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. Is Just2Trade or Lightspeed a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Lightspeed charges more than Just2Trade for placing regular stock trades ($4.50 and $2.50, respectively). With options, the base fees charged are $2.50 (Just2Trade) and $0 (Lightspeed). Each option contract then costs $0.60 at Lightspeed 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 supports Stock Trading, Options Trading and Futures Trading while Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Lightspeed trails Just2Trade by 3,000 total mutual funds, with Just2Trade offering 3000 and Lightspeed offering 0.
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 both offer virtual trading. For mobile trading, Just2Trade offer clients access to an iPhone App and Android App while Lightspeed has an iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Banking is not popular with Just2Trade and Lightspeed as Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are all unavailable.
Overall, between Just2Trade and Lightspeed, Lightspeed is the winner