Lightyear vs DEGIRO

Lightyear vs DEGIRO Comparison Table 2023
Lightyear Review 2023	DEGIRO Review 2023
Review 4.5	Review 2.8
Traders from US not accepted	Traders from US not accepted
Lightyear is a trading app that offers multi-currency investing with low-commission US, EU and UK stocks, no commission on ETF trades, and the chance to earn high interest on uninvested USD, GBP and EUR. The firm launched in 2015 and UK retail traders will be registered under the Lightyear Financial Ltd entity. This company is authorised and regulated by the Financial Conduct Authority (FCA), license number 955739. Capital at risk	DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.
Capital at risk	Investing involves risk of loss
Comment by Reviewer
"Investors seeking a streamlined platform to buy stocks and ETFs will enjoy Lightyear. We particularly like the slick app and clear market insights which will serve new traders well."	"Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs."
Pros
Lightyear offers a user-friendly trading app with thousands of global equities The investing app has been featured in the Financial Times & CNBC Low-cost trading with no hidden fees or inactivity penalties Traders can earn interest on uninvested cash Low starting deposit of just $1 for new investors	Low minimum deposit Multiple account currencies Commission-free stock trading Access 50 exchanges in 30 countries Beginner-friendly platform and app Regulated by BaFin and FCA No inactivity fee 90+ global awards 2+ million users
Cons
Platform features are basic and won't meet the needs of seasoned traders Limited range of instruments with no forex trading No demo account for prospective users No MetaTrader 4 integration No copy trading service	No copy trading No demo account No MT4 integration No CFD trading Few payment methods
Awards
	Best Online Broker - Qualebroker 2022 (Italy) Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy) Best Discount Broker - Broker Chooser 2022 (UK) Best Broker For Stock Trading - Broker Chooser 2022 (UK)
Instruments
Stocks, ETFs	Stocks, ETFs, Bonds, Futures, Options, Warrants
Demo Account
No	No
Minimum Deposit
$1	$0
Trading Platforms
Own	Own
Payment Methods
Apple Pay Debit Card Google Wallet Wire Transfer	Sofort Trustly Wire Transfer
Minimum Trade
$1	Variable
Regulator
FSA	BaFin, FCA
Margin Trading
No	Yes
Margin Rate
	4%
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS, Android & Windows
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP	USD EUR GBP SEK NOK DKK CHF PLN CZK
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Euronext London Stock Exchange Nasdaq New York Stock Exchange	Australian Securities Exchange Borsa Italiana Chicago Mercantile Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Toronto Stock Exchange
Commodities
	Aluminium Coffee Cannabis Copper Cotton Gasoline Gold Livestock Oil Silver

Review	Review
Capital at risk	Investing involves risk of loss
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