LiteFinance vs Orbex 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 LiteFinance and Orbex
| Broker | LiteFinance | Orbex |
|---|---|---|
| Rating | 4.1/5 | 3.6/5 |
| Foundation Year | 2004 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | Mauritius, Seychelles, Saint Vincent and the Grenadines |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | LiteFinance Review | Orbex Review |
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.
Broker Orbex is suitable for novice traders due to educational materials and for experienced investors seeking a variety of markets.
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:
Orbex Review
Broker Orbex offers various trading instruments, account types, and extensive analytical and educational materials. These factors make it an attractive choice for novice traders seeking educational resources and experienced investors who require access to various markets.
Orbex can be a good choice for those looking for diversity in trading opportunities and value educational resources.
Pros and Cons of Orbex
Pros
- Extensive educational materials.
- Analytical reviews and forecasts from experienced analysts.
- Availability of PAMM accounts.
- A wide range of trading assets.
Cons
- Lack of stringent regulation.
- Above-average commissions.
- Mixed reviews about customer support.
Reliability
| Broker | LiteFinance | Orbex |
|---|---|---|
| Reliability | 4/5 | 3/5 |
| Foundation Year | 2004 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | Mauritius, Seychelles, Saint Vincent and the Grenadines |
| Regulators | SVGFSA SVGFSA CySEC CySEC | FSC FSC SFSA SFSA SVGFSA SVGFSA |
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.
Orbex
Orbex is regulated by the FSA and FSC, but the absence of oversight by strict regulators may raise trust issues.
Pros
- Presence in the international market.
Cons
- Lack of oversight by strict Forex broker regulators.
Account Opening
| Broker | LiteFinance | Orbex |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
|
|
LiteFinance
Account opening at LiteFinance is user-friendly and straightforward, with a direct verification process.
Orbex
Opening an account with Orbex is simple and structured, but requires attention to detail.
Pros
- Easy online registration process.
- Fast verification if documents are in English.
Cons
- Requirement for detailed profile completion.
- Necessity to upload several documents.
Account Types
| Broker | LiteFinance | Orbex |
|---|---|---|
| Account Types | 5/5 | 3.8/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
LiteFinance
LiteFinance offers a variety of account types and diverse services, capable of satisfying the needs of different categories of traders.
Orbex
Orbex offers a variety of accounts that satisfy most traders.
Pros
- Wide selection of accounts for different levels of experience.
- Additional options such as VPS and PAMM accounts.
- Opportunity to trade without swaps.
Cons
- Absence of cent accounts.
- No accounts with fixed spreads.
Commissions
| Broker | LiteFinance | Orbex |
|---|---|---|
| Commissions | 1.5/5 | 1.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 2 | 1.5 |
| Commission per Lot | $5 | $4 |
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.
Orbex
Orbex's commissions are higher than the market average.
Pros
- No commissions for depositing or withdrawing funds.
Cons
- High transaction commission on Premium accounts.
- Above-average swap costs.
- Inactivity fee.
Deposit and Withdrawal
| Broker | LiteFinance | Orbex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
|
|
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.
Orbex
Orbex offers convenient and fast methods for depositing and withdrawing without commissions.
Pros
- Wide selection of methods.
- No commissions.
- Fast processing of most operations.
Markets and Products
| Broker | LiteFinance | Orbex |
|---|---|---|
| Markets and Products | 4.2/5 | 5/5 |
| Forex | 57 | 36 |
| Precious Metals | 5 | 4 |
| Energy Carriers | 3 | 1 |
| Soft Commodities | 5 | 3 |
| Indices | 15 | 5 |
| Stocks | 443 | 146 |
| Cryptocurrency | 63 | 11 |
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.
Orbex
Orbex offers a variety of markets and products with flexible leverage.
Trading Platforms
| Broker | LiteFinance | Orbex |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
|
|
LiteFinance
LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.
Orbex
Orbex offers MT4 and MT5, providing good functionality and accessibility.
Pros
- Availability of MT4 and MT5.
- Accessibility on different devices.
- Wide range of functionalities.
Cons
- Lack of WebTrader versions.
- No alternative to MetaTrader.
Analytics
| Broker | LiteFinance | Orbex |
|---|---|---|
| Rating | 5/5 | 5/5 |
LiteFinance
LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.
Orbex
Orbex offers high-quality analytics with extensive tools and expert reports.
Pros
- Comprehensive market analysis.
- Use of AI and algorithms.
- Live streams and expert reports.
Education
| Broker | LiteFinance | Orbex |
|---|---|---|
| Rating | 5/5 | 4/5 |
LiteFinance
LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.
Orbex
Orbex offers a variety of educational materials, including webinars and books.
Pros
- Webinars and seminars in different languages.
- Free e-books.
- Video tutorials on working with MT4.
Cons
- No personalized training.
Customer Support
| Broker | LiteFinance | Orbex |
|---|---|---|
| Rating | 4.8/5 | 3/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Skype
Telegram
Facebook
Twitter
LinkedIn
YouTube
Instagram
TikTok
Pinterest
Google NewsLiteFinance
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.
Orbex
Orbex's customer support has mixed reviews.
Pros
- 24/7 operation.
- A variety of communication channels.
- Quick response in some cases.
Cons
- Variable quality of service.
