Lightyear vs RoboMarkets

Lightyear or RoboMarkets – which is better for UK traders 2024? Compare Lightyear and RoboMarkets in this detailed breakdown of their platforms, features and fees.

Lightyear vs RoboMarkets Comparison Table 2024
Lightyear RoboMarkets
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4.5
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3
Lightyear is ranked #110 among UK brokers. RoboMarkets is ranked #63 among CFD brokers.
Lightyear is a trading app that offers multi-currency investing with low-commission US, EU and UK stocks, no commission on ETF trades, and the chance to earn high interest on uninvested USD, GBP and EUR. The firm launched in 2015 and UK retail traders will be registered under the Lightyear Financial Ltd entity. This company is authorised and regulated by the Financial Conduct Authority (FCA), license number 955739. Capital at risk
We do not recommend RoboMarkets. Customer Service performed very badly in our experience.
RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to four leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.
Capital at risk
Pros
  • Lightyear offers a user-friendly trading app with thousands of global equities
  • The investing app has been featured in the Financial Times & CNBC
  • Low-cost trading with no hidden fees or inactivity penalties
  • Traders can earn interest on uninvested cash
  • Low starting deposit of just $1 for new investors
  • Wide selection of flexible and fee-free payment methods, including bank cards and e-wallets in multiple currencies
  • Remote VPS server with 24/7 high-speed connection, ideal for traders using Expert Advisors
  • Raw ECN spreads from 0 pips alongside low to zero commissions on popular markets
  • Reputable CySEC license means traders receive excellent fund safety measures
  • Trading platforms will suit a range of strategies such as scalping and algo trading
  • No inactivity fee or account maintenance charges
  • Automated dividend payments
  • Fractional stock trading
Cons
  • Platform features are basic and won't meet the needs of seasoned traders
  • Limited range of instruments with no forex trading
  • No demo account for prospective users
  • No MetaTrader 4 integration
  • No copy trading service
  • European traders only
  • Very weak customer support
  • Withdrawal fees apply to various methods
  • Small selection of educational materials compared to other brokers
Awards
  • Safest European Broker - London Trader Show Awards
  • Best Mobile Trading Platform - Professional Trader Awards
  • Best ECN Broker (Europe) - Global Brands Magazine Awards
  • Most Trusted European Broker - Global Forex Awards Retail
  • Best Indices Broker - International Business Magazine Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Stocks, ETFs Forex, CFDs, indices, shares, commodities, ETFs
Demo Account
No Yes
Minimum Deposit
$1 $100
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
FSA CySEC
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CHF
  • PLN
  • CZK
Commodities
  • Gold
  • Silver
  • Natural Gas
CFD
Trade all markets via CFDs, with retail leverage up to 1:30. With the RStocks Trader account, clients can access over 12,000 CFDs with algorithmic analysis tools and intuitive charts.
Leverage
1:30 (Retail), 1:300 (Pro)
FTSE Spread
0.5
GBPUSD Spread<
2.0
Oil Spread
4.4
Stocks Spread
Variable
Forex
Start trading on dozens of currencies at RoboMarkets with powerful analysis tools and pattern recognition technology. 35+ currency pairs are available with tight spreads from 0 pips and rapid market execution. You can also utilise the broker's forex news alerts and economic calendar.
Assets
35+
GBPUSD Spread
2.0
EURUSD Spread
1.4
EURGBP Spread
1.6
Lightyear RoboMarkets
Capital at risk
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