Terrible they want you to lose
No functions on Lightspeed are set up intuitively because you are the losing customer and the winning customer is the exchanges and the market makers. Their functions will be incorrect like buying power and your liquidity. Your reports will come in late and useless to comprehend. You won’t see your P&L intuitively like you would a standard consumer brokerage with deposits, though Lightspeed has faster execution and a bit better price transparency. However, it offers just enough and you get worse transparency with a platform that offers full visual of multiple prices at once. The absurdity of how crooked these electronic brokerages are is obscene, and in the coming years SEC and other regulators will crack down, recognizing how tilted their setups are in order to lean in favor of the retail customer losing money vs the exchanges and market makers who make money for clearing orders, paying spread, etc. Lightspeed was fined once for fraudulent pricing practices by the SEC, and similar practices remain today in an attempt to confuse YOU.
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