Charles Schwab vs Lightspeed Trading 2013 Review
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Featured
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| Open Account |
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| Current Offers | Special Offer: Free trading platform trial - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Fees |
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| Flat-Fee Trade Plan* | $2.25 | $8.95 |
| Per-Share Trade Plan | $0.0045 | N/A |
| Mutual Fund Trade Fee* | N/A | $76.00 |
| Options Trade Base | $0.00 | $8.95 |
| Options Per Contract | $0.60 | $0.75 |
| Options Exercise Fee | $15.00 | $8.95 |
| Options Assignment Fee | $15.00 | $8.95 |
| Broker Assisted Trades | $25.00 | $25.00 |
| Minimum Deposit | $5,000.00 | $1,000.00 |
2013 Review Ratings |
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Account Features |
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| Virtual Trading |
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| No Minimum Deposit | ||
| No Maintenance Fees |
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| No-Fee IRAs |
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| Online Trader Community |
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| Investment Education |
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Mobile Trading |
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| iPhone App |
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| Android App |
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| Mobile Site |
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Trade Types |
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| Stock Trading |
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| Options Trading |
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| Mutual Funds |
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| FOREX Trading |
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| Futures Trading |
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Banking Features |
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| Checking Accounts |
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| Mortgage Loans |
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Margin Rates |
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| Under $25k | 6.00% | 8.50% |
| $25k to $49k | 6.00% | 8.00% |
| $50k to $99k | 5.00% | 7.00% |
| $100k to $249k | 5.00% | 6.88% |
| $250k to $499k | 4.25% | 6.75% |
| $500k to $999k | 3.75% | 6.75% |
| Above $1,000,000 | 3.50% | 6.25% |
Recap |
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| Open Account |
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| Current Offers | Special Offer: Free trading platform trial - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Lightspeed Trading vs Charles Schwab
StockBrokers.com 2013 review compares Charles Schwab vs Lightspeed Trading. Compare Charles Schwab and Lightspeed Trading trade commissions, fees and overall broker ratings by using the chart above. Is Charles Schwab or Lightspeed Trading a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.
There is a very large price difference of $6.70 per stock trade between Charles Schwab and Lightspeed Trading. Charles Schwab's per trade stock price of $8.95 is significantly greater than Lightspeed Trading's per trade stock price of $2.25.
The Charles Schwab's "Overall" rating of 4 stars is a slight advantage over Lightspeed Trading's "Overall" rating of 3 stars.
Only Charles Schwab has an iPad app for tablet trading while Lightspeed Trading does not support the device at this time. You can find the app in the iTunes app store. Only Charles Schwab has an iPhone app for mobile trading while Lightspeed Trading does not.
