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LiteFinance accounts: which entity holds your money
The account you open decides which legal entity and which regulator stand behind it. Here are LiteFinance's accounts with that in mind.
Regulation: CySEC (093/08); Mauritius FSC (GB20025921); international SVG entity incorporated but not locally licensed as a securities dealer. How LiteFinance is regulated
Facts last checked . Read the full LiteFinance review.
Accounts
- Minimum deposit
- $50
- Account types
- Classic, ECN, Islamic/Swap-Free, Demo
- Account currencies
- USD, EUR, selected local currencies available regionally
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, jurisdiction-dependent
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
LiteFinance runs 4 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, selected local currencies available regionally. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about LiteFinance accounts
Which base currencies does LiteFinance support?
LiteFinance accounts can be held in USD, EUR, selected local currencies available regionally. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
What is the minimum deposit at LiteFinance?
The minimum deposit at LiteFinance is $50. It can differ by account type and by the entity you register with.
What account types does LiteFinance offer?
LiteFinance offers 4 account types: Classic, ECN, Islamic/Swap-Free, Demo.
Accounts at brokers under the same regulator
- Eightcap accounts also licensed by CySEC
- XM accounts also licensed by CySEC
- Exness accounts also licensed by CySEC
- HF Markets accounts also licensed by CySEC
- GO Markets accounts also licensed by CySEC