Moneta Markets vs LiteForex Europe

Moneta Markets vs LiteForex Europe Comparison Table 2024
Moneta Markets	LiteForex Europe
Review 4.4	Review 3.7

Moneta Markets is a regulated multi-asset broker offering an excellent suite of 1000+ short-term instruments. There are no deposit fees and the minimum deposit is accessible at $50. The account opening process is also straightforward, taking just a few minutes to sign up and start trading. More than 70,000 traders have signed up with the ASIC, FSCA and FSA-regulated brokerage.	LiteForex Europe is a CFD broker established in 2008 and authorized by the CySEC. The brokerage offers forex, commodities and indices via the MT4 and MT5 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 day traders and social trading capabilities.
Bonus Offer
50% Cashback Bonus, Free VPS
Comment by Reviewer
"Moneta Markets is a great pick for users looking to trade a wide range of markets with 1000+ instruments and high leverage up to 1:1000. Access to the powerful MT4 and MT5 platforms will also appeal to seasoned day traders."	"LiteForex is a good option for active day traders with variable spreads from 0.0 pips, daily analysis and high-quality training guides. The forex copy system also lets you duplicate the positions of experienced traders."
Pros
Traders can access ECN and STP trading accounts with competitive pricing and zero commissions on US shares Growing product portfolio for day traders with over 1000 assets, most recently fresh index CFDs Moneta Markets is a reputable broker regulated by the ASIC, FSCA and FSA Award-winning customer support is available 24/7 via multiple channels There's an easy-to-use CopyTrader app for social investors Access to top-tier charting platforms including MetaTrader 4 and MetaTrader 5 The $50 minimum deposit is very accessible for beginners Very high leverage is available up to 1:1000 for experienced investors	LiteForex has been established for 15+ years and is regulated by a trusted regulator, CySEC Fast ECN execution model with low spreads from 0.0 pips A proprietary copy trading system is available which allows you to copy other trading patterns Low $50 minimum deposit makes LiteForex accessible for beginners There's a comprehensive analytics portal by Claws&Horns, which offers video reviews, expert insights and short-term trading signals LiteForex offers a range of proprietary mobile app tools which are ideal for traders who want to analyze the markets on the go The broker offers a VPS server for experience day traders looking to run their auto strategies continuously LiteForex offers a client-oriented approach, with personal manager assigned to each trader and 24/5 multilingual customer support
Cons
You have to deposit $500 to access the best educational materials The broker's offshore regulation weakens legal safeguards for some traders The demo account expires after only one month	Fees are fairly high, with spreads starting from 2.0 pips in the Classic account and $10 forex commissions in the ECN account Cryptocurrency trading is not offered There are limited funding methods compared to other brands There is no swap-free trading account for Muslim day traders The range of day trading markets is limited compared to alternatives, with no share CFDs offered
Awards
10 Best Companies To Watch 2021 Best Forex Broker For Beginners 2021 Best Forex Broker For Professionals 2021 Most Advanced CFD Trading Platform 2020
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto	CFDs, Forex, Indices, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$50	$50
Trading Platforms
AppTrader ProTrader MT4 MT5 TradingView TradingCentral	MT4 MT5
Payment Methods
Wire Transfer, Credit Card, FasaPay, JCB, Sticpay, Crypto, local regional deposit methods	Credit Card Mastercard Neteller Perfect Money QIWI Skrill Visa Western Union
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSCA, ASIC, FSA	CySEC
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
Yes	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
No	No
Mobile Apps
iOS & Android	iOS & Android
App Review
	LiteForex’s app stands out for its simplicity, ideal for newcomers, despite the slower chart loading times we’ve observed. Its extensive range of technical analysis tools and user-friendly copy trading feature, allowing easy selection of signal providers and investment amounts with just a couple of clicks, more than compensates for any minor drawbacks, making it a comprehensive solution for aspiring traders.
Android App Rating
4.4	4.1
iOS App Rating
5	3.4
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
Moneta Markets offers copy trading on its CopyTrader app and ZuluTrade. Both solutions allow clients to hand pick and follow experienced traders with real-time performance statistics and thousands of signal providers.	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
Yes	Yes
Trade Signals
Yes	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	$10
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD NZD JPY HKD SGD BRL	USD EUR GBP CHF
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Nasdaq National Stock Exchange Of India S&P 500 Shenzhen Stock Exchange	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Cocoa Coffee Copper Cotton Gasoline Gold Natural Gas Oil Orange Juice Silver Sugar	Gold Silver
CFD Trading
Moneta Markets clients can speculate on the direction of hundreds of assets covering forex, stocks, indices, commodities, bonds, cryptos and ETFs. Fees are transparent and there are no hidden charges.	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
1:1000	1:30
FTSE Spread
13.33	0.7
GBPUSD Spread
0.56	0.3
Oil Spread
2.90	2.2
Stocks Spread
0.3	N/A
Forex Trading
Moneta Markets offers more than 45 forex pairs with higher leverage than most brokers, up to 1:1000. Spreads are also tight while the trading platforms offer advanced market analysis tools.	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
	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
0.56	0.3
EURUSD Spread
0.26	0.1
EURGBP Spread
0.36	0.7
Assets
45+	50+
Cryptocurrency
Trade dozens of popular cryptos against the USD with 1:5 leverage. Digital currencies can be traded as CFDs only - they cannot be directly bought and sold. Moneta Markets also enhanced its crypto offering in 2024 with 6 ETFs that provide exposure to digital currencies.	Crypto trading not offered
Spread
Variable
Coins
BTC BCH DSH LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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