Compare Eightcap Vs LiteFinance: Which is the Better Forex Broker in 2024?
Eightcap 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 Eightcap Vs LiteFinance, here is the direct comparison:
Compare | Eightcap | LiteFinance |
General Rating |
2.86/5 |
2.52/5 |
Score | ||
Trustpilot |
4.3/5 1944 users |
3.7/5 143 users |
πΌ Regulation | ||
β Info | ||
β Established | 2009 | 2005 |
π² Min Deposit | $100 | $50 |
β Max Leverage | 1:500 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3.50 | $5 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | PayPal, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Crypto, Tether (USDT), BPAY, FasaPay and Bank Transfer | 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 | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | English, German, Spanish, French, Indonesian, Italian, Portuguese, Thai, Chinese | Arabic, German, Greek, English, Spanish, French, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Thai, Chinese |
πͺ Trade Now | Open Eightcap | Open LiteFinance |
Compare Again
Testimonials
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Eightcap: Very appreciated for their resolution
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Eightcap: The registration process is simple
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Eightcap: Providing clear instructions
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Eightcap: Win $2500 Awarded in Demo Contest
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Eightcap: Globally regulated broker
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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 Eightcap Testimonials
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See More LiteFinance Testimonials
News
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Global Contests Launched! Win Big with LiteFinance
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Eightcap Teams Up with BKTraders to Launch Innovative FlashTrader Tool
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Eightcap Forex Broker CEO Addresses Speculation on Prop Firm Business
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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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Dive into the Holiday Spirit with Eightcap's Christmas Demo Contest
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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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See More Related Eightcap News
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See More Related LiteFinance 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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Broker's Transparency Uncovered: the Eightcap Advantages
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Eightcap Broker Examined: 5 Key Verifiable Aspects
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Unpacking LiteFinance App: Valuable Features, Pros, and Cons
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See More Related Eightcap Article
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See More Related LiteFinance 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, Eightcap provides their pricing with Variable spread while LiteFinance offers Variable spread.
Eightcap 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, Eightcap enables trading with MetaTrader 4, MetaTrader 5, Tradingview, Web. 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 Eightcap 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, Eightcap supports trading with Forex, Indexes, Crypto, Stock, Gold, Oil, 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 Eightcap and LiteFinance:
- Compare Eightcap vs JustMarkets
- Compare Eightcap vs IC Markets
- Compare Eightcap vs FBS
- Compare LiteFinance vs Markets4you
- Compare LiteFinance vs Grand Capital
- Compare LiteFinance vs XM
For more comparisons, visit this page.