Lightyear vs Revolut

Lightyear vs Revolut Comparison Table 2023
Lightyear Review 2023 Revolut Review 2023
4.5
3.1

Revolut is #22 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US 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

Revolut is a popular financial app that also offers trading on stocks, metals and digital currencies. The brand has over 25 million users worldwide with a choice of accounts, tools and services to suit different needs and budgets, including online investing and currency exchange.

Capital at risk Revolut is a financial technology company. Banking services provided by Metropolitan Commercial Bank, Member FDIC. Securities products and services provided by Revolut Securities Inc, member FINRA/SIPC. Securities products are not insured by the FDIC or any federal government agency, are not bank deposits, are not obligations of or guaranteed by Metropolitan Commercial Bank and are subject to investment risks, including possible loss of the principal amount invested.
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." "Revolut is suitable for casual stock traders looking for an easy-to-use app with transparent fees and a low minimum investment."
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
  • Multiple deposit and withdrawal options including wire transfer
  • Good range of account types with different perks and fees
  • Secure trading environment & login protocols
  • Beginner-friendly mobile investing application
  • Send money to 200+ countries
  • Straightforward joining process
  • 24/7 live chat support
  • No inactivity charge
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
  • Relatively narrow product range
  • No advanced trading platform
  • No margin trading
Instruments
Stocks, ETFs Stocks, Cryptos
Demo Account
No No
Minimum Deposit
$1 $0
Trading Platforms
  • Own
  • Own
Payment Methods
Wire Transfer, Direct Deposit, Revolut Transfer, Apple Pay, Mobile Check, Google Pay, Credit Card, Debit Card
Minimum Trade
$1 $1
Regulator
FSA FINRA, SEC
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 Yes
Mobile Apps
iOS & Android iOS & Android
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 No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • PLN
  • CZK
  • HUF
Stock Exchanges
Cryptocurrency
Crypto trading not offered Invest in 100+ crypto tokens using 30+ fiat currencies. You can buy, sell and transfer cryptos on the iOS and Android app. We like that traders can also choose to round up leftover cash from card transactions in crypto and use their crypto balance to make card payments.
Spread
2.5% commission for standard profiles
Coins
  • ZRX
  • 1INCH
  • AAVE
  • ALGO
  • AMP
  • ANKR
  • BNT
  • BAND
  • BAT
  • BTC
  • BCH
  • ADA
  • CTSI
  • CELO
  • LINK
  • CHL
  • COMP
  • ATOM
  • CRV
  • MANA
  • DOGE
  • ENJ
  • EOS
  • ETH
  • FIL
  • RLC
  • ICP
  • KEEP
  • KNC
  • LTC
  • LRC
  • MATIC
  • MIR
  • NKN
  • NU
  • NMR
  • OMG
  • OXT
  • OGN
  • DOT
  • SKL
  • SOL
  • XLM
  • STORJ
  • SUSHI
  • SNX
  • TRB
  • XTZ
  • GRT
  • UMA
  • UNI
  • XRP
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Capital at risk Revolut is a financial technology company. Banking services provided by Metropolitan Commercial Bank, Member FDIC. Securities products and services provided by Revolut Securities Inc, member FINRA/SIPC. Securities products are not insured by the FDIC or any federal government agency, are not bank deposits, are not obligations of or guaranteed by Metropolitan Commercial Bank and are subject to investment risks, including possible loss of the principal amount invested.
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