LiteForex – Forex Broker review

LiteForex Review and Rating
LiteForex review

Name: LiteForex Review

Description: LiteForex Investments Ltd is a global forex and CFD broker located in the Marshall Islands. It was founded in 2005, is domiciled in Cyprus and regulated by CySEC. They also have a Marshall Islands branch which is subject to a more flexible, looser regulatory regime.

70%
70 of 100 1 review
  • Support - 80%
    80%
  • Platform - 70%
    70%
  • Insights - 60%
    60%
  • Leverage - 70%
    70%
  • Commission - 70%
    70%

Summary

LiteForex offers forex, stock, indices, commodities and cryptocurrencies for trading on its platforms. With 13 years of experience in the brokerage industry, LiteForex is an established ECN broker. The analysis provided is comprehensive, qualitative and very beneficial to traders as it is quite profoundly researched. There are regular contests and promotions to encourage traders and a load of resources for beginner traders. The broker also supports cryptocurrency trading. Read LiteForex review, rating, and detailed information for their services below.

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User Review
3.67 (3 votes)
Comments Rating 0 (0 reviews)

Pros

  • Regulated brokerage in the EU and UK.
  • Localized offering through local offices.
  • Local offices provide free offline training for beginners.
  • The website is easy to navigate and customer service is responsive.
  • Social trading platform
  • Multilingual client support team

Cons

  • International locations are served through an unregulated jurisdiction.
  • The margin requirement for crypto trading on the EU/UK brand is very high (50%).
  • No service to clients from the United States, Israel, and Japan
  • Not the cheapest commission fees

LiteForex is one of the leading brokerage companies with traders of different levels from all over the world and listed as one of the top 100 companies according to World Finance. There are over half a million LiteForex traders doing business out of offices in several countries. The dealer also pays interest of 3.5% on the balance of your account that is not involved in trading as well, offering a way to increase your profits over time.

LiteForex Detail Information

Company LiteForex Group of Companies, Inc.
Founded in 2005
Offices in Bulgaria, India, Indonesia, Malaysia, Pakistan, Russian Federation, Thailand
Payment options CashU, Credit/debit cards, EgoPay, Liqpay, OKPAY, Perfect Money, QIWI, Skrill, Wallet One, WebMoney, Wire transfer
Demo platforms MetaTrader 4, MetaTrader 5, WebTrader
Account currencies Euro, Russian rouble, Swiss franc, United States dollar
Currency pairs
AUD/CAD AUD/CHF
AUD/JPY AUD/NZD
AUD/USD CAD/CHF
CAD/JPY CHF/JPY
EUR/AUD EUR/CAD
EUR/CHF EUR/GBP
EUR/JPY EUR/NZD
EUR/USD GBP/AUD
GBP/CAD GBP/CHF
GBP/JPY GBP/NZD
GBP/USD NZD/CAD
NZD/CHF NZD/JPY
NZD/USD USD/CAD
USD/CHF USD/CZK
USD/DKK USD/HKD
USD/HUF USD/JPY
USD/MXN USD/NOK
USD/PLN USD/SEK
USD/SGD USD/ZAR
XPD/USD XPT/USD
Regulated by RAFMM
Website available in Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Thai
Support available in Bengali/Bangla, Czech, English, Indonesian, Malay, Russian
Support methods Callback, Forum, Live Chat, Phone
Trading server time zone GMT+3
VPS for traders $15/month
Rebates per 1 std. lot $15

LiteForex Features

  • The interest rate on funds
  • Bonus offers
  • Trading contests
  • PAMM accounts
  • LAMM accounts
  • Affiliate program
  • Islamic accounts available

Account Types

  • Cent Account
    • Cent account
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Classic Account
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • ECN Account
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • PAMM Account
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
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2 thoughts on “LiteForex – Forex Broker review”

  1. If you tried to find good broker with perfect support and fast withdraw you need try to trade with liteforex. I have two trading account with this broker cent and ECN. Cent account I am using for tests and ECN account i am using for my general trading. on cent account I have re-quotes sometimes, but on ECN account I do not have any problems, and I earn money with this broker. you can trust them.

    Reply
  2. Everyday I read useful economic news from this broker. It helps me to make my trading more better. LiteForex think about traders and help us in trading.

    Reply

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