LiteForex Investments vs XTB

LiteFinance vs XTB Comparison Table 2024
LiteFinance XTB
4
4.8
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.

Founded in 2002 in Poland, XTB now serves more than 935,000 clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of 5,800+ assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders.

77% of retail accounts lose money.
Customer Reviews
4.5
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." "XTB stands out as a top choice for new day traders with the terrific xStation platform, commission-free pricing, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the 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
  • With over 5,800 instruments across forex, stocks, indices, ETFs, commodities, and cryptocurrencies, including CFDs, share dealing and more recently Investment Plans, XTB caters to both short-term traders and longer-term investors.
  • The xStation platform continues to impress with its user-friendly interface and intuitive features, including customizable news feeds, sentiment heatmaps, and trader calculator, reducing the learning curve for newer traders.
  • With an excellent range of educational materials, including training videos and articles integrated into the platform, XTB supports traders at all levels.
  • XTB has started offering interest on uninvested balances (up to 5% on $30K+) with lower requirements than brokers like eToro (up to 5% on $50K+).
  • Opening an XTB account is a hassle-free, entirely online process that takes just a few minutes, making the entry into day trading smooth for new traders.
  • First-class 24/5 customer support is available, including a friendly live chat with response times of under two minutes during testing.
  • XTB offers fast withdrawals with same-day payments if requested before 1 pm, ensuring day traders have quick access to their funds.
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
  • XTB does not offer a raw spread account, which is becoming increasingly common among competitors like Pepperstone, and may disappoint day traders looking for the tightest spreads.
  • The demo account expires after just four weeks, a serious limitation for traders who wish to thoroughly test the xStation platform and practice short-term strategies before committing real funds.
  • XTB discontinued support for MT4, limiting traders to its proprietary platform, xStation, potentially deterring advanced day traders familiar with the MetaTrader suite.
  • Trading fees are competitive with average spreads of around 1 pip on the EUR/USD but still trail the cheapest brokers like IC Markets, plus there's an inactivity fee after 12 months.
  • The research tools at XTB are good but could be great if they went beyond in-house features with access to leading third-party tools such as Autochartist, Trading Central and TipRanks.
  • Not being able to adjust the default leverage level of XTB products is frustrating, as manual adjustment can significantly mitigate trade risk, especially in forex and CFD trading.
Awards
  • Best Forex Broker for Beginners 2022
  • Best Customer Service 2021
  • Best Forex Broker for Low Costs 2021
  • Best Mobile App for Investing 2020
  • #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018
  • Best Polish Forex Broker 2019
  • Best Execution Broker 2019
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Trading Platforms
  • MT4
  • MT5
  • xStation
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC FCA, CySEC, KNF, CNMV, DFSA, FSC
Margin Trading
Yes Yes
Margin Rate
4.5%
STP Account
No Yes
ECN Account
Yes No
DMA Account
Yes 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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
App Review

Year after year XTB’s app stands out for its slick design and uncluttered interface that we love. It’s quick, responsive and packed with useful features, notably integrated sentiment data, market news, economic calendars and education. The user-friendly order panel underneath the trading chart also makes placing trades, including adding take profit and stop loss levels, really straightforward.

Android App Rating
4.3
iOS App Rating
4.7
Auto Trading
Expert Advisors (EAs) on MetaTrader Open API
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 Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • HUF
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. XTB offers a huge selection of more than 2,100 CFDs spanning forex, indices, commodities, stocks, ETFs, and cryptos (location-dependant). Leverage up to 1:30 is available in the EU and UK, while global clients and pro traders can access up to 1:500. XTB stands out for its CFD trading resources and tutorials to assist traders in developing short-term trading strategies.
Leverage
1:500 (Crypto 1:50) 1:30 (EU) 1:500 (Global)
FTSE Spread
0.8 1.8
GBPUSD Spread
0.8 0.1
Oil Spread
5.5 0.03
Stocks Spread
Variable 0.2%
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. XTB provides access to 55+ currency pairs with low spreads averaging around 1 pip on majors. The xStation platform offers an intuitive environment for forex traders with an excellent charting package encompassing 30+ indicators, plus a range of order types, catering to various strategies and risk management techniques.
Forex App

With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.

GBPUSD Spread
0.8 0.1
EURUSD Spread
0.2 0.2
EURGBP Spread
0.5 0.1
Assets
55 55+
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. XTB offers an excellent selection of cryptos with more than 50 digital currencies. Spreads are tight starting from 0.22% on BTC and leverage reaches 1:5. The xStation platform also provides intra-crypto pairs like ETH/BTC and DSH/BTC. With the capability to trade cryptos 24/7, XTB ensures a secure environment with transparent accounts for cryptocurrency day trading.
Spread
From 0.1 0.22%
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
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
77% of retail accounts lose money.
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