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Head to head

LiteFinance (LiteForex) vs WM Markets

LiteFinance (LiteForex) is licensed by CySEC in the European Union. WM 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 WM Markets. Both offer negative balance protection and segregated client money.

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

LiteFinance (LiteForex) profileWM 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
WM MarketsRead the profile
Comparing
LiteFinance (LiteForex)European Union
WM Markets

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Limassol, Cyprus (EU company)
Fomboni, Mwali (Comoros)
Official websites
  • litefinance.org
  • liteforex.eu
  • liteforex.pl
  • wmmarkets.com
  • en.wmmarkets.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
Yes
Negative balance protection
Yes
Yes
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
Yes

Leverage and margin

Maximum retail leverage
1:30 on major pairs for EU retail clients (ESMA rules); global leverage not checked
Up to 1:2000 (dynamic, set per instrument)
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)
20%

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
  • WM Markets mobile app
  • MT4 WebTrader
Markets
Currency pairs, stock indices, commodities and share CFDs (NYSE and Nasdaq)
CFDs on forex, metals, indices, energies, commodities, treasuries, shares, ETFs and cryptocurrencies
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
Not yet checked
Withdrawal fee
Card payments are processed with 0% commission and LiteForex says it refunds deposit fees on all methods (EU company)
Not published; the agreement allows transfer-related and termination fees
Inactivity fee
€3 a month on dormant accounts (EU company)
Accounts with no trading for six months are disabled and may pay maintenance charges (amount not published)

Support

Customer support
24-hour support by live chat
24/5 multilingual support by live chat

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
  • Negative balance protection is written into the client agreement
  • The agreement says client money is kept apart from the company's own funds
  • Says it holds a client funds insurance policy of up to $1,000,000
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 WM Markets Ltd holds MISA licence BFX2024009; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • The agreement gives the company a lien over client assets and lets it pledge or reinvest assets held for clients
  • Leverage up to 1:2000, and payment methods and withdrawal fees are not listed on the public website
  • Inactive accounts are disabled after six months and may be charged maintenance fees that are not published

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:

  • WM Markets: Contracts for Difference (CFD) are complex financial instruments carrying a substantial level of risk and may not be suitable for all investors, as may result in the loss of all invested capital rapidly due to leverage. You should consider whether you understand how CFDs work, your investment objectives, level of experience, risk appetite, and, if necessary, seek advice from an independent financial advisor.

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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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