Interactive Brokers vs Lightspeed Trading 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

Interactive Brokers
Lightspeed Trading
Open Account Open Account Open Account
Current Offers Trade on over 100 market centers in 19 countries - Learn More Special Offer: Free trading platform trial - Learn More
Broker Reviews Read full review › Read full review ›

Fees

Flat-Fee Trade Plan* N/A $3.00
Per-Share Trade Plan $0.0050 $0.0045
Mutual Fund Trade Fee* $14.95 N/A
Options Trade Base $0.00 $0.00
Options Per Contract $0.70 $0.60
Options Exercise Fee $0.00 $15.00
Options Assignment Fee $0.00 $15.00
Broker Assisted Trades $100.00 $25.00
Minimum Deposit $10,000.00 $5,000.00

2013 Review Ratings

Overall star star star Star star star Star
Commissions & Fees star star star star Star star star star star Star
Customer Service star star star star star star Star
Platform & Tools star star star Star star star Star
Research star Star
Ease of Use star star Star star star
Investment Offering star star star Star star star
Education star star Star star
Mobile Trading star star star star

Brokers

Interactive Brokers Lightspeed Trading

Account Features

Virtual Trading check check
No Minimum Deposit
No Maintenance Fees check
No-Fee IRAs
Online Trader Community check
Investment Education check check
Live Seminars check

Mobile Trading

iPhone App check
iPad App check
BlackBerry App check
Android App check
Mobile Site check

Trade Types

Stock Trading check check
Options Trading check check
Mutual Funds check
FOREX Trading check check
Futures Trading check check

Banking Features

Checking Accounts
Savings Accounts
Credit Card Accounts
Debit Card Accounts
Mortgage Loans

Margin Rates

Under $25k 1.66% 6.00%
$25k to $49k 1.66% 6.00%
$50k to $99k 1.66% 5.00%
$100k to $249k 1.16% 5.00%
$250k to $499k 1.16% 4.25%
$500k to $999k 1.16% 3.75%
Above $1,000,000 0.66% 3.50%

Recap

Interactive Brokers Lightspeed Trading
Open Account Open Account Open Account
Current Offers Trade on over 100 market centers in 19 countries - Learn More Special Offer: Free trading platform trial - Learn More
Broker Reviews Read full review › Read full review ›

Lightspeed Trading vs Interactive Brokers

StockBrokers.com 2013 review compares Interactive Brokers vs Lightspeed Trading. Compare Interactive Brokers and Lightspeed Trading trade commissions, fees and overall broker ratings by using the chart above. Is Interactive Brokers 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 $4.00 per stock trade between Lightspeed Trading and Interactive Brokers. Lightspeed Trading's per trade stock price of 3.00 is significantly higher than Interactive Brokers's per trade stock price of -1.00.

The Interactive Brokers's "Overall" rating of 4 stars is a slight advantage over Lightspeed Trading's "Overall" rating of 3 stars.

Only Interactive Brokers 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 Interactive Brokers has an iPhone app for mobile trading while Lightspeed Trading does not.

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