Trade with a brokerage firm that understands active traders.
Professional broker for Small-Cap Traders
7 Stock borrow/loan short locate tools
Extended trading hours" from 4 AM to 8 PM EST
Resources for trading like a pro...
Get leverage, locates and lighting fast platform!
Real traders use speedtrader
For the *stock locates* you can't find anywhere else, at the lowest cost.
SpeedTrader is designed with the active trader in mind. Traders who choose SpeedTrader have access to powerful trading platforms, market-leading technology, and exceptional customer service.
Speedy Executions
Fast direct market access broker with access to over 25 routing options.
Low-Cost Trades
Competitive commissions for both per-share and per-trade plans.
Integrated Locates
Get access to 4 third-party locate services so you have access to the best short lists.
Why choose SpeedTrader?
well.. we built it for you.
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Day Trade as much as you like.
We're one of the best brokers for day traders.
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Live 24/7 support
Qualified live chat support available 24/7.
EVERYTHING YOU EXPECT & MORE: Level -2 Quotes, Advanced Charting, Direct Market Access, Customization, Hot Keys, & More.
Frequently asked question
You have questions. We've got answers. Here is a list of the most frequently asked questions.
1. Account FAQs
What is the minimum amount needed to open an account?
The minimum deposit to open an account is $10,000.00. If your account falls below $500.00, you will be restricted from trading until you bring your balance back to $2,000.
How can I fund my account?
You can login to your account and see the many funding options available.
How can I withdraw funds from my account?
To withdraw funds from your account, please follow these simple steps:
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Login into your SpeedTrader Account Dashboard at: https://app.speedtrader.net/ with your username (your registered e-mail).
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Once logged in, click into the ‘Banking’ tab at the top of the page.
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Click on ‘Withdraw’
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Select your preferred withdrawal method. Please note that funds are required to be sent back the same way they were received, unless your funds exceed the amount deposited, the portion that is in excess can be sent any way.
2. Support FAQs
How much leverage/margin do you have on my account?
Intraday leverage is 6-1 on marginable security. The firm or its cleaning firm can reduce the leverage on any security based on violativity or risk without notice.
Any account that is holding more than 2-1 leverage at 3:55PM EST, 5 mins before the market close, may be reduced in position to 1-2 leverage.
Overnight leverage is 2-1 on marginable securities.
Are my funds Protected or Insured?
No.
Where is the SpeedTrader International registered?
Speedtrader International Limited is a New Zealand Registered company. Company # — 5687087. Industry Code — K641120: Financial asset broking service. Registered FATCA Foreign Financial Institution — GIIN # Z9N3YD.99999.SL.554
3. Billing FAQs
How much does it cost to execute a trade?
Please see our pricing page.
When will I be billed for market data?
Market Data is billed on the 1st of every month and at the time you initially set up your market data platform.
How much does it cost to make a withdrawal?
Withdrawal fee is $60, plus whatever the 3rd party charges.
Speedtrader International Limited is a
New Zealand Registered company.
Company # — 5687087. Industry Code — K641120: Financial asset broking service. Registered FATCA Foreign Financial Institution — GIIN # Z9N3YD.99999.SL.554
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Speedtrader International Limited
Registered Company Number: 5687087
New Zealand | Industry Code: K641120 - Financial Asset Broking Service
Financial Markets Authority (FMA) AML Reporting Entity, Not Regulated, Approved or Licensed by FMA
Registered FATCA Foreign Financial Institution
GIIN # Z9N3YD.99999.SL.554
Note: SpeedTrader International Limited will not open accounts for persons or entities domiciled in the United States or New Zealand.