It is also the most economical platform as there are no monthly fees or market data costs. Real-time data streams are present and one can make order entries and executions without any hassle. This platform can be accessed by any type of computer, mobile, or tablet device with an internet connection. The web and mobile platforms are much like the downloadable platforms and allows active traders to trade wherever they find themselves. More active traders will find plenty of positives to be found in our Tastyworks review.Ī range of downloadable trading platforms and software have been incorporated while customers can also make use of more traditional web and mobile platforms. For more info on these accounts, visit the official Lightspeed website and click on Brokerage Service > Account Types.Ĭomparing Alternatives? Newcomers looking for a trading account should take a look at the Robinhood open account options to assess the pros and cons. Legal entities can take out corporate accounts while there are retirement benefit accounts and an account dedicated to trusts. There are a host of other Lightspeed open account options such as an individual/joint account which is great for newcomers. Separately Managed Account: This account provides enhanced flexibility and is robust in terms of individual customization and can be tailored for specific needs. Ultimately, this account will allow you to increase your leverage. Customers who qualify for this account can exceed the predetermined margin for intraday and overnight trading. Thus, the margin requirements reflect the actual risk of the portfolio. Portfolio Margin Account: This account follows the Security Exchange Commission’s rules on margining. These securities must be able to be purchased on the margin. Regulation T Margin Account: This type of account allows you to borrow anywhere up to 50% of the purchase price of securities. Below, we’ll address some of the most popular Lightspeed open account options and thus, you’ll have a better idea which is suited to your needs.Īctive traders can make use of several different accounts, each with their own attributes. Each of the Lightspeed open account options are tailored for the specific needs of different persons or entities. ![]() Once you’ve done this, you’ll be confronted with an array of different account structures. There are various comparison tables throughout the website which gives you a good perception of the numbers and stats in relation to other brokers.īefore you start looking for a Lightspeed open account option that is the right fit for you, you’ll need to verify your status as a professional or non-professional trader. Our Lightspeed review also wants you to take note of the fact that it is easy to create an account and accessing the demo account is simple. The fact that the platform and creation there-of focused on low latency output, is a good sign. There seems to be no waiting times and pages load instantly. Quick navigation from page to page is possible on the Lightspeed website. Each comes with a drop-down menu and relevant sub-headings. You’ll find all the necessary sections outlined at the top of the page. ![]() The CTA buttons are quite bulky but are highly functional and placed in effective positions. ![]() ![]() For inclusivity purposes, the site is available in English and Spanish – a refreshing change from all-English sites. Dark blue and yellow seem to be the standard colors utilized. One would be remiss if you didn’t point this out. The actual design including the font and color scheme seems slightly outdated. The official website is quite easy to use and makes for intuitive navigation.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |