LiteFinance vs Vantage 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 Vantage
| Broker | LiteFinance | Vantage |
|---|---|---|
| Rating | 4.1/5 | 4.5/5 |
| Foundation Year | 2004 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | LiteFinance Review | Vantage 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 Vantage is suitable for intermediate and advanced traders looking for diversity in instruments and platforms.
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:
Vantage Review
Vantage broker offers various trading instruments and platforms, making it attractive for multiple traders. The availability of extensive analytical tools and educational materials can benefit novice traders looking to deepen their knowledge.
Vantage could be a good choice for intermediate and advanced traders seeking a variety of trading instruments and platforms.
Pros and Cons of Vantage
Pros
- Wide range of trading assets.
- Diversity of trading platforms.
- Free VPS.
- Extensive analytical tools.
Cons
- There are complaints about the quality of technical support in the reviews.
Vantage is in the top 10 of the following ratings:
Reliability
| Broker | LiteFinance | Vantage |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 2004 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Regulators | SVGFSA SVGFSA CySEC CySEC | VFSC VFSC CIMA CIMA ASIC ASIC FCA FCA FSCA FSCA |
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.
Vantage
Vantage broker demonstrates high reliability due to strict regulation in different jurisdictions.
Account Opening
| Broker | LiteFinance | Vantage |
|---|---|---|
| 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.
Vantage
Opening an account with Vantage is quite simple and fast, with clear steps for registration and verification.
Pros
- Simple and fast registration.
- Clear verification requirements.
- Flexible options for minimum deposit.
Account Types
| Broker | LiteFinance | Vantage |
|---|---|---|
| Account Types | 5/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| 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.
Vantage
Vantage offers a variety of accounts, satisfying most traders.
Pros
- Sufficient choice of accounts, including ECN.
- Copy-trading and social trading capabilities.
- Loyalty program for active traders.
Cons
- Lack of cent accounts.
- No accounts with fixed spreads.
Commissions
| Broker | LiteFinance | Vantage |
|---|---|---|
| Commissions | 1.5/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 2 | 1.4 |
| Commission per Lot | $5 | $3 |
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.
Vantage
Vantage's commissions are average in the market with competitive spreads and swaps.
Pros
- No inactivity fee.
- No internal commissions for deposits/withdrawals.
Deposit and Withdrawal
| Broker | LiteFinance | Vantage |
|---|---|---|
| Rating | 5/5 | 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.
Vantage
Vantage offers flexible funding and withdrawal methods with low commissions, but with some restrictions.
Pros
- Variety of currencies and methods.
- No internal commissions.
- Fast withdrawal process.
Cons
- Restrictions for some countries.
Markets and Products
| Broker | LiteFinance | Vantage |
|---|---|---|
| Markets and Products | 4.2/5 | 4.6/5 |
| Forex | 57 | 35 |
| Precious Metals | 5 | 3 |
| Energy Carriers | 3 | 2 |
| Soft Commodities | 5 | 3 |
| Indices | 15 | 8 |
| Stocks | 443 | 51 |
| Cryptocurrency | 63 | - |
| ETF | - | 5 |
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.
Vantage
Vantage offers a variety of markets with flexible leverage, but without cryptocurrencies.
Pros
- Wide selection of instruments.
- High leverage up to 1:1000.
- Availability of ETFs and stock CFDs.
Cons
- No cryptocurrencies.
Trading Platforms
| Broker | LiteFinance | Vantage |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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LiteFinance
LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.
Vantage
Vantage offers a variety of functional trading platforms, meeting the needs of most traders.
Pros
- Wide range of platforms.
- Powerful tools for analysis and trading.
- Convenient mobile application.
Analytics
| Broker | LiteFinance | Vantage |
|---|---|---|
| Rating | 5/5 | 5/5 |
LiteFinance
LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.
Vantage
Vantage's analytics provide a wide range of tools suitable for different trading styles.
Pros
- Diversity of tools and services.
- Partnership with Trading Central for signals.
- Integration with MT4 and MT5 through Smart Trader Tools.
Education
| Broker | LiteFinance | Vantage |
|---|---|---|
| Rating | 5/5 | 4/5 |
LiteFinance
LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.
Vantage
Vantage's educational materials are diverse and high-quality.
Pros
- Wide range of materials (webinars, articles).
- Suitable for all levels.
- Relevant topics and analytics.
Cons
- Lack of video tutorials and podcasts.
- No personalized training.
Customer Support
| Broker | LiteFinance | Vantage |
|---|---|---|
| Rating | 4.8/5 | 3/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Skype
Telegram
Facebook
Instagram
Twitter
LinkedIn
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.
Vantage
Vantage's support offers various communication channels, but the service quality is inconsistent.
Pros
- Multiple communication channels.
- Remote support via TeamViewer.
- 24/7 availability.
Cons
- Variable service quality.
- Negative reviews about speed and efficiency.
