Yes, NobleTrading is a division of Lightspeed Trading, LLC who is a member of SIPC. As a member of the Securities Investor Protection Corporation (SIPC)
funds are available to meet customer claims
up to a maximum of $500,000 in cash and securities with a $100,000 cash maximum. Additionally, our clearing firm Penson holds Excess SIPC Insurance of $200,000,000 in the aggregate, over all customer accounts, subject to a maximum limit of $900,000 per Customer in respect to cash.
This "Excess SIPC" protection is in addition to the protection provided by the Securities and Investors Protection Act, which is administered by SIPC and is subject to certain conditions and limitations, details of which are available upon request. Note SIPC and Excess SIPC provide coverage against loss of securities and cash, not against market depreciation, fluctuation in market value of your securities or a trading loss. For details visit www.sipc.org.
NobleTrading offers two different commission schedules for equities: $7.95 per trade or $.008 per share with a $3.95 minimum. For our complete commission and fee schedule, click here.
Yes, we offer free real-time demonstrations of all of the platforms that we offer. To find the platform that is right for you, please visit our trading software page. You can register for a demonstration here.
Once your account documents are completed and approved you will be able to access your account. Trading can begin once your account is funded.Click here to open a new account.
You are only charged margin interest if you use leverage on an overnight position. There is no charge for using intraday margin. In addition, you are not charged margin interest if you buy stock in your margin account, whose value does not exceed your equity.
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Join NobleTrading today. Click below to open a new trading account.