- Experts commend Lightyear Business Investing Account for its user-friendly interface and low-cost structure, highlighting the absence of fees for account maintenance and transactions. The platform's ability to hold multiple currencies and offer free ETF investments is particularly praised, although some limitations exist regarding complex investment strategies and order types.
- Across 676 user reviews on Good Money Guide, averaging 4.9/5, customers frequently highlight the app's simplicity and intuitive design, making it accessible for both novice and experienced investors. Many users appreciate the low fees and transparent pricing, while others note the platform's efficiency in managing investments and providing timely updates. A few criticisms mention the need for more complex investment options.
Lightyear Business Investing Account Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Lightyear Business Investing Account across five key areas of our review framework.
- Pricing5.0
- Market Access4.5
- App & Platform5.0
- Customer Service5.0
- Research & Analysis4.5
Pros
- Simple to use
- Low costs
- Good interest rates
Cons
- Limited market rate for complex investment strategies
- Limited order types for active investors
See full expert review
Our verdict
Lightyear won Best Business Investing App because they simplify the process of opening a corporate investment account. By enabling businesses to invest in the stock market rather than solely holding cash, Lightyear empowers companies to make more from their funds, maximizing potential returns.
Is Lightyear a good business investing account?
Lightyear won “Best Business Investing Account” in the 2024 Good Money Guide Awards as they have really simplified the process of opening corporate investment accounts.
There are no fees to open, bank transfer into, withdraw from, or maintain a Lightyear business account and you can hold currency in either GBP, USD & EUR.
Plus, investing in ETFs is completely free of execution fees, and won’t be subject to conversion fees either if you hold money in USD, GBP or EUR.
But, if you do convert currency, Lightyear only charges an FX fee of 0.35%
Your business can also invest in high-interest-rate treasury products backed by BlackRock.
Charlotte Ashdown from Lightyear said after winning the review: We’re honoured to win this award. Most business funds are kept in easy-access accounts with incumbent brokers and banks, earning only 1-2% interest, which leads to billions in potential earnings being lost. We’re addressing this by helping businesses earn the interest they deserve, ultimately contributing to both their success and the economy's. For retail investors, we advocate a diversified portfolio—US stocks are popular, but UK stocks are also essential for balance. Today’s discussions on making bonds more accessible to retail investors show promising steps toward creating balanced portfolios with lower-risk options alongside higher-risk stocks.
Customer reviews for Lightyear
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 676 reviews
- Excellent92%
- Very good6%
- Basic1%
- Poor1%
- Bad0%
Read customer reviews
Trustworthy
They are innovative, easy to use from youngsters to seniors. It is simply for all people!
excellent
simple
fast, cheap
they have an amazing UI, the platform is super fastm the fees are low and tax compliance is SUPER easy.
Flexibly diverse
Provides a an extended assortment of commodity types, and an easy way to track and manage profits & losses visually.
Quality
It's an easy to use application, where everything is available what you need. Not too complex, because of this everyone can use it
Ease
Easy to use, great tips on investment options and the new investment plans.
easy to use
update , info,
Clean UI
Provides clean and intuitive user interface. It is reliable and works really smooth.
convenient
Easy and understandable to use, ever growing features inside app.
Intuitive.
Product, pricing, customer support.
Effortless
Make money management effortless, transparent and inspiring
simple
app is clear and simple.
Corresponding
Needs based
Simple
Sorry, I have no comparison
Simplicity
Great at building an investing app that is really simple to use, is transparent with its pricing.
Lightyears ahead
Investment plans is top notch
Easy to use
Great design, expanding feature set, responsive customer support and putting customers at the heart of everything
Simple
Everything is simple and understandable
Transparency
Working really hard to make the best improvements to the platform and taking users wishes and needs seriously.
UX
Cheap prices, low fees and extremely well thought-through and nice to use UX.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.