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

FP Markets vs Lightyear 2026: Which Broker is Better?

In the "FP Markets vs Lightyear" broker comparison, the key difference lies in their market offerings and target clientele. FP Markets, established in 2005 and regulated by ASIC, caters to experienced traders seeking a broad range of trading instruments including forex, CFDs, and cryptocurrencies, with advanced platforms like MT4, MT5, and TradingView. In contrast, Lightyear, a newer entrant founded in 2020 and regulated by the FCA, appeals to beginner investors with its commission-free stock trading focused on US and EU markets, offered through a user-friendly proprietary mobile app. While FP Markets is ideal for those looking for extensive market access and leverage, Lightyear suits those prioritising simplicity and zero-commission stock trading.

FP Markets

Lightyear

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsLightyear
BrokerRank Score3.8/5 ✓2.7/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, CySEC ✓FCA
PlatformsMT4, MT5, TradingViewProprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
LightyearFP Markets
Best for Low Fees
FP MarketsLightyear
Best for Regulation
FP MarketsLightyear
Best Overall
FP MarketsLightyear
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 2.7/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs Lightyear: Key Differences

Feature

FP Markets

Lightyear

Our Rating
3.8 / 5
2.7 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks
Founded
2005
2020
Headquarters
Sydney, Australia
London, UK
Score
2 / 4
2 / 4

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Fees Comparison

Fee

FP Markets

Lightyear

Lower fees
Spread From
0 pips
0 pips
Commission
$3/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the "FP Markets vs Lightyear" comparison, FP Markets is better suited for professional traders due to its wide range of markets, advanced platforms like MT4 and MT5, and high leverage of up to 1:500. Lightyear, with its simple, modern interface and zero commission on stocks, is more appealing to beginners seeking a straightforward investing experience. When it comes to fees, Lightyear takes the lead with its commission-free structure for US and EU stocks, making it a cost-effective choice for stock investors.

Who Should Choose Which?

FP Markets

FP Markets

3.8/5

Top pick

Choose FP Markets if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
  • More market types (6)
Lightyear

Lightyear

2.7/5

Choose Lightyear if you want…

  • No per-trade commission
  • No minimum deposit

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both FP Markets & Lightyear are available in

Frequently Asked Questions

1

Is FP Markets better than Lightyear?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 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, FP Markets or Lightyear?

FP Markets 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 FP Markets vs Lightyear?

FP Markets requires a minimum deposit of $100. Lightyear requires $0.

4

Which broker is safer, FP Markets or Lightyear?

FP Markets is regulated by ASIC, CySEC, while Lightyear holds licences from FCA.

5

What trading platforms do FP Markets and Lightyear support?

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Lightyear supports Proprietary Mobile.

6

Can I use both FP Markets 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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