Day Trading Software – Day Trade With Lightspeed Trader Software
Looking for the best day trading software? Then look at Lightspeed Trader, the customizable trading platform that offers real-time quotes, some of the lowest trading fees and executions faster than ever before. Learn more about the best online stock broker by calling 1.888.577.3123.
Fastest Trading Platform
We’ve been perfecting the Lightspeed Trader Platform for over a decade. We continue to invest heavily in the latest trading technologies to deliver real-time quotes and executions faster than ever before.
Lightspeed Trader is continuously upgraded to give active traders an edge on the market . The technology and features built into our platform are driven by one goal: to give real traders the ultimate tool for seizing market opportunities. We pride ourselves on providing the fastest market data and order management solutions in the industry.
Best Charting Software for Day Traders
Advanced Options Trading
Lightspeed now allows you to easily build and trade complex options strategies like debit and credit spreads, straddles, strangles and butterflies. Our intuitive interface let’s you quickly select the options legs you want to trade and automatically creates multi legged order tickets with your desired strategy. The navigation is simple, intuitive, and extremely powerful. To top it off, take advantage of additional intraday leverage extended to you from hedged options strategies.
Customizable Options Chains
Set up your chains to display the exact info you need to see. Lightspeed offers dozens of columns and settings. Our options chains are fully interactive. Select multiple lines in your chain and automatically send the corresponding strategy to your order entry window. You can also link you chains to stock quotes , level2 options quotes, and options prints (time and sales).
Complex Order Entry (COE)
The COE window can receive multiple lines directly from the options chain. This allows you to quickly and easily select, stage and send your complex options strategy orders. With our low options commissions, you never pay extra for complex orders.
- Covered calls
- Protective puts
- Debit and Credit Spreads
- Long and Short Strangles
- Long and Short Straddles
- Or build your own strategy with any leg combination, including equity legs.
You can do much more with the COE:
- Route your orders directly to a selected options exchange
- Reverse your strategies with the click of a button to reflect your market sentiment
- See how much premium you will pay or receive for each complex order before you send it
- Save your favorite strategies for faster input in future orders
Use this window to see the margin requirements on open orders and trades in each underlier.
- See all trades broken down by individual fill.
- Use the Strategy view to manually break and hedge eligible positions.
- Manually hedge your positions and strategies. Select any row to break an already existing hedge.
- Pin positions to mark them as hedged or broken
- Use Auto-hedge to automatically hedge all eligible positions for the best utilization of margin
Options Level 2 Quotes
- Get an in-depth look at options liquidity at every price level.
- Lightspeed Trader provides you with real-time quote feeds from all the major exchanges.
- Level 2 allows you to see buyers and sellers in the market and offers insight into potential points of resistance and support.
- Integrated time and sales, positions bar, Greeks bar and order ticket
- If your strategy involves scalping options, this feature is a must.
Options Time and Sales
Keep track of where options are actually trading, not just where they are being quoted. Our options Time & Sales window helps you filter out the noise and see where the action really is.
- Link your time and sales window to your options quotes
- Customize and sort your columns based on your preferences
Lightspeed Trader allows you to configure up to 10 personalized screen layouts. Each layout can stretch across four monitors, and you can switch between layouts with the click of a button.
Trade Stocks and Options
Lightspeed lets you trade equities and options from a single screen. View one of our platform intro webinars
to see how simple it is.
Level 2 stock quotes
Streaming Options Chains
Level 2 Options Quotes
Scan the Market for Trading Opportunities
Lightscan screens the entire universe of symbols to display symbols sorted and filtered based on your unique preferences. Sort by over 100 possible Level 1 columns and filter to create infinite possibilities.
Block Ticker lets you track big trades. See what the big boys are trading.
Ticker Alert lets you find stocks that are breaking new highs and lows. See where the momentum is.
- Fast – Our charts are powered directly by our ticker plant. This eliminates any delays between market prints and chart updates.
- Customizable -Easily link charts to Level II screens, create hot buttons to view multiple charts, automatically plot trade executions into your charts, configure time frames, change colors and display options.
- Advanced – Extensive range of studies offered including Comparison Charts, Moving Averages, Relative Strength Indicators, MACD Indicators, Bollinger Bands, and more.
Order Entry to Suit Any Trading Style
Hot Keys. Map any standard or custom order type to a keyboard shortcut.
Order Entry Window. Use your mouse to set up and send your orders.
Basket Trading. Use our List Order Entry window to simultaneously send orders for multiple symbols. The LOE is completely configurable to each trader’s preferences.
Remain Disciplined and prevent order entry errors using our front and back end risk controls.
Build your own orders with predefined parameters. React faster to trading opportunities by sending the order type which will increase your chances of a fill. Once your orders are configured to your liking, they can be sent instantly with the press of a keyboard shortcut.
Tip of the Iceberg
These are just some of the solutions our systems offer day traders. To see everything that our platform has to offer, we encourage you to request a free practice demo account. Our knowledgeable staff can give you a personalized tutorial, and help you configure your layout and order entry options to your specific trading style.
See Lightspeed Trader in action in our video series.