LightspeedStocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract
- Published fee
- Stocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract
- Minimum deposit
- 10.000 $
Broker comparison
Lightspeed vs.
Questrade
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonLightspeed
QuestradeVS
Summary
Your goal decides.
Questrade has a higher rating of 4.2/5 compared to Lightspeed (4.1/5). Questrade offers 7 instrument types, while Lightspeed offers 4. The minimum deposit is lower at Questrade with 1.000 CAD. Questrade has been in the market since 1999, making it the more experienced provider.
LightspeedUS broker for professional day traders with ultra-fast execution
QuestradeCanada's leading independent online broker with low fees
At a glance
The key differences
| Criterion | Lightspeed | Questrade |
|---|---|---|
| Platforms | Lightspeed Trader, Sterling Trader Pro, Eze EMS | Questrade Web, Questrade App, IQ Edge |
| Product types | Stocks, ETFs, Options, Futures | Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs |
| Options trading | Yes, professional options trading | Yes, Canadian and US options |
| Fee model | Stocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract | Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract |
| Minimum deposit | 10.000 $ | 1.000 CAD |
| Regulation | SEC/FINRA | IIROC |
| More information | Details | Details |
Platforms
Lightspeed
Lightspeed Trader, Sterling Trader Pro, Eze EMS
Questrade
Questrade Web, Questrade App, IQ Edge
Product types
Lightspeed
Stocks, ETFs, Options, Futures
Questrade
Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs
Options trading
Lightspeed
Yes, professional options trading
Questrade
Yes, Canadian and US options
Fee model
Lightspeed
Stocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract
Questrade
Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
Minimum deposit
Lightspeed
10.000 $
Questrade
1.000 CAD
Regulation
Lightspeed
SEC/FINRA
Questrade
IIROC
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
LightspeedQuestradeStocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
- Published fee
- Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
- Minimum deposit
- 1.000 CAD
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
LightspeedCheck the provider’s execution policy and available order types for your account.
Provider informationQuestradeCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
LightspeedStocksETFsOptionsFutures
QuestradeStocksETFsOptionsBondsMutual FundsForexCFDs
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
LightspeedLightspeed Trader · Sterling Trader Pro · Eze EMS
Lightspeed offers three professional trading platforms: Lightspeed Trader, Sterling Trader Pro, and Eze EMS. Lightspeed Trader provides ultra-fast order execution, Level 2 data, customizable hot keys, and multi-monitor support. Sterling Trader Pro complements the offering with advanced routing options and algorithmic trading. Eze EMS targets institutional traders. All platforms offer direct market access (DMA) and are optimized for minimal latency.
Explore platformQuestradeQuestrade Web · Questrade App · IQ Edge
Questrade offers three trading platforms: Questrade Web, the Questrade App, and IQ Edge. The web platform provides standard trading functions with order placement and portfolio overview. IQ Edge is the desktop platform for active traders with advanced charting tools, real-time streaming, Level 2 data, and customizable watchlists. The mobile app enables trading and account management on the go. IQ Edge is particularly designed for options traders and active traders.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
LightspeedUS broker for professional day traders with ultra-fast execution
- Ultra-fast order execution for day traders
- Very low fees for frequent traders
- Professional trading platforms
- Very high minimum deposit ($10,000)
- Not suitable for beginners
QuestradeCanada's leading independent online broker with low fees
- Free ETF purchases
- Canada's leading independent broker
- Options trading on US and Canadian markets
- Only available for Canadian customers
- Stock trading fees not the lowest
Find the broker that fits
Lightspeed oder Questrade?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Your questions
Frequently asked questions
How do fees differ between Lightspeed and Questrade?
Lightspeed: Stocks from $0.0045 per share (250+ trades/month), options from $0.60 per contract. Questrade: Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Lightspeed or Questrade?
Lightspeed offers Stocks, ETFs, Options, Futures. Questrade offers Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs.
How are Lightspeed and Questrade regulated?
The broker profiles list SEC/FINRA for Lightspeed and IIROC for Questrade. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Lightspeed or Questrade better for beginners?
Lightspeed lists a 10.000 $ minimum deposit and offers Lightspeed Trader, Sterling Trader Pro, Eze EMS. Questrade lists 1.000 CAD and offers Questrade Web, Questrade App, IQ Edge. Compare usability, available products and costs for your intended use.
Lightspeed vs Questrade: Which broker is better overall?
The choice between Lightspeed (4.1/5, 420 reviews) and Questrade (4.2/5, 1300 reviews) depends on your needs. Lightspeed: US broker for professional day traders with ultra-fast execution. Questrade: Canada's leading independent online broker with low fees.
Your next step
Your next step
LightspeedUS broker for professional day traders with ultra-fast execution
Open accountRead reviewQuestradeCanada's leading independent online broker with low fees
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.