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Lightspeed vs Tradier
The same facts side by side. Swap a broker from the menu under its logo; the best value in each row is marked.
- Lightspeed leads
- 0
- Tradier leads
- 4
- Level
- 6
Of 10 scored facts, Lightspeed leads on 0, Tradier on 4, and 6 are level. Countries and the offer are not scored.
Head-to-head
The best value in each row is marked; rows where every broker matches carry no mark.| Fact |  Lightspeed |  Tradier |
|---|---|---|
| Fee per contract | $0.50 per contract | $0.35 per contractBest |
| Lightspeed, Web and mobile orders have a $1 minimum; other fees apply | Tradier, Paid plans differ; other fees apply | |
| Exercise and assignment | $15 | $9Best |
| Approval | Naked | Naked |
| Lightspeed, Up to naked short options | Tradier, Up to naked short options | |
| 0DTE | Not published | Yes |
| Index options (SPX) | Yes | Yes |
| Options on futures | Yes | Yes |
| Spreads in an IRA | Not published | Yes |
| Portfolio margin | Yes | Not published |
| Margin rate | 10.00% | 9.75%Best |
| Platforms | Web, Desktop, Mobile, API | Web, Desktop, Mobile, API |
| Paper trading | Yes | Yes |
| 24/7 support | No | No |
| Countries | US and non-US residents (non-US needs $5,000; no country list) | US and permitted-list countries (not Canada, UK, Australia); in India no options or margin |
| QuantWheel | Not connected | Sync · Trade soonBest |
| Tradier, Reads the account; placing orders from QuantWheel is coming soon | ||
| Offer |
Facts from each broker's fee schedule and options agreement, checked 8 October 2026. Best marks the lowest cost or the widest allowance in a row.
The two brokers
One paragraph each.Lightspeed$0.50 per contract · $15 per event · naked
Lightspeed opens options accounts for residents of the United States, among the 9 countries this directory covers. It charges $0.50 per contract (Web and mobile orders have a $1 minimum; other fees apply). Exercise and assignment cost $15 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. It is not connected to QuantWheel.
Tradier$0.35 per contract · $9 per event · naked
Tradier opens options accounts for residents of the United States, Germany, Singapore, Mexico and Brazil, among the 9 countries this directory covers. It charges $0.35 per contract (Paid plans differ; other fees apply). Exercise and assignment cost $9 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; placing orders from QuantWheel is coming soon, so today you place them at the broker.
What each costs for the way you trade
A year of fees from each broker's published prices, checked 7 and 8 October 2026.
- Lightspeed$3.70 a trade, 3.1% of your premium
- $355 a year
- Tradier$1.99 a trade, 1.7% of your premium
- $191 a year
$164 a year less at Tradier
Not counted because Lightspeed does not publish them: clearing fee, FINRA trading activity fee.
Estimates from published fees. Your broker statement can differ, and brokers change fees. A fee a broker does not publish is never counted as $0.
Questions people ask
Lightspeed vs Tradier