Compare LiteFinance Vs InstaForex: Which is the Better Forex Broker in 2024?
LiteFinance Vs InstaForex, 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 InstaForex, here is the direct comparison:
Feature | LiteFinance | InstaForex |
General Rating |
2.54/5 |
2.24/5 |
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Score | 68 | 63 | |
Trustpilot |
3.9/5 141 users |
2.8/5 328 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2005 | 2007 | |
💲 Min Deposit | $50 | $1 | |
⚖ Max Leverage | 1:500 | 1:1000 | |
🔢 Spread | Variable | Fixed | |
💸 Commissions | $5 | $30 | |
💡 Min Position | 0.01 lot | 0.0001 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 | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, SOFORT, Crypto, Litecoin, Dash, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, NEO, AstroPay and EOS.IO | |
🏢 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, Azerbaijani, Bulgarian, Czech, German, English, Spanish, Indonesian, Italian, Japanese, Georgian, Lithuanian, Latvian/Lettish, Malay, Dutch, Polish, Portuguese, Russian, Slovak, Turkish, Ukrai |
🚪 Trade Now | Open LiteFinance | Open InstaForex |
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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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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InstaForex: Hi, I have been trading with InstaForex since last Christmas....
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InstaForex: I noticed that InstaForex also accept cash deposit as well...
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InstaForex: I have experienced smooth trading experiments with this broker. Although...
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InstaForex: I just start trading with this broker and so far...
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InstaForex: InstaForex is one of few brokers that actually keep their...
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LiteFinance: Here is why I love it
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See More LiteFinance Testimonials
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See More InstaForex Testimonials
News
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LiteFinance Wraps Up Annual Best IB Nigeria Awards with Winners Revealed
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Forex Broker InstaForex Awarded the Best Forex Broker in LatAm
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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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Unlock Your Fortune: InstaForex Presents the Grand Choice Contest
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Join InstaForex Trade Wise Campaign, Win Apple
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InstaForex Begins Weekly FX-1 Rally Contest for Clients
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LiteFinance Integrates cTrader into its Trading Platform
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LiteFinance Gears Up for Forex Expo Dubai 2023
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Get Honda CV-R for Indonesian Traders from InstaForex
Articles
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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 InstaForex
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InstaForex App Review: Trade Forex Like a Pro on Your Phone
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Unpacking LiteFinance App: Valuable Features, Pros, and Cons
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How to Verify Your InstaForex Account
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How to Open Account in InstaForex
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InstaForex Chancy Deposit: Boost Your Deposit Every Month
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InstaForex 100% Bonus Agreement: Get Up to $2,000
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Increase Your Profit Chance with InstaForex 30% 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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InstaForex: $1000 STARTUP bonus from InstaForex
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InstaForex: Double Your Deposit with InstaForex 100% Bonus
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InstaForex: Join InstaForex Club Bonus to Maximize Your Profit!
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LiteFinance: Earn up to 20% per Annum with LiteFinance
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LiteFinance: No Deposit Bonus
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See More LiteFinance Bonus
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See More InstaForex Bonus
Contests
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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 InstaForex offers Fixed spread.
LiteFinance vs InstaForex: 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, InstaForex provides trading with MetaTrader 4, MetaTrader 5, Web, Social trading with the support of One-click trading, Trailing stop, Pending orders.
Is LiteFinance or InstaForex 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 InstaForex presents the ability of trading with Forex, Gold & silver, CFD, Binary options, Crypto, Oil, Indices, Stock, Commodities.
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 InstaForex:
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For more comparisons, visit this page.