CMC Markets vs LiteForex Europe
| CMC Markets Review 2023 | LiteForex Europe Review 2023 |
|---|---|
4.7
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3.7
|
 Traders from US not accepted
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Traders from US not accepted
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CMC Markets is a trustworthy brand authorized by tier-one regulators including the FCA and ASIC. Advanced trading tools, excellent market research and low fees help the broker stand out from rivals. The no minimum deposit, free demo account and social trading service have also made CMC Markets popular with aspiring traders. |
LiteForex Europe is a CFD broker established in 2008 and authorized by the CySEC. The brokerage offers trading on forex, commodities and indices via the MetaTrader 4 and MetaTrader 5 platforms. Spreads are ultra tight on ECN accounts and leverage is available up to 1:30 in line with EU regulations. LiteForex also offers a rich education centre for new traders and social trading capabilities. |
| Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | |
| Comment by Reviewer | |
| "CMC Markets is a great option for active traders with thousands of instruments, spreads from 0.0 pips and an award-winning trading platform." | "LiteForex is a good option for active forex traders with variable spreads from 0 pips, daily analysis and high-quality training guides. The forex copy system also lets you duplicate the positions of experienced traders." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting | Forex, indices, metals |
| 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, MAS, CIRO | CySEC |
| Margin Trading | |
| Yes | No |
| Margin Rate | |
| 1% | |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | 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 | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS & Android | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Yes |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| The LiteForex copy trading system is available to all clients and allows users to replicate positions and strategies in their own accounts. Simply choose a trader using the broker's rating system, make a deposit and decide on an investment term. | |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $10 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CMC Markets offers leveraged CFDs on an extensive list of 12,000+ instruments with transparent pricing, powerful trading software and ultra-fast execution speeds. Out-of-hours trading on CFD indices is also available, plus 24/5 award-winning customer support. | LiteForex offers leveraged CFDs on popular asset classes, including currencies, commodities and indices. Traders can choose between the ECN and Classic account depending on their strategy alongside an accessible starting deposit and leading trading software from MetaTrader. |
| Leverage | |
| 1:30 (Retail), 1:500 (Pro) | 1:30 |
| FTSE Spread | |
| 1 pt | 1 |
| GBPUSD Spread | |
| 0.9 | Floating from 0 |
| Oil Spread | |
| 3.5 | 0.3 |
| Stocks Spread | |
| 0.02 | N/A |
| Forex Trading | |
| CMC Markets offers a superb list of 330+ forex pairs with tight spreads and ultra-fast executions. The selection of currencies is significantly wider than rivals. | LiteForex Europe is a great option for forex traders with dozens of currencies, low spreads from 0 and a VPS for automated trading strategies. We also rate the daily market insights and forex tutorials for beginners. |
| Forex App | |
CMC Markets deliver an award-winning app, compatible with most major mobile and tablet operating systems. Trade more than 9300 assets via the app on their Next Generation platform. Includes advanced charting with 12 chart types and 40 technical indicators. |
Liteforex deliver a sophisticated mobile offering, with full functionality across the major mobile operating systems. All applications and their contents are supported in more than 8 languages and are constantly updated. |
| GBPUSD Spread | |
| 0.9 | Floating from 0 |
| EURUSD Spread | |
| 0.7 | Floating from 0 |
| EURGBP Spread | |
| 1.1 | Floating from 0 |
| Assets | |
| 330+ | 50+ |
| Currency Indices | |
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| Cryptocurrency | |
| CMC Markets offers trading on popular digital tokens and crypto indices for broader exposure to the market. There is minimal slippage and an excellent 99.9% fill rate. | Crypto trading not offered |
| Spread | |
| from 1.3 | |
| 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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| Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | |
| More Comparisons | |
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CMC Markets vs |
LiteForex Europe vs |