ActivTrades and LiteFinance are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. ActivTrades is regulated by 5 regulatory authorities, including the ASIC, SVG, FSA, DFSA, FCA. On the other hand, LiteFinance is regulated by 2 regulatory authorities, including CYSEC, SVG. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare ActivTrades with LiteFinance regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if ActivTrades is better than LiteFinance. This comparison lets you understand which broker is better for your trading style and preferences.
AxiTrader vs LiteFinance: In a Nutshell
AxiTrader
Founded in Sydney, Australia in 2007 by traders, Axi has grown into a global brand with 60,000 clients from over 100 countries. More than 220 forex and CFDs can be traded on its MT4 platform. The Axi Trading platform will soon be available for real trading. Tools like Autochartist and MT4 NextGen are provided while the Axi Copy Trading app is for social trading. To learn more, you can read our review of AXI
AxiTrader At a Glance
- Founded In: 2007
- Founder: Rajesh Yohannan
- Headquarters: Sydney, Australia
- Trading Instruments: 220+ trading instruments including forex, cryptocurrencies, shares, commodities, indices.
- Minimum Deposit: $0 for standard and pro accounts, 25,000 for Elite account.
- Maximum Leverage: upto 1:500
- Regulations: ASIC, FCA, DFSA, FSA
- Trading Fees: spread starting from 0.9 pips for standard account, $7 per lot for pro account, $3.5 per lot for Elite account
- Trading platform: MT4, MT5, Axi trading platforms, Copy Trading Apps.
- Account Types: Standard, Pro Account, and Elite Account
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, GlobalCollect, JCB, Maestro, Neteller, Ngan Luong, Payment Asia, Poli, Skrill, UnionPay
- Funding Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
- US Clients : Not Accepted
LiteFinance
LiteFinance (formerly known as LiteForex)Â is an online forex and CFD broker founded in 2005. It provides online trading services for individuals interested in participating in the foreign exchange market and other financial markets. LiteForex offers various trading accounts, platforms, and educational resources for traders. You can trade using MT4, MT5, and mobile trading apps on LIteFiance. This broker offers 250+ trading instruments for retail traders. To learn more, you can read our review about LiteFinance.
LiteFinance Overview
- Founded In: 2005
- Minimum Deposit: $10
- Maximum Leverage: 1:1000
- Regulations: CYSEC
- Trading platform: MT4/5, LF, cTrader
- Account Types: ECN, Classic
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alipay, Bitcoin, Bitcoin Cash, Boleto, Ether/Ethereum, Litecoin, Local Bank Deposits, M-Pesa, Mobile Money, Monero, PerfectMoney, Ripple (XRP), WebMoney
- US Traders: Not Accept
AxiTrader vs: LiteFinance Features
AxiTrader
- Trading Instruments: 220+Trading instruments including Forex, shares, IPOs, Indices, commodities, cryptocurrencies
- Maximum leverage: 500:1, However, AXI offers 1000:1 leverage in some countries
- Minimum Deposit: No Minimum Deposit.
- Account Types: Three ( Standard, Pro, Elite Account)
- Trading Fees: spread starting from 0.9 pips for the standard account, $7 per lot for the pro account, $3.5 per lot for the Elite account
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
LiteFinance
- Trading Instruments: 250+ Trading instruments including Forex currency pairs, CFD stocks, Stocks indexes, Metals, Oil, Cryptocurrencies, etc.
- Maximum leverage: The maximum leverage of LiteFinance is as high as 1000:1. However, leverage may vary based on jurisdiction, and tradable assets.
- Minimum Deposit: The minimum deposit of LiteFinance is $10 for cent account, $50 for ECN and Classic Accounts
- Account Types: Three (ECN, Classic, Cent)
- Trading Fees: Floating spread starting from 0.0 pip for ECN Account, 1.8 Points for Classic Account, and 3 points for Cent Account. ECN account charges a commission of 0.25 per lot per side (Zero Spreads)
- PAMM/ MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
AxiTrader vs LiteFinance: Pros and Cons
AxiTrader
- A global broker since 2007.
- Regulated by FCA, ASIC, DFSA, and FMA.
- Serves over 60,000 customers in 100+ countries.
- No deposit and withdrawal fees.
- The minimum deposit is as low as $1.
- Allows scalping, EA trading, and news trading.
- Offers passive investment programs like MAM, PAMM, and Zulutrade.
- Maximum leverage is as high as 400:1.
- Offers a wide range of trading instruments including forex, metals, indices, commodities, and cryptocurrencies.
- Spread betting is available for the UK market.
- Spreads are low and start from 0 pips.
- Easy and digital account opening process.
- AutoChartist, MetaTrader 4 NextGen, and PsyQuation are offered.
- Signal providers and free VPS are offered (conditions apply)
- Not regulated by CySEC, a leading regulator for EU countries.
- The demo account expires after 30 days.
- The broker does not offer more advanced platforms like MT5 and cTrader; only MT4 is available.
- The commission is $7 for the pro account, which is a bit high compared to competitors.
- Only forex and CFDs are offered; no real tradable assets are available
LiteFinance
- LiteFinance ( formerly LiteForex) is regulated by CySEC
- The Maximum leverage is as high as 1:1000
- Correspondence to the A-Book model, STP (straight-through processing) and ECN technologies for processing client orders
- Variety of account types, including Classic and Islamic accounts.
- Scalping, News trading, and EA/Robot Trading are allowed
- Offers web trading, mobile trading and ECN trading
- Multiple payment methods, plus local transfers
- Not regulated by tire regulators like FCA, ASIC
- No passive investment program ( MAM, PAMM Accounts)
- US, UK, or Japan Traders are not accepted
- A small selection of trading instruments;
- Sometimes it takes time to receive a response from technical support;
- 3% withdrawal fees if you do not have any trading activities
AxiTrader vs LiteFinance: Side-by-Side Comparison
AxiTrader Vs LiteFinance: Our Scores and Ratings
We rated both brokers, AxiTrader and LiteFinance, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
AxiTrader :
LiteFinance:
Final Verdict :
AxiTrader and LiteFinance are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for AxiTrader is $0 , whereas the minimum deposit for LiteFinance is $10. Additionally, the maximum leverage for AxiTrader is 1:400. In contrast, the maximum leverage for LiteFinance is 1000:1. AxiTrader offers passive investment programs like MAM and PAMM, while LiteFinance does not have any passive investment programs.
Our score for AxiTrader is 8.7, and for LiteFinance, it is 8.2 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose AxiTrader. However, if you prefer another forex brokers that offer similar services, you may choose LiteFinance.
