FP Markets
Lightyear
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
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
| FP Markets | Lightyear | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 2.7/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | ASIC, CySEC ✓ | FCA |
| Platforms | MT4, MT5, TradingView | Proprietary Mobile |
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 belowFP Markets
Lightyear
FP Markets
Lightyear
Lower fees
FP Markets
3.8/5
Choose FP Markets if you want…
Lightyear
2.7/5
Choose Lightyear if you want…
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.
FP Markets offers spreads from 0 pips, while Lightyear starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Lightyear requires $0.
FP Markets is regulated by ASIC, CySEC, while Lightyear holds licences from FCA.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Lightyear supports Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.