An independent look at Lightyear's fees, features, and who it tends to suit - not a recommendation.
Lightyear is an Estonia-based broker offering commission-free ETF trading alongside low, transparent fees on stocks. It's positioned as a straightforward, low-cost option for European investors, without the added complexity of savings plans or social trading features.
| ETF commission | €0 |
|---|---|
| EU stock commission | €1 per order |
| US stock commission | 0.10% (min $0.10, max $1) |
| FX fee | 0.35% |
| Deposit fee | €0 (bank transfer); ~0.6% (card) |
| Inactivity / withdrawal fee | €0 |
Lightyear offers €0 commission on ETF trades, €1 per order on EU stocks, and a capped 0.10% fee (max $1) on US stocks - a simple, transparent structure without volume tiers or subscription plans.
Fractional shares are available for US stocks, but not for ETFs, according to Lightyear's official pricing page.
Lightyear does not currently offer automated savings plans or auto-invest functionality.
Lightyear is regulated by the Estonian Financial Supervisory Authority (EFSA).
Lightyear tends to suit investors who want low-cost, commission-free ETF investing with a simple, transparent fee structure, and who don't specifically need automated savings plans or fractional ETF purchases.
Does Lightyear charge commission on ETFs?
No, €0. EU stocks cost €1 per order; US stocks cost 0.10% (min $0.10, max $1).
Does Lightyear offer fractional shares?
Only for US stocks, not ETFs.
Is Lightyear regulated?
Yes, by the Estonian Financial Supervisory Authority (EFSA).
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