Simple, fair and transparent pricing
You pay us for these things
We’ll give you these for free
...and we’ll also pay you interest
...or you can earn even higher interest
Oh, and there’s the Government
Also, our partners charge for this
Invest in ETFs, free of Lightyear fees
- Free to deposit by bank transfer.
- No execution fees for investing in ETFs.
- No custody fees for holding your investments with us.
- No FX fees when you invest in your home currency — we have ETFs priced in EUR, GBP and USD.
Multi-currency investing
- No more double conversion fees on each trade — You choose when and how much you convert.
- Your money is always converted at the live interbank rate — the rate at which banks convert currencies with each other.
- Earn interest on your uninvested cash — GBP (3.00%), USD (3.00%), EUR (2.00%) p.a net.
How we compare
 |  |  |  | ||
|---|---|---|---|---|---|
Monthly fee | Free | £5.99 | Free | £4.99 | Free |
ETFs | Free | Free | £3.99 | £11.95 | |
US shares per successful order | $1 max | 0.59% FX fee | 0.25% £1 min | £3.99 | £11.95 + 1.00% Dealing & FX fee |
UK shares per successful order | £1 | Free | £3.99 | £11.95 | |
EU shares per successful order | €1 | 0.59% FX fee | £9.99 | £11.95 + 1.00% Dealing & FX fee | |
Currency conversion (FX) | 0.35% | 0.59% | 0% on £1K/mo 0.5% after | 1.50% | 1.00% |
Multi-currency | |||||
Interest on GBP uninvested cash | 3.00% | 3.00% AER, up to £2K | 2.29% AER variable | 2.02% AER | 3.04% AER |
Interest on USD uninvested cash | 3.00% | 2.29% AER variable | 2.02% AER | ||
Interest on EUR uninvested cash | 2.00% | 2.29% AER variable |
Pricing comparison of other providers as of 17th July 2024 based on a portfolio of £8,000. Information displayed on the table above is based on competitors' websites information. For the most up to date information please visit their respective websites.
Freetrade: Offers 3 different plans. In the above table, the Standard plan is presented with a monthly fee of £5.99 that can be reduced to £4.99 if paid yearly. Other plans are 'Basic' which is free with a 0.99% FX fee, or 'Plus' which is £11.99 (£9.99 if paid annually) with a 0.39% FX fee.
Revolut: Offers 4 different plans. The table above shows their Standard plan, which is the free tier offering one free trade per month. Revolut also offers a Plus, Premium, Metal, and Ultra plans, priced £3.99, £7.99, £14.99, and £45 per month respectively. Offered interest would go up to 2.39% for Plus, 3% for Premium, 4% for Metal, and 4.75% for Ultra. Standard and Plus plans are subjected to and FX fee of 0.5% after the first £1,000 but this fee is waived in Premium and Metal plan.
Interactive investors: Offers 4 different plans. The table above shows their Investor Essentials plan. Other plans are Investor, Super Investor, and Pension Builder, priced at £11.99, £19.99, £12.99 per month respectively. Fees on international (EU) shares are reduced to £5.99 on the Super investor plan. Interest rates are tiered, offering 2.02% AER on the first £10,000, 2.78% AER between £10,000 to £100,000, 3.82% between £100,000 and £1,000,000, and 4.75% over £1,000,000. FX fee is also tiered and would work as follows. £25,000 - £49,999 are 1.25%, £50,000 - £99,999.99 are 1%, £100,000 - £599,999 are 0.5%, and £600,000+ is 0.25%.
Hargreaves Lansdown: Trade cost is based on the number of trades in the previous month. £11.95 fee is the first tier from 0 to 9 trades in the previous month. £8.95 per trade for 10-19 trades, and £5.95 for 20 or more trades. At the same time FX is also tiered with 1.00% FX fee on the first £5,000, reduced to 0.75% for the next £5,000, 0.5% for the £5,000 after that, and 0.25% over £20,000. Interest rates are based on cash holdings in an HL ISA, and these are also tiered: 3.04% AER up to £9,999, 3.25% AER from £10,000 to £49,999, 3.45% AER from £50,000 to £99,999, and 3.76% for over £100,000.