TOP Forex Broker in the market Working since 2005

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 all retail trading accounts (for those not belonging to professional or institutional investors) against broker liquidation to a maximum value of EUR 20,000. Overall, LiteForex xcritical rezension 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. LiteForex has a track record of more than 15 years in the online brokerage industry with offices in jurisdictions worldwide.

Forex trading with LiteFinance is one of the best ways to become a professional on Forex market

The online platform designed by LiteFinance is a one-stop trading system that provides a trader with all necessary tools and does not require installing. Brokerage services in your country are provided by the company LiteFinance Global LLC (registered in St. Vincent & the Grenadines as a Limited Liability Company with registration number 931 LLC 2021). You can download MetaTrader 5 in the “Trading Platforms” section of your broker’s website. To install the platform, double-click on the downloaded file “litefinance5setup.exe”. Choose a directory for installing the program and follow the installation program tips. LiteFinance Global LLC does not provide services to residents of the EEA countries, USA, Israel, Russia, and some other countries.

A variety of payment systems for fast depositing and withdrawal of funds

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. The materials are prepared by the well-known independent analytical agency Claws&Horns, which has established itself as a professional in the area of market analysis. Open an account with LiteForex and gain access to quality analysis for free. It should be noted that LiteForex applies a slightly different cost structure to its two account types.

Changes in LiteFinance’s trading schedule due to upcoming holidays on stock exchanges. Explore how to make money on spread betting and distinguish it from CFD trading and binary options. Learn the basics and practice on a demo account with virtual money. I am using litefinance for long time everything is fine, and it is honor for me that i am working with litefinace.Thanks litefinance for everything.

Another strong point is the broad range of forex trading educational resources available on the broker’s website. These range from tutorials and summaries of well-known books on investing, economics, and financial markets to the opportunity to access expert analysis through a partnership with financial insights provider Claws & Horns. 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. This company is a registered broker operating from Cyprus, an EU member state located in Southern Europe.

User Experience

The Classic account features 0% commissions with the spreads, including a markup, as outlined above. However, the ECN account, which is aimed at professional and institutional users, charges a flat commission of $5 per round trip per lot. LiteForex is recommended for traders of various experience levels thanks to the extensive investor education resources provided on the website and through the brokerage’s partnership with Claws & Horns, which adds extra value.

Customer service xcritical scammers contact information is prominently displayed for smooth communication with the support team. Account holders can choose between MetaTrader 4 and MetaTrader 5 as a trading platform. This industry-standard software comes with a raft of features and benefits and is recognized for its data security features, analytics tools, and quick execution times.

1. LiteForex has a track record of more than 15 years in the online brokerage industry with offices in jurisdictions worldwide.
2. You can download MetaTrader 5 in the “Trading Platforms” section of your broker’s website.
3. Customer service contact information is prominently displayed for smooth communication with the support team.
4. Depositing and withdrawing funds is also straightforward and should pose no difficulties to traders regardless of their experience level.

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. An easy-to-use dedicated trading platform provides a comprehensive analytical toolkit and suits any trader regardless of experience. Trade by yourself, copy trades and make money in the markets with a reliable broker on a user-friendly platform and on the best terms.