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Lightyear commission and other fees

Your expert
Gergely K.
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Updated
3w ago
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Overview of Lightyear fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates Lightyear charges.

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Lightyear commission and other trading fees

The good news is that Lightyear has low trading fees in general. We ranked the fees of Lightyear as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Lightyear commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Lightyear commission and other trading fees
Stock and ETF
Low Low Low
Forex
- High -
Fund
- - -
Bond
- - -
Options
- - -
Futures
- - -

Now let's go over the trading fees for each asset class one by one.

Lightyear stock and ETF commissions, spreads

Lightyear stock and ETF commissions are low. Lightyear stock and ETF commissions are charged as per the table below.

Lightyear stock and ETF commission
US stock
0.1%, max $1 per trade
UK stock
£1 per trade
German stock
€1 per trade
Indian stock
Not available

You can compare Lightyear stock and ETF fees with the two closest competitors.

Lightyear stock and ETF commission, spreads vs competitors
US stock
$1.0
$0.0
$5.4
UK stock
$1.2
$0.0
-
German stock
$1.1
$0.0
-
Indian stock
-
-
-

Stock and ETF commissions are calculated for a $2,000 trade

Lightyear non-trading fees

In addition to trading fees, it's important to see if Lightyear charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Lightyear with its two closest competitors.

Lightyear non-trading fees vs competitors
Deposit fee
$0
$0
$0
Withdrawal fee
$0
$0
$0
Account fee
No
No
No
Inactivity fee
No
No
No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Lightyear and its closest competitors. To learn more about Lightyear, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

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Author of this article

Gergely Korpos

Co-Founder, CPO | Equity • Community Trader • Financial Market

With over a decade of experience in financial markets, I've executed thousands of trades as both a commodity trader and an equity portfolio manager. I have hands-on experience in opening accounts with the brokers that are listed on BrokerChooser. As the co-founder and Chief Product Officer (CPO) of BrokerChooser, my mission is to demystify personal investing for all.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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