#Lightspeed broker like in canada how to#
#Lightspeed broker like in canada pro#
#Lightspeed broker like in canada professional#

High volume trades that push over 15 million shares have a discounted rate of $0.0010 per share. The per-share rate for trading stocks and ETFs on brokerage starts from $0.0045 for monthly trade volumes of below 250,000 shares. Here is a breakdown of the fees we found most impactful: Equities per share fees: But our review team also observed that the broker maintains several additional charges. The trader fees for tradable products (equities, options, and futures) are commission based in relation to monthly trade volumes. Our Lightspeed broker review finds this broker’s fee structure quite complex largely due to the huge number of fees imposed on different trade categories.

#Lightspeed broker like in canada how to#

The broker review team further notes that the news and research reports, like in the case of options, are biased towards helping traders understand the market – not for newbies to learn how to trade. Additionally, their range of equity products doesn’t take into account such tradable products as mutual funds. Our review, however, indicates that apart from the basic quotes and stock screener tools, the company pays little emphasis to market research. Trading costs are commission-based but active traders get to enjoy monthly discounts based on trade volumes. And that it complements these educational, news and research reports required to make informed trade decisions. Lightspeed equities reviewīroker claims to embrace the highest quality of service and technology when it comes to trading equities, also further claims to have integrated a wide variety of tools and resources like real-time quotes, automated traders and APIs as well as technical and fundamental analysis tools to help ease equity trades. These are, however, advanced-trader oriented and aimed at helping them understand the market – not how to trade. Additionally, supplies its clients with educational and research materials as well as webinars touching on futures trade.

These are available in web trader versions but also compatible with different mobile phone browsers.

#Lightspeed broker like in canada pro#

You will, however, want to note that futures can only be traded on the CQG and Eze EMS Pro and Express trading platforms. Our review also gathers that trading costs are both commission-based and also volume-based with active traders benefiting from the lowest fees. This, according to the broker website, is achieved by giving its clients access to futures traded in eight of the largest exchanges in the country and internationally. Our Lightspeed broker review indicated that the US-based company gives its clients access to countless futures trade and investment opportunities. It also analyses and details the effectiveness of the three products traded on the platform and rates the broker’s service delivery. This broker review queries this speedy performance claim. And as its name suggests, the discount broker promises its clients speedy transaction processing on their proprietary trading platforms that embrace technology.

#Lightspeed broker like in canada professional#

It has its sight set on “Sophisticated, Active, and Professional traders” as evidenced in its restrictive minimum deposit and account operating balances as well as the lack of beginner trader support tools. But as we shall soon reveal in this US broker review, this discount brokerage isn’t for everyone. In the US, broker seeks to change how traders and investors interact with Equities, Options, and Futures markets. The broker has been around for over a decade and currently maintains offices in New York and Chicago that process both local and international membership requirements and trades. First off, we would like to confirm that Lightspeed brokers operate under Lime Brokerage that doubles up as its introducing broker. On its website, the brokerage describes itself as an “advanced stock trading” platform specializing in “low-cost stock & options trading.” In this review, however, we will look at the brand from the perspective of an internationally acclaimed deep discount brokerage.