LiteForex – Forex Broker Review and feedback from traders

Min. deposit
50$
Min. trade price
0.01$
Website address
liteforex.com
Demo account
Yes
Currency
CHF EUR RUB USD
Supported languages
Eng Rus
Active
Yes
* The amount that will be credited to the account in the case of a successful deal
General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 3.9,
according to 96 reviews

4.5 Stars
Hayden
Hayden
stars
au
Low fees, low spread, fast and safe deposit and withdrawal... there is nothing to criticize

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Tuấn Anh Hoàng Lê
Tuấn Anh Hoàng Lê
stars
tr
Liteforex's copytrade platform is really easy to use, great support

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Đặng Thụy Dương
Đặng Thụy Dương
stars
gb
So good Broker....

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Hong Fong Lee
Hong Fong Lee
stars
tw
This week, I copied one master trader and they make the 20% profit. I withdraw for testing and very fast, within 48 working hours, I received my amount in the bank account.

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Đặng Thụy Dương
Đặng Thụy Dương
stars
gb
Although I am new to trading in Lite, this is a great broker, the best choice, a reliable place in trading and good liquidity, should trade.

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Lucas
Lucas
stars
ca
This is a reputable broker, transparent in customer transactions. Continuous customer support, extremely fast transactions. I think this is the broker you need.

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Jasone
Jasone
stars
kh
This is my best choice. Withdrawals are always fast and without any additional checks. I would also like to note the fast execution of trade orders. Hopefully in the future.

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Laizersaiguran
Laizersaiguran
stars
tz
Congratulations for coming back This what big company can do It's best company to Invest

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Drecșan Claudiu
Drecșan Claudiu
stars
gb
I registered 2 weeks ago, immediately after the server crashed for a period of 1 week, yesterday I requested the transfer via skrill and today I received them. I thought I would not be able to request withdrawal for a while after how many problems they had with the server but it turned out to be legit and trustworthy. @CLAUDRE

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Pendekar
Pendekar
stars
my
trusted broker in malaysia

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wish
wish
stars
bn
i take back my 1 star and give 5 stars because they manage to solve all the problems even it takes long time to solve it, but the most important is.. i get my refund, i get my money back from the losses because of that server down, i will continue using this broker.

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Ajcharkul Chotisaksakul
Ajcharkul Chotisaksakul
stars
th
I love copy trade from Lite Forex.

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The Icon Swan Park
The Icon Swan Park
stars
au
LiteForex is the best Forex borker, they have support 24/24 when you have trouble with you account, they will provided daily strategy for newbie. Thank you LiteForex

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Heney Jack
Heney Jack
stars
hk
my friend introudce the copy trade from LiteFinance for me . I tried and started earning money from 2 weeks ago. The services are stable and the list of Master TRaders are very professional.

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Wiccy
Wiccy
stars
vn
good good good

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Trần Minh Tâm
Trần Minh Tâm
stars
cn
the best spread and support is always helpful i cant change this broke for so many reasons and i recommend for every trader

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Phúc Phung
Phúc Phung
stars
vn
An excellent broker with good conditions for trading.

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RealXmmg
RealXmmg
stars
gh
for now i can say its one of the best brokers i always get my money within an hour or lets say a day.it has never exceeded a day i have no complains yet...i will be back later if i do encounter any problem.peace

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Jun
Jun
stars
tr
Liteforex is the safest place to trade ever. Here comes the very stable MT4 system. Support a lot of bonus programs when trading. I will invest long term at Liteforex

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Nadir
Nadir
stars
ch
This is the broker I can trust. Withdrawals are always fast and without any additional checks. I would also like to note the fast execution of trade orders. Hopefully in the future, their market analysis app will get better.

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Review of famous brokerage companies: LiteForex

The choice of a reliable broker offering the most favorable terms of cooperation is the main task of every novice trader. Unfortunately, in this case, there is no universal algorithm that allows to distinguish fraudsters from decent participants in the global financial market. Therefore, many newbies often fall prey to swindlers and lose interest in online trading forever. In order to avoid such problems, it is necessary to carefully analyze the key performance indicators of the broker, using reliable sources of information. Do not blindly trust reviews on the Internet, if the author does not provide real evidence of fraud. Before starting to study the service, you need to carefully check the “black lists of brokers” and find out the real “age” of the company. The last indicator is very important, because fraudsters are trying, as soon as possible, to turn their scam and forever leave the already unnecessary web resource. Using the example of the well-known LiteForex trading platform, let’s see what characteristics of the service indicate its reliability and readiness to fulfill its obligations.

 

LiteForex Broker review

 

 What attracts traders company LiteForex

The represented company (more precisely, two legal entities – LiteForex Investments and Limited Liteforex (Europe) Limited) began its activities in 2005. From the first days of its existence, the broker used non-standard methods to attract new customers. To do this, the creators of the service have developed a system of cent accounts and reduced the minimum amount of the initial deposit to $ 1. As a result, the company for a short period of time, becomes known in almost all countries where they were interested in trading in the Forex market. Hundreds of thousands of users had the opportunity to engage in online trading without fear of fraud or other unpleasant “surprises” from the administration of the resource.

Safety of LiteForex traders

The company in question has been providing financial services for more than 10 years. During this time, hundreds of thousands of traders from almost all corners of our planet became its clients. Applications based on MT4 and MT5 platforms created for LiteForex allow you to work on the broker’s website using mobile devices or a regular computer. At the same time, users do not have to worry about the safety of funds or personal information.

Traders’ deposits are stored in separate accounts, which allows you to finish trading at any time and receive your money. Additionally, to ensure the safety of the client’s funds, insurance and protection against negative balance are applied.

Regulators LiteForex

Experienced traders believe that the main factor to ensure the safety of users of the trading platform are the specialized agencies, which carefully check the broker and issue him the appropriate license. In this case, the work of the LiteForex group of companies is regulated in accordance with:

1. Marshall Islands Business Corporation Act.

2. MiFID (Directive on markets and financial instruments).

3. The rules of the Cyprus Commission on stock exchanges and securities (CySEC).

This is quite enough to safely register a login and make trade and financial operations at LiteForex.

LiteForex education

In the “Beginners” section of the company’s official website, you can find training materials that will help beginners understand how the global financial market functions and what needs to be done to turn it into a source of profit. With the help of a general educational program, e-books / textbooks and a glossary, even a person with a zero level of training can obtain the necessary theoretical knowledge. After that, you can proceed to the study of trading strategies and indicators (these sections will interest not only beginners, but also experienced traders).

Practical training of resource users is carried out using a demo account developed by LiteForex specialists. This tool allows you to see how deals are made, how much their performance depends on the trader, what mistakes they most often make, etc.

LiteForex broker requirements for its clients

Besides the training account, the company’s website provides for:

● CLASSIC. Trading account with a minimum deposit of $ 50, no commission, with a floating spread of 1.8 points.

● ECN. The minimum deposit of $ 50, interest is charged on the balance (2.5% per annum), the maximum amount of commissions is $ 5 per lot, a spread of 0.1 p.

Regardless of the type of accounts chosen, traders can copy the deals of successful colleagues (social trading).

Trading conditions on LiteForex

Studying reviews compiled about LiteForex, we can conclude that the majority of resource users find the work on this platform comfortable and quite effective. This was made possible due to the following conditions:

● The minimum deposit amount is $ 50.

● Currencies: euro, Swiss franc, US dollar, Russian ruble.

● Minimum transaction – from 0.01.

● Leverage – 1: 500 – 1: 1.

● Affiliate program – provided.

● Islamic account – is.

● Maximum contract size – $ 100 thousand.

● Personal Manager – provided.

Deposit and withdrawal of funds LiteForex

● Perfect Money.

● EasyPay.

● Neteller.

● Skrill

● CashU.

● Webmoney.

● Yandex money.

● EgoPay.

● OKPAY.

● W1.

● Bank transfers.

● Cryptocurrencies.

● Payment cards.

LiteForex assets

Many traders leave positive comments about LiteForex, focusing on the large selection of trading assets offered by the brokerage company to its customers. Their list includes: currency pairs, precious metals, raw materials, indices, cryptocurrencies, CFD contracts.

Based on the above information, we can conclude that the broker is a reliable company, which is simply not profitable to break agreements with its customers. A good reputation in this business costs much more than a few thousand dollars saved by traders.

General Risk Warning: Your capital might be at risk