On-line since:
Country of origin:
Regulation:
Payment options:
Minimum account size:
Minimum lot size:
Leverage:
Spreads:
LiteForex is one of the leading brokerage companies that unites traders with different experience from all over the globe. It is among the hundred best companies according to the World Finance magazine. It has representative offices in many states of the world.
LiteForex provides quality and multilingual technical support, thus timely dealing with any problems and informing clients 24/5.
The broker offers its clients PAMM accounts, affiliate program, hedging, and automated trading. Clients may count on various bonuses and other privileges. The company holds contests both for demo and live accounts. The winners receive valuable prizes.
LiteForex has almost 145 trading instruments such as currencies, contracts for shares, indices, metals, and other financial assets. Trading is carried out through the popular platform MetaTrader 4.
LiteForex advantages:
Having read the comments on LiteForex, you will have a complete notion about reliable and quality services of this company.
We will appreciate your own feedback on LiteForex. Interesting and impartial comments will help traders choose a broker, account type, and trading platform.
I've lost all my money here. I don't trust LiteForex anymore. Servers always reject trades when you want to exit your trades due to high trade volume. I decided to close my trading account with this broker since the spread always widens during news times. Their demo account is not the same as the real account. I was making good money on the demo consistently, not the case with the live account. The data feed is not accurate. LiteForex isn't reliable as a broker.
I don't recommend LiteForex. Their support team is not reliable and unprofessional, and they are also not friendly to clients. I trade mainly major pairs such as EUR/USD and USD/JPY. I find it difficult to trade because the platform has delays in execution for 5-10 seconds. I lost about $600 with this broker because of its super slow platform. I thought that they would not leave their clients unattended. Apparently, I was wrong. So if you want to look for a broker for trading, avoid this broker.
Opening an account at LiteForex is easy. I inquired to the company and I was instructed on the steps to take. It was easy to follow and they did not require a huge amount of money as an initial capital. For a small trader like me, this is very much appreciated.
I will never recommend this broker. I had a terrible experience with the withdrawal process. I was trading with them for four months, and I have a profit of $335. I've sent a withdrawal request, but suddenly they canceled my profit. They have no reason to cancel my profit. They even ignore me, they stop answered my call and emails. They didn't give any refund. From this experience itself, I don't want to continue my trading with them. My advice to all traders who are looking for a broker, stay away from this broker. They will only steal once you get a profit!
I had a bad impression when I opened an account with LiteForex. The account opening process is very agonizing. The trade execution is very sluggish. I was not capable to get a single fill at the quoted price, most often I get REQUOTE in trades. Besides this, they have few options for depositing and withdrawals.