Moomoo vs LiteForex Europe
Moomoo | LiteForex Europe |
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3.8
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3.7
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Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses. |
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. |
Customer Reviews | |
3.5
Based on 2 Moomoo customer reviews
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Comment by Reviewer | |
"Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees." | "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 | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Options, ETFs, ADRs, OTCs | CFDs, Forex, Indices, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $50 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0 | 0.01 Lots |
Regulator | |
SEC, FINRA, MAS, ASIC, SFC | CySEC |
Margin Trading | |
Yes | Yes |
Margin Rate | |
6.8 | |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | 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 | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
Yes (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. |
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Android App Rating | |
3.3 |
4.1 |
iOS App Rating | |
4.6 |
3.4 |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
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 | |
No | Yes |
Trade Signals | |
None | Yes |
VPS Hosting | |
No | 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 | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | 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 | |
1:2 | 1:30 |
FTSE Spread | |
0.7 | |
GBPUSD Spread | |
0.3 | |
Oil Spread | |
2.2 | |
Stocks Spread | |
$0 per trade | N/A |
Forex Trading | |
Forex trading not offered | 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. |
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GBPUSD Spread | |
0.3 | |
EURUSD Spread | |
0.1 | |
EURGBP Spread | |
0.7 | |
Assets | |
50+ | |
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