LiteForex vs YCM-Invest

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, LiteForex currently holds a lower overall rating (3.4) compared to YCM-Invest (4.2). LiteForex has a lower minimum deposit, at 50.0. Both platforms offer their clients mobile trading, scalping. Traders should note that both companies offer the same minimum (0.01) and maximum lot size (100.0). LiteForex offers a lower maximum leverage of 1:30, whereas YCM-Invest allows trading with up to 1:100.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
3.4/5 (33 reviews)
3.6/5
3.3/5
3.2/5
3.4/5
4.2/5 (1 reviews)
5/5
5/5
3/5
4/5
Minimum deposit ($) 50.0 20000.0
Commission 0.0 0.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 100.0 100.0
Spread Variable Variable
Broker type ECN STP, ECN, Matched Principal, Pro
Maximal leverage (1:?) 30 100
Availability ECN STP, ECN, Matched Principal, Pro
Regulation CySEC (Cyprus) FCA (UK)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Debit Card, Neteller, Skrill Wire Transfer
Account Currency USD, EUR USD, GBP, EUR
Languages English, Spanish, French, German, Portuguese, Italian English, French, Russian
Country Cyprus United Kingdom
Trading platform(s) timezone Cyprus United Kingdom
Other trading instruments Stocks, Precious Metals Futures, Indices, Commodities, Energies, CFDs
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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