B

Finpro

5.6/10

lightspeed

8.3/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Finpro was founded in 2008 and is headquartered in GRENADINES, while lightspeed was established in 2014 and is based in USA. Finpro holds licences including Unregulated, while lightspeed is regulated by Financial Conduct Authority (FCA) among others. Finpro serves 10,000+ clients worldwide; lightspeed has 142,500+. The minimum deposit is $0 at Finpro and $250 at lightspeed.

lightspeed wins this category
FeatureFinprolightspeed
Min. Deposit$0$250
RegulationUnregulatedFinancial 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
Founded20082014
CountryGRENADINESUSA
Clients10,000+142,500+

Fees

Fees are a critical factor when choosing between Finpro and lightspeed, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $250 at lightspeed). lightspeed charges withdrawal fees while Finpro does not, giving Finpro an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Finpro scores higher on fees in our assessment.

Finpro wins this category
FeatureFinprolightspeed
Min. Deposit$0$250
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Finpro offers MT4, 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 Finpro does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureFinprolightspeed
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, 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 Finpro and lightspeed compare. lightspeed runs regular live webinars; Finpro does not. lightspeed has a video library; Finpro does not. lightspeed publishes daily market commentary; Finpro does not. lightspeed integrates third-party research tools (Trading Central, Autochartist); Finpro does not. lightspeed maintains an archive of past webinars for on-demand viewing. lightspeed scores higher overall in education and research.

lightspeed wins this category
FeatureFinprolightspeed
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Finpro 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.

lightspeed wins this category
FeatureFinprolightspeed
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finpro and lightspeed offer live chat support. Both provide phone support. Email support is available at both brokers. Finpro supports 2 languages and lightspeed supports 8, giving lightspeed broader global reach. Both brokers are comparable on support quality.

Tied
FeatureFinprolightspeed
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic