Axi vs LiteFinance
Axi Review 2023 | LiteFinance Review 2023 |
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3.7
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4
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Axi is a global forex and CFD trading firm, trusted by investors around the world. Highly leveraged trading opportunities plus a $0 minimum deposit make it a popular broker with beginners and seasoned traders. Axi also stands out for its resources, including copy trading and Myfxbook. |
LiteFinance is an offshore-regulated broker with 55 forex pairs and a range of international stocks as well as a smaller list of indices, commodities and cryptocurrencies. With support for the MetaTrader 4 and MetaTrader 5 platforms as well as a proprietary mobile app, there is a good selection of tools available. The broker offers a Classic commission-free account as well as an ECN account with spreads starting from zero and a commission per lot. |
81.6% of retail investor accounts lose money when trading CFDs with this provider | |
Bonus Offer | |
Rebate on payment fees | |
Comment by Reviewer | |
"Axi will appeal to forex traders in particular with more than 70 currency pairs, ultra-fast execution speeds and no restrictions on trading strategies, including EAs." | "LiteFinance will suit traders seeking high leverage on forex, stocks, commodities, indices and cryptocurrencies. The social trading system will also suit newer investors looking to learn from seasoned traders." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $50 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, ASIC, DFSA, FMA | CySEC |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
Yes | Yes |
DMA Account | |
No | Yes |
MAM Account | |
Yes | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
Myfxbook plus Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
After partnering with Pelican Trading, Axi has launched a user-friendly copy trading service that provides access to more than 30 products across popular financial markets. | LiteFinance offers a forex copy trading solution with hundreds of master traders. Simply decide how long you want to invest for and the amount, for example, $500 for three months. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes - on MT4 | Yes |
VPS Hosting | |
Yes | Yes |
Tournaments | |
No | No |
Demo Competitions | |
Yes | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade CFDs with dynamic leverage on a multitude of markets, including forex, shares, indices and commodities. Raw spreads are available from 0 pips rivalling leading competitors. | CFDs are available on a breadth of assets including stocks, ETFs, indices, commodities and cryptocurrencies with both zero-commission and low-commission, tight spread accounts available. LiteFinance also offers high leverage of up to 1:500, providing significant trading opportunities. |
Leverage | |
1:400 | 1:500 (Crypto 1:50) |
FTSE Spread | |
from 100 (floating) | 0.8 |
GBPUSD Spread | |
from 0.6 pips (floating) | 0.8 |
Oil Spread | |
from 0 pips (floating) | 5.5 |
Stocks Spread | |
Variable | Variable |
Forex Trading | |
Axi offers a great selection of 70+ major, minor and exotic currency pairs. There are no restrictions on trading strategies and the broker boasts impressive spreads by connecting to 20 liquidity sources. | With 55 forex pairs and cross pairs available, including a good selection of minors and exotics, LiteFinance is a good option for forex traders. Although it falls short of some competitors who offer 70 or 80+ forex assets, it offers excellent trading platforms and tools including a VPS. |
GBPUSD Spread | |
from 0.6 pips (floating) | 0.8 |
EURUSD Spread | |
from 0.2 pips (floating) | 0.2 |
EURGBP Spread | |
from 0.5 pips (floating) | 0.5 |
Assets | |
70+ | 55 |
Cryptocurrency | |
Axi offers all the well-known cryptos paired with fiat currencies, other tokens and metals. High leverage up to 1:200 is available on digital currency trades and users can deploy various strategies, from scalping to position trading. | LiteFinance offers 62 cryptocurrencies, mostly paired with USD. The list includes some lesser-known tokens with lower market capitalization. However, traders will not directly buy and own the crypto tokens they trade. |
Spread | |
Variable | From 0.1 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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81.6% of retail investor accounts lose money when trading CFDs with this provider | |
More Comparisons | |
Axi vs |
LiteFinance vs |