![]() After an account reaches 250 trades in a month, the commission drops to $4. ![]() The per-trade plan, as the name implies, uses the number of trades per month to figure the commission. The rate continues dropping until reaching 15,000,000 shares per month, at which point the commission is a very low 0.1¢ per share. (Traders need to contact the broker to activate the reduced commission schedule). After reaching a monthly volume of 250,000 shares, the per-share rate drops to 0.35¢. On the per-share plan, trades start at 0.45¢ per share with a $1 minimum commission. One is a per-share plan, and the other is a per-trade schedule. There are two commission schedules at Lightspeed for stocks and ETFs. This fee is reduced by any commissions that are paid in the previous month. There is a $25 monthly fee for accounts that have less than $15,000 in assets. Cash and margin accounts that don’t have day-trading activity have a very low $2,000 minimum, while option accounts need to maintain $10,000. Customers who plan to use the website and don’t plan to day trade can deposit just $10,000.Īfter an account is funded, some account types will have lower minimums to maintain trading privileges. ![]() Because Lightspeed Trading caters to day traders, it requires a minimum deposit of $25,000 to open any account that uses one of its advanced desktop platforms. securities regulations, all pattern day-trading accounts must have a balance of at least $25,000. $5,000 for Web Trader, $25,000 for RealTick and Trader plans Lightspeed Trading minimum deposit to open account
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