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.
LiteForex at a glance
| 🔍 Brokers name | LiteForex |
| 🏛 Headquarters | Majuro, Marshall Islands |
| 📅 Years founded | 2005 |
| 📝 Regulating authorities | Only regulated in accordance with Marshall Islands Business Corporation Act. (63888) |
| 🌍 Countries not accepted for trade | United States, Japan, 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 |
| 📒 Demo account | Yes |
| Islamic account | Yes |
| 💻 Institutional account | Yes |
| 🤝 Managed account | No |
| 📊 Maximum leverage | 1:500 |
| 💳 Minimum Deposit | $50 or currency equivalent |
| 💳 Deposit options & Withdrawal options | Credit/debit card (Visa & Mastercard), Bank transfer, WebMoney, CentrePay, Neteller, Skrill, Alipay, Yandex, and Dengi. |
| 📊 Platform(s) provided | 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 |
| 🌐 Languages supported | 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 hours, five days a week |
| 📌 Open an account | 👉 Click Here |
|---|
Min Deposit USD 50 Regulators CySEC Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
LiteForex Review – A Key 18 Point Quick Overview
- ✅LiteForex Overview
- ✅LiteForex Sign-up Bonus
- ✅LiteForex Account Types
- LiteForex Account Features
- How to open a LiteForex trading account – Step by step
- LiteForex Demo Account
- LiteForex Islamic Account
- LiteForex Trading Platforms
- LiteForex Fees and Spreads
- LiteForex Deposit fees and deposit methods
- LiteForex vs Lirunex vs Libertex – A comparison
- LiteForex Top Countries by Similar Web
- LiteForex Current Popularity Trend
- LiteForex Pros and Cons
- LiteForex Customer Reviews
- Conclusion
- Disclaimer
- Frequently Asked Questions
LiteForex Overview
LiteForex Investments Limited is an established online ECN CFD and forex broker that allows clients to trade on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms using multiple deposit and withdrawal methods.LiteForex Investments Limited has a variety of tools to facilitate successful trading including an economic calendar, a world market news blog, and both a margin and Fibonacci calculator, all accessible via the homepage.
LiteForex Investments Limited was founded in 2005 and has headquarters in the Marshall Islands. The group boasts more than 500 000 clients worldwide with offices in the Philippines, Kenya, Myanmar, Tanzania, Ghana, Nicaragua, India, Indonesia, Vietnam, Iran, and a recently opened office in Lagos, Nigeria. LiteForex (Europe) Ltd operates as a separate broker offering trading services to clients from Europe.
LiteForex provides traders access to Tier-1 liquidity in Forex, commodities, and stock markets, allowing traders access to various financial instruments such as major FX pairs along with cross rates, oil, precious metals, and various others.
LiteForex says it uses only the most advanced technology to ensure that traders operate in a safe and user-friendly environment on the best trading platforms and with high-speed executions. LiteForex’s offering also includes low floating spreads, market execution void of requotes, and professional assistance.
LiteForex Sign-up Bonus
LiteForex does not currently offer specific bonuses with sign-up, also called deposit bonuses, but may offer a rebate on deposit fees. LiteForex Investments Limited however regularly offers promotions and contests. Traders should check the broker’s website for the latest no deposit bonuses and promo codes in 2025.
| Sign Up Bonus | 📌 No |
| Referral Bonus | 📌 No |
| Promotions | ☑ Yes |
| 💰 Payment system commission reimbursed |
Brokers usually offer this kind of bonus to new traders to draw more customers and encourage trading activities. Offering a deposit or welcome bonus gives traders some money back depending on the initial deposit made. Even if a trader does not receive any deposit bonus, or any other bonuses or rewards, trading conditions are still attractive enough to encourage traders to register a real account.
LiteForex Account Types and Features
LiteForex Investments Limited offers two primary live accounts, the ECN Account, and a Classic Account. Both ECN and Classic accounts have their merits, so traders should do proper research before making a choice. As accounts use different servers, it is not possible to change the account type once opened, to do so a trader will need to delete his account.
ECN Account
LiteForex Investments Limited recommends the real-trading ECN (Electronic Communications Network) account for professional traders and investors. This account offers an interest rate of 2.5% on surplus funds, an unlimited duration of transactions and trades are delivered directly to liquidity providers. Only the MT4 platform is available to holders of an ECN account.
| 💳 Minimum deposit | $50 or currency equivalent |
| 📉 Technologies | ECN |
| 📊 Leverage | 1:500 |
| 📉 Spreads | 0.0pips |
| 💰 Commission | From 0.5$ per lot1 |
| 📲 Trading Platforms | MT4, MT5 |
| 💳 Rate per annum | 2.5% |
Classic Account
The Classic account is available to experienced traders. No commissions are charged, or interest paid on surplus funds. Both the MT4 and MT5 trading platforms can be used by traders. The minimum deposit required to open the account is only $50.
| 💳 Minimum deposit | $50 or currency equivalent |
| 📊 Leverage | 1;500 |
| 📉 Spreads | 1.8 pips |
| 💰 Commission | None |
| 💳 Rate per annum | 0% |
How to open a LiteForex trading account – Step by-step
How to open a LiteForex account:
- Step 1 – Navigate to the LiteForex website
The first step in registering for a LiteForex account involves traders navigating to the LiteForex website, and clicking on “Register” to proceed.
- Step 2 – Fill out the LiteForex registration
The second step in the registration process requires traders to fill in their: email address, phone number, and password.
- Step 3 – Access the LiteForex trading dashboard and verify your email address.
Traders will now gain access to the Liteforex trading dashboard where they can verify their personal information in order to start trading.
LiteForex Demo Account
LiteForex’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
| 🌐 LiteForex Demo account features: | Mims live trading enviroment |
| 🆓 Risk free | |
| Unlimited duration of transactions. | |
| Access to all trading instruments. |
LiteForex Islamic Account
The purpose of an Islamic Account is that it caters explicitly to Muslim traders who follow the strict rules of Sharia law. These rules prevent followers from paying any type of interest, such as overnight fees, which is seen as exploitive or wasteful. Overnight fees are charged when traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should traders hold positions open for longer.
| ☪️️ Features: | Swap Free |
| No overnight fees | |
Sharia law compliant |
Brokers offer an Islamic Account only to Muslim traders who follow Sharia law. Traders must, however, take note that there are certain features indicated on the Islamic account which may differ vastly from the other individual account types, such as minimum deposits, spreads and more.
Traders who are interested in registering for an Islamic account must contact the broker’s customer support team to verify the availability and current conditions of such an account as conditions may have changed from the time of writing.
LiteForex Trading Platforms
LiteForex provides traders with a choice between some of the best trading platforms such as:
- MetaTrader4
- MetaTrader5
- MetaTrader 4/5 mobile apps
MetaTrader4
This is the most popular trading platform which is used by traders and provides a variety of tools not only for trading but for analysis as well. It also hosts an array of other features that include compatibility with several plugins and apps.
Other features include, but are not limited to:
- User-friendly and customizable interface
- Real-time quotes that are shown on the market watch along with charts
- Access to EAs
- Advanced order and risk management features
- 9 timeframes
- 30 built-in indicators, and more
MetaTrader4 can either be used on a Windows Desktop along with using it as a multiterminal to manage more than one account, or it can be downloaded onto mobile phones and tablets that use either Android or iOS.
MetaTrader5
This is the new and improved version that was built on the same principles as MetaTrader4, but comes packed with an array of additional features such as:
- Multiple order types of up to 6
- 21 timeframes
- 44 drawing tools
- 38 technical indicators
- Depth of market along with an economic calendar, and more
MetaTrader4 and MetaTrader5 mobile apps
These two apps were built separately for both Android and iOS devices. Even though both look alike and can be seamlessly integrated with desktop applications, there is a significant difference between them. MetaTrader4’s mobile app accounts can be integrated on desktop and mobile while the MT5 accounts are accessible from both the mobile app as well as the desktop. Despite this difference, both apps have the following features:
LiteForex Fees and Spreads
LiteForex’s spreads on EUR/USD start from around 1.8 pips. LiteForex spreads are specific to the account and asset being traded. The Classic account uses a spread-based system and the ECN account a commission-based system with $5 commission charged per lot. Fees, spreads, and commissions on the company’s spread list are as follows:
| 💰 LiteForex Fees and spreads | 0.0 pips |
| 💳 CFD | |
| 💳 Forex | |
| 💳 Cyptocurrency | |
| All popular currency pairs; * Trading is available 24 hours 5 days a week; |
LiteForex Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that LiteForex requires when traders register a live account is low. LiteForex offers traders various payment or deposit methods that can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.
LiteForex accepts the following deposit methods:
| 💳 Credit/debit card (Visa & Mastercard) | 💳 Skrill |
| 💳 Bank transfer | 💳 Alipay |
| 💳 WebMoney | 💳 Yandex |
| 💳 CentrePay | 💳 Dengi |
| 💳 Neteller | 💳 |
LiteForex does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. USD EUR and MBT are accepted as deposit currencies. Traders must ensure that they verify whether their financial institution charges its own fees.
LiteForex vs Lirunex vs Libertex - A comparison
| 🥇 LiteForex | 🥇 Lirunex | 🥇 Libertex | |
| 💳 Minimum deposit | $25 | $25 | $10 |
| ZAR | R400 ZAR | R400 ZAR | R160 ZAR |
| 🎉 Bonus | ☑ Yes | ☑ Yes | ☑ Yes |
| 💻 MT4 | ☑ Yes | ☑ Yes | ☑ Yes |
| ☪️️ Islamic Account | ☑ Yes | ☑ Yes | 📌 No |
LiteForex Top Countries by Similar Web
| 🌐 Russia | 52.17% |
| 🌐 Cyprus | 42.53% |
| 🌐 Iran | 2.45% |
| 🌐 Poland | 1.11% |
| 🌐 Canada | 0.72% |
| 🌐 Others | 1.01% |
LiteForex Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “LiteForex” is entered into Google’s search engine over a given period of time.
LiteForex Pros and Cons
| ✅ Pros | ❌ Cons |
| Social trading platform available | Limited trading instruments |
| Reliable platforms such as MT4 and MT 5 | Commission fees are not the cheapest |
| Expert analysis available | No US, Israel, or Japan clients |
| Comprehensive market analysis app available | No Free VPS |
LiteForex Customer Reviews
I registered 2 weeks ago, immediately after the server crashed for a period of 1 week, yesterday I requested the transfer via skrill and today I received them…- Claudre
This is Good broker for investing
This is Good broker for investing. I have trade gold , oil, and many product – Brian Brit
Really, they have questionable spreads and it all looked nice at first till I put a big chunk in and I have been having issues with my account. After a while of research, found futuresaid website and I was able to get back all I put in from LiteForex through them.
They can be very sweet and tricky and that’s very bad. – Gina
You might also like: LiteForex Account Types
You might also like: LiteForex Demo Account
You might also like: LiteForex Fees and Spreads
You might also like: LiteForex Islamic Account
You might also like: LiteForex Minimum Deposit
You might also like: LiteForex Sign up Bonus
Min Deposit USD 50 Regulators CySEC Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Conclusion
LiteForex is a broker that caters not only to expert traders but also to beginner traders through its provision of a variety of educational tools and materials. Although there are only two account options, both cater to all levels of trader experience. The offering is competitive with tight spreads and reasonable commissions along with an exceptionally low minimum deposit of $50 or currency equivalent.
In addition, LiteForex offers a safe and secure trading environment and advanced trading platforms which add substantially to the trader’s experience. In addition, the Social Trading option is one that makes LiteForex extremely unique and sets it apart from its peers, along with being one of few brokers to provide analysis from the third-party firm, Claws & Horns.
Unfortunately, the asset list of instruments that traders can use is limited when compared to other brokers, and this is something that needs to be addressed.
Disclaimer
CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit. Traders need to evaluate their objective, level of risk exposure and willingness to be exposed to risks.
LiteForex’s products, services, and all other information is not provided as encouragement or recommendation to decide to invest, but merely serve an informational purpose. Should traders need to, they can consult independent and professional third parties for advice, according to research in South Africa.
Frequently Asked Questions
Is LiteForex fake or a scam?
LiteForex is regulated by CySEC the Cyprus Securities and Exchange Commission
For which type of trader is LiteForex best suited?
LiteForex is best suited for beginners and advanced traders of all types but caters mainly for ECN brokers.
What type of broker is LiteForex?
LiteForex is a ECN broker based in Cyprus
How many instruments can I trade with LiteForex?
You can trade several different instruments with LiteForex, which include the following:
- Currency – FX trading on major, minor, and exotic pairs
- Commodities – gold and oil with consistent liquidity
- Global stock indexes – CFDs on major global indices, including the US30 (Dow Jones)
- Cryptocurrency – Popular crypto pairs, including Bitcoin, provide an alternative to traditional markets
Which platforms are supported by LiteForex?
LiteForex provides the following popular trading platforms:
- MT4
- MT5
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