Speedtrader Pro Review 2023
|By: Jeremy Biberdorf||June 13, 2022|
In a nutshell: SpeedTrader Pro is a trading software that provides users with various timing indicators and stock charting capabilities. You can find various chart types, such as candlestick and price charts, and jump straight into the action with intra-day and real-time daily charts. You can keep track of your trades, open orders, account balance, positions, and realized and unrealized profit and loss.
We believe SpeedTrader Pro is one of the best desktop trading software out there, and you will see why as you keep reading.
|Online desktop trading platform||$49.00 to $104/month||14-Day free trial|
- Extraordinary fast trading platform
- Advanced chart studies
- Multi-Account Access
- Hotkey trading
- No APIs
- Not suitable for newbies and infrequent traders
- Limited tradeable asset source
- Trading is limited to certain regions
Compare to Other Trading Platforms
Fees$49.00 to $104/month
Promo14-Day free trial
FeesMaker: 0.02% - 0.00%.
Full SpeedTrader Pro Review
Speedtrader Pro is a powerful trading platform for active traders. It’s a desktop trading program that’s designed for day traders. Real-time market data, enhanced features, direct access order routing, and more are available.
SpeedTrader Pro is best for:
- Active day traders
- Professional traders who need access to advanced online trading features
- Multiple account traders
SpeedTrader PRO is a desktop-based trading tool with a lot of functionality. The software provides advanced trading options, account management capabilities, and real-time streaming.
On both Mac and Windows devices, the interface is designed such that features are easy to find and use. Stock scanners, 25 routing choices, and 100 hotkeys are available to traders. There’s also a decent amount of customization, allowing users to select a look and feel that suits them. The platform has received mostly positive feedback, and it will satisfy the needs of experienced traders.
Please read our full SpeedTrader Pro review below to know more about the core features of SpeedTrader Pro Software.
What is SpeedTrader Pro?
|Product Name||SpeedTrader Pro|
|Services||Advanced level trading Platform|
|Membership Fee||$49.00 to $104/month|
|Customer Service||Live chat, email, phone, and fax support|
|Promotions||14-Day free trial|
SpeedTrader Pro is the company’s flagship trading platform. This is the primary trading platform from which you will execute your trades. Here, you can pick between two types of accounts. The primary difference is how you want your fees to be calculated.
SpeedTrader PRO is optimized for speed so you can concentrate on what you do best: trading.
In simple terms, it promises speed, efficiency, and reliability!
It’s a lightning-fast platform that many other trading platforms want to be like. The order book with market depth displays liquidity throughout the marketplace. Additionally, for years, SpeedTrader Pro has been ranked as one of the fastest platforms.
This platform was designed with expert traders in mind. The features considered below may be too complex for new traders to grasp.
SpeedTrader Pro Features
SpeedTrader Pro has garnered several positive reviews from many traders and will meet the needs of any experienced trader.
As an all-in-one trading workstation, the platform allows you to strategize, analyze and execute all your trades on a single platform. It also has cutting-edge features that can help you improve your trading results.
Let’s look at some of its outstanding features.
Advanced Charting: Multiple Chart Types
SpeedTrader PRO comes with advanced charting features and a wide range of stock charting and timing indicators. You can select different chart types, such as Candlestick, Price, etc.
Level 2: Real-time Streaming
SpeedTrader PRO provides real-time streaming Level 2 and Time & Sales statistics. From the Level 2 screen, you can modify your settings, connect to your charts, and place orders.
Account Management: Portfolio and Positions
With SpeedTrader Pro, you can manage several accounts directly from the platform. You can also control your positions, keep an eye on your profit and loss, and trade easily.
SpeedTrader Pro Pricing
Just like SpeedTrader pricing, clients can select between a per-trade or per-share commission structure with SpeedTrader Pro. Pricing starts at $2.95 per trade, $0.0025 per share, and $0.30 per contract for options. Accounts with fewer than 15 trades executed per quarter will be fined a $30.00 inactivity fee.
Frequently Asked Questions
SpeedTrader is registered with FINRA and SIPC in the United States. Traders can open an account with the understanding that if the broker acts unlawfully, they may face the consequences.
Yes, SpeedTrader accepts non-US clients. Customers from Europe should contact customer service to set up an account. Clients from some countries, such as Canada, are not permitted to open a SpeedTrader account.