Some of the best offers typically are provided by Scottrade, TD Ameritrade, Betterment, Motif, Tradeking and OptionsHouse. Offer available to new customers who utilize any of their DMA trading platforms (Lightspeed Trader, Sterling, or RealTick)įor the best brokerage promotions, see our listing here.Open a new account and Lightspeed will rebate 50% of your equities and options commissions for the first three months up to $10,000 cash back. Lightspeed Promotion: Up To $10,000 Cash Back There is also a lack of learning materials for new investors. All of these factors aren’t going to help an individual learn how to trade effectively as they might focus more on learning the program than learning to trade. There have been numerous customers that have complained about their customer service, the complicated interface, and the trader oriented pricing scheme. If you’re looking for a trading platform that is going to accommodate beginner traders, Lightspeed isn’t the platform to consider (you may like TD Ameritrade’s free ThinkorSwim). There are also a variety of fees pertaining to IRA accounts, which isn’t beneficial for retirement investors. If your account has less than $15,000 in it every month, you will be charged an additional $25/month. Although we are working hard to expand our platform, and the extent of data we use and process, at the current time the Lightspeed trading platform is not. Unfortunately over time, the fee can make it far too expensive for small investors to even consider using the program. One of the most common fees that you might experience if you are a small balance trader is an additional Minimum Commission Fee. Lightspeed Trader is a powerful multi-asset platform that leverages the latest trading technologies to trade stocks and options efficiently. As a bonus, their platform is both desktop and mobile-friendly, making on-the-go trading even easier. Lightspeed Trader fast execution trading platform Our flagship trading platform is perfect for active and professional traders looking for reliability, performance, and speed. Investors get access to ultra-low commissions, fast execution speeds of up to 4.5 microseconds, and a whole suite of advanced trading tools. The main thing to consider is that to have access to the Lightspeed Trader platform, you will need at least $25,000 in your account on a monthly basis, making it un-affordable for some groups of traders. Lightspeed Trading is lightning-fast and definitely worth the price. For example, the Lightspeed Trader platform is the most popular and offers customizable software, high performance, and more. Learn how to take advantage of the charting tools, customize the toolbar, execute orders, positions, and more. Watch more videos to learn trading fundamentals and advanced concepts. Every year they are adding more platforms to enhance the convenience of their users. Trading platform tutorials Lightspeed Trader. The most noteworthy benefit of Lightspeed is the fact that it offers a substantial amount of trading platforms, far more than any other company in the industry to date.
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