Firstrade vs Lightspeed Trading 2013 Review
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Featured
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| Open Account |
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| Current Offers | Special Offer: Receive 250 free trades and up to $250 cash - Learn More | 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* | $6.95 | $2.25 |
| Per-Share Trade Plan | N/A | $0.0045 |
| Mutual Fund Trade Fee* | $9.95 | N/A |
| Options Trade Base | $6.95 | $0.00 |
| Options Per Contract | $0.75 | $0.60 |
| Options Exercise Fee | $16.95 | $15.00 |
| Options Assignment Fee | $16.95 | $15.00 |
| Broker Assisted Trades | $26.95 | $25.00 |
| Minimum Deposit | $0.00 | $5,000.00 |
2013 Review Ratings |
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| Platform & Tools |
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| Ease of Use |
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| Investment Offering |
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| Education |
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| Mobile Trading |
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Account Features |
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| Virtual Trading |
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| No Minimum Deposit |
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| 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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| 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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Margin Rates |
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| Under $25k | 7.75% | 6.00% |
| $25k to $49k | 7.75% | 6.00% |
| $50k to $99k | 7.50% | 5.00% |
| $100k to $249k | 6.75% | 5.00% |
| $250k to $499k | 6.25% | 4.25% |
| $500k to $999k | 5.50% | 3.75% |
| Above $1,000,000 | 5.00% | 3.50% |
Recap |
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| Open Account |
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| Current Offers | Special Offer: Receive 250 free trades and up to $250 cash - Learn More | Special Offer: Free trading platform trial - Learn More |
| Broker Reviews | Read full review › | Read full review › |
Lightspeed Trading vs Firstrade
StockBrokers.com 2013 review compares Firstrade vs Lightspeed Trading. Compare Firstrade and Lightspeed Trading trade commissions, fees and overall broker ratings by using the chart above. Is Firstrade 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 significant price difference of $4.70 per stock trade between Firstrade and Lightspeed Trading. Firstrade's per trade stock price of 6.95 is significantly higher than Lightspeed Trading's per trade stock price of 2.25.
The "Overall" ratings for Firstrade and Lightspeed Trading are equally matched at 3 stars.
Only Firstrade has an iPhone app for mobile trading while Lightspeed Trading does not. Neither Firstrade or Lightspeed Trading has a format-specific version of their mobile application available for the iPad App.
