Feature | XM Trading | LiteFinance |
---|---|---|
Founded | 2009 | 2005 |
Headquarters | Limassol, Cyprus | Port Louis, Mauritius |
Regulation | ASIC, CySEC, DFSA, FSC Belize | CySEC, SVGFSA |
Minimum Deposit | $5 | $10 |
Maximum Leverage | 0.73611111111111 | 0.73611111111111 |
Trading Instruments | 1000+ including Forex, Cryptocurrencies, Stock CFDs, Commodities, Indices, Metals, Energies | 250+ including Forex, CFDs on Stocks, Indices, Metals, Oil, Cryptocurrencies |
Account Types | Micro, Standard, Ultra Low, Shares | ECN, Classic, Cent |
Trading Platforms | MT4, MT5 | MT4, MT5, cTrader, LiteFinance proprietary platform |
Spreads | Starting from 0.6 pips | From 0.0 pips (ECN), from 1.8 pips (Classic), from 3.0 pips (Cent) |
Commission | None on most accounts | $0.25 per lot per side (ECN account) |
Payment Methods | Bank Wire, Credit/Debit Cards, Skrill, Neteller, WebMoney, UnionPay, and more | Bank Wire, Credit/Debit Cards, Skrill, Neteller, WebMoney, Bitcoin, Ethereum, Litecoin, and more |
Scalping | Allowed | Allowed |
Hedging | Allowed | Allowed |
Automated Trading (EAs) | Allowed | Allowed |
Social/Copy Trading | Not Available | Available |
Islamic Accounts | Available | Available |
Customer Support | 24/5 via live chat, email, phone | 24/5 via live chat, email, phone |
Educational Resources | Webinars, tutorials, market analysis | Limited educational content |
Bonuses/Promotions | Up to $5,000 forex bonus, up to 100% deposit bonus | Rebate on payment fees |
Demo Account | Available | Available |
VPS Hosting | Not specified | Available |
Negative Balance Protection | Yes | Yes |
US Clients Accepted | No | No |
Order Execution Type | Market execution, No re-quotes | Market execution, No re-quotes |
Order Execution Speed | <1 second | <0.1 second |
Stop-Out Level | 20% | 20% (ECN), 15% (Classic) |
Margin Call Level | 50% | 100% (ECN), 50% (Classic) |
Swap-Free Accounts | Available for Islamic traders | Available for Islamic traders |
Deposit Fees | No fees | No fees |
Withdrawal Fees | No fees | No fees on most methods (some crypto withdrawals may have fees) |
Minimum Trade Size | 0.01 lots (Micro Account) | 0.01 lots |
Maximum Trade Size | 50 lots (per ticket) | 100 lots (varies by instrument) |
Slippage Protection | Yes | Yes |
Market Depth | Level 2 | Level 2 (ECN accounts) |
Account Currency Options | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | USD, EUR, and selected local currencies |
Copy Trading Platform | Not supported | Available via LiteFinance Social Trading |
Cryptocurrency Trading | Yes (Limited pairs) | Yes (Wider selection of cryptos) |
Fractional Lot Trading | Yes | Yes |
Advanced Charting Tools | Available on MT4/MT5 | Available on MT4/MT5, cTrader, and LiteFinance platform |
Trailing Stop Orders | Yes | Yes |
One-Click Trading | Yes | Yes |
Fixed vs. Variable Spreads | Only variable spreads | Variable spreads with fixed spread options for some accounts |
ECN Access | No direct ECN access | Available via ECN account |
STP (Straight-Through Processing) | Yes | Yes |
Mobile Trading | Yes, via MT4/MT5 mobile apps | Yes, via MT4/MT5, cTrader, and LiteFinance app |
Web Trading Platform | Yes | Yes |
Trading API | Not available | Available for professional traders |
Partnership Programs | IB (Introducing Broker) program, Affiliate program | IB program, Affiliate program, Revenue-sharing model |
VIP Programs | No | Yes (higher rebates for high-volume traders) |
Regional Restrictions | Does not accept clients from the US, Canada, Israel, and some other regions | Does not accept clients from the US and certain restricted jurisdictions |
Algo Trading Support | Yes, via MT4/MT5 Expert Advisors (EAs) | Yes, via MT4/MT5, cTrader algorithmic trading, and API |
HFT (High-Frequency Trading) | Limited support | Fully supported in ECN accounts |
Direct Market Access (DMA) | No | Yes (for ECN accounts) |
Tick History Data | Not provided | Provided for professional traders |
Sentiment Analysis Tools | No | Yes, available on LiteFinance proprietary platform |
News Feed Integration | Yes, via MT4/MT5 | Yes, via LiteFinance platform and MT4/MT5 |
Economic Calendar | Yes | Yes |
Market Analysis Tools | Yes, technical and fundamental analysis | Yes, extensive technical and fundamental analysis |
Real-time Price Alerts | Yes | Yes |
Trade Execution Transparency | High transparency | Higher transparency in ECN accounts |
Deposit Processing Time | Instant for most methods | Instant for most methods |
Withdrawal Processing Time | 24 hours (typically) | 24 hours (usually) |
Crypto Deposit & Withdrawal | Not supported | Supported (Bitcoin, Ethereum, Litecoin, USDT, and more) |
Segregated Accounts for Clients | Yes | Yes |
Risk Management Tools | Stop-Loss, Take-Profit, Negative Balance Protection | Stop-Loss, Take-Profit, Negative Balance Protection |
Guaranteed Stop-Loss Orders | No | No |
Personal Account Manager | Available for high-volume traders | Available for VIP clients |
Custom Leverage Settings | Adjustable up to 1:1000 | Adjustable up to 1:1000 |
Mobile App Features | MT4/MT5 mobile app | MT4/MT5, cTrader, and LiteFinance proprietary mobile app |
Trade Execution Type Flexibility | Market execution only | Market execution, ECN execution |
Cashback & Rebates | No | Yes, through rebate programs |
Regulatory Oversight Strictness | High (ASIC, CySEC, DFSA) | Moderate (CySEC, SVGFSA) |
Competitions & Contests | Yes, occasional trading competitions | Yes, frequent trading contests with cash prizes |
Broker Reputation | Well-established with strong regulatory backing | Popular among retail traders but less strict regulation |
Server Stability & Downtime | High uptime, reliable execution | High uptime, more servers for ECN execution |
User Interface & Platform Customization | Standard MT4/MT5 features | Customizable trading experience with more platform choices |
Web-based Trading Platform Features | Standard MT4/MT5 web trader | More advanced features in LiteFinance Web Trader |
Support for Multiple Monitors | Yes, via MT4/MT5 | Yes, via MT4/MT5 and cTrader |
Multi-Account Management (MAM/PAMM) | Available | Available |
Automated Trading Bot Integration | Only via MT4/MT5 EAs | Supported via cTrader, API, and MT4/MT5 |
Copy Trading Risk Control | Not applicable (no copy trading) | Risk management tools available for copy traders |
XM Trading is a well-regulated broker with a strong focus on forex and CFDs, offering tight spreads and excellent educational resources. LiteFinance provides ECN access, copy trading, and crypto deposits, catering to traders who prefer direct market access and social trading.