Octa vs. LiteFinance

Octa

$25 min. deposit

1:500 leverage

Updated Nov 2023

LiteFinance

$50 min. deposit

1:1000 leverage

83% of retail CFD accounts lose money

Updated Jan 2024

  • Overall
    4.2 / 5
  • Markets
    4.0 / 5
  • Trading environment
    4.5 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    4.3 / 5
  • Likes
  • Trade without restrictions on MetaTrader 4 or 5.
  • Crypto deposit and withdrawal options are available.
  • Negative balance protection.
  • Copy trading platform.
  • Dislikes
  • You cannot buy shares or cryptocurrency (only CFDs).
  • Only supports 2 account base currencies: USD, EUR.
  • Overall
    3.9 / 5
  • Markets
    4.0 / 5
  • Trading environment
    4.4 / 5
  • Deposits and withdrawals
    4.2 / 5
  • Investor protection
    2.0 / 5
  • Customer service
    4.7 / 5
  • Likes
  • All trading strategies are allowed.
  • Get free daily technical and fundamental analysis.
  • Receive up to 2.5% interest on used funds.
  • Copy trading accounts are also available.
  • Dislikes
  • Withdrawals fees are somewhat high, especially card withdrawals.

Easily navigate this review:

Markets
Asset classes (#)Visit Octa Visit LiteFinance
Forex (CFD)3557
Cryptos (CFD)*3063
Stocks (CFD)150135
Indices (CFD)1015
Metals (CFD)25
Energy (CFD)23
Commodities (CFD)5

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit Octa Visit LiteFinance
MT4
MT5
cTrader
Copy trading
Other platformsOctaTrader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit Octa Visit LiteFinance
Bank transfer
Debit card
Credit card
Alipay
bitwallet
CashU
MoneyGram
MTS.ru
Multibanko
NETELLER *
OKPAY
Payeer
Perfect Money
QIWI Wallet
Skrill *
WebMoney
Western Union
Yandex.Money
2c2p
Deposits and withdrawals (Crypto)Visit Octa Visit LiteFinance
BTC (Bitcoin)
BCH (Bitcoin Cash)
BTG (Bitcoin Gold)
DOGE (Dogecoin)
ETH (Ethereum)
LTC (Litecoin)
USDT (Tether)
Account base currenciesVisit Octa Visit LiteFinance
EUR
USD
Investor protection
Regulated entitiesVisit Octa Visit LiteFinance
Cyprus (EU)
St. Vincent & the Grenadines
Octa

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LiteFinance

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83% of retail CFD accounts lose money