VT Markets vs LiteFinance | Which is best 2024 (2024)

VT Markets vs LiteFinance | Which is best 2024 (1)

Review

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VT Markets vs LiteFinance | Which is best 2024 (2)

Review

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VT Markets vs LiteFinance | Which is best 2024 (4) Traders from US not accepted

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Founded in 2015, VT Markets maintains its position as a top Australian multi-asset CFD broker. With 1000+ tradeable instruments and support for the MetaTrader 4 and MetaTrader 5 platforms, this broker delivers a wide range of day trading opportunities to over 200,000 clients worldwide. VT Markets is regulated by the ASIC, FSCA, and SVGFSA.

LiteFinance is an offshore-regulated broker with 55 forex pairs and a range of international stocks as well as a smaller list of indices, commodities and cryptocurrencies. With support for the MetaTrader 4 and MetaTrader 5 platforms as well as a proprietary mobile app, there is a good selection of tools available. The broker offers a Classic commission-free account as well as an ECN account with spreads starting from zero and a commission per lot.

Bonus Offer 50% Welcome Bonus Rebate on payment fees Comment by Reviewer "VT Markets is a great choice for regular traders who are looking for very tight spreads and powerful charting software. The broker's share CFD offering is particularly strong, with hundreds of commission-free assets spanning multiple global markets." "LiteFinance will suit traders seeking high leverage on forex, stocks, commodities, indices and cryptocurrencies. The social trading system will also suit newer investors looking to learn from seasoned traders." Pros
  • Traders can access a range of analysis tools supplied by reputable providers, including Trading Central’s Market Buzz AI tool and a customizable economic calendar
  • Market-leading MetaTrader 4 and MetaTrader 5 charting platforms are offered, with advanced technical capabilities and access to Expert Advisors (EAs)
  • Spreads are competitive based on tests, coming in at 0.2 pips for EUR/USD in the ECN account, aligning with top brands like Pepperstone
  • There’s a strong range of payment methods, including bank wire, credit cards and e-wallets, plus 5 base currencies to choose from
  • VT Markets offers free 90-day demo accounts allowing traders to thoroughly test their short-term strategies
  • A proprietary copy trading service, VTrade, is available on two platforms, with access to 100+ providers
  • You can open an account in less than 5 minutes with just a $100 starting deposit
  • Great trading platform support with MT4, MT5 and a proprietary app
  • Decent suite of extra tools and features including a VPS
  • Fast and reliable customer support based on testing
  • High leverage available up to 1:500
  • Low starting deposit of $50
  • Automated trading via APIs
  • Good range of forex pairs
  • Social trading service
Cons
  • The broker’s bonus schemes have stringent terms and conditions, including restrictions on minimum deposits and payment methods used
  • Unlike similar brands like Fusion Markets, VT Markets does not offer crypto trading
  • Not overseen by any top-tier regulator
  • Some complaints online about difficulties withdrawing funds
  • Wide spreads on the Classic account
  • Does not accept US traders
Awards
  • Best Research House Europe 2022
  • Best Forex Broker Australia 2022
  • Best Forex Customer Service 2022
  • Best Forex Mobile App 2022
  • Most Innovative Online Trading Platform 2022
Instruments CFDs, Forex, Commodities, Stocks, Indices Forex, CFDs, indices, shares, commodities, cryptocurrencies Demo Account Yes Yes Minimum Deposit $200 $50 Trading Platforms
  • MT4
  • MT5
  • TradingView
  • TradingCentral
  • MT4
  • MT5
Payment Methods
  • Alipay
  • Apple Pay
  • Credit Card
  • Debit Card
  • FasaPay
  • Google Wallet
  • Mastercard
  • Neteller
  • Skrill
  • UnionPay
  • Visa
  • Wire Transfer
  • Alipay
  • Bitcoin Payments
  • Ethereum Payments
  • M-Pesa
  • Mastercard
  • Perfect Money
  • Swift
  • Visa
  • WebMoney
Minimum Trade 0.01 Lots 0.01 Lots Regulator ASIC, FSCA, SVGFSA CySEC Margin Trading Yes Yes STP Account Yes No ECN Account Yes Yes DMA Account Yes Yes MAM Account Yes No PAMM Account Yes No LAMM Account No No Demat Account No No AI / Machine Learning No No Robo Advisor No No Negative Balance Protection Yes Yes Market Maker No No P2P Trading No No Spot Trading Yes Yes Mobile Apps iOS & Android iOS & Android App Review

VT Markets offers a bespoke app with 230+ assets including forex. Traders benefit from 24/5 customer support, a welcome deposit bonus, real-time market news, and hassle-free account management. The app is available to download to Android and Apple devices.

Android App Rating

4.3

iOS App Rating

4.6

Auto Trading Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader Copy Trading Yes Yes Copy Trading Platform VT Markets continues to offer copy trading via its proprietary service, VTrade. Followers can choose from 100+ strategy providers through a user-friendly platform, whilst providers can boost their earnings through the rebate scheme. LiteFinance offers a forex copy trading solution with hundreds of master traders. Simply decide how long you want to invest for and the amount, for example, $500 for three months. Social Trading Yes Yes Trade Signals Yes Yes VPS Hosting No Yes Tournaments No No Demo Competitions No Yes Ethical Investing No No Custodial Account No No Guaranteed Stop Loss No No Inactivity Fee $0 Islamic Account Yes Yes Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
Stock Exchanges
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • National Stock Exchange Of India
  • Australian Securities Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Gold
  • Natural Gas
  • Oil
  • Orange Juice
  • Silver
  • Sugar
  • Gold
  • Oil
  • Silver
CFD Trading VT Markets offers over 1000+ CFDs spanning currencies, stocks, indices, ETFs and commodities. The MetaTrader charting platforms provide dozens of technical tools alongside integrated market analysis resources and zero restrictions on short-term trading strategies. CFDs are available on a breadth of assets including stocks, ETFs, indices, commodities and cryptocurrencies with both zero-commission and low-commission, tight spread accounts available. LiteFinance also offers high leverage of up to 1:500, providing significant trading opportunities. Leverage 1:500 1:500 (Crypto 1:50) FTSE Spread From 40 0.8 GBPUSD Spread 0.4 pips 0.8 Oil Spread From 16 5.5 Stocks Spread Variable Variable Forex Trading VT Markets offers an average selection of 40+ forex pairs with up to 1:500 leverage. Forex spreads in the ECN account are highly competitive, starting from 0.0 pips, although the 1.2-pip minimum quotes in the Standard account are a little higher than the likes of Pepperstone or IC Markets. With 55 forex pairs and cross pairs available, including a good selection of minors and exotics, LiteFinance is a good option for forex traders. Although it falls short of some competitors who offer 70 or 80+ forex assets, it offers excellent trading platforms and tools including a VPS. Forex App

VT Markets offers a bespoke app with 230+ assets including forex. Traders benefit from 24/5 customer support, a welcome deposit bonus, real-time market news, and hassle-free account management. The app is available to download to Android and Apple devices.

GBPUSD Spread 0.4 pips 0.8 EURUSD Spread 0.4 pips 0.2 EURGBP Spread 1.4 pips 0.5 Assets 40+ 55 Cryptocurrency Crypto trading not offered LiteFinance offers 62 cryptocurrencies, mostly paired with USD. The list includes some lesser-known tokens with lower market capitalization. However, traders will not directly buy and own the crypto tokens they trade. Spread From 0.1 Coins
  • AAV
  • ADA
  • ALG
  • ALI
  • ATO
  • AVX
  • AXS
  • BCH
  • BNB
  • BTC
  • BTG
  • COM
  • DGE
  • DOT
  • DSH
  • ENJ
  • EOS
  • ETH
  • FIL
  • ICP
  • ILV
  • ITA
  • KAV
  • LNK
  • LTC
  • LUN
  • MKR
  • MNA
  • MTC
  • NEA
  • NEO
  • OMG
  • QTM
  • SIA
  • SND
  • SOL
  • STX
  • THT
  • TRX
  • UNI
  • VET
  • XLM
  • XMR
  • XRP
  • XTZ
  • YFI
  • YGG
  • ZEC
  • ZIL
Crypto Lending No No Crypto Mining No No Crypto Staking No No Auto Market Maker No No

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