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Head to head

LiteFinance (LiteForex) vs Wingo Markets

LiteFinance (LiteForex) is licensed by CySEC in the European Union. Wingo Markets has no licence we could confirm on a regulator's register. 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 $50 at Wingo Markets. Only LiteFinance (LiteForex) offers negative balance protection and segregated client money.

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

LiteFinance (LiteForex) profileWingo Markets 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
Wingo MarketsRead the profile
Comparing
LiteFinance (LiteForex)European Union
Wingo Markets

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Limassol, Cyprus (EU company)
Podgorica, Montenegro (registered office); company incorporated in Mwali, Comoros
Official websites
  • litefinance.org
  • liteforex.eu
  • liteforex.pl
  • wingomarkets.com
  • clientx.wingomarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Liteforex (Europe) Ltd
No licence listed
Regulator
CySEC
European Union
No licence listed
Regulation level
Strictly regulated
No licence listed
Licence number
093/08
Check the register
No licence listed
Clients this company serves
Residents of the EEA (the EU site also lists the UAE and the Marshall Islands)
No licence listed
All licences held
  • CySEC (European Union)
None listed
Segregated client money
Yes
No
Negative balance protection
Yes
No
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible retail clients of Liteforex (Europe) Ltd
None

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
1:500
Retail leverage by asset class
  • Major currency pairs: 1:30 (EU company)
  • Other currency pairs, gold and major indices: 1:20 (EU company)
Not yet checked
Margin call level
100% (EU company)
100%
Stop-out level
50% (EU company)
30%

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 5
  • Web platform
  • Mobile app
Markets
Currency pairs, stock indices, commodities and share CFDs (NYSE and Nasdaq)
Forex, metals, oil, indices, crypto and share CFDs (the broker says 1,000+ instruments)
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
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
  • Wingo Pay
  • Mastercard
  • USDT (TRC20)
  • USDT (BEP20)
  • Volet
  • AdvCash
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
Phone, email and Telegram

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
  • Low published minimum deposit ($50 on the Starter account)
  • Account conditions, margin call and stop-out levels are published for every account
  • Social trading account for copying other traders
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 it holds International Brokerage and Clearing House licence T2023302 from the Mwali International Services Authority (MISA); we could not confirm it on MISA's register on 2026-10-20 because the register site blocked our access.
  • The Central Bank of the Comoros said on 8 December 2025 that MISA is not recognised in the Union of the Comoros and has no legal power to issue financial licences.
  • FinCEN registration as a money services business is an anti-money-laundering registration, not a licence to offer trading
  • Leverage up to 1:500 and no published 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:

  • Wingo Markets: Trading derivatives and leveraged products involves a high level of risk and may not be suitable for all investors. Before trading, please ensure that you fully understand the risks involved and only trade with money you can afford to lose.

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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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