Lightspeed Financial Review
Lightspeed Financial is a US active trading brokerage for stocks, options and futures. It recently cut its account minimum from $25,000 down to $2,500.
Min Deposit
$2.5
Spreads From
$0.0010/share (15M+ monthly volume)
Max Leverage
N/A
Platforms
4
Pros
- FINRA, NFA and SIPC member with a long running professional trading brand
- Cut its account minimum from $25,000 down to $2,500 for US based traders
- AI chat and real time news built directly into the Lightspeed Trader Pro platform
- Choice of four platforms including Sterling Trader Pro and Eze EMS
- Per share commissions as low as $0.0010 for very high volume traders
Cons
- Lowest per share rates need 15 million or more shares traded monthly
- Accounts under $15,000 face a $25 monthly minimum commission fee
- Non US clients need $5,000 to open an account, double the US minimum
- Built for active traders, with little in the way of investor education content
Lightspeed traces back to a 2006 spinoff of Etrade's professional trading platform, and today operates as Lightspeed Financial Services Group LLC, a broker dealer based in Morristown, New Jersey. It targets active traders rather than casual, buy and hold investors.
Its newest platform, Lightspeed Trader Pro, adds an AI chat feature and around the clock access to US markets, alongside Sterling Trader Pro, Eze EMS and a web and mobile app. Traders can access stocks, ETFs, options and futures. Per share pricing starts at $0.0010 for very high volume accounts but rises to $0.0035 for smaller ones, plus a $25 monthly fee under $15,000 balance.
Lightspeed Financial Services Group LLC is a member of FINRA, NFA and SIPC. It recently dropped its account minimum from an old $25,000 style barrier to just $2,500 for US residents and $5,000 for clients opening an account from outside the country.
Min. Deposit
USD 2.5
Spreads From
$0.0010 per share for 15 million plus shares monthly
Platforms
Regulators
Platforms
- FINRA
- NFA (USA)
- SIPC
