IC Markets
Lightyear
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In this comprehensive broker comparison, we examine IC Markets and Lightyear, two distinct platforms catering to different types of traders. IC Markets, established in 2007 and regulated by ASIC and CySEC, appeals to experienced traders seeking a comprehensive range of markets, including forex, CFDs, and cryptocurrencies, with ultra-low spreads starting from 0.0 pips. In contrast, Lightyear, a newer entrant launched in 2020 and regulated by the FCA, targets investors interested in simple, commission-free trading of US and EU stocks through a user-friendly mobile app. While IC Markets offers advanced trading platforms and high leverage, Lightyear provides a straightforward, cost-effective solution for stock traders with no minimum deposit requirement.
IC Markets
Lightyear
| IC Markets | Lightyear | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 2.7/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | ASIC, CySEC ✓ | FCA |
| Platforms | MT4, MT5, TradingView | Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 2.7/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
Lightyear
IC Markets
Lightyear
Lower fees
IC Markets
3.9/5
Choose IC Markets if you want…
Lightyear
2.7/5
Choose Lightyear if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 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.
IC Markets offers spreads from 0 pips, while Lightyear starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. Lightyear requires $0.
IC Markets is regulated by ASIC, CySEC, while Lightyear holds licences from FCA.
IC 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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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.