Clients who meet monthly trading volume thresholds qualify for our Active Trader Commission Group and can benefit from deeply discounted commissions. You must contact us at 888-577-3123 or [email protected] to join the Active Trader Commission Group and determine the rate for which you may qualify.
Once your account is set to any Active Trader Commission Group rate, you will be charged that rate on all shares traded going forward. For example, if you trade over 1,000,000 shares per month and qualify for the $.0025 per share rate, you will be charged only $.0025 per share on all shares traded, not just those in excess of 1,000,000 in any given month.
|Per Share Rate||Monthly Volume|
|$0.0010||Over 15,000,000 shares|
|$0.0015||Over 6,000,000 shares|
|$0.0020||Over 3,000,000 shares|
|$0.0025||Over 1,000,000 shares|
|$0.0035||Over 250,000 shares|
|$0.0045||Under 249,999 shares **$1 minimum|
|Per Trade Rate||Monthly Volume|
|$2.50||Over 10,000 trades|
|$2.75||Over 3000 trades|
|$3.00||Over 1500 trades|
|$3.50||Over 750 trades|
|$4.00||Over 250 trades|
|$4.50||Under 250 trades|
|Per Contract Rate||Monthly Volume|
|$0.20||Over 100,000 contracts|
|$0.25||Over 50,000 contracts|
|$0.35||Over 10,000 contracts|
|$0.45||Over 2,000 contracts|
|$0.50||Over 500 contracts|
|$0.60 **$1 minimum||Under 500 contracts|
|$1.29 per side||$1.79 per contract|
Clients who meet monthly trading volume thresholds qualify for our Active Trader Commission Group and can benefit from deeply discounted commissions. Lightspeed remains a consistent favorite brokerage firm among active traders because our commissions and fees are significantly lower than many competitors. See the Active Trader Commissions tab to see if you qualify.
|Stocks and ETFs||Per Share||$0.0045 **$1 minimum|
|Stocks and ETFs||Per Trade||$4.50|
|Options||Per Contract||$0.60 **$1 minimum|
|$1.29per side||$1.79per contract|
Domestic retail, non-professionals are able to trade unlimited U.S. listed equities and ETFs commission free when joining the Lightspeed Lite program using the Lightspeed Mobile platform.Open an Account
Account Minimum: $15,000
Mobile trading only
Individual and Joint Accounts only
U.S. Residents only
Reg-T and Cash accounts only
10.00 per trade for OTCBB
Min balance fee of $35/month for under $15,000
Core market session only
Non-professional market data only
Customer Priority Options only
|Stocks and ETFs||Per Share on SMART route||$0.00|
|Options||Per Contract||$0.65 (min.) of $4.50 on Options|
|Margin Debt Interest||9.5%|
Professional and active traders looking to maximize their profits want the lowest commissions on the market, and they’ll find them here at Lightspeed. Unlike traditional brokerage firms that may charge exorbitant fees, we offer incredibly low commission rates per share, allowing traders to keep more of the money they earn in their pocket. Day traders will also enjoy the benefits of some of the lowest trading fees currently available on equities and options.
Not only does Lightspeed offers competitively low commission rates, but we also have resources available to assist both novice and professional traders in making solid investment choices. We frequently post live webinars to keep traders abreast of all the latest industry information, including topics such as ETF trading, options trading and technical analysis. New webinars are regularly posted, and previous webinars are available to listen to or download at the user’s convenience.
Lightspeed offers low commissions on options, allowing both occasional and frequent traders to take advantage of competitively-priced options. While the standard fee is an already low $0.60 per contract, active traders who trade more than 500 contracts per month will qualify for even lower rates. Those who trade in excess of 100,000 contracts per month will pay merely $0.20 per contract.
Lightspeed’s flagship software platform, Lightspeed Trader, allows day traders to take full advantage of low-priced options. The streamlined, intuitive navigation makes it simple for users to build and trade complex options, with the ability to create a “multi-legged” order ticket to support your strategy. Even options strategies that include straddles, strangles and butterflies can quickly be built and traded. Furthermore, Lightspeed Trader has extensive customization compared to competitor software. Users can set up their screen to show the information most pertinent to them, and save the profile for consistent appearance across all of their devices.
Options traders may also enjoy the power and versatility of the Livevol X Options Trading platform, which offers advanced options trading capabilities and offers sophisticated risk analysis tools. The software is available for free for options traders. Non-professional users are not required to pay any monthly market data fees, allowing them to make the most of their money.