LiteForex - Forex Broker information, rating, reviews

LiteForexhttp://www.liteforex.com/?utm_source=forex-ratings.com&utm_medium=banner&utm_term=660f6229-0c55-a8b8-2395-51922e85840c&utm_campaign=rating
Status
Regulation Marshall Islands Business Corporation Act
Trading software MetaTrader4/5, Sirix
Headquartered Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MN96960.

Our company was founded in 2005 to make the Forex market accessible, safe, easy and profitable for traders from all over the world.  Guided by those purposes, we were the first to introduce cent accounts with the initial deposit of as little as $1, thus making Forex available to thousands of clients. Nowadays, LiteForex broker is one of leading brokerage companies that unites traders worldwide. LiteForex is on the top 100 companies list according to World Finance. Our representative offices are opened throughout the world.

Trading accounts
CENT
Spread    Fixed, from 3 pips
Leverage    1:1000—1:1
Minimum deposit    $10
Recommended deposit    $50
Account base currency    USD cents, EUR cents, CHF cents, RUB kopecks
Islamic accounts    available
Rate, % per annum    0
Lot size ($)    1000
Minimum lot    0,1
Maximum lot    100
Minimum step    0,01

CLASSIC 
Spread    Fixed, from 2 pips
Leverage    1:500 - 1:1
Minimum deposit    $100
Account base currency    USD, EUR, CHF, RUB
Islamic accounts    available
Rate, % per annum    3,5
Lot size ($)    100 000
Minimum lot    0,01
Maximum lot    100
Minimum step    0,01

ECN
Spread    Floating, from 0,9 pip(s)
Leverage    1:400—1:1
Minimum deposit    $500
Account base currency    USD, EUR, СHF, RUB
Islamic accounts    available
Rate, % per annum    7,5
Lot size ($)    100 000
Minimum lot    0,01
Maximum lot    100
Minimum step    0,01

PAMM
Spread    Floating, from 0,9 pip(s)
Leverage    1:200 - 1:1
Minimum deposit    $200
Account base currency    USD
Islamic accounts    available
Rate, % per annum    0
Lot size ($)    10 000
Minimum lot    0,01
Maximum lot    1000
Minimum step    0,01

Trading Platforms
LiteForex provides its clients with MetaTrader 4, by far the most popular trading platform.  Our clients can also access the cutting-edge platform MetaTrader 5. Freely downloadable applications for trading via mobile devices (Android, iOS and other OS) are always at hand. 
The trading platform Sirix, the most advanced trading platform with the portability of an easily downloadable mobile application, provides our traders with a social trading option so that they could follow and copy expert gurus around the world to help them confidently make trading decisions and build impressive expert portfolios.
Unique Features
LiteForex has developed its own unique multilevel bonus program Bring a friend 2.0 that boasts the following exceptional attributes: 
1.    A 20% bonus on deposit
2.    $15, $10, $5, $2 as balance funds paid for attracted clients 
3.    Affiliate commission of 2 pips from attracted clients' transactions.
4.    Participation in the prize raffle every 3 moths
5.    Huge trading profits
Also, LiteForex’s clients can go for one of the various affiliate programs that provide the best fee rates to partners.
The most popular affiliate programs:
Rebate:  2 pips (up to $20) per a referral’s trade and 10% of sub-partners’ income.
CPS:  $ 50 for a client who has conducted more than 50 trades and 10% of sub-partners’ revenue.
CPL:  up to $ 25 for each new client and 10% of sub-partners’ revenue. 

Deposits and Withdrawals
The minimum initial deposit for LiteForex’s clients is 10$. The maximum leverage amounts to 1:1000. These are the best conditions for beginners as they provide them with risk-free trading experience. Free demo account is also available for the broker’s customers. LiteForex’s clients can deposit with the usage of more than 50 payment systems. The most popular ones are Skrill, WebMoney, bank wire transfers or direct deposits via VISA and MasterCard. There's no limit to how much money clients can withdraw. The automatic processing of withdrawal requests the Company has introduced recently speeds up the process of funds withdrawals and reduces waiting times for all clients. So, the withdrawal is automatic, fast and unlimited. Besides, LiteForex is one of the islamic forex brokers offering Islamic types of accounts. All these male LiteForex forex broker very comfortable for trading on the currency market.

Customer Support
LiteForex’s clients are guaranteed twenty-four-hour technical assistance 5 days a week. The “single window” system makes it possible to receive competent advice on any matter by use of LiveChat. Each client is provided with a personal manager as well. “The Best Client Service” award received at the 6th International Investment & Finance Exposition confirms our staff’s high competence and client-oriented service approach. On the company’s website you can find how to use LiteForex and how to trade on LiteForex as well as where is LiteForex located .

Security 
LiteForex broker clients are assured of the complete safety of their personal information. Non-trading operations at LiteForex are safe as well. The HTTPS data encryption protocol (Hypertext Transfer Protocol Secure) used in Personal Profiles provides safe data transfers between the client and the server and excludes any acts of the client’s personal data interception.

Conclusion
Lite Forex broker takes pride in its revolutionary services and exceptional trading conditions that yield high profits for traders, partners and account managers worldwide. Join LiteForex and check it out!  

LiteForex  comes to various forex broker ratings in different nominations including best islamic forex broker. On the company’s profile page at our website you can read LiteForex reviews by other traders as well as write your personal LiteForex review of your personal experience with the broker. To add a forex review in this forex rating you need to login to the site. 

LiteForex trading information

WWW http://www.liteforex.com/
Address Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MN96960.
Headquarters Marshall Islands
Free phone Canada Toll-free - 1-888-746-5619 UK Toll Free - 0-808-189-1398 Russia Toll-free - 8-800-707-2963 Malaysia Toll-free - 1-800-815-303 Indonesia Toll-free - 001-803-015-203-9772
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Interest charges on the balance
Bonuses, Promotions
Forex contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24 hour trading
Accepts US traders
Scalping
Hedging
PAMM
Digits after the dot in quotes 4,5
Minimum position size 0.01
Spread Type fixed and variable
Pip spread on majors 0.4
Leverage 1000
ECN, $ 400
Standard account, $ 100
Mini account, $ 10
Other payment methods
Popular payment methods Credit Card Transfers, Bank Wire Transfers, Skrill, Neteller, Local Deposits, WebMoney, QIWI purse, OKPAY, Perfect Money, Boleto Bancario, TBL
Account currencies USD, EUR, RUB, CHF
Other instruments Precious metals, Currencies, World Indices, Oil, CFD, CFD_RU
Other languages
Languages English, Spanish, Portuguese, Russian, Indonesian, Vietnamese, Malay, Thai
Platforms MetaTrader4/5, Sirix
Broker type ECN
Regulation RMI BCA
Foundation 2005
XAG/USD: A decline might resume

On the 4-hour chart, the pair is trading near the level of 15.32 (23.6% correction). The price is supported by the 38.2% fan line, directed up, and the level of 15.05 (38.2% correction)...

Market analysis
S&P500: Bearish sentiments are strong in the market

US stock indices went up on Wednesday after the release of the minutes of the US Fed meeting in January, which was devoted to the US monetary policy. Dow Jones Industrial Average rose by 1.6%, Nasdaq Composite - by 2.2%.

Forex Reviews
S&P500: will the correction continue?

Since December 2015 the index S&P500 has been in the downtrend. In February, the index fell to the level of 2108.0, which is almost 15%. In the past 4 sessions the index had adjusted, approaching the level of 1935.0...

Forex Forecasts

EUR/USD: A correction is ending. A growth is expected

Assumingly, the third wave 3 of the senior level continues developing. Locally, a correction in the fourth wave (iv) of the junior level seems to be finishing. If the assumption is correct, in the nearest future the pair is expected to reverse and grow towards 1.1500, 1.1600...

EUR/USD forecasts
XAU/USD: A decline is likely to continue

On the 4-hour chart, the price is testing the level of 1210.80 (23.6% correction); the ascending 38.2% fan line is an additional resistance for the price. If this resistance area is overcome, a growth would continue to 1224.90 and 1249.25...

Forex Forecasts
EUR/USD: Euro remains under pressure

The Euro was pressured by poor data from Germany. The ZEW Survey – Current Situation in February fell from 59.7 to 52.3 points, while economists predicted a fall to 55.5 points. In addition, the ZEW Survey – Economic Sentiment shrank from 10.2 to 1 point that was however slightly better than an expected fall to 0...

EUR/USD forecasts
LiteForex latest reviews

Its hard to suggest some ideal broker as each has its pros and cons and only experience (losses and gains) will give you a cluechea what are your requirements to the broker. One of the advantages I consider crucial for a broker is raw spreads+commission which forms ECN platform, I found one at LiteForex

Vega Squadron   26 June, 2017  

I’ve been working on Normal for about a year cuz I started with it. If you work without connecting to the rebate, it probably seems that spreads are too large. Maybe it would've been like this, but there is instant fulfillment of the transactions because of spreads. Were it not for it, I would've been out of there, but rebate system turns back 50 persent of the spread to your account.

Arion   23 June, 2017  

Long as you have a good broker, scalping is very good. Personally, when I started trading, I used to scalp with LiteForex, but after sometimes, I graduated to day trading, so far, so good!

Gektor   22 June, 2017  
More opportunities with the new type of account from FIBO Group

More opportunities with the new type of account from FIBO GroupFIBO Group is providing a new type of account – MT4 NDD No Commission. No Dealing Desk technology is implemented on this type of account, which grants an opportunity to trade directly with the largest liquidity providers of world electronic networks. No commission fees for opening and closing positions. Account currency: USD, EUR, GLD. The maximum leverage is 1:400. Open a demo account right now and test new opportunities of MT4 NDD No Commission account.

I withdraw from the bonus account to webmoney. Everytime the withdrawal is brilliant. I hear webmoney signal in 20 minutes. Although I don’t like the three pips spread on euro/usd and the unfriendly swaps, there is no problem with the withdrawal and this is the main thing.

Sunny   21 June, 2017  

I am learning to trade with CFD, I have been trading in LiteForex for three months, as long as I like everything, trade goes smoothly. Already have arrived, the withdrawal of money has not yet ordered, I want to try to withdraw money during several days. If something goes wrong, I'll write about it here.

Saladi   12 June, 2017  
  


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