- What is LiteForex?
- LiteForex Pros and Cons
- Regulation and Security Measures
- Account Types and Benefits
- Cost Structure and Fees
- Trading Platforms and Tools
- Trading Instruments
- Deposit and Withdrawal Options
- Customer Support and Responsiveness
- Research and Education
- Portfolio and Investment Opportunities
- Account Opening
- Additional Tools And Features
- LiteForex Compared to Other Brokers
- Full Review of Broker LiteForex
Overall Rating 4.3
Regulation and Security | 4.4 / 5 |
Account Types and Benefits | 4.4 / 5 |
Cost Structure and Fees | 4.3 / 5 |
Trading Platforms and Tools | 4.4 / 5 |
Trading Instruments | 4.3 / 5 |
Deposit and Withdrawal Options | 4.5 / 5 |
Customer Support and Responsiveness | 4.5 / 5 |
Research and Education | 4.4 / 5 |
Portfolio and Investment Opportunities | 4 / 5 |
Account opening | 4.5 / 5 |
Additional Tools and Features | 4.1 / 5 |
What is LiteForex?
LiteForex is a Forex and CFD broker that has been operating since 2008 and provides both social trading and ECN trading environments through leading-edge technologies based on MT4 and MT5 platforms while maintaining a low-cost structure. This technology currently is the leading solution that provides breakneck execution speeds and the most favorable quotes with spreads from 0.0 pips allowing clients to benefit from it.
LiteForex has established global expansion through its offices in Cyprus and an international one based in St. Vincent and the Grenadines. It is fully compliant with financial regulations.
- Though, being a regulated broker, earlier LiteForex had some complaints and issues with traders claiming there are non-transparent conditions which was the reason why there were some concerns about LiteForex trustworthiness.
- Yet, now we see that the broker clears its record as more traders sign for its service. Also, regulatory overseeing from the European CySEC regulation gives extra layers of protection; however, we recommend traders conduct their own research on LiteForex as well to see whether it is a suitable broker for their needs.
Overall, LiteForex has great trading conditions with various trading instruments, useful research, and popular platforms. Its decade-long operation has given Broker a great step in gaining the right experience in the market.

LiteForex Pros and Cons
We consider LiteForex a good broker with a long history of operation. It offers good trading technology and an ECN environment backed by sophisticated technology, low deposit requirements, and social trading. LiteForex’s spreads are tight and good for the forex industry. The broker also offers low-cost fees, an extensive education section, and financial information resources.
For the negative points, stock spreads are high, international trading is done through an offshore entity in St. Vincent and the Grenadines, and some traders have had negative experiences. The market range overall is quite narrow and limited to only FX and CFDs; there is no crypto trading at all.
Advantages | Disadvantages |
---|
Long history of operation | High trading spread for some instruments |
Established operation through Cyprus entity | International trading done through an offshore entity |
Cross border licenses | Negative experience from some traders |
Good trading technology and ECN environment | Trading conditions vary according to entity regulation
|
Low Deposit Requirement | |
Social Trading environment | |
Tight Spreads | |
LiteForex Features
LiteForex is a well-regarded broker with a global presence. With tight regulation, the broker provides financial reliability and high-level trading with innovative tools, good functionality, and a secure environment. The key aspects of the broker include the following:
LiteForex Features in 10 Points
🗺️ Regulation | CySEC, FSA |
🗺️ Account Types | ECN, Classic |
🖥 Trading Platforms | MT4, MT5 |
📉 Trading Instruments | Forex, Metals, Oil, and Global Stock Indices |
💳 Minimum deposit | $50 |
💰 Average EUR/USD Spread | 1 pips |
🎮 Demo Account | Available |
💰 Account Base currencies | USD, EUR, GBP, PLN |
📚 Trading Education | Good education section |
☎ Customer Support | 24/5 |
Who is LiteForex For?
Based on Our findings and Financial Expert Opinion LiteForex stands out for its versatile offerings with advanced features and services. Here is what LiteForex is good for:
- Beginning Traders
- Professional Traders
- Algorithmic or API Traders
- EAs running
- Copy Trading
- Scalping / Hedging Strategies
- Traders who prefer the MT4 or MT5 platform
- Stock CFD trading
- VPS Trading
- Currency Trading and CFD Trading
- Suitable for a Variety of Trading Strategies
LiteForex Summary
Overall, LiteForex has a quite long history of operation and balanced trading conditions suitable for various styles, account sizes, and levels of experience. We should admit good analysis tools and technology solutions LiteForex provides, also costs are rather good compared to other industry competitors. We also marked a good choice of trading platforms and advanced technology. Our experience with LiteForex was rather positive throughout the test and we didn’t face any problems.
55Brokers Professional Insights
LiteForex has operated for many years and offers an ECN trading environment with popular industry platforms, such as MetaTrader 4 and MetaTrader 5, so is suitable for traders who prefer MetaTrader technology with ECN environment. It offers competitive spreads starting from 0.0 pips, low minimum deposits, and social trading that may attract traders. Lastly, we noted LiteForex’s education section as good, comprised of essential resources that would fit traders of any level. The offering is favorable for beginners, directing and guiding them, coupled with an easily accessible demo account and low initial funding.
However, there is a concern about transparency especially via international proposal, since the broker operates under the regulation of CySEC for its European clients, its international entity is based in St. Vincent and the Grenadines, known for more relaxed regulatory oversight. So we would advise trading mainly with EU entity, to avoid higher risks, since numerous complaints from global traders pointing out different issues they experienced with the broker previously. Some of these are personal and subjective experiences that might not be what they seem.
Consider Trading with LiteForex If:
LiteForex is an excellent Broker for: | - Beginning Traders
- Professional Traders
- VPS Trading
- Social traders
- Low-budget traders
- ECN traders
- For those who prefer Automated trading
- Scalping and Hedging strategies
- Stock CFD trading
- Traders who conduct trades through the MT4/MT5 platforms
- Currency Trading |
Avoid Trading with LiteForex If:
LiteForex is not the best for: | - Cryptocurrency traders
- Those who prefer fixed spreads
- Traders who need access to an extensive range of instruments
- Prioritizing platforms other than MT4/MT5 |
Regulation and Security Measures
Score – 4.4/5
LiteForex Regulatory Overview
LiteForex is a registered broker in Cyprus regulated by the local financial regulator Cyprus Securities and Exchange Commission (CySEC). Based on our research, through its regulatory compliance, the broker offers negative balance protection as well as a compensation scheme of up to €20,000 in case of traders’ insolvency.
- In addition, the broker also holds a license from the St. Vincent and the Grenadines, an offshore entity. We do not recommend trading under offshore entities due to the low requirements and risks. However, the broker has proven its reliability throughout the years and can be trusted.
How Safe is Trading with LiteForex?
Obviously, regulatory status is the most important measure you should always check. In simple words, it means a client is treated fairly according to international laws and requirements, while authorities stand behind traders and protect claims or concerns about the broker’s operation.
Therefore, when trading with LiteForex Cyprus entity you can refer to CySEC in case of any violence, while the regulator himself constantly checks on the operation and environment the broker provides. Also, traders’ funds are segregated from company funds.
- However, different authorities apply adjusted regulations according to their legislation and particular laws. Likewise, LiteForex International is based in the offshore St. Vincent and the Grenadines which is a non-regulated entity, since its requirements are quite low and do not give sharp protection to clients. So always make sure to learn better under which entity you trade and what protection conditions apply to you, but it would be better to open an account under European ESMA regulations.
Consistency and Clarity
Our research revealed essential facts about LiteForex and its history of operation. We noticed consistent development in the broker’s offerings and compliance with rigorous rules. Being regulated by one of the strictest authorities in the financial market, LiteForex, under its Cyprus entity, follows stringent rules and offers reliability of investments and transparency in its services.
However, we also revealed that at some point in its activities, the broker raised numerous complaints among traders in regard to its services. But the good thing about LiteForex is that it constantly improves on the aspects traders expressed doubts and concerns about. Due to its knack for improving traders’ experience, LiteForex has been recognized multiple times with good reviews and numerous awards. We find this is a good policy from the side of LiteForex to enhance its offerings and consider its clients’ expectations and needs.

Account Types and Benefits
Score – 4.4/5
Which Account Types Are Available with LiteForex?
LiteForex offers two main account types – ECN and Classic accounts. As we found, there are a few similarities between the account types. Both ECN and Classic accounts require a $50 minimum deposit to open an account. Both enable access to the MT4/MT5 platforms, availability of the USD, EUR, GBP, and PLN base currencies, and an unlimited number of orders. For its CySEC entity, the available leverage depends on the instrument traded, yet the maximum available ratio is 1:30. For its offshore entity, the multiplier can be as high as 1:1000.
ECN Account
LiteForex’s ECN account provides a high-precision trading environment with market execution, no requotes, and direct access to liquidity providers. With the absence of Stop and Limit restrictions, traders have unlimited possibilities while performing their trading strategies, which include scalping and news trading. There isn’t a dealing desk, thus no conflict of interest, providing full transparency while Negative Balance Protection secures the traders from losing more than what they deposit. The ECN account is ideal for both short-term and long-term traders looking for reliable execution and deep liquidity. The account offers floating spreads from 0.0 pips and fixed commissions for each instrument.
Classic Account
The Classic account is suitable for traders who prioritize stable trading conditions combined with enhanced execution quality. The account offers floating spreads with an average of 2.0 pips with no commissions, as all the costs are included in the offered spreads. The account offers Negative Balance protection, no requotes, with a good layer of security. Its spread-based structure will be appealing to beginner and intermediate traders.

Regions Where LiteForex is Restricted
As we have found, LiteForex under the CySEC entity offers its services only to the residents of countries from the European Economic Area (EEA), the United Arab Emirates, and the Marshall Islands. Below are listed all the countries the broker accepts clients from. Those Countries not mentioned can still sign with the broker through its offshore entity (except for the USA, Israel, Russia, and other countries that are under sanctions).
- Austria
- Lithuania
- Bulgaria
- Luxembourg
- Croatia
- Malta
- Cyprus
- Marshall Islands
- Czech Republic
- Netherlands
- Denmark
- Norway
- Estonia
- Poland
- Finland
- Portugal
- France
- Romania
- Germany
- Slovakia
- Greece
- Slovenia
- Hungary
- Spain
- Iceland
- Sweden
- Ireland
- Switzerland
- Italy
- United Arab Emirates
- Latvia
- Liechtenstein

Cost Structure and Fees
Score – 4.3/5
LiteForex Brokerage Fees
Our research showed that LiteForex offers two distinguished fee structures – spread-based and commission-based options that will provide traders with more flexibility and choice. All in all, the broker’s fees are transparent, with floating spreads ( there are no fixed spreads) starting just from 0.0 pips, and commissions that are different based on the instruments traded.
LiteForex spreads depend on the account type traders choose. The broker’s Classic account is spread-based, with all the costs included in spreads. This means there are no additional transaction fees. The average spread for this account is 2.0 pips, which might be a little higher than the market average, yet considering there are no other fees, this can be an appealing offer. For the EUR/USD pair the average spread is 1 pips. For the ECN account, on the other hand, spreads start from 0.0 pips, but the account also incurs commissions for each trade. The commissions are not fixed and are different for different instruments.
With LiteForex commissions are applied for the ECN account and are added to floating spreads that start from 0.0 pips. The commissions offered by the broker are not the same for all the instruments, as it is generally accepted in the market. Instead, they are based on the instrument traded:
- Major Forex Pairs – 10$
- Forex Crosses – 20$
- Minor Forex Pairs – 30$
- Commodities – 20$
- Oil – 5$
- Major Indices – 0.5$
- CFDs on Shares – 0.2$
- LiteForex Rollover / Swap Fees
In addition, always consider rollover or swap rate as a trading cost since the broker charges a small fee for the position being held longer than a day. The long swaps are -7.08, and the short swaps are 3.144 for the EUR/USD pair. You can find swaps for each instrument on the broker’s website.
How Competitive Are LiteForex Fees?
All in all, going through the broker’s cost structure and the applied fees, we concluded, that LiteForex is transparent in its offerings and clearly mentions all the trading-related fees that clients will face. We found that for its Classic account, which is mainly spread-based, the spreads are a little higher than the market average. However, the offering is still in line with the market and includes all the fees in spreads.
On the other hand, for the ECN account, the commissions are based on the instrument traded. However, traders can easily find the amount of commissions on the broker’s website for each instrument, which we have also mentioned above, for more clarity. Lastly, as the broker operates via various entities, traders should always check the applicable fees for the specific entity, so as not to get confused.
Asset/ Pair | LiteForex Spread | FP markets Spread | XM Spread |
---|
EUR USD Spread | 1 pips | 1.1 pips | 1.6 pips |
Crude Oil WTI Spread | 9 pips | 3 cents | 3 cents |
Gold Spread | 4 pips | 7 | 0.27 pips |
LiteForex Additional Fees
LiteForex does not have many non-trading fees. However, we found that the broker applies $3 per month for Inactive accounts. As for the deposits and withdrawals, there is no transaction fee.
Score – 4.4/5
The trading platform offering is pretty much basic, enabling traders to conduct their trades on the market-popular MT4/Mt5 platforms. However, the platforms are well-equipped with advanced tools and features, giving traders the opportunity to explore the market with innovative tools and great technology. The availability of platforms differs based on the entity, too. Through the offshore entity, traders also get access to the cTrader platform.
Platforms | LiteForex Platforms | Pepperstone Platforms | Fortrade Platforms |
---|
MT4 | Yes | Yes | Yes |
MT5 | Yes | Yes | No |
cTrader | No | Yes | No |
Own PLatform | No | Yes | Yes |
Mobile App | Yes | Yes | Yes |
LiteForex Web Platform
LiteForex enables access to the Web Trader platform for MetaTrader 4, giving traders access to their accounts right from the browser without installation. This web-based platform maintains all the essential functionalities of the desktop platform. The web trader offers charting tools, multiple timeframes, and technical indicators. The availability of enhanced tools ensures a positive trading experience with maximum flexibility and accessibility.
LiteForex Desktop MetaTrader 4 Platform
The LiteForex MT4 trading platform allows access to Forex, stocks, metals, and CFDs on stock indices. It includes advanced features with charts, various order types, and technical indicators that will be suitable for both novice traders and more experienced users. The platform is quite flexible, enabling access through multiple devices, including desktops, mobile devices, iPhones, iPads, and Androids. This allows easy access to the account and various trading positions.
LiteForex Desktop MetaTrader 5 Platform
The MT5 platform of LiteForex is the improved variant of the MT4 platform. It has better functionality and is equipped with a wide range of trading tools, allowing traders to access a good range of tradable products and experience more opportunities with enhanced charting options, additional timeframes, and other innovative features integrated into the platform. Besides, MT5 offers powerful algorithmic trading features to automate trades. The LiteForex MT5 is available through multiple devices, making the platform accessible for any trader from anywhere.
Main Insights from Testing
LiteForex’s MT4 and MT5 platforms offer powerful solutions to conduct successful trades. With the innovative features and tools that the platforms offer, clients can explore the market with more positive outcomes. Both the MT4 and MT5 platforms are user-friendly and ideal for all types of traders. The platforms are also easily compatible with different devices.
LiteForex MobileTrader App
LiteForex’s iOS and Android mobile trading platforms give traders control over their accounts by enabling access from anywhere in the world. The advanced tools and features integrated into the mobile app enable traders to conduct trades, using real-time alerts, push notifications, and other essential trading tools to enhance their experience and achieve positive results.

Trading Instruments
Score – 4.3/5
What Can You Trade on the LiteForex Platform?
With LiteForex, traders have access to a range of financial instruments: forex currency pairs, commodities, stock indices, and stock CFDs. Among currencies are major, minor, and exotic forex pairs with competitive spreads and fast execution. In addition, LiteForex provides CFDs on the most popular stock indices like the S&P 500 and NASDAQ to access global markets.
Main Insights from Exploring LiteForex Tradable Assets
As our research revealed, LiteForex provides over 600 tradable products. It offers a good range of forex pairs, popular global indices, and essential commodities, yet traders do not have access to cryptocurrency, ETFs, or other asset classes that would diversify trading. Traders also are limited in terms of traditional investments, as all the products are based on CFDs, with no real chance of stock ownership.
Although traders face certain limitations in terms of access to certain assets, we find that all the available tradable products come with competitive spreads and good market conditions. This offering can be suitable for those who want access to the major instruments in a reliable and comfortable setting.

Leverage Options at LiteForex
Being a European broker, LiteForex is also compliant with ESMA standards of lowered leverage while international traders are still offered a quite high leverage level up to 1:1000 on Forex instruments.
- International clients are allowed a maximum leverage of 1:1000
- European traders can use a maximum of 1:30
So before you sign in we recommend you verify conditions and understand how trading works, as leverage is a two-sided tool that may maximize not only your gains but losses likewise.
Deposit and Withdrawal Options
Score – 4.5/5
Deposit Options at LiteForex
Our research showed that the broker offers a wide range of funding methods, while some of them may include third-party fees, others are free of charge. All deposits are processed in the broker’s Client Cabinet, ensuring full financial data security. The deposits can be made in a wide range of currencies including EUR, USD, GBP, RUB, JPY, CHF, CAD, AUD, NZD, etc. Here are the main available funding methods with LiteForex:
- Bank wire transfer,
- E-wallets including Neteller and Skrill
- Credit Cards or Debit cards
Minimum Deposit
LiteForex’s minimum deposit for both Classic and ECN accounts is $50 at the start, which is a great opportunity since the requirement is quite low. Yet, be sure to verify conditions and margin requirements for the instrument you wish to trade, also better check all the margins via the Demo account first before you sign in.
Withdrawal Options at LiteForex
While some LiteForex withdrawal options add no fees, others will add a small markup. The funds are withdrawn through the Client Cabinet in the “Finance” section using the same payment methods used to top up the account. The withdrawal request is proceeded manually by the financial department within 1 working day. However, note that for the bank wire transfers the transaction process may take up to 5 days depending on the beneficiary’s bank.

Customer Support and Responsiveness
Score – 4.5/5
Testing LiteForex Customer Support
Another good point we found in its proposal is customer support available through various methods including Online Live Chat, Phone, emails, etc. In addition, there are established centers in various regions, however, customer service is available only 24/5.
- The broker also offers a FAQ section, where clients can find elaborate answers to the essential questions they face while trading with LiteForex.
- Traders can also enter the large community on social platforms, including X, FB, IG, YouTube, Telegram, and Linkedin. Here they can find recent updates on the company operations and overall recent market events.
Contacts LiteForex
LiteForex offers different options of support to meet the needs of its large community of clients in different regions. Clients get 24/5 customer-oriented support through the following channels:
- Live chat will provide traders with quick and detailed answers to the current issues and questions they are facing.
- For general customer inquiries, clients can use the support@liteforex.eu email address or the following phone number: +357-25-750-555.
- On the broker’s website, clients can find other contacts for specific inquiries and questions. Also, traders can leave feedback immediately from the LiteForex website, sharing their experience.

Research and Education
Score – 4.4/5
Research Tools LiteForex
In terms of additional research tools and features offered by LiteForex, other than those already included in the platform, LiteForex is quite favorable, offering multiple resources for better and more detailed research. All in all, the availability of research tools enables traders to be more aware of the market movements and make informed decisions.
- The Forex analysis section provides the latest forecasts on market instruments and supplies the freshest economic news. The forecasts are developed by professionals to inform traders of the current situation in the market rather than outright recommendations.
- The analytical materials from Claws&Horns, an independent company, will provide traders with various analyses, the latest forecasts, reviews, and expert opinions to guide LiteForex’s clients in the right direction and keep them informed at all times.
- The current Currency Rates offered by LiteForex ensure traders can make informed decisions in the dynamic forex market.

Education
Our experts checked the educational proposal of LiteForex and found that the broker provides good learning materials and guides. This is done through the educational section on their website presenting four sections that help to become a better trader.
- The Glossary of LiteForex includes the most searched terms in forex trading, giving traders detailed and elaborate explanations of essential terms.
- We also found the Tutorials offered by LiteForex very useful, with insightful materials covering a wide range of topics of forex trading. This is especially useful for beginner and intermediate traders who need more guidance and knowledge on the market.
- The section on Forex Strategies is carefully developed by professionals, giving insights into different strategies, with detailed descriptions and explanations.
Is LiteForex a Good Broker for Beginners?
The answer to the question of whether LiteForex is good for beginner traders or not is positive. The broker offers appealing and suitable trading conditions for beginner traders, with its competitive fees, simple fee structure, and a low minimum deposit for both its account types. The availability of the Demo account is another advantage that enables traders to practice and gain skills before shifting to live trading. Besides, the educational and research resources available with LiteForex are suitable for novice traders who want to enhance their market knowledge.
Portfolio and Investment Opportunities
Score – 4/5
Investment Options LiteForex
LiteForex has a modest range of instruments and when it comes to the diversification of traders’ portfolios, it might not be the best option. Its instrument offering is rather basic, and the fact that the available instruments are mostly CFD-based, the broker does not offer opportunities for real stock investments as well.
- The only available investment alternative with the broker is a Copy trading opportunity. Yet, Copy trading is available only for international traders through the offshore entity.
- Also, access to PAAM and MAM accounts is not available with LiteForex, further limiting opportunities for investments and diversification in trading.
Account Opening
Score – 4.5/5
How to Open a LiteForex Demo Account?
LiteForex allows traders access to a Demo account and practice trading before switching to a Live account. LiteForex’s Demo account is active only for 45 days, yet every time traders log into the account the account is reactivated.
- After registering with the broker go to the Client Profile
- Enable the demo trading mode
- Then access the “Metatrader” section
- Click the “Open account” button and select account parameters from the drop-down lists.
How to Open a LiteForex Live Account?
Opening a Live trading account with LiteForex is an easy and straightforward process. Here are the steps to take to open the account:
- Before opening an account it is necessary to register with the broker by providing an email and password
- Then you will receive a verification letter via the provided email address
- Using the credentials, you can access the Client Profile
- To verify the profile, LiteForex requires a valid ID and proof of address
- Click “Open account” in the “MetaTrader” section, and select the preferred platform, account type, currency, and leverage
- Start trading

Score – 4.1/5
As we covered all the features available with LiteForex, we found a few additional proposals that would enhance the trading process, and bring more depth and functionality:
- The VPS service LiteForex provides is based on advanced and flawless technology and ensures seamless connection: Forex trading won’t depend solely on the Internet connection or power supply. The VPS enables trades to run uninterruptedly 24/7.
- The LiteForex Economic Calendar is an essential tool, keeping traders updated in real-time on important economic events, along with forecasts of the market and historical data, helping traders stay aware of major financial news that can affect the market.
- LiteForex Economic News Section provides current financial news, market analysis, and crucial events of the world economy. Traders can find detailed comments from experts with data-based reports with explanations of changes in the market.

LiteForex Compared to Other Brokers
We started our comparison of LiteForex with FXPrimus when we compared the licenses of both brokers to find out that the well-regarded CySEC regulates both, and also both brokers have additional offshore licenses. The regulatory oversight for both of the brokers is tight, although brokers like HFM and OANDA offer more protection and stick to more stringent guidelines due to their heavily regulated status.
Then, we compared LiteForex to Peppersone in terms of the fee structures and the costs both brokers apply. While LiteForex’s fees are in line with the market average, we found that Pepperstone offers lower spreads starting from 0.7 pips and a clearer commission-based structure. Pepperstone stands out for another aspect as well, offering a better choice of trading platforms not only compared to LiteForex, but also compared to many other brokers in the market.
In terms of educational materials, we found LiteForex quite appealing, with good research tools and educational resources. Compared to FXPriumus, which has a rather basic offering in this respect, LiteForex offers a better range of materials and is a suitable choice for beginner traders.
Parameter |
LiteForex |
FP Markets |
FXPrimus |
Pepperstone |
BlackBull Markets |
HFM |
OANDA |
Spread Based Account |
Average 1 pip |
From 1 pip |
Average 1.5 pips |
Average 0.7 |
From 0.8 Pips |
Average 1 pip |
From 0.8 Pips |
Commission Based Account |
0.0 pips + 0.2$ -30$ |
0.0 pips + $3 |
0.0 pips + $2.5 |
0.0 pips + $3.50 |
0.1 pips + $3 |
0.0 pips + $3 |
0.1 pips + $4 |
Fees Ranking |
Average |
Low/ Average |
Average |
Average |
Low |
Low/ Average |
Low |
Trading Platforms |
MT4, MT5, |
MT4, MT5, cTrader, IRESS, Proprietary Platform |
MT4, MT5, WebTrader |
MT4, MT5,cTrader, TradingView |
MT4, MT5, cTrader, TradingView |
MT4, MT5, HFM App |
MT4, MT5, OandaTrade |
Asset Variety |
600+ instruments |
10,000+ instruments |
200+ instruments |
1,200+ instruments |
26000+ instruments |
500+ instruments |
500+ instruments |
Regulation |
CySEC, FSA |
ASIC, CySEC, FSCA, CMA |
CySEC, VFSC |
ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN |
FMA, FSA |
CySEC, FCA, DFSA, FSCA, FSA, CMA, FSC |
FCA, CFTC, NFA, MAS, ASIC, IIROC, FFAJ |
Customer Support |
24/5 support |
24/7 support |
24/5 support |
24/7 support |
24/7 support |
24/5 support |
24/5 support |
Educational Resources |
Good |
Excellent |
Basic |
Excellent |
Good |
Good |
Good |
Minimum Deposit |
$50 |
$100 |
$15 |
$0 |
$0 |
$0 |
$0 |
Full Review of Broker LiteForex
During its years of operation, LiteForex has proved to be a long-standing broker with balanced conditions of trading suitable for traders at all skill levels. It gives access to an ECN trading environment with competitive and transparent spreads. The trades are conducted either on the MetaTrader 4 or MetaTrader 5 platforms. With access to over 600 trading instruments, copy trading through its international entity, and a good selection of educational materials the broker can attract both beginner and experienced traders.
While LiteForex is regulated by CySEC for its European clients, the international entity in St. Vincent and the Grenadines does not offer strict rules and guidelines which is not an overly safe offering. In general, LiteForex has done a lot to enhance transparency and security in its services, and today it offers a competitive trading environment with a selection of trading tools and features, favorable costs, and good technological solutions. Despite the past complaints from clients that we have revealed, the broker remains a good option for forex and CFD traders, especially those who like ECN trading and automated strategies.
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Very bad broker. I agree with JORGE barbera, that lite forex broker is THIEVES.
some times open order in price in wrong price with high spread.
That is awful.
a big scam broker and need to be…
a big scam broker and need to be…
a big scam broker and need to be avoided at all costs
this broker have ecn accounts,but their ecn is not real their chart is differnet from traiding view.lots of manipulations and big slipages.on 23/06/2022 i opened a trade by this ticket #5060624970
i was short on nzd/jpy at price rate 84.725 .at 22:00 +4:30GMT they close my trade at 86.487 .the rate that is 200 pip higher from the real chart.i contacted them and they told me they will check it out.and after two days they didnt answer and i contact them again and they told me its because of volatility.
my trade account is MT5-ECN-5562136
THEY ARE ABSOLUTLY THIEVES . They will stole your money be sure !!
hi can i invest from Hong Kong
Can I invest from JAMAICA???
Dear Tamara,
Yes you can invest.
Best regards,
representative of LiteForex
Dear Nelly,
Can you tell your account number please? We will check all information which you are talking about. We should be sure that information is truthful.
Best regards,
representative of LiteForex