Bulbrokers
lightspeed
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while lightspeed was established in 2014 and is based in USA. Bulbrokers holds licences including Financial Services Authority (FSA), while lightspeed is regulated by Financial Conduct Authority (FCA) among others. Bulbrokers serves 10,000+ clients worldwide; lightspeed has 142,500+. The minimum deposit is $100 at Bulbrokers and $250 at lightspeed.
| Feature | Bulbrokers | lightspeed |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Services Authority (FSA) | 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 |
| Founded | 2000 | 2014 |
| Country | Bulgaria | USA |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and lightspeed, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $250 at lightspeed). lightspeed charges withdrawal fees while Bulbrokers does not, giving Bulbrokers an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Bulbrokers scores higher on fees in our assessment.
| Feature | Bulbrokers | lightspeed |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bulbrokers offers MT5, cTrader, while lightspeed supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. lightspeed supports social and copy trading features, which Bulbrokers does not offer. lightspeed edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | lightspeed |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and lightspeed compare. lightspeed runs regular live webinars; Bulbrokers does not. lightspeed has a video library; Bulbrokers does not. lightspeed publishes daily market commentary; Bulbrokers does not. lightspeed integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. lightspeed maintains an archive of past webinars for on-demand viewing. lightspeed scores higher overall in education and research.
| Feature | Bulbrokers | lightspeed |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while lightspeed supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). lightspeed uniquely supports PayPal and Skrill and Neteller among the two brokers. lightspeed scores higher on deposit and withdrawal flexibility.
| Feature | Bulbrokers | lightspeed |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers and lightspeed offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and lightspeed supports 8, giving lightspeed broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | lightspeed |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |