Compare LiteFinance Vs FBS: Which is the Better Forex Broker in 2024?
LiteFinance Vs FBS, 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 FBS, here is the direct comparison:
Feature | LiteFinance | FBS |
General Rating |
2.54/5 |
3.64/5 |
|
Score | 68 | 84 | |
Trustpilot |
3.8/5 142 users |
3.7/5 565 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2005 | 2009 | |
💲 Min Deposit | $50 | $5 | |
⚖ Max Leverage | 1:500 | 1:3000 | |
🔢 Spread | Variable | Variable | |
💸 Commissions | $5 | from $0 | |
💡 Min Position | 0.01 lot | 0.01 lot |
💳 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 | Credit/debit cards, FasaPay, Local bank transfer, Neteller, Perfect Money, Skrill, UnionPay and Wire transfer | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Arabic, German, Greek, English, Spanish, French, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Thai, Chinese | Arabic, Bengali/Bangla, Burmese, Chinese, English, French, German, Indonesian, Italian, Japanese, Korean, Laothian, Malay, Portuguese, Spanish, Thai, Turkish, Urdu, Vietnamese |
🚪 Trade Now | Open LiteFinance | Open FBS |
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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See More LiteFinance Testimonials
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See More FBS Testimonials
News
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FBS 15th Anniversary Bash: Your Chance to Win iPhone 15 Pro Max!
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LiteFinance Wraps Up Annual Best IB Nigeria Awards with Winners Revealed
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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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FBS Sweeps Three Prestigious Nominations at the WBO Awards 2023
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FBS Launches Control Your Drive Campaign
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LiteFinance Integrates cTrader into its Trading Platform
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FBS Clinches Best Islamic Forex Account at Forex Expo Dubai 2023
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Rising Influencer Thai Trader Mait Becomes FBS Brand Ambassador
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FBS Builds Collaboration to Offer Accessible STEM Education in Africa
Articles
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Guide to Trade with Cent Account on FBS Broker
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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 Verify Account on FBS in 2024
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FBS Recap in 2023: A Performance Review
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Unpacking LiteFinance App: Valuable Features, Pros, and Cons
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Unveiling FBS Features for News Trading
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FBS Mobile App Review: Is It a Good Choice for Traders?
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Amplify Your Trading Profit with FBS 100% Bonus
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Begin Your Trading Journey with FBS $100 Quick Start Bonus
Bonus
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LiteFinance: 30% + 15% NonStop Tradable Bonus
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LiteFinance: 50% Bonus On Deposits for Blog Readers
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FBS: Rebates from FBS — Receive up to $15 per Lot
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FBS: Activate Your 100% Deposit Bonus
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LiteFinance: Earn up to 20% per Annum with LiteFinance
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FBS: Dedicated FREE FOREX VPS - Server 2023
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FBS: Dedicated FREE FOREX VPS - Server 2024
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LiteFinance: No Deposit Bonus
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See More LiteFinance Bonus
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See More FBS Bonus
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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 FBS offers Variable spread.
LiteFinance vs FBS: 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, FBS provides trading with MetaTrader 4 (Limited with 45 days of inactivity), MetaTrader 5, Web with the support of One-click trading, Trailing stop, Pending orders.
Is LiteFinance or FBS 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 FBS presents the ability of trading with Forex, Gold & silver, CFD, Indices, Oil, Stock.
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 FBS:
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For more comparisons, visit this page.