Lightyear fees explained

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Independent

Overview of Lightyear fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Lightyear is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Lightyear's trading fees fairly low

Adam Nasli

Financial Wizard | Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Lightyear fared:

Lightyear charges low fees for trading stocks and ETFs.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of Lightyear for info on safety, trading platforms and funding.

Lightyear fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	0.1%, max $1 per trade
EURUSD fee	-	FX not available
US tech fund fee	-	Only money market funds are available: 0.30% under €1 million, 0.20% between €1 million and €25 million and 0.09% for amounts above €25 million
Inactivity fee	Low	No inactivity fee

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Low stock and ETF commission

It's extremely great that Lightyear provides commission-free ETFs.

Lightyear stock and ETF fees by market
	Lightyear Lightyear	Trading 212 Trading 212	Revolut Revolut
UK stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$1.3 £1 per trade	$0.0 Commission-free	- Not available
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.
German stock Estimated commission of a $2,000 trade	$1.1 €1 per trade	$0.0 Commission-free	- Not available

No inactivity fee, no withdrawal fee

There is no account, inactivity, or withdrawal fee.
There is also no fee for bank transfer deposits. However, debit card/Apple Pay/Google Pay payments have a lifetime free allowance of only €500. It means that if you reach this limit, you will be charged 0.5% for deposits.

Lightyear inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
Lightyear		$0
Trading 212		$0
Revolut		$0

There is also a 0.35% FX fee if you trade a stock denominated in a currency other than the cash you invest (e.g. if you hold USD but trade a EUR-based stock).

Lightyear FX conversion for a $10,000 conversion
	Lightyear	Trading 212	Revolut
Conversion fee	35.0	32.5	45

Unlike some other brokers, Lightyear allows you to hold multiple currencies at the same time. This is great because you can easily avoid FX conversion by holding the currencies you need for investments (e.g. holding USD if you invest in US stocks).