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Broker Comparison

Lightyear vs Totality

Compare Lightyear and Totality 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
Totality

Totality

Australian investors and active multi-asset traders

Totality is an Australian multi-asset broker, formerly Saxo Australia, offering stocks, ETFs, bonds, FX, CFDsโ€ฆ

Head-to-head comparison

Lightyear vs Totality
Feature Lightyear Totality
Minimum deposit โ€” Zero minimum deposit
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% Brokerage from $1 on US stocks; ASX from 0.03%, min. 3 AUD; NYSE from 0.03%, min. 1 USD
Regulators FCA, EFSA, FINRA, SIPC ASIC
Best for Cost-conscious long-term investors Australian investors and active multi-asset traders
Markets & account
Stocks
ETFs
Forex
โ€”
CFDs
โ€”
Crypto
Bonds
Options
โ€”
Futures
โ€”
Funds
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Fractional Shares
โ€”
Investment Plans
โ€”
Ready Made Portfolios
โ€”
Savings Vaults
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Money Market Funds
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Multi Currency
Business Account
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
Totality

Totality

Pros

  • Zero minimum deposit lowers the cash barrier to start
  • No account maintenance or inactivity fees
  • US stock and ETF brokerage starts from $1
  • ASX stocks and ETFs from 0.03%, min. 3 AUD
  • Foreign currency sub-accounts are free to open
  • 11 currency sub-accounts can reduce repeated FX conversions
  • 20-day demo includes a simulated USD 100,000 account
  • Position transfers between Totality sub-accounts are free

Cons

  • Transfers out cost AUD 50 per ISN, capped at AUD 200
  • FX conversion costs up to plus/minus 0.45 percent
  • Saxo-branded platforms were retired on 1 April 2026
  • Some features, such as level 2 market data, require a subscription
  • Classic negative NFE is charged at Totality Ask + 8%
  • Crypto funding and withdrawals are not supported
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.

Totality

Totality

Totality is an Australian multi-asset broker, formerly Saxo Australia, offering stocks, ETFs, bonds, FX, CFDs, futures, options and crypto exposure on web, mobile and desktop platforms.

Your capital is at risk. Other fees apply.

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