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Head to head

LiteFinance (LiteForex) vs Pepperstone

LiteFinance (LiteForex) is licensed by CySEC in the European Union. Pepperstone is licensed by ASIC in Australia; FCA in the United Kingdom; CySEC in the European Union; BaFin in Germany; DFSA in Dubai (DIFC), UAE and SCB in The Bahamas. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $50 at LiteFinance (LiteForex) and $0 at Pepperstone. Both offer negative balance protection and segregated client money.

Facts last checked: LiteFinance (LiteForex) on 20 October 2026, Pepperstone on 20 October 2026.

LiteFinance (LiteForex) profilePepperstone profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
LiteFinance (LiteForex)Strictly regulatedRead the profile
PepperstoneStrictly regulatedRead the profile
Comparing
LiteFinance (LiteForex)European Union
PepperstoneAustralia

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Limassol, Cyprus (EU company)
Melbourne, Australia
Official websites
  • litefinance.org
  • liteforex.eu
  • liteforex.pl
  • pepperstone.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Liteforex (Europe) Ltd
Pepperstone Group Limited
Regulator
CySEC
European Union
ASIC
Australia
Regulation level
Strictly regulated
Strictly regulated
Licence number
093/08
Check the register
AFSL 414530
Check the register
Clients this company serves
Residents of the EEA (the EU site also lists the UAE and the Marshall Islands)
Australian residents
All licences held
  • CySEC (European Union)
  • ASIC (Australia)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • BaFin (Germany)
  • DFSA (Dubai (DIFC), UAE)
  • SCB (The Bahamas)
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible retail clients of Liteforex (Europe) Ltd
FSCS up to £85,000 (UK); ICF up to €20,000 (Pepperstone EU); none for the Bahamas company

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Not yet checked
Not yet checked

Leverage and margin

Maximum retail leverage
1:30 on major pairs for EU retail clients (ESMA rules); global leverage not checked
1:30 on major pairs (UK, EU, Australia)
Retail leverage by asset class
  • Major currency pairs: 1:30 (EU company)
  • Other currency pairs, gold and major indices: 1:20 (EU company)
  • Major currency pairs: 1:30
  • Other currency pairs: 1:20
  • Other commodities and non-major indices: 1:10
  • Share CFDs: 1:5
Margin call level
100% (EU company)
Not yet checked
Stop-out level
50% (EU company)
50% (MT4 and MT5)

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Pepperstone platform
  • Mobile app
Markets
Currency pairs, stock indices, commodities and share CFDs (NYSE and Nasdaq)
90+ forex pairs, indices, commodities, share CFDs, ETFs, currency indices and crypto CFDs (not for UK retail)
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Yes
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Visa and Mastercard cards
  • Bank transfer
  • E-payment systems
  • Debit card
  • Credit card
  • Apple Pay
  • Google Pay
  • Bank transfer
Withdrawal fee
Card payments are processed with 0% commission and LiteForex says it refunds deposit fees on all methods (EU company)
Free by card, Apple Pay, Google Pay and bank transfer (UK)
Inactivity fee
€3 a month on dormant accounts (EU company)
Not yet checked

Support

Customer support
24-hour support by live chat
24 hours Monday to Friday and 18 hours at weekends

Our notes

Strengths
  • EU company licensed by CySEC since 2008, with Cyprus Investor Compensation Fund cover
  • Negative balance protection on both EU account types
  • $50 minimum deposit and a choice of MT4 or MT5
  • Licensed by four strict regulators (ASIC, FCA, CySEC, BaFin), with retail money held in segregated accounts
  • Negative balance protection for retail clients
  • Razor account commission is published per currency (for example £2.25 per lot per side on GBP accounts)
  • No minimum deposit for bank transfers in the UK, and free withdrawals
Watch out for
  • Says LiteFinance Investment Limited holds Mauritius FSC licence GB20025921; we could not confirm it on the FSC Mauritius register on 2026-10-20, because the register blocked our access
  • Clients outside the EEA deal with LiteFinance Global LLC, a St Vincent and the Grenadines company with no financial licence
  • litefinance.org could not be reached from our network on 2026-10-20, so we have not checked the global company's accounts, leverage or fees
  • Dormant EU accounts are charged €3 a month
  • Says Pepperstone Markets Kenya Limited holds CMA licence 128; we could not confirm it on the Capital Markets Authority register on 2026-10-20 because the CMA website was unavailable.
  • Says Pepperstone Financial Services LLC holds UAE CMA licence 20200000358 for introduction and financial consultation; we could not confirm it on the regulator's register on 2026-10-20.
  • Clients outside the UK, EU and Australia may be placed with the Bahamas company, which has no compensation scheme
  • Pepperstone publishes minimum spreads, not typical spreads; Pro clients lose negative balance protection

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Pepperstone: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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