Lightyear - an alternative to Interactive Brokers
Lightyear is an investment platform established in Estonia and the UK. Lightyear’s goal is to make investing easy, convenient and affordable for retail investors. When investing in foreign shares and ETFs, the usual choice is to use your home bank, but they usually have high transaction fees and account maintenance fees for holding shares.
Another popular option is to open an Interactive Brokers account. With them, opening an account is difficult, the user experience is poor, and transaction fees are significantly lower than in regular banks, but still exist. So, for a beginner investor who does not want to use leverage or trade options, Lightyear is a very reasonable choice.
Some Lightyear's advantages
- There are NO transaction fees for ETFs (fund manager and potential FX fees apply)
- Transaction fees for stocks are extremely low
- You can earn interest through Savings Vaults. Your funds will be invested in BlackRock Money Market Funds. Though low-risk, this is still an investment so capital at risk
- Access to 5500+ US and European stocks and ETFs
Promo code: TAAVI
To receive a bonus, use the promo code TAAVI when creating your account.
By entering the discount code, you’ll be eligible for up to €100 of stock or ETF in your personal account.
Please note that in order to enter the code, you must be an EU resident who hasn’t redeemed a promotional code before. Only for new users who signed up within last 30 days and haven’t used a promotional code before. To claim a reward, complete onboarding and deposit at least €100.
Investing involves risks. This is not an investment recommendation or advice. Capital at risk. Provider of the investment services is Lightyear Europe AS for the EU. Terms apply: https://lightyear.com/terms. Seek qualified advice if necessary.
Read more:
- How opened a business account with Lightyear (in Estonian)