Hi Robert, So the total cost with Lightspeed Trader would be very roughly half what it is at TOS TDA or IBKR? Is this subject to a $1 per leg minimum? On complex spreads there are many legs but they might be only quantity one. More importantly, does it end up coming down to the same total cost as IBKR anyway in some sense, because IBKR does not use PFOF and so gets better fills (if that is true)? Thanks
On our website, before any volume discounts, using Lightspeed Trader, the commissions is $0.60/Option, min $1. If your order is for an .SPX options, at trade we will charge you an additional $0.62/options for a total of $1.22. This does not include the Reg fees (ORF, SEC and TAF) but does include the OCC fee, currently $0.02/option. https://www.lightspeed.com/pricing/routing-fees/