Lightyear vs Webull

Lightyear vs Webull Comparison Table 2023
Lightyear	Webull
Review 4.5	Review 4.4 Webull is #7 in our broker rankings.
Traders from US not accepted	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	Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous welcome bonuses have made the discount broker popular with online investors.
Capital at risk
Bonus Offer
	Up to 12 free fractional shares when you deposit $100
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."	"Webull is best for traders looking to buy and sell stocks on a user-friendly platform with zero commissions. The intuitive app also makes this broker great for mobile investors."
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	Respected broker regulated by the SEC and FINRA Easy-to-use investment platform and mobile app No minimum deposit for beginners Zero commissions or inactivity fees Smart Advisor for auto investing Promotions with free stocks Brokerage account plus IRA Fractional shares available
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	High deposit and withdrawal wire fees for non-US residents Sometimes sudden changes in trading conditions Narrow range of payment methods No MetaTrader 4 access
Instruments
Stocks, ETFs	Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares
Demo Account
No	Yes
Minimum Deposit
$1	$0
Trading Platforms
Own	Desktop App Web Terminal
Payment Methods
Apple Pay Debit Card Google Wallet Wire Transfer	ACH Transfer Automated Customer Account Transfer Service Wire Transfer
Minimum Trade
$1	0.00001 (Fractional Share)
Regulator
FSA	SEC, FINRA
Margin Trading
No	Yes
Margin Rate
	5.49% - 9.49%
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	Yes
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	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP	USD
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Euronext London Stock Exchange Nasdaq New York Stock Exchange	Dow Jones Hong Kong Stock Exchange Nasdaq New York Stock Exchange
Forex Trading
Forex trading not offered	Webull offers a modest collection of 17 currencies, including majors like EUR/USD. Forex can be traded on the feature-rich investing app with real-time quotes and low spreads.
GBPUSD Spread
	0.4
EURUSD Spread
	0.2
EURGBP Spread
	0.4
Assets
	15+
Cryptocurrency
Crypto trading not offered	Webull offers trading on 8 popular cryptos through its Webull Pay app. With premium analysis tools, traders can review market trends and identify opportunities in a few taps.
Spread
	Floating
Coins
	BTC BCH DOGE ETC ETH LTC SHIB USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
Capital at risk
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