Lightspeed Trading vs TD Ameritrade 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

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TD Ameritrade
Lightspeed Trading
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Trade free for 90 days + get up to $600 - Learn More

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Current Offers Special Offer: Free trading platform trial - Learn More
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Fees

Flat-Fee Trade Plan* $9.99 $3.00
Per-Share Trade Plan N/A $0.0045
Mutual Fund Trade Fee* $49.99 N/A
Options Trade Base $9.99 $0.00
Options Per Contract $0.75 $0.60
Options Exercise Fee $19.99 $15.00
Options Assignment Fee $19.99 $15.00
Broker Assisted Trades $44.99 $25.00
Minimum Deposit $2,500.00 $5,000.00

2013 Review Ratings

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

Brokers

TD Ameritrade Lightspeed Trading

Account Features

Virtual Trading check check
No Minimum Deposit
No Maintenance Fees check check
No-Fee IRAs check
Online Trader Community check 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 check
Savings Accounts
Credit Card Accounts
Debit Card Accounts check
Mortgage Loans

Margin Rates

Under $25k 9.00% 6.00%
$25k to $49k 8.75% 6.00%
$50k to $99k 8.50% 5.00%
$100k to $249k 7.25% 5.00%
$250k to $499k 7.00% 4.25%
$500k to $999k 7.00% 3.75%
Above $1,000,000 6.25% 3.50%

Recap

TD Ameritrade Lightspeed Trading
Open Account Open Account Open Account
Current Offers Trade free for 90 days + get up to $600 - Learn More Special Offer: Free trading platform trial - Learn More
Broker Reviews Read full review › Read full review ›

TD Ameritrade vs Lightspeed Trading

StockBrokers.com 2013 review compares Lightspeed Trading vs TD Ameritrade. Compare Lightspeed Trading and TD Ameritrade trade commissions, fees and overall broker ratings by using the chart above. Is Lightspeed Trading or TD Ameritrade 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.

TD Ameritrade was rated #1 overall in the StockBrokers.com 2012 Broker Review along with numerous Best in Class awards. Their ideal client includes all investors and traders as their 5 star, 24/7 customer support amongst other factors easily outweighs their higher equity commission pricing. Trade Architect and thinkorswim provide outstanding platforms and tools for active and professional investors, with thinkorswim receiving Best Overall Trading Platform in 2012. TD Ameritrade has one of largest selection of commission free ETFs, one of the many attributes that makes them a top brokerage over many other great competitors.

There is a very large price difference of $6.99 per stock trade between TD Ameritrade and Lightspeed Trading. TD Ameritrade's per trade stock price of $9.99 is significantly greater than Lightspeed Trading's per trade stock price of $3.00.

There is a large difference between TD Ameritrade's "Overall" rating of 5 stars and Lightspeed Trading's "Overall" rating of 3 stars.

Only TD Ameritrade 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 TD Ameritrade has an iPhone app for mobile trading while Lightspeed Trading does not.

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