LiteForex is a Forex broker founded in 2005, which is operated by a company registered in Marshall Islands. The EU clients of the broker are operated by LiteForex (Europe) regulated by the CySEC. LiteForex offers a two types of accounts: Classic and ECN accounts. As low as $50 deposit allows traders to live trading with a leverage up to 1:500. The broker provides access to currency pairs and CFDs on shares, world indices, precious metals and oil. Traders can use popular platform the MetaTrader 4 and its more advance version the MetaTrader 5. LiteForex provides a lot of promotions and can be proud of many awards.
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Basic information about LiteForex |
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| Website |  www.liteforex.com |
| Founded | 2005 |
| Country | Marshall Islands, Cyprus |
| Regulations |  CySEC (Cyprus) |
| Scalping | yes |
| Hedging | yes |
| Deposit and withdrawal methods | Bank Wire Transfer, Credit Card, WebMoney, Skrill, Neteller, OKPAY, QIWI, Boleto Bancario, Transferencia Bancaria Local, Wallet One, Payeer, Moneta.ru, Perfect Money |
| Website languages | English, Arabic, Chinese, French, German, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese |
| No services |  USA, Israel, Japan |
| Islamic account | yes |
| Demo account | yes |
Types of LiteForex accounts |
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| Name | ||
| Minimum deposit | ||
| Maximum leverage | ||
| Minimum position | ||
| Account currencies | PLN, RUB, MBT | PLN, RUB, MBT |
| Platforms | ||
| Spread | ||
| EUR/USD | ||
| Commission | ||
Trading instruments (CFDs) |
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|---|---|---|---|
| Currency pairs | 55+ | Precious metals | |
| Stocks | | Energies | |
| Indices | 10+ | Soft commodities | |
| Bonds | | Cryptocurrencies | |
Promotions |
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Broker Website
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Do not consider anything beyond opening a demo account with them. I have been trying to withdraw funds I deposited for 6 weeks without success. They have no regulatory arm and worst customer service ever.
I hope I will get my money back within reasonable time.
I trade with LiteForex because LiteForex is innovative broker with useful services and good bonuses for trading.