It's the support of our stock market trading community members and the coaching provided by our moderators that will take you from being a little green as a trader to finishing the week green. If you do not agree with any term of provision of our Terms and Conditions you should not use our Site, Services, Content or Information. They now have 4 new pools called CURV, CUTL, STCK and CWEN. This application has many trading features such as Fast Trade Executions + Level II, Direct Access Order Routing, Advanced Charting, Supports Multiple Screens and more. Day trading is subject to significant risks and is not suitable for all investors. Oral communications should be re-confirmed in writing to protect your rights or via fax. No information provided by Mint Global, directly or indirectly, should be considered a recommendation or solicitation to adopt any particular trading or investment strategy, or to invest in, or liquidate, a particular security or type of security. What about SpeedTrader vs TradeStation pricing? Read our full disclaimer before making any trades – https://bullishbears.com/disclaimer/, One of the reasons you’ll find SpeedTrader in your googling results is likely because it has been around for a long time servicing the day trading industry. Standard slate of day trading features, inclu… We may be compensated by the businesses we review. Read on to see why we love SpeedTrader for good reason. "I feel the need … the need for speed - a SpeedTrader Review, that is!" Whilst the fees are competitive, the trading instruments are limited when compared to other online brokers … Check the background of Mint Global Markets, Inc., on FINRA’s broker check. Day Trading Can Be Extremely Risky. Is SpeedTrader or TradeStation better for beginners? Mint Global Markets, Inc. (“Mint Global”) conducts business under the name Speedtrader. Customers who want to use their accounts for day trading must obtain the broker-dealer's prior approval. Future results are never guaranteed. Yes. This new feature will help you find shares that everyone desires to short but simply cannot find on many other brokers. This fee is assessed on all SELL orders and $0.0002 per option contract and is added to any total commission charged. As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000 (including $250,000 for cash claims). Having multiple routing options, over 25 with this company, is important when the speed of trade executions and liquidity often determines the success of a trading plan. SpeedTrader offers competitive commissions fees with stocks starting at $4.49 per trade and options starting at $0.40 per contract. (SpeedTrader Short List), SpeedTrader is one of the best day trading platforms. No testimonial should be considered as a guarantee of future performance or success. * $2.00 Minimum commission per trade for all ApexPro clients. On the SpeedTrader PRO software, you can check one of 2 ways. You may click the “Test Drive Now” button on the left-hand side of this page. This broker offers various trading platforms (web-based and desktop) designed for buy, sell, or trade stock options & stocks. For our 2020 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. In 1999, Guy Gentile, one of the youngest persons to ever own a licensed broker dealership at the time, launched the trading brokerage service to provide direct access trading with added value compared to a typical online broker. If clients request these documents to be sent electronically by email, then there is no fee for that delivery. One of the reasons you’ll find SpeedTrader in your googling results is likely because it has been around for a long time servicing the day trading industry. The desktop program may be called SpeedTrader Pro but it’s running on the Das Trader Pro platform. Looking at Mutual Funds, TradeStation offers its clients access to 4357 different mutual funds while SpeedTrader has 0 available funds, a difference of 4,357. All rights are reserved. You can only change plans once per month. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions. Does SpeedTrader or TradeStation offer a wider range of investment options? If your dream is to become a skillful consistent trader, Bullish Bears has well over $3,000 worth of courses at your disposal but beyond the education programs that we've put together for you. $2000 for margin accounts. SpeedTrader offers a demo account for a period of 30 days. The interest charges will then be assessed on an illiquidity requirement imposed on the clearing firm, which could be many times the value of the trade. $0.0044 per share, $1.99 min per trade (only for accounts above $25,000), $0.40 per contract ($1.99 min per trade) + routing and other fees, SpeedTrader minimum deposit to open account, $0 for cash account, $2,000 for margin account. All information regarding the likelihood of potential future investment outcomes are hypothetical. Nothing in this website should be considered an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction. There will also be interest of 6 basis points annualized on these stocks based on the total position dollar value. * We hold all initial ACH transfers for an additional 3 business days. From time to time, Mint Global presents webinars, which may be accessed via links on this site and through other content providers, in order to offer an opportunity to hear from a professional day trader. How do we make money? -At the moment this broker does not offer trading contests. Option contracts are pricier at TradeStation, costing $0.50 versus $0 at SpeedTrader. Day Trading Accounts : There is a $30,000 minimum required to establish a day trading account. SpeedTrader’s brokerage services are designed with the active trader in mind. If a client trades in excess of these restrictions, then their accounts will be subject to fees and interest charges and possible buy in or sell out of the violating position during the 3-day settlement period of those trades. The interest rates charged to clients who violate these restrictions will be a minimum overnight rate of 15% of the illiquidity requirement. You may fund your account via Wire or ACH. Future results are never guaranteed. Please complete the ACAT form and return it to us. ). It is a professional trading platform which specializes in stock and option trading. For options orders, an options regulatory fee per contract may apply. Customers must also be aware of, and prepared to comply with, the margin rules applicable to day trading. * $1.99 minimum order charge applies to all equities and options orders for COR clients. Accounts that fall below the required minimum will be subject to certain restrictions, and additional funds may be required. Trading non-DTC eligible securities will incur additional settlement fees including; a DTC Physical Trade fee of $150 and a shipping fee $40 (when necessary). This broker is registered and regulated by the following financial regulators: FINRA (Financial Industry Regulatory Authority) of United States. Real-Time Trade Alerts – Posted Several Times Per Week. The Das Trader products are powerful and liked by many day traders. Inquiries, concerns, questions or complaints should be communicated to the above email, fax, or mailing address with Attn: Compliance. Repeated violations of this policy will result in the account being closed. Yes. There are special risks involved with trading on margin. SpeedTrader routing options can generate ECN rebates which may lower your commission costs. With both SIPC and Lloyd’s of London coverage, accounts are protected up to a total of $25 million per client (as defined by SIPC rules) including up to $1 million for cash balances. You’re 100% responsible for any investments that you make. If you sign up and never get an email back please check your spam filter or email us at [email protected]. For more information or to request a review and/or exception, please contact [email protected] or call customer service at 1 (800) 874-3039. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal opinions. These platforms are licensed products of DAS INC. a provider of electronic trading solutions. As for commission fees, the per-trade pricing starts at $4.49/trade, the per-share pricing starts at $0.0044/share, and if you trade options, pricing starts at $0.40/contract. Trade Ideas – Gappers Updated Daily By 9:15 am, Is SpeedTrader the Best Day Trading Platform? Users are solely responsible for making their own, independent decisions about whether to use any of the research, tools or information provided, and for determining their own trading and investment strategies. Please see our General Disclaimers for more information. Mint Global receives compensation from some of these third parties for placement of hyperlinks, and/or in connection with customers' use of the third party's services. All rights reserved. Plan B offers a $.0039 per share rate with a $.99 minimum order. These are only guideline amounts and lower trading volumes can also trigger illiquid charges, which will be passed through as well. Any examples that discuss potential trading profits or losses may not take into account trading commissions or fees, which mean that potential profits could be lower and potential losses could be greater than illustrated in any example. Also please note that you alone are responsible for any orders placed in your account or through your user and the resulting executions from those orders. We’ll let you copy our trading strategies but we don’t make money 100% of the time.