Plus500 vs. LiteForex

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

Pros and Cons

Plus500

72% of retail CFD accounts lose money

  • Pros
  • Trade CFDs on all asset classes (except bonds).
  • Trade CFDs on over 1,500 US and international stocks.
  • Negative balance protection for all clients.
  • Get notifications on market events.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No support for MetaTrader 4, 5 or cTrader.
  • No support for automated trading.
  • No PAAM accounts.
  • Awards
  • Best Platform for Cryptocurrencies, 2020 - ADVFN
  • Best Overall Broker, 2019 - Daytrading.com
  • Best Trading App Award, 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 platformsPlus500 ▷LiteForex ▷
MetaTrader 4NA
MetaTrader 5NA
Copy tradingNA
Mirror tradingNA
Other platformsPlus500NA
Operating systemsPlus500 ▷LiteForex ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsPlus500 ▷LiteForex ▷
Bank transfer
Credit card
Debit card
AlipayNA
BitcoinNA
Bitcoin CashNA
Bitcoin GoldNA
bitwalletNA
CashUNA
China UnionPayNA
EthereumNA
LitecoinNA
MoneroNA
MoneyGramNA
MTS.ruNA
NETELLERNA
OKPAYNA
PayeerNA
PayPalNA
Perfect MoneyNA
QIWI WalletNA
Skrill
WebMoneyNA
Western UnionNA
Yandex.MoneyNA
Account base currenciesPlus500 ▷LiteForex ▷
AED - UAE DirhamNA
AUD - Australian DollarNA
CAD - Canadian DollarNA
CHF - Swiss Franc
CNY - Chinese YuanNA
EUR - Euro
GBP - British Pound
HKD - Hong Kong DollarNA
HUF - Hungarian ForintNA
JPY - Japanese YenNA
KWD - Kuwaiti DinarNA
MYR - Malaysian RinggitNA
NOK - Norwegian KroneNA
NZD - New Zealand DollarNA
PHP - Philippine PesoNA
PLN - Polish Złoty
RUB - Russian Rouble
SAR - Saudi RiyalNA
SGD - Singapore DollarNA
THB - Thai BahtNA
USD - U.S. Dollar
ZAR - South African RandNA

Regulators

Company informationPlus500 ▷LiteForex ▷
Company namePlus500 LtdLiteForex Investments Limited
Head officeHaifa, IsraelMarshall Islands
Incorporation date20082005
RegulatorsPlus500 ▷LiteForex ▷
AustraliaAFSL 417727NA
CySECCySEC No 250/14CySec No 093/08
New ZealandFSP No. 486026NA
South AfricaFSP No. 47546NA
SingaporeNo. CMS100648-1NA
UKFCA No. 509909NA

Plus500

72% of retail CFD accounts lose money

LiteForex

83% of retail CFD accounts lose money