Light Speed Overview
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| Broker: | Light Speed |
| Site: | http://lightspeed.com  |
| All Fees: | http://lightspeed.com/?page_id... |
| Application: | http://lightspeed.com/Open_An_... |
| Min Assets: | 10000.00 $ |
| Avg Rating: |   |
| Based On: | 1 Reviews |
Accurate Pricing
All pricing information is automatically checked and updated every 24 hours.
Light Speed Stock Commissions
| Cost | Cost Basis | Min Trades | Min Assets | Min Fee | Max Shares |
| 0.0045 $ (1) | per share | 10000.00 $ | 1.00 $ | ||
| 4.50 $ | per trade | 10000.00 $ |
| (1) | data subscription required |
| (*) | Commission pricing last updated 05/22/13 |
Stock Commissions Chart ( cost per trade )
| Merrill Edge |     0.00 - 8.95 $ |
| Wells Fargo | 0.00 - 19.95 $ |
| Share Builder | 1.00 - 9.95 $ |
| Just2Trade | 2.50 $ |
| Sogo Trade | 3.00 $ |
| eOption | 3.00 $ |
| Marsco | 3.95 $ |
| Options House | 3.95 $ |
| Light Speed |    4.50 $ |
| MB Trading | 4.95 $ |
| Trade King | 4.95 $ |
| Zecco | 4.95 $ |
| Firstrade | 6.95 $ |
| Speed Trader | 6.95 $ |
| Trade Station | 6.99 - 9.99 $ |
| Scottrade | 7.00 $ |
| Trade Monster | 7.50 $ |
| Fidelity | 7.95 $ |
| Investrade | 7.95 $ |
| Noble Trading | 7.95 $ |
| Cobra Trading | 7.99 $ |
| ETrade | 7.99 - 9.99 $ |
| Charles Schwab | 8.95 $ |
| Options Xpress | 9.95 $ |
| Think Or Swim | 9.95 $ |
| TD Ameritrade | 9.99 $ |
| Siebert Net | 14.95 $ |
Stock Commissions Chart ( cost per share )
| Interactive Brokers | 0.001 - 0.005 $ |
| Speed Trader | 0.0039 $ |
| Cobra Trading | 0.004 - 0.007 $ |
| Light Speed | 0.0045 $ |
| MB Trading | 0.0075 $ |
| Noble Trading | 0.008 $ |
| Options Xpress | 0.01 $ |
| Trade Station | 0.01 $ |
| Think Or Swim | 0.015 $ |
Light Speed Option Commissions
| Cost | Min Trades | Min Assets | Min Fee |
| 0.00 $ +0.6$ /contract (1) | 10000.00 $ | 1.00 $ |
| (1) | data subscription required |
| (*) | Commission pricing last updated 05/22/13 |
Option Commissions Chart ( online orders )
| Interactive Brokers | 0.00 +0.15 - 0.70$ /contract |
| Investrade | 0.00 +1.50$ /contract |
| Light Speed | 0.00 +0.60$ /contract |
| MB Trading | 0.00 +0.95$ /contract |
| Options House | 0.00 - 8.50 +0.15 - 1.00$ /contract |
| Options Xpress | 0.00 +1.25 - 1.50$ /contract |
| Speed Trader | 0.00 +1.00 - 1.25$ /contract |
| Think Or Swim | 0.00 - 9.95 +0.95 - 2.95$ /contract |
| Trade Monster | 0.00 +0.50$ /contract |
| Trade Station | 0.00 +1.00$ /contract |
| Just2Trade | 2.50 +0.50$ /contract |
| eOption | 3.00 +0.10$ /contract |
| Marsco | 3.95 +1.50$ /contract |
| Merrill Edge | 4.95 - 8.95 +0.75$ /contract |
| Trade King | 4.95 - 8.95 +0.15 - 0.65$ /contract |
| Zecco | 4.95 +0.65$ /contract |
| Sogo Trade | 5.00 +0.50$ /contract |
| Firstrade | 6.95 +0.75$ /contract |
| Scottrade | 7.00 +1.25$ /contract |
| Fidelity | 7.95 +0.75$ /contract |
| Noble Trading | 7.95 +1.00$ /contract |
| Share Builder | 7.95 - 9.95 +0.75 - 1.25$ /contract |
| Cobra Trading | 7.99 +1.00$ /contract |
| ETrade | 7.99 - 9.99 +0.75$ /contract |
| Charles Schwab | 8.95 +0.75$ /contract |
| Wells Fargo | 9.95 +1.00$ /contract |
| TD Ameritrade | 9.99 +0.75$ /contract |
Write A Review For Light Speed
Light Speed User Reviews
by jross258 ( 15 
) on 2010-09-09 13:22:24
In my 35 years of being in the business, Lightspeed is by far the worst experience I have ever had. It takes them days and even weeks to do simple tasks that takes other brokerage firms a few hours to accomplish. There futures platform is completely outdated. They have no (MIT) mkt if touched orders, no multiple stop orders and several other modern ways of trading. Their charting is 15 years behind. Customer service is terrible, having people that don't speak english and extremely unqualified to answer any sort of technical question. I would recommend almost any futures house over this one.
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