Is Lightspeed a good broker for futures trading?

Lightspeed is one of a handful of brokers NerdWallet rates that offers futures trading. Lightspeed's going rate is $1.29 per side, and it has multiple platforms to serve futures traders. Eze EMS is a desktop platform for active futures, stock and options traders.

How many trading platforms does Lightspeed offer?

To account for that, Lightspeed has multiple trading platforms, with several that cater almost exclusively to hedge funds and institutions. Two — Lightspeed Web/Mobile Trader and the desktop-based Lightspeed Trader — are best suited for nonprofessional individual investors.

What is the difference between Lightspeed trader and IBKR?

IBKR has consolidated all options and functionality into a singular platform, rather than having to utilize different platforms for different features as Lightspeed does. Lightspeed’s desktop platform, Lightspeed Trader, offers direct market access for active traders, hedge funds, and institutions.

Who is Lightspeed for?

Lightspeed supports just a few asset classes (equities, options, and futures), which immediately narrows down who Lightspeed is for. Otherwise, Lightspeed is best for high-volume, active traders who can benefit from the tiered pricing—and afford the $10,000 to $25,000 buy-in.