IC Markets vs LiteForex Europe
| IC Markets Review 2023 | LiteForex Europe Review 2023 |
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4.8
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3.7
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 Traders from US not accepted
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Traders from US not accepted
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IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand. |
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. |
| Comment by Reviewer | |
| "IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders." | "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, Bonds, Futures, Crypto | Forex, indices, metals |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $200 | $50 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, FSA | CySEC |
| Margin Trading | |
| Yes | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| Yes | Yes |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| Yes | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS, Android & Windows | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | Yes |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to popular third-party copy trading tools - ZuluTrade and Myfxbook. | 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 | |
| No | Yes |
| Trade Signals | |
| Yes (Via Robot Feature) | Yes |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage. | 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 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | 1:30 |
| FTSE Spread | |
| 1 | 1 |
| GBPUSD Spread | |
| 0.5 | Floating from 0 |
| Oil Spread | |
| 0.03 | 0.3 |
| Stocks Spread | |
| 0.02 | N/A |
| Forex Trading | |
| Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees. | 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 | |
IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps. |
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 | |
| 0.5 | Floating from 0 |
| EURUSD Spread | |
| 0.1 | Floating from 0 |
| EURGBP Spread | |
| 0.5 | Floating from 0 |
| Assets | |
| 55+ | 50+ |
| Cryptocurrency | |
| IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet. | Crypto trading not offered |
| Spread | |
| BTC 0.4%, ETH 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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| More Comparisons | |
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IC Markets vs |
LiteForex Europe vs |