Lightspeed vs. TastyTrade Comparison

This comparison guide assists customers who have a hard time to choose between Lightspeed and TastyTrade to find the most effective online broker for their trading and investment needs. It analyzes the main features of both brokers side-by-side to assist individuals contrast their solution and make an informed choice.

To help customers select the best broker between Lightspeed and TastyTrade to discover the best-suited system, listed below is a list of broker’s pros and cons, followed by a contrast of their primary trading attributes, including trading systems & tools, fees, mobile trading, deposit & withdrawal, possessions, policy, and consumer support.

Lightspeed vs. TastyTrade: Summary

lightspeed-logo

Lightspeed is a globally operating online broker regulated by FINRA. They offer users access to 6,000 stocks, options, and futures. Their trading platforms ( LightSpeed Trader, LightSpeed Web & Mobile, and Sterling Trader Pro) offer advanced trading and charting tools including level 2 trading and dynamic charting, LiveVolX and Eze EMS.

Lightspeed offers low per-share and per-contract fees for high volume traders. The minimum deposit requirement at Lightspeed is $10,000 or $25,000.

Lightspeed’s customer support is available 24/7 through email, live chat, and phone in English language.

tastytrade-logo

TastyTrade (previously TastyWorks) is a US based stock and options broker. It is regulated by two tier-one regulators (FINRA and SEC) and is therefore considered safe. The broker offers access to a wide range of options, futures and stocks.

TastyTrade’s platform offers various trading tools and features, intuitive charting apps and the TastyTrade content network. These features make tastytrade a great fit for experienced and active traders focusing on trading with futures and options. Although TastyTrade offers great educational materials and research tools, the platform can be overwhelming for beginners.

The minimum deposit at TastyTrade is $0. Customer support is responsive and well educated.

Pros

  • Great choice of different trading platforms
  • Wide range of stocks, options and features
  • Responsive customer support
  • Competitive pricing on higher volume

Cons

  • High minimum deposit requirement

Pros

  • Low minimum deposit ($0)
  • Wide range of futures and options
  • Low, variable, and capped trading fees
  • Broad range of tools for advanced options and futures traders
  • Great research and educational materials

Cons

  • No fractional shares available
  • Limited instruments compared to other brokers
  • High margin rates required

Key features

  • Access to over 10,000 different stocks, ETFs, options, and futures
  • Trading fee discounts for active stock and ETF traders
  • Broad range of risk management tools and third-party software
  • Extensive education section with live webinars, trading courses, and and blog
  • Level 2 order book information and dynamic charting features
  • Fast order routing

Key features

  • Access to thousands of stocks, ETFs, futures, options on futures, commodities, and cryptocurrencies
  • Advanced trading tools and dynamic charting features (custom indicators, watch lists, and curve analysis)
  • Multiple advanced order types available (good until canceled and good until date)
  • Free monthly portfolio analysis
  • Support for Expert Advisors and other automated trading software

Lightspeed vs. TastyTrade Comparison

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BROKER COMPARISON

lightspeed-logo
tastytrade-logo

Overall rating

4,0/5

4,1/5

Overall rating

4,0/5

4,1/5

Trading Platform & Tools

3.8

4.1

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 6:1 5:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.1

4.2

See details
Withdrawal Fee $50 per transaction 0
Deposit Fee 0 0
Inactivity Fee $25 if no trading in previous year 0
Cost Per Trade $4.50 0
Cost Per Month Yes, depending the platform 0
Forex (EUR/USD) 0 0
Stocks & ETF $0.0045 per share 0
CFD (Gold) 0 0
Crypto 0 1% open 1% close (max $10 each way)
Options $0.60 per contract $1 per contract
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees 0

Mobile Trading

3.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

3.0

See details
Minimum deposit (in UAE) $10,000.00 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.1

4.0

See details
Shares 4 markets 2400
ETF & Funds 4 markets 0
Crypto 0 25
Commodities 0 0
Indices 0 7
Options 8 markets 0
Futures 9 markets 83
Bonds 0 0
Forex Instruments 0 0
CFD Indices & Funds 0 0
CFD Stocks 0 0
CFD Commodities 0 0
CFD Crypto 0 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.2

3.5

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.2

4.0

See details
Email
Phone
Live Chat
24/7 support
Multilingual Spanish
Personal Account Manager

Winner

Lightspeed vs. TastyTrade Comparison Conclusion

The results of our contrast of Lightspeed vs. TastyTrade are involved the table below.

Broker:Best For:
LightspeedStocks, futures and options; High volume traders
TastyTradeOptions Trading

Picking the appropriate option in between Lightspeed and TastyTrade can be challenging. Both online brokers have similarities however vary concerning trading instruments, platforms & applications, policy, deposit & withdrawals, and research study and education and learning. Picking the very best broker depends on users’ trading & financial investment objectives, individual choices, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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