SpeedTrader vs Lightspeed Trading
SpeedTrader | Lightspeed Financial |
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3
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4.2
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SpeedTrader is an online stock broker based in New York. Founded in 1999, the brokerage provides direct access trading software to experienced stock traders, with over 25 routing options. The broker is authorized by FINRA and SIPC, providing robust client protection. |
Lightspeed Financial is a SEC-regulated broker specializing in intraday trading on US markets. Traders can access the full range of NYSE stocks plus futures and options via a wide selection of professional-grade trading platforms and discounts for loyal traders. |
Comment by Reviewer | |
"SpeedTrader will suit experienced and active day traders looking for very low fees and advanced platforms, in exchange for a $30,000 minimum deposit." | "High-volume day traders will benefit from Lightspeed Financial's powerful tools and fast execution speeds. The broker stands out for its 15+ high-grade trading platforms." |
Pros | |
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Cons | |
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Instruments | |
Stocks, options, bonds, mutual funds | Equities, options, futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$30,000 | $10,000 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
1 Share | Variable |
Regulator | |
FINRA, SIPC | FINRA, NFA |
Margin Trading | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
Yes | Yes |
Auto Trading | |
No | Yes |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | Yes |
Stock Exchanges | |
Commodities | |
Cryptocurrency | |
Crypto trading not offered | Use Lightspeed Crypto to trade BTC, ETH, BCH, LTC and USDC in pairs with USD with low commissions. On the negative side, the choice of cryptocurrencies is limited vs alternatives like eToro. |
Spread | |
Floating | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
SpeedTrader vs |
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