Liteforex minimum deposit

Discover new trading prospects with the social trading platform. Liteforex investments limited registered in the marshall islands (registration number 63888) and regulated in accordance with marshall islands business corporation act.

Free forex bonuses

Forex: largest, most liquid market for trading currencies, liteforex minimum deposit.

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

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.

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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

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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 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. Email:

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

Liteforex – forex broker rating and review 2021

status
	http://www.Liteforex.Com/
regulation	marshall islands business corporation act
trading software	metatrader4/5, sirix
headquartered	ajeltake road, ajeltake island, majuro, marshall islands MN96960.

Our company was founded in 2005 to make the forex market accessible, safe, easy and profitable for traders from all over the world. Guided by those purposes, we were the first to introduce cent accounts with the initial deposit of as little as $1, thus making forex available to thousands of clients. Nowadays, liteforex broker is one of leading brokerage companies that unites traders worldwide. Liteforex is on the top 100 companies list according to world finance. Our representative offices are opened throughout the world.

Liteforex provides its clients with metatrader 4, by far the most popular trading platform. Our clients can also access the cutting-edge platform metatrader 5. Freely downloadable applications for trading via mobile devices (android, ios and other OS) are always at hand. The trading platform sirix, the most advanced trading platform with the portability of an easily downloadable mobile application, provides our traders with a social trading option so that they could follow and copy expert gurus around the world to help them confidently make trading decisions and build impressive expert portfolios.

The minimum initial deposit for liteforex’s clients is 10$. The maximum leverage amounts to 1:1000. These are the best conditions for beginners as they provide them with risk-free trading experience. Free demo account is also available for the broker’s customers. Liteforex’s clients can deposit with the usage of more than 50 payment systems. The most popular ones are skrill, webmoney, bank wire transfers or direct deposits via VISA and mastercard. There's no limit to how much money clients can withdraw. The automatic processing of withdrawal requests the company has introduced recently speeds up the process of funds withdrawals and reduces waiting times for all clients. So, the withdrawal is automatic, fast and unlimited. Besides, liteforex is one of the islamic forex brokers offering islamic types of accounts. All these male liteforex forex broker very comfortable for trading on the currency market.

Liteforex’s clients are guaranteed twenty-four-hour technical assistance 5 days a week. The “single window” system makes it possible to receive competent advice on any matter by use of livechat. Each client is provided with a personal manager as well. “the best client service” award received at the 6th international investment & finance exposition confirms our staff’s high competence and client-oriented service approach. On the company’s website you can find how to use liteforex and how to trade on liteforex as well as where is liteforex located .

Liteforex broker clients are assured of the complete safety of their personal information. Non-trading operations at liteforex are safe as well. The HTTPS data encryption protocol (hypertext transfer protocol secure) used in personal profiles provides safe data transfers between the client and the server and excludes any acts of the client’s personal data interception.

Liteforex investments review and tutorial 2021

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.

Videforex review and tutorial 2021

Forex broker videforex accepts deposits in a range of cryptocurrencies. Payouts reach 95% per trade.

Videforex offers leveraged trading on major, minor and exotic currency pairs.

Start leveraged trading on cryptos against fiat currencies and other alt coins.

Binary options are available on forex, crypto, stocks and commodities.

Since its launch in 2017, the popularity of the CFD, forex and binary options broker videforex.Com has grown. Boasting its own proprietary financial trading software and platform, it caters for day traders of all experience levels. This page offers a detailed review of the brokerage, covering everything from accounts and costs to platforms and regulation. Finally, after considering the benefits and risks, a verdict as to whether this firm makes the list of best day trading brokers will be given.

A brief history

Videforex.Com may have only launched in 2017, but the company behind this new brokerage is also in charge of established binarymate. A credible company who is thought to stand by the safety of its traders with a proactive attitude to the protection of funds. So, what does their latest offering, videforex.Com have to offer?

Minimum initial deposit

If you are new to day trading, you don’t want hefty minimum deposit requirements. You probably want to dip your toe in the water before you take the plunge. Fortunately, videforex.Com requires an around industry normal deposit of $250 for new trading accounts. They are also offering a 100% deposit match bonus on any first deposit (check the T&cs before using it).

It is also important to note, that whether you’re day trading on videforex.Com for forex, cfds, or binary options, the minimum requirements will not change.

Spreads & commissions

Day trading fees and costs can quickly stack up. So, selecting a broker that offers competitive spreads is important. With videforex.Com a spread is normally applied. The spread is dynamic for particular instruments. It will take liquidity and external markets for the underlying financial instrument into account.

Whilst they are not necessarily the cheapest broker on the market they are by no means the most expensive. This means you hopefully avoid the brokers whose fees are so low you pay the price in poor execution speeds and an unreliable platform. Whilst the costs at more expensive brokers will significantly cut into your end of day profits.

Videforex binary options trading

Leverage

Videforex.Com do offer leveraged trading. This effectively allows you to borrow money to strengthen your position. The benefit to this is that it could significantly increase your profit potential. However, it also comes with the risk that losses will be magnified.

The company restricts all customers by default to a maximum multiplier of 1:100, in line with legislation. In addition, a customer’s loss is limited to their original investment amount, so the remaining amount of equity is protected.

Videforex.Com can charge a commission for opening an un-leveraged cryptocurrency CFD position. This could be anywhere from 1 to 2.5% of the transaction. Opt for leveraged CFD cryptocurrency positions and the fee could climb to 5%.

So, if you are looking for forex leverage, videforex.Com can tick that box. Just ensure your strategy and money management system takes into account potential losses.

Other trading fees

When you are making a high volume of trades each day, costs can quickly add up. That is why you need to look for trusted online day trading brokers. Videforex.Com is one of the limited numbers of brokers who attempt to make their fee structure as transparent as possible.

However, it is worth pointing out that videforex.Com reserve the right to charge a customer a swap fee of 0.07% of the face value of the position, if they wish to hold a position overnight.

It is also worth highlighting that there is no maintenance or registration charge when you sign up for an account with videforex.Com.

Finally, keep an eye on their official website for joining offers and promo codes. Sign up at the right time and you could benefit from free trades.

Videforex.Com trading platform

As customer reviews of videforex.Com highlight, one of the unique features of this online broker is that they have chosen to design and create their own in-house trading platform. Whilst many will be used to the metatrader 4 (MT4) platform, there are certain advantages to the approach taken by videforex.Com:

By not using a third-party platform, they can ensure both the quality and reliability of their online trading platform.

Videforex.Com know precisely what is happening to and on their platform at all times. Hopefully, this can streamline the querying process and ensure any problems and glitches can be ironed out swiftly.

Videforex web trading platform

Day trading on the videforex.Com platform is straightforward to get to grips with for both beginners and experienced traders. It has been specifically engineered to retain usability, while still offering the variety of sophisticated trading tools and resources many day traders require. For example, in-depth trading tutorials can walk new traders through the platform.

The sleek system makes selecting your financial instrument a hassle-free process. You can get to the currency pairs, commodities and indices of your choice with just a few clicks. Plus, not only do you have your major currency pairings, but you also have access to cryptocurrency pairings and fixed return options.

You will also find that because their platform is web-based, no lengthy downloads are required.

A useful additional feature of the platform comes in the form of their social trading feature, also known as ‘copy trading’. This not only allows you to learn from experienced and successful traders, but it enables you to actually copy the trades of high earning traders.

Mobile app review

The videforex mobile app is a powerful trading solution for ios and android devices. Offering a full suite of tools and features, it’s an excellent supplement to the desktop solution. The broker’s full range of assets are available, from cryptos and stocks to binary options and forex. Full account management and copy trading is available on the mobile app.

Videforex trading app

Methods of payment

If you’re using videforex.Com from the UK, europe, or anywhere else, you can deposit and withdraw money conveniently. Videforex.Com have embraced the world of digital currencies, so you can now use any of the following methods:

Bank wire transfer

Credit cards (VISA/mastercard)

Bitcoin

Ethereum

Litecoin

Altcoins

Neteller

Skrill

Perfect money

This should put all customers at ease, knowing their funds are easily accessible.

Videforex.Com accounts

Whether you are trading videforex.Com cfds, binary options, or forex, you will have the choice of three different accounts. The amount you deposit will depend on which account type you are eligible for. The three options are as follows:

Bronze – the minimum deposit is $250. With this account, you benefit from withdrawals in one hour, 24/7 live video chat support, a demo account option, plus their copy trading tool.

Silver – to qualify for the silver account you must deposit a minimum of $1000. You will then benefit from all of the bronze features, plus you get a personal success manager and a master class web session.

Gold – this requires a minimum deposit of $3,000. For that, you will get all the silver features, plus a bonus of 100%. You will also benefit from an individual account manager, plus have access to a swiss pre-paid card.

As you can see, the greater your initial capital, the more day trading help you will receive. The switched on intraday trader will be aware that often, the greater tools and resources at your disposal, the better your chances of generating earnings.

Demo account

Once you have made a deposit, you gain access to a videforex.Com demo account. This is the ideal place to develop a strategy and get familiar with market conditions using simulated money. Then, when you are confident, you can start putting real capital on the line.

Using practice accounts like the one offered by videforex.Com remain one of the top day trading tips for beginners.

Additional features

Trading contests

One of most interesting features that this review of videforex.Com has found, is their weekly contests.

There is no entry cost and twenty winners are listed each week. Both beginners and experienced traders can compete, as all accounts automatically participate. The best part though, a prize fund of $20,000.

Weekly day trading contest VideForex.com

Safety & security

As cybersecurity is on the rise and online scams prevalent, being able to trust your broker with your confidential data is paramount. Fortunately, security at videforex.Com is a priority.

They use a high-tech, sophisticated system to bring you 100% secure trading and full data protection for all customers.

Regulation & license

Unfortunately, day trading websites sometimes suffer from bad press as a result of fraudsters. This makes it all the more important to check your broker can be trusted.

Whilst videforex.Com do comply with financial regulation standards, they are not limited to a specific country’s regulatory framework. They are licensed by the finance group corp, who are located at, 2nd floor, transpacific haus, lini highway, vanuatu. It’s worth noting this means videforex.Com is not regulated by CFTC, like most US forex brokers.

Benefits

The best online trading firms need to tick plenty of boxes, regardless of whether you’re forex day trading, or interested in cfds and binary options. Customer reviews of videforex.Com reveal there are numerous benefits to this broker:

Accessibility – they facilitate day trading for global customers, excluding the USA.

Low minimum trade size – you can enter positions with just $1. This is ideal for beginners and those with limited start-up capital.

Funding methods – videforex.Com facilitate payments via a range of payment types, from credit cards to cryptocurrencies.

Customer support – customer support at videforex.Com is fast and reliable. Very few brokers offer the 24/7 multi-lingual video support found on their system. In day trading, every second counts, so having any glitches or queries remedied and answered efficiently can prove essential.

Non-stop trading – you can trade every day and through the weekends. This is ideal for busy traders who have to fit their trading around other commitments.

Withdrawal speed – nothing dulls a win than having a considerable wait to get hold of your profits. If you day trade with videforex.Com, they guarantee your withdrawals will be processed within one hour.

Trading contests – videforex.Com regularly run trading contests. Not only are they great practice, but there are also cash prices. You will find more details on these competitions below.

Drawbacks

Despite the numerous benefits, there remain certain drawbacks to day trading with videforex.Com:

Web-based limitations – many of the best online day trading brokers offer a variety of accessible trading platforms. Day trading on videforex.Com, however, restricts you to just their web-based platform. This means all trades must be placed through their website. Having said that, some traders will find this straightforward system convenient.

Restricted additions – as a result of their web-based platform, you are unable to utilise certain systems, such as forex expert advisors. It may also mean other indicators and tools will not be compatible. US clients are also not accepted.

Videforex.Com trading hours

At videforex.Com, you can day trade binary options, forex, and cfds 24/7. Not every online broker offers this, making videforex.Com a good fit for those with limited time or changing schedules. Quite simply, it ensures entering a position on the way to work, before bed, or late on a sunday evening will always be an option.

Contact & customer support

One of the greatest selling points in this videforex.Com review is their new live video chat feature. You can access this feature directly from their homepage and this should afford traders peace of mind.

Agents will be on hand to remedy any problems, via a public or private live video link. This standard of support assistance is much higher than the industry average. This makes videforex.Com a strong contender for day traders still finding their feet, or those that want re-assurance that live support is just a few clicks away.

If you wanted to contact the company who owns the forex, CFD and binary options broker, they are called vide projects ltd. Their registration number is 11461 and their address is 306 premier building, albert street, victoria, mahe, seychelles.

USA – 849 937 0843

Australia – 61 8 5550 7288

You can also email support@videforex.Com

Verdict

If you are looking for the best online day trading brokers, then videforex.Com deserves a look in. Despite being relatively new, it offers attractive weekly contests, a bespoke trading platform, plus live video support. In addition, with a number of online trading accounts, plus straightforward setup and use, this broker is an attractive proposition for both beginners and experienced traders.

Accepted countries

Videforex accepts traders from australia, thailand, 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 videforex from united states, canada.

Fxdailyreport.Com

Benefits of trading with small amounts and list of forex brokers with a low minimum deposit

While we would all love to have tons of money in our trading accounts, starting out with a small deposit is highly recommended to ensure you do not blow up your life savings. Trading with small amounts helps you hone your skills and prevent you from blowing up your account in the future. Other than the skill building aspect, there are also other advantages that come with trading with small amounts, including;

Experience is an important factor to consider when trading forex. Trading with small amounts allows you to gain experience while minimizing your losses. Once you have acquired enough experience, you can then proceed to use larger amounts to trade.

Trading small amounts is not just useful for novice traders. An experienced trader may also trade with small amounts when they want to try out a new trading strategy.

Reduce commissions

When trading small amounts, you are usually constricted to put the majority of your money into a single trade. This, however, helps you reduce commissions. Traders are usually more likely to be sloppy when you are going to be making 20 trades in a day. But when trading with small amounts forces traders to be more selective about the trades they take.

These traders are sure to take their time to find and trade with only the cleanest charts, with the best risk to reward. This also means they will be focusing more on perfecting their strategies as to being a jack of all trades and a master of none.

Better management of risk

When trading with a huge account, most traders usually end up using fuzzy math when evaluating risk, reward or prospective trades. This is because they are making many trades and the difference between a good risk and an almost acceptable one feels irrelevant. However, when you are trading with a small amount, you do not get room to fool around.

With a small amount, you are usually putting in all of your capital in a single trade. Hence, if you suffer a loss, it will have a significant impact on your account as a whole. Also, when dealing with a small account, your goal is towards a specific goal which is growing your accounts enough to be able to hold multiple positions at a go. Hence, any loss, no matter how small, feels like a real setback.

As a beginner trader, it is not unlikely that you will probably blow out your first account. Therefore, if you start with a small account, you will lose less, making it a smart business decision.

The trading market has a lot of information circulating every minute. This can become overwhelming, especially for a new trader who is watching a huge number of stocks, listening to the news, and trying to manage their position. This, in turn, can lead them into making bad trades, not trading anything or even having a breakdown.

One of the benefits of trading with small amounts is that you will only be managing one trade at a time. This helps remove a massive amount of stress, allowing you to focus on that particular trade. As a result, you grow accustomed to managing the stress and data of trading, allowing you to slowly increase your ability to manage more concurrent positions.

List of forex brokers with a low minimum deposits 2021

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize	“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program”	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS	30% forex deposit bonus	visit broker

When you are just starting out trading, we highly recommend that you seek the services of reputable brokers. While low minimum deposit forex brokers seem attractive, you should be aware that many in the market are scammers. So make sure you trade with a regulated fx broker with a license. Here are our top 5 forex brokers with a low minimum deposit:

Financial brokerage services (FBS)

Liteforex review

Liteforex is a forex and CFD broker that operates from the marshall islands. This ECN broker offers online trading on limited instruments via the metatrader platforms. They also provide social trading, market analysis and educational resources to traders.

Liteforex review, pros & cons

Social trading platform

Metatrader platforms; MT4 & MT5

Expert analysis powered by claws & horns

Comprehensive market analysis app for mobile devices

Multilingual client support team

Limited trading instruments

Not the cheapest commission fees

No service to clients from united states, israel and japan

No free VPS

In this detailed liteforex review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Liteforex is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including liteforex.

Liteforex review: summary

Liteforex is an online broker that offers ECN forex and CFD trading to clients worldwide. The brokerage was established in 2005 and has since become a global brand with offices across asia, africa and europe. Its head office is located in the marshall islands while other offices are in kyrgyzstan, nicaragua, vietnam, thailand, philippines, ghana, myanmar, india, nigeria, indonesia, tanzania, kenya, afghanistan, uganda and cyprus.

Liteforex offers forex, metals, commodities, indices, stock cfds and cryptocurrencies for trading on the metatrader platforms. The broker offers tight spreads, social trading, and decent execution speeds over its ECN network which helps to ensure minimal requotes and reliable trading conditions. Liteforex asserts that client trades are routed directly to the liquidity provided without broker intervention.

The liteforex brand boasts of over 500,000 clients from all over the world. They claim that around 300 new trading accounts are activated every day. To ensure a wider reach, its websites are translated into 17 languages. Liteforex also supports its clients with multiple trader tools, learning resources and expert market analysis.

Liteforex review: regulation

Liteforex investments limited is registered in the marshall islands with the reg. Number: 63888. The company is regulated in accordance with marshall islands business corporation act. This international arm of the company operates the website: www.Liteforex.Com.

Liteforex (europe) limited, is a registered cyprus investment firm (CIF) with the registration number HE230122. The brand is authorized and regulated by the cyprus securities and exchange commission (cysec) under license number: 093/08 in accordance with markets in financial instruments directive (mifid). This arm operate the website; www.Liteforex.Eu

For the cysec regulated jurisdictions (european economic area, UAE and marshall islands), the clients are insured by the investment compensation fund (ICF). This can help to protect client funds should the broker run into financial difficulty. The ICF can compensate eligible clients for up to €20,000.

Client funds are domiciled in segregated bank accounts and are thus, should not be used by the broker for any other purpose such as fulfilling internal financial obligations.

Liteforex must abide by the anti money laundering money (AML) policy which requires that all clients are properly identified. That is why all clients are required to submit an ID card and a recently issued utility bill.

Liteforex review: countries

Liteforex does not provide its services to residents of the united states, israel and japan. Some liteforex broker features and products mentioned within this liteforex review may not be available to traders from specific countries due to legal restrictions.

If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.

Liteforex review: trading platforms

Liteforex provides the metatrader platforms; MT4 and MT5 in their variations. The metatrader platforms are very popular with online trading because of the multiple features implemented, trading tools and extension capabilities. Metaquotes software corporation; a russian software company, developed the MT4 in 2005 and the MT5 in 2010. Since then, the metatrader platforms have become one of the standard platforms for online forex trading.

The liteforex MT4 trading platform is provided as follows:

Windows desktop software

MT4 multiterminal: designed for multi account managers

MT4 mobile apps: downloadable for iphone/ipad and android phones.

Liteforex review: MT4 multiterminal

The liteforex MT5 is available as desktop software for windows and also as mobile apps for ios and android devices. The apps can be downloaded from the respective app stores.

There are thousands of MT4 software add-ons already in use although these add-ons will not run on MT5. Thus, many traders still continue to use MT4. Here are some of the features of the metatrader platforms:

Both platforms are user friendly and fully customisable.

Multiple order types: MT4 has 4 pending orders whilst MT5 has 6.

Both platforms support the use of software extensions to improve its features. These include custom indicators, scripts and expert advisors (eas) which are used to automate forex trading.

MT4 has 9 timeframes whilst MT5 has 21 timeframes.

Both platforms support multiple chart types including line, candlestick & bars.

For technical analysis, MT4 has 28 drawing tools whilst MT5 has 44.

MT4 comes preloaded with 30 technical indicators whilst MT5 comes with 38.

MT5 has the ‘depth of market’ feature and embeds an economic calendar.

Liteforex review: MT5 platform

MT4/MT5 mobile apps

These are separate mobile apps built for android and ios devices. Both mobile apps look alike and integrate seamlessly with the desktop applications. That is, the MT4 accounts integrate on desktop and mobile and the MT5 accounts are accessible from MT5 app or MT5 desktop. The features are not much different from the desktop versions. Here are some of the features of the MT4/MT5 apps:

Perfect for monitoring the markets when on the move. The apps show the real time ‘buy’ and ‘sell’ prices of all the trading instruments.

Can be customised for alerts, favourite instruments and interface colours.

Excellent tool for trading on the go. Multiple orders can be placed, adjusted or closed using market or pending orders. Just like the desktop application, MT4 has 4 pending orders while the MT5 app has 6.

Charting on the go with 9 timeframes, 30 inbuilt indicators and drawing tools.

Real time account balances, trade monitoring and history.

Liteforex review: metatrader apps

This social trading platform is integrated into ‘my liteforex’; which is the clients’ area of the liteforex website. It is the first platform available to all clients after registration. This platform is web based and enables users to profile traders according to their performance and choose if they want to automatically copy trading signals of these traders. Whenever there is a trade from a copied trading signal, the trades are replicated in the copier’s account.

Here are the features of the social trading platform:

Search for traders; check their performance, portfolio, history, profits.

Copy the trades of a trader and monitor his performance.

Manual trading by searching for instruments and placing trades.

Perform technical analysis using 7 chart styles on 9 timeframes, over 75 indicators and analytical tools.

Daily analytics which consists of news, signals, economic calendar and interest rates.

Account management: switch between real and demo account, deposits and withdrawals all from the platform.

Liteforex review: social trading platform

Liteforex review: trading tools

Liteforex analytics

The liteforex analytics are updated on the website frequenlty. They examine the technical and fundamental analysis of selected instruments based on history, news or economic events. The analysis can provide trading tips to readers.

The art of analysis from claws & horns

Claws and horns is a reputable financial investment research firm that offers in-depth analyses, trading signals and expert opinions on a wide variety of markets and trading instruments. Liteforex has partnered with them to bring this service to all registered clients at no extra costs.

Liteforex review: claws & horns analysis

Mobile apps from liteforex

There are a total of 6 mobile apps from liteforex. The apps are available for ios and android devices.

Forex analysis: the app presents full technical and fundamental analysis powered by claws & horns. The app also has video analysis, economic calendar and ‘market review’ which show the percentage of traders buying and selling an asset.

Forex signals: the app gives forex signals 24 hours a day.

Trading strategies: this app gives a wide selection of trading strategies which are constantly updated.

Forex digest: this is a blog which contains several articles on the currency markets including analysts’ opinions.

Currency converter: this app gives the latest information of price actions of several instruments.

Mobile trading: this app is the mobile trading app from liteforex. With this app, you can trade the markets while on the go.

Liteforex review: mobile apps

Economic calendar

This is available on the liteforex website, forex analysis app and also on the MT5 platform. It shows the time and date for important events that are known to affect the prices of particular assets. Traders analyse these events, compare them with history and can use them to assist with their fundemental analysis.

Liteforex review: economic calendar

Virtual private server (VPS)

A VPS is useful to traders who need speed, steady internet connection to the servers and reliable power supply. Most traders who use complex trading systems and eas always demand to use a VPS, especailly due to the convienience of being able to remotely run trading platforms 24/7. The VPS is provided by liteforex at a fee starting from $15 per month.

Forex blog

This section of the website is updated weekly with expert analysis, opinion and insights into the price movements of selected currency pairs.

Liteforex review: education

Liteforex has a series of articles designed to introduce and teach forex trading to the new trader.

The forex trading tutorials includes over 25 articles created for beginners. It starts from basic terms, next, it progresses to technical and fundamental analysis and then to trading strategies and money management.

A library of over 120 books recommended by liteforex experts is available on the website. Some of the books are ‘the money game’, ‘millionaire traders’, ‘trading for a living’, etc.

There are also several articles on indicators, forex trading strategies. A glossary of over 200 trading terminologies and their definitions are provided.

Liteforex review: trading instruments

Liteforex provides access to trade up to 56 currency pairs which represents the major, minor and exotic pairs. Other trading instruments available are: 4 metals, 2 oil commodities, 11 indices, 20 crypto assets and about 41 stocks traded on US exchanges.

Liteforex review: trading accounts & fees

Classic account: this account is designed for beginners. The spread starts from 1.8pips and no commissions are charged.

ECN account: this is the flagship account designed for experienced traders who require the speed and power of ECN trading. The spread starts from 0.0pips and commissions start from $5 per lot. Forex majors are charged at $10 per lot and forex minors are charged at $30 per lot.

For all accounts, the minimum opening deposit is $50 and the maximum leverage is 1:500. The MT4, MT5 and social trading platforms are available to all traders and market execution is used for all trades.

Swap free islamic accounts are available on the two account types. Demo accounts are freely available if you wish to trail the various platforms and trading conditions available before opening a real trading account with liteforex.

As broker fees can vary and change, there may be additional fees that are not listed in this liteforex review. It is imperative to ensure that you check and understand all of the latest information before you open a liteforex broker account for online trading.

Liteforex review: customer service

The fastest way of reaching the support team is via instant web chat which is available 24/5. Other support team channels work from 9:00am to 6:00pm, monday to friday. Up to 6 phone lines are available for various countries. A ‘feedback’ form is available on the website for reaching the support team. Email addresses are available for specific countries or departments. The support desk is multilingual and efficient. On social media, they are on facebook, linkedin, instagram, pinterest, twitter, telegram and youtube.

Liteforex review: deposit & withdrawal

Credit/debit cards: all major international cards are accepted. Card deposits are instantly processed and there are no charges. The minimum deposit is $10 while the minimum withdrawal is $1.01. For withdrawals, a commission of 3.5% is charged.

Bank wire transfers: no commissions are charged on bank deposits and withdrawals except the fees that may be charged by the client’s bank. The minimum transaction is $100 and it takes 2-7 days to completely process a bank transfer.

Local transfer: this is applicable to countries where liteforex has a local office or partner. Local bank transfers are processed on the same day and attract no charges.

Online payments: skrill, neteller, perfect money, QIWI, yandex.Dengi are the online payments that are accepted. The minimum deposit is $10. There are no deposit commissions but withdrawals are charged a little percentage which is generally less than 5%.

Cryptocurrencies: bitcoin, litecoin, monero, ethereum, bitcoin cash and bitcoin gold are the accepted cryptos for deposits and withdrawals. The minimum deposit is the equivalent of $10 while the minimum withdrawal is $1. Withdrawal commissions are charged.

Liteforex review: payment options

Liteforex review: account opening

It only takes a few minutes to open a new account with liteforex. Visit the website and click on ‘registration’ which is on the top right hand side of every page on the website. The form below displays:

Liteforex review: account registration

Select your country, fill your phone number or email and choose a password. Next, read and if you agree, accept the agreement and click on ‘register’. You are automatically logged onto the social trading platform which doubles as the clients’ area. From there, you can complete your profile, make deposits and commence live trading. Alternatively, registration can be done by importing your profile info from google or facebook. This is done by clicking any of the icons as shown on the registration screen above

Liteforex review: conclusion

Liteforex is a regulated brand that gives its clients access to trade forex and cfds online. Clients’ funds are held in segregated bank accounts. They provide the popular MT4 and MT5 platforms that are well known for being simple, robust, sophisticated and powerful for implementing various trading tools and for conducting chart analysis. There is also the option of social trading by copying trading signals of other traders. Multiple funding options are available. Comprehensive market analysis is provided by a third-party firm; claws & horns.

Despite this, liteforex could improve its limited list of assets in order to remain competitive with other online brokers. The commission and fees are also not the lowest in the brokerage industry.

Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Min $50 deposit

Liteforex is a forex & CFD broker that operates from the marshall islands. This ECN broker offers online trading on limited instruments via the MT4/MT5 platforms. Social trading, market analysis & educational resources are provided.

Liteforex – forex broker rating and review 2021

status
	http://www.Liteforex.Com/
regulation	marshall islands business corporation act
trading software	metatrader4/5, sirix
headquartered	ajeltake road, ajeltake island, majuro, marshall islands MN96960.

Liteforex review 2021

Currency exchange is one of the most volatile financial instruments in the global trading landscape. Forex traders are always prone to the high risk of losing money due to the rapidly changing trading conditions. Despite its unpredictability, forex trading is still one of the most profitable markets in the world. The complex nature of this market demands some technical guidance and professional assistance from a broker. Liteforex is one of the world’s popular forex brokers and a name most associated with the success of beginners in the trading community. In this review, several factors of liteforex that make it a good broker have been explored. From its competitive spreads, diverse services, and trading capabilities to its regulatory limitations and transaction costs, this liteforex review has covered all grounds for assessing the broker in an unbiased way. The following review helps beginners foraying into trading multiple financial instruments and for experienced traders seeking the next level of trading experience.

What is liteforex?

Liteforex is an online broker offering its services to customers from different parts of the world. As a company, liteforex was founded in 2005 under the title liteforex investments limited. This company has more than a decade of experience maintaining the trade order quality of multi-domain financial services to its customers from around the world. As of 2020, liteforex has over 500,000 clients who trade with the broker actively daily. The company is headquartered in the marshall islands and has been operating from there. The liteforex group also holds its branch offices in kenya, tanzania, myanmar, nicaragua, indonesia, india, ghana, iran, vietnam, nigeria, and the philippines.

Traders must make a note that liteforex europe ltd is a separate business entity. It operates independently and is not adhered to by the liteforex group. This company operates as an exclusive broker for liteforex’s european clients. It offers its trading services to countries in the european union. Liteforex investments limited, on the other hand, is an established global CFD and forex broker.

How to trade with liteforex

Like other forex brokers, liteforex offers its services through online communication only. It starts with opening a new liteforex account and making a minimum deposit to select a trading account type. To open a trading account, users need to fill up an online registration form available on the company’s website. A KYC-based verification is conducted online, which activates the account. It takes around 2 days to get the account verified and activated. For clients in some countries, the verification period may extend to 5 days.

After opening a new account, liteforex traders get access to around 56 forex currency pairs for trading. The company also supports the trading of 6 commodities and 16 cryptocurrencies and holds licenses to provide trading services for some 37 US-listed equity cfds. To keep the portfolio diverse, 11 index cfds can be traded with the company. The overall list supported by the company comprises 126 instruments, categorized across multiple asset classes. These instruments are quite suitable for new retail traders. Advanced traders may find this list inadequate. The company is actively expanding its trading capabilities and is currently advertising on its homepage that it supports over 145 assets. Since liteforex’s tradable assets grow continuously, more assets are expected to be added to its bandwagon in 2021 and beyond. Every trader would like to get access to a broader range of financial instruments with this company.

The review finds that among the 126 assets maintained by liteforex investments limited, currency pairs are the most popular trading assets among all account holders. The company brokers the trade for major forex pairs as well as minor forex pairs. It also helps its clients trade exotic currency pairs. Regarding the commodities, the review also discovered that clients get access to gold and oil commodities, which come with consistent liquidity. The stock indexes traded through liteforex are cfds on major global indices, most of them included in the US30 list of dow jones. Bitcoin and other popular cryptocurrencies are also traded by the company, thereby becoming an alternative to the traditional forex markets that pose a high risk of economic loss.

Unique trading features

As a registered financial service provider, liteforex investments limited offers a plethora of tools and brokerages to its clients. It facilitates their successful trading with an exclusive economic calendar tailor-made to meet the goals of the clients. It runs an updated news blog on the world market to notify every risk warning to its clients. It has a margin calculator and a fibonacci calculator for executing accurate trades. The company gives its client additional access to the expert support of claws & horns. According to the reviews, this analytical agency is a leader in providing best-in-class analytical tools to its users. As a part of its features, liteforex also offers promotions and contests. But, it is currently not offering any welcome bonus or sign-up promo codes to its clients. A promotional offer for procuring a rebate on the deposits and fees is available.

Trading accounts

To cater to a wide range of clients, liteforex has two primary accounts for live trading – ECN account and classic account. In addition to these accounts, an islamic forex account is also available.

Demo account: like every other broker, liteforex offers its clients demo accounts to help them test its features and services. These demo accounts are quite functional and simulate the trading strategies of the users accurately. There is no risk involved in using a demo account. The sign-up process for these accounts is straightforward and does not require any verification, which is why they get opened in less than a minute.

Classic account: the liteforex classic account is designed for beginner traders. It does not charge any interest on the surplus funds, and no commissions are charged on their earned money. The MT4 and MT5 trading platforms are made available for these account holders.

ECN account: professional traders and investors can use the ECN account and perform real-trading through liteforex’s electronic communications network. This account offers a 2.5% interest rate on surplus funds but provides an unlimited duration on trades and transactions. The trades can be directly delivered to liquidity providers. However, this account provides access to the MT4 platform only.

Islamic account : an forex islamic account is designed to support the halal trading options of islamic clients in the middle east and other parts of the world. This account is available to traders who are prohibited from getting involved in trades that have interest rates due to their religious beliefs.

Liteforex review – trading accounts

With regards to multiple user reviews, the classic account is much more simple and profitable than the ECN account. However, large volumes of trading units can be executed from the ECN account only. However, there is a high risk of losing money while trading with the ECN account. All the liteforex trading accounts correspond to different web servers, making it impossible to switch the account type after its opening. Hence, clients are compelled to delete the existing cent accounts to open different account types.

Liteforex review – spreads and payment processes

The spreads and commissions offered by the company are based on a unique fee structure. According to online trader reviews, the EUR/USD spread starts very low at 0.0 pips for the ECN account holders. The commission for this spread is $10.00 per lot. This commission is likely to increase to $30.00 per lot if the currency pair performs exceptionally. The spread commissions on commodity cfds are in the range of $0.50 and $20.00 per trade. The commission on cryptocurrency trades is set at $0.50. Equity cfds can be traded at $0.25 commission per share. For the commission-free classic account, clients get elevated floating spreads, which start at 1.8 pips.

Liteforex review – spreads and payment processes

Online reviews indicate that swap rates are applicable on overnight positions while trading in normal market hours is swap-free. Similarly, the clients are subjected to corporate actions such as splits, dividends, mergers, etc., which impact the value of index cfds and equities. The swap-free portfolios of clients have adjusted accordingly, and the broker remains transparent in its pricing environment. The company also maintains its archive to track and record the average spreads, which get updated every week. There are separate trader agreements signed to charge zero inactivity fees, which is why liteforex is preferred over other brokers. The liteforex waivers on deposit, withdrawal, and foreigner recharge is also an additional advantage. Several assets may get overpriced in due course of trading, but the broker’s cost structure remains acceptable. Clients can also view the historical data on spreads to analyze their trades.

The reviews revealed that liteforex makes money from the fees included in the spread. Each spread has a specific fee assigned to it based on the account and the asset being traded. The classic account holders get charged with a spread-based fee while the ECN account holders get charged based on commission. The overall commission is charged at an average of $5 per lot. Liteforex’s spreads are quite competitive, but some major forex pairs get a spread of 2 pips, which is considerably high. Some major indices also begin at 1 point spreads.

The reviews also revealed the company offers maximum leverage (1:500), so new users can choose the suitable leverage while signing up for the account. These options help them make perfect money on their trades. Details of the leverage margins are available on the broker’s website.

Deposit and withdrawal

According to the client reviews, liteforex clients can top up their funds directly into their accounts using their credit cards or debit cards. VISA & mastercard are the supported card systems. A bank transfer is also available to deposit money. Online payment gateways and wallets such as skrill, neteller, centrepay, and webmoney are also available to deposit money instantly. The clients can choose from options such as yandex, alipay, and dengi. The broker offers its services at a minimum deposit of $50, and all payments are usually processed within 24 hours from the request time. Clients can use cryptocurrencies such as bitcoin to add money to their accounts. Every financial transaction made with the broker must be above a $10 deposit. For bank deposits/wire transfers, the minimum deposit should be at least $100.

In regards to the review, an automatic withdrawal service of liteforex has been evaluated on its ability to execute withdrawal of up to $100 of clients’ funds every day. Every withdrawal is processed to the bank accounts within 24 hours through e-wallet apps such as skrill, neteller, and perfect money. However, some charges are applicable on every withdrawal, depending on the provider. It is important to note that clients cannot use paypal for the withdrawal of money from their liteforex account.

The crypto charging of lite forex accounts can be done by using bitcoin, bitcoin cash, ethereum, bitcoin gold, monero, and litecoin. Additional payment systems to deposit or withdraw money include QIWI, M-pesa, boleto bancario, africa mobile money, and advcash. The company also offers promotional benefits to high-performing clients by reimbursing their deposit fees. Lite forex scores high for offering several options as payment processors, which is excellent for clients who may risk losing a part of their money due to additional charges.

Lite forex review – pros & cons

Based on multiple authentic online reviews, here’s an overview of the benefits and drawbacks of trading with lite forex:

Pros	cons
A well-regulated and licensed forex broker.	Regulatory limitations on certain countries.
A unique social trading platform.	Customer support unavailable on weekends.
Copy-trading services are available.	PAMM accounts unavailable.
90% positive broker reviews.
End-to-end automated trading available.
A wide range of tools and assets offered.

Platforms

Liteforex provides its traders access to two trading platforms – metatrader 4 and metatrader 5. Both MT4 and MT5 trading platforms have been globally recognized as effective trade tools. Metatrader 4 is being offered by liteforex since web-based platforms through the webtrader interface. To facilitate mobile trading, these platforms are also available as a mobile app, allowing clients to start investing at their convenience.

Liteforex review – platforms

As per the reviews,m MT4/MT5 platforms are downloadable and user-friendly. The web-based app of MT4 is best for customizations. The first advantage of using these platforms is getting access to multiple charts. A line chart or a candlestick chart improves the client’s understanding of the trade and the trading conditions. MT5 has more indicators compared to the MT4 trading platform. The advanced MT5 analysis tools and a built-in economic calendar are quite useful in the forex market, where there is always a high risk of losing money. The platform provides trading signals across 21 timeframes, and its depth of market feature adds value to the trades. MT4 is much easier to use and still the most popular platform among liteforex clients. It is best used to implement and share innovative trading strategies.

The reviews also revealed that the basic versions of the MT4/MT5 trading platforms are more useful and easy to adopt. Clients can get trained to use their upgraded versions from a series of tutorials and guides. No third-party add-ons are currently available on the MT4/MT5 offerings. The existing tools may leave many traders incomplete, creating a sub-standard experience. Another downside is that the clients may choose either of the accounts – MT4/MT5 – for investing.

Liteforex review – customer support

To support its clients, the technical assistance of these trading platforms is available online. These platforms can be used 24/7 and are free to use in every country in the world. Liteforex customer support services are limited to several factors. A forex market may permit trading only between the specified hours. The support staff is unable to deliver timely results under such conditions. If clients consider trading stocks at the weekends, then there is no customer service at their disposal. As a result, their profit margins get lowered, and the trade profitability reduces by being active only on weekdays. Changes in the standard trade hours are immediately reflected in the broker’s services. A market news trading blog keeps the traders updated on their respective server times.

A good customer support team provides access to experts through e-mail, live chat, and telephone communications. The company has the rights reserved on the access to these live chat rooms through the website. The company’s official e-mail [email protected] is more responsive than their phone number, which is 88007072963. The customer support team can also address clients’ issues on internal fund transfers and admin controls. Liteforex supports social trading on facebook and twitter. It also helps clients share their social trading on instagram, linkedin, youtube, telegram, and other social media channels.

Is liteforex safe?

A regulatory review of this broker is positive. Certainly, liteforex is not a scam. If liteforex investments limited were a scam, multiple market regulators would not have registered it. Modeled on a cyprus investment firm, the company provides its services through safe and secure platforms. The website is protected with multiple firewalls. The web servers are isolated. SSL-secured and encrypted channels protect the data going in and coming out of the website and the platforms. Liteforex provides a VPS hosting service through its website for managing trades in the absence of on-premise servers. Unlike other brokers, liteforex is not reliant on an internet connection.

Liteforex investments limited and liteforex globe services ltd are registered in the marshall islands and regulated under the marshall islands business corporation act (registered account number – 63888). The company is officially headquartered at a registered address on ajeltake road on the ajeltake island in majuro, marshall islands MH96960. The broker accepts traders from canada, australia, the united kingdom, thailand, singapore, south africa, india, hong kong, germany, france, sweden, norway, denmark, italy, and the united arab emirates. It is also available in saudi arabia, luxembourg, kuwait, qatar, and most other countries. However, the broker is not safe for trading in the united states, israel, and japan.

Final thoughts on liteforex

Concerning the findings from this review, liteforex is a good broker for forex markets. The marshall islands-registered broker has been in the industry since 2005, and its continued presence shows why it is arguably the first in the list of reliable forex brokers in the world. The review finds this company a key player and a well-established component in the industry. The review also notices that it practices respectful ways of investing capital and generating capital entrance thresholds. It is the first broker to allow the lowest minimum deposits in the market. The overall review on liteforex is positive, as the company is enabling its client to get acquainted with the complex forex trading landscape. From its live trading features to its competitive spreads, the broker ranks high on almost every review parameter. Through its top-quality trading services and evolving asset lists, liteforex is expected to keep being attractive for traders.

So, let's see, what was the most valuable thing of this article: online trading on forex market with minimal spreads on ECN and CENT accounts. Social trading and copy trades system with no fees on deposits and withdrawals | liteforex at liteforex minimum deposit