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Home/Extended field/LiteFinance

LiteFinance — where it wins, where it loses

LiteFinance does not currently take a column outright against this field. It loses on tier-1 cover, published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.

n/vCost per 10 lots — not confirmed, so not compared
n/vEUR/USD figure the comparison is priced from
0Tier-1 entries of 3 licence rows
n/vMinimum to open, where the broker states one

Column by column

The split

Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.

Wins on

No column where LiteFinance takes the field outright.

Loses on

  • tier-1 cover
  • published spread

Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.

Licensing

Which entity, which regulator, which number

Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.

LiteFinance — licence rows on file
RegulatorNumberJurisdictionTierEntityRead from
None — St Vincent and the Grenadines company registration onlySaint Vincent and the GrenadinesTier 3LiteFinance Global LLC (SVG reg. 931 LLC 2021)litefinance.org
FSC MauritiusGB20025921MauritiusTier 3LiteFinance Investment Limited (reg. 178302)litefinance.org
CySEC093/08CyprusTier 2Liteforex (Europe) Ltdcysec.gov.cy

Checkable

Facts the comparison runs on

On the record

  • The company states it has operated since 2005 and that the LiteForex brand was renamed LiteFinance in November 2021 (source: litefinance.org).
  • On its own registered-offices page LiteFinance lists 'Regulator: No' for LiteFinance Global LLC, the St Vincent and the Grenadines entity; an SVG LLC registration is a company registration and not financial-services supervision.
  • For the SVG entity the company states client funds are held in segregated bank accounts although the entity is not regulated, and that there is no compensation scheme.
  • The Mauritius entity holds an FSC Investment Dealer (Full Service Dealer, excluding Underwriting) licence, GB20025921.
  • A Cyprus entity, Liteforex (Europe) Ltd, appears on the CySEC register under licence 093/08.
Comparison inputs
Trading since2005
Basenot verified
Minimum to opennot verified
Leverage cap
EUR/USDnot verified
TerminalsMT4, MT5, LiteFinance web/mobile platform
Account tiersClassic, ECN
Record confidencemedium
Matchup-readyno — too many gaps to run a fair head-to-head

Excluded from the maths

Not verified

Not verified

These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:

  • hq
  • minDeposit
  • maxLeverage
  • spreadEurusd
  • publiclyListed
  • accountTypes (not confirmed from a LiteFinance account-types page)
  • current status of CySEC licence 093/08 (register entry not read in full)
  • headquarters

Costs less

Who beats LiteFinance on price

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.