BrokerCue

Broker Comparison

Lightyear vs Pepperstone

Compare Lightyear and Pepperstone 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
Pepperstone

Pepperstone

Active CFD and forex traders

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms inโ€ฆ

Head-to-head comparison

Lightyear vs Pepperstone
Feature Lightyear Pepperstone
Minimum deposit โ€” 0 โ‚ฌ
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% Australian share CFDs 0.07%; German share CFDs 0.10%; UK share CFDs 0.10%; US share and ETF CFDs 0.02 USD per share
Regulators FCA, EFSA, FINRA, SIPC BAFIN, ASIC, CMA, CYSEC, DFSA, FCA, SCB
Best for Cost-conscious long-term investors Active CFD and forex traders
Markets & account
Stocks
ETFs
Forex
โ€”
CFDs
โ€”
Crypto
Bonds
โ€”
Futures
โ€”
Funds
โ€”
Fractional Shares
โ€”
Investment Plans
โ€”
Ready Made Portfolios
โ€”
Savings Vaults
โ€”
Money Market Funds
โ€”
Multi Currency
Business Account
Margin
โ€”
Demo Account
โ€”

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
Pepperstone

Pepperstone

Pros

  • 0 โ‚ฌ minimum deposit on Standard and Razor accounts
  • No account, inactivity or market data fees
  • Razor spreads start from 0.0 points
  • Standard forex account has no commission and spreads from 1 pip
  • Free demo accounts include unlimited virtual capital
  • Most crypto CFDs can be traded 24/7
  • API access and cTrader Automate support custom trading systems
  • Accounts support 10 base currencies

Cons

  • Razor forex commission starts at USD 2.96 per standard lot, per side
  • US share and ETF CFDs cost 0.02 USD per share
  • UK share CFDs cost 0.10% per side
  • Overnight swap costs apply to positions held across days
  • TradingView is not available for Standard CFD accounts
  • Demo accounts expire after 60 or 90 days of inactivity
  • Crypto CFDs do not give ownership of the underlying crypto asset
  • Some demo features, including cTrader Copy Trading, are restricted
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.

Pepperstone

Pepperstone

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms including MT4, MT5, cTrader and TradingView.

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.