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Lightspeed vs Sofi Active Investing : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Lightspeed
Sofi Active Investing
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
Market maker
Years of Existence / Established Year
2005
2019
Customer Base / Number of Accounts
No information
6.2+ Million
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
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
Commodity futures
IPO, IRA, Shares
Currency Pairs
No
No
Commodities
No
No
Indices
No
No
Cryptocurrencies
No
Yes
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
No
Bonds
No
No
Mutual Funds
No
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
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
Mobile and Web app
Platform Compatibility (Windows, Mac, iOS, Android)
Yes except Mac, iOS, Android
Yes
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
Individual brokerage, IRA (Traditional, Roth, SEP)
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$2,000
$0
Leverage Available
4:1 to 2:1
No
Trade Limit (maximum per trade)
Depends on asset class
Account Equity < $25,000: No 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
Passive investors
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, ACH, account transfer, Check
Bank transfers (ACH), direct deposit from linked bank accounts
Withdrawal Methods
Wire transfer, ACH, account transfer,Check
ACH transfer back to linked bank accounts
Other E-Wallets Supported
No
No
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
Learn (Investing Education), Market Insights and Analysis, Webinars, Investing Guides, Financial Planning Tools, Sofi Insights (Market News)
Fees & Commissions
Trading-Related Fees
ETFs- $2, Share- $0.001, Future option fee- $1.29
Stocks, ETFs-$0,Commission -$0
Spread (typical, fixed, variable)
NA
NA
Per Lot Fees
NA
NA
Options Contract Fees
$0.20
$0- $5
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
4:1
No
Non-Trading Fees
Dormant Fees
$25 monthly minimum
$25
Subscription Fees (for premium features, data feeds)
$130
NA
Advisory Fees
NA
Depending on assets type, Professional charges- 1% , annual advisory fees as low as 0.25%
Swap Fees (Overnight Financing)
Yes
NA
Statement or Document Fee
$15 - $50 per month
$5 paper statement fee
Account Opening Fee
$20
NA
Account Maintenance Fee
Maintenance fees will be billed weekly, based on the previous month's commissions
NA
Deposit Fee
$0
NA
Currency Conversion Fee
$10
NA
Withdrawal Fee
$20 fee for domestic wires and a $50 fee for international wires, Check standard time- free or overnight $30
Outgoing ACAT transfers $100
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
4 AM to 8 PM EST on weekdays only.
Depends on the instrument offer
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
Monday - Friday 5am-5pm PT
Customer Support Methods (phone, email, live chat)
E-mail: [email protected], Phone: 1-888-577-3123 , 1-646-393-4800, Schedule a call
Live chat, Phone: 855-456-7634, Virtual assistant
Support Languages
1
1
Additional Information
Headquarters Location
Chicago office, 181 West Madison Street, Suite 2950, Chicago, IL 60602
San Francisco, California.
Complaints (for crypto brokers)
No
No
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