The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers
. This review compares Just2Trade vs Lightspeed Trading. Is Just2Trade or Lightspeed Trading a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Lightspeed Trading charges more than Just2Trade for placing regular stock trades ($4.50 and $2.50, respectively). Looking at trading options, Lightspeed Trading's base fee is $0 while Just2Trade's is $2.50. Each option contract then costs $0.60 at Lightspeed Trading and $0.50 at Just2Trade. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. Lightspeed Trading offers clients Stock Trading, Options Trading and Futures Trading while Just2Trade offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Lightspeed Trading trails Just2Trade by 3,000 total mutual funds, with Just2Trade offering 3000 and Lightspeed Trading offering 0. Commission free ETFs can also be a nice plus, which for investors means access to 0 commission free ETFs at both brokers.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade and Lightspeed Trading both offer virtual trading. For mobile trading, Just2Trade offer clients access to an iPhone App and Android App while Lightspeed Trading has an iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Neither Just2Trade nor Lightspeed Trading offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. On the whole, when it comes to tools, research, and mobile trading, unfortunately, neither Just2Trade nor Lightspeed Trading received awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Lightspeed Trading boasts 3.00 stars versus Just2Trade's 2.50 stars.