Compare LiteFinance Vs ThinkMarkets: Which is the Better Forex Broker in 2024?
LiteFinance Vs ThinkMarkets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between LiteFinance Vs ThinkMarkets, here is the direct comparison:
Compare | LiteFinance | ThinkMarkets |
General Rating |
2.52/5 |
2.87/5 |
Score | ||
Trustpilot |
3.7/5 143 users |
4.3/5 79 users |
πΌ Regulation | ||
β Info | ||
β Established | 2005 | 2010 |
π² Min Deposit | $50 | $0 |
β Max Leverage | 1:500 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $5 | $3.50 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, YooMoney, Neteller, QIWI, Perfect Money, AliPay, Crypto, Wallet One, Litecoin, Ethereum, Monero, Crypto Cash, AdvCash, Ripple, Tether (USDT), Mobile network operators and M-Pesa | Crypto, BPAY, Credit/debit cards, Ethereum, Neteller, PayPal, Skrill, Tether (USDT), Wire transfer and Perfect money |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | Arabic, German, Greek, English, Spanish, French, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Thai, Chinese | Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese |
πͺ Trade Now | Open LiteFinance | Open ThinkMarkets |
Compare Again
Testimonials
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LiteFinance: Here is why I love it
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LiteFinance: Folks, be carefull!
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LiteFinance: Very user friendly
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LiteFinance: My experience by far
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LiteFinance: This broker pass the vibe check
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ThinkMarkets: I've been trading there for the last six months. A...
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ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
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ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
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ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
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ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
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See More LiteFinance Testimonials
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See More ThinkMarkets Testimonials
News
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Global Contests Launched! Win Big with LiteFinance
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ThinkMarkets Expands Trading Options with NETH25 and SWI20 Indices
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ThinkMarkets Expands Trading Options with Spread Betting on ThinkTrader
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ThinkMarkets Now Licensed to Serve MENA Traders with DFSA Approval
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LiteFinance Wraps Up Annual Best IB Nigeria Awards with Winners Revealed
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ThinkMarkets Faces $4.28M Lawsuit: Must Return Client Funds
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LiteFinance Warns Clients Against Rising Fraudulent Activities
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Don't Miss LiteFinance New Year Promo, Win Sophisticated Gifts
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ThinkMarkets Introduces TradingView Integration on ThinkTrader
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See More Related LiteFinance News
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See More Related ThinkMarkets News
Article
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How to Deposit and Withdraw in LiteFinance
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How to Open Account in LiteFinance
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How to Deposit and Withdraw in ThinkMarkets
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How to Open Account in ThinkMarkets
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Unpacking LiteFinance App: Valuable Features, Pros, and Cons
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10 Ways to Successful Trading from ThinkMarkets
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See More Related LiteFinance Article
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See More Related ThinkMarkets Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, LiteFinance provides their pricing with Variable spread while ThinkMarkets offers Variable spread.
LiteFinance vs ThinkMarkets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, LiteFinance enables trading with MetaTrader 4, MetaTrader 5, WebTrader, Social trading, cTrader. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, ThinkMarkets provides trading with MetaTrader 4, MetaTrader 5, ThinkTrader, Social trading, Web with the support of One-click trading, Pending orders.
Is LiteFinance or ThinkMarkets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, LiteFinance supports trading with Oil, Indexes, Stock, Commodities, Forex, Gold & silver, CFD, Crypto, while ThinkMarkets presents the ability of trading with Forex, Gold & silver, Stock CFD, Indexes, Crypto, Oil.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to LiteFinance and ThinkMarkets:
- Compare LiteFinance vs ADSS
- Compare LiteFinance vs Blaze Markets
- Compare LiteFinance vs MTrading
- Compare ThinkMarkets vs Admirals
- Compare ThinkMarkets vs FP Markets
- Compare ThinkMarkets vs Interactive Brokers
For more comparisons, visit this page.