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| Community Rating |
Rating not yet determined |
| Minimum Initial Investment | $10,000 |
| Online Trade | $2.50 - $6.25 |
| Broker Assisted Trading Fee | Starting at $25 |
| Margin Rate | Starting at 7.5% |
Lightspeed Brokerage Account Review
Lightspeed Brokerage Account is a brokerage based in New York, NY. Founded in 2006, Lightspeed Brokerage Account is a good option for experienced traders 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.
What assets can you invest in with 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 |
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What trading fees does Lightspeed Brokerage Account charge?
The online trading fees of Lightspeed Brokerage Account are below the average ($8.90) for online brokerages. However, there are other fees to consider.
| 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:
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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.
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Message From Lightspeed Brokerage Account
Contact
- Headquarters
-
1001 Avenue of the Americas,
16th Floor
New York, NY 10018 - (888) 577-3123
- Visit Site
- Email Support
About Lightspeed Brokerage Account
Feature Breakdown
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - International (Incoming) | $0 |
| ETF Trades | $2.50 - $6.25 |
| IRA Annual Fee | Starting at $35 |
| IRA Closure Fee | $95 |
| Online Trade | $2.50 - $6.25 |
| Paper Statement Fee | $5 |
| Returned Deposit Fee (Domestic) | $30 |
| Returned Deposit Fee (International) | $30 |
| Wire Transfer Fee - Domestic (Outgoing) | $20 |
| Wire Transfer Fee - International (Outgoing) | $50 |
| Margin Rate | Starting at 7.5% |
| Broker Assisted Trading Fee | Starting at $25 |
Lightspeed Brokerage Account Community Reviews
Would you recommend Lightspeed Brokerage Account to your friends?
