LiteFinance vs World Forex Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - LiteFinance or World Forex?
Our pick: LiteFinance
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - LiteFinance looks preferable to World Forex.
LiteFinance scored 4.1/5 and ranks 39 in our all Forex brokers list, whereas World Forex has 4/5 and ranks 48.
This is not financial advice. See the full comparison below.
Who is LiteFinance suitable for?
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.
Who is World Forex suitable for?
World Forex is suitable for beginners and experienced traders thanks to narrow spreads and a wide selection of trading accounts.
Comparison Table of LiteFinance and World Forex
| Broker | LiteFinance | World Forex |
|---|---|---|
| Rating | 4.1/5 | 4/5 |
| Foundation Year | 2004 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | Saint Vincent and the Grenadines, Vanuatu |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | LiteFinance Review | World Forex Review |
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:
World Forex Review
World Forex offers traders a variety of trading accounts and competitive conditions with low spreads, making it an attractive choice for clients interested in saving on trading costs. Support for the popular MetaTrader 4 and MetaTrader 5 trading platforms guarantees a high level of convenience and functionality, while a large selection of payment systems and the broker's coverage of deposit fees simplify financial transactions.
WForex is best suited for active traders who prefer short-term trading and can take advantage of low spreads and a wide choice of payment systems. The broker will be less attractive for beginners due to the lack of training resources and for those looking for long-term investment opportunities due to high swaps.
Pros and Cons of World Forex
Pros
- Various trading accounts.
- Low spreads.
- Availability of popular trading platforms.
- A wide range of payment systems and broker-covered commissions on deposits.
Cons
- Limited selection of educational materials.
- There is an absence of soft commodities and indices.
- High swaps.
World Forex is in the top 10 of the following ratings:
Reliability
| Broker | LiteFinance | World Forex |
|---|---|---|
| Reliability | 4/5 | 3.6/5 |
| Foundation Year | 2004 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines, Cyprus | Saint Vincent and the Grenadines, Vanuatu |
| Regulators | SVGFSA SVGFSA CySEC CySEC | SVGFSA SVGFSA VFSC VFSC - |
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.
World Forex
World Forex is a member of the Financial Commission (FinaCom), and the quality of order execution on the broker's platform is analyzed monthly by the VerifyMyTrade service. However, WForex is regulated in offshore jurisdictions.
Pros
- Monthly audit and certification of orders.
- Trader protection through a compensation fund.
Cons
- Regulated in offshore jurisdictions.
Account Opening
| Broker | LiteFinance | World Forex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
LiteFinance
Account opening at LiteFinance is user-friendly and straightforward, with a direct verification process.
World Forex
Considering that a minimal amount of information is required for registration and the verification process is standard, it can be said that the account opening process at WorldForex is quite simple and convenient.
Account Types
| Broker | LiteFinance | World Forex |
|---|---|---|
| Account Types | 5/5 | 5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| 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.
World Forex
WorldForex offers a variety of account types, meeting the needs of different traders, making it a versatile choice.
Pros
- Wide selection of account types, including specialized accounts.
- Availability of a demo account and copy trading services.
Commissions
| Broker | LiteFinance | World Forex |
|---|---|---|
| Commissions | 1.5/5 | 3.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 2 | |
| 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.
World Forex
Low spreads make trading accessible, but relatively high swaps and standard margin rates can increase the overall cost of trading, especially for traders using long-term trading strategies.
Deposit and Withdrawal
| Broker | LiteFinance | World Forex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| 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.
World Forex
WorldForex provides convenient and fairly quick methods for depositing and withdrawing funds, but high commissions for withdrawals by payment systems can sometimes be an issue for clients.
Markets and Products
| Broker | LiteFinance | World Forex |
|---|---|---|
| Markets and Products | 4.2/5 | 3/5 |
| Forex | 57 | 55 |
| Precious Metals | 5 | 4 |
| Energy Carriers | 3 | 2 |
| Soft Commodities | 5 | - |
| Indices | 15 | - |
| Stocks | 443 | 46 |
| Cryptocurrency | 63 | 17 |
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.
World Forex
The World Forex product range is limited but covers the main asset categories.
Pros
- A large number of currency pairs.
- Spot metals and oil.
- Availability of CFDs on cryptocurrencies.
Cons
- No soft commodities and indices.
- Relatively small number of CFDs on stocks.
- Lack of opportunities for extended portfolio diversification.
Trading Platforms
| Broker | LiteFinance | World Forex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
|
|
LiteFinance
LiteFinance offers proven cTrader, MT4, and MT5 platforms, and a convenient web terminal.
World Forex
World Forex trading platforms offer a wide range of functionalities and ease of use, although the broker lacks an alternative to MetaTrader for mobile and desktop devices.
Analytics
| Broker | LiteFinance | World Forex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
LiteFinance
LiteFinance's website features a variety of useful analytical tools, providing comprehensive support for traders.
World Forex
World Forex offers a decent set of tools for market analysis. However, the analytics section could be more diverse and include additional analytical tools or signals to better support traders.
Education
| Broker | LiteFinance | World Forex |
|---|---|---|
| Rating | 5/5 | 2/5 |
LiteFinance
LiteFinance offers a variety of educational materials that contribute to the development of traders' skills at all levels.
World Forex
The education section of the World Forex broker provides basic information for beginners, but is limited in scope and learning formats. Expanding and diversifying educational materials could improve its usefulness and appeal to traders.
Customer Support
| Broker | LiteFinance | World Forex |
|---|---|---|
| Rating | 4.8/5 | 4.5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Skype
Telegram
VK
Twitter
OK
YouTube
TradingViewLiteFinance
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.
World Forex
The technical support section of World Forex offers a variety of communication channels, ensuring accessibility and convenience for clients.
Comparisons of LiteFinance and World Forex with other brokers
Conclusion
LiteFinance stands out as the better overall pick, while World Forex trails on aggregate criteria.
LiteFinance scored 4.1/5 and ranks 39 in our rating; World Forex has 4/5 and ranks 48.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: LiteFinance or World Forex?
LiteFinance comes out ahead by overall rank (score 4.1/5, position 39) versus World Forex (score 4/5, position 48).
Which broker is better for beginners: LiteFinance or World Forex?
LiteFinance is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — LiteFinance or World Forex?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with LiteFinance and World Forex?
LiteFinance: MetaTrader 4, MetaTrader 5, cTrader. World Forex: MetaTrader 5, MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with LiteFinance and World Forex?
LiteFinance: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. World Forex: Forex, Precious Metals, Energy Carriers, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by LiteFinance and World Forex?
LiteFinance: ECN, CLASSIC, CENT. World Forex: W-CENT-fix, W-PROFI-fix, W-CENT, W-PROFI, W-CRYPTO. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by LiteFinance and World Forex?
LiteFinance: Neteller, Skrill, Perfect Money, Volet, Bank Transfer, Swift, Credit and Debit Cards. World Forex: Payeer, Perfect Money, Volet, Moneta.ru, Apple Pay, Google Pay, Wallet One, Swift, Visa, Mastercard, Сбербанк Онлайн, Тинькофф Банк, Альфа Банк, Промсвязьбанк, Русский Стандарт, Homebank.kz, Privat24. Check method-specific fees/settlement times.
Which broker is safer — LiteFinance or World Forex — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
