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Lightyear Minimum Deposit

Adam Nasli
Written by
Adam Nasli
Krisztián Gátonyi
Fact checked by
Krisztián Gátonyi
Updated
Sep 2023

Here's how to deposit money to Lightyear as of September 2023

Reading time: 3 minutes

It's great that you are looking for deposit options at Lightyear to take charge of your finances. We would encourage you to carry on! Your future self will be grateful to you.

There are several ways to start your journey, let's walk through the options together!

To give you a brief summary: Lightyear is a UK/EU-based stockbroker that was founded in 2020. The broker has regulation in the UK and Estonia.

My key findings in a nutshell
I’ve thoroughly tested Lightyear services with our analyst team by opening a real-money account and these are my most important findings:
  • The minimum deposit at Lightyear is $0
  • Lightyear charges $0 for deposits
  • You can only deposit funds from accounts that are in your name
  • Visit Lightyear's page to start the process
  • Lightyear is a reliable broker regulated by at least one top-tier regulator

First, let's see if Lightyear is available in your country?

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Lightyear minimum deposit as of September 2023
Is Lightyear safe?

To trust your money with a broker, you need to be sure that the broker is considered reliable. BrokerChooser only recommends regulated brokers, meaning the broker's operations are overseen by a trusted body.

Lightyear can be considered a legit broker, as it is overseen by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will be able to access your funds.

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Lightyear minimum deposit as of September 2023
What is the minimum deposit at Lightyear?

At Lightyear, the minimum deposit is $0. This means that you can deposit as little money as you wish.

After you have completed the registration and verification process, you need to fund your account to start trading.

This is where you stand in your journey to your first trade at Lightyear

Brokers that don't require a minimum deposit do so to encourage people to try their services without requiring a large initial commitment.

Here's a tip: don't worry if you decide to switch brokers after depositing. You can always opt out and withdraw your funds.

Also, at Lightyear, there is no inactivity fee. This means that you won't be charged any fee, if you decide not to use your account in the future.

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Lightyear minimum deposit as of September 2023
What base currencies are available at Lightyear?

At Lightyear, the following base currencies are available: GBP, EUR, USD, HUF. Try to deposit money to your brokerage account in your account's base currency, otherwise you will be charged a conversion fee.

To avoid high conversion fees, consider opening a multi-currency account at a digital bank.

Lightyear minimum deposit as of September 2023
What deposit methods are available at Lightyear?

At Lightyear, you have multiple options to choose from when you want to deposit money to your account. These options are the following: Bank transfer, Credit/debit cards, Apple Pay, Google Pay, iDeal.

All these options are great, choose the most convenient one for you to be able to start trading. And remember, you can only deposit funds from accounts that are in your name.

There is also a difference in average transfer time for different deposit methods. While credit/debit card and e-wallet transfers are usually instant, bank transfers may take 2-3 business days to arrive.

Deposit options Lightyear
Bank transfer Yes
Credit/Debit card Yes
Electronic wallet Yes

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Lightyear is not available in the United States
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Lightyear minimum deposit as of September 2023
Is there any deposit fee at Lightyear?

The answer is no. No deposit fees will be applied at Lightyear.

This is great because the broker won't deduct anything from your deposits, and you only have to calculate with the costs charged by the bank, or other third-party financial service you send the money with.

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Lightyear minimum deposit as of September 2023
How to deposit money to Lightyear account?

Here's a step-by-step guide:

  • Log in to Lightyear's client area
  • Look for 'Deposit' or 'Funding menu'
  • Choose your funding method
  • Provide the necessary details for the transaction
  • Check if the payment details are correct
  • If you are OK with it, you are ready to proceed
The interface to send the minimum deposit to Lightyear

If you get stuck during the process, you can always reach out to Lightyear's customer support. At Lightyear, customer support can be reached only via email.

Lightyear minimum deposit as of September 2023
Wrap-up

It is awesome that you have read through this article! We know that depositing can be frustrating, but you are on the right track, and it is okay to ask for help if you are unsure about something.

If you have a question or a suggestion, drop us an email to cust[email protected], and we will get back to you soon.

Author of this article

Adam Nasli

Author of this article

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers featured on our site, opening real-money accounts, executing trades, and assessing customer services, providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passion lies in in-depth research of the financial industry, managing long-term investments.

Adam Nasli

Analyst Head

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers featured on our site, opening real-money accounts, executing trades, and assessing customer services, providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passion lies in in-depth research of the financial industry, managing long-term investments.

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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