower. Consequently, you are charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not about the sale and purchase of resources.
This Pepperstone vs lightspeed review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Pepperstone And lightspeed
What Languages Do Pepperstone And lightspeed Support?
Being able to talk easily with your trading broker is a key element when comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Below you will find all the languages that both Pepperstone and lightspeed support.
How Many Clients Do Pepperstone and lightspeed Have?
Both Pepperstone and lightspeed are well established with their client base. It is really important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients Pepperstone and lightspeed are working with
What Payment Methods Do Pepperstone and lightspeed Accept?
Pepperstone and lightspeed both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Pepperstone and lightspeed
What Can You Trade With Pepperstone and lightspeed?
Pepperstone offers 100 trading instruments while lightspeed offers 152.
Below you will find a full breakdown of what both Pepperstone and lightspeed offer.
Pepperstone Review
Pepperstone vs lightspeed:
Table Of Contents
- Compare Pepperstone vs lightspeed
- Benefits of Pepperstone and lightspeed Compared
- lightspeed and Pepperstone Mobile App Comparison
- Pepperstone vs lightspeed - Awards
- Pepperstone vs lightspeed - Frequently Asked Questions
- What is the minimum deposit for lightspeed or Pepperstone
- Pepperstone vs lightspeed - Regulation And Licencing In More Detail
- Compare Broker Fees For Pepperstone And lightspeed
- What Languages Do Pepperstone And lightspeed Support?
- How Many Clients Do Pepperstone and lightspeed Have?
- What Payment Methods Do Pepperstone and lightspeed Accept?
- What Can You Trade With Pepperstone and lightspeed?