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  Lightspeed Brokerage Account

Best Of Product

Lightspeed Brokerage Account
in Brokerages from Lime Brokerage LLC
Unaffiliated

Lightspeed Brokerage Account

Unaffiliated
in Brokerages from Lime Brokerage LLC
Net Recommendation Score -33  

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -33, equating to 2.3 on a 5 point rating scale.

-33

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Rating not yet determined  

1 user recommends
0 users are unsure
2 users don't recommend
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Highlights
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Online Trade Fee $2.50 - $6.25
Minimum Initial Investment $10,000
Broker Assisted Trading Fee Starting at $25

Lightspeed Brokerage Account Review

Lightspeed Brokerage Account is offered by Lime Brokerage LLC, a financial services company founded in 2006 and based in New York, NY.

Lightspeed Brokerage Account is a good option for investors who require additional research tools and more advanced reports.

This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.

Lightspeed Brokerage Account FAQ

What assets can you invest in on Lightspeed Brokerage Account?

Lightspeed Brokerage Account does not provide investors with many options. It only offers access to the following assets:

The Good The Bad
  • Stocks
  • Options
  • Futures
  • Cryptocurrencies
  • Bonds
  • Mutual Funds
  • FOREX
  • International Stocks
  • Pink Sheets / OTCBB
  • Real Estate
  • Marketplace Loans
  • Startups

What trading fees does Lightspeed Brokerage Account charge?

The online trading fees for Lightspeed Brokerage Account are below the average ($8.90) for online brokerages. However, there are other fees to consider.

Lightspeed Brokerage Account Fees
Trading Fees Amount
Online Trade Fee $2.50
Broker Assisted Trading Fee $25
ETF Trade $2.50
Returned Deposit Fee (International) $30
Outgoing International Bank Transfer Fee $50

How much do you have to invest to open an account?

The minimum investment to open an account with Lightspeed Brokerage Account is $10,000.

What is the minimum amount to open a margin account?

A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. Lightspeed Brokerage Account offers investors this service but the minimum amount is $175,000.

What margin rates does Lightspeed Brokerage Account offer?

Lightspeed Brokerage Account offers a margin rate that ranges from 7.5%.

What brokerage features does Lightspeed Brokerage Account offer?

Lightspeed Brokerage Account provides users with a variety of tools. These include:

Lightspeed Brokerage Account Brokerage Features
Supported Options Unsupported Options
  • Trading Platform
  • Real Time Quotes
  • Broker Assisted Trades
  • No Fee IRAs
  • No-Commission ETFs
  • Retail Locations
  • Advisor Services
  • Declines Payment for Order Flow (Equities)
  • Declines Payment for Order Flow (Options)
  • Dividend Reinvestment
  • Automated Trading Strategy
  • Online Live Chat
  • Automated Trading Strategy
  • Account Transfer Fee Reimbursement
  • 24/7 Support

What research tools does Lightspeed Brokerage Account offer investors?

Lightspeed Brokerage Account does not provide its users with a wide selection of research tools. It only includes 3 of the 15 research tools we track.

Lightspeed Brokerage Account Research Tools
Supported Options Unsupported Options
  • Historical Performance Analysis
  • Webinars
  • ETF Top 10 Holdings
  • Fund Prospectus Access
  • Global Markets Analysis
  • Insider Transactions
  • Live Seminars
  • Mutual Bonds Analysis
  • Mutual Funds Analysis
  • Past Earnings Reports
  • Portfolio Allocation
  • SEC Filings
  • Social Sentiment Analysis
  • Stock Metric Comparisons
  • Account Transfer Fee Reimbursement
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Lightspeed Brokerage Account

From novice to the most advanced trader, our clients all receive risk management tools, low commission rates, and superior customer service. Prior to starting your paperwork, please be sure to determine your status as a Professional or Non-Professional Trader. Lightspeed offers many different types of account structures, each of which can meet the specific needs of your institution. Lightspeed is an introducing broker to Wedbush Securities, Inc. SEC-approved portfolio margining rules, allow margin requirements to more accurately reflect the actual risk of the entire portfolio in a specific brokerage account. This means that qualified customers may increase their leverage beyond the 4 to 1 intraday or 2 to 1 overnight margin available in a standard margin account.

Contact

About Lightspeed Brokerage Account

View Lime Brokerage LLC Profile

Feature Breakdown

IRA Annual Fee Starting at $35
IRA Closure Fee $95
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $30
Returned Deposit Fee (International) $30
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $50
Minimum Initial Investment $10,000
Minimum Margin Account $175,000
Automated Trading Strategy
Brokerage Features
  • Trading Platform
  • Mobile Trading
  • Real Time Quotes
  • Online Banking
Investment Choices
  • Stocks
  • Options
  • Futures
Research Tools
  • Historical Performance Analysis
  • Webinars
  • Retirement
Research and Reports
Investor Type
  • Advanced Traders
  • Frequent Traders
  • High Balance Investors
  • Long-Term Investors
Online Trade Fee $2.50 - $6.25
ETF Trades $2.50 - $6.25
Margin Rate Starting at 7.5%
Broker Assisted Trading Fee Starting at $25

Lightspeed Brokerage Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -33, equating to 2.3 on a 5 point rating scale.

-33

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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