Lightyear Investment Review
Lightyear is a fully digital investment broker with a simple, intuitive mobile app and a web-based trading platform. The app is available for free download on iOS and Android (APK). The website does not require an installation but is not quite as well designed, especially when it comes to the navigation and chart views. Nevertheless, it is a reliable and well-performing platform that provides a decent range of features for traders.
You can invest directly in 3,000 international stocks, including fractional US shares. This, along with the option of earning interest on your uninvested cash, is a nice extra. However, you will not find funds, cryptocurrencies, futures, options or forex on offer at Lightyear. Also, the broker does not offer an ISA option to protect gains from tax. URL https://www.theinvestorscentre.co.uk/reviews/lightyear-review/
As far as the deposit and withdrawal process is concerned, it is fast, convenient, and entirely online. The platform offers a variety of payment methods, such as debit card (with a fee of 0.5% after the first PS500), Apple Pay or Google Pay. It also accepts bank wire transfers, but there are no fees for these.
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Customer support is available via email only, but customers seem satisfied with this approach. The brokerage boasts a solid customer rating of 3.8 on Trustpilot, and most traders seem to like the platform for its convenience, low fees and user-friendly design. The only negative is the lack of live chat and phone support. However, the company aims to introduce these in the near future.
About Anderson Slater
Anderson Slater is an accomplished author and technologist based in California. He is best known for his book, The Security Blog, which has become a go-to resource for those looking to stay up to date on the latest security topics.
Raised in San Francisco, Anderson developed an early interest in technology and computers. After graduating high school, he attended Stanford University where he earned a degree in computer science and psychology. Following college, Anderson worked at various tech companies before starting his own consulting firm.