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

Broker Name

Lightyear

Cobra Trading

Broker Overview

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

STP

None

Years of Existence / Established Year

2020

2003

Customer Base / Number of Accounts

Info not available

Regulation & Security

Regulations (governing bodies)

FCA EFSA

FINRA NFA

Awards Won (count for the last 2 years)

No major awards listed

Cobra Trading the best day trading platform

Security Measures

SIPC, EIPSF Upto Euro 20,000

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

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

Currency Pairs

Commodities

Indices

Cryptocurrencies

CFDs

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes with Venom trading

Bonds

Yes

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes - through Exchange Traded Commodities

Yes

Real Estate Investment Trusts (REITs)

Yes - through REIT stocks

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Lightyear's proprietary platform

DAS Trader Pro Sterling Trader Pro Cobra Trading view integration

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Personal Business

Joint (JTWROS) Individual Retirement Account - IRA Roth - IRA Corporate LLC Trust Partnership

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$25,000

Leverage Available

4:1

Trade Limit (maximum per trade)

Varies for each product

Trade size vary on each asset

Commission (per account type)

Euro 0

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

Beginners

Experienced

Deposit & Withdrawal Options

Deposit Methods

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

Check Wire Account transfer

Withdrawal Methods

Bank Transfers

Check Wire Account transfer

Other E-Wallets Supported

Tools & Educational Resources

Economic Calendar

Yes

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

Savings interest calculator Inflation calculator Ticker time machine Rate comparison calculator

Advanced order types Basket trading Charting & Multi account management Blogs, Posts & platform videos

Fees & Commissions

Trading-Related Fees

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

$0.0015 per share

Spread (typical, fixed, variable)

Per Lot Fees

Options Contract Fees

$0.30 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

Info not available

4:1

Non-Trading Fees

Dormant Fees

$15

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

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

Currency Conversion Fee

0.35%

Withdrawal Fee

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Vary for each asset class

4am to 8pm EST

Customer Support

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

24/7

Monday-Friday - 7am to 4.30pm Saturday & Sunday - Closed

Customer Support Methods (phone, email, live chat)

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

Toll free: 877-792-6272 Direct: 972-491-7999 Fax: 972-491-3111 Email: mailto:[email protected] Live Chat

Support Languages

20+

Additional Information

Headquarters Location

Volta 1 Tallinn 10412 Estonia

3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010

Complaints (for crypto brokers)

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.

If minimizing trading costs is your top priority, Lightyear might be more attractive due to its lower commissions. Meanwhile, Cobra Trading justifies its moderate fees with more robust tools and professional-grade features.

Creating an account with Lightyear is generally faster and more user-friendly, often taking just a few minutes, while Cobra Trading requires more detailed steps and identity verification, which may suit more cautious investors.

The trading interface of Lightyear is known for its speed and ease-of-use, while Cobra Trading shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.

For market veterans, Lightyear brings the tools they need. New investors might find Cobra Trading more approachable and cost-effective.

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