LiteForex Review 2020

Overall rating

7.3

/10

LiteForex Review 2020
September 2020
Analysis of the Main Features of the Forex Broker

7.3

Overall rating

7.3

/10

Execution of orders

7

/10

Investment instruments

7.2

/10

Withdrawal speed

7.3

/10

Customer Support work

7.6

/10

Variety of instruments

7.4

/10

Trading platform

24

Position
in rating

7.3

/10

Overall rating

24

Position in rating

7.3/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of LiteForex Trading Company

“LiteForex” started in 2005. The main goal of establishment was the desire to make traders activity more transparent and reliable in the international exchange market. The company was the first to put them into the trading platform the possibility of trading via cent accounts with the deposit volume starting from $1, that made Forex available for millions of people.

Attention!

If you already have an account with this company, please write a letter to your broker’s support service at [email protected] stating that you intend to work through us (tradersunion.com). The partner account number is MT4-R-058277, MT4-L-805172, MT4-ECN-177426.

LiteForex Latest Comments 2020

0
0
0

The reviews by customers of the LiteForex indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of LiteForex published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

Analysis of the Main Features of the Forex Broker

7.3

Overall rating

7.3

/10

Execution of orders

7

/10

Investment instruments

7.2

/10

Withdrawal speed

7.3

/10

Customer Support work

7.6

/10

Variety of instruments

7.4

/10

Trading platform

Trading Conditions for LiteForex Users

Trading platform: MetaTrader4, MetaTrader5, Mobille Platforms
Accounts: ECN, Classic
Account currency: USD, EUR, CHF, RUB, MBT
Replenishment/Withdrawal: Bank Cards, Bank Wire Transfer, Skrill, Neteller, Perfect Money, Qiwi, WebMoney, Advcash, Alipay
Minimum deposit: 50 USD
Leverage: 1:500
PAMM-accounts: Yes
Min Order: 0.01
Spread: From 0.0 points
Instruments: Forex, Metals, Oil, CFD Nyse, Global Stock Inexes, Cryptocurrency
Margin call/Stop Out: 100/20%
Liquidity provider: No
Mobile trading: Mobille Platforms
Affiliate program: Yes
Orders execution: Market Execution
Trading features: Automatic money withdrawals from Forex within 24 hours, VPS
Contests and bonuses: YES

Comparison of LiteForex with other Brokers

LiteForex FxPro Admiral Markets UK XM Group AvaTrade
Trading
platform
MT4, MT5, MultiTerminal, Sirix Webtrader MT4, MobileTrading, MT5, cTrader MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MT5, MobileTrading MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit $10 $100 $200 $5 $100
Leverage From 1:1
to 1:1000
From 1:1
to 1:500
From 1:25
to 1:500
From 1:1
to 1:888
From 1:200
to 1:400
Trust management Yes No No No No
Accrual of % on the balance 7.00% No No No No
Spread From 0 points From 1 point From 0 points From 1 point From 0 points
Level of margin call
/ stop out
50%  /  20% 25%  /  20% 100%  /  30% 50%  /  20% 25%  /  10%
Execution of orders Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No No No $30 No
Cent accounts Yes No No Yes Yes

Broker comparison table of trading instruments

LiteForex FxPro Admiral Markets UK XM Group AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes
Crypto Yes No Yes No Yes
CFD Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock Yes No Yes Yes Yes
ETF No No Yes No No
Options No No No No No

Contacts

Registration address Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Contacts

Tags:

LiteForex liteforex org lite-forex

The Oldest Reviews of the LiteForex

The reviews by customers of the LiteForex indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of LiteForex published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

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FAQs

Do reviews by traders influence the LiteForex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about LiteForex you need to go to the broker's profile.

How to leave a review about LiteForex on the Traders Union website?

To leave a review about LiteForex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about LiteForex on a non-Traders Union client?

Anyone can leave feedback about LiteForex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with LiteForex through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.