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Well, I appreciate your contribution to the smaller positive recommendation hearsay pile. Like I said, I'll be trying it for myself eventually but I can't say I have high expectations for more demanding trading setups.

I've heard the software can freeze up on the open with stocks that gap up numerous times. Lots of people talk about it being slow and unresponsive and there are quite a few guides that try to remedy this by increasing memory allocation for the program. Admittedly I am hoping the issues are...

I appreciate the replies and I think I'm just going to have to try both at some point (IB and Lightspeed) to find out myself what works best for my style of trading. Just to add further confirmation that lightspeed doesn't offer real direct market access...

This point is very relevant to the discussion I started in the lightspeed finra violation thread where people bring up IB never re-directing your order, whereas lightspeed does. (Sorry for the tangent OP). Can I ask if you have any insight as to why direct routes could be slower execution...

Thank you very much for this info. That's good to know. I guess the question becomes why are so many people talking about poor fills? I understand some people suggest it's because of an alterior motive, but could it be a difference with directly routed orders and orders that use their smart...

Thank you I will keep them in mind, it's just I've heard it so many times now that their execution speeds are not that good compared to other brokers (particularly concerning for scalping strategies on volatile stocks). Too many times to ignore and some of the people I do trust and the comments...

I believe Finra's issue was with misleading customers. Now Lightspeed clarifies that it can ignore your routing and use payment for order flow. So they're clean in that they've added a note under the routing fees. Not that they no longer do payment for order flow. It seems Centerpoint also...

That's strange, they should show up in the first post - I sourced all the quotations: Finra document showing Lightspeed misleading customers about order routing: Disclosure #1 on https://files.brokercheck.finra.org/firm/firm_35519.pdf Lightspeed's term on their routing fee page about ignoring...

Thank you for confirming, that is what I thought. It's from Februrary 2021, and Lightspeed at the moment has the payment for orderflow and ignoring your actual order routing term on their current website in plain sight - which is what they were actually fined for - misinforming customers. I...

Sometimes it may look like an uptrend/downtrend on a lower timeframe but if you look at a higher timeframe it's a different story. Someone else daytrading might ask, does it make sense to look at anything beyond the 1 or 5 minute, but the 15 minute might show a different pattern. It might look...

Thank you for your response. I've heard contradictory things for Interactive Brokers. They were originally my first choice. In the UK they do not offer a lite and a pro service, there's just one package as far as I know, and I've been told it's not recommended for scalping strategies, and it's...

I'm trying to research the best broker for the absolute fastest execution times and fills. I was led to believe that lightspeed with its direct market access was the best. But I was checking the violations on Finra and came across this recently, from 02/02/2021: - Disclosure #1 on...