Axi 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 Axi and LiteFinance
| Broker | Axi | LiteFinance |
|---|---|---|
| Rating | 4/5 | 4.1/5 |
| Foundation Year | 2006 | 2004 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Saint Vincent and the Grenadines, Cyprus |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Axi Review | LiteFinance Review |
Axi is suitable for beginner traders who value education and simple tools. Experienced traders not trading on MT4 may find the broker less convenient.
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.
Axi Review
Axi provides reliable and secure services in the Forex market. Thanks to regulation, extensive educational materials, and various trading tools, Axi has become an attractive choice for many traders.
However, it is crucial to consider the broker's disadvantages, such as limited choice of trading platforms, unstable quality of support, and inactivity fees. Based on this, Axi may be particularly suitable for beginners and intermediate traders looking for simple and intuitive trading tools and those who want to improve their skills and knowledge with educational materials.
Experienced traders who prefer to use other trading platforms besides MT4 may find Axi less suitable for their needs. Nevertheless, the company continues to offer stable services and competitive conditions, making it an attractive option for many traders in the Forex market.
Pros and Cons of Axi
Pros
- Axi is a licensed and regulated broker.
- An extensive set of educational resources.
- Convenient and useful trading tools.
- Variety of deposit and withdrawal methods.
Cons
- Limited choice of trading platforms.
- Demo account with limited duration.
- Inactivity fee.
Axi 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 | Axi | LiteFinance |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2006 | 2004 |
| Regulated in Countries | Saint Vincent and the Grenadines, Australia, United Arab Emirates, United Kingdom | Saint Vincent and the Grenadines, Cyprus |
| Regulators | SVGFSA SVGFSA ASIC ASIC NZ FMA NZ FMA DFSA DFSA FCA FCA | SVGFSA SVGFSA CySEC CySEC |
Axi
Axi is a reliable broker adhering to international standards, ensuring the protection of client funds.
Pros
- Regulated by leading authorities (FCA, ASIC, DFSA).
- Segregated bank accounts for fund protection.
- Strict compliance with international norms and regulations.
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 | Axi | LiteFinance |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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Axi
The account opening process at Axi is conveniently and efficiently organized.
Pros
- Intuitive process.
- Clear structure and breakdown by stages.
Cons
- Verification can take some time.
LiteFinance
Account opening at LiteFinance is user-friendly and straightforward, with a direct verification process.
Account Types
| Broker | Axi | LiteFinance |
|---|---|---|
| Account Types | 4/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Axi
The variety of accounts offered by broker Axi provides a range of options for traders.
Pros
- Wide selection of account types.
- Availability of specialized accounts.
- Options for beginners and professionals.
Cons
- No accounts with fixed spreads.
- No cent accounts.
LiteFinance
LiteFinance offers a variety of account types and diverse services, capable of satisfying the needs of different categories of traders.
Commissions
| Broker | Axi | LiteFinance |
|---|---|---|
| Commissions | 3/5 | 1.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 2 |
| Commission per Lot | $3.5 | $5 |
Axi
Axi's commissions are at an average level, not standing out in the market with high or low rates.
Pros
- Transparent commission structure.
- No fees for deposits and withdrawals.
Cons
- Inactivity fee for the account.
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 | Axi | LiteFinance |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Axi
Deposit and withdrawal processes at broker Axi are highly rated due to flexibility and convenience.
Pros
- Wide range of deposit and withdrawal methods.
- No fees for most operations.
- Fast processing of requests (1-2 days).
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 | Axi | LiteFinance |
|---|---|---|
| Markets and Products | 5/5 | 4.2/5 |
| Forex | 69 | 57 |
| Precious Metals | 8 | 5 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 3 | 5 |
| Indices | 31 | 15 |
| Stocks | 144 | 443 |
| Cryptocurrency | 35 | 63 |
Axi
Broker Axi offers a wide selection of markets and products, allowing for investment diversification.
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 | Axi | LiteFinance |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Trading Platforms |
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Axi
Broker Axi provides the popular MT4 platform, but is limited to it, which may not satisfy all traders.
LiteFinance
LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.
Analytics
| Broker | Axi | LiteFinance |
|---|---|---|
| Rating | 3/5 | 5/5 |
Axi
Axi broker's analytics are satisfactory but lack depth in analysis.
Pros
- A wide array of market analysis tools.
Cons
- Lack of in-depth analytical research.
- Shortage of expert opinions from in-house analysts.
LiteFinance
LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.
Education
| Broker | Axi | LiteFinance |
|---|---|---|
| Rating | 4/5 | 5/5 |
Axi
Axi's educational materials offer diverse and high-quality content.
Pros
- A broad range of educational resources.
- Covers different levels of trader experience.
Cons
- Lack of personalized training.
- All materials are in English.
LiteFinance
LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.
Customer Support
| Broker | Axi | LiteFinance |
|---|---|---|
| Rating | 3/5 | 4.8/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
Instagram
Twitter
Telegram
LinkedIn
TikTok
SkypeAxi
Axi's broker support shows mixed results.
Pros
- Variety of communication channels.
- 24/7 availability.
Cons
- Variable quality of service.
- There are negative reviews about the speed and efficiency 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.
