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Lightspeed trading account minimum

17.02.2021
Meginnes35172

High Account Minimum: To fund an account at Lightspeed Trading, $25,000 is required and a $10,000 account balance minimum must be maintained thereafter. Low Commissions : Flat rate orders starting at $4.50 for equities are supported as well as per share equities orders beginning at $0.0045 per share and $0.60 per contract for options and futures. Account must be funded with, and maintain, a minimum of $25,000 in equity at all times during the promotional period; Promotion period starts the day the account is opened and ends after 90 calendar days. Rebate will be deposited directly into your Lightspeed account within 45 days of the end of the promotional period. However, new traders opening a small trading account may find Lightspeed's minimum fund requirements daunting. At this time, the minimum amount is $10,000 for Web Trader platform accounts. Then jumps to $25,000 for accounts on the Lightspeed Trader, Sterling Trader, and RealTick platforms. Account holders of $25,000 or more can use the standalone Lightspeed Trader platform while $10,000 is required for bare-boned Web Trader. Actually, the Lightspeed Trading minimum deposit is only $10,000, but then you can only use their web trader. Day trading with less than $25,000 in your account is not possible. That’s because of the pattern day trader rule invented by the SEC. Executions are lightning fast. You can choose either per trade ($4.50 per trade) or per share (highest rate is currently around 0.0045 per share and that pricing can be lower depending on how many shares you trade each month). Minimum commission per order is $1. Market fees add in about another $0.0035 per share.

4 Feb 2015 traders. Their minimum account size requirement for a portfolio margin account is $110,000. Lightspeed Trading offers Portfolio Margin.

Read an in-depth review about Lightspeed Trading, a Forex, Shares, and Futures Broker. Find Lightspeed Trading's Accounts, Promotions and Trading information. Minimum Deposit: 0. Majors Spread: EUR/USD: 1.6; GBP/USD: 1.8  18 Oct 2019 Most Customizable Day Trading Platform: Lightspeed; Best Day Trading but did presume a minimum account balance of at least $10,000.

funding your account. New clients can begin trading as soon as 24 hours after the account is funded. You can fund your new account by wire transfer, ACH transfer, or by check. For more information on Equities and Options Funding. For more information on Futures Funding

26 Jan 2019 [All the PRO's & CON's] Review: Lightspeed for Active Day Traders seeking Fast Round 4 -- Lightspeed Regulation & Account Minimum. 10 Dec 2019 You can do all your trading from a single Lightspeed account whether Account must be funded with, and maintain, a minimum of $25,000 in 

High Account Minimum: To fund an account at Lightspeed Trading, $25,000 is required and a $10,000 account balance minimum must be maintained thereafter. Low Commissions : Flat rate orders starting at $4.50 for equities are supported as well as per share equities orders beginning at $0.0045 per share and $0.60 per contract for options and futures.

9 Jan 2020 Lightspeed has a considerable account minimum; $10,000 for web and $25,000 for software. They charge a maximum of $4.50 per stock trade 

30 Oct 2019 Lightspeed is best for very frequent traders, as their account minimums are on the high side, but the cost of trading is very low. You won't find 

However, new traders opening a small trading account may find Lightspeed's minimum fund requirements daunting. At this time, the minimum amount is $10,000 for Web Trader platform accounts. Then jumps to $25,000 for accounts on the Lightspeed Trader, Sterling Trader, and RealTick platforms. Account holders of $25,000 or more can use the standalone Lightspeed Trader platform while $10,000 is required for bare-boned Web Trader.

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