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Pepperstone vs Lightyear : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Pepperstone
Lightyear
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
STP
Years of Existence / Established Year
2010
2020
Customer Base / Number of Accounts
400,000 traders
Info not available
Regulation & Security
Regulations (governing bodies)
FCA, ASIC, DFSA, CySEC, CMA, BaFin, and SCB
FCA EFSA
Awards Won (count for the last 2 years)
2024 Forex Broker of the Year by BrokerWahl.de, TradingView Social Champion 2023
No major awards listed
Security Measures
FSCS
SIPC, EIPSF Upto Euro 20,000
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
1200+ trading assets including shares, currencies indices
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
No
Yes
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes - through Exchange Traded Commodities
Real Estate Investment Trusts (REITs)
No
Yes - through REIT stocks
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
Yes
No
cTrader
Yes
No
Social Trading
Yes
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
Pepperstone proprietary platform
Lightyear's proprietary platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard and Razor account
Personal Business
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$0
$0
Leverage Available
1:20 to 1:500
No
Trade Limit (maximum per trade)
100 lots trading size
Varies for each product
Commission (per account type)
Razor account - $3, Standard account -$0
Euro 0
Best Suited For (e.g., beginners, experienced traders)
Beginner to experienced traders
Beginners
Deposit & Withdrawal Options
Deposit Methods
Credit/debit card, Bank transfer, e-wallets, Union pay, USDT
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 card, Bank transfer, e-wallets, Union pay, USDT
Bank Transfers
Other E-Wallets Supported
Neteller,skrill, PayPal
No
Tools & Educational Resources
Economic Calendar
Yes
No
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education Online Courses, Market Analysis and Insights, Webinars, Trading Guides and eBooks, Video Tutorials, The Daily Fix Market News and Analysis, Pepperstone Blog Trading Insights
Savings interest calculator Inflation calculator Ticker time machine Rate comparison calculator
Fees & Commissions
Trading-Related Fees
Spread-1.2 pips
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)
Variable
NA
Per Lot Fees
Razor account: $3.50 per lot, Raw account: $7 per lot, cTrader:$6 round trip per unit, TradingView: $7 roundtrip per unit
NA
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
1 pip on FX pairs
NA
Guaranteed Stop Loss Fees
Charges apply
NA
Maximum Leverage
1:500
Info not available
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
NA
Statement or Document Fee
NA
NA
Account Opening Fee
NA
$0
Account Maintenance Fee
NA
$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
Razor Account- $29.36, Standard Account - $48.12, Swap-free Account $58.78
0.35%
Withdrawal Fee
$0
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
VIX 00:01 - 23:59 (Opens Monday 01:00; Friday close 23:55), NAS100 01:00 - 23:15, 23:30 - 23:59 (Closes Friday 23:55), HK Share CFDs 4:30-7:00, 8:00-11:00, US Share CFDs 16:31 - 22:55
Vary for each asset class
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24/7
Customer Support Methods (phone, email, live chat)
Phone: +1786 628 1209, Email: [email protected], Live chat
Email: mailto:[email protected], Live chat Phone number:+1 332-333-4220.
Support Languages
8+
20+
Additional Information
Headquarters Location
Melbourne, Australia
Volta 1 Tallinn 10412 Estonia
Complaints (for crypto brokers)
No
No
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