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
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 (4.50%), USD (4.50%), EUR (3.25%) p.a net.
How we compare

FreetradeStandard Plan | RevolutStandard Plan | Interactive InvestorInvestor Plan | Hargreaves Lansdown | ||
---|---|---|---|---|---|
ETFs | Free | Free | £5.99 | £11.95 | |
Monthly fee | Free | £5.99 | Free | £9.99 | Free |
US shares per successful order | $1 max | 0.59% FX fee | 0.25% £1 min | £5.99 | £11.95 + 0.75% Dealing & FX fee |
UK shares per successful order | £1 | Free | £5.99 | £11.95 | |
EU shares per successful order | €1 | 0.59% FX fee | £5.99 | £11.95 + 0.75% Dealing & FX fee | |
Currency conversion (FX) | 0.35% | 0.59% | 0% on £1K/mo 0.5% after | 1.50% | 0.75% |
Multi-currency | |||||
Interest on GBP | 4.50% | 1.00% Up to £2K | 1.30% | 1.10% | 1.00% |
Interest on USD | 4.50% | 1.10% | |||
Interest on EUR | 3.25% | 1.19% |
Pricing comparison of other providers as of 3rd of April 2023 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. In the above the Standard plan is presented which is their free version which offers also a first trade for free each month . Revolut also offers a plus, premium and metal plans, priced £2.99, £6.99, £12.99 respectively. Offered interest would go up to 1.38% for plus, 2.34% for premium and 2.75% for metal. 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. In the above table the Investor plan is presented which offers a credit of £5.99 which is equivalent to the first trade free. Other plans are Investor Essentials, Super Investor and Pension Builder, priced £4.99, £19.99, £12.99 respectively. UK shares and funds and US shares per trade are reduced to £3.99 on the Super investor plan. Interest rates are tiered offering 0.5% on the first £10.000 and 1% over £10.000. 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 - £999,999.99 are 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 1 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 and reduces to 0.75% after the first £5,000, 0.5% after £10,000 and 0.25% over £20,000. Interest rates are also tiered with 1% up to £9.999, 1.20% from £10,000 to £49.999.99, 1.40% from £50,00 to £99,999.99 and 1.60% for over £100,000.00.