Lightspeed Brokerage Company
Lightspeed is a division of Lime Brokerage that deals in providing online brokerage services to its clients. The company is backed by experienced staff and reliable technology.
Lightspeed trading accounts have minimum funding requirements. For Lightspeed Trader Accounts, there is an initial funding requirement of $25,000 along with maintaining a minimum equity balance. Similarly, Lightspeed WebTrader Accounts also have initial funding requirement of $25,000 for pattern day trade account and $10,000 for all other account types.
Lightspeed offers a wide array of powerful and customizable trading platforms. The flagship trading platform of Lightspeed is Lightspeed Trader. It is suitable for stocks and options trading and is equipped with the latest technology. The platform is ideal for day traders with integrated charting, advanced scanners, multi-threading, and research capabilities.
The clients who prefer web-based and mobile platforms can choose Lightspeed Web/Mobile Trader. It has features similar to the downloadable platform, with more convenience. The portfolio can be accessed on-the-go, and the clients can also access and execute trades. The other professional trading tools of Lightspeed include Lightspeed Gateway, Sterling Trader, Livevol X Options Trading platform, and RealTick Pro and Express.
Based on traded volumes, traders are classified as standard or active traders, and commissions vary for both the categories. Stocks and ETFs can be charged per trade or per contract, while options and futures are charged per contract. For standard traders, commission for stocks and ETFs is $0.0045 per share or $4.50 per trade, and $0.60 per options or futures contract.
On the other hand, active traders with high trade volumes pay per share commission of $0.0010 if the monthly volume is more than 15 million shares, or a per trade commission of $2.50 if the monthly volume exceeds 10,000 trades.
Lightspeed offers the clients the ability to trade all financial instruments from a single account, at a low cost, and using fast, stable, and customizable technology.