Head to head

Lightspeed Trader vs tastytrade

Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.

 
31/100
53/100Higher score
Category rank#17#6
ConfidenceMedium confidenceHigh confidence
External Reputation66
AI Authority1526
Web Authority3357
Expert Assessment5469
TOP10 User Score
Pricing$3.99 per trade, or $0.0035 per share with a $0.25 per-order minimum (lowest volume tier) · free tier: None — accounts under $15,000 incur a $25 monthly minimum commission fee (net of prior-month commissions)$0.75 per micro futures contract to open and $0.75 to close, plus $0.30/contract clearing fee + exchange fees + NFA fee · free tier: None — no plans or subscriptions; stocks and ETFs trade at $0.00 commission (clearing fee $0.0008/share + regulatory fee) and event contracts at $0.00 commission
Pricing modelUsage-basedUsage-based (per contract / per trade commissions, no subscription tiers)
Best forUS day traders and prop-style traders doing at least ~1–3 million shares or 1,500+ trades a month, keeping well above $15,000 in the account, routing their own orders and willing to negotiate their commission tier by phone.US-based active retail traders working micro and E-mini equity-index futures and futures options who want SPAN-based risk tooling in one account and fund by ACH.
Avoid if You trade a few times a month, hold a balance under $15,000, are a buy-and-hold investor, expect $0-commission equities, or need a fixed all-in published price before opening an account. You are a non-US resident, finance positions on equity margin, trade high-volume futures options expecting the $10 cap, are crypto-led, or may transfer out soon.
MarketsActive/day traders, Professional and prop-style traders, Retail high-volume tradersRetail self-directed traders, Active derivatives traders, Small-to-mid account sizes
Founded
HeadquartersNew York, NY, USAChicago, Illinois, United States (1330 W Fulton St., Suite 600)

A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.