Services & Features: What Does Lightspeed Offer?
For a retail investor, you will probably do better to look elsewhere. The benefits of Lightspeed’s tools may outweigh the costs of using it. If you are a professional trader making some real money off of this system, it may work well for you. Between the two, you have a system which is only particularly useful to traders who want to make high-volume, high-speed transactions, and which charges for each of these (ideally numerous) trades. At the same time it offers a set of highly specific tools that can benefit extremely active (read: fast) traders. Despite advertising itself as “low cost stock and options trading.” Lightspeed still charges trading commissions. This has left Lightspeed somewhat behind in the retail market. Today no-commission trading is a standard pitch offered by even the full-featured platforms. You could accept the wrong fit on a platform in exchange for a free trade. Five years ago, offering low-cost trades helped a service stand out. Professional investor sitting in front of her screens of dataīy now most mainstream trading platforms are free.
