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GSI Markets , LIGHT FX Broker Comparison
Do you want to know which is the better broker between GSI Markets and LIGHT FX ?
In the table below, you can compare the features of GSI Markets , LIGHT FX side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- 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
1.59
Not Regulated
Under guarantee
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5-10 years
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6.95
Regulated
Under guarantee
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5-10 years
FSA
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BrokerRelated News
GSI 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 gsi-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
gsi-markets
| GSI Markets Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instrument | forex |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Proprietary platform |
| Minimum Deposit | $250 |
| Customer Support | Live chat, Contact form |
| Tel: +44 203 150 1767, +55 213 50 01808, +56 323 820157, +57 601 5084160, +502 237 84653, +52 554 164 2450 | |
| Email: info@gsimarkets.com | |
| Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960 | |
| Facebook, Twitter, YouTube, telegram | |
GSI Markets Information
GSI Markets is an unregulated broker, offering forex trading on its proprietary platform. The minimum deposit requirement is $250.
Pros and Cons
| Pros | Cons |
| Demo accounts | No regulation |
| Multiple account types | Limited trading markets |
| Popular payment options | Unclear fee structure |
| No deposit and withdrawal fees | No MT4/MT5 platform |
| Live chat support | High minimum deposit |
Is GSI Markets Legit?
No. GSI Markets currently has no valid regulations. Please be aware of the risk!
What Can I Trade on GSI Markets?
GSI Markets specializes in forex trading.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
GSI Markets offers Silver ECN account, Gold ECN account, and Platinum ECN account. Besides, demo accounts are also available.
| Account Type | Minimum Deposit |
| Silver ECN | $250 |
| Gold ECN | $250 |
| Platinum ECN | $250 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
GSI Markets accepts payments via credit cards, e-Wallets, and wire transfers.
| Payment Options | Minimum Deposit | Deposit/Withdrawal Fees | Deposit/Withdrawal Time |
| Credit Cards | $250 | None | within few minutes |
| e-Wallets | $250 | None | within few minutes |
| Wire Transfers | $250 | None | 7 business days |
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 gsi-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 gsi-markets and lightfx are, we first considered common fees for standard accounts. On gsi-markets, the average spread for the EUR/USD currency pair is -- pips, while on lightfx the spread is --.
Which broker between gsi-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.
gsi-markets is regulated by --. lightfx is regulated by FSA.
Which broker between gsi-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.
gsi-markets provides the -- platform with products like --; lightfx offers the -- platform featuring assets including --.
