eToro vs. LiteForex

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

eToro

67% of retail CFD accounts lose money

  • Pros
  • Buy shares or cryptocurrency coins directly.
  • Trade CFDs on all asset classes (except bonds).
  • World's largest social network for investors.
  • Easily copy other investors’ trades.
  • Cons
  • No support for MetaTrader 4 or 5.
  • USD is the only account base currency.
  • Awards
  • Best Trading Platform, 2013 - Star Awards
  • Best Social Trading Network, 2012 - World Finance
  • Best Social Trading Platform, 2011 - GBFR
LiteForex

83% of retail CFD accounts lose money

  • Pros
  • Receive 2.5% interest on surplus funds in your account.
  • Trade on Metatrader 4 on Metatrader 5.
  • All trading strategies are allowed (ECN account).
  • Free technical and fundamental analysis (Claws&Horns).
  • Social trading platform.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No CFDs on stocks, cryptocurrency, commodities or ETFs.
  • Awards
  • Best Forex Broker Africa, 2011
  • Best Client Service, 2011
  • Best Retail Forex Provider, 2010

Markets

Asset classeseToro ▷LiteForex ▷
Forex (CFD)NA
Indices (CFD)NA
Metals (CFD)NA
Energy (CFD)NA
Asset classes (#)eToro ▷LiteForex ▷
Forex (CFD)NA56
Indices (CFD)NA11
Metals (CFD)NA4
Energy (CFD)NA2

Trading platforms

Trading platformseToro ▷LiteForex ▷
MetaTrader 4NA
MetaTrader 5NA
Copy trading
Mirror tradingNA
Other platformseToroNA
Operating systemseToro ▷LiteForex ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalseToro ▷LiteForex ▷
Bank transfer
Credit card
Debit cardNA
AlipayNA
BitcoinNA
Bitcoin CashNA
Bitcoin GoldNA
bitwalletNA
CashUNA
China UnionPay
EthereumNA
Klarna / SofortNA
LitecoinNA
MoneroNA
MoneyGramNA
MTS.ruNA
NETELLER
OKPAYNA
PayeerNA
PayPalNA
Perfect MoneyNA
QIWI WalletNA
RevolutNA
Skrill
WebMoney
Western UnionNA
Yandex.Money
Account base currencieseToro ▷LiteForex ▷
CHF - Swiss FrancNA
EUR - EuroNA
GBP - British PoundNA
PLN - Polish ZłotyNA
RUB - Russian RoubleNA
USD - U.S. Dollar

Regulators

Company informationeToro ▷LiteForex ▷
Company nameeToro (Europe) Ltd.LiteForex Investments Limited
Head officeLimassol, CyprusMarshall Islands
Incorporation date20072005
RegulatorseToro ▷LiteForex ▷
AustraliaASIC No. 491139NA
CySECCySEC 109/10CySec No 093/08
UKFCA No. 583263NA

eToro

67% of retail CFD accounts lose money

LiteForex

83% of retail CFD accounts lose money