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FP Markets vs Lightyear : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

FP Markets

FP Markets

VS
Lightyear

Lightyear

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

STP

Years of Existence / Established Year

2005

2020

Customer Base / Number of Accounts

No information

Info not available


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Regulation & Security

Regulations (governing bodies)

ASIC, CySEC, FSCA, FSA, SVG

FCA EFSA

Awards Won (count for the last 2 years)

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

No major awards listed

Security Measures

No

SIPC, EIPSF Upto Euro 20,000

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments

US / EU / UK Stocks (3500+) Interest Money Market Funds Baltic Stocks Baltic Bonds

Currency Pairs

Yes

No

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

No

CFDs

Yes

No

ETFs

Yes

Yes

Stocks

No

Yes

Options

No

No

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

No

No

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes - through Exchange Traded Commodities

Real Estate Investment Trusts (REITs)

No

Yes - through REIT stocks

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

Yes

No

Social Trading

Yes

Yes

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

No

Lightyear's proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Personal Business

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$0

Leverage Available

500:1

No

Trade Limit (maximum per trade)

Depends on the asset type

Varies for each product

Commission (per account type)

$3

Euro 0

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

EUR - SEPA, Debit Card, Apple Pay, Google Pay GBP - FPS, CHAPS, BACS, SWIFT, Apple Pay, Google Pay USD - ACH, FedWire, SWIFT HUF - Bank transfers within Hungary

Withdrawal Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Bank Transfers

Other E-Wallets Supported

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer

No


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Tools & Educational Resources

Economic Calendar

Yes

No

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary

Savings interest calculator Inflation calculator Ticker time machine Rate comparison calculator


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Fees & Commissions

Trading-Related Fees

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

US Shares per order - 0.1% upto $1 maximum EU Shares per order - Euro 1 UK Shares per order - Euro 1 Money Market Funds - 0.25% annually Nasdaq Baltic - Euro 1 ETFs -Euro 0 Multi-currency account -Euro 0

Spread (typical, fixed, variable)

Typical

NA

Per Lot Fees

$2

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

500:1

Info not available


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

$0

NA

Advisory Fees

$70

NA

Swap Fees (Overnight Financing)

Long- $5.79, short- $2.59

NA

Statement or Document Fee

NA

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

In EUR & GBP Debit Card / ApplePay / Google Pay - First Euro500 lifetime free, 0.5% after In USD FedWire & Swift - $6.11

Currency Conversion Fee

Starts from 0.06 to 0.30 %

0.35%

Withdrawal Fee

Upto $50

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Vary for each asset class


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/7

Customer Support Methods (phone, email, live chat)

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat

Email: mailto:[email protected], Live chat Phone number:+1 332-333-4220.

Support Languages

12+

20+


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Additional Information

Headquarters Location

Sydney,Australia

Volta 1 Tallinn 10412 Estonia

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
FP Markets stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Lightyear offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
New users will likely find FP Markets sign-up process more intuitive. Meanwhile, Lightyear takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
FP Markets excels in real-time trade execution with minimal latency, whereas Lightyear complements its execution with strong analytical modules and educational support within the platform.
Those seeking technical depth may prefer FP Markets, while Lightyear shines with intuitive design and streamlined features.