About Lightspeedbrokers.com FX trading

 

About Lightspeed Trading

Lightspeed Trading was founded with purpose of creating a simplified trading solution with transparent pricing to both the retail and active/professional trader. In doing our research, we noticed that firms provide numerous trading platforms with various pricing structures that often confuses the potential trader or makes understanding the product unnecessarily complicated, i.e. pay $265 for a platform and trade for as low as $3.95 per trade plus starting a starting per share rate of $.001 with a base per-share of $2.00. Why not offer one platform per product and one price across all product lines. The goal of Lightspeed is to make life easy for you, the trader, so that you can do what you like doing best, trade.


Regulation

Lightspeed Trading is registered with the Securities Exchange Commission and the Commodity Futures Trading Commission as an Introducing Broker Dealer/Dealer. Lightspeed is a member of the National Association of Securities Dealers ("NASD") and the National Futures Association ("NFA"). As a member of both the NASD and the NFA, we are accountable to the stringent standards of capital adequacy and financial reporting enforced by both the NFA and the NASD.


Safety of Funds

Securities accounts are held by Legent Clearing LLC.  Both Legent and Lightspeed Trading are members of the Securities Investor Protection Corporation ("SIPC").  Cash and securities held in your brokerage account are protected up to $500,000 per customer, of which $100,000 can be un-invested cash.  Legent maintains an additional $24.5 million in excess SIPC insurance coverage through Lloyd's of London for a total of $25 million per customer, $1 million of which can be cash.
 
Futures and Forex accounts are held by Futures Commission Merchants subject to regulation by the Commodity Futures Trading Commission and oversight by the National Futures Association ("NFA").  NFA members must adhere to specific and stringent standards of business conduct, professional ethics, and financial responsibility.
 
 

 

 

>> equities
• Stocks - $9.99 for all stock trades, regardless of order size
• Options - $9.99 + 0.75 per contract
>> futures
• E Contracts - $9.99 per R/T, all in.
• Outcry Contracts - $14.99 per R/T, all in.
• FREE LIVE PRACTICE ACCOUNT
>> forex
• Trade the world’s largest market
•
Trade 24 hours
flexible leverage
• FREE LIVE PRACTICE ACCOUNT

Member: NASD, NFA, SIPC