‎LiteFinance on the App Store

Finally, in May 2018 LiteFinance presents the absolutely new client profile for Beta Testing. At the same time, the previous version remains fully operational. The new version is perfected and updated based on our clients’ reviews and wishes. It presents traders with an ideal environment to test EAs and new strategies. The web-based trading platform allows a $10,000 demo account without registration, a convenient method to get familiar with its functionality. I caution beginner traders about using a demo account as an educational tool.

  • After several disappointments and dissatisfactions with other platforms, I eventually found my home with Litefinance, God bless the friend introduced me.
  • Try and you will be satisfied with the trading conditions.
  • LiteFinance is expanding its cooperation with the largest, most reliable banks and payment systems as part of its international expansion.
  • They are suitable for most retail traders, but seasoned traders require higher quantities.

I was greeted with a very tight spread on their ECN, it remains the tightest spread I have seen on any ECN still date.3. No Slippages, lagging’s and manipulations, those challenges became a thing of the past, these factors frustrate my fellow traders on other platform every day. With Litefinance I have no worries and it feels good honestly.4.

Trading Assets

Also, traders can interact with representatives via the brokerages various
social media channels including; Facebook, Twitter, Google+, Instagram,
LinkedIn, Pinterest, Telegram, and YouTube. Over the long years of successful work on the forex trade market, we have managed to figure out how to simplify our system of trading accounts and services to meet better our clients’ needs. LiteFinance notes a 30% deposit bonus for the Classic account, where trading costs are 80% higher than its ECN account.

It is ideal for manual traders and superior to the MT4/MT5 web-based alternatives. Another benefit related to the European Union’s financial markets regulations is the negative balance protection feature that applies to both account types. The Cyprus Investor Compensation Fund covers xcritical rezension all retail trading accounts (for those not belonging to professional or institutional investors) against broker liquidation to a maximum value of EUR 20,000. I have been trading with Litefinance for over 6 years now and I boldly say that the experience has been more than amazing!

As such, all trading and client activity is regulated by the Cyprus Securities and Exchange Commission. As noted above, this jurisdiction offers investor compensation up to EUR 20,000 on non-professional trading accounts in the event of brokerage liquidation. Overall, LiteForex is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering. The customer onboarding process employed by this brokerage is simple, with users offered the option of signing up for a demo account that is compatible with MT4 and MT5. Depositing and withdrawing funds is also straightforward and should pose no difficulties to traders regardless of their experience level.

It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value. LiteFinance maintains the out-of-the-box MT4/MT5 trading platforms, but no introduction exists. LiteForex merely presents them as two buttons and clicking on them redirects to an account opening page. Both are available as desktop clients, webtrader, and mobile apps. LiteFinance also offers a lightweight web-based browser with a user-friendly interface.

  • LiteForex is an excellent trading brokerage
    that accomodates traders of all experience levels and is very reputable in the
    online trading industry.
  • LiteFinance offers a phone number but does not have a dedicated Contact Us or Support section.
  • We are glad that you like our service.Best regards,representative of LiteFinance.
  • It could explain its corporate headquarters move and expansion into less-regulated cryptocurrency activities.

For instance, traders
have access to numerous eBooks, tutorials, strategies, articles, and more to
help them become better traders. Also, support representatives can easily be
contacted 24 hours a day, 7 days a week via live chat, email, support fxcriticals,
and telephone support that supports call back functionality. Therefore, traders
will always be able to get in touch with a representative easily and quickly.

Liteforex Review

I could go on and on because the list goes on, but I’ll have to stop here for now. Choosing Litefinance is undoubtedly one of the best decisions I have made on https://xcritical.pro/ my trading journey. LiteForex
is a zero commission trading brokerage and only charges trading fees through
floating spreads on all types of trading accounts.

The Lucky Ticket for Algerian traders starts

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. I learned how to trade on forex market due to the possibility to trade on forex without investments by using demo account of the liteforex broker.

Последние новости LiteFinance

There is a demo mode I strongly suggest you activate first to get a hand of trading online, if it is your first time. LiteForex also has a manuscript for terms of service (AKA client agreement). Please please read the client agreement very very carefully, especially about withdrawal. Download MetaTrader 4 scammed by xcritical trading platform for your smartphone or computer and get access to the Forex market from wherever in the world. MetaTrader 4 is suited for all types of LiteFinance accounts. An easy-to-use dedicated trading platform provides a comprehensive analytical toolkit and suits any trader regardless of experience.

Types of LiteForex accounts

When I started out my journey as a trader, one major item on my bucket list was getting a credible broker with an enabling environment for traders to thrive and succeed. I.e a broker that is not intimidated by the success of their traders. After several disappointments and dissatisfactions with other platforms, I eventually found my home with Litefinance, God bless the friend introduced me. Amongst other benefits this are some of the qualities that stood out for me.1. I received my first withdrawal within minutes and that got me excited.2.

Is LiteFinance regulated?

I like that LiteFinance deploys its proprietary copy trading service embedded within the web-based trading platform. It provides a risk score, all-time percentage-based profitability, how many traders follow the strategy, and the assets under management, as LiteFinance refers to the followed capital of each signal provider. LiteFinance pays strategy providers, adding an attractive revenue stream for successful traders. This company is a registered broker operating from Cyprus, an EU member state located in Southern Europe.

This payment system boasts a high transaction security level and issues plastic cards in 42 countries of the world. Our liquidity providers ensure the best cryptocurrency quotes and fast execution. The year 2019 started with traditional gifts for the winners of the company’s annual New Year competition. The 2019 prizes included Apple products, which will help the winners make more trading profits, and 100 money prizes. The year finished with the already traditional New Year Promo, in which LiteFinance (ex. LiteForex) distributes high-tech prizes from Apple and cash prizes to 103 of the most active traders in December.

I have ECN account with this broker, I opened it a few months ago, so far they seem nice. All my entries and orders were executed without
Delays and any problems. The only downside is that if you are from USA you can not trade with this broker.

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