Lightyear investing review | App, pricing and features

This newcomer’s low fees, features and interest rate on idle cash make it worth considering, but there are a few limitations. We’ve rated all the aspects in our deep dive, and given our verdict.

No reviews yet. Write a review

Lightyear is a relatively new app-based investing platform. With lots of established competition already out there, it’s tough to stand out. But the Lightyear investing app has plenty of features to entice new customers. Extremely low fees, multi-currency accounts and high interest on idle cash will attract both beginners and more experienced investors.

Lightyear products

Stocks and shares ISA
Lifetime ISA (LISA)
Keep in mindCapital at risk
Go to site
More Info

As it stands, Lightyear only offers a general investment account (GIA). However, the app was only fully launched in September 2021.

There’s no stocks and shares ISA account, but this could be added in future. Similarly, there’s no pension or SIPP available. And you can’t save for a child with any junior accounts.

So, if you want an investing app with plenty of different accounts right now, you might want to go for a different option.

What stocks can you trade with Lightyear?

UK - London Stock Exchange
US - New York Stock Exchange
Canada - Toronto Stock Exchange
Japan - Japan Exchange Group
Germany - Deutsche Börse
Keep in mindCapital at risk
Go to site
More Info

Keep in mind that with the stock exchanges above, Lightyear doesn’t give you complete access to the entire exchange listings. For some exchanges, only certain stocks are available on the app.

This may not be for you if you want complete access to whole international markets. But, if you wish to access the most popular and largest stocks across international exchanges, Lightyear will likely have investments to interest you.

Lightyear is a DIY investing app. So, it’s different to a robo-advisor that picks and manages an investment portfolio for you. With Lightyear, you get complete control over the investments held in your portfolio. This means it’s up to you to research and create your own diversified portfolio.

The stock discovery page on the app is nicely laid out. You can search ETFs by country, sector, ESG compatibility, dividend-paying, or bond-focused. For individual stocks, you can search by region, popularity, or specific niches such as ‘female led’, ‘daily movers’, ‘big employers’ and plenty of other categories.

Currently, the app has over 3,000 stocks, shares, and ETFs. These investments are from the UK, the US, Europe, and other countries (like China). The Lightyear stock list is continuously expanding, so don’t be surprised to see more investments available as time passes.

Lightyear fees

Fee typeCost
Fees rating★★★★★
Minimum deposit£1
Standard platform charge (monthly)0%
Best platform charge (monthly)0%
Standard fee per trade£0
Best fee per trade£0
Forex conversion fee0.35%
Deposit fee£0 (0.5% fast deposit)
Withdrawal fee£0
Inactivity fee (monthly)£0

Lightyear’s low fees are one of its main selling points as a new option for investing your money. There are hardly any fees for having an account or investing using the app.

It’s free to buy and sell both UK and international stocks. This also includes trading fractional shares. You only need £1 to get started, so it’s incredibly affordable for anyone who wants to invest, even with a small budget.

There are no inactivity fees or withdrawal fees. It’s also free to make a deposit (unless you choose the speedy option). This means you can open an account and try out the app for yourself with nothing to lose regarding fees. The lack of cost for opening and holding an account means you’re free to explore the Lightyear investing app without fear of being stung with hidden costs or charges.

The fact that it costs nothing extra to buy or sell investments is a huge selling point and makes this app stand out from most of the competition. You only have to pay an FX fee if you change currency to buy stocks. But, this fee is low compared to most other platforms. Also, Lightyear’s ability to let you open multi-currency accounts (in pounds, dollars, and euros) means you can minimise the impact of currency fluctuations.

Lightyear tools and research

Tools and research rating★★★★★
Interactive charting
Advanced charting tools
Stop loss
Trailing stop
ETF research
Latest news
Company announcements
Dividend news
Watch lists
Social or copy trading
Economic calendar

For such a new investing app, Lightyear does a great job providing some decent research and trading tools while keeping everything sleek and simple for interacting. In March 2023, it announced 2 new features – an “insights” feature that shows you which sectors, companies and countries you’ve invested in, and a portfolio profit and loss explainer.

It’s straightforward to select a stock, and as you scroll down, you’ll see:

  • Current metrics
  • Analyst ratings and price targets
  • Company financials
  • Upcoming events (where you can also see previous dividend payments)
  • Company news and basic info
  • Similar stocks

Considering so much info is available, it’s presented in a highly digestible format that’s easy to understand.

Lightyear recently introduced limit orders on the app. But that’s the only trading order type currently available (other than market or repeat orders). This is part of the reason why it doesn’t come with advanced charting tools, it would be too much information for the actions you can take.

Although there’s no social or copy trading, there is a ‘popular’ stock and ETF category on the discovery page to give you an idea about what other users have been buying on the platform.

Customer reviews for Lightyear

Customer help in app
Customer help via email
Customer help over the phone
Community or forums
Keep in mindCapital at risk
Go to site
More Info

Lightyear hasn’t been available to the public for a long time, and has a relatively small user base compared to other more well-established platforms. Although it doesn’t offer many ways to contact support, few users have had problems or needed to contact the Lightyear team.

Lightyear has impressed customers so far. Trustpilot users have given Lightyear a rating of 4.7, which is very good for a new company still finding its feet. On top of this, the app has got 4.4 stars on Google Play and 4.7 on the App Store – again these are solid scores for a new app that you’d expect would have some teething problems so soon after being released into the world (last updated: February 2023).

Although you can only get hold of the support team via email, they are very responsive. Also, the website has plenty of FAQs and articles answering questions and concerns.

Customers across the board are enjoying the app and the level of customer service being received from Lightyear. It will be interesting to see if Lightyear can maintain this excellent reputation as the business and customer base grows.

Platform features on the Lightyear app

This is another area where Lightyear stands out. Although the app only comes with a GIA account at the moment, there are some excellent features available to users:

  • Multi-currency accounts (GBP, EUR, USD).
  • Earn 3.75% interest on invested cash (uncapped).
  • Zero commissions on UK and international stocks.
  • In-app stock analysis.

Referrals and bonus promotions

There are no active promos available right now (for most users). However, Lightyear does sometimes offer both referral and sign-up bonuses.

It will tell you in the app if you’re eligible to refer a friend for a stock credit or other bonus. This is sometimes offered to ‘active and loyal’ Lightyear users rather than just anyone using the app.

How to sign up to Lightyear

It’s dead simple to sign up and open an account with Lightyear, just follow these steps:

  1. Download the Lightyear app. You can find the Lightyear app in the App Store and Google Play Store.
  2. Provide basic information. You’ll need to submit your mobile phone number (for a text verification) and your registered address.
  3. Answer some more questions. Lightyear will ask for your living and tax residency. You’ll need your national insurance (NI) number if you select the UK.
  4. Pass identification checks. Once you’ve provided your basic details, Lightyear will request to take a photo of a current ID (e.g driving licence or passport). The app will then prompt you to take a selfie to complete the verification process.
  5. Deposit into your account and start investing. You can kick things off by depositing just £1 into your account and then invest as you like.

In summary, you’ll likely need the following info to get set up:

  • Name
  • Date of birth
  • NI number
  • Citizenship declaration
  • Phone number and email
  • Current ID

Lightyear can verify and open your account almost instantly if you can provide all the required details.

Pros and cons of Lightyear


  • Commission-free trading on all stocks
  • Free to open an account
  • Over 3,000 investments available
  • Interest paid on idle cash
  • Excellent user-friendly app


  • Limited ways to reach customer support
  • No forums or community aspect
  • Lack of trading tools and charts for advanced investors
  • Only a GIA is available (no ISA or other types of account)

Our verdict: Is Lightyear any good?

There’s a lot of competition among investing platforms available to UK investors. So, to challenge the current crop of apps and brokerages, you need to be pretty special. It’s early days for Lightyear, but the app is off to a stellar start.

Along with free trading and minimal account fees, the Lightyear app is a joy to use – it comes with some excellent features for both beginner and more experienced investors. The interest paid on idle cash is a nice bonus, plus a better rate than you’d get from most banks.

The Lightyear app is free to download, you can set up an account in minutes, and there are no fees for holding an account. You can start investing with just £1, so it’s well worth trying Lightyear. There are some areas to improve, but the company regularly adds new features.

For a relatively new share dealing platform, Lightyear is likely to tick many boxes for plenty of investors.

Frequently asked questions

The tax you need to pay depends on your individual circumstances and can change over time. This content is for information only - it's not tax advice. You're responsible for carrying out your own checks and for getting professional advice before making financial decisions.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

More guides on Finder

  • Vanguard ETFs

    Find out the best Vanguard ETFs to buy as a UK investor, including how the funds have performed and where you can invest.

  • How to buy Proterra shares

    Ever wondered how to buy shares in Proterra? We explain how and compare a range of providers that can give you access to many brands, including Proterra.

  • Why tax changes make 2023 the year of the ISA

    The Treasury is taking a bite out of investors’ returns in 2023…and another one in 2024. Here’s why this makes stocks and shares ISAs even more attractive. Paid content.

  • Bank stocks: How to invest

    Bank stocks can be rewarding, but there are risks involved that could impact your profits. Find out how to invest in banks.

  • Weekly share tips: This week is Diageo

    Why George Sweeney believes Diageo is one to watch. This week’s share tip. Not financial advice or a recommendation.

  • A guide to company earnings

    Company earnings reports can be a useful tool when researching stocks to invest. Our guide explains how you can use them for your benefit.

  • The best stock trading apps and platforms in the UK

    We’ve tested, analysed and scored trading apps to find the 10 best trading platforms in the UK, who they’re best for and the pros and cons.

  • The best stock trading apps and platforms in the UK

    We’ve taken a look at some of the best trading apps in the UK and explained who they’re best suited to. Our table compares fees and services too.

  • The 5 stages of buying and selling a stock

    Find out how to buy and sell shares in the most efficient way to minimise mistakes and maximise your potential profits by following these 5 steps. (Paid content)

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site