Lightyear commission and other fees

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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

4.6/5

Minimum deposit

Stock fee

Low

Inactivity fee

Account opening

1 day

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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
	Lightyear Lightyear	Trading 212 Trading 212	Revolut Revolut
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
	Lightyear Lightyear
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	0.1%, max $1 per trade
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	£1 per trade
German stock Estimated commission of a $2,000 trade	€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
	Lightyear Lightyear	Trading 212 Trading 212	Revolut Revolut
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$1.0 0.1%, max $1 per trade	$0.0 Commission-free	$5.4 10 free stock trades for Metal and Ultra accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts. Thereafter the commission is 0.25% or minimum country-based fees, whichever is higher.
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$1.3 £1 per trade	$0.0 Commission-free	- Not available
German stock Estimated commission of a $2,000 trade	$1.1 €1 per trade	$0.0 Commission-free	- Not available
Indian stock	- Not available	- Not available	- Not available

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
	Lightyear Lightyear	Trading 212 Trading 212	Revolut Revolut
Deposit fee	$0 Bank transfers are free, debit card/Apple Pay/Google Pay costs 0.5% after €/£ 500 free allowance	$0 Most options are free of charge, but 0.7% fee charged if you deposit more than €2,000 in total on your Invest using Credit/Debit cards or electronic wallets	$0 Free deposit
Withdrawal fee Fee for withdrawing money from the broker account. It is zero if you can withdraw money for free via any method, e.g. credit/debit card or bank transfer.	$0 No withdrawal fee	$0 Free withdrawal	$0 Free withdrawal
Account fee Monthly account fee	No No account fee.	No No account fee	No 0.12% custody fee
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee	No No inactivity fee	No No inactivity fee

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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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.