Liteforex review

Join live discussion of liteforex.Com (.Org) on our forum the liteforex brand was created in july 2005 with the aim of making traders’ work in the forex market transparent and accessible wherever in the world.

Top-3 forex bonuses

We were the first to introduce cent accounts with a minimal deposit of as little as 1 USD. This unprecedented step made forex available to hundreds of thousands of clients and changed the history of the forex market's development.

Liteforex review

Liteforex is a forex broker. Lite forex offers the MT4 and MT5 forex trading top platform. Liteforex.Com offers over 50 forex currency pairs, cfds, stocks indexes, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

October 4, 2017: the FPA scam finding against liteforex dated september 17, 2013 has been lifted. Two of the four traders involved have received their funds. The FPA has seen evidence that the funds of the other two have been moved to their trading accounts. All other terms to lift the scam finding have been met. The FPA considers this issue to have been resolved.

We thank the CEO of liteforex for her efforts in fixing these problems.

Other websites of this company include liteforex.Org

Broker details

deposit methods:

bank wire, VISA, mastercard, bitcoin, bitcoin cash, bitcoin gold, ether/ethereum, litecoin, local bank deposits, monero, neteller, perfectmoney, qiwi, skrill, yandex money

withdrawal methods:

bank wire, VISA, mastercard, bitcoin, bitcoin cash, bitcoin gold, ether/ethereum, litecoin, local bank deposits, monero, neteller, perfectmoney, qiwi, skrill, yandex money

Live discussion

Join live discussion of liteforex.Com (.Org) on our forum

Liteforex.Com (.Org) profile provided by sebastian żurawski, jul 24, 2017

The right place for trading: an exceptional experience on forex market with liteforex

The liteforex brand was created in july 2005 with the aim of making traders’ work in the forex market transparent and accessible wherever in the world. We were the first to introduce cent accounts with a minimal deposit of as little as 1 USD. This unprecedented step made forex available to hundreds of thousands of clients and changed the history of the forex market's development.

Now the liteforex brand brings together two companies, liteforex (europe) ltd (ex. Mayzus investment company ltd) (cysec) and liteforex investments limited (marshall islands), which provide service to traders, partners, and institutional clients in more than 200 countries. Our goal today is to ensure the highest quality of service and enlarge regularly the range of our tools and products, keeping pace with the latest technologies and using our rich professional experience.

Liteforex investments limited registered in the marshall islands (registration number 63888) and regulated in accordance with marshall islands business corporation act. The company’s address: ajeltake road, ajeltake island, majuro, marshall islands MH96960.

Liteforex (europe) ltd (ex. Mayzus investment company ltd) is registered as a cyprus investment firm, authorised and regulated by cyprus securities and exchange commission (cysec) and acts in accordance with the markets in financial instruments directive (mifid). Liteforex (ex. Mayzus) is a member of the investor compensation fund, which guarantees that all of its clients’ funds are secured and insured (up to 20,000 EUR). Liteforex (ex. Mayzus) is registered in accordance with the requirements of the following countries’ regulatory bodies.

Liteforex investments review and tutorial 2021

Go to the brokers list for alternatives

Liteforex investments limited is a regulated forex & CFD broker offering the MT4 & MT5 trading platforms.

Trade on popular FX pairs and cross-rates

Trade on a dozen different crypto coins

Liteforex investments limited is an established CFD and forex broker. Clients can trade on the metatrader 4 (MT4) and metatrader 5 (MT5) platforms using multiple deposit and withdrawal methods. This broker review will provide insight into the sign-up process, contacting customer support, as well as bonuses and leverage; helping you to make an informed choice.

Liteforex overview

Liteforex investments limited was founded in 2005. It boasts 500,000 clients worldwide and has headquarters in the marshall islands. The group also has offices in the philippines, kenya, myanmar, tanzania, ghana, nicaragua, india, indonesia, vietnam, iran, and a recently opened office in lagos, nigeria. To cater to its global audience, the owner has ensured the website and platform are available in english and 14 other languages.

Note liteforex (europe) ltd operates as a separate broker offering trading services to clients from europe.

Trading platforms

Liteforex investments limited offers the metatrader 4 (MT4) and metatrader 5 (MT5) trading platforms. Developed in 2005 and 2010 respectively, these systems have become the foremost platforms for online forex and CFD trading.

The platforms can be downloaded to mac or PC devices. Alternatively, the webtrader interface lets you trade directly from an online browser. The setup and verification process is quick and intuitive so users can start trading within minutes.

Liteforex trading platform

Both downloadable platforms are user-friendly while the web terminal offers extensive customisation. They come with multiple chart types including, line, candlestick, and bars. MT5 offers more indicators and advanced analysis tools, including a built-in economic calendar, 21 timeframes, plus a depth of market feature. Still, metatrader 4 remains the most popular platform and has everything needed to implement successful trading strategies.

Assets & markets

Trading assets available to all account holders include:

Currency – FX trading is available 24/5 on major, minor, and exotic pairs

Commodities – trade gold and oil 14/5 with consistent liquidity

Global stock indexes – trade cfds on major global indices, including the US30 (dow jones)

Cryptocurrency – popular crypto pairs, including bitcoin, provide an alternative to traditional markets

Spreads & commissions

Liteforex investments limited takes its fee from the spread. Spreads are specific to the account and asset being traded. The classic account uses a spread based system and the ECN account, a commission-based system. Commission is charged at $5 per lot.

Spreads are generally competitive, although major currency pair spreads can be around 2 pips, which is relatively high. On major indices such as the FTSE 100, spreads begin at 1 point.

Leverage

Leverage up to 1:500 is available. When signing up, users can select the leverage they desire. Details of the margin call process can be found in the FAQ section of the broker’s website.

Mobile app

Mobile trading is available through the MT4 and MT5 platforms. The apps are available to download free of charge on both android (APK) and apple (ios) devices. Users get signals, news alerts, and a range of price analysis features for different trading strategies. The mobile apps are also easy to navigate and available in eight different languages.

Liteforex mobile app

Payment methods

Traders can deposit directly into their liteforex investments limited account via:

Credit/debit card (visa & mastercard)

Bank transfer

Webmoney

Centrepay

Neteller

Skrill

Deposit options include; alipay, yandex, and dengi. The minimum deposit for all accounts is $50 and payments are usually processed the same day. Clients can also fund their accounts with cryptocurrencies, such as bitcoin.

Liteforex investments limited offers an automatic withdrawal feature that enables traders to withdraw funds up to $100 per day within 24 hours and is available on skrill, perfect money, and neteller. Withdrawal charges are specific to the provider.

Note paypal is not available.

Demo account

Liteforex investments limited does offer a demo account which is a great way to test the broker and refine your trading strategy without incurring any risk. The sign-up process is straightforward and an account opened in under a minute.

Bonuses & promotions

Liteforex investments limited regularly offers promotions and contests. At the time of writing, it does not offer a welcome bonus or any promo codes. However, there is a promotional offer to get a rebate on deposit fees, so payments are essentially free. Also, liteforex investments limited runs a ‘dream draw’ with a prize fund of $350,000 and a video blogger contest with a prize pool of $1,000. The broker also runs trading contests with cash prizes up to $4,000.

See the broker’s website for the latest no deposit bonuses and promo codes in 2021.

Regulations

Liteforex investments limited is registered in the marshall islands (registration number 63888) and regulated in accordance with marshall islands business corporation act.

The company’s address is: ajeltake road, ajeltake island, majuro, marshall islands MH96960.

Additional features

Liteforex investments limited has a cabinet full of tools to facilitate successful trading including; an economic calendar, a world market news blog, and both a margin and fibonacci calculator all accessible via the homepage. Additional support is supplied in the form of claws&horns’ expertise; an analytical agency providing comprehensive analytical tools.

Liteforex – claw & horns analysis

Account types

Liteforex investments limited offers two primary live accounts; the ECN account and a classic account.

ECN account

For professional traders and investors, liteforex investments limited recommends the real-trading ECN (electronic communications network) account. The account offers an interest rate of 2.5% on surplus funds, an unlimited duration of transactions and trades are delivered directly to liquidity providers. Only the MT4 platform is available to ECN account holders.

Classic account

The classic account is available to experienced traders. No interest is paid on surplus funds and no commissions are charged. Both the MT4 and MT5 trading platforms are available. To sign up for an account, select ‘registration’ which you will find in the top right-hand corner of each page.

ECN vs classic accounts? Both have their merits, so ensure that you do your research. As accounts correspond to different servers, it is not possible to change the account type once opened, to do so you will need to delete the account.

A forex islamic account is a halal trading account and is available to those traders prohibited from conducting trades involving interest rates, owing to religious beliefs.

Benefits

Liteforex investments limited picks up particularly good ratings in the following areas:

Licensed

Copy trade services

Social trading platform

Automated trading – apis

Good customer reviews in 2021

Breadth of assets & trading tools

Drawbacks

The primary drawback is that some users have reported an inability to withdraw funds. Fortunately, the customer support team seem prompt to respond to reported withdrawal problems. Other downsides include the lack of PAMM accounts.

Trading hours

Trading platforms are open and usable 24/7, however certain markets only permit trading between specified hours. This is something to consider when trading stocks at the weekend, as it is likely margins will be lower and profitability reduced.

Any changes to standard trade hours are reliably communicated by the liteforex investments limited news blog. Also check for the respective server time where you’re based.

Customer support

Access to advice can be found via the live chat feature available from the chat logo on the liteforex investments limited website. Once users are passed the login page, the live chat icon will appear in the bottom right-hand corner of the screen. Alternatively, traders can contact customer service representatives by:

Email – clients@liteforex.Com

Phone – 88007072963

Customer support can help with most queries, including around internal transfers and admin issues.

Liteforex investments limited community forums can also be found on:

The broker’s head office address: ajeltake road, ajeltake island, majuro, marshall islands, MN96960.

Safety & security

Liteforex investments limited offers a safe and secure platform and the site is protected with firewalls and isolated servers. Liteforex investments limited recommends a VPS to manage trades whilst users’ gadgets are switched off. It is not reliant on an internet connection or power supply and offers a degree of security to web traders.

Liteforex verdict

Liteforex investments limited is a legitimate broker with a lot to offer. There are a good range of tradeable forex and CFD assets, plus the MT4 & MT5 platforms. The website is easy to navigate, the support function easily accessible and there are multiple free analysis tools. The liteforex investments limited brand is largely inclusive and despite its international presence, remains tailored.

In response to whether it is a good broker? Yes, would be the answer. In response to how liteforex investments limited compares vs FXTM, XM, octafx, hotforex or FBS; traders should research thoroughly but this brand has a strong history and is a credible option.

Accepted countries

Liteforex investments accepts traders from australia, thailand, canada, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use liteforex investments from united states, japan, israel, .

Is liteforex regulated?

Liteforex investments limited is registered in the marshall islands (registration number 63888) and regulated in accordance with marshall islands business corporation act.

The company’s address is: ajeltake road, ajeltake island, majuro, marshall islands MH96960.

Is liteforex a trustworthy broker?

Yes – it has over a decade of industry experience and is backed up by a credible reputation and customer reviews.

Does liteforex offer automated trading?

Yes – liteforex investments limited does offer automated trading. EA trading robots are a popular option and the broker’s website provides details on how to start using them with your trading strategies.

Is there a liteforex demo account?

Yes – liteforex investments limited does offer a demo account. It is a great way to get to grip with the MT4 and MT5 platforms and to explore different strategies.

Does liteforex offer copy trading?

Yes – to start copy trading users will need an account with a minimum balance. Access the ‘traders’ section to find all the information on any trader.

Liteforex reviews for 2021

Do you work with liteforex? Please leave your review and share your experience of using the liteforex services.

You will find real reviews and comments from liteforex traders here:

Total reviews is 49. Average rating is 4.77

Review by thomas sweetbert

Liteforex is the best broker especially in social trading platform, best affiliate programs, a lot of good trading tools.

Review by william tan

Fast and smooth transactions and withdrawals. Trading tools and platform are all great and working well. Great support.

Review by awan soetjiaswadi

It's been 5 years trading at liteforex. Just a comfortable experience, and the important thing is the support response .

Review by joseph mendoza coronado

Liteforex is the best. Very transparent. Fast loading website, fast withdrawal take only 1-3 days. Sometimes 2 hours. Su.

Review by nurakmal ramli

I am using ECN litefinance account in terms of spreads and commissions. For those who want to start as an investor, this.

Review by charles N.

Best trading platform! Has the lowest spread and commission in the philippines! Charles N. Philippines.

Review by orlando C. Cabiles

Ive been to other broker but this is the best social trading platform, best affiliate programs, a lot of good trading to.

Review by việt hải

I mainly trade on the default currency pairs and liteforex are one of my best choice. Because of the low spread and comm.

Review by nguyễn minh tâm

Low spread and commission. Good.

Review by nguyễn bích nhật

Liteforex has a full operating license, fast deposit and withdrawal, low spread. I invested here quite well and the retu.

Review by lâm mỹ ánh

The withdraws/refills are quick. Extremely good support. GOOD! For 5-star floor.

Review by tai anh huynh

Amazing copy trade, good job.

Review by alexngo

I trade without complaint, new to this exchange, making $3200 in the first week. Good service, the spread is also ok, I .

Review by xuân trần

Liteforex is a quite strong investment channel in technology 4.0, I feel this page is very good for investors around the.

Review by quang hùng

Outstanding forex platform good payment system, deposit and withdraw very fast. Support team 24/7 help client professio.

Review by tony đạt

This is a good broker for trading. Liteforex have free swap and bonus.

Review by trần eden

I traded in lite for 3 month. Good services and analytics.

Review by hoàng giang

Good service and good copytrade platform. I make 300$/week from copytrade, thanks liteforex.

Review by lucky tran

I would like to say that liteforex is very good. Broker who provides great service ,easy to use and good communication .

Review by lệ cơ

Good broker, good service. I really appreciate the support team.

Yes, liteforex is registered in accordance with all legal requirements and regulations. The broker provides its services legally, is subject to external audits and has extensive experience in providing brokerage services in the financial markets.
Liteforex has won many prestigious awards from expert financial publications for providing the best brokerage services and having the best trading platform."

Trading with liteforex is absolutely safe as the broker is officially registered and has a license to provide financial services. Apart from that, the most popular trading platform in the world, metatrader, is used for trading with liteforex.

Yes, taking into account numerous client reviews across all the major rating websites, liteforex is trustworthy. Moreover, it is worth noting that liteforex has been operating since 2005 and has more than sufficient experience in providing trading services. The broker values its reputation and constantly improves the quality of its services.

Absolutely. More than one and a half million traders from all over the world trade in the financial markets through liteforex. The broker's clients include traders with deposits of any amount: from $50 to several millions of dollars.
1,809,503 trades in the financial markets are made every month through liteforex platform. The total liteforex trading volume per month is $19,7 billion.
You could check liteforex review also here.

No, there are no problems with withdrawal. All withdrawals are processed within 24 hours according to the regulation and the queue of withdrawal requests. Moreover, automatic withdrawal up to 200 works for all verified clients using electronic payment systems. This is an automatic withdrawal service - the funds are instantly transferred to the client's wallet after the request is made.

Instagram

Youtube

RSS feed

MQL5

Risk warning: trading on financial markets carries risks. Contracts for difference (‘cfds’) are complex financial products that are traded on margin. Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and taking into account your investment objectives and level of experience. Click here for our full risk disclosure.

The website is owned by liteforex group of companies.

Liteforex investments limited does not provide service to residents of the EEA countries, USA, israel, and japan.

Liteforex reviews and comments 2021

Worst broker of all time, to deposit is not a problem at all, but to withdraw is the biggest problem, I wouldn't recommend them to anyone.

Muthoni 12 january, 2021 reply

I wanted to give a try with this broker. But these number of comments suddenly scared the *** out of me.

Frank kimathy 12 november, 2020 reply

Dear broker, can you please check what's going on with approving my cards because you guys don't want to approve my cards both of them.

Togo sello frans 5 october, 2020 reply

This is the worst broker ever. I requested a withdrawal they are unable to approve my deposit. They are unable to make a deposit into my account but this is the exact same account that I used to deposit the money into my liteforex account.

Shanice 2 september, 2020 reply

Dear shanice, specify your account number please. We will check everything. Best regards, representative of liteforex

Liteforex 14 september, 2020

System is currently down. And all I can do is watch my money loose coz I cannot come out of my trade. Their chat room is also unavailable.

Myst 20 august, 2020 reply

Dear myst, provide more details please and tell your account number. We need to check everything. Best regards, representative of liteforex

Liteforex 25 august, 2020

It seems that I can't withdraw all of my deposits because it stated that my bank card is not verified. I can deposit, but can't withdraw at the same time using same bank card. I did contact clients support, but no reply.

Dear AJ, please be sure that you will not have any problems with withdrawal. Liteforex team will help you with any question. Best regards, representative of liteforex

Liteforex 25 august, 2020

Can this be possible? I just invested with liteforex 2 days ago where I was expecting to receive profit after 48 hours according to them. I'm now told that I have won $16,800 beyond my expectations. But first I should again deposit more $250 before I can be able to get access to my funds. I wish to be clear if there has ever been such.

Who knows if they really pay contest money to traders who fulfills their requirements?

Franklin 26 june, 2020 reply

Dear franklin, liteforex company always pays prizes to the winners of competitions. Best regards, representative of liteforex investments limited

Liteforex official 31 july, 2020

I registered with them since last year. They call me to make deposit and start trading but I decide to review them. But with this withdrawal issues I'm seeing, I m not funding my account anymore. Please I need trustworthy brokers for nigeria.

Ayodeji 20 june, 2020 reply

Dear ayodeji, liteforex do not have problmes with deposit and withdrawal. You can be sure that your money in safety. Best regards, representative of liteforex investments limited.

Liteforex official 24 june, 2020

My withdrawal money already 5 days still not received yet. Where is money?

Atiqah 9 june, 2020 reply

Hi atiqah, have you received your withdrawal money? I plan to join the liteforex and am not sure it's a right choice

Bawani 13 june, 2020

Dear atiqah, did you get you money? Best regards, representative of liteforex.

Liteforex official 24 june, 2020

Todays markets open and my account money has disappeared. No low margin alerts or trades, and no trade losses. Just for no reason, money seems to have disappeared. I have screenshots to prove this. Because I expect these things from liteforex to happen. They are very dodgy forex broker for years. Nothing has changed.

Chris 9 march, 2020 reply

They are not paying any commission for my clients. Now they have replied me with this. Please read as follow: "dear, your affiliate program was disabled for direct violation of affiliate agreement, clause 3.2. And it won't be enabled again. This is a final decision and it won't be discussed further. Best regards, client service department"

Shivshankar kumar shah 16 december, 2019 reply

Dear shivshankar kumar shah, may I know your UID number? We will check all information which you are talking about. Best regards, representative of liteforex

Liteforex 30 january, 2020

I'm confused by the reviews. Any reply from the liteforex about the withdraw problems?

Ismael 3 november, 2019 reply

Got bonus from liteforex. Trading is stable without requotes and delays in chart. Bonus usabel for trading but not for withdrawal. All profit from bonus available for withdrawal. I am using mt4 terminal for trading.

Edward 1 august, 2019 reply

I was using social trading platform from liteforex. Good way to earn without trading skill. I do not understand why I see negative reviews here. I used big sum of money for my copy trade and all my withdrawal requests was completed during several days. At this moment I am still using their services.

All the positive reviews about lite forex are abstract, only describing the allegedly positive characteristics of the company, no specifics, or specific person who received information about the features of the work of this system. All assurances of trouble-free withdrawal, too, do not carry any specifics - these are paid feedback from regular PR managers! And so many people were brazenly robbed! Newcomers who are looking for information about this company lite forex - I warn you right away - their work and earnings are your money taken away from you by fraud. And all this is a big fraud with bidding - no bidding, then you will simply be scammed. You will lose a lot of nerves besides your money while you try to get them back. Deceived and thrown customers go one after another! And positive abstract reviews are another trap for new ones to attract new money!

Marcus 4 june, 2019 reply

Dear marcus, please stop to publish libel and false information about our company. Best regards, representative of liteforex

Liteforex representative 20 june, 2019

Yess. It is true. Liteforex is no good broker. They finance department is *** bad to withdrawls. And support is not reply. Bonus is not really withdrawl. They are bad broker. I warn new user too. This is bad broker.

Yess 14 august, 2019

I wanted to open and fund my live forex account today with liteforex, but with all these complaints I am really afraid to commit my hard earned funds with them.

Fidelcastro 7 may, 2020

This is an update to my previous review about liteforex, its over 76 days now and what they keep saying about my withdrawal status is that they have sent it, have provided them with my banks statement on 2 occasions, they will only reply that they forwarded it to the financial department. Be wise look for a better broker unless you want to trade your funds like demo and not withdraw

Joshua 16 may, 2019 reply

Hello, if you have any documents or written correspondence proving that you had business with such a comapny, I can direct you to a comapny protecting investors being scammed or not educated enought to trade on the financial markets. They seem decent to me and are making at least some progress with my case.

Anthony G. 20 may, 2019

Lite forex (worst forex broker). Dear all, please be informed that I have an islamic account (swap free) and commissionable in lite forex since 29 jan 2019. I have a total deposited to my account USD 750 and I made the profit and the first week of april my balance is USD 1238.58. On 8th april when I requested to withdraw the full amount of my money, they deducted USD 517.23 as swap charge but my account was swap free. They did not charge swap amount when I closed my trade but they did charge USD 517.23 after withdrawal. Even they did not inform me that they will charge swap after withdrawal and I lost USD 517.23. So please stay away from lite forex to save your money.

Md mojaharul 10 april, 2019 reply

Dear md mojaharul, may I know your account number? We will check all information which you are talking about. Best regards, representative of liteforex investments limited

Liteforex representative 10 april, 2019

My lite forex account number: MT4-ECN-589894

Md mojaharul 16 april, 2019

Thank you for this comment. What happened to you is scary. I have downloaded the app, but luckily I didn't make any deposits yet.

Charmaine smit 28 july, 2020

Liteforex is a big scam please stay away from them they don't pay withdrawal I have a withdrawal pending from them for over a month today, from the history it was marked complete but they didn't actually send the money to me. Contacted them with both my bank statement still no sign of payment yet.Pls stay away from liteforex broker

Joshua 1 april, 2019 reply

Dear joshua, may I know your account number? We will check all information which you are talking about. Best regards, representative of liteforex investments limited

Liteforex representative 9 april, 2019

Lite forex does not pay withdrawal on time and they will ask you to wait after 1 month if you have intentions to just trade and not to withdraw then you can trust lite forex with your money otherwise a word is enough for the wise

Joshua 22 march, 2019 reply

Till date they are not paying. I think liteforex is a big scam. Stay away

Joshua 1 april, 2019

Especially useful for me are statistic and educational articles from this broker. I've followed advices which i can find in articles and predictions it helps me make my trading more profitable. Broker's trading strategies which o got from ios app are valuable complement to any level of trading experience. I think each trader will find positive sides in this broker. I am trading by using stop loss and take profit everything working stable.

Mickhael 20 february, 2019 reply

Liteforex removed my all fund MT4-ECN-581120. Liteforex big scamer

Md sahr alam 5 february, 2019 reply

Dear md sahr alam, please note that we notice several attempts of login for the accounts with non-deposit bonus from the same IP. This is a strict violation of the conditions of the bonus program. Please be informed that your withdrawal from 581120 will be returned and results of your orders will be cancelled due violation of bonus program conditions. Best regards, representative of liteforex

Liteforex representative 14 february, 2019

I have been trading in liteforex since first day of my trading practice and they have been so good and improving each year.Their social traiding platform is great and proftable. Now I am using the scalping strategy on ECN. I don't want to get negative experience in trading. I hope that this broker will work during many years.

Madri servik 10 january, 2019 reply

Liteforex is nonprofessional broker. I made withdrawal on 18.12.2018 (the amount is poor 100$) and have not received money yet. I asked reason and their answer was that they had already made withdrawal and blamed card processing center. It's very nonproffesional from their side. Please think beefore you choose liteforex as your broker to avoid problems like I have now.

Nino gabelashvili 27 december, 2018 reply

I apologise. I found out that withdrawal problem was bank's fault. Today I received my money finally.

Nino gabelashvili 4 january, 2019

I am begginer in forex. I decided to open account with liteforex as my colleague recommend me. I traded and made a little profit, so I decided to withdraw my poor profit and made it on 18.12.2018. Regarding agreement it needs 1-3 days, but I was surprised when I didn't receive money on my card 21.12.2018. So I contacted to support team and asked reason. They said that they have some problem with card payment. Does anyone have the same problem? I don't know it's just coincidence or I am scam. Please give me advice

Nino gabelashvili 22 december, 2018 reply

I have real account with liteforex and with other brokers also. I trade with worldwide brokers as liteforex and other. There is a little differences between trading conditions of this brokers but quality of trading can be different because brokers has different providers. I do not have any serious problems with liteforex. This is a good broker with nice conditions for traders. I can say one thing if you want to use scalping strategy you need to use ECN account. I am using standard account and this strategy is not comfortable for this type of account. Also I like to use carry trade strategy by trading with liteforex and another broker.

Vikus 20 november, 2018 reply

Hello. I am a trader in forex since 2011 and during this time i have worked with 22 to 23 brokers. When I was a beginner I was losting my money very much and I started to participate in courses and using viedo tutorals in internet. So long as you make losses in a broker you are a good client and they contact you very much and you receive lots of ad letters and the encourage you that you should deposit again. Definitely when you start to make profit in market and you are well exprienced at that time your dificulties with broker start. I was not excluded from this rule. I started to make profit in forex in recent years and then the deficulties with liteforex has been started. I decided to withdraw my profit which amounted to 1500$ at 26.01.2018 but my order was pending (not processed) till 01.02.2018 while according to the agreement this company should do the withdrawal requests within 3 days. 5.1.3. Funds withdrawal is carried out within the period set individually for each payment system, from 1 to 3 working days. It is inserted on the website that margin call 100% & stop out 20% and margin call is described in the description part the same. Margin call - a message from a dealing centre to a trader saying that it is necessary to increase funds on marginal account. Any time your margin reach below 100%, the broker warn you to deposit your account or make it zero.

Liteforex review

This broker was not featured in our 2021 broker review audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.

We review all brokers to a strict and unique methodology, to ensure that we only promote high quality brands that you can trust. This methodology considers over 200 criteria points, covering the categories of safety, fees, platforms, products, payments and customer support. All brokers are then given a score out of 100. We update this methodology and our recommended reviews yearly, so that you’re only given up to date information.

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Liteforex is a forex broker operating out of marshall islands, and as such falls under the financial laws of the marshall islands business corporation act. Not quite on a par with the strict regulations and requirements laid down by well recognised regulatory bodies such as the FCA, so if you choose liteforex as your forex broker you aren’t going to have the same level of protection. Nevertheless, we believe in giving everyone a fair crack at the whip, so are going to continue with our liteforex forex broker review.
Liteforex has more than 10 years experience in the industry, so they must be doing something right. And they have been included in the UK’s leading financial magazine ‘world finance’ top 100 list.

What trading conditions you can expect with liteforex

With liteforex you can expect to trade some of the most popular assets, with not too bad spreads. And that includes not just foreign currency pairs, but cfds, precious metals, oil, and world indices. Both fixed and variable spreads are available, and accounts operate on a commission free basis. Minimum deposit is jus $1, and you can get up to 1000:1 leverage. We should, however, point out the fact that while high leverage can be potentially very profitable, it also increases the chance of heavy losses.

Liteforex offers the industry standard metatrader 4

Like many other forex brokers liteforex have decided to offer their clients MT4 and MT5 for their trading platform. Metatrader mobile is also available for those who prefer to trade using their mobile devices. If you’d prefer not to have to download the trading software, there is also a web-based metatrader 4 webterminal, based on HTML5.

Liteforex has a fair selection of accounts

To suit the needs of a wide range of clients liteforex offer a good variety of accounts. Aside from the demo account, which is always a welcome addition, there is a cent account, a classic account, an ECN account, and a PAMM account. Let’s look at some of the features.
Cent account – minimum deposit $10; fixed spreads from 2 pips; leverage up to 1000:1; minimum lot size 0.1; lot size $1000; margin call level 50%; islamic account available; MT4 or MT5 trading platform
classic account – minimum deposit $100; fixed spreads from 2 pips; leverage up to 500:1; minimum lot size 0.01; lot size $100,000; margin call level 50%; islamic account available; MT4 or MT5 trading platform
ECN account – minimum deposit $1; floating spreads from 0.9 pips; leverage up to 400:1; minimum lot size 0.01; lot size 100,000; margin call level 100%; islamic account available; MT4 trading platform
PAMM account – minimum deposit $200; floating spreads from 0.9 pip; leverage 200:1; minimum lot size 0.01; lot size $10,000; margin call level 100%; islamic account available; MT4 trading platform
liteforex have also chosen to enter the world of social trading and have introduced a way to synchronise your trades with successful providers, as well as opportunities to become a provider and earn extra income when other traders duplicate your trades.

Liteforex have some interesting bonuses

Liteforex seem to appreciate the benefit of having bonuses. There are a number to choose from so let’s give you the details, before we consider some of the terms and conditions that are bound to be attached.

Bring a friend 2.0 – the more friends you introduce the more bonus rewarded. $15 for each attracted friend, $10 for a 2nd level friend, $5 for a 3tf level friend, and $2 for a 4th level friend. It operates on different levels, as you can benefit not just from the immediate referral, but their referrals too. There is also a 20% bonus when you open your account, deposit at least $100 and join the refer a friend program.

Non-stop bonus promotion – deposit more than $100 into your trading account in the first 24 hours after is opening, then a further 15% for subsequent deposits over $100.

Pips back – up to 35% spread rebates back for members of the VIP club, and provided a minimum deposit of $500 has been made.

The terms and conditions for some of these bonuses are a little hefty.
So what do we think of liteforex? There is a lot going for this well-established broker, but there is one thing that really lets it down and that’s the lack of recognised regulation. Nevertheless, the range of assets is good, spreads aren’t over the top, bonuses are worthwhile and there are even some contests. The lack of regulation is not necessarily a bad thing, but being licensed and regulated by a body like cysec or the FCA would definitely make this broker far more attractive. But at the end of the day, the choice of broker is entirely up to you. And there is always the option of opening a demo account first, before risking real money.
Have a look at our top rated forex brokers in your country:

Liteforex review

Overview

Liteforex appears to be a large international company, successfully operating on the market since 2005.

Details

broker	liteforex
website URL	liteforex.Com
founded	2005
headquarters	124 gladstonos street, the hawk building, 4th floor, limassol, cyprus
support number	8-800-707-29-63
support types	callback, phone, forum, chat, skype, email
minimum 1st deposit	10$
minimum trade amount	1$
bonus	bonus up to 200%
leverage	1:500-1:1
spread	from 0,1 point + commision for 1 lot 5$
free demo account	open demo
regulated
regulation	cysec (093/08)
account types	demo, CENT, CLASSIC, ECN
deposit methods	bank transfers, credit cards VISA, mastercard, QIWI, OKPAY, skrill, webmoney, neteller, cashu, yandex.Money, easypay, perfect money, JCB cards, bitcoin, cardpay, etc.
Withdrawal methods	bank transfers, credit cards VISA, mastercard, QIWI, OKPAY, skrill, webmoney, neteller, cashu, yandex.Money, easypay, perfect money, JCB cards, bitcoin, cardpay, etc.
Number of assets	145
types of assets	forex, currency, metals, oil, indices, futures, CFD, crypto currency (bitcoin, bitcoin cash, dashcoin, ethereum, ethereum classic, litecoin, monero, ripple, zcash)
account currency	USD, EUR, CHF, RUB, GBP, PLN
US traders allowed
mobile trading
overall score	5/10

Full review

Certainly, you’d like to know whether liteforex is a scam or it’s worthy company you can fully trust. We’ll answer this question here below.

For 10 years of its existence, liteforex was able to quickly gain a reputation as a reliable broker. Traders around the world choose this company as it’s not going to stand still. Despite its success, it’s constantly developing, regularly introducing new services, opening its representative offices around the world. One of the most intriguing secrets of its success is that the company’s constantly working on expanding the opportunities of its clients in the foreign exchange market.

The company’s reputation is confirmed by a huge number of clients around the world (about half a million), as well as many prestigious awards (for example, the recognition of the broker as the best in asia, africa and latin america and the fastest growing forex broker in asia and western europe, the authoritative english edition of world magazine included the company in the list «world finance 100»). The company has offices in more than 15 countries throughout the world and the number of its partners representing the broker in up to 216 countries keeps soaring that guarantees the possibility for traders to receive a high level of service in their native language anywhere in the world.

When talking about indisputable advantages of the broker, many traders point to its user-friendliness, innovations, a variety of services, low spreads and fast execution of orders. Traders can access a large list of financial instruments: currency pairs, crypto assets, precious metals, futures, cfds, indices, oil. The company’s clients can use a stable trading terminal metatrader 4 as well as its updated version metatrader 5. Besides this, traders can use a convenient web version this terminal – webterminal. Another available platform is socialtrading. That’s a social network of traders with a possibility to use four ways to copy transactions. Being in touch with traders from various countries, you can use the valuable experience of this community to achieve your ambitious goals.

Traders can work with convenient mobile forex trading applications of the broker’s own development. Having installed such an application, the trader can count on 24-hour free analytics and trading signals. VIP club customers can use a profitable service pips back, enabling them to receive additional bonuses in the form of a refund of the spread from each trade transaction. The official site of the broker contains a huge amount of information: daily relevant analytical articles, newsletters, materials from the independent claws & horns portal, articles, video reviews, trade signals, expert opinions of specialists in all popular languages.

Replenishment and withdrawal of funds

Liteforex offers its user a variety of ways to deposit and withdraw funds. Thanks to the system of instant automatic internal transfers between trading accounts, cash flows are conveniently allocated. To replenish your trading account you need to go through a quick registration procedure with the broker, deposit the desired amount, choosing a convenient way of transferring funds (the minimum deposit is $10). To deposit funds you can utilize modern payment systems – from conventional bank cards to electronic payment systems:

Credit cards,

Bank transfers,

Electronic payment systems: QIWI, OKPAY, skrill, webmoney, neteller, cashu, yandex.Money, easypay, perfect money, JCB cards, payonline, egopay, alfa-click, telemoney, bitcoin, cardpay, etc.

All requests for withdrawal are handled by the broker for no more than 4 working hours. If you’re going to withdraw no more than $100, your request will be processed automatically. It undoubtedly speeds up the withdrawal procedure and ensures instant receipt of funds. The broker doesn’t charge commissions for replenishment and withdrawal of funds. Moreover, the company reimburses the commission paid by the user to the payment system when replenishing the account.

Complaints about liteforex

The internet offers a lot of different reviews about the broker, but the positive ones definitely dominate, and in many respects it proves the correctly chosen niche of development as well as reputation of the company. Most traders recommend trading with liteforex, noting such advantages as the stable operation of the terminal (without freezes), favorable trading conditions, fast withdrawal of funds, low spreads, the availability of contests and bonuses, excellent market forecasts, high quality webinars, serious analytical materials on the site, professional assistance of competent experts of the technical support, convenience of work for scalpers and beginners.

Negative moments are very few. Sometimes traders mention rudeness of consultants, rare problems with the auto-withdrawal of funds and failures of the trading terminal. In general, liteforex is quite successful in the foreign exchange market, so we can suggest it has the most serious intentions. Innovative services, a high quality terminal, a lot of competitions, professional analysts – all of this makes trading on the platform stable and efficient.

If we find complaints about liteforex, we will post it on social media. Follow us to be well informed:

Is liteforex a scam?

Today liteforex is one of the most successful and dynamically developing companies. The broker has been working all over the world for over 10 years, providing qualitative services and profitable trading conditions. In many respects, the company’s success is confirmed by a large number of positive responses (many traders really recommend liteforex). Certainly, it helps to increase the overall level of confidence in the company.

Another positive factor is the provision of cutting-edge trading terminals metatrader 4 and metatrader 5, a mobile application of its own design as well as unique functions and capabilities, which make trading on the platform much more productive. The very willingness to invest money and time in the further development of services and solutions clearly indicates that the company has serious plans to grasp leadership positions.

Besides this, traders appreciate the broker’s highly informative website. It contains materials about the company, trading options, terminals, bonuses, analytics as well as training information. In many respects it demonstrates a thoughtful policy of working with the users, which is not typical to scams. Liteforex turns out to be a licensed broker and it has a positive effect on the attitude towards it from traders. Verification is required to trade on the platform, and it also shows the whole seriousness of the company’s intentions.

Should we label this company as a scam? We would answer unequivocally – no! More than 10 years of successful work with traders around the world, favorable terms of trade, recommendations from grateful users prove our point of view. If you don’t want to have any problems with the broker, work with your personal manager in the proper way. You need to specify all the necessary information about the rules for using bonuses and the procedure for withdrawing funds.

Regulation of the broker

Liteforex is registered in the marshall islands, so it’s subject the legislation of this country (marshall islands business corporation act, license number 63888). Additionally, the company has a license cysec (093/08), mifid, which guarantees the reliability and security of trading. All the clients’ funds are insured in the compensation fund of investors.

Bonuses from liteforex

Each trader of the company can receive 2 types of bonuses:

Traders can count on the welcome bonus for deposit replenishment over $100 within 24 hours after account opening. In order to activate the bonus, you should enter the promotional code in the special field when you replenish your trading account. We recommend you to specify the terms and conditions of the bonus with the personal manager.

For every deposit over $100 a trader can obtain a bonus of 200%. You can have this bonus withdrawn as soon as the conditions of the bonus promotion are fulfilled. We recommend you to specify the terms and conditions of the bonus with the personal manager.

Conclusion

The forex-broker liteforex has been successfully providing its services to traders around the world for more than 10 years. Offering high quality services and innovative capabilities, the company is gaining trust from its users. It doesn’t stand still, it’s constantly developing. The company receives prestigious awards, extends the number of reviews and increases the number of financial tools. It’s one of the most dynamic forex brokers on the market. The presence of regulation, a highly informative official website, a large number of positive reviews about it – all of this gives a solid reason to trust this broker.

It’s worth noting that liteforex has been ensuring stability and reliability of forex trading (truth about forex) for many years. That’s why today we aren’t going to label it as a scam. The traders’ responses we are waiting for this article will change the rating of the broker and also warn market players against possible problems.

Liteforex review

Overview

Liteforex appears to be a large international company, successfully operating on the market since 2005.

Details

broker	liteforex
website URL	liteforex.Com
founded	2005
headquarters	124 gladstonos street, the hawk building, 4th floor, limassol, cyprus
support number	8-800-707-29-63
support types	callback, phone, forum, chat, skype, email
minimum 1st deposit	10$
minimum trade amount	1$
bonus	bonus up to 200%
leverage	1:500-1:1
spread	from 0,1 point + commision for 1 lot 5$
free demo account	open demo
regulated
regulation	cysec (093/08)
account types	demo, CENT, CLASSIC, ECN
deposit methods	bank transfers, credit cards VISA, mastercard, QIWI, OKPAY, skrill, webmoney, neteller, cashu, yandex.Money, easypay, perfect money, JCB cards, bitcoin, cardpay, etc.
Withdrawal methods	bank transfers, credit cards VISA, mastercard, QIWI, OKPAY, skrill, webmoney, neteller, cashu, yandex.Money, easypay, perfect money, JCB cards, bitcoin, cardpay, etc.
Number of assets	145
types of assets	forex, currency, metals, oil, indices, futures, CFD, crypto currency (bitcoin, bitcoin cash, dashcoin, ethereum, ethereum classic, litecoin, monero, ripple, zcash)
account currency	USD, EUR, CHF, RUB, GBP, PLN
US traders allowed
mobile trading
overall score	5/10

Full review

Certainly, you’d like to know whether liteforex is a scam or it’s worthy company you can fully trust. We’ll answer this question here below.

Replenishment and withdrawal of funds

Credit cards,

Bank transfers,

Electronic payment systems: QIWI, OKPAY, skrill, webmoney, neteller, cashu, yandex.Money, easypay, perfect money, JCB cards, payonline, egopay, alfa-click, telemoney, bitcoin, cardpay, etc.

Complaints about liteforex

If we find complaints about liteforex, we will post it on social media. Follow us to be well informed:

Is liteforex a scam?

Regulation of the broker

Bonuses from liteforex

Each trader of the company can receive 2 types of bonuses:

Conclusion

Forex: largest, most liquid market for trading currencies

Educational materials and demo contests for beginners

Trading blog forex

Regularly updated and carefully selected learning materials and forex strategies, described by professional traders.

Demo contest for beginners

Monthly contest BEST OF THE BEST

Become the best in trading forex,cfds, shares, indices, gold, oil, and other commodities and win up to $4000 on your live ECN account for trading

Optimal choice for opening a forex account

Provided for any category of traders, including professional ECN accounts with floating spreads and unlimited trading strategies

CLASSIC

Trading platforms

Most popular professional trading platforms metatrader 4 and metatrader 5 and their mobile and web versions

Some of the lowest spreads in the forex market

And over 145 tools for successful trading

Variety of deposit/withdrawal methods

The latest analytical materials are at your command as well.

The art of analysis from claws&horns

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 liteforex's clients.

The material published on this page is produced by the claws&horns company jointly with liteforex and should not be considered as the provision of investment advice for the purposes of directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Are you a beginner?

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Let others copy trades from your accounts

Earn extra commissions from your investors

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Top 3 traders in the past month

Past performance is not an indication of future results.

Affiliate programs at liteforex

Exquisite cooperation opportunities with the leader of the forex industry
become liteforex's partner and make money from our 3 programs

Regional representative

Promote liteforex’s brand in your region and manage liteforex’s local office

Company's news

Instagram

Youtube

RSS feed

MQL5

The website is owned by liteforex group of companies.

Liteforex investments limited does not provide service to residents of the EEA countries, USA, israel, and japan.

Liteforex review

What do traders say about liteforex ?

After reading some traders reviews, we found out that there are some problems that were reported by traders. Traders that have used liteforex are giving bad reviews and warn other traders not to use them.

It is important to make sure that you know what other traders are thinking about a broker before you just start using them. And, in this case, the reviews aren’t really positive.

What do regulators say about liteforex ?

This is the most important thing you need to know about brokers before making any commitments. Is liteforex regulated ? Is it an offshore regulation ?

Most brokers are unregulated or regulated by an offshore regulation authority which doesn’t mean much because there wont be anyone making sure that they aren’t doing any illegal things. Keep in mind that if a broker steal your money, you won’t be able to fight back unless they are regulated by a serious regulatory agency such as the cysec (cyprus securities and exchange commission).

An unregulated broker is clearly not authorized to operate in any country and you should definitely avoid it and never deposit your money into it.

Liteforex is an unregulated offshore broker owned by liteforex investments limited and located at trust company complex, ajeltake road, ajeltake island, majuro, marshall islands.
You should definitely avoid any unregulated broker and liteforex is one of them.

They can be contacted by phone at this number : 0817071696 or you can send an email to clients@liteforex.Com.

Have you been scammed by liteforex ?

Have you been victim of this company ? You have lost a lot of money, and the possibility to make some profit ? This is something that will make anyone furious. However, the good news is that we can help you.

Help is available for you to recover your funds from fraudulent brokers. The only thing that you need to know is where you can get that help. You don’t wants to land in another scam besides the forex trading scam as well.

Chargeback is the solution

This is the good news. When you are making use of chargeback, you will be able to recover your funds from liteforex. Funds that you thought you have lost forever. Yes, you can report it to the police or even open a case at your lawyer, but this isn’t going to bring your money back in most cases.

Using a chargeback service like mychargeback is the only way to get your money back into your account.

Get your money back NOW !

Fill out the form below and get a FREE consultation today

Liteforex

Liteforex reviews

Liteforex investments limited has been providing brokerage services since 2005, and during this time has managed to gain trust among traders from all over the world due to its individual approach to each client and favorable trading conditions. Today liteforex is engaged in the provision of the following services:

Forex, CFD contracts, oil, metals, and indices trading;

Instant execution of transactions without requotes and delays thanks to ECN technologies;

The system of PAMM-accounts;

Copying trades using the sirix trading platform;

Own VPS server with different rates for its clients;

Return of the spread up to 35%;

Deposit insurance up to 100% for deposits of $ 500 or more;

VIP club for those who want to have additional privileges;

Personal manager services;

Liteforex regulation

Liteforex is registered under no. 63888 in the marshall islands and is regulated under the marshall islands business corporation act.

Types of liteforex accounts

Liteforex broker provides its clients with three types of trading accounts, as well as PAMM accounts, which we will discuss separately:

Cent (the minimum deposit is 10$, leverage 1:1000, a deposit bonus is 30%, the spread is fixed from 2 points type of execution – instant execution) – if you are a long time trade on demo account, but I'm afraid to go to real, cent account is ideal for these purposes, it is enough to make a small amount on deposit, in order to understand the psychology of the market from the inside;

Classic (minimum deposit – $ 100, leverage – 1:500, deposit bonus – 30%, spread – fixed from 2 p., execution type – instant execution) – this account is suitable for experienced traders who have been trading for several days and clearly adhere to their strategy;

ECN (minimum deposit – $ 500, rate-7.5% per annum, leverage-1: 400, spread-floating from 0.9 p., no commissions, execution type-market execution)-thanks to ECN technologies, full transparency of trading operations and high speed of order execution are provided, which is so important for professional traders.

Features of trading with liteforex

Expert advisor trading, news trading, and scalping are allowed;

Automatic withdrawal of funds up to $ 100 to verified clients;

If the price changes sharply during the news release, the company reserves the right to make adjustments if the client's request (order) was rejected or partially executed by the counterparty;

The request processing time depends on the quality of the internet connection between the client terminal and the server, as well as the state of the market, and is 3-5 seconds under normal conditions and 5-15 seconds during server load (news output, etc.);

If volatility increases, the company may increase the margin or spreads without prior notice;

The company can cancel trades if they were made at a non-market quote, software failures were detected on the server, less than two minutes passed between opening and closing an order, or less than two minutes passed when opening multidirectional orders (does not apply to ECN accounts).

Liteforex VIP club

Every liteforex client can join the VIP club and get the following benefits:additional benefits: return of the spread up to 35%, trading signals in the form of SMS to your phone, payment of commission for deposits, advance payment on credit to maintain your balance for three days, personal analyst. Any liteforex client can become a VIP client absolutely for free. To do this, you need to top up the deposit for a certain amount: bronze (0-250 dollars), silver (251-2 500 dollars), gold (2 501 – 10 000 dollars), platinum (10 001 – 50 000 dollars), elite (from 50,001 dollars). Depending on the category, you get a different package of privileges. So, for bronze, SMS signals for 30 days are available, and for silver-SMS signals for 30 days and commission compensation, etc. In addition, in the VIP store, you can buy VPS servers and SMS signals for LP – these are special club points that are earned depending on the volume of trade.

Liteforex PAMM account system

Broker liteforex offers favorable conditions for cooperation between the manager of the PAMM-account and investors. To open an account, the manager will need at least $ 200, for an investor-from $ 10. The PAMM account manager specifies in the offer the amount of remuneration that he would like to receive for his services. How profitable and stable it will be to trade depends on what place it will take in the rating. With the help of the rating, the investor can choose the manager they need. At the same time, the number of managers is unlimited, and by distributing investments among several traders, the investor can diversify their risks. The transparency of PAMM accounts means that investors 'funds do not go to the managers' accounts, but remain in the owners ' accounts, so investors do not have to worry about the security of their funds. Moreover, the investor can set the drawdown and profit levels at which the investment will be detached. Thus, liteforex is a decent company with transparent trading conditions, but its own specialthere are some issues that should be taken into account so that there are no problems with the support service later. The advantages include the presence of various bonuses and contests that help you quickly get used to the initial stage of acquaintance with forex. For example, there is a "bring a friend 2.0" promotion, where you can get $ 15 for a friend you bring, $ 10 for a second-level friend, and $ 5 for a third-level friend, as well as a 30% bonus for adding funds to a new account. In addition, regular contests are held among owners of demo accounts and partner accounts with real cash prizes.

Liteforex FAQ

How do I open a liteforex account?

Log in to the client's accountusing your username (email) and password from the liteforex client's account. Go to " settings "(the menu is available by clicking the arrow next to your name). Find the "my profile" line and click the "edit" button.

Top up your trading account that you are going to provide for copying in the "finance" section"

Set up an invoice: set your profit share, make the account available for copying in the rating of traders, write some information for copying traders about your trading strategy.

Is liteforex broker reliable?

The broker has been operating since 2005 and is regulated by cysec.