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ETO Markets , LIGHT FX Broker Comparison
Do you want to know which is the better broker between ETO Markets and LIGHT FX ?
In the table below, you can compare the features of ETO Markets , LIGHT FX side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
8.45
Regulated
Under guarantee
10-15 years
ASIC,FSA
--
AAA
B
492.6
186
186
186
1970
1970
1925
AAA
1
--
1
AA
7 USD/Lot
15.95 USD/Lot
AAA
Long: -43.52
Short: 24.44
A
0.1
21
Pro,Standard
--
$20000
1:500
From 0
0.00
--
0.01
--
6.95
Regulated
Under guarantee
--
5-10 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ETO Markets BrokerRelated News
ETO Markets BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do eto-markets and lightfx have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
eto-markets
| ETO Markets Review Summary | |
| Founded | 2010 |
| Registered Country/Region | Seychelles |
| Regulation | ASIC, FSA (Offshore) |
| Market Instruments | 50+ forex, energies, commodities, precious metals, indices, cryptos and stock CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.7 pips (STD account) |
| Trading Platform | MT4, MT5, CRM APP |
| Social Trading | ✅ |
| Min Deposit | $100 |
| Customer Support | Monday - Friday, 9am - 5pm (Sydney time) |
| Live chat | |
| Tel: +248 4374772 | |
| Email: info@eto.group | |
| Address: No. 20, Abis Centre Providence, Mahe, Seychelles | |
| Regional Restrictions | Afghanistan, Belarus, Central Africa Republic, Crimea, Cuba, Democratic Republic of Congo (DRC), Ethiopia, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Somalia, Sudan, South Sudan, Syria, Russia, Ukraine, United States, Venezuela, Yemen and Zimbabwe |
Founded in 2010, ETO Markets is a forex and CFD forex broker based in Sydney, Australia, providing online solutions for retail and institutional investors in over 100 countries. It is regulated by the AISC and offshore regulated by the FSA. Besides, it offers many live accounts with acceptable minimum deposit requirements and flexible leverage up to 1:500, through MT4, MT5, and CRM APP. However, many residents from some countries and regions have no access to trade with them.
Pros and Cons
| Pros | Cons |
| Regulated by ASIC | Newly established |
| Diverse tradable assets | Offshore regulated by FSA |
| Demo accounts available | Regional restrictions |
| Multiple account types | Unclear payment options |
| Flexible leverage ratios | |
| No commission for most account types | |
| MT4 and MT5 supported | |
| Social trading | |
| Live chat support |
Is ETO Markets Legit?
ETO Markets isregulated by the Australian Securities and Investments Commission (ASIC) and offshore regulated by the Seychelles Financial Services Authority (FSA).
 | The Australian Securities and Investments Commission (ASIC) |
| Regulatory Status | Regulated |
| Regulated by | Australia |
| Licensed Institution | ETO GROUP PTY LTD |
| Licensed Type | Market Making (MM) |
| Licensed Number | 000420224 |
 | The Seychelles Financial Services Authority（FSA） |
| Regulatory Status | Offshore Regulated |
| Regulated by | Seychelles |
| Licensed Institution | ETO Markets Limited |
| Licensed Type | Retail Forex License |
| Licensed Number | SD062 |
What Can I Trade on ETO Markets?
ETO Markets offers 50+ forex, energies, commodities, precious metals, indices, cryptos and stock CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energies | ✔ |
| Commodities | ✔ |
| Precious metals | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stock CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Opening an account with ETO Markets involves five steps, during which you can provide your personal information.
ETO Markets offers four kinds of live accounts: the Pro, Basic, Prime and STD accounts with the minimum deposits of $100.
| Account Type | Min Deposit | Min Trade Size | Stop Out Level |
| PRO | $100 | 0.01 Lot | 50% |
| BASIC | |||
| PRIME | |||
| STD |
Leverage
ETO Markets charge the maximum leverage of 1:500 for each account. Besides, it also provides flexible leverage ratios for various trading products:
| Asset Class | Max Leverage |
| Forex | 1:500 |
| Indices | 1:100 |
| Cryptos | 1:20 |
| Stock CFDs | 1:10 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
ETO Markets Fees
| Account Type | Spread from | Commission |
| PRO | 0.0 pips | $3.5 |
| BASIC | 1.0 pips | ❌ |
| PRIME | 1.7 pips | |
| STD |
Trading Platform
ETO Markets offers a range of trading platforms for their traders including MT4, MT5, and CRM APP.
| Trading Platform | Feature | Suitable for |
| MT4 | Advanced, user-friendly platform for Forex, CFDs, and more | Financial institutions and individual traders |
| MT5 | Supports automated trading, provides market signals based on expert strategies | Experienced traders |
| CRM APP | Facilitates client relationship management; tracks interactions, manages accounts efficiently | Businesses and traders managing client relations |
lightfx
| LIGHT FX Review Summary | |
| Founded | 2002 |
| Registered Country/Region | Japan |
| Regulation | Regulated by FSA (Japan) |
| Market Instruments | Forex, Cryptocurrency |
| Demo Account | / |
| Leverage | Up to 1:25 |
| EUR/USD Spread | Floatig around 0.28 pips |
| Trading Platform | LIGHT FX App, Simple Trader, Advanced Trader |
| Minimum Deposit | 0 |
| Customer Support | Contact Form |
| Tel: 0120-637-105 | |
| Address: Traders Securities Co., Ltd. “LIGHT FX” 28th Floor, Ebisu Garden Place Tower, 20-3 Ebisu 4-chome, Shibuya-ku, Tokyo 150-6028 | |
| Social Media: X | |
LIGHT FX Information
LIGHT FX is a Japan-based broker founded in 2002, regulated by FSA. It offers Forex and Cryptocurrency trading.
Pros and Cons
| Pros | Cons |
| Regulated by FSA | Limited trading assets |
| Multiple trading platforms | No MT4 and MT5 support |
| No commission fee | No demo accounts |
| Allow small amount trading | |
| Physical office proved | |
| Long operation time |
Is LIGHT FX Legit?
LIGHT FX is regulatedby Financial Services Agency (FSA), under トレイダーズ証券株式会社, with license number 関東財務局長（金商）第123号.
| Regulatory Status | Regulated By | Licensed Institution | License Type | License Number |
| Regulated | Financial Services Agency (FSA) | トレイダーズ証券株式会社 | Retail Forex License | 関東財務局長（金商）第123号 |
WikiFX Field Survey
WikiFX field survey team visited LIGHT FX's address is Japan, and we found its office on site, which means the company operates with an physical office.
What Can I Trade on LIGHT FX?
| Trading Instruments | Supported |
| Forex | ✔ |
| Cryptocurrency | ✔ |
| Commodity | ❌ |
| Indice | ❌ |
| Stock | ❌ |
| Bond | ❌ |
| Option | ❌ |
| ETF | ❌ |
Leverage
LIGHT FX offers leverage of up to 1:25, depending on the instrument and account type. Leverage allows traders to control larger positions with smaller capital, amplifying both potential profits and losses.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| LIGHT FX App | ✔ | iOS, Android | / |
| Simple Trader | ✔ | Web (browser-based) | / |
| Advanced Trader | ✔ | Web (browser-based) | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
LIGHT FX does not have a minimum deposit requirement, which is ideal for new investors and those without much capital to put down.
| Deposit Method | Minimum Deposit | Deposit Fee | Deposit Time |
| Bank Transfer | 0 | 0 | Below 24 hours |
The withdrawal service is provided by LIGHT FX, having a minimum withdrawal amount for JPY 2000, with 3 business days of withdrawal time.
| Withdrawal Method | Minimum Withdrawal | Withdrawal Fee | Withdrawal Time |
| Bank Transfer | JPY 2000 | / | 3 business days |
Do eto-markets and lightfx have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive eto-markets and lightfx are, we first considered common fees for standard accounts. On eto-markets, the average spread for the EUR/USD currency pair is From 0 pips, while on lightfx the spread is --.
Which broker between eto-markets, lightfx is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
eto-markets is regulated by ASIC,FSA. lightfx is regulated by FSA.
Which broker between eto-markets, lightfx provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
eto-markets provides the Pro,Standard platform with products like --; lightfx offers the -- platform featuring assets including --.
