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 $4.50 per stock trade which is $2.00 more than Just2Trade which charges customers $2.50 per trade. For options trading, Just2Trade has a base fee of $2.50, and Lightspeed Trading a base fee of $0. Option contracts are pricier at Lightspeed Trading, costing $0.60 versus $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 provides its clients with Stock Trading, Options Trading and Futures Trading while Just2Trade provides clients access to Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Just2Trade offers its clients access to 3000 different mutual funds while Lightspeed Trading has 0 available funds, a difference of 3,000. Commission free ETFs can also be a nice plus, which is a wash in this comparison as both Just2Trade and Lightspeed Trading offer 0 commission free ETFs.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Both Just2Trade and Lightspeed Trading offer virtual trading. For mobile trading, Just2Trade supports the iPhone App and Android App while Lightspeed Trading supports the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Unfortunately, Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are not available at Just2Trade or Lightspeed Trading . On the whole, when it comes to tools, research, and mobile trading, both Just2Trade and Lightspeed Trading found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Lightspeed Trading takes the upper hand with 3.00 stars over Just2Trade's 2.50 stars.