The streamlined, intuitive navigation makes it simple for users to build and trade complex options, with the ability to create a “multi-legged” order ticket to support your strategy. Non-professional users are not required to pay any monthly market data fees, allowing them to make the most of their money. Professional and active traders looking to maximize their profits want the lowest commissions on the market, and they’ll find them here at Lightspeed. See the Active Trader Commissions tab to see if you qualify. Lightspeed, with its regular stock trades costing $4.50, is more expensive than SpeedTrader's rate of $4.49 per trade. LightSpeed has a lot of positive tweets and good reviews all around the web. Commission spend applies towards this fee, so if a trader spends at least $130 in … Under per … Monthly software fee: $130. You can control cookies through your browser settings. Less frequent traders can choose either a flat fee of $4.50 per trade, or a per-share rate of $0.0045 (for the … Unlike traditional brokerage firms that may charge exorbitant fees, we offer incredibly low commission rates per share, allowing traders to keep more of the money they earn in their pocket. How does fees … All Rights Reserved. Lightspeed offers low commissions on options, allowing both occasional and frequent traders to take advantage of competitively-priced options. See our funding minimums and platform fees. With options, the base fee is $0 for both E*TRADE and Lightspeed. All Rights Reserved. On Lightspeed Web & Mobile, minimum commission of $4.50 will be applied to any options … Reg-T and Cash accounts only Every customer gets $500,000 worth of insurance from SIPC. Day traders will also enjoy the benefits of some of the lowest trading fees currently available on equities and options. Lightspeed's going rate is $1.29 per side, and it has multiple platforms to serve futures traders. $2.50 per trade over 10,000 trades, $2.75 over 3000 trades, $3.00 over 1500 trades, … +!130 platform fee, +$10 data fee, +$55 data fee for complete level 2 data, +routing … Accounts under $15,000 will be charged a $25 monthly minimum commission fee, minus any actual commissions charged in the prior month. Please find more information on the cookies used on our site in our Privacy Policy. While the standard fee is an already low $0.60 per … Mobile trading only The broker will rebate some of this fee based on the prior month’s trading fees. There is no software charge or fee to use or access the platform. While the standard fee is an already low $0.60 per contract, active traders who trade more than 500 contracts per month will qualify for even lower rates. We offer highly competitive low commission trading with tiered pricing based on volume. But I think they may have a monthly platform fee as I pay $29/month for my day trading account for data access fees… Clients who meet monthly trading volume thresholds qualify for our Active Trader Commission Group and can benefit from deeply discounted commissions. By clicking OK, you agree to allow us to collect information through cookies. All option pricing assumes customer priority status. Lightspeed Web/Mobile Trader. At Lightspeed they charge $0.50/contract with no minimum commission and $0.40 per 100 shares traded. Click here for Livevol X pricing. Monthly software fee: $0. It is a member of FINRA, the SEC, and SIPC. Looking at options, the base fees charged are the same for both brokers, $0. Lightspeed offers two commission schedules. There is a $1 minimum per order on this plan. Livevol X. Fee: Additional Details: All Equities, Smart Routed (SMRT) Free: All Equities, Direct … Per-share equities pricing not available on Lightspeed Web & Mobile. For options traders, the Livevol X Options Trading platform is the best choice. Sterling Trader Pro Sterling Trader Pro is a full-featured Level II direct access trading platform designed for professionals who work with the rapidly moving electronic markets. How do software fees work for Warrior Pro students? Core market session only Lightspeed has famously low trading fees. With Lightspeed you’ll never find a complicated or cryptic fee on your statement. 10.00 per trade for OTCBB Yes, you can use the Lightspeed trading platform in the UK to trade stocks, ETFs and derivatives instruments like futures & options. Lightspeed offers a tiered commission system that benefits frequent traders. Those who trade in excess of 100,000 contracts per month will pay merely $0.20 per contract. Individual and Joint Accounts only Even options strategies that include straddles, strangles and butterflies can quickly be built and traded. Pros: Extremely Fast Executions, Very Cheap Per Share Pricing or Flat Fee if you choose, Everything I need in LSTrader Platform, Amazing Customer Service, Email Support Possible Cons: Minimum monthly commission on LSTrader, Market Data Fees, Higher Initial Funding Minimums I have been using Lightspeed … Incorrect info about lightspeed fees. What about E*TRADE vs Lightspeed pricing? Lightspeed… Thinkorswim vs LightSpeed Summary thinkorswim and Lightspeed’s suite of trading platforms both offer many great tools. Insurance and Regulation Lightspeed is headquartered in New York. The broker pledges, low latency, high-speed order … The charge is equal to the per share rate * 100. All stock/ETF pricing listed on this page applies to listed equities only. You can control cookies through your browser settings. Lightspeed offers low commissions on options, allowing both occasional and frequent traders to take advantage of competitively-priced options. The company also offers a lot of educational materials; so beginners should definitely sit up and take notice. On Lightspeed Trader and Sterling Trader Pro, a minimum commission charge will be applied to any order of less than 100 shares. Copyright © 2001-2020, Lightspeed, LLC. Once your account is set to any Active Trader Commission Group rate, you will be charged that rate on all shares traded going forward. Non-professional market data only To compare the trading platforms of both Lightspeed … Lightspeed charges $4.50 per stock trade which is $4.50 more than E*TRADE which charges customers $0 per trade. What charting can be combined with Lightspeed? U.S. The users seem to be very happy with the overall services; specifically, Twitter, which is often used as a stage for complaints, has a lot of people recommending and complimenting Lightspeed on the platform… For more information, please read our privacy policy. For example, if you trade over 1,000,000 shares per month and qualify for the $.0025 per share rate, you will be charged only $.0025 per share on all shares traded, not just those in excess of 1,000,000 in any given month. Are the scanners included in the monthly fee? New webinars are regularly posted, and previous webinars are available to listen to or download at the user’s convenience. So if you end up paying $130 or more per month in commission fees, you won’t be charged anything extra for the platform. However, Lightspeed charges $325 per month for this platform. We frequently post live webinars to keep traders abreast of all the latest industry information, including topics such as ETF trading, options trading and technical analysis. Domestic retail, non-professionals are able to trade unlimited U.S. listed equities and ETFs commission free when joining the Lightspeed Lite program using the Lightspeed Mobile platform. Lightspeed are an a global online financial trading platform and multi asset broker founded in 2008. How do software fees work with the 10K Promo? By clicking OK, you agree to allow us to collect information through cookies. What is Lightspeed? On Eze EMS (formerly RealTick), a minimum commission of $3.00 will be applied to any order. * These commission rates do not apply to Livevol X customers. Platform fees and misc charges: The Lightspeed Trader platform charges a $130 software fee each month. All rates subject to ongoing review and may be increased if clients fail to meet the trade/share threshholds listed above. *No market data fees for non-professional users on Lightspeed Web & Mobile or Livevol X. The software is available for free for options traders. Trading Basics Powered by Warrior Trading. Lightspeed charges … Copyright © 2001-2020, Lightspeed, LLC. Call for OTCBB/Pink sheet rates. Lightspeed’s flagship software platform, Lightspeed Trader, allows day traders to take full advantage of low-priced options. Users can set up their screen to show the information most pertinent to them, and save the profile for consistent appearance across all of their devices. We offer competitive rates and our … Lightspeed: Platform, Fees, Apps, Commissions The platform offers some of the lowest costs and its among the best for day and options trading. Our website uses cookies to improve the performance of our site, to analyze the traffic to our site, and to personalize your experience of the site. The cost of the minimum amount required is … No rebates will be issued for past activity. The low commission rates are based on a tiered pricing package that varies according to the volume of stocks that you trade. On Lightspeed Trader and Sterling Trader Pro, a minimum commission of $1.00 will be applied to any order. Lightspeed Trading charges a $130 monthly fee for their desktop platform – although it is reduced by the amount that you pay in commission fees. Which trading platform is better: Lightspeed or TD Ameritrade? Lightspeed Futures Lightspeed is one of only a handful of brokers to offer comprehensive futures trading access. With some of the lowest trading fees of any online brokerage firm, Lightspeed helps traders make the most of their investment. Monthly software fee… All routing fees/rebates and regulatory fees are charged separately. Please find more information on the cookies used on our site in our Privacy Policy. EQUITIES/OPTIONS FUNDING Please note the following minimum funding requirements for new accounts: $25,000 if using the Lightspeed Trader, Eze EMS (formerly RealTick) or Sterling Trader Pro platform $10,000 if using the Web Trader platform $175,000 for a Portfolio Margin Account $25,000 if using Livevol X platform … You must contact us to request any rate changes. Commission spend applies towards this fee, so if a client spends atleast $130 in commissions, the … Over 12 years later Lightspeed has grown to offering retail investors Forex trading, CFD trading, and Share Dealing trading.. Lightspeed … by Richard C, 6/1/2017 . A per-share plan charges $0.001 to $0.0045 per share, depending on monthly volume. The Lightspeed Web/Mobile trader is web-based and comparable to Lightspeed Trader. Not only does Lightspeed offers competitively low commission rates, but we also have resources available to assist both novice and professional traders in making solid investment choices. Any trade placed on this platform has a $3 minimum … On Lightspeed Web & Mobile, minimum commission of $4.50 will be applied to any options order. Option … Our website uses cookies to improve the performance of our site, to analyze the traffic to our site, and to personalize your experience of the site. You must contact us at 888-577-3123 or [email protected] to join the Active Trader Commission Group and determine the rate for which you may qualify. What is the monthly software charge for the Lightspeed Trader platform? Clients who meet monthly trading volume thresholds qualify for our Active Trader Commission Group and can benefit from deeply discounted commissions. The only thing you can expect is a $15 chargeback fee, should one even occur at all. Lightspeed also has a supplem… Your privacy is our priority. In fact, Lightspeed's fees drop considerably for high-volume traders. Lightspeed remains a consistent favorite brokerage firm among active traders because our commissions and fees are significantly lower than many competitors. Monthly Software Fee: $130: $230-$260: $250: $325: FREE: Software Fee Rebate Eligible: Monthly Market Data Fees: Variable: Variable: No* Variable: No* Reg-T / Cash Account Minimum: $25,000: $25,000: $25,000: $25,000: $10,000: See Commissions and Funding Minimums per Platform. Account Minimum: $15,000 Furthermore, Lightspeed Trader has extensive customization compared to competitor software. Trading Basics Powered by Warrior Trading. Includes advanced pinpoint … Options traders may also enjoy the power and versatility of the Livevol X Options Trading platform, which offers advanced options trading capabilities and offers sophisticated risk analysis tools. Pricing & Promotions. Discounted rates are not automatically applied to any account and do not automatically adjust based on monthly volume. Customer Priority Options only. $4.5 / trade OR $0.0045 / share not both, you chose at account opening. Residents only Thinkorswim: $0 commissions + transfer fee reimbursement. Min balance fee of $35/month for under $15,000 With this article, you should now be able to choose whichever platform … Eze EMS (formerly RealTick) is a desktop platform for active futures, stock and options traders. LightSpeed Trading: none right now. Fees vary depending on the number of trades. Whether a professional or new trader, you will be able to take advantage of the cheapest trading fees … Note: the Lightspeed Trader platform charges a $130 software fee each month. Lightspeed is a U.S.-based brokerage firm with low commissions and several trading platforms to choose from. On volume allowing them to make the most of their money an a global online financial trading and... Available to listen to or download at the user ’ s trading fees are available listen. Pricing package that varies according to the volume of stocks that you trade broker founded in 2008 charge equal... At account opening it is a $ 15 chargeback fee, minus any actual commissions in... 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