LiteForex, an online FX and CFD broker was founded in 2005.
The broker has achieved many things and now offers very attractive service conditions for online traders.
What makes LiteForex better than other standard brokers?
Find out more today!
1. Reputation and Accreditation
In the Financial Market since 2005
Set up in 2005, LiteForex Company proved to be a trustworthy broker and came to the fore of the financial world.
They know that traders choose LiteForex as LiteForex never rest on their laurels despite all their achievements and success.
LiteForex regularly implement new services, develop the network of their representative offices worldwide and increase their clients’ potential in the Forex currency market.
Reliable Reputation
LiteForex has been generally recognized by more than half and million clients from all over the world.
LiteForex company has got a huge number of awards, such as Best Broker in Africa, Asia, Latin America, and the fastest growing broker in Western Europe and Asia.
Also, Britain’s leading financial magazine “World Finance” has included LiteForex in its “100 World Finance” worldwide list.
The LiteForex Company firmly expands its services and regularly opens new offices.
LiteForex currently has representative offices in over 15 countries.
The number of partners willing to represent the LiteForex brand is only increasing.
LiteForex is represented in 216 countries and thus their clients can get assistance in their native languages wherever in the world.
2. Wide range of financial markets with ECN technology
Easy start for everyone
It’s easy and fast to start Forex trading with LiteForex.
The registration process takes up about 3 minutes only, and the low initial deposit lets anyone become a fully-fledged market participant.
LiteForex offers its clients a set of trading instruments under advantageous conditions of margin trading, including:
- Big list of major and exotic currency pairs and cross-rates;
- Precious metals: gold and silver;
- Wide choice of CFDs on shares – blue chips – listed on the world’s biggest stock exchanges (NYSE, NASDAQ);
- Leading American, European, Australian and Asian stock indexes;
- Cryptocurrency;
- Brent and Crude oil.
ECN – electronic communication network
An electronic communication network (ECN) implies that every Forex participant’s order will be matched to a contra-side order with the ECN-broker or with its contactors – liquidity traders whose role is played by big international banks – without any participation of a dealing center.
LiteForex, a company with high liquidity, offers these technologies in ECN accounts and thus affords its clients transparent market conditions, under which orders are executed at the best market price with no delays, slippage or re-quotes.
An electronic communication network (ECN) has a number of undisputable advantages:
- Trades are sent directly to liquidity traders
- No broker’s intevention
- Instant execution
- No requotes
- No conflict of interests
- No limits on trading strategies
3. MT4 and MT5 with several Account Types
MetaTraders – The most popular trading platforms
The LiteForex Group provides its clients with MetaTrader4, the most stable and called-for trading platform popular with traders from all over the world, as well as with an updated version of the trading platform MetaTrader5.
Besides MT desktop versions, LiteForex’s clients can use WebTerminal to be able to trade right from the browser on any computer wherever in the world without having to install a desktop version.
The one and only condition for using WebTerminal is to have access to the internet.
Also, the company clients are offered freely downloadable applications intended for trading via mobile devices and tablets (Android, iOS and other OS).
One-Click Trading
The service “One click trading” available to LiteForex’s clients within the terminals MetaTrader4 and MetaTrader5 makes execution of trades as simple as possible.
You can conduct a big number of transactions without losing your time, which sometimes extremely influences trading results.
Having optimized the closing and opening of positions with the help of the feature set “One click trading”, you’ll be able to make profit with a single mouse-click.
Various trading account types
LiteForex offers its clients a wide range of trading accounts.
The clients of LiteForex Investments Limited are offered the following types of trading accounts: ECN, CLASSIC.
In this way, LiteForex’s clients can choose the best option to fit in with their trading strategies and needs.
Islamic Accounts with Swap-Free condition
Islamic accounts (swap-free) offered by LiteForex do not consider swaps when a position is carried over to the next day and at the same time they possess all the account trading advantages.
Islamic accounts represent an easy-to-use financial instrument which lets LiteForex’s clients from all over the world, including Islamic countries, freely manage their funds.
4. Social Trading and Bonus Promotions
Social Trading platform for Copy Trades
The SocialTrading platform is traders’ social network that provides 4 ways of copy trading.
SocialTrading brings global traders together to form a successful community where they can use one another’s experience to reach their goals.
- Communicate with other community members: share your thoughts and trading achievements in the newsfeed.
- Duplicate successful traders’ trades in your own account or share them with others through their copy-trading system.
- Share your knowledge and experience in your newsfeed, attract new followers, motivate them to copy your trades and earn a commission from their profits.
LiteForex’ copy trading system brings you a high income and confidence in trading decisions every day.
Bonus Promotions
The LiteForex Company offers a constantly updated line of promotion programs to improve the clients’ trading experience.
Follow the company news and updates in the “Promotions” section.
LiteForex also invites its clients to take part in contests which are held on a regular basis.
These contests are intended for any client.
The winners are awarded not only with money prizes, but also with cars, bikes, gadgets and other precious gifts.
Actual Forex Market Analysis
Trading in the Forex market is hardly possible without competent forecasts and situation analysis.
Actual analyses composed by experts are daily published on the company’s official site and sent to clients’ emails.
What’s more, to make sure their clients trade successfully, LiteForex provide them with the best analytical materials from the independent professional analytical portal Claws&Horns.
Video reviews, daily analytical articles, trading signals and expert opinions are available to LiteForex’ clients within their personal profiles with LiteForex!
For their global clients’ convenience, analytical materials are provided in all popular languages.
5. Customer Support and Data Safety
The Best Client Service
LiteForex’s clients are guaranteed twenty-four-hour technical support 5 days a week.
The “single window” system makes it possible to receive competent advice of any department’s specialist by use of LiveChat.
“The Best Client Service” award received at the 6th International Investment & Finance Exposition confirms their staff’s high competence and client-oriented service approach.
Personal Manager
Confirming its client-oriented approach, LiteForex provides each client with a personal manager.
The client can receive competent and comprehensive advice on any matter.
Data Safety
LiteForex assures its clients of the personal information safety as well as of the safety when conducting non-trading operations.
The HTTPS data encryption protocol (Hypertext Transfer Protocol Secure) used in Personal Profiles is intended for safe data transfers between the client and the server and excludes any acts of the client’s personal data interception.
6. Fund Safety and Convenience
Convenience of work with Cash Flows
LiteForex offers a variety of electronic payment systems to top up trading accounts and withdraw funds from the account, including direct deposits by bank cards and bank transfers.
The automatic system of instant internal transfers enables their clients to transfer money between trading accounts without any inconveniences.
What’s more, all retail clients’ funds are insured by the Investor Compensation Fund (Subject of eligibility).
Payment system fees reimbursement
LiteForex Company does not charge any fees when the clients top up their accounts or make withdrawals.
Always focused on client needs, LiteForex decided to refund a commission paid by clients to a payment system when making a deposit into their trading accounts.
With the help of this solution, deposit fees will be automatically paid back to your trading account.
Automated Fund Withdrawals
LiteForex Investments Limited processes automatically withdrawal requests (up to $100), which speeds up the process of funds withdrawals and reduces waiting times for all clients.
This option is fully automated and no action is needed on your part.
Just send a request for withdrawal from the Client’s Profile, and your funds will be immediately transferred to your wallet.
Please click "Introduction of LiteForex", if you want to know the details and the company information of LiteForex.
IronFX
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!