LiteForex vs. FP Markets

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

Pros and Cons

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
FP Markets

  • Pros
  • Trade CFDs on over 10,000 instruments, including U.S. and international stocks.
  • Trade on MetaTrader 4, 5 or Iress.
  • All Expert Advisors allowed.
  • Leverage up to 1:500.
  • Over 15 account base currencies (including USD).
  • Cons
  • AUD 10 withdrawal fee on international withdrawals.
  • Platform fees apply for IressTrader/ViewPoint.
  • Awards
  • Best Trade Execution
  • Most Satisfied Traders
  • Best Value Global Broker

Trading platforms

Trading platformsLiteForex ▷FP Markets ▷
MetaTrader 4
MetaTrader 5
cTraderNA
CurrenexNA
Copy trading
Mirror trading
Other platformsNAIRESS
Operating systemsLiteForex ▷FP Markets ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsLiteForex ▷FP Markets ▷
Bank transfer
Broker to brokerNA
Credit card
Debit card
AlipayNA
BitcoinNA
Bitcoin CashNA
Bitcoin GoldNA
bitwalletNA
BPAYNA
CashUNA
China UnionPay
EthereumNA
FasaPayNA
LitecoinNA
MoneroNA
MoneyGramNA
MTS.ruNA
NETELLER
Ngân LượngNA
OKPAYNA
PayeerNA
PayPalNA
Paytrust88NA
Perfect MoneyNA
QIWI WalletNA
Skrill
WebMoneyNA
Western UnionNA
Yandex.MoneyNA
Account base currenciesLiteForex ▷FP Markets ▷
AUD - Australian DollarNA
CAD - Canadian DollarNA
CHF - Swiss Franc
CNY - Chinese YuanNA
EUR - Euro
GBP - British Pound
HKD - Hong Kong DollarNA
IDR - Indonesian rupiahNA
JPY - Japanese YenNA
MYR - Malaysian RinggitNA
NZD - New Zealand DollarNA
PLN - Polish Złoty
RUB - Russian RoubleNA
SGD - Singapore DollarNA
THB - Thai BahtNA
USD - U.S. Dollar
VND - Vietnamese DongNA

Regulators

Company informationLiteForex ▷FP Markets ▷
Company nameLiteForex Investments LimitedFP Markets Pty Ltd
Head officeMarshall IslandsSydney, Australia
Incorporation date20052005
RegulatorsLiteForex ▷FP Markets ▷
AustraliaNAAFS No. 286354
CySECCySec No 093/08No. 371/18

LiteForex

83% of retail CFD accounts lose money