IG vs Lightspeed Financial - BrokerCue
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Broker Comparison

IG vs Lightspeed Financial

Compare IG and Lightspeed Financial side by side: fees, regulation, platforms.

IG

IG

Active CFD and forex traders

IG is a CFD-focused broker with forex, shares, ETFs, crypto, options and futures, plus web, Android and thirdโ€ฆ

VS
Lightspeed Financial

Lightspeed Financial

High-volume active and professional traders

Lightspeed Financial is a US broker targeting active and professional traders with volume-tiered commissions โ€ฆ

Head-to-head comparison

IG vs Lightspeed Financial
Feature IG Lightspeed Financial
Minimum deposit - -
Stock trading fee US share CFDs: 2 cents per share, $15 minimum online; UK share CFDs: 0.10%, ยฃ10 minimum online; Hong Kong share CFDs: 0.18%, HKD50 minimum online; Euro share CFDs: 0.10%, โ‚ฌ10 minimum online Per-share: from $0.001 (over 15 million shares/month) to standard rate (under 250,000 shares/month); per-trade: from $2.00 (over 10,000 trades/month) to $3.99 (over 250 trades/month); $0.25 minimum per order on Web and Mobile
Regulators FCA, ASIC, BaFin, MAS, FSCA, DFSA, JFSA, CFTC, NFA, BMA FINRA, NFA, SIPC
Best for Active CFD and forex traders High-volume active and professional traders
Markets & account
Stocks
ETFs
Forex
-
CFDs
-
Crypto
-
Bonds
-
Options
Futures
Margin
Business Account
-
Demo Account

Pros & cons

IG

IG

Pros

  • No minimum balance for a CFD trading account
  • Free demo account with $20,000 virtual funds
  • Lower minimum deal sizes for the first 6 weeks
  • No commission to close listed options positions
  • Futures positions have no overnight funding fees
  • Extended hours on over 90 key US stocks
  • Weekend trading on selected indices, FX pairs and crypto

Cons

  • 0.8% FX conversion fee on non-base-currency CFD trades
  • 2.3% third-party card processor charge
  • US share CFDs have a $15 minimum online commission
  • UK share CFDs have a ยฃ10 minimum online commission
  • Daily overnight funding applies to overnight CFD positions
  • $40/month ProRealTime fee unless conditions are met
  • Monthly fees can apply for exchange stock feeds
  • Demo trades exclude slippage, interest and dividend adjustments
Lightspeed Financial

Lightspeed Financial

Pros

  • Volume-tiered stock commissions as low as $0.001 per share
  • Options commissions as low as $0.20 per contract for high-volume traders
  • Multiple professional platforms including Lightspeed Trader Pro, Sterling Trader Pro, and Eze EMS
  • Futures trading available via CQG integration
  • FINRA and NFA member with SIPC protection
  • 10-day demo account available to test platforms
  • ACH deposits and withdrawals are free

Cons

  • $25,000 account minimum for flagship desktop platforms
  • $25 monthly minimum fee for accounts under $15,000
  • Lightspeed Trader Pro software fee of up to $130 per month
  • No fractional shares, no crypto, no forex
  • High minimum balances make the platform inaccessible to casual investors
  • Platform complexity presents a steep learning curve for less experienced traders
  • Margin rates of 11.00% at lower debit balances are above some competitors
IG

IG

IG is a CFD-focused broker with forex, shares, ETFs, crypto, options and futures, plus web, Android and third-party platforms.

Your capital is at risk. Other fees apply.

Lightspeed Financial

Lightspeed Financial

Lightspeed Financial is a US broker targeting active and professional traders with volume-tiered commissions on stocks, ETFs, options, and futures via multiple professional-grade platforms.

Your capital is at risk. Other fees apply.

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