


Advanced charting, automated trades, and mobile apps are all available with Lightspeed, but you’ll pay extra for certain functionality.It’s designed to help day traders save money when they make over 250,000 trades per month.


If you are a high-velocity trader who cuts commissions by operating at high trade volumes, then you’ll love Lightspeed.Here are some of the Lightspeed Trading key features that we rounded up for you: However, if you trade in options, investors need to use a separate platform called Livevol X, which has more evaluation and spread options. Their main platform is Lightspeed Trader, a desktop app that can be configured so your tools always start on top. There are a ton of ways to trade using Lightspeed, such as mapping hotkeys to send your orders to the market faster. You can set up infinite hotkey options for fast trades. You can execute all of your orders through this platform, and while it does not have the most streamlined experience, you can customize it to execute your trades fast. Lightspeed Trader is the company’s popular desktop platform. There are several ways to place orders, so you can craft a custom order and duplicate it. In addition, Lightspeed offers Time in Force options that let you pick from all kinds of spreads. The platform was built for active traders who trade a lot (“at the speed of light”). If you deal high volumes and trade options, then you’ll love Lightspeed. Investor Warning: Carefully consider the investment objectives, risks, charges and expenses of Lightspeed or any investment company before investing. If you’re looking for an affordable platform that can handle a high trade volume, Lightspeed could be just the answer. While the cost of trading is low, you’ll need to maintain a higher account minimum than other brokerages. Lightspeed Trading is regulated by both FINRA and NFA and as such the broker is fully regulated for the US markets and will provide a legitimate, safe service. What we can say, however, is that active day traders love Lightspeed because of its ability to execute high-volume trades at lightening-quick speeds. Our home is in finance, which is pretty far from physics. Is that how fast you can trade with Lightspeed? Honestly, we’re not sure. Scientists say the speed of light is around 670 million miles per hour.
#Lightspeed trading platform full
Click here for a full list of our partners and an in-depth explanation on how we get paid. Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Neither our writers nor our editors receive direct compensation of any kind to publish information on. All routing fees/rebates and regulatory fees are charged separately.Ĭommission structure does not apply to Sterling Vol Trader customers, click here for Sterling Vol Trader pricing.Lightspeed Trading Review (2023): Excellent Day Trading Platform NewsletterĪll reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Per-share equities pricing is not available on Lightspeed Web & Mobile. Lightspeed Web & Mobile - minimum commission of $4.50 will be applied to any options order. Eze EMS (formerly RealTick) - minimum commission of $3.00 will be applied to any order.
#Lightspeed trading platform pro
Lightspeed Trader and Sterling Trader Pro - a minimum commission charge will be applied to any order of $0.50 on any discounted per share commissions. Option pricing assumes customer priority status.Ĭommissions: Accounts under $15,000 will be subject to a $25 monthly minimum commission fee, minus any actual commissions charged in the prior month. All stock/ETF pricing listed on this page applies to listed equities only. All rates are subject to ongoing review and may be increased if the client fails to meet the trade/share thresholds listed above. Rebates will not be issued for past activity. You must contact us to request any rate changes. Active Trader Commissions: Active Trader rates are not automatically applied to any account and do not automatically adjust based on monthly volume.
