Your capital is at risk. Trade only with funds you can afford to lose.
LiteFinance
#23 in our CFD broker rankings
Accepts traders from Nicaragua
Rating breakdown
- Regulation & trust3.41.1 lower than FOREX.com (4.5)
- Assets & markets3.60.4 lower than FOREX.com (4.0)
- Fees & costs3.50.7 lower than FOREX.com (4.2)
- Platforms & tools3.90.7 lower than FOREX.com (4.6)
- Accounts & banking3.80.2 lower than FOREX.com (4.0)
- Education3.30.6 lower than FOREX.com (3.9)
- Research3.31.5 lower than FOREX.com (4.8)
- Customer support3.30.6 lower than FOREX.com (3.9)
FOREX.com’s score. Numbers show the difference.
FOREX.com
Doesn't accept traders from Nicaragua. See available CFD brokers
Not available in your countryRead FOREX.com review
Rating breakdown
- Regulation & trust4.51.1 higher than LiteFinance (3.4)
- Assets & markets4.00.4 higher than LiteFinance (3.6)
- Fees & costs4.20.7 higher than LiteFinance (3.5)
- Platforms & tools4.60.7 higher than LiteFinance (3.9)
- Accounts & banking4.00.2 higher than LiteFinance (3.8)
- Education3.90.6 higher than LiteFinance (3.3)
- Research4.81.5 higher than LiteFinance (3.3)
- Customer support3.90.6 higher than LiteFinance (3.3)
LiteFinance’s score. Numbers show the difference.
| LiteFinance | FOREX.com | |
|---|---|---|
| Overview | 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. | Founded in 2001, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms. |
| Customer Reviews | Based on 1 customer reviews | Based on 5 customer reviews |
| Trustpilot Score | ||
| Bonus Offer | – | 20% Welcome Bonus Up To $5,000 |
| Comment by Reviewer | “LiteFinance will suit traders seeking a long-standing broker to trade forex, stocks, commodities, indices, cryptocurrencies, and newer assets like equity perpetuals. The social trading system will also suit investors looking to learn from seasoned traders, though careful risk controls are required when copy trading.” | “FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools.” |
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| Cons |
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| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies | Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $100 |
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| Payment Methods | Debit Card, Credit Card, Visa, Mastercard, Wire Transfer, Local Bank Transfer, Skrill, Neteller, PayPal, PayNow | |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | FSC | NFA, CFTC, CIRO, FCA, CySEC, ASIC, FSA, MAS, CIMA, CMA-UAE |
| Margin Trading | Yes | Yes |
| STP Account | No | Yes |
| ECN Account | Yes | Yes |
| DMA Account | Yes | Yes |
| MAM Account | No | No |
| PAMM Account | No | No |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | Yes |
| 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 |
| App Review | – | Running alongside the MT4 and Web Trader platforms, the FOREX.com app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. Additionally, it beats out MT4 when it comes to mobile charting tools, with over 80 indicators and 11 chart types, not to mention a slicker design that we love. |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | No |
| Copy Trading Platform | 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 | No |
| Trade Signals | Yes | – |
| VPS Hosting | Yes | Yes |
| Tournaments | No | No |
| Demo Competitions | Yes | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | – | $15 |
| Islamic Account | Yes | Yes |
| Account Currencies |
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| Stock Exchanges | ||
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| CFD Trading | ||
| Overview | 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 1:1000, providing significant trading opportunities. | With the ability to take both long and short positions on 5,500+ CFDs across forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com excels. Its exclusive Web Trader platform offers an excellent trading experience, equipped with over 80 technical indicators and average execution speeds of just 20 milliseconds, ensuring an optimal environment for serious day traders. |
| Leverage | 1:1000 (Crypto 1:50) | 1:400 |
| FTSE Spread | 0.8 | 1.0 |
| GBPUSD Spread | 0.8 | 1.3 |
| Oil Spread | 5.5 | 2.5 |
| Stocks Spread | Variable | 0.14 |
| Forex Trading | ||
| Overview | 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. | FOREX.com continues to uphold its stature as a premier FX broker, offering 80 currency pairs and boasting some of the most competitive fees in the industry. With EUR/USD spreads dipping as low as 0.0 and $7 commission per $100k, it stands out. |
| GBPUSD Spread | 0.8 | 1.3 |
| EURUSD Spread | 0.2 | 1.2 |
| EURGBP Spread | 0.5 | 1.4 |
| Assets | 55 | 84 |
| Cryptocurrency | ||
| Overview | LiteFinance offers a growing selection of 70+ 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. | You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades. |
| Spread | From 0.1 | BTC 1.4%, ETH 2% |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
Not available in your countryRead FOREX.com review