Open an account
Opening an account is easy. Let's get started!
I plan to trade
Stock & Options
Futures
I reside in
US
Outside of the US
Resuming an application?
What you'll need to open an account:
Individuals
Income and tax residency information
Personal contact information
Information on trading experience and trading objectives
Entity
Tax and contact information of the organization
Personal and contact information of Beneficial Owners
Registered Organization Documents
Need help?
Get in touch
Our friendly team is always here to chat.
Support
Most Popular FAQs
Some of our most frequently asked questions. For more information, please, visit support.
Is there a fee to open and maintain an account with Lightspeed?
There is no fee to open an account with Lightspeed. Maintenance fees include the following:
· Lightspeed Trader software fee is your total monthly commission charges subtracted from $130. For example, if you incur $100 in commissions for a given month, your total software fee for that month will be $30 ($130 - $100 commissions = $30).
· Market data is $13 for stocks and an additional $10 for options. Pricing for additional data can be found here.
· If your account balance is below $15,000 and you do not incur at least $25 in monthly commissions then you will be charged a $25 monthly minimum inactivity fee.
· All maintenance fees will be charged during the first business week of the month and will be based on commissions generated the previous month.
How do I fund via ACH (electronic funding)?
ACH transfers initiated through your bank will be rejected. Lightspeed requires ACH relationships as well as ACH transfers to be initiated through the customer portal.
If you do not know your login information, please contact a representative for assistance.
- After logging in, go to “My Account” and click on the “Fund Transfers” link. ACH links and transactions initiated through other financial institutions will not be accepted.
- ACH transfers initiated through your bank will be rejected.
- Once the ACH link is verified, ACH transfers take only 2 business days to be completed.
- Lightspeed does not charge for ACH transfers.
- ACH deposits are limited to $30,000 per 60 calendar days.
- ACH links are limited to 1 per client.
What are your domestic wire instructions?
Bank Name: U.S. Bank
Bank Address:
80 S 8th Street, Minneapolis, MN 55402 or,
Portland, OR
ABA/Routing #: 123000848
Beneficiary: Wedbush Securities, Inc.
Beneficiary Address:
1000 Wilshire Blvd, Los Angeles, CA 90017
Beneficiary Account: 153910900825
For Further Credit to (FFC):
Your name and account number*
For cash account types, add a "1" to the end of your account number.
For margin account types, add a "2" to the end of your account number.
What are your international wire instructions?
Bank Name: The Bank of New York Mellon
Bank Address:
225 Liberty Street, New York, NY 10286
Secondary Bank Address:
240 Greenwich St, New York, NY 10007
SWIFT Code: IRVTUS3N
Beneficiary Address:
1000 Wilshire Blvd, Los Angeles, CA 90017
Beneficiary Account: 8540900001
For cash account types, add a "1" to the end of your account number.
For margin account types, add a "2" to the end of your account number.