FXCM vs LiteFinance Comparison

Last updated May 30, 2025
FXCM LogoFXCM
4.3/5
Register67-72% of retail investors lose money when trading CFDs with this broker
VS
LiteFinance LogoLiteFinance
4.1/5
Register80% of retail investors lose money when trading CFDs with this broker

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 FXCM and LiteFinance

BrokerFXCMLiteFinance
Rating
4.3/5
4.1/5
Foundation Year19992004
Regulated in CountriesUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the GrenadinesSaint Vincent and the Grenadines, Cyprus
Minimum Deposit
  • 50 USD
  • 10 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
ReviewFXCM Review LiteFinance Review

FXCM is suitable for traders of all levels. Beginners will find educational materials and helpful analytics, while experienced traders will appreciate various instruments and flexible platforms.

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.

FXCM Review

FXCM Logo
Register67-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4Trading StationTradingView
compare FXCM trading accounts

FXCM represents a comprehensive solution that will benefit traders of all levels — from beginners to professionals. Beginners will appreciate the accessible educational materials and analytics, while experienced traders can use various instruments and flexible platform settings.

However, it's essential to consider drawbacks such as fees for account inactivity and the limited variety of trading accounts. These factors may be particularly significant for traders who do not plan to trade actively or are looking for more options for customization.

The broker offers a good balance between high-quality services and reasonable rates, making it an attractive choice for a broad spectrum of traders.

Pros and Cons of FXCM

Pros

  1. Diverse methods for deposit and withdrawal.
  2. Wide range of markets and products for trading.
  3. A broad spectrum of trading platforms.
  4. Extensive and quality materials for making informed decisions.
  5. Quick and efficient help in solving emerging issues.

Cons

  1. Insufficient variety of trading accounts.
  2. Inactivity fees and commissions for bank transfer withdrawals.
  3. Protracted account opening and verification process.

LiteFinance Review

LiteFinance Logo
Register80% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5cTrader
compare LiteFinance trading accounts

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

  1. A variety of analytical tools.
  2. Extensive educational materials.
  3. 24/5 technical support.

Cons

  1. High trading fees.
  2. Lack of certain trading assets.

LiteFinance is in the top 10 of the following ratings:

Reliability

BrokerFXCMLiteFinance
Reliability
5/5
4/5
Foundation Year19992004
Regulated in CountriesUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the GrenadinesSaint Vincent and the Grenadines, Cyprus
Regulators

FXCM

FXCM is a well-regulated broker with numerous licenses from various global organizations.

LiteFinance

LiteFinance is a fairly reliable broker, regulated by authorities, ensuring safety and transparency for clients.

Pros

  1. Regulation by multiple bodies (SVG FSA, CySEC).
  2. Adherence to high standards of security and transparency.
  3. Mandatory segregation of client funds and deposit insurance.

Cons

  1. Lack of strict regulators such as FCA, ASIC, or CFTC.

Account Opening

BrokerFXCMLiteFinance
Account Opening
4/5
5/5
Minimum Deposit
  • 50 USD
  • 10 USD

FXCM

The account opening process at FXCM is logically organized and efficient, providing clear steps for traders. The structured system and quick verification make this process convenient and straightforward.

Pros

  1. Clear and structured registration form.

Cons

  1. Verification waiting time can take up to 3 days.

LiteFinance

Account opening at LiteFinance is user-friendly and straightforward, with a direct verification process.

Account Types

BrokerFXCMLiteFinance
Account Types
4/5
5/5
Trading Accounts
  • Standard
  • ECN
  • CLASSIC
  • CENT
Minimum Deposit
  • 50 USD
  • 10 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
Demo Account
Swap-free Account

FXCM

FXCM offers two types of accounts: Mini for beginners and Standard for experienced traders. Although the choice is not vast, both accounts are well adapted for their target audiences.

Pros

  1. Mini account available - akin to a cent account.
  2. Option for copy trading through ZuluTrade.
  3. Demo and Islamic accounts available.

Cons

  1. Limited selection of account types.
  2. No account with fixed spreads.

LiteFinance

LiteFinance offers a variety of account types and diverse services, capable of satisfying the needs of different categories of traders.

Commissions

BrokerFXCMLiteFinance
Commissions
3.2/5
1.5/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.22
Commission per Lot
$5

FXCM

Commissions at FXCM are average. The broker offers favorable conditions for long-term trading thanks to competitive spreads and swaps. However, there is an inactivity fee and a fee for fund withdrawal.

Pros

  1. Competitive spreads and swaps.
  2. Rebate program for active traders.

Cons

  1. Inactivity fee.
  2. Fee for withdrawals via bank transfer.

LiteFinance

Brokerage fees at LiteFinance are above average, which can impact the profitability of trading, especially for active traders.

Pros

  1. No fees for depositing and withdrawing funds.

Cons

  1. High transaction fees on ECN accounts.
  2. Spreads on standard accounts are higher than many competitors.
  3. Presence of an inactivity fee.

Deposit and Withdrawal

BrokerFXCMLiteFinance
Rating
4.5/5
5/5
Account Funding Methods
  • Skrill
  • Neteller
  • PayPal
  • Swift
  • Visa
  • Mastercard
  • Discover
  • UnionPay
  • Neteller
  • Skrill
  • Perfect Money
  • AdvCash
  • Bank Transfer
  • Swift
  • Credit and Debit Cards

FXCM

FXCM offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies.

Pros

  1. Variety of deposit methods.
  2. Fast processing of withdrawal requests.
  3. No broker commissions for depositing.

Cons

  1. Commission for withdrawals via bank transfer.

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

BrokerFXCMLiteFinance
Markets and Products
4.5/5
4.2/5
Forex4157
Precious Metals35
Energy Carriers73
Soft Commodities45
Indices1515
Stocks3512443
ETF280-
Cryptocurrency2363

FXCM

FXCM provides a wide range of trading instruments, making it attractive for various categories of traders. Different markets, from Forex to stocks and cryptocurrencies, are available.

Pros

  1. Good selection of markets and instruments.

Cons

  1. Some competitors have even more CFDs.

LiteFinance

LiteFinance offers a wide range of trading assets, although some categories are missing.

Pros

  1. Wide selection of currency pairs.
  2. Availability of CFDs on stocks, indices, and commodities.

Cons

  1. Absence of cryptocurrencies.
  2. No soft commodities.

Trading Platforms

BrokerFXCMLiteFinance
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
  • cTrader

FXCM

FXCM offers a wide choice of trading platforms with high functionality, meeting the needs of different traders.

Pros

  1. Wide choice of platforms for different trading styles.
  2. Advanced analytical tools in Trading Station.
  3. Support for algorithmic and social trading through Capitalise AI and ZuluTrade.

LiteFinance

LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.

Analytics

BrokerFXCMLiteFinance
Rating
5/5
5/5

FXCM

FXCM offers comprehensive analytical tools, from trading signals to expert research. These resources not only simplify trading decisions but also help to improve strategy.

Pros

  1. Wide range of analytical tools.
  2. Professional signals and market analysis.
  3. Personalized trading applications.

Cons

  1. Some tools may require a subscription or active account.
  2. Lack of analytics localization in different languages.

LiteFinance

LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.

Education

BrokerFXCMLiteFinance
Rating
4/5
5/5

FXCM

The broker offers quality webinars and helpful guides that make the learning process informative and interactive.

Pros

  1. Webinars with experts for direct interaction.
  2. Detailed Forex guides.
  3. Materials suitable for traders of all levels.

Cons

  1. Lack of video courses.
  2. No podcasts for audio learning.

LiteFinance

LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.

Customer Support

BrokerFXCMLiteFinance
Rating
5/5
4.8/5
Email Support
  • info@fxcmmarkets.com
  • info@fxcm.co.uk
  • info@fxcm.eu
  • support@fxcm.com.au
  • info@fxcmbullion.com
  • info@fxcm.ca
  • sales@fxcm.co.il
  • info@fxcm.za.com
  • clients@litefinance.com
  • trading@litefinance.com
Hotline Phones
  • +16462531401
  • +447520644437
Social Media

FXCM

FXCM's technical support is highly rated for its variety of communication channels and quick response. Customer reviews confirm the professionalism and efficiency of the staff.

Pros

  1. Multiple channels of communication, including WhatsApp and live chat.
  2. Available 24/5.
  3. High degree of customer satisfaction.

Cons

  1. There may be telephone charges for international calls.

LiteFinance

LiteFinance's technical support is prompt and professional in addressing issues, providing timely assistance.

Pros

  1. Multiple communication channels: email, Skype, Telegram, and phone.
  2. Support service availability 24/5.
  3. Quick response to user inquiries.

Cons

  1. Lack of 24/7 support.

Comparisons of FXCM and LiteFinance with other brokers

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.