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Lightspeed Online Brokerage Reviews: Make Informed Decision
CompareBroker aims at helping traders to help investors to choose the Best Stock Broker. We partner with different online stock brokers and bring out their value proposition to consumers for a fair comparison. Experts suggest to consider opening multiple accounts... read on to find out why!
 
Top Pick In Category
Lowest Cost Broker for Frequent Traders - Based on Latest Barron's Ratings

Lowest Cost broker for frequent traders

Highest Ranking for Frequent Traders

Lightspeed will refund 50% of your commissions on qualifying trades, up to $10,000. use promo code "10kback"

Automated Trading

Social networking community for Lightspeed customers

No ticket charges, No trade minimums

Maintenance Fee: $0 Simple Options fee per contract): 0.50 per contract
Minimum balance: $2,000 in equity during promotional period Stocks Purchase Fee: $0.00395 Per Share
    Minimum no. of trades/quarter: 0
 
Apply Here   More Info   Reviews
 
 

UPDATE [5/8/2010]

Lightspeed has received 4.5 out of 5 rating on following two categories from Barron's:

1.Highest Ranking for Frequent Traders

2.Lowest Cost broker for frequent trader 

Lightspeed Trading Editor Review

Lightspeed trading is known for offering a feature rich trading platform as well as low latency. You can also enjoy direct access to exchanges. The Lightspeed servers are placed in NASDAQ's data center, which rarely faces a down time. Lightspeed monitors its equipment 24 hours a day and 7 days a week and makes sure they are upgraded to the best possible configuration. Your Lightspeed trading experience will always be very fast and reliable at the same time.

Advantages of Lightspeed Trading Brokerage

The relationship managers can be easily accessed through live chat, phone or email. They have all received comprehensive training on the Lightspeed trader platform; therefore all your questions will always be answered in a professional and detailed manner. Many online discount brokers failed to provide this kind of customer service and that’s the main reason for Lightspeed's popularity.

The company provides many value added tools by collaborating with some of the prominent content and data providers in the market. Lightspeed customers also get access to an exclusive social community which helps you get a better perspective of opportunities available in the market.

Compared to $4.95 for 100 shares charged by TradeKing and $7 charged by Scottrade, Lightspeed charges only $0.40 for every hundred shares traded. Lightspeed is an ideal broker for option traders too. You would have to pay any ticket charges and there are no minimums involved on options trades either. Lightspeed only charges you $0.50 for a contract whereas other big names charge you more than $10.

History of Lightspeed

Located in New York, Lightspeed has been operating for the past eight years. In the area of risk management services and real time trading, the Lightspeed trading house is no less than a pioneer. It has gained immense popularity due to its personalized investment services.

Latest Offers from Lightspeed Trading

Lightening Fast Speed Becomes Even Cheaper
Lightspeed Latest Offer to refund 10,000$

 
Zecco
FREE Stock Trades every month
Lightspeed
Get $10,000 CASH BACK
Tradeking
Receive up to $150 in transfer fees when you switch to TradeKing
Options Xpress
One Account, Maximum Control
Scottrade
Exceptional Online Stock Broker with local branch offices
scottrade
Etrade
100 commision free stock and option trades
OptionsHouse
Spend Less and Get More at OptionsHouse! $2.95 Flat-Rate Stock Trades
Firstrade
Five commission-free trades
 
Mbtrading
Active trader platform
Marsco
No share limits
TD Ameritrade
Trade comission free for 30 days + $100



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