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Broker Comparison

Lightyear vs OANDA

Compare Lightyear and OANDA 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
OANDA

OANDA

Active CFD traders and ETF investors

OANDA combines CFDs, real shares and ETFs with MT5, TradingView and mobile apps, plus 0 EUR commissions on elโ€ฆ

Head-to-head comparison

Lightyear vs OANDA
Feature Lightyear OANDA
Minimum deposit โ€” 25 EUR/USD/GBP or 1000 CZK or 120 RON for card deposits; 25 EUR or 1000 CZK or 120 RON for instant bank transfers
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% US: 0% / 0 EUR; US for accounts in USD: 0.29% / 7 USD; Germany, France, Spain, UK: 0.15% / 5 EUR; Poland: 0.19% / 1 EUR
Regulators FCA, EFSA, FINRA, SIPC KNF
Best for Cost-conscious long-term investors Active CFD traders and ETF investors
Markets & account
Stocks
ETFs
Forex
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CFDs
โ€”
Crypto
Bonds
โ€”
Funds
โ€”
Fractional Shares
โ€”
Investment Plans
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Ready Made Portfolios
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Savings Vaults
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Money Market Funds
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Multi Currency
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Business Account
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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
OANDA

OANDA

Pros

  • 0 EUR commission on eligible US share trades
  • 10 ETF trades per month at 0 EUR commission
  • No account opening or management fee with one yearly trade
  • 0 EUR fee on forex and selected CFD categories
  • Demo account includes 50,000 virtual EUR
  • Reduced spreads up to 30% lower above 3k EUR balance
  • Unused CFD margin can earn 6%, 6.5% or 7% for three months
  • TradingView Plus access for up to 12 months with 10k+ EUR

Cons

  • US shares in USD accounts cost 0.29%, minimum 7 USD
  • ETF free trades are capped at 10 per month and โ‚ฌ200,000 turnover
  • Reduced spreads require balances above 3000 EUR
  • TradingView Plus promo requires 10k+ EUR balance
  • Interest rates fall to 0.5% after the first three months
  • Bank transfers can take up to three business days
  • Card deposits have maximum payment limits by currency
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.

OANDA

OANDA

OANDA combines CFDs, real shares and ETFs with MT5, TradingView and mobile apps, plus 0 EUR commissions on eligible US shares and 10 ETF trades per month.

Your capital is at risk. Other fees apply.

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