Simple, fair and transparent pricing

Customers are at the centre of everything we do and our pricing structure reflects that. We charge the smallest amount possible in order to execute at the highest standard and build a sustainable business.
PersonalPersonalBusinessBusiness

You pay us for
these 2 things

Yep, that’s it.
Currency conversion

Uses the live interbank exchange rate

0.1%
Vaults

Rates shown are what you get, after fees.

0.20-0.25%

Varies by currency

We’ll give you
these for free

You’ll often pay for these elsewhere.
US stocks

Per order.

Free
UK stocks

Per order.

Free
EU stocks

Per order.

Free
Exchange traded funds (ETFs)

No execution or custody fees. Fund manager fees still apply.

Free
Cash ISA paying 3.75% AER

Flexible access to the Bank of England’s base rate, tax-free.

Free
Account fee

We don’t charge you for leaving your money to grow.

Free
Multi-currency account

No more double conversion fees on each trade. Hold GBP, USD and EUR. GIA only.

Free
Bank transfer in

Transferring funds from a local bank account.

Free
Bank transfer out

Transferring funds to a local bank account.

Free
W8-BEN (US tax form)

Pay less tax on any dividends earned from US shares.

Free

Other fees

Many customers don’t pay for these. You can find a breakdown of applicable fees and taxes here.
Deposit via card

Quick deposits with debit card, Apple Pay or Google Pay.

0.6%
Receiving a USD wire payment

Fixed fee per payment.

max $8.50

per payment

How we compare
Numbers that speak for themselves
For too long, UK investors have got the short end of the stick. Sky-high fees on one side, illusive
promises of ‘free trading’ on the other. This ends with Lightyear. With us, what you see is what you get.
Trading212Hargreaves LansdownInteractive InvestorAJ Bell
Currency conversion (FX)
0.1%
0.15%
0.99%
First £10k (see below)
Up to 0.75%
see below
0.75%
see below
Monthly fee
Free
Free
0.35%
per year, see below
£5.99 - £39.99
see below
0.25% of holdings
max £3.50 per month
ETFs
- per order
Free
Free
£6.95
£3.99
£3.50 - £5.00
based on trade activity
US stocks
- per order
Free
Free
£6.95
£3.99
£3.50 - £5.00
based on trade activity
UK stocks
- per order
Free
Free
£6.95
£3.99
£3.50 - £5.00
based on trade activity
EU stocks
- per order
Free
Free
£6.95
£5.99 - £9.99
see below
£3.50 - £5.00
based on trade activity
Multi-currency
Full comparison

Data accurate as of 1st March 2026.

Trading 212: Based on their Invest fees page.

Hargreaves Lansdown: Based on their Stocks & Shares ISA. Stock trading costs depend on the number of trades made in the previous month. The standard online dealing charge is £6.95 per trade for up to 19 trades in the previous month and £3.95 per trade for 20 or more trades. Shares, exchange-traded funds (ETFs) and investment trusts are charged at 0.35% per year, capped at £150 per account. Foreign exchange (FX) fees are tiered: 0.99% on the first £10,000, 0.75% on the next £10,000, 0.50% on the next £20,000, and 0.25% on amounts above £40,000. Additional dealing charges may apply for certain instruments, such as funds.

Interactive Investor: Based on their pricing plans page. II offer 3 different plans; Core, Plus and Premium. There is a portfolio limit of £100k for Core. The table shows the range across these 3 plans. FX is 0.75% for Core, 0.75% for the first £50k in Plus and 0.25% over £50k, and 0.25% in Premium. Full breakdown of their pricing is available here.

AJ Bell: Based on their Stocks & Shares ISA. The AJ Bell fees for trading ETFs and stocks are based on trades in the previous month. If you had more than 10 share deals in the previous month then the £5.00 charged is reduced to £3.50. AJ Bell's FX fee in their ISA is 0.75% on the first £10,000 going down to 0.50% on the next £10,000 and to 0.25% on values over £20,000