LiteForex Investments vs LCG
LiteFinance | LCG |
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4
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2.8
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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. |
London Capital Group was established in 1996 and is regulated by the FCA and CySEC. Today the firm is a popular CFD and spread betting provider, with $20+ trillion in executed trading volume, 24/5 customer support, and a number of industry awards. |
Bonus Offer | |
Rebate on payment fees | |
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." | "LCG will appeal to traders looking for wide market coverage with 7000+ instruments spanning 9 asset classes. The around-the-clock customer support will also appeal to new traders." |
Pros | |
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Cons | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | CFDs, Forex, Stocks, Futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | Lots vary by asset |
Regulator | |
CySEC | FCA |
Margin Trading | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
Yes | No |
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 | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | |
Auto Trading | |
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 | No |
Tournaments | |
No | No |
Demo Competitions | |
Yes | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | No |
Account Currencies | |
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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. | Trade thousands of CFDs on reliable trading software. Leverage up to 1:30 is available in line with regulatory restrictions. Beginners can also utilize the firm's training videos. |
Leverage | |
1:500 (Crypto 1:50) | 1:30 |
FTSE Spread | |
0.8 | 1 pt |
GBPUSD Spread | |
0.8 | 0.5 pips |
Oil Spread | |
5.5 | 3 pips (Variable) |
Stocks Spread | |
Variable | 0.3% Var |
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. | LCG offers 60+ major, minor and exotic currency pairs on MT4 or LCG Trader. Leverage is available up to 1:30 with average spreads of 1.5 pips on key currency pairs. |
GBPUSD Spread | |
0.8 | 0.5 pips |
EURUSD Spread | |
0.2 | 0.3 pips |
EURGBP Spread | |
0.5 | 0.4 pips |
Assets | |
55 | 60+ |
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 | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
LiteFinance vs |
LCG vs |