Compare Axi Vs LiteFinance: Which is the Better Forex Broker in 2024?
Axi Vs LiteFinance, 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 Axi Vs LiteFinance, here is the direct comparison:
Compare | Axi | LiteFinance |
General Rating |
2.48/5 |
2.52/5 |
Score | ||
Trustpilot |
3.5/5 1404 users |
3.8/5 132 users |
πΌ Regulation | ||
β Info | ||
β Established | 2007 | 2005 |
π² Min Deposit | $0 | $50 |
β Max Leverage | 1:500 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $7 | $5 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller and BPAY | 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 |
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 | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | Arabic, German, English, Hungarian, Indonesian, Italian, Dutch, Polish, Thai, Vietnamese, Chinese | Arabic, German, Greek, English, Spanish, French, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Thai, Chinese |
πͺ Trade Now | Open Axi | Open LiteFinance |
Compare Again
Testimonials
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Axi: great
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Axi: Good customer support
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Axi: Axi Select review
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Axi: transparent broker
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Axi: highly recommend
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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 Axi Testimonials
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See More LiteFinance Testimonials
News
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Axi Reports Nearly $12 Billion in Crypto CFDs Volume for January
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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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Axi Extends Thrilling Partnership with Manchester City for Epic Campaign
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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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Axi Inks Sponsorship Deal with Girona FC in LatAm
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LiteFinance Celebrates Grand Opening in Uzbekistan
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See More Related Axi News
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See More Related LiteFinance News
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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, Axi provides their pricing with Variable spread while LiteFinance offers Variable spread.
Axi vs LiteFinance: 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, Axi enables trading with MetaTrader 4 (Limited with 30 days). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, LiteFinance provides trading with MetaTrader 4, MetaTrader 5, WebTrader, Social trading, cTrader with the support of One-click trading, Trailing stop, Pending orders.
Is Axi or LiteFinance 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, Axi supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Crypto, while LiteFinance presents the ability of trading with Oil, Indexes, Stock, Commodities, Forex, Gold & silver, CFD, Crypto.
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 Axi and LiteFinance:
- Compare Axi vs Octa
- Compare Axi vs MTrading
- Compare Axi vs DeltaStock
- Compare LiteFinance vs FBS
- Compare LiteFinance vs RoboForex
- Compare LiteFinance vs JustMarkets
For more comparisons, visit this page.