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Lightspeed vs Ally Invest : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Lightspeed

Lightspeed

VS
Ally Invest

Ally Invest

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

None

Years of Existence / Established Year

2005

2005

Customer Base / Number of Accounts

No information

No information


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

SEC, FINRA

Awards Won (count for the last 2 years)

No major awards listed

No major awards listed

Security Measures

SIPC

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

No

Negative Balance Protection

No

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Commodity futures

10,800+ assets including, CDs, Treasuries, Crypto available through external parterns

Currency Pairs

No

No

Commodities

No

No

Indices

No

Yes

Cryptocurrencies

No

No

CFDs

No

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Light speed trader, Web and mobile trading, Speciality trading platform, Future trading platform, Risk management Software

Web and mobile platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes except Mac, iOS, Android

Yes except Mac


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard account- Individual, Joint, Retirement, Corporate, Trust, LLC, Institutional account- Prime brokerage, Separately Manged account, DVP, RVP,Cash and Margin account

IRA plan, Traditional, Roth IRA, Self-directed trading, Ally Invest Robo portfolios, Personal advice

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$2,000

$100

Leverage Available

4:1 to 2:1

No

Trade Limit (maximum per trade)

Depends on asset class

Non-Pattern Day Trader-3-day trades in 5 business days, Pattern Day Trade- Unlimited day trades

Commission (per account type)

Accounts under $15,000: $25 monthly fee, Lightspeed Trader and Sterling Trader Pro: $0.50 minimum per order, Eze EMS (formerly RealTick): $3.00 minimum commission, Lightspeed Web & Mobile: $1 minimum commission

$0

Best Suited For (e.g., beginners, experienced traders)

Active traders, professionals, and institutional traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, ACH, account transfer, Check

ACH, Wire transfer, Check

Withdrawal Methods

Wire transfer, ACH, account transfer,Check

Wire transfer

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

No

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Platform Tutorials, Market Insights and Analysis, Webinars and Online Events, Trading Education Resources, Market News and Research

Trading Education, Market Insights, Webinars, Online Trading Courses, Forex and Options Education


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Fees & Commissions

Trading-Related Fees

ETFs- $2, Share- $0.001, Future option fee- $1.29

Commission-$0

Spread (typical, fixed, variable)

NA

NA

Per Lot Fees

NA

NA

Options Contract Fees

$0.20

$0.50

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

4:1

No


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Non-Trading Fees

Dormant Fees

$25 monthly minimum

$0

Subscription Fees (for premium features, data feeds)

$130

NA

Advisory Fees

NA

$0.75-$0.85

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

$15 - $50 per month

NA

Account Opening Fee

$20

$0

Account Maintenance Fee

Maintenance fees will be billed weekly, based on the previous month's commissions

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$10

$0

Withdrawal Fee

$20 fee for domestic wires and a $50 fee for international wires, Check standard time- free or overnight $30

Wire transfer- $75


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes- Occasionally

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

4 AM to 8 PM EST on weekdays only.

Pre-market orders between 8:00 am - 9:30 am, ET or post-market orders between 4:00 pm - 5:00 pm ET.


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

Mon - Fri 7am - 10pm ET, Sat 8am - 8pm ET

Customer Support Methods (phone, email, live chat)

E-mail: [email protected], Phone: 1-888-577-3123 , 1-646-393-4800, Schedule a call

Hard of hearing call: 711, Phone: 1-888-925-2559, +1-316-652-6430, E-mail: Login to send a secure message, Live chat

Support Languages

1

2


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Additional Information

Headquarters Location

Chicago office, 181 West Madison Street, Suite 2950, Chicago, IL 60602

Charlotte, North Carolina, USA

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both Lightspeed and Ally Invest offer affordable fee structures, but Lightspeed generally edges out with no inactivity fees and lower commissions on standard trades, whereas Ally Invest shines with bundled research and platform access.
While Lightspeed prioritizes fast registration with minimal steps, Ally Invest focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
Lightspeed excels in real-time trade execution with minimal latency, whereas Ally Invest complements its execution with strong analytical modules and educational support within the platform.
Lightspeed stands out for active traders with robust tools, while Ally Invest suits investors seeking simplicity and ease of use.