LiteForex Broker

Overview

LiteForex Trading Accounts

Rank
7.11/10
Based on 10 Reviews
Position in Rating
31
Since 06 August, 2015
Vote
LiteForex Investments Limited - Financial company that provides brokerage services in the Forex market as well. It was registered in 2005 at the Marshall Islands, has a regulation under the Marshall Islands Business Corporation Act. LiteForex from the beginning was oriented to affordable, safe, simple and reliable Forex trading from any country. It was they who created the first service concept of cent accounts with a reduced deposit. That eventually led to a revolution in the Forex market, the hundreds of thousands customers now were able to trade on such conditions that have no one to provide before.
Read more Read less

Rating chart

Detailed Information

Min. Position Size, lot:
0.01
Min. Account Size, $:
1
Max. Leverage
1:1000
Spread:
0.2
Payment Options:
WebMoney, QIWI, FasaPay, Neteller, Skrill (Moneybookers), Bank Wire Transfer, Visa \ MasterCard, CashU, Western Union, Wallet One, OKPay
Regulation:
RAFMM
US Traders:
Demo Platforms:
MetaTrader 4, MetaTrader 5, WebPlatform
Account Currency:

USD, EUR, GBP, AUD, CAD, CHF, DKK, JPY, NZD, PLN, SGD, CCK, HKD, HUF, MXN, NOK, SEK, TRY, ZAR, HRK, XAU, XAG, RUB

Website Languages:
English, Spanish, Russian, German, Portuguese, French, Arabic, Indonesian, Chinese, Italian, Polish, Greek
Support Languages:
English, Spanish, Arabic, Indonesian
Support Methods:
Callback, Phone, Email, Live chat
Trading Server Timezone:
GMT +3
VPS for Traders:
$15/month
Cent
Classic
ECN
PAMM
Min. Position Size, lot:
0.1
Min. Account Size, $:
10
Maximum leverage, 1:
1000
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
0.2
Min. spread on EUR/USD, pips:
0.2
Trading Instruments:
Forex — 1:1000
Gold & silver — 1:1000
CFD — 1:1000
Trading Platforms:
MetaTrader 4, MetaTrader 5
Digits after the decimal point in quotes:
5
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.1
Min. Account Size, $:
100
Maximum leverage, 1:
500
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:500
Gold & silver — 1:200
CFD — 1:200
Trading Platforms:
MetaTrader 4, MetaTrader 5
Digits after the decimal point in quotes:
5
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
500
Maximum leverage, 1:
400
Spread Type:
Variable
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
0.9
Trading Instruments:
Forex — 1:400
Gold & silver — 1:400
CFD — 1:400
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.1
Min. Account Size, $:
200
Maximum leverage, 1:
200
Spread Type:
Variable
Typical spread on EUR/USD, pips:
3.0
Min. spread on EUR/USD, pips:
0.9
Trading Instruments:
Forex — 1:200
Gold & silver — 1:200
CFD — 1:200
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors

LiteForex Reviews

avatar
01 November, 2016

Janet from United Kingdom

9

Good brokerage. They have fast withdrawals and they gave me chance to trade in socialtrading service by using non deposit bonus. this is my favourite broker

avatar
27 July, 2016

mathew from Central African Republic

10

They claim that you never get re-quotes during working hours. Unfortunately, that is not as honest as it was said. When I make request to open position, i still have not instant execution. Bid and ask prices move between each request and next tick. After that, i have not accepted order and get another price by which i can buy or sell currency pair. In FAQ section on the website is clear statement that no re-quotes in volatile market. I can proof there are plenty of them. I loose opportunities to open positive trades that will bring me profit. Instead, you miss good prices and finally not enter the market because it's too late. No re-quotes mean no other price when you open position. But It’s not work this way with SHK Financial.

avatar
27 July, 2016

sanders from British Indian Ocean Territory

I found LiteForex on the internet. They are professional in problems solving and also they have good website with free analysis which is useful for me. I think it is a nice broker for green traders like me because they support micro accounts and have fast financial services system so no need to wait weeks to start trading or deposit.

avatar
13 January, 2016

Sandro from Australia

7

I like this brokerage. It just does not change the conditions, before it is required to notify by e-mail, which will indicate what changes will take place and call in case, back in the last year, during the Greece situation - they reduced leverage at a time. Money withdrawing on time. Trading conditions are clean.

avatar
14 October, 2015

Brigitta from Hungary

6

Only a half of year of trading (after years of studying) and I bought a car! 40K of funds withdrawn by myself for one time! I think it is an indicator of that we can trust this broker. Personally I do!)

avatar
11 October, 2015

veronica from Argentina

7

A good broker with nice bonuses. Many times i had deep drawdown with bonus funds and the broker never chased chasing my feet for a stop loss. Hedging is also allowed to help me earn additional money on bonuses

avatar
26 August, 2015

MARCELO from Spain

8

I like how fast there is an orders execution. Sure there can be slip moments and with delay it misses the best possible price, but not a single time it had an impact on my trading because of it. So I'll stick to them.

avatar
04 August, 2015

Asher from Lebanon

5

I am almost newbie of forex market, so I started my cooperation with them as PAMM investor. I looked through pamm conditions of several brokers and find this one as the most flexible and acceptable for me. I won't tell why exactly, it's too long, if you want you can check by yourself. I invested $2000, the first rollover has passed, I got some profit and my share came to me without difficulties, therefore my first impression is good. Their pamm interaction policy really looks open and transparent, so at the present time I feel confident in the outcome of my cooperation with this broker. So far so good, and we will see what will be next.

avatar
22 April, 2015

Federico from Spain

7

Trading with the company on a cent account for 4 months. Nothing bad to say about them. Perhaps someone will say that a cent account is not serious, but anyway it is also a real account, though with little money. Execution is good, spread also on the same level, withdraw money only once, of course, pennies, but in this case the main thing that it was processed. Conclusion: cent account with this broker is ok.

avatar
08 March, 2015

Nathan from Greece

5

Registered on weekend and immediately started trading. However, you can only trade Bitcoins, but, basically, what's the difference on what to earn. Deposited 20 dollars. So far I earned only 10, but I will continue. I liked it very much. Well, even have some strategy developed. Overall - I advise to everyone this broker. You can trade all week and earn.

Write a Review
 

Your rank

Prove you’re not a bot + 18 = 33