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Pick up to four brokers and quickly spot the differences that change a decision: trust, fees, platforms, withdrawals, restrictions, and notes you should verify.

Built for final-shortlist moments: select brokers, scan the trade-offs, then open the profile for deeper source notes.

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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1
Broker 2
VS field
Lightspeed

lightspeed.com

Options BrokerFutures BrokerETF
Fidelity

fidelity.com

Stock BrokerETF BrokerETF
Decision summary
Overall score
78
91
Trust score
82
100
Cost score
66
89
Platform score
90
94
Withdrawal score
72
89
Best for
Active stock and ETF traders · Options traders · Day traders
Evidence supports Fidelity as a U.S.-focused, highly regulated multi-asset broker for stocks, ETFs, mutual funds, bonds/CDs, options, cash management, managed portfolios, and sepa…
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Needs verification
Needs verification
Trust & regulation
Regulators
Registered with the SEC as a broker-dealer; member FINRA, NFA and SIPC.
Source
Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC.
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License numbers
CRD#: 104369 / SEC#: 8-52843
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FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740.
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Regulated entities
Lightspeed Financial Services Group LLC, U.S. broker-dealer; CRD 104369; SEC 8-52843; member FINRA, NFA and SIPC.
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Primary securities brokerage entities are Fidelity Brokerage Services LLC (FBS) and National Financial Services LLC (NFS), each member NYSE/SIPC; advisory and crypto entities differ by product.
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Negative balance protection
No explicit negative balance protection was found; margin and day-trading disclosures warn clients can lose more than they deposit and be responsible for shortfalls.
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Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations.
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Investor compensation
SIPC member; SIPC coverage available only for securities and cash held in connection with purchase or sale of securities in equities and equities options accounts.
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SIPC coverage up to $500,000/$250,000 cash plus Fidelity excess SIPC; FDIC sweep coverage may apply to eligible cash programs; important exclusions apply.
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Restricted countries
Country-level restricted list not found on official pages; legal disclosure lists Section 311 prohibited entities/banks for which accounts/access cannot be maintained.
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U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found.
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Costs & account conditions
Minimum deposit
Lightspeed Trader Pro from $2,500 for U.S. accounts and $5,000 for non-U.S. accounts; platform comparison lists $5,000 for Trader Pro/Web & Mobile, $25,000 for Sterling/EZE, $30,000 Connect API, $50,000 DAS, $175,000 portfolio margin.
Source
$0 to open a retail brokerage account; Fidelity states no account minimum and ability to invest with as little as $1; exceptions apply by account/product.
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Spread from
Not applicable or not broker-level for this investment-platform profile; review if leveraged products apply.
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Not applicable to Fidelity's core U.S. stock/ETF brokerage model; securities trade by exchange/market prices rather than quoted CFD/FX spreads.
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Commission
Not disclosed in extracted official sources; needs editor review.
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$0 online U.S. stock and ETF trades; $0 online options commission plus $0.65/contract; other product/service fees apply.
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Maximum leverage
Reg T allows borrowing up to 50% of purchase price; portfolio margin may exceed 4:1 intraday/2:1 overnight; futures intraday leverage is discretionary, usually 2:1 and can be as high as 4:1.
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No universal maximum leverage ratio disclosed for Fidelity retail brokerage; margin borrowing is available subject to approval and margin requirements/rates rather than a single max leverage figure.
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Deposit fee
Lightspeed does not charge for ACH transfers and does not charge to receive incoming wire deposits; third-party transfers not accepted.
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$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge.
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Withdrawal fee
ACH withdrawals free; domestic wires $20; international wires $50; standard check free, overnight check $45; outgoing ACAT $95.
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$0 Fidelity fee for EFT and domestic bank wire withdrawals; foreign exchange wire up to 3% of principal; receiving bank may charge.
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Inactivity fee
Accounts below $15,000 are charged a $25 monthly minimum inactivity/minimum commission fee minus actual commissions if they generate less than $25 monthly commissions.
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No explicit inactivity-fee line found in official fee schedule; official account pages state no retail brokerage account fees/no account or subscription fees. Treat as needs manual confirmation before publishing as '$0 inactivity fee'.
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Markets, platforms & payments
Tradable assets
Stocks, ETFs, options, futures, and futures options.
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Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international.
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Trading platforms
Lightspeed Trader Pro, Lightspeed Web & Mobile, Sterling Trader Pro, Lightspeed Connect API, EZE EMS, DAS Trader Pro, and futures platforms including efutures powered by CQG, CQG Trader, CQG One.
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Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic.
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Account types
Individual, Joint, Traditional/Roth/SEP/Rollover/Limited Margin IRA, Corporate, LLC, Partnership, Hedge Funds, Trusts, plus institutional account arrangements.
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Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts.
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Deposit methods
ACH electronic transfers, wire transfers, and account transfers/ACAT; third-party transfers not accepted.
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EFT/ACH, bank wire, check/mobile check, direct deposit, recurring deposit, Fidelity-to-Fidelity/account transfer, transfer of assets, and eligible payment apps.
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Withdrawal methods
Withdrawals by ACH, wire, ACAT transfer to another institution, or check request.
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EFT/ACH, bank wire, paper check, Fidelity-to-Fidelity transfers, third-party/person-to-person transfers and eligible debit card/ATM access.
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Withdrawal processing time
ACH transfers take 2 business days; withdrawal requests received by 2:30 PM ET are processed same day; wires usually received same business day; checks take 3-5 business days after same-day processing.
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EFT withdrawals 1-3 business days; bank wire same day if submitted by 4 p.m. ET; paper check about 5-6 days.
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BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.