LiteFinance vs Trading.com 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 Trading.com
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Rating | 4.1/5 | 4.1/5 |
| Foundation Year | 2004 | 2017 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | United Kingdom, United States |
| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:1000 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | LiteFinance Review | Trading.com 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 Trading.com suits traders looking for low commissions and a convenient platform. Beginner traders may lack analytics and educational materials.
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:
Trading.com Review
Trading.com is an attractive choice for traders due to its low commission policy, which makes trading more affordable. Using the MetaTrader 5 platform satisfies traders' needs for modern trading tools and functionality. Additionally, the broker supports various deposit and withdrawal methods without additional commissions, which is convenient for clients from different countries.
Trading.com is suitable for experienced traders who do not depend on the broker's training materials and analytics and who are looking for low-cost trading in a wide range of traditional financial instruments.
Pros and Cons of Trading.com
Pros
- Low trading fees.
- Multiple deposit and withdrawal methods.
- Quality technical support.
Cons
- Limited educational materials.
- Sparse analytics.
Reliability
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 2004 | 2017 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | United Kingdom, United States |
| Regulators | SVGFSA SVGFSA CySEC CySEC | FCA FCA NFA NFA CFTC CFTC |
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.
Trading.com
Broker Trading.com is reliable, as it is regulated by strict authorities in the UK and the US, ensuring the security of client funds.
Account Opening
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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LiteFinance
Account opening at LiteFinance is user-friendly and straightforward, with a direct verification process.
Trading.com
Account opening at Trading.com is fast and convenient.
Account Types
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Account Types | 5/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:1000 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| 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.
Trading.com
Trading.com offers several accounts that satisfy most traders.
Pros
- Variety of account types.
- Minimum deposit of $5.
- Protection against negative balance.
Cons
- Lack of ECN accounts.
- No fixed spread accounts.
- No accounts for passive investing.
Commissions
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Commissions | 1.5/5 | 4.5/5 |
| Spread | from 0 points | from 0.6 points |
| Average Spread (EURUSD) | 2 | 0.7 |
| Commission per Lot | $5 |
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.
Trading.com
Trading.com offers low commissions.
Pros
- No commission on trades.
- Tight spreads.
- No swap fees for major currency pairs.
Cons
- Inactivity fee.
Deposit and Withdrawal
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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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.
Trading.com
Trading.com offers convenient and cost-effective deposit and withdrawal methods.
Pros
- No fees for deposit and withdrawal.
- Fast processing of withdrawal requests.
- Multiple available methods.
Cons
- Lack of cryptocurrencies as a payment method.
Markets and Products
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Markets and Products | 4.2/5 | 4/5 |
| Forex | 57 | 55 |
| Precious Metals | 5 | 2 |
| Energy Carriers | 3 | 5 |
| Soft Commodities | 5 | 8 |
| Indices | 15 | 14 |
| Stocks | 443 | 1261 |
| Cryptocurrency | 63 | - |
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.com
Trading.com offers a diverse range of markets and products.
Pros
- Wide selection of stocks and currency pairs.
- Access to various global markets.
Cons
- Lack of cryptocurrencies.
- Low leverage (max. 1:30).
Trading Platforms
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
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LiteFinance
LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.
Trading.com
Trading.com utilizes the reliable MT5 platform.
Pros
- Integration with robots and advisors.
- One-click trading, without requotes.
- Wide range of assets and analytical tools.
Cons
- Limited choice of platforms (only MT5).
Analytics
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Rating | 5/5 | 3/5 |
LiteFinance
LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.
Trading.com
The analytical material set on Trading.com is not impressive.
Pros
- A variety of instruments for American traders.
- Technical analysis and trading signals.
Cons
- Limited set of instruments for the UK.
- Lack of materials for beginners.
Education
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Rating | 5/5 | 2/5 |
LiteFinance
LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.
Trading.com
The educational materials on Trading.com are sparse and limited, especially for European clients.
Pros
- Availability of video tutorials.
- Guides for traders of different levels.
Cons
- No materials for European clients.
- Insufficient variety.
- Lack of webinars and podcasts.
Customer Support
| Broker | LiteFinance | Trading.com |
|---|---|---|
| Rating | 4.8/5 | 4.3/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Skype
Telegram
LinkedIn
Twitter
Facebook
Instagram
YouTubeLiteFinance
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.
Trading.com
Trading.com's technical support operates 24/5 and offers multiple communication channels.
Pros
- Operates 24/5.
- Fast and competent responses.
- Multiple communication channels.
Cons
- Lack of messengers for quick communication.
