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Side-by-Side Comparison Independent Updated Oct 2, 2026

Fidelity vs Lightyear 2026: Which Broker is Better?

In comparing Fidelity and Lightyear, key distinctions emerge in their market offerings and target clientele. Fidelity, with its long-standing reputation and extensive asset management experience, appeals to traders seeking a comprehensive range of investment options, including stocks, indices, and commodities, supported by robust research tools. In contrast, Lightyear, a newer entrant based in London, caters to traders prioritising simplicity and cost-effectiveness, offering commission-free trading on US and EU stocks through a user-friendly mobile app. While Fidelity provides a broader market and advanced features, Lightyear is ideal for those focused on straightforward stock investment with modern conveniences.

Fidelity

Lightyear

Higher ratedFidelity logo

Fidelity

3.6/ 5
Visit Fidelity →Full review
VS
FidelityLightyear
BrokerRank Score3.6/5 ✓2.7/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:2 ✓1:1
RegulationSEC, CFTC ✓FCA
PlatformsProprietary Web, Proprietary MobileProprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
FidelityLightyear
Best for Low Fees
FidelityLightyear
Best for Regulation
FidelityLightyear
Best Overall
FidelityLightyear
Quick Answer

Fidelity is the better choice overall, scoring 3.6/5 vs 2.7/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).

See full side-by-side comparison below

Fidelity vs Lightyear: Key Differences

Feature

Fidelity

Winner

Lightyear

Our Rating
3.6 / 5
2.7 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
None
Regulated By
SECCFTC
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Mobile
Markets
Stocks, Indices, Commodities
Stocks
Founded
1946
2020
Headquarters
Boston, USA
London, UK
Score
2 / 2
0 / 2

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Fees Comparison

Fee

Fidelity

Lightyear

Spread From
0 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Lightyear is the better choice due to its simple, modern interface and easy accessibility, despite its limited market offerings. Professional traders may prefer Fidelity, given its extensive research tools, variety of markets including indices and commodities, and a long-standing reputation with $11 trillion in assets under management. When it comes to fees, both brokers offer commission-free trading on US stocks, but Lightyear additionally provides competitive FX rates, making it a strong contender in fee structures.

Who Should Choose Which?

Fidelity

Fidelity

3.6/5

Top pick

Choose Fidelity if you want…

  • Higher overall rating (3.6/5)
  • Higher leverage (up to 1:2)
  • More regulatory licences (2)
  • More market types (3)
Lightyear

Lightyear

2.7/5

Choose Lightyear if you want…

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Frequently Asked Questions

1

Is Fidelity better than Lightyear?

Fidelity scores higher overall on our independent rating system. Fidelity holds a 3.6/5 rating vs Lightyear's 2.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Fidelity or Lightyear?

Fidelity offers spreads from 0 pips, while Lightyear starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Fidelity vs Lightyear?

Fidelity requires a minimum deposit of $0. Lightyear requires $0.

4

Which broker is safer, Fidelity or Lightyear?

Fidelity is regulated by SEC, CFTC, while Lightyear holds licences from FCA.

5

What trading platforms do Fidelity and Lightyear support?

Fidelity supports Proprietary Web, Proprietary Mobile. Lightyear supports Proprietary Mobile.

6

Can I use both Fidelity and Lightyear?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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