Our approach to fees is simple. We believe in:
  • Radical transparency: We’ll always be upfront with any associated charges. We also want to ensure that we charge the smallest amount possible fairly, so if you place an order where the fees will account for 5% or more of its total value, you’ll be presented with a pop-up in the Lightyear app for you to confirm this
  • Honest pricing: Our fees are a combination of covering the costs associated with the service plus a small amount on top that we can reinvest to improve the business
Things you pay us forCost
US shares (per order)0.10% (0.10 min - $1 max)
UK shares (per order)£1
EU shares (per order)€1
Currency conversion using the live interbank exchange rate0.35%
Fast deposit transfer (debit card, Apple Pay, Google Pay)
after free £500 lifetime allowance 
*From 16th July 2025, there will no longer be a free lifetime allowance of £500
0.5%
*0.6% from 16th of July 2025
SWIFT transfersSee here
We don't charge you for
Exchange-traded funds (ETFs) orders 
Multi-currency account
GBP, EUR, and USD deposit account numbers
Securities custody
Local bank transfers in/out
W8-BEN (US tax form)

Applicable taxes

Financial Transaction Tax
A financial transaction tax (FTT) is when a percentage of the asset's value is paid in taxes when traded. FTTs usually apply only to select financial instruments and often have varying tax rates depending on the asset type.
Stamp duty
Stamp duty is the tax governments place on legal documents, usually in the transfer of assets or property.
These taxes apply to anyone who is trading the applicable asset, irrespective of if you are a tax resident of that jurisdiction or not.
Tax jurisdictionType of taxApplicable toAmount
SpainFTTThe Spanish Financial Transaction Tax
(SFTT) will be applied to shares of companies whose head office is located in Spain and whose market capitalisation exceeds EUR 1 billion. 
0.2% on buy orders
FranceFTTThe French Financial Transaction Tax
(FFTT) will be applied to shares of companies whose head office is located in France and whose market capitalisation exceeds EUR 1 billion. 
0.4% on buy orders
ItalyFTTItalian Financial Transaction Tax (IFTT) will be applied to the transfer of the legal ownership of the shares of any category issued by Italian joint stock corporations (società per azioni and società in accomandita per azioni).Pursuant to local applicable legislation
PortugalStamp duty
Service fees in Portugal are subject to  Stamp Duty*. The Stamp duty percentage is calculated from the fees paid to Lightyear by a customer. Currently, it is calculated from the conversion fee of a transaction and is paid to the Portuguese Tax Authorities (“PTA”) by Lightyear.
*paid by Lightyear
4%
United KingdomStamp dutyStamp Duty Reserve Tax (SDRT) will be applied when you buy shares in a company incorporated in the UK, shares in a foreign company that has a share register in the UK and rights arising from such shares.0.5% on buy orders
IrelandStamp dutyIrish Stamp Duty will be applied when you buy shares in an Irish company, including on non-Irish exchanges.1% on buy orders

Regulatory fees (applicable only for U.S. securities)

  • American Depositary Receipts (ADRs): You may incur an annual custodial fee of $0.01–$0.05 per share. Additional small charges of $0.02–$0.05 per share or event during corporate actions (like dividends or mergers). These fees are set by the ADR depositary and custodian banks, not Lightyear, and vary by asset. You can check with the specific depositary bank to confirm the exact fee per ADR.
When you sell U.S. securities, small regulatory fees may apply. These fees only apply to sell trades, and are usually just a few cents.
  • FINRA TAF (Trading Activity Fee) based on the number of shares sold.
  • Regulatory Transaction Fee applies to sales of U.S.-listed stocks or options.
These transaction taxes and regulatory fees on U.S. securities are costs that we (Lightyear) incur on your behalf. From the 16th of July, we will start to pass these associated costs through to you at cost price.
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support@lightyear.com