Speedtrader Brokerage Company
SpeedTrader is an online broker that provides direct trading access to active traders. The company aims to ensure the highest quality of trading services at the lowest possible costs. It is also supplemented by state-of-the-art technology, robust trading platforms, and trading support.
SpeedTrader understands that active traders rely heavily on their trading tools. Therefore, the company offers advanced trading tools and uncompromising technology. The trading platforms of SpeedTrader are specifically designed for active traders and provide speed, efficiency, and security.
SpeedTrader PRO is the Level 2 desktop trading software of SpeedTrader. It provides direct access order routing, fast trade executions, real-time stock charting, point and click trading, and multiple technical indicators. Traders can maximize their performance with the help of risk management and account management offered by SpeedTrader PRO. Active day traders can make use of the comprehensive platform to strategize, analyze, and execute, all in one go from a single platform.
Additionally, SpeedTrader also has a web-based trading platform, SpeedTrader ActiveWeb. ActiveWeb provides real-time Level 1 quote data, live streaming news, real-time stock charting, profit/loss display, risk management tools, and watch lists. Traders can also access their account directly through the mobile application of SpeedTrader. The trading platforms of SpeedTrader offer speed, reliability, and efficiency, without any compromises.
The pricing structure of SpeedTrader is also designed keeping active traders in mind. Traders can choose between per share pricing and per trade pricing. For stocks, the commission per trade is $4.49 for less than 200 trades and goes down to as low as $2.95 per trade for more than 500 trades per month.
On the other hand, per share pricing varies from $0.0044 per share for less than 250,000 per month to $0.0025 per share for more than 500,000 traded per month. The commission for trading options ranges from $0.40 per contract for less than 500 contracts per month to $0.30 per contract for more than 1,000 contracts per month.