ThinkMarkets vs lightspeed, Updated for 2022
ThinkMarkets Rating: 8.03 / 10
lightspeed Rating: 6.80 / 10
71.89% of retail investor accounts lose money when trading CFDs with this provider.
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ThinkMarkets vs lightspeed Guide
Read our In-Depth ThinkMarkets vs lightspeed Review - Updated for 2022
This ThinkMarkets vs lightspeed review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this ThinkMarkets vs lightspeed review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
lightspeed Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a professional broker and are choosing between ThinkMarkets or lightspeed. Who is better in 2022?
This ThinkMarkets vs lightspeed review contains the latest information so you can easily compare lightspeed against ThinkMarkets.
If you are a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of broker since you continue trading. For starters, you have to select the ideal agent who'll be clear with you constantly.
In 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 create hefty returns. ThinkMarkets and lightspeed are just two such platforms which will take you and your investment to great heights. It is crucial that you compare ThinkMarkets vs lightspeed before you trust them with your money.
Our ThinkMarkets vs lightspeed comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and lightspeed side by side.
Our entire ThinkMarkets vs lightspeed Review covers everything you will need to learn about trading using either ThinkMarkets or lightspeed. A fantastic agent can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
ThinkMarkets and lightspeed are both brokers that have forged their way successfully to the broker world. In this review, we've attempted to collate a number of the vital facets of both ThinkMarkets and lightspeed. This review will allow you to understand whether either lightspeed or ThinkMarkets is a good fit for your investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Compare ThinkMarkets vs lightspeed
Every online trading system will have a few pros and cons, and no ThinkMarkets and lightspeed review would be complete without showing both sides. Compare ThinkMarkets and lightspeed to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of ThinkMarkets and lightspeed Compared
ThinkMarkets offers a minimum deposit of $0 while lightspeed offers a $250 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets 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.
ThinkMarkets has around 1500 financial instruments whilst lightspeed has around 1500 financial instruments on their platform.
The more instruments you can trade on the ThinkMarkets and lightspeed 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 seriously do not want to miss out on a trading opportunity due to the limitations of ThinkMarkets or lightspeed.
ThinkMarkets and lightspeed Contact Details
Being able to contact a broker easily is vital. ThinkMarkets and lightspeed have the following contact details and social medias that you can use.
|Telephone Number||Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975||+1 888-577-3123|
|Address||Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom||1001 Avenue of the Americas, Fl 16, New York City, New York 10018, US|
|ThinkMarkets Twitter Account||lightspeed Twitter Account|
|ThinkMarkets Facebook Page||lightspeed Facebook Page|
|ThinkMarkets Instagram Account||lightspeed Instagram Account|
|ThinkMarkets LinkedIn Page||lightspeed LinkedIn Page|
|YouTube||ThinkMarkets YouTube Channel||lightspeed YouTube Channel|
|Find Out More||
lightspeed and ThinkMarkets 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.
This part of comparing ThinkMarkets and lightspeed will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
ThinkMarkets vs lightspeed - Awards
ThinkMarkets have won a lot of industry awards over the years they have been operating as an online broker. We show the most notable awards for ThinkMarkets here.
|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||
ThinkMarkets vs lightspeed - Frequently Asked Questions
ThinkMarkets vs lightspeed - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
lightspeed was founded in 2014 and has its headquaters in USA.
What is the minimum deposit for lightspeed or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for lightspeed is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both ThinkMarkets and lightspeed are a good option.
ThinkMarkets vs lightspeed - Regulation And Licencing In More Detail
ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles .
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 ThinkMarkets and lightspeed have a strong set of rules for ensuring honest trading onto their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare ThinkMarkets vs lightspeed Commission And Fees
ThinkMarkets and lightspeed are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. That is, an online broker is not necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly three different types of penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you are paying a spread, funding speed, or a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are billed for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither ThinkMarkets or lightspeed charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often trade, for example weekly or daily trading.
However, non-trading fees billed by ThinkMarkets and lightspeed are relatively lower. Consequently, you are billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of assets.
This ThinkMarkets vs lightspeed review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And lightspeed
What Languages Do ThinkMarkets And lightspeed Support?
Being able to communicate easily with your trading broker is a key element when comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both ThinkMarkets and lightspeed support.
How Many Clients Do ThinkMarkets and lightspeed Have?
Both ThinkMarkets and lightspeed are well established with their client base. It is important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users ThinkMarkets and lightspeed are active on their platform
|Clients / Users||475,000+||142,500+|
|Find Out More||
What Payment Methods Do ThinkMarkets and lightspeed Accept?
ThinkMarkets 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 ThinkMarkets and lightspeed
What Can You Trade With ThinkMarkets and lightspeed?
ThinkMarkets offers 1500 trading instruments and lightspeed offers 152.
Below you will find a full breakdown of what both ThinkMarkets and lightspeed offer.
Compare ThinkMarkets To All Other Brokers
Compare lightspeed To All Other Brokers
ThinkMarkets vs lightspeed:
Table Of Contents
- Compare ThinkMarkets vs lightspeed
- Benefits of ThinkMarkets and lightspeed Compared
- lightspeed and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs lightspeed - Awards
- ThinkMarkets vs lightspeed - Frequently Asked Questions
- What is the minimum deposit for lightspeed or ThinkMarkets
- ThinkMarkets vs lightspeed - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And lightspeed
- What Languages Do ThinkMarkets And lightspeed Support?
- How Many Clients Do ThinkMarkets and lightspeed Have?
- What Payment Methods Do ThinkMarkets and lightspeed Accept?
- What Can You Trade With ThinkMarkets and lightspeed?