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.
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
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
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 |
Email:
[email protected],
Phone: 88007072963 |
Tags:
LiteForex liteforex org lite-forexThe 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.
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