Account types

We have a variety of account types to suit the needs of active traders.

Standard accounts

Standard accounts support Cash, Cash and Margin, Cash and Options, Margin, Margin and Option


An account with only one owner.

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An account with two or more owners. Supported types; Joint Community Property, Joint Tenants in Common and Joint with Rights of Survivorship.

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Traditional IRA, Roth IRA, and SEP IRA

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A corporate account, also known as a business account, refers to a bank account that a business uses to hold its money.

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A trust account is an account whereby the account owner (trustee) manages the account for one or more beneficiaries (trustees).

Open an account


A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for their debts or liabilities.

Open an account

Institutional accounts

Interested in learning about our services? Complete our quick contact form, and we will schedule a call to discuss your needs.

Prime Brokerage

An arrangement by which an investor may enter derivatives trades with a limited number of different brokers but later consolidate these trades at the end of the trading day with only one broker for clearing.

Separately Managed Account (SMA)

An advisory account that is not a pooled investment vehicle (i.e., a registered investment company, business development company, or private fund).


An account whereby payment for securities purchased is made to the selling customer's agent and/or delivery of securities sold is made to the buying customer's agent in exchange for payment at the time of settlement, usually in the form of cash.

CMTA Agreements

An arrangement by which an investor may enter derivatives trades with a limited number of different brokers but later consolidate these trades at the end of the trading day with only one broker for clearing.

Account Types

Margin Account Types

Regulation T Account

According to Regulation T, you may borrow up to 50% of the purchase price of securities that can be purchased on margin. This is known as the initial margin.

Learn more about margin accounts

Portfolio Margin

SEC-approved portfolio margining rules, allow margin requirements to reflect the actual risk of the entire portfolio more accurately in a specific brokerage account. This means that qualified customers may increase their leverage beyond the 4 to 1 intraday or 2 to 1 overnight margin available in a standard margin account.

Learn more about portfolio margin accounts

Learn more

Cash and margin accounts

Subscriber types

Market data

The definitions for a Non-Professional and Professional trader are defined by the NYSE and most other US exchanges. It's important that you understand the differences and how they can impact you.

Non Professional

A natural person and cannot be a corporation, trust, institution, or partnership account.


A registered nor qualified natural person in any capacity with the SEC, the CFTC, any state securities agency, any securities exchange or association or any commodities or futures contract market or association and, engaged as an "investment advisor," as that term is defined in Section 202 (a) (11) of the Investment Advisors Act of 1940 (whether or not registered or qualified under that Act); and employed by a bank or other organization exempt from registration under Federal and/or state securities laws to perform functions that would require him/her to be so registered or qualified if he/she were to perform such functions for an organization

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Equities, equities options, and commodity futures products and services are offered by Lightspeed Financial Services Group LLC (Member FINRA, NFA and SIPC). Lightspeed Financial Services Group LLC’s SIPC coverage is available only for securities, and for cash held in connection with the purchase or sale of securities, in equities and equities options accounts. You may check the background of Lightspeed Financial Services Group LLC on FINRA’s BrokerCheck.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options

ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.