2.75 4 Reviews
2.75

LiteForex Review Summary

Renown brokerage for CFDs and fx. You may trade via MT4 and MT5 with numerous funding methods. You get insight for the sign-up procedure, you can contact client service, you get various offers and advantages...

LiteForex Review Highlights

Trading Platform: MetaTrader4/5, Sirix
Cryptocurrencies Yes
Regulator CySec
Minimum Initial Deposit $10
Leverage 1:1000

Pros & Cons

Pros
  • Overseen by Cysec
  • Copy trading option
  • Social trading
  • Automated trade – APIs
  • Good customer reviews
  • Breadth of assets and trading tools
Cons
  • Inability to withdraw funds for some people, but this gets sorted out quickly.
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FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

The firm was established in 2005 and made fx marketplaces open, simple and secure for everyone around the globe. They introduced cent accounts with the initial deposits of one dollars and that made fx trading open to thousands of people. They are one of the biggest names in trading today and were one of the best 100 companies by World Finance, and they have entities around the globe.

The company gives traders access to the renown MT4 and MT5 platforms. Also, they have mobile apps on offer which can be easily downloaded and used anytime, anywhere. One of the other platforms offered is Sirix, known as a very advanced platform that can be downloaded simply and provides people with social trading options, so you can follow experts, copy their trades and diversify your portfolio.

The min. deposit at firs is ten dollars, while the max leverage id 1:1000. These terms are great for novices and give them trading without uncertainties. The trial account amount to zero and is offered to novices. For funding your account and withdrawing money, you have over fifty methods you can use, but some of the most used ones are Skrill, WebMoney, bank wires, credit cards, debit cards. There is no withdrawal restriction and these requests are processed automatically, which means you wait less. LiteForex also provides Islamic swap-free accounts.

As a user, you get around-the-clock support and tech assistance during business days. You can access the broker via LiveChat and get a personal manager. Naturally, all of this earned them an accolade as the best provider of customer support. All clients get access to skilled employees and their private data is secure, because the broker uses HTTPS data encryption which is utilized in Personal Profiles and offers secure transfer of info between the trader and server.

Official LiteForex Registration

Founded: 2005
Broker Type: ECN
Languages Supported: EN, ES, PT, RU, IN, VI, MS, TH
Trading Instruments: Metals, Currencies, Indices, Energies, CFD, CFD_RU
Account Types: Two account types
Expert Advisors: Yes
Social Trading: Yes
Hedging: Yes
Scalping: Yes
Commission: Yes
Inactivity Fee: None
Swap-Free Account: Yes
Mobile Apps: Yes
Demo Account: Yes
Prohibited Countries: United States, Japan, Israel
Trading Fees: Yes, variable
Withdrawal Fees: Yes, minimal
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FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

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LiteForex Reviews

4 Reviews for LiteForex

  • Larry says:

    I consistently get better executions than with any other broker. Other brokers try and get you to sign up with ‘free’ trades. Hah! They are not providing true best execution—they sell your order to another broker and do not get better executions. LiteForex has order types that find liquidity and get you a better price.
    Portfolio Analyst is a great piece of software for reporting my portfolio. I can chart my returns against broader market indexes and there is risk analysis that reveals Value at Risk (VAR), both products are free!

  • Jack Mill says:

    Not a scam site. But a greedy one and 9 times out of 10 u wont get anything from it even if you are a damn good trader. the website sucks in general. only pros is user-friendly. End of story. leaving as soon as I can

  • Lee says:

    Not enough staff to cope with the enquiries that would inevitably have increased after the December market

  • Gordan M says:

    Very easy to trade although the interface needs a bit of refining and clarity provided on the varying spreads offered and account setup etc.

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FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

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