LiteForex vs. FXPRIMUS

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
FXPRIMUS

70% of retail CFD accounts lose money

  • Pros
  • ECN trading capabilities.
  • Negative balance protection for all clients.
  • Account base currencies: EUR, USD, GBP, SGD, PLN, ZAR.
  • Cons
  • Only supports MetaTrader 4.
  • Doesn’t support CFDs on bonds or ETFs.
  • Awards
  • Most Trusted Broker in South East Asia & Africa
  • Best Training and Education Provider, 2016 - MENA
  • Most Trusted Broker, 2015 - MENA

Trading platforms

Trading platformsLiteForex ▷FXPRIMUS ▷
MetaTrader 4
MetaTrader 5NA
Copy trading
Mirror trading
Operating systemsLiteForex ▷FXPRIMUS ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsLiteForex ▷FXPRIMUS ▷
Bank transfer
Credit card
Debit card
AlipayNA
Bitcoin
Bitcoin CashNA
Bitcoin GoldNA
bitwalletNA
CashUNA
China UnionPay
EthereumNA
FasaPayNA
LitecoinNA
MoneroNA
MoneyGramNA
MTS.ruNA
NETELLER
OKPAYNA
PayeerNA
Perfect MoneyNA
QIWI WalletNA
Skrill
WebMoneyNA
Western UnionNA
Yandex.MoneyNA
Account base currenciesLiteForex ▷FXPRIMUS ▷
CHF - Swiss FrancNA
EUR - Euro
GBP - British Pound
PLN - Polish Złoty
RUB - Russian RoubleNA
SGD - Singapore DollarNA
USD - U.S. Dollar
ZAR - South African RandNA

Regulators

Company informationLiteForex ▷FXPRIMUS ▷
Company nameLiteForex Investments LimitedFxPrimus Europe (CY) Ltd
Head officeMarshall IslandsLimassol, Cyprus
Incorporation date20052009
RegulatorsLiteForex ▷FXPRIMUS ▷
CySECCySec No 093/08CySEC No. 261/14
South AfricaNAFSCA No. 46675
VanuatuNAVFSC No. 14595

LiteForex

83% of retail CFD accounts lose money

FXPRIMUS

70% of retail CFD accounts lose money