Using data from our latest annual broker review which tested more than a dozen different online brokers
over six months, we can compare Just2Trade vs Lightspeed Trading to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing stock and options trades. Lightspeed Trading charges more than Just2Trade for placing regular stock trades ($4.50 and $2.50, respectively). For options trading, Just2Trade has a base fee of $2.50, and Lightspeed Trading a base fee of $0. Each option contract then costs $0.60 at Lightspeed Trading and $0.50 at Just2Trade. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews
Next, investors want to make sure they can trade the investment vehicle they want. Lightspeed Trading offers clients Stock Trading, Options Trading and Futures Trading while Just2Trade offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Just2Trade boasts an offering of 3000 mutual funds compared to Lightspeed Trading's 0 available funds. And, commission free ETFs deserve a comparison, which for investors means access to 0 commission free ETFs at both brokers.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. 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. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Neither Just2Trade nor Lightspeed Trading offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. All factors considered, when it comes to platform tools, research, and mobile trading, neither Just2Trade nor Lightspeed Trading were rated 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.