Using data from the StockBrokers.com 2017 Broker Rankings
, we can compare Just2Trade vs Lightspeed Trading to determine which broker is better for you. Our database includes thousands of data points on everything from research to trading tools. Let's take a closer look at Just2Trade and Lightspeed Trading.
First we will break down the commission charges of both brokers for placing stock and options trades. Lightspeed Trading, with its regular stock trades costing $4.50, is more expensive than Just2Trade's rate of $2.50 per trade. For options trading, Just2Trade has a base fee of $2.50, and Lightspeed Trading a base fee of $0.00. At a difference of $0.10 per contract, Just2Trade's per contract rate of $0.50 is less than Lightspeed Trading which charges $0.60. Note that flat rate trading is not available everywhere though, so it is important to read the complete commission notes for each broker to know the full breakdown (go to any stock broker review
page, then scroll down to the "Commission Notes" section).
Trading fees aside, having access to trade what you want is also an important consideration. 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, Lightspeed Trading trails Just2Trade by 3,000.00 total funds, with Just2Trade offering 3000 and Lightspeed Trading offering 0. And, commission free ETFs deserve a mention, which in this case means trading a possible 0 funds at both brokers.
Finally, by looking at the most popular features and offerings of each broker, we can really see the differences between the two. Both Just2Trade and Lightspeed Trading have virtual trading. For mobile trading, Just2Trade supports the iPhone App and Android App while Lightspeed Trading supports the none of these. Online banking is also used by many clients, and multiple brokerages provide these services. Banking is not popular with Just2Trade and Lightspeed Trading as Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are all unavailable. All things considered, when it comes to platform tools, research, and trading via smartphone, Unfortunately, neither Just2Trade nor Lightspeed Trading received awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, both Just2Trade and Lightspeed Trading hold a 2.50 star rating.