Lightyear Broker Review in 2020, Lightyear is a UK/EU-based stockbroker that is designed for individuals entering the realm of investing. Their platform is fully digital, fast and user-friendly with low fees for trading equities.

Unlike eToro and Interactive Investor, Lightyear does not offer CFDs or FX trading, instead they focus solely on stocks and ETFs, which may not align with the preferences of advanced investors who are looking for more diverse trading options. Despite their limited offering, the company has built a great mobile app that is efficient and well-designed, and it’s no surprise that it is so popular with users.

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One of the great things about Lightyear is that there is no minimum deposit requirement, making it accessible to a wider range of people. The brokerage also offers fractional shares (if they are US stocks), which is a fantastic feature for those with less money to invest. For example, one share of Netflix is worth around $600, which can be a lot to afford for many beginner traders, but with fractional shares you can buy just a part of that share, and that’s a much easier way to get started.

Unfortunately, customer support at Lightyear is only available through email – there is no phone or live chat option, which can make it difficult to resolve issues quickly and efficiently. However, the company’s website features a comprehensive FAQ section that is well-organized and provides answers to most common questions. Nevertheless, we would have liked to see a phone or live chat option, especially given the competition that is out there.