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Lightspeed

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www.lightspeed.com/?..
Category: Brokers
Headquartered in New York City, Lightspeed Trading is a leading provider of ultra low latency DMA trading technology, risk management solutions, and brokerage services for retail active traders, proprietary trading groups, hedge funds, and institutional investors. Lightspeed Trading offers both a software-based solution, LightspeedTrader, for clients who actively trade their accounts and an automated trading solution, Lightspeed Gateway, for clients employing algorithmic or "blackbox" trading strategies.
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Make sure to ask for the news guy!
Make sure you get added to the news if you use LIghtspeed. Call up there and make them add you. I have an account that I keep open just for the news.

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Great Broker For Trading NYSE & NASDAQ stocks
I've used Lightspeed for a number of years and have had a great experience with them. They have an easy to use platform with fast execution. They are great if you trade mainstream stocks such as NYSE and NASDAQ listed stocks.

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Sjabs New York, NY

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Reliable
Lightspeed has been around for a very long time. Their platform is reliable as well as their retail firm. You don't have to worry much about your account when it is with them.

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Execution was lighspeed
.0045/share! great deal. RECCOMMENDED

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4210timmy chavez, california

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Very Good, Strong Value
To be honest, I first began with Lightspeed trader given my limited finances and need for a broker with a low commission rate. Luckily for me, it would turn out that Lightspeed trader also offers a strong online trading platform and, in my experience, responsive customer service, though I will admit I haven't used the customer service many times.

Of course, for the low costs in commission, the fees for such things as data services do add up. Again, as a beginning trader it wasn't critical that I have access to market depth and LVL2 quotes, so this worked out for me.

Recommended for beginning traders with smallish account sizes.

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Westcoast777 Davis, California

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Nice platform charts not
I used LS for about a year

excitation is the best in the industry but charting tools is really bad

you need to have real tick beside it in order to use it properly

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JeffHorn12 Sacramento, California

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Well worth the search
I have been moving around brokers as of late after not being able to find one to keep up with a consistently demanding customer and his wants. Lightspeed was the first out of the other 3 brokers I have tried to thoughtfully solve my problems and explain to me how I can avoid them going forward. I do like the Lightspeed Trader platform and it's features but I do use a secondary charting service as well. My only complaint thus far is that you can't run the platform on my Mac so I have to use one of my other PCs. Overall, with their service and low commission, I am glad that my search finally landed me with them.

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Rblooming New York , NY

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Hadnt heard of them, took a shot, BEST decision in a while
I trade about 1.3 million shares a month on average. I wasnt too familiar with Lightspeeds offering. I had heard they had a really solid platform with great executions and low cost. Due to my trading style thats pretty much exactly what i was looking for. I also heard about their web product not being too functional. I personally dont use and wouldnt want to use a web product when dealing with the market. I checked out both systems anyway and Lightspeed Trader was definitely the way to go. The Lightspeed trading platform is insanely fast. Been doing great with them and would highly recommend them to any trader. I came over to them from IB and am going to be here for a while

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good value and good service
lightspeed charges for trading software. as i do not pay for tradingsoftware, i have to use the web trading platform. real time quotes are included for free as is moving money in and out.

using lightspeed for almost three years i believe that they are constantly trying to add new value to the customers. unfortunately ultra low commissions have been increased to still low commissions.

the bottleneck is , as always, the clearing firm. in this case it is penson. their credit rating does not convince me at all. in a fraudulent crazy bankers/brokers hypothecation and re-hypothecation world of lehman,mfglobal etc you can hardly rely on anyone. diversification WORLDWIDE is a must

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Fredolin bangkok

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Just got started and so far so good!
I just opened a day trading account with these guys and so far so good. It was a bit challenging opening an account, but got through the process. I was with Tradestation previously and I'm glad I made the switch. I was looking for a firm that offered dma, fast executions, and low commissions and LS fit my criteria perfectly!

I'm one of those people that rarely calls customer service, and it takes something really serious for me to call. I've been trading for over eight years now and I don't want to have any hassles that would cause me to have to call in. As long as I can log in and my buying power is loaded, I'm happy and no problems so far!

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