Admirals vs LiteFinance Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Admirals and LiteFinance
| Broker | Admirals | LiteFinance |
|---|---|---|
| Rating | 4.3/5 | 4.1/5 |
| Foundation Year | 2001 | 2004 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Saint Vincent and the Grenadines, Cyprus |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Admirals Review | LiteFinance Review |
Admirals is suitable for short-term traders looking for a large selection of instruments and a good educational program.
LiteFinance is ideally suited for beginner traders, thanks to training and demo accounts. Experienced traders may appreciate the analytics but face platform and asset selection limitations.
Admirals Review
The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.
Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.
Pros and Cons of Admirals
Pros
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
Admirals is in the top 10 of the following ratings:
LiteFinance Review
LiteFinance is a broker that actively invests in analytical and educational resources, providing its clients access to the economic calendar, daily forecasts, and analytics from Claws&Horns. These resources can significantly assist traders in developing their trading skills and strategies. The 24/7 technical support ensures that help is always on hand when needed, which is especially valuable for beginners and those who trade in various markets worldwide.
LiteFinance will be most suitable for beginner and intermediate-level traders who can make the most of the educational and analytical resources offered. It will also suit those who prefer to use standard trading platforms and do not plan to trade cryptocurrencies or soft commodities actively.
Pros and Cons of LiteFinance
Pros
- A variety of analytical tools.
- Extensive educational materials.
- 24/5 technical support.
Cons
- High trading fees.
- Lack of certain trading assets.
LiteFinance is in the top 10 of the following ratings:
Reliability
| Broker | Admirals | LiteFinance |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2001 | 2004 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Saint Vincent and the Grenadines, Cyprus |
| Regulators | CySEC CySEC JSC JSC FCA FCA EFSA EFSA ASIC ASIC FSCA FSCA CMA CMA SFSA SFSA | SVGFSA SVGFSA CySEC CySEC |
Admirals
Admirals showcases high reliability, bolstered by strict regulation and an excellent policy for the protection of client funds.
LiteFinance
LiteFinance is a fairly reliable broker, regulated by authorities, ensuring safety and transparency for clients.
Pros
- Regulation by multiple bodies (SVG FSA, CySEC).
- Adherence to high standards of security and transparency.
- Mandatory segregation of client funds and deposit insurance.
Cons
- Lack of strict regulators such as FCA, ASIC, or CFTC.
Account Opening
| Broker | Admirals | LiteFinance |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Admirals
Account opening with Admirals is simple, quick, and convenient, making the process accessible for traders of different levels.
LiteFinance
Account opening at LiteFinance is user-friendly and straightforward, with a direct verification process.
Account Types
| Broker | Admirals | LiteFinance |
|---|---|---|
| Account Types | 3.3/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Admirals
Admirals offers a variety of account types to meet the needs of most traders but lacks some specific options.
Pros
- A wide selection of accounts for different trading styles.
- A demo account to test strategies risk-free.
- Provision of Islamic accounts for religious traders.
Cons
- Lack of cent accounts.
- No accounts with fixed spreads.
- There are no additional services such as copying trades or PAMM accounts.
LiteFinance
LiteFinance offers a variety of account types and diverse services, capable of satisfying the needs of different categories of traders.
Commissions
| Broker | Admirals | LiteFinance |
|---|---|---|
| Commissions | 3.2/5 | 1.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.6 | 2 |
| Commission per Lot | $3 | $5 |
Admirals
Admirals' brokerage fees are average but offer benefits, especially for active traders.
Pros
- Narrow spreads.
- One free withdrawal per month.
- Cashback for trading activity.
Cons
- Inactivity fee.
- High swaps.
LiteFinance
Brokerage fees at LiteFinance are above average, which can impact the profitability of trading, especially for active traders.
Pros
- No fees for depositing and withdrawing funds.
Cons
- High transaction fees on ECN accounts.
- Spreads on standard accounts are higher than many competitors.
- Presence of an inactivity fee.
Deposit and Withdrawal
| Broker | Admirals | LiteFinance |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
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Admirals
Admirals offers convenient and economical ways to deposit and withdraw funds with various methods, including cryptocurrencies.
Pros
- A broad range of available deposit and withdrawal methods.
- No commission in most cases.
- The possibility to use cryptocurrencies for transactions.
Cons
- Bank transfer fee for deposits under 1000 USD or EUR.
- Fee for multiple withdrawals within a single month.
LiteFinance
LiteFinance offers its clients a wide range of convenient and secure methods for depositing and withdrawing funds, including e-wallets, bank transfers, and cryptocurrencies.
Markets and Products
| Broker | Admirals | LiteFinance |
|---|---|---|
| Markets and Products | 5/5 | 4.2/5 |
| Forex | 82 | 57 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 7 | 5 |
| Indices | 43 | 15 |
| Stocks | 3428 | 443 |
| ETF | 362 | - |
| Bonds | 2 | - |
| Cryptocurrency | 21 | 63 |
Admirals
Admirals provides a wide selection of instruments for trading and investing.
LiteFinance
LiteFinance offers a wide range of trading assets, although some categories are missing.
Pros
- Wide selection of currency pairs.
- Availability of CFDs on stocks, indices, and commodities.
Cons
- Absence of cryptocurrencies.
- No soft commodities.
Trading Platforms
| Broker | Admirals | LiteFinance |
|---|---|---|
| Rating | 4.7/5 | 5/5 |
| Trading Platforms |
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Admirals
Admirals offers time-tested and reliable platforms MT4 and MT5 and a functional mobile app for trading on the go.
Pros
- Access to a wide range of features through MT4 and MT5.
- Convenient mobile app for trading anytime and anywhere.
- Intuitive and user-friendly interfaces.
Cons
- Lack of additional unique or innovative platforms.
LiteFinance
LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.
Analytics
| Broker | Admirals | LiteFinance |
|---|---|---|
| Rating | 5/5 | 5/5 |
Admirals
The broker offers an extensive set of analytical tools and materials.
LiteFinance
LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.
Education
| Broker | Admirals | LiteFinance |
|---|---|---|
| Rating | 5/5 | 5/5 |
Admirals
The broker provides various educational materials, including webinars, seminars, articles, and guides.
LiteFinance
LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.
Customer Support
| Broker | Admirals | LiteFinance |
|---|---|---|
| Rating | 3.5/5 | 4.8/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
SkypeAdmirals
Admirals' technical support is characterized by quick response and multiple communication channels, but the website lacks a support schedule, and user reviews on various resources indicate intrusiveness of support.
LiteFinance
LiteFinance's technical support is prompt and professional in addressing issues, providing timely assistance.
Pros
- Multiple communication channels: email, Skype, Telegram, and phone.
- Support service availability 24/5.
- Quick response to user inquiries.
Cons
- Lack of 24/7 support.
