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Forex Broker

LiteForex review


On-line since: 2005
Country of origin: Marshall Islands
Regulation: act in accordance with the Marshall Islands Business Corporation Act
Payment options: wire transfer, Skrill, OKPAY, LiqPAY, PM, Boleto, TBL, Pago en Efectivo, QIWI, WebMoney, Moneybookers, AlertPay
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: from 1:50 to 1:500
Spreads: from 2 pips

About the company:

In 2005, LiteForex made its first appearance on the Forex market. Since then, over 500 thousand traders from all over the world have become its customers. LiteForex is known as the first ever broker to introduce the service of cent accounts with a minimum deposit of 1 US dollar. Being one of the most secure, trustworthy and accessible brokerage companies, it ranks among the world`s best 100 brokers, according to the World Finance magazine. It also has won a number of prizes and awards for its financial services.
According to traders, its main competitive advantages include ECN trading technologies, instant profit withdrawal, account insurance, Islamic accounts, profitable affiliate programs, and personal manager support.
In order to access the world`s main trading floors, LiteForex traders use the most popular platforms - MetaTrader 4, MetaTrader 5, as well as Webtrader Sirix 3.0 that allows trading in a browser window.
Learn more about the quality of LiteForex services by reading the comments made by its customers and partners. Please feel free to leave your comments on LiteForex as traders who have not yet chosen their brokerage company will find them very useful.

LiteForex 4/10 (votes 1787)
Author of LiteForex: Lyeka | Date 2019-11-07
For a long time, I have been looking for a broker that would suit my trading style. I am a scalper hence I need a broker with tight spread and an assured stable trading platform. I found these with LiteForex and I have been trading with them for almost half a year already. So far, my trading results are amazing and I am not having any troubles with my trading activities. Finally, I found the broker for me.
Author of LiteForex: Surinah | Date 2019-10-01
I have been trading with Lite Forex a few Months. Their binary option service is fantastic, best in the business. Their platform is convenient for option trading because they have not price latency. I was leave my previous broker they have huge price latency. My initials investment was $1000 and I have earned $500 within 4 months. When I tried to withdraw half of my profit, it comes to my Wire Transfer account less than 6 hours after the request. You guys should try it.
Author of LiteForex: Jose | Date 2019-03-27
I have been trading at LiteForex for the past two years and I haven't encountered any major problem. They provide their clients with excellent services. The execution speed is less than a second so I always open and close a deal on the right price. The spread is also low so trading cost is not very high. I am using their free VPN and I think this makes the transactions even better. So far, I withdrew about a total of $1000 and it was always transferred in 24 hours.
Author of LiteForex: Onefx | Date 2018-06-11
I opened a standard account with LiteForex about 3 months ago. My first deposit was 100$, made with the system AlertPay. I like the low spread of 2 pips per EUR/USD. The platform MetaTrader 4 is stable during volatility times. The currency pairs which I usually trade beside EUR/USD are USD/JPY, USD/CHF, or EUR/JPY, EUR/CHF. I recommend the broker because is hones with the commissions. I had a problem with closed positions during the day and a loss of 85$ but the support team saw that the problem was from their server and they reopened my positions and give me back the money lost.
Author of LiteForex: Garif_ultra | Date 2018-02-11
I withdrew my profit in the amount of 1780$. Withdrawal of funds took 4 days. I believe that this is long and sometimes at variance with plans to use this money. I hope that I will receive my money within 24 hours if I will withdraw my profit again in future. Evreything else is good.
Author of LiteForex: Kinat | Date 2018-01-05
Liteforex spreads are very competitive and it doesn't rise too much during volatile conditions. They also have great customer service staff for they are very accommodating. I only wish that they improve the platform more for really great experience, but I am satisfied with it though. I wish they could provide their clients free signals right into the platforms. I did not have any extra commission when I made my withdrawal and in my deposits made.
Author of LiteForex: Uta | Date 2017-11-06
I don’t have any issue with LiteForex and really satisfied with LiteForex’s service. Trading platform is simple and easy to use. The most important thing, order execution is very smooth and sent as I wish. Spread is not increasing and clear cut system is applied. LiteForex always update news and information and discuss frankly term and condition with his client. Good job LiteForex.
Author of LiteForex: Carlapip | Date 2017-10-02
I trade with LiteForex for the past year and till now I am pleased with their services. I have a Classic type of account, with a first deposit of 100$. To deposit and withdraw money I use the systems Qiwi and Skrill. I never had problems with them regarding my withdraws, usually in 24 hours you have the approval ( for a withdraw of 500$, I don't know for more). I trade with them on MetaTrader 4 which works fast in execution of orders and with real time money. MY trading session involves trading with currency pairs EUR/USD, GBP/EUR, GBP/USD, USD/JPY, EUR/JPY, USD/CHF, EUR/CHF, XAUUSD and XAGUSD. My average profit is close to 500$ a month, with the peak of 800$. The spread is stable during volatility times which makes trading easy. I recommend the broker, is honest and transparent!
Author of LiteForex: Huyta | Date 2017-09-05
I was using Liteforex because it was recommended by a close friend of mine. The account opening procedure is quite fast as long as the requirement and vefications have passed. I am trading small account (trades under 1 lot) but I have made good profit in it by trading full-time. Just last night, about 15 mins after the close of the NY markets I entered a long USD/JPY trade to see the spread at 0.2 pips! I was literally amazed because they have low spreads and to topped it up, their platform is so user friendly, easy to customize with good speed execution, historical data is awesome. You can just email or phone call your account manager and you will have a reply within 15 mins......then the list of positives goes on. I will continue to invest money and keep trading to see my account grow.
Author of LiteForex: Ziniwsha12 | Date 2017-09-05
Been with LiteForex long enough to realize my mistakes choosing them. Last month made profit around $290 just in one trade using my scalping EA, after that I put a withdrawal request of $250 through Skrill and already 12 days passed but they did not processed it yet. When I emailed to their finance department they told me that they are investigating my usual profit that's why the processing time of the ¬withdrawals increases. What kind of investigation they are doing, did they thinking I am stolen money from them. This is so funny and embracing for me. I decided to close my account.
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