SpeedTrader caters to both U.S. and international traders, with distinct account requirements to ensure a tailored experience. U.S.-based accounts can be opened with a minimum deposit of $2,500, while international accounts require a more substantial deposit of $30,000. Non-U.S. accounts with less than this amount are redirected to SpeedTrader International, Ltd., a financial service provider registered in New Zealand. While SpeedTrader International operates under common ownership with SpeedTrader, Inc., it retains the discretion to accept or decline account applications. This dual structure allows SpeedTrader to serve traders worldwide while maintaining regulatory compliance and operational efficiency.

One of SpeedTrader’s standout features is its transparent and competitive commission model, designed to accommodate both high-frequency traders and those with moderate activity levels. Stock trading commissions start as low as $0.0009 per share for active traders, with per-trade plans available from $2.49. The firm also supports options trading, with fees starting at $0.25 per contract. This cost-effective pricing strategy, combined with flexible account structures, attracts a diverse clientele ranging from novice investors to seasoned professionals.

SpeedTrader specializes in providing its clients with access to major U.S. stock exchanges, including the NASDAQ, NYSE, AMEX, and OTC Markets. With Direct Market Access (DMA), traders can execute their orders using more than 25 routing options, ensuring speed and flexibility. This is particularly advantageous for active and day traders who require precision and control over their trades. Additionally, SpeedTrader’s focus on U.S. equities ensures that clients can capitalize on opportunities in one of the most dynamic and liquid markets in the world.

To meet the needs of active traders, SpeedTrader offers cutting-edge trading platforms such as DAS Trader Pro and Sterling Trader Pro. These platforms come equipped with advanced functionalities like real-time Level 2 market data, sophisticated charting tools, and customizable layouts. SpeedTrader also supports mobile trading through its apps, allowing traders to monitor markets and execute trades seamlessly, even on the go. These platforms are designed to handle high-volume trading and are complemented by educational tools like video tutorials to ensure traders can utilize them effectively.

SpeedTrader distinguishes itself by offering resources tailored to the demands of active stock traders. From real-time market updates to short-locate services, the broker equips its clients with tools to identify opportunities and manage risks. Traders benefit from access to one of the most competitive short lists available, enabling them to engage in short-selling with ease. Combined with fast execution speeds and minimal latency, these features make SpeedTrader a preferred choice for traders seeking an edge in the stock market.

Operating under the oversight of the SEC and membership with FINRA and SIPC, SpeedTrader adheres to the highest regulatory standards, ensuring client funds and trading activities are safeguarded. SIPC protection offers an additional layer of security, covering up to $500,000 in securities, including a $250,000 cash limit. This robust regulatory framework gives traders confidence in SpeedTrader’s commitment to transparency and financial integrity, making it a reliable partner for stock trading.