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Head to head

LiteFinance (LiteForex) vs Saxo

LiteFinance (LiteForex) is licensed by CySEC in the European Union. Saxo is licensed by Danish FSA (Finanstilsynet) in Denmark / European Union, FCA in the United Kingdom, FINMA in Switzerland, MAS in Singapore, CONSOB in Italy and JFSA in Japan. 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 Saxo. Both offer negative balance protection and segregated client money.

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

LiteFinance (LiteForex) profileSaxo 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
SaxoStrictly regulatedRead the profile
Comparing
LiteFinance (LiteForex)European Union
SaxoDenmark / European Union

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Limassol, Cyprus (EU company)
Hellerup, Denmark
Official websites
  • litefinance.org
  • liteforex.eu
  • liteforex.pl
  • home.saxo
  • www.home.saxo
  • bgsaxo.it
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Liteforex (Europe) Ltd
Saxo Bank A/S
Regulator
CySEC
European Union
Danish FSA (Finanstilsynet)
Denmark / European Union
Regulation level
Strictly regulated
Strictly regulated
Licence number
093/08
Check the register
Bank licence 1149
Check the register
Clients this company serves
Residents of the EEA (the EU site also lists the UAE and the Marshall Islands)
Clients in Denmark and other countries not served by a local Saxo subsidiary, including those served through its French, Dutch, Belgian and Czech branches
All licences held
  • CySEC (European Union)
  • Danish FSA (Finanstilsynet) (Denmark / European Union)
  • FCA (United Kingdom)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • CONSOB (Italy)
  • JFSA (Japan)
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible retail clients of Liteforex (Europe) Ltd
Danish Guarantee Fund: cash deposits up to €100,000 and investor cover up to €20,000 (Saxo Bank A/S); FSCS up to £85,000 (UK); local schemes for other subsidiaries

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)
Retail leverage by asset class
  • Major currency pairs: 1:30 (EU company)
  • Other currency pairs, gold and major indices: 1:20 (EU company)
  • EUR/USD (3.33% initial margin, UK): 1:30
  • GBP/USD and USD/JPY (4% initial margin, UK): 1:25
Margin call level
100% (EU company)
Not yet checked
Stop-out level
50% (EU company)
50% (UK and EU retail close-out rule)

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
  • SaxoTraderGO
  • SaxoTraderPRO
  • SaxoInvestor
  • Mobile app
  • TradingView
Markets
Currency pairs, stock indices, commodities and share CFDs (NYSE and Nasdaq)
185+ FX pairs, FX options, CFDs, 23,000+ stocks, 7,400+ ETFs, bonds, futures and listed options
Demo account
Yes
Yes
Copy trading
Not yet checked
Not yet checked
Expert advisors (automated trading)
Yes
Not yet checked
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
  • Bank transfer
Withdrawal fee
Card payments are processed with 0% commission and LiteForex says it refunds deposit fees on all methods (EU company)
Not yet checked
Inactivity fee
€3 a month on dormant accounts (EU company)
Not yet checked

Support

Customer support
24-hour support by live chat
24-hour support while markets are open; relationship managers for larger clients

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
  • Parent company is a Danish bank classed as systemically important, with bank licences in Denmark and Switzerland
  • Every listed company is authorised by a strict regulator
  • No minimum funding in the UK, and negative balance protection for retail clients
  • Forex, stocks, bonds, futures and options in one account
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
  • Saxo publishes minimum spreads, not typical spreads, and prices vary by account tier and country
  • No MetaTrader; trading runs on Saxo's own platforms or TradingView
  • BG SAXO SIM was checked on CONSOB's published list of registered SIMs (February 2025 edition); the live CONSOB register blocked our access on 2026-10-20

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:

  • Saxo: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

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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