Alpari 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 Alpari and LiteFinance
| Broker | Alpari | LiteFinance |
|---|---|---|
| Rating | 4.1/5 | 4.1/5 |
| Foundation Year | 1998 | 2004 |
| Regulated in Countries | Comoros, Belarus | Saint Vincent and the Grenadines, Cyprus |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | LiteFinance Review |
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
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.
Alpari Review
Alpari has established itself as a stable and reliable broker, providing its services on Forex for over 20 years. The broker is widely popular among professional traders due to its wide range of trading accounts and instruments and convenient and practical services for investing—PAMM accounts and portfolios. Beginning traders will find quality support, training courses, and favorable trading conditions at Alpari.
Overall, Alpari is an excellent choice for beginners and professional traders.
Pros and Cons of Alpari
Pros
- A wide range of trading accounts.
- Flexible conditions for depositing and withdrawing funds.
- Diversity of trading platforms.
Cons
- Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
- Fees for fund withdrawal and inactivity charges.
- Limited choice in terms of different asset classes.
Alpari 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 | Alpari | LiteFinance |
|---|---|---|
| Reliability | 4/5 | 4/5 |
| Foundation Year | 1998 | 2004 |
| Regulated in Countries | Comoros, Belarus | Saint Vincent and the Grenadines, Cyprus |
| Regulators | MISA MISA НБ РБ НБ РБ | SVGFSA SVGFSA CySEC CySEC |
Alpari
Alpari is regulated in the Comoros Islands and Belarus, providing a certain degree of client protection. However, Comorian licensing does not offer the same level of investor protection as countries with stricter regulatory bodies.
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 | Alpari | LiteFinance |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
LiteFinance
Account opening at LiteFinance is user-friendly and straightforward, with a direct verification process.
Account Types
| Broker | Alpari | LiteFinance |
|---|---|---|
| Account Types | 4.8/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Alpari
Alpari offers a wide selection of trading accounts that should meet the needs of most traders and investors.
Pros
- ECN and cent accounts available
- PAMM accounts and copy trading options
- Binary options trading accessible
Cons
- No fixed spread accounts available
LiteFinance
LiteFinance offers a variety of account types and diverse services, capable of satisfying the needs of different categories of traders.
Commissions
| Broker | Alpari | LiteFinance |
|---|---|---|
| Commissions | 3.2/5 | 1.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.7 | 2 |
| Commission per Lot | $2.70 | $5 |
Alpari
Alpari offers average trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.
Pros
- Low transaction fee for ECN accounts
- Loyalty program (CashBack)
Cons
- Spreads slightly above market average
- Inactivity fee for accounts
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 | Alpari | LiteFinance |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Alpari
Alpari offers very flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.
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 | Alpari | LiteFinance |
|---|---|---|
| Markets and Products | 4.5/5 | 4.2/5 |
| Forex | 46 | 57 |
| Precious Metals | 2 | 5 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 15 |
| Stocks | 631 | 443 |
| Cryptocurrency | 9 | 63 |
| Soft Commodities | - | 5 |
Alpari
The overall selection of assets available for trading with Alpari broker offers a diverse range that can satisfy the needs of most traders. However, there is no option to trade CFDs on exchange commodities.
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 | Alpari | LiteFinance |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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Alpari
Alpari offers a wide range of trading platforms that will undoubtedly meet the needs of most traders. The terminals provide traders with a full set of tools and resources necessary for effective trading.
LiteFinance
LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.
Analytics
| Broker | Alpari | LiteFinance |
|---|---|---|
| Rating | 3/5 | 5/5 |
Alpari
Alpari provides daily expert market analysis, offering valuable insights for traders.
Pros
- In-depth daily reports.
- Expert analysis on market events.
Cons
- Limited range of analytical tools.
- Lack of real-time signals.
LiteFinance
LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.
Education
| Broker | Alpari | LiteFinance |
|---|---|---|
| Rating | 2/5 | 5/5 |
Alpari
No educational materials in English.
LiteFinance
LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.
Customer Support
| Broker | Alpari | LiteFinance |
|---|---|---|
| Rating | 3/5 | 4.8/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
Дзен
SkypeAlpari
Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.
Pros
- Multiple contact methods.
- International phone support.
Cons
- No clear support hours.
- Mixed client reviews.
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.
