AvaTrade vs. LiteForex

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

Pros and Cons

AvaTrade

79% of retail CFD accounts lose money

  • Pros
  • Trade CFDs on all asset classes.
  • Trade through MetaTrader 4 or 5.
  • Automated trading platforms (MQL5, Zulutrade and DupliTrade).
  • Negative balance protection, whichever entity you open an account with.
  • Regulated in Europe, Australia, South Africa, the U.A.E. and elsewhere.
  • Cons
  • You cannot buy stocks or cryptocurrency (only CFDs).
  • Quarterly and annual inactivity fees.
  • 50% margin call and stop-out levels.
  • Awards
  • No. 1 Broker, 2020 - The European
  • Best Forex Broker, 2020 - The European
  • Best Forex Broker, 2019 - Daytrading.com
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

Trading platforms

Trading platformsAvaTrade ▷LiteForex ▷
MetaTrader 4
MetaTrader 5
Copy trading
Mirror tradingNA
Operating systemsAvaTrade ▷LiteForex ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsAvaTrade ▷LiteForex ▷
Bank transfer
Credit card
Debit card
AlipayNA
BitcoinNA
Bitcoin CashNA
Bitcoin GoldNA
bitwalletNA
CashUNA
China UnionPayNA
EthereumNA
LitecoinNA
MoneroNA
MoneyGramNA
MTS.ruNA
NETELLER
OKPAYNA
PayeerNA
Perfect Money
POLiNA
QIWI WalletNA
Skrill
WebMoney
Western UnionNA
Yandex.MoneyNA
Account base currenciesAvaTrade ▷LiteForex ▷
AUD - Australian DollarNA
CHF - Swiss FrancNA
EUR - Euro
GBP - British Pound
PLN - Polish ZłotyNA
RUB - Russian RoubleNA
USD - U.S. Dollar

Regulators

Company informationAvaTrade ▷LiteForex ▷
Company nameAVA Trade EU LtdLiteForex Investments Limited
Head officeDublin, IrelandMarshall Islands
Incorporation date20062005
RegulatorsAvaTrade ▷LiteForex ▷
AustraliaASIC No. 406684NA
BVICategory 1 - Sub Cat. BNA
CySECNACySec No 093/08
IrelandCBI No. C53877NA
JapanFFAJ No.1574NA
South AfricaFSCA No. 45984NA
UAEADGM No. 190018NA

AvaTrade

79% of retail CFD accounts lose money

LiteForex

83% of retail CFD accounts lose money