LiteForex Investments vs FXTM

LiteFinance vs FXTM Comparison Table 2023
LiteFinance FXTM
4
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ day trading markets and three account types, they cater to all levels of trader.

Bonus Offer
Rebate on payment fees 30% up to $100 via Exinity Ltd
Comment by Reviewer
"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." "FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the powerful MetaTrader 4 platform."
Pros
  • Great trading platform support with MT4, MT5 and a proprietary app
  • Decent suite of extra tools and features including a VPS
  • Fast and reliable customer support based on testing
  • High leverage available up to 1:500
  • Low starting deposit of $50
  • Automated trading via APIs
  • Good range of forex pairs
  • Social trading service
  • Beginners can access a good range of free educational materials and short-term market insights
  • Customer support is available in 30+ languages
  • Negative balance protection is available to clients registering with the EU and UK entities
  • The broker has a strong reputation with multiple industry awards and oversight from top-tier regulators
  • FXTM offers free VPS hosting for active day traders looking for 24/7 uninterrupted connection
Cons
  • Not overseen by any top-tier regulator
  • Some complaints online about difficulties withdrawing funds
  • Wide spreads on the Classic account
  • Does not accept US traders
  • It's a shame that ETFs and Bond products are not available, and the selection of stocks is not extensive
  • Spreads are mediocre in the commission-free accounts, with typical EUR/USD spreads around 1.9 pips
  • There are limited e-wallet payment options compared to alternatives
  • Withdrawal fees apply, including a 30 EUR fee on bank wire withdrawals
Awards
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, Indices, Commodities, Stocks
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Trading Platforms
  • MT4
  • MT5
  • FXTM App
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC CySEC, FCA, FSCA, FSC
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No Yes
PAMM Account
No Yes
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 Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
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. FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more.
Social Trading
Yes Yes
Trade Signals
Yes 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
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
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. FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities.
Leverage
1:500 (Crypto 1:50) 1:2000
FTSE Spread
0.8 1.3
GBPUSD Spread
0.8 0.2
Oil Spread
5.5 5.0
Stocks Spread
Variable 0.1
Forex Trading
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. FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips.
Forex App

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

GBPUSD Spread
0.8 0.2
EURUSD Spread
0.2 0.1
EURGBP Spread
0.5 0.6
Assets
55 50+
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • AUD
  • NZD
Cryptocurrency
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. Crypto trading not offered
Spread
From 0.1 Variable
Coins
  • AAV
  • ADA
  • ALG
  • ALI
  • ATO
  • AVX
  • AXS
  • BCH
  • BNB
  • BTC
  • BTG
  • COM
  • DGE
  • DOT
  • DSH
  • ENJ
  • EOS
  • ETH
  • FIL
  • ICP
  • ILV
  • ITA
  • KAV
  • LNK
  • LTC
  • LUN
  • MKR
  • MNA
  • MTC
  • NEA
  • NEO
  • OMG
  • QTM
  • SIA
  • SND
  • SOL
  • STX
  • THT
  • TRX
  • UNI
  • VET
  • XLM
  • XMR
  • XRP
  • XTZ
  • YFI
  • YGG
  • ZEC
  • ZIL
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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