All in all, traders at LiteForex are given everything
they need to succeed. LiteForex provides up-to-date reviews and forecasts for all market instruments. Its fundamental analysis consists of daily news on significant political and economic events that impact the world markets. In-house analysts and traders produce all forex fundamental analytical reports.

Discover the Forex social world of professional trading by copying trades or become an example to follow! The automated copy-trading system Soсial Trading will allow you to duplicate the best trades, trade independently, share information and communicate with your traders. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of how we review LiteForex’s product offering.

Trade Forex as well as CFDs on precious metals, oil and world indices from a low $50 initial deposit with LiteFinance (formerly LiteForex). LiteForex’s educational materials are average compared to other similar brokers. In line with the Anti-Money Laundering Directive, Liteforex operates a “return to source” policy, meaning that withdrawals must be made via the same method and into the same account as the original deposit. However, traders are required to submit an electronic form of identification to make withdrawals in line with Anti Money Laundering rules. The account-opening process at Liteforex requires only registration of an email address and password. I activate the “Portfolio” menu where I can see the managers chosen.

LiteForex offers support for the MetaTrader platforms – MT4 and MT5. Developed in 2005 and 2010 respectively, these systems have become the leading platforms for online forex and CFD trading. They come with multiple chart types, including line, candlestick, and bars.

Affiliate programs at LiteFinance

The LiteFinance group of companies is conducting a confident global expansion. Currently, LiteFinance has official representative offices in more than 15 countries. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. LiteForex does not charge fees for deposits, and as a bonus, it covers deposit fees imposed by the provider. Unlike other brokers that require extensive KYC (Know Your Customer) documents due to strict regulatory oversight, LiteForex simply asks for an email address and password. When making this calculation, we use one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread.

Malaysians will be trading under the subsidiary, Litefinance Global LLC, authorised and regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVGFSA). Analytical materials are developed in cooperation with our partner, Claws&Horns, exclusively for information purposes. Published materials should not be regarded as a recommendation for LimeFx or advice in accordance with Directive EC. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

Forex: pasaran yang terbesar dan paling cair untuk dagangan Mata Wang

We are committed to the fair handling of reviews and posts regardless of such relations. Please read LiteFinance Reviews (i.e. LiteForex Reviews) below and share your live trading experiences with this broker. LiteFinance, formerly LiteForex, is a forex broker founded in 2005 with a EU branch in Cyprus.

Therefore, should you choose LiteForex as your primary forex
trading brokerage? Find out in the following review where we analyze all
aspects of this lucrative trading broker and discover if LiteForex is the right
online trading brokerage for you. Overall, Liteforex is a dependable broker with a range of low-deposit accounts that are suited more to beginners than experienced traders on the MT4 and MT5 platforms.

As
LiteForex is based in the Marshall Islands, they are licensed and regulated in
accordance with the Marshall Islands Business Corporation Act. Therefore, the
brokerage is trusted to provide safe, secure, and transparent online trading
services and has been doing so for over 13 years. It’s not necessary to register a forex profile for testing the platform in a demo mode, but registration is preferable if you wish to have the information on trades saved. The Social Trading system can be tested in a demo mode without registration too. The main page provides a user with several information menus and online quotes. To see all available trading instruments use the upper menu (by the way, the platform operates in 18 languages).

Our verdict on LiteForex

The company is based in Mauritius where traders are able to access the interbank facilities through the MetaTrader 4 platform. HotForex provides services that are applicable to the Forex market. Besides MT desktop versions, LiteFinance’s clients can use WebTerminal to be able to trade right from the browser on any computer wherever in the world without having to install a desktop version.

• This is where you can enjoy the actual forex analysis that provides accurate forecasts while generating very relevant situation analysis information.
• ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
• LiteForex does not charge any fees for deposits and charges no inactivity fees, but charges fees on some withdrawal methods.
• However, traders should note that Liteforex’s trading costs are higher than other similar brokers.

However, because LiteForex only
provides trading in the forex markets, both platforms will do. LiteForex
is a very specialized online trading brokerage as they primarily facilitate the
trading of forex with a wide selection of currency pairs. LiteForex demo accounts provide the opportunity for traders to trade virtual money under real market conditions. Demo accounts are free of charge and allow beginner traders to refine trading strategies using MetaTrader platforms. Traders receive real quotes from liquidity providers and have access to all trading instruments. Servicing more than 3.5 Mill clients from more than 190 countries in more than 30 languages.

Supported Platforms for LiteForex

You will need to confirm your email address before being added to the list.

• The brokerage specializes in the trading
  of forex and has been providing reliable and innovative forex trading services
  since their establishment in 2005.
• Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.
• Traders receive real quotes from liquidity providers and have access to all trading instruments.
• LiteForex supports mobile trading by
  providing their clients with an entire suite of proprietary mobile trading
  applications.
• It became the first company that offered a cent account where you would only need an initial deposit of US$1 and then work your way up from there.

The Asian and Pacific market saw LiteForex’s introduction in 2007 and it was this time that 2 more languages were introduced, namely Malay and Chinese that appealed to traders around Asia. After that, LiteForex joined the RAFMM or Russian Association of Financial https://limefx.name/ Market Members as well as sponsoring the ForexPeoples community. The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company’s website for a list of all payment methods.

Experienced experts at Claws&Horns master the art of analysis as no one else. All sorts of analysis, latest forecasts, unique reviews, expert opinions and many other analytical materials that are indispensable to trading success are now freely available to LiteFinance’s clients. Regularly updated and carefully selected learning materials and Forex strategies, described by professional traders. HF Affiliates is one of the leading Partnership Programs in the industry featuring competitive commissions, marketing tools and exceptional support. With the best commission structure and tailor-made products, we can help you achieve your expectations with high revenue share, multi-tier affiliate tracking system, no set-up fees to join and an auto-rebate system. LiteForex’s non-trading fees are average compared to other similar brokers.

Now I’m going straight to the process of trading in the Client Profile. Go directly to the “Trade” section and select any instrument. For example, ВТС/USD. I’ll start with the upper limefx menu. Click on the “Registration” button in the upper right corner on the main page and fill in the fields. See how LiteFinance compares against each of the following brokers.

With excellent copy trading functionality and a range of accounts with low minimum deposits, including a micro-trading account, Liteforex appeals to beginner traders familiar with the Metatrader platforms. However, traders should note that Liteforex’s trading costs are higher than other similar brokers. Unlike other brokers that offer a range of account types with lower spreads linked to higher minimum deposits, LiteForex offers three market-execution accounts with low minimum deposits. The Classic and Cent Accounts have the trading costs included in the spread while the ECN Account offers tighter spreads and a small commission per trade. LiteForex
offers traders the selection between two of the most popular and loved trading
platforms in the world, the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading
platforms. Both platforms are highly sophisticated and accommodate the needs of
both beginner and experienced traders.

The one and only condition for using WebTerminal is to have access to the internet. Also, the company clients are offered freely downloadable applications intended for trading via mobile devices and tablets (Android, iOS and other OS). LiteFinance is a reliable company with a flawless reputation that has worked in the sphere of Forex trading since 2005. LiteFinance owes its leadership to its multiple advantages that set it apart from most brokers.

Access to 1000+ instruments from 6 asset classes, 16 full feature trading platforms, 4 trading account types, 25+ secure payment methods and 24/5 personal customer service. There are several other international brokers operating in Malaysia now who offer accounts based in MYR, allowing Malaysian traders to avoid paying conversion fees when making deposits and withdrawals. In general, experienced traders tend to prefer accounts with higher minimum deposits and tighter spreads. Again, at Liteforex this trade-off does not occur as all three accounts have low minimum deposits and higher than average trading costs, making them unappealing to experienced traders.

Brokerage services in your country are provided by the Liteforex (Europe) Limited Company (regulated by CySEC’s licence №093/08).. Contains information on how to top up an account (bank cards, payment systems, cryptocurrencies). Deposit and withdrawal history can be seen in the respective section. In the picture above you can see the “Deposit” button in the lower right corner.

However, one has to register an account to access the live chat service. For the purposes of this review, we found customer support to be slow and sometimes unresponsive. LiteForex offers a discounted VPS (Virtual Private Server) service on the MT4 and MT5 platforms. VPS hosting allows traders to run automated algorithmic strategies, including expert advisors 24 hours a day 7 days a week on a virtual machine.