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Broker Comparison

Lightyear vs moomoo

Compare Lightyear and moomoo side by side: fees, regulation, platforms.

Lightyear

Lightyear

Cost-conscious long-term investors

Low-cost investing platform with free ETFs, multi-currency accounts, fractional investing, savings products, โ€ฆ

VS
moomoo

moomoo

Active investors using mobile and desktop tools

moomoo offers U.S. stocks, ETFs, options, margin, crypto and paper trading through mobile, desktop, TradingViโ€ฆ

Head-to-head comparison

Lightyear vs moomoo
Feature Lightyear moomoo
Minimum deposit โ€” $0
Stock trading fee US shares: 0.10% (0.10 USD min - 1 USD max); UK shares: 1 GBP; EUR-denominated stocks, bonds, ETNs and ETCs: 1 EUR; other European stocks: 0.10% $0 commission
Regulators FCA, EFSA, FINRA, SIPC SEC, FINRA, FINCEN
Best for Cost-conscious long-term investors Active investors using mobile and desktop tools
Markets & account
Stocks
ETFs
Crypto
Bonds
โ€”
Options
โ€”
Funds
โ€”
Fractional Shares
Investment Plans
โ€”
Ready Made Portfolios
โ€”
Savings Vaults
โ€”
Money Market Funds
โ€”
Multi Currency
โ€”
Business Account
โ€”
Margin
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Demo Account
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Pros & cons

Lightyear

Lightyear

Pros

  • No account fee
  • Free ETF execution and custody
  • 0.35% FX conversion fee
  • Multi-currency account
  • Fractional investing
  • Web, iOS and Android access
  • Savings Vaults with money market funds
  • SIPC protection for US securities

Cons

  • Stock fees vary by instrument
  • Card deposits cost 0.6%
  • Crypto assets lack investor compensation cover
  • Product availability may vary
  • Money market fund fees apply
  • Some withdrawals may require currency conversion
moomoo

moomoo

Pros

  • $0 commissions on U.S. stocks and ETFs
  • $0 contract fees on U.S. equity options
  • Margin rates start as low as 6.8%
  • Paper trading starts with $1M virtual money
  • Crypto USD transfers to and from US banks have $0 fees
  • Qualified Cash Sweep users can earn 3.35% APY
  • TradingView integration is free for clients
  • Free US stocks Level 2 data with $100+ average value

Cons

  • Index options carry a $0.5/contract fee
  • Crypto trades add a 0.49% transaction fee
  • Crypto assets are not FDIC or SIPC protected
  • Margin requires at least $2,000 net assets
  • US stocks Level 2 data requires $100+ average value
  • ADR custodian fees are $0.01~0.05/share
  • Cash Sweep may fall to 0.03% if eligibility is not met
Lightyear

Lightyear

Low-cost investing platform with free ETFs, multi-currency accounts, fractional investing, savings products, and a 0.35% FX fee.

Your capital is at risk. Other fees apply.

moomoo

moomoo

moomoo offers U.S. stocks, ETFs, options, margin, crypto and paper trading through mobile, desktop, TradingView and API access.

Your capital is at risk. Other fees apply.

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