Lightspeed trader full#
Lightspeed trader pro#
Lightspeed trader code#
Lightspeed trader professional#
Lightspeed trader free#

Lightspeed was founded in 2006 but in 2018 was bought by Wedbush Securities, an investment firm based in Los Angeles.

If thatвЂ™s what you trade even occasionally, Lightspeed wonвЂ™t be a good choice for you. You canвЂ™t trade currencies, mutual funds or bonds. Even stocks and options cost more than some competitor brokers that offer no-fee trading. There are many fees associated with Lightspeed trading. Other brokers come with virtually no fees, which makes them a better option than Lightspeed. There are many fees associated with IRA accounts with this broker.

Lightspeed trader full#

To get full access, you need to deposit at least $25,000. And this only gives you access to the web trader and not the other trading platforms. You canвЂ™t open an account unless you deposit at least $10,000. You can execute as many as 1,500 trades per second.

Lightspeed trader code#

Those who know C++ can code algorithms for the Lightspeed Trader platform that can execute trades on your behalf. The amount of customization is way better than what you can get with other platforms you can set a button to instantly buy or sell, use different routing options and more. Customize your Lightspeed Trader commands with hotkeys. You also get access to a social sentiment tool and news from.

Lightspeed trader free#

Free access to Tipranks alone saves you $359.40 annually. You can also look for stocks where the bid exceeds the ask price to make trading decisions, which not many brokers offer Identify trading opportunities based on parameters that you define.

Lightspeed trader pro#

For example, the Livevol X is better for options trading, the Sterling Trader Pro platform offers access to level 2 data to help you see where other traders have placed their orders or use the Lightspeed Trader for the best of both worlds. Choose from five platforms based on your needs. Provide your investment objectives and submit the application.Fill out your financial details and trading experience.Select whether you would like to trade options.Select the kind of account you would like to open - Cash, margin/short or day trading margin/short account.Select the pricing model - per share or per trade.Select the account type - individual, joint, LLC, corporate, partnership or IRA.Fill out the application form with the required information.Select Stocks & Options or Futures depending on what you want to trade.Routing fees (if you donвЂ™t use the LSPT routing) Minimum monthly commission for accounts under $15,000 (waived if you meet the $25 threshold with trading fees) Stocks and ETFs per share for active trader accounts.Stocks and ETFs per share for standard accounts.From $2.50 to $4.50, depending on the number of trades.Stocks and ETFs per trade for active trader accounts.Stocks and ETFs per trade for standard accounts.Important: If you qualify for a volume discount, call 88 or send an email to to join the active trader commission group. For example, you start with a $0.0045 fee per share with a $1 minimum, but you can lower this to $0.002 per share if you trade more than a million per month. If your trading volume is in the millions of shares each month, you can join the active trader group and get discounts on your trading. Its trading fees come close to what youвЂ™d pay with some brokers, such as Interactive Brokers, but itвЂ™s a far cry from fee-free brokers. Lightspeed isnвЂ™t the cheapest trading platform. If youвЂ™re managing other peopleвЂ™s money, you can use trade allocations and get multi-account access.

Lightspeed trader professional#

The Eze EMS platform is used by hedge funds, registered investment advisors and professional traders. Depending on the platform, you can see the price where the bulk of the orders are waiting to be executed, giving you insight beyond any price chart. Also, use the Application Programming Interface (API) to convert your trading style into an algorithmic strategy and execute up to 1,500 orders per minute. Customize hotkeys for trade execution and routing options. Some of these venues offer rebates when you add liquidity through them, that is, when you sell shares to the market at a certain price. Lightspeed offers around 25 routing venues, such as NASDAQ, ARCA, BATS, IEX and more. You trade directly on the market, often resulting in a better execution speed and at a better price. But you get discounts for trading high volumes. Trading stocks and options with Lightspeed comes with high fees. Lightspeed is best for active and professional traders who trade stocks in monthly volumes of one million and more. Mutual funds, bonds, currencies and zero-commission ETFs arenвЂ™t available.

Lightspeed offers a separate platform for trading futures. You can only trade stocks, ETFs, options and futures. Despite targeting active and expert traders, Lightspeed offers a limited selection of financial instruments.