Lightspeed Financial Services Group LLC is a member of FINRA, NFA and SIPC. If youre working with Lightspeed Trader, however, youll need to generate 130 in monthly commissions, excluding fees for market data. Does not apply to non-exchange listed stock, i.e. For example, if you incur 100 in commissions for a given month. Lightspeed Trader software fee is your total monthly commission charges subtracted from 130. Designed for active traders that dont need the advanced customization features and order routing choices of the Lightspeed Trader platform. Only NASDAQ, AMEX, and NYSE listed stocks, and listed options contracts, are eligible. Lightspeed Web & mobile trading platform. Promotion does not apply to per trade commission structure. If all required conditions are met, the rebate will be paid out the first month following the end of the promotional period. Account must be funded with, and maintain a minimum equity of no less than $25,000 at all times during the promotional period. Accounts must remain in good standing during the promotional period excess margin calls, risk liquidations, and compliance or regulatory inquiries are grounds for removal from the program. The rebate does not apply to routing or regulatory fees. Lightspeed is focused on a value based commission structure 2.50. The standard hours of the New York Stock Exchange (NYSE) are 09:30 to 16:00, though there are pre-market and. Lightspeed provides trading opportunities to clients in both the standard and extended trading hours. Must open an account using promo code CASH23 by Novemto be eligible for promotion. Low fees and tight spreads for active day traders Regulated by FINRA, the CFTC and the NFA Risk-assessment software packages. (Does not apply to DAS Trader Pro platform). Trade minimum of $0.5 applies for equities. Must use promo code CASH23 to be eligible for promotion. 002 per share Options contract rate of 0. Open an account today using promo code 'Special' and receive: 3 FREE MONTHS of the Lightspeed Trader Platform (390 in Savings) Equities commission rate of. Cannot be combined with other offers or discounted rates. Get access to a powerful trading platform with unique customization tools, and technology built for performance and speed. Required funding amount for Sterling Trader Pro is $25,000. Lightspeed has a sizeable monthly fee in addition to credit card processing fees, and Stripe Terminal has no monthly fee but charges just 2.7 plus 0.05 per successful card transaction. Required funding amount for DAS Trader Pro is $50,000. Required funding amount for Lightspeed Trader is $25,000. Does Lightspeed Trading charge commission No. Learn more Multiple flexible and intuitive platforms Choose from various platforms to trade equities, options, and futures. For less than 250 trades, Lightspeed Trading charges 4.50, and this rate drops to 2.50. Promotional period begins the day the account is funded to the amount equal to or greater than $25,000. Advanced order management Access multiple order types and routing destinations plus sophisticated order customization features. As a leader in the trading industry, Lightspeed is committed to empowering traders success. Offer only applies to the following platforms (Lightspeed Trader, DAS Trader Pro, Sterling Trader Pro). commissions are subject to a 25 monthly minimum inactivity fee. All routing fees/rebates and regulatory fees are charged separately.Offer only available to those that have not held an account at Lightspeed within the previous calendar year. Per-share equities pricing is not available on Lightspeed Web & Mobile. DMA brokers typically allow traders to earn a portion of the rebates when they sell shares on the ask and buy shares on the bid. Most retail brokers will pocket the rebates as they can determine policies. It’s prudent to check with your broker on their policy for ECN rebates. Lightspeed Web & Mobile - minimum commission of $4.50 will be applied to any options order. The ECN fees and rebates are applied automatically upon execution. Eze EMS (formerly RealTick) - minimum commission of $3.00 will be applied to any order. Lightspeed Trader and Sterling Trader Pro - a minimum commission charge will be applied to any order of $0.50 on any discounted per share commissions. Requirements.Commissions: Accounts under $15,000 will be subject to a $25 monthly minimum commission fee, minus any actual commissions charged in the prior month. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies.
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