Lightyear vs Interactive Investor

Lightyear vs Interactive Investor Comparison Table 2023
Lightyear Review 2023	Interactive Investor Review 2023
Review 4.5	Review 4.6
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	Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
Capital at risk
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."	"Interactive Investor is an excellent pick for UK traders interested in longer-term investing products like ISAs and SIPP accounts. The low fixed fees for large portfolios and 40,000+ stocks will also appeal to traders with a decent bankroll."
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	FCA-regulated No minimum deposit 40,000+ stocks and shares Excellent market research User-friendly investment app Low fixed fees for large portfolios Multiple payment methods including bank cards Highly rated and trusted by 400,000 investors Less than 1 minute average wait time for customer support
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 free demo account No copy trading tools
Awards
	Investment Platform of the Year 2022 Best Low-cost SIPP 2022 Shareholder Rights Champion 2022 Best Low Cost Stockbroker 2022 Retail Investor Champion of the Year 2021 Best Low Cost Stockbroker 2021 Best Stocks and Shares ISA provider 2021 Best Stocks & Shares ISA Provider 2020 Best Stockbroker for International Dealing 2020
Instruments
Stocks, ETFs	Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
No	No
Minimum Deposit
$1	£0
Trading Platforms
Own	Own
Payment Methods
Apple Pay Debit Card Google Wallet Wire Transfer	Cheque Debit Card Maestro Mastercard Visa Wire Transfer
Minimum Trade
$1	£25
Regulator
FSA	FCA
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
	Ready-Made Portfolios
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	GBP
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Euronext London Stock Exchange Nasdaq New York Stock Exchange	Dow Jones FTSE UK Index Nasdaq

Review	Review
Capital at risk
More Comparisons
Lightyear vs	Interactive Investor vs