LiteFinance Review

Forex capital markets

LiteForex now known as LiteFinance is a trustworthy broker with user-friendly tools to trade in the Forex capital markets.

85-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.

Overall, LiteForex now known as LiteFinance is a trustworthy broker with user-friendly tools to trade. The financial broker that specializes in Forex and CFD trading for individuals, as well as institutional investors and fund managers.

LiteFinance Summary

Forex capital markets

Broker’s Name

LiteFinance

Overall Rating

4.8/5

Headquartered

Majuro, Marshall Islands

Years founded

2005

Regulators

Only regulated in accordance with Marshall Islands Business Corporation Act. (63888)

Countries not accepted for trade

United States, Canada, Japan, Israel, Austria, Belgium, Sudan, North Korea, and Syria

Regulators

CySEC, FSA, FCA, FSCA, DFSA, CMA

Islamic account (swap-free)

Yes

Maximum leverage

1:500

Minimum Deposit

$50

Demo Account

Yes

Account Activation Time

Less than 24 Hours

Crypto

Yes

Trading Fees

Low

Assets

170+

Bonus Types

30% and 50% Bonus

Scalping and news trading

Allowed

Deposit Options

Withdrawal Options

Platform Types

MT4 and MT5

OS Compatibility

Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad

Tradable assets offered

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

Base Currency

USD/EUR

Languages supported on Website

Arabic, Russian, Malay, Português, Español, Français, Thai, Simplified Chinese, Armenian, Hindi, Bengali, Japanese, Korean, Turkish, Azerbaycanca, Oʻzbekcha, Jazasha, Persian, Georgian, Myanmar, Swahili, Indonesian and Vietnamese

Customer Service Hours

24/5

Good for Beginners

 5/5

Good for Experts

 5/5

Copy Trading

 4.5/5

Bonuses

 4/5

Regulations and Safety

 4.2/5