LiteFinance vs Saxo
By Akash · Facts re-checked (UTC)
Here is how LiteFinance and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| LiteFinance | Saxo | |
|---|---|---|
| Regulators | CySEC | Danish FSA, FCA |
| Minimum deposit | $50 (Classic, ECN); $10 (Cent) | No minimum deposit (individual account) |
| Spreads from | 0.0 points (ECN) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | – | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | Up to 1:1000 (LiteFinance Investment Limited) | – |
| Platforms | MetaTrader 4, MetaTrader 5, LiteFinance platform | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: LiteFinance review · Saxo review
Frequently asked questions
What is the minimum deposit at LiteFinance and Saxo?
LiteFinance: $50 (Classic, ECN); $10 (Cent). Saxo: No minimum deposit (individual account).
Are LiteFinance and Saxo regulated?
LiteFinance: CySEC. Saxo: Danish FSA, FCA.
Which has tighter spreads, LiteFinance or Saxo?
Published spreads start from 0.0 points (ECN) at LiteFinance and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: LiteFinance none listed, Saxo USD 3 fixed commission on FX trades under 50,000 units.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more