LiteFinance vs Tradeview | Which is best 2024 (2024)

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LiteFinance is an offshore-regulated broker with 55 forex pairs and a range of international stocks as well as a smaller list of indices, commodities and cryptocurrencies. With support for the MetaTrader 4 and MetaTrader 5 platforms as well as a proprietary mobile app, there is a good selection of tools available. The broker offers a Classic commission-free account as well as an ECN account with spreads starting from zero and a commission per lot.

Tradeview is an offshore forex and CFD broker based in the Cayman Islands and regulated by CIMA. Traders can access over 5000 instruments with a minimum deposit of $100. There are several third-party platforms on offer, including MetaTrader 4 (MT4) and cTrader.

Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money. Bonus Offer Rebate on payment fees Promotional Offer vary. Contact Tradeview for details Comment by Reviewer "LiteFinance will suit traders seeking high leverage on forex, stocks, commodities, indices and cryptocurrencies. The social trading system will also suit newer investors looking to learn from seasoned traders." "After exploring the broker, I think Tradeview is a good choice for experienced traders looking for a no-frills brokerage service with rapid ECN execution, tight spreads and feature-rich software. Conversely, with the lack of top-tier regulation and educational materials, beginners may want to look elsewhere." Pros Cons Instruments Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies Demo Account Yes Yes Minimum Deposit $50 $100 Trading Platforms Payment Methods Credit / Debit Car, Neteller, Skrill, Cryptocurrencies, Bank Wire, Bitpay, Accentpay, Payretailers, Sticpay, Fasapay, Advcash, TransferMate, Bitwallet, Uphold and JPay Minimum Trade 0.01 Lots 0.01 Lots Regulator CySEC CIMA, MFSA Margin Trading Yes No STP Account No Yes ECN Account Yes Yes DMA Account Yes No MAM Account No No PAMM Account No No LAMM Account No No Demat Account No No AI / Machine Learning No No Robo Advisor No No Negative Balance Protection Yes No Market Maker No No P2P Trading No No Spot Trading Yes No Mobile Apps iOS & Android Yes Auto Trading Expert Advisors (EAs) on MetaTrader Yes Copy Trading Yes Yes Copy Trading Platform LiteFinance offers a forex copy trading solution with hundreds of master traders. Simply decide how long you want to invest for and the amount, for example, $500 for three months. Choose between manual and automated copy trading at with a range of leading market signals. Social Trading Yes Yes Trade Signals Yes Yes VPS Hosting Yes No Tournaments No No Demo Competitions Yes No Ethical Investing No No Custodial Account No No Guaranteed Stop Loss No No Islamic Account Yes Yes Account Currencies Stock Exchanges Commodities CFD Trading CFDs are available on a breadth of assets including stocks, ETFs, indices, commodities and cryptocurrencies with both zero-commission and low-commission, tight spread accounts available. LiteFinance also offers high leverage of up to 1:500, providing significant trading opportunities. My tests uncovered around 100 CFD products covering forex, indices, commodities and cryptos. Leverage is available up to 1:400 and it’s good to see that scalping, hedging and EA strategies are permitted. Leverage 1:500 (Crypto 1:50) 1:400 (CIMA), 1:30 (MFSA) FTSE Spread 0.8 N/A GBPUSD Spread 0.8 0.6 Oil Spread 5.5 0.5 Stocks Spread Variable Variable Forex Trading With 55 forex pairs and cross pairs available, including a good selection of minors and exotics, LiteFinance is a good option for forex traders. Although it falls short of some competitors who offer 70 or 80+ forex assets, it offers excellent trading platforms and tools including a VPS. I’m happy with Tradeview’s strong range of 60+ currency pairs spanning majors, minors and exotics with competitive spreads from 0 pips in the $1000 ILC account. Traders can choose from several platforms, but I was particularly impressed with the feature-rich Currenex platform which is designed specifically for currency trading. GBPUSD Spread 0.8 0.6 EURUSD Spread 0.2 0.2 EURGBP Spread 0.5 0.7 Assets 55 60 Cryptocurrency LiteFinance offers 62 cryptocurrencies, mostly paired with USD. The list includes some lesser-known tokens with lower market capitalization. However, traders will not directly buy and own the crypto tokens they trade. I found 5 crypto products at Tradeview: BTCUSD, ETHUSD, LTCUSD, XRPUSD and BTCJPY. Whilst this isn’t the widest range, beginners should have enough opportunities to explore the market. Plus, with STP/ECN execution, traders should be able to access relatively competitive prices. Spread From 0.1 From $0.09 Coins Crypto Lending No No Crypto Mining No No Crypto Staking No No Auto Market Maker No No

Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money. More Comparisons LiteFinance
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