4.4

Written by

Robert J. Williams Fact checked by

Alexandra Winters Updated Декабрь 26, 2025 CategoryForex Brokers

LiteForex Review 2025: Is It Legit or a Scam?

★★★★★

(1 отзыв клиента)

4.4/10 (Expert Score)

Product is rated as #79

Trust

Fees

Platforms and Tools

Customer Support

4.5

Tradeable Instruments

Account Types and Terms

Deposit and Withdrawals

Research and Education

2.5

LiteForex Overviews

LiteForex has been an online broker for almost two decades as they began operating in 2005. They hold a brokerage license with CySEC and operate throughout the globe providing ECN forex trading and CFD trading in the form of commodities, stocks, indices, and crypto. This review breaks down what you need to know about this broker.

LiteForex is an ECN forex and CFD broker that has been operating in the financial industry since 2005. The company is headquartered in the Marshall Islands and has offices in various countries around the world, including Cyprus, the Philippines, and Nigeria.

LiteForex is regulated by the Marshall Islands Business Corporation Act and CySEC and is known as a transparent and reliable broker. They offer their clients a range of trading instruments, including currencies, commodities, stocks, crypto, and indices. They also offer trading platforms, including MetaTrader 4 and 5, and their proprietary trading platform, LiteForex, a mobile app. Their web-based client area is specifically for management.

One of the standout features of LiteForex is its low minimum deposit requirement, which allows traders to start trading with as little as 50 USD. They also offer two account types to suit different trading styles and experience levels, including demo accounts for new traders.

In addition to their trading services, LiteForex also provides educational resources and market analysis to help traders improve their skills. They also offer a range of bonuses and promotions to reward their clients, including an affiliate program and competitions.

Overall, LiteForex is regarded as a reputable and trustworthy broker that offers a range of trading services and educational resources to help traders succeed in the forex and CFD markets. Let’s see how good they really are.

Broker Feature	Overview
Type of Broker	Forex ECN broker
Regulation & Licensing	CySEC
Applicable Countries Not Allowed To Trade	Israel, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom
Assets Offered	Forex, stocks, commodities, indices, crypto
Platforms Available	MetaTrader 4 and 5, Mobile App
Mobile Compatibility	Yes
Payment & Withdrawal Options	Bank card, Bank Transfer, Crypto (TRC20, BTC, BCH, ERC20, and other coins), Skrill, AdvCash, Neteller, Perfect Money

Pros and Cons

PROS

Founded in 2005
Two account types
ECN broker
Low minimum deposit
MT4 and MT5 are available
Easy registration process
Investor compensation scheme of up to 20,000 EUR
Social/copy trading

CONS

Only regulated by CySEC and MiFID
Negative balance protection may only apply to ECN accounts
Website is overwhelming
Lack of trading resources
Not many promotional offers

Is LiteForex Safe? Broker Regulations

Before we jump into the broker regulations of LiteForex, it should be noted that depending on your region, you will be redirected to the entity website of this broker, as you can see in the image below.

Remember, brokers will sometimes operate in other regions under different entities, and financial authorities in those regions will regulate them. In the case of the website liteforex.eu, European residents will use that site. Residents outside of Europe, like Malaysia and South Africa, will be directed to the entity and site under LiteFinance Global LLC.

You will find that if you head to the “LiteForex” site, you will be prompted with a popup explaining these details and providing you with the regulation information of the entity in question;

The company LiteFinance Global LLC (registered in St. Vincent & the Grenadines as a Limited Liability Company with registration number 931 LLC 2021) provides brokerage services in your country.

Heading to the redirected site “LiteFinance,” you can scroll to the footer section on the homepage to get. Here you will find the information that was provided by the popup and then also information on the other regulations that LiteForex holds;

LiteFinance Global LLC registered address: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent, and the Grenadines.
Liteforex (Europe) LTD is registered as a Cyprus Investment Firm (CIF) with the registration number HE230122 and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 093/08 in accordance with Markets in Financial Instruments Directive (MiFID)

Take note that LiteForex (LiteFinance) don’t specifically state that they are registered with authority in the SVG. Typically the FSA is a regulator that gives business licenses to companies in this region, but they have said that they are not brokerage licenses. Hence, the only official brokerage license they hold is with CySEC.

Heading to the awards section of the LiteFinance site, you will find that they hold multiple awards for various brokerage services. These range from “best retail forex broker” to “best trade execution.”.

Then in terms of the customer review score for LiteForex and LiteFinance, there are not enough reviews to decide whether clients find this broker reputable when looking at their Trustpilot score.

Cyprus Securities and Exchange Commission (CySEC)

What Can I Trade with LiteForex?

You would think that perhaps only forex is on offer with this broker, but, in fact, they offer trading for forex, commodities, stocks, and crypto, as you can see from the image below. LiteForex does break up stock companies by the exchange they are traded on, and this can be confusing if you are still new to trading. They could have easily just grouped these all together.

Forex

LiteForex offers a moderate amount of currency pairs to trade, and you will find all the majors, most minors, and exotics here. Trading conditions are based on account types (which we will discuss), but here is some general information regarding forex trading for this broker;

One Standard (full) lot size in the quoted currency is indicated. For example, for the EURUSD currency pair, 1 lot size is equal to 100.000 Euros for Classic and ECN accounts and 100,000 Eurocents for CENT accounts.
Spreads and swaps are indicated according to the current market conditions (data is recorded in the table straight from the trading server and is updated in real-time). The LiteFinance has the right to change spreads and swaps according to current market conditions, depending on the volatility of one or another financial instrument and/or interest rate size, when such changes are required.
Swaps are calculated at 00:00 terminal time of each working day: triple swaps are calculated on the night from Wednesday to Thursday.
Margin requirements for USD/TRY, EUR/TRY, USD/ZAR, USD/MXN, USD/DKK, USD/NOK, USD/SEK, USD/SGD, USD/CZK, USD/HKD, USD/HUF, EUR/PLN, USD/PLN are 5 times higher.

Stocks

LiteForex offers trading CFD stocks for companies listed on the NYSE, the Nasdaq, the London Stock Exchange, the EuroNext Exchange, and the Xetra. The trading conditions vary ever so slightly depending on which exchange and company you plan to trade, so you will need to visit each page for a full breakdown of conditions for these.

Crypto

LiteForex offers quite a few coins to trade as CFDs, and you will find ones that you may not have even heard of potentially. It is advisable that you visit this broker’s crypto page for a full breakdown of each coin’s trading conditions. However, here is some general information that is given;

Spreads and swaps are indicated according to the current market conditions (data is recorded in the table straight from the trading server and is updated in real-time). LiteFinance has the right to change spreads and swaps according to current market conditions, depending on the volatility of one or another financial instrument and/or interest rate size, when such changes are required.
Swaps are calculated at 00:00 (the time indicated within the trading platform) on each working day; triple swaps are calculated from Friday to Monday.
Margin interest is the interest the trader charges for borrowing the broker’s money to maintain their trading positions.
Cryptocurrencies can be traded 7 days per week with one technical break on the night from Saturday to Sunday from 03:00 to 05:00 trading server time of the LiteFinance.
Leverage for all cryptocurrency assets has a fixed value of 1:50.

Indices

For indices, you will be able to trade 10 of the most popular indexes that track companies all across the globe. These are all included from the S&P 500 to the Hang Seng and DAX. Visiting this section will also give you a breakdown of dividend adjustments you must consider for each index. Here is some general info that is provided for indices;

Spreads and swaps are indicated according to the current market conditions (data is recorded in the table straight from the trading server and is updated in real-time). LiteFinance has the right to change spreads and swaps according to current market conditions, depending on the volatility of one or another financial instrument and/or interest rate size, when such changes are required.
Swaps are calculated at 00:00 terminal time of each working day: triple swaps are calculated on the night from Friday to Monday.
A SWAP rate is specified as a percentage of the current price in the quoted currency of the index.
If your trading account is denominated in a different currency, commissions will be calculated based on the USD rate on a given date.

Commodities

The commodities assets list of this broker is by far the smallest, and clients will only be able to trade natural gas, oil, and a handful of precious metals. Here is some general info that you can find on commodities that this broker has;

One standard lot is 100 troy ounces for gold and 5000 troy ounces for silver.
Spreads and swaps are indicated according to the current market conditions (data is recorded in the table straight from the trading server and is updated in real-time). LiteFinance has the right to change spreads and swaps according to current market conditions, depending on the volatility of one or another financial instrument and/or interest rate size, when such changes are required.
Swaps are calculated at 00:00 terminal time of each working day: triple swaps are calculated on the night from Wednesday to Thursday.
One standard XNGUSD lot equals 10,000 MMBTU of natural gas.
One standard oil lot is equal to 10 barrels.

Cryptocurrency
Stocks (Shares)
Forex
Commodities
Indices

How to Trade with LiteForex?

In terms of trading platforms, LiteForex (LiteFinance) offers MetaTrader 4 and then also MetaTrader 5. They have pages dedicated to these two platforms on their site, but no info is given. Your pages only provide links to download the platforms and not much else.

Remember that MetaTrader has been considered the industry standard when it comes to trading platforms for both retail traders and professional investors. The platform has been around since 2005; this broker might not be providing info on it because they think it is common knowledge. Here on PipPenguin, we have also covered MetaTrader 4 and 5 in many of our articles, so we will not be covering specific details on it.

However, it should be noted that this broker offers MT4, which is available for iOS, and previously, Apple had banned MetaTrader from its App Store.

Then this broker also has a mobile app but doesn’t specifically say that clients can trade using it. It is implied that this app is more of an account management and analysis tool;

You can set up filters and get up-to-date information only for currency pairs or other trading instruments you are interested in. Mobile applications from LiteFinance contain analytical support for a variety of currency pairs, oil, and precious metals
You can download and install applications with daily analysis, trading signals, or strategies on your tablet or smartphone

This is all the information you will find if you head to the dedicated page regarding the mobile app. The mobile app is available for both Android and iOS.

Feature	MetaTrader 4 and 5	Mobile Forex App
One-Click or One-Tap Trading	Yes	Not Specified
Trade Straight off Charts	Yes	Not Specified
Email Alerts or Push Notifications	Yes	Yes
Mobile Alerts	Yes	Yes
Stop Order	Yes	Not Specified
Market Order	Yes	Not Specified
Trailing Stop Order	Yes	Not Specified
OCO Orders (One-Cancels-The-Other)	No	Not Specified
Limit Order	Yes	Not Specified
24hr trading	Yes	Not Specified
Charting Package	Yes	Not Specified
Streaming News Feed	Yes	Yes

MetaTrader 5 (Windows, macOS, Android, iOS)
MetaTrader 4 (Windows, macOS, Android, iOS)
Forex Mobile App*

How Can I Open LiteForex Account? A Simple Tutorial

Remember that when you head to the LiteForex website, you will be redirected to the LiteFinance website, depending on your region. As such, we will be going through a tutorial on how to open up an account from this site. For the most part, the registration process for other top-tier brokers is pretty much standardized, and the signup process for these two separate entities should not be that different.

Once you are at the LiteFinance main website, you must click on the blue registration button in the header on the right side.

Once clicking the registration button, you will instantly be taken into the client area and prompted with a registration popup. Here you will need to fill in your country, Email or phone, and password. Note that the site should automatically pick up your location, so you should not need to fill this in. Also, you have the option to signup with social apps such as Google or Facebook. However, for this tutorial, we will be signing up by Email.

Once you have clicked on the register button, another popup will appear, and you will need to input the verification code that was sent to the Email you signed up with. Take note that you only have 1 minute to do this.

After filling in your verification number, the signup process will be complete, and the client area in the background will become accessible. Note that although the registration process is complete, you will still need to complete the verification process.

You will need to head to the “profile” section and then click on the “verification” tab in it to show what you still need to do to complete your identity verification. Remember that you will need to do this if you wish to deposit and withdraw funds from your account. Also, note that no account type is given in terms of being able to select one at registration, but the account is a live account.

Head to the LiteFinance website if you have been redirected there based on your region
Click on the register button located in the header
Fill out your Email and password
Input the verification code sent to your Email
Log into the client area
Go through the process of identity verification

Open A Demo Account

Alternatively, for those keen on trading but don’t have that extra money to burn for testing the waters, opening a demo account is an option worth considering. A demo account affords a trader most of the privileges of a paid trade account without the dollars and limitations.

Typically, going for a trial membership with any service means being limited to a trial period, when over, will have the trial customer having to cancel their trial account should they decide not to continue their trial membership. With LiteForex, a demo account allows use of most of the features of a trading account and the trading platform without the need to cancel any subscription or pay any upfront deposit.

Traders needing some hands-on experience with LiteForex would benefit much from opening a demo account with the broker.

Trading Account Benefits

There are bound to be pros and cons when assessing LiteForex. A potential trader may ask, “What are the trading account benefits with LiteForex?”

After much research, one thing that stands out is that LiteForex trading accounts and its platform have been designed especially taking into account the needs of novice traders. Here are some of the features novice traders can expect:

User-friendly Interface

With trading accounts catered to novice traders (deposit starts from as low as 50 USD) and clean, easy to navigate trading platforms, beginner traders will find a smooth start to their trading experience.

Social Trading

Also popularly known as copy trading, beginner traders can observe and then mirror the trades of successful traders to improve their trading skills in no time. Additionally, copy trades have always been found to be a more engaging way of upskilling one’s trading skills.

Mobility

Opening a LiteForex trading account also means having access to their mobile trading app. Being able to trade while on the move affords much needed conveniences made necessary by today’s trading ecosystem.

Rich Educational Library

Market analysis, articles, video tutorials and webinars are just some of the resources made available to traders in LiteForex’s wealth of educational resources. Any trader would benefit from this generous pool of knowledge and insights from successful traders.

Forex Trading Pluses with LiteForex

As forex trading becomes increasingly popular, LiteForex has done well as a forex and CFD broker accommodating especially new traders. The wide availability of forex trading platforms emphasizes the need to find a client-focused and reliable trading platform that is best suited to them.

When visiting their website, support for new traders is apparent with 24-hour live support, Economic News and a wide-ranging choice of trading accounts available. On top of this, today’s style of trading, more than accuracy, requires mobile trading. LiteForex through their platforms, products and services makes this possible with as convenience and efficiency as possible.

Accessible Financial Markets

LiteForex makes several markets accessible through Forex and CFD trading. Trade Indices, Commodities and Currencies with a Classic, Swap free or ECN account.

LiteForex Charts and Analysis

You will find all trading resources and educational materials that this broker offers under the “for beginners” section. Immediately, it should be understood that LiteForex does not have material that caters to intermediate or advanced traders. This is not a bad thing per se, but other top-tier online brokers do cater to all traders when it comes to this.

Thus, in terms of trading resources, LiteForex offers the following;

Webinars
Forex Glossary
Forex books
Trading Strategies

The image above shows that “reviews” and “open a demo account” are also part of the dropdown menu. However, there are no reviews in the review section, and opening a demo account does not really count as trading education or resources, and this account is automatically made when you signup with this broker.

Looking at the webinar section, you will find a handful of webinars that only cover the most basic principles of trading. Also, these have not been updated since 2021. Another factor to consider is that although many headings under this section are devoted to everything from technical analysis to money management, these sections are empty.

Next is the glossary section. Typically we do not include this for other top-tier brokers and ECN brokers, but LiteForex does not have much in the way of trading education. The glossary section contains what you would expect. That is trading terms and their definitions. We should point out that this section is also lacking in terms of the amount of “terms” there are available.

The only section that should be worth mentioning is the “forex books” section. However, this section is not what you would expect. It is, in fact, a catalog of published books that LiteForex recommends its traders go out and purchase. There are no eBooks, courses, or tutorials here, and the featured books only have a section cut out, which people can read.

The last section is “trading strategies,” which covers technical analysis. However, this section has not been updated in over five years (since 2018). As such, we don’t really consider this a viable source of relevant information, even if learning technical analysis is not bound by time because it is based on patterns and indicators.

One thing to note is that this broker has a blog that is kept up-to-date. However, this is not enough when most of the “resources” provided are nowhere near the level of what a top-tier broker should have.

Webinars
Forex Glossary
Forex books
Trading Strategies
Blog

LiteForex Account Types

There are two account types that you can choose from with this broker, and that is a Classic account or an ECN account. This is the information that LiteForex gives on its ECN account;

Forex ECN trading account is for professional, experienced traders, investors, and traders who wish to use the Social Trading service. The trading account is created on the basis of modern ECN technology that provides access to the best prices on the market, stable and guaranteed fast execution with no re-quotes and no conflict of interest. This type of account offers the highest annual percent accrued on unused funds and access to deep liquidity with low floating spreads.

Leverage for the ECN account is up to 1000:1, and the base currency is in USD or EUR. The spread is floating and starts at zero, while the commission is 0.25 USD per lot.

The Classic account is what you will open when signing up with this broker, and the ECN account will need to be opened once your registration is complete. The Classic account has a floating spread of 1.8 pip with no commission. Then everything else in terms of conditions like platforms, leverage, base currency, and minimum deposit (50 USD) is the same as the ECN account. This is the information that LiteForex provides about the Classic account;

Real trading account for experienced traders. A Classic forex account with a floating spread has been designed for traders with extensive trade experience and formed views on the market. It is ideal for those who adhere to a proven strategy in their trading using five-digit quotes and leverage up to 1:1000, giving access to large volume transactions.

ECN Forex Broker	Classic Account	ECN Account
Features	Market execution and floating spread	Market execution and floating spread
Account Currencies	USD, EUR	USD, EUR
Available Leverage	1000:1	1000:1
Minimum Deposit	50 USD	50 USD
Commission Per Trade	None	0.25 USD per lot
Decimal Pricing	5	5
Trading Instruments	Forex, stocks, commodities, indices, crypto	Forex, stocks, commodities, indices, crypto
Min. Lot Size Per Trade	0.01 lots	0.01 lots
Max. Lot Size Per Trade	100 lots	100 lots
Spreads	Floating, from 1.8 pips	Floating, from 0 pips
Demo Account	Yes	Yes
Swap/Rollover Free	No	No
Hedging	No	No
Scalping	Yes	Yes
Copy Trading Support	Yes	Yes
Available to US Residents	No	No

Classic account
ECN account

Do I Have Negative Balance Protection with This Broker?

The LiteFinance and LiteForex website doesn’t have a search function. They also do not have a search function in the FAQ section. This means that individuals cannot find information on the broker’s negative balance protection policy.

However, looking through the ECN account type page, you will find that listed in the “account specifications,” negative balance is part of this account type. Also, point three of the account specifications states;

In the event of a negative client account balance, the company applies negative balance protection and converts a client’s losses to zero balance so that the client does not have debts to the company.

This means that the broker does offer this policy on ECN accounts, but heading to the Classic account page, there is no statement that says negative balance protection covers this account type. This should be noted, as the account, you open through registration is a Classic account.

Yes, for ECN accounts
Not stated for Classic accounts

LiteForex Deposits and Withdrawals

In terms of depositing and withdrawing, you will need to open an account to find out what methods are available and even heading to the FAQ section will provide you with a statement that says clients need to check their profile.

Luckily we have opened a trading account with this broker and the following methods for deposits are available;

Bank card
Bank Transfer
Crypto (TRC20, BTC, BCH, ERC20, and other coins)
Skrill
AdvCash
Neteller
Perfect Money

Looking through the FAQs, you will find that LiteForex does not charge a commission when funding your account, and transactions are processed straight away.

In terms of withdrawal methods, you will also need to visit your client profile to see what options are available. However, the methods are the same for deposits and withdrawals when you head to this section.

This is also confirmed by a FAQ stating that clients will only be able to withdraw funds via the method they deposited due to the AML policy.

The minimum deposit for both accounts is: 50 USD
Bank card
Bank Transfer
Crypto (TRC20, BTC, BCH, ERC20, and other coins)
Skrill
AdvCash
Neteller
Perfect Money

Support Service for Customer

Regarding actual support for this LiteForex, there are only three methods available to clients: live chat, telephone support, and Email. You can find this information by heading to the “Support” main menu heading and going to the contacts page.

The company puts its social media links here and a feedback section and FAQ, but these sections will not give you direct access to customer support.

In terms of when customer support is available, clients can expect support for all channels to be 24/5. It should also be noted that live chat has different departments that will work different hours so these times will need to be considered if you are looking for a specific answer from a particular department.

LiteForex Customer Support	Overview
Supported Languages	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 By	LiteForex
Customer Service Hours	24/5
Email Response Time	Within 24 hours
Telephonic Support	Yes
Personal Account Manager	No

Supported Languages: 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 Channels: Live Chat, Telephonic, Email, FAQs, Social Media
Customer Service Hours: 24/5

Prohibited Countries: Where Can I Not Trade with this Broker?

The only information available regarding where this broker is not allowed to operate is located in the website’s footer section.

Here you will see that LiteFinance (LiteForex) does not provide services to the US, Russia, Japan, and other countries. Doing some research and speaking to support, we were able to conclude that these additional countries are also prohibited from using LiteForex;

Israel, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom

It will help to remember that international brokers operating in various regions like ZFX, XM, Capital.com, and others, including LiteForex will be prohibited from operating in various regions based on many factors, including sanctions, not being regulated by the appropriate authorities, and more.

Israel, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom

Special Offers for Customers

LiteForex offers two types of promotions for its clients. Looking through the website, you will find sections for “contests” and “partners.”. Going through this information, it is clear that the multiple headings under these sections are just separate sections regarding the information on these two promotions, which are technically;

Affiliate partner program
Trading contest

The affiliate program is just like any other, and partners can get up to 15 USD per trade conducted by a referral. They can also get up to 10% of the sub-partner’s profits.

Here are some advantages that LiteForex outlines for affiliates;

high profitability
stable income
simplicity
accessibility
multilevel system
automatic crediting of monetary remuneration
the highest commission fee in the market

Then there are trading competitions where clients can win prizes. The competition only states that clients only need to deposit 1,000 USD into their accounts to enter. No other information is given regarding any other factors that you need to consider. However, we suggest reading through the terms and conditions that you can find here. Prizes range from a new iPhone to hard currency.

There is also a “demo” contest that is currently running. Essentially, you will need to open a demo account and trade. The highest-grossing traders will stand a chance to win up to 4,000 USD. Here is more information that LiteForex provides;

Trade profitably on a contest forex account by use of currency pairs and any other available trading tools at LiteFinance. Trade actively and show the best profitability result among all forex demo contest participants.

Note that this competition is only running for the current month, and we do not know how often it is implemented.

Affiliate partner program
Trading contest

LiteForex Review Conclusion

LiteForex and its entities (LiteFinance) have been in operation since 2005. They are regulated by CySEC and hold a business license in SVG.
PIPPENGUIN

LiteForex and its entities (LiteFinance) have been in operation since 2005. They are regulated by CySEC and hold a business license in SVG. There is not enough information in terms of reviews to conclude whether or not clients are happy with the services and features this broker offers.

However, they seem safe because they have been in operation for almost two decades and have continued to provide brokerage services. However, we would suggest looking at some other brokers we have reviewed first because many others offer better services and features overall.

Summary and Key Takeaways

This broker offers ECN and CFD trading on forex, commodities, stocks, indices, and cryptocurrency. The platforms available to clients include MT4 and MT5. They do have a mobile trading app but don’t specifically say that clients will be able to trade with it; rather, it is for account management.

Their trading resources are lacking and have not been updated in years. The only form of trading resources is their blog which is kept up-to-date but is overshadowed by the fact that all other resources are either empty, lacking information, or have irrelevant information.

Low minimum deposit
MT4 and MT5 are available
Easy registration process
Investor compensation scheme of up to 20,000 EUR
Social/copy trading
A mobile platform is available
Founded in 2005
Two account types
ECN broker

FAQs

Is LiteForex a trusted broker?

LiteForex is a trusted broker. This is because they are regulated by CySEC and operate in conjunction and in accordance with MiFID. LiteForex Europe also provides an investor compensation scheme of up to 20,000 EUR.

What is the minimum deposit for LiteForex?

The minimum deposit for LiteForex is 50 USD. This applies to both account types: the Classic and ECN accounts.

How long does it take to withdraw from LiteForex?

It takes up to 24 hours to withdraw funds from LiteForex using specific gateways like Skrill, PerfectMoney, and Bank Cards. However, this could be longer depending on the methods used, i.e., bank transfers.

How do I fund LiteForex?

You can fund your LiteForex account by one of the following methods;

Bank card (Master Card and Visa)
Bank Transfer
Crypto (TRC20, BTC, BCH, ERC20, and other coins)
Skrill
AdvCash
Neteller
Perfect Money

These methods may change depending on your region.

About Author

Robert J. Williams

Robert J. Williams, a finance graduate from the London School of Economics, dove into finance clubs during her studies, honing her skills in portfolio management and risk analysis. With a career spanning prestigious firms like Barclays and HSBC, she's become an authority in asset allocation and investment strategy, known for her insightful reports.

1 review for LiteForex Review 2025: Is It Legit or a Scam?

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adams Uk – Октябрь 10, 2023
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