This is an update to my previous review about liteforex, Its over 76 Days now and what they keep saying about my withdrawal status is that they have sent it, have provided them with my banks statement on 2 occasions, they will only reply that they forwarded it to the financial department. be wise look for a better Broker unless you want to trade your funds like demo and not withdraw
Lite Forex (Worst Forex Broker). Dear all, Please be informed that I have an Islamic account (Swap free) and commissionable in lite forex since 29 Jan 2019. I have a total deposited to my account USD 750 and I made the profit and the first week of April my balance is USD 1238.58. On 8th April when I requested to withdraw the full amount of my money, they deducted USD 517.23 as swap charge but my account was swap free. They did not charge swap amount when I closed my trade but they did charge USD 517.23 after withdrawal. Even they did not inform me that they will charge swap after withdrawal and I lost USD 517.23. So please stay away from lite forex to save your money.
Liteforex is a big scam please stay away from them they don't pay withdrawal I have a withdrawal pending from them for over a month today, from the history it was marked complete but they didn't actually send the money to me. Contacted them with both my bank statement still no sign of payment yet.pls stay away from liteforex broker
Lite Forex does not pay withdrawal on time and they will ask you to wait after 1 month if you have intentions to just trade and not to withdraw then you can trust lite forex with your money otherwise a word is enough for the wise
Especially useful for me are statistic and educational articles from this broker. I've followed advices which i can find in articles and predictions it helps me make my trading more profitable. Broker's trading strategies which o got from iOS app are valuable complement to any level of trading experience. I think each trader will find positive sides in this broker. I am trading by using stop loss and take profit everything working stable.
liteforex removed my all fund MT4-ECN-581120. liteforex big scamer
I have been trading in LiteForex since first day of my trading practice and they have been so good and improving each year.Their social traiding platform is great and proftable. Now I am using the scalping strategy on ECN. I don't want to get negative experience in trading. I hope that this broker will work during many years.
LiteForex is nonprofessional broker. I made withdrawal on 18.12.2018 (the amount is poor 100$) and have not received money yet. I asked reason and their answer was that they had already made withdrawal and blamed card processing center. It's very nonproffesional from their side. Please think beefore you choose LiteForex as your broker to avoid problems like I have now.
I am begginer in forex. I decided to open account with LiteForex as my colleague recommend me. I traded and made a little profit, so I decided to withdraw my poor profit and made it on 18.12.2018. Regarding agreement it needs 1-3 days, but I was surprised when I didn't receive money on my card 21.12.2018. So I contacted to support team and asked reason. They said that they have some problem with card payment. Does anyone have the same problem? I don't know it's just coincidence or I am scam. Please give me advice
I have real account with liteforex and with other brokers also. I trade with worldwide brokers as liteforex and other. There is a little differences between trading conditions of this brokers but quality of trading can be different because brokers has different providers. I do not have any serious problems with liteforex. This is a good broker with nice conditions for traders. I can say one thing if you want to use scalping strategy you need to use ECN account. I am using standard account and this strategy is not comfortable for this type of account. Also I like to use carry trade strategy by trading with liteforex and another broker.
Hello. I am a trader in Forex since 2011 and during this time i have worked with 22 to 23 brokers. when I was a beginner I was losting my money very much and I started to participate in courses and using viedo tutorals in internet. So long as you make losses in a broker you are a good client and they contact you very much and you receive lots of ad letters and the encourage you that you should deposit again. Definitely when you start to make profit in market and you are well exprienced at that time your dificulties with broker start. I was not excluded from this rule. I started to make profit in Forex in recent years and then the deficulties with LiteForex has been started. I decided to withdraw my profit which amounted to 1500$ at 26.01.2018 but my order was pending (not processed) till 01.02.2018 while according to the agreement this company should do the withdrawal requests within 3 days. 5.1.3. Funds withdrawal is carried out within the period set individually for each payment system, from 1 to 3 working days. It is inserted on the website that Margin Call 100% & Stop Out 20% and margin call is described in the description part the same. Margin Call - a message from a dealing centre to a trader saying that it is necessary to increase funds on marginal account. Any time your margin reach below 100%, the broker warn you to deposit your account or make it zero.
Warning! Liteforex it's a big Scam!
I like that this broker update design of site regularly. It makes site more suitable and simple for use. I hope that their designers will continue this tradition.
I never had problem with LiteForex. They always provided fast responses. If you are active trader during peak hours than perhaps huge spread can be a problem. I have been with this broker for 3 years and i do not have serious problems with my trading during this period
We have also contacted you several times since 6/18 and have been waiting until 7/6 today, and we have responded positively to our withdrawals. But until now, you 've taken a completely unresponsive approach to dealing with it.
This is completely cheat and scam. Please make liteforex as a scam broker as soon as possible to inform all investors. We will also take more actions to make more people know. We will also begin to legally sue the company of liteforex.
Liteforex, the biggest Forex fraud broker in history (scammed amounts up to 677000 dollars) Being induced to swap free accounts and 70% rebate, I opened account in Liteforex. From March, 23, I deposited total 150000 dollars and withdrawn 10000 dollars, there are 677000 dollars in my accounts, including rebates and profits. Forcefully liteforex shut down my client's portal and account. I sent all the profiles they asked? however? they delayed to solve withdrawn.
If you are looking for a forex broker with fast execution ans low spreas, you can try to trade with LiteForex. this broker has proved to me that they have fast execution and withdrawals. If you will not try "arbitrage" trading I really don't think you will have a problem here. They allow to use EA and other methods fro trading
Cheated - never managed to withdraw funds after 10 months of trial through email, online chat, and phone calls. Have documented evidence of mistreatment, but can't go against a fraud funded on Marshall Islands. Avoid depositing any real money if possible
I started my trading with this broker because they offered various additional services through a VIP club on the site. A broker does not differ much from others but they have many additional options which help improve your trading.
I am satisfied with the technical support of the LiteForex broker. I wrote to them for get help by using chat, mail and social networks and I got a quick response via all channels. I will continue to work with this broker. Trading conditions do not differ much from other brokers, but I really like their service.
During several hours I could not connect to my trading account and I could not forget the login data. After long attempts and communication with technical support, I realized that I'm pointing the wrong server when connecting, be careful and pay attention on all of parameters. Good broker gave answers for all questions and they helped me to found my mistake.
Two years ago I registered on the site of the broker LiteForex, after registration I visited this site only a few times and decided not to trade. A few days ago I decided that I should try to start trading again. I was surprised that my registration was preserved and I was kindly introduced to all innovations by their managers via the chat. Now I'm a beginner trader.
I'm not experienced in currency trading enough to trade myself, so I've decided to try LiteForex investment programs. I was lucky to get a good account manager so now I'm receiving not huge but stabe profit without excessive risks.
I participated in the top10 demo contest and on the second attempt I took the 7th place, I'm grateful for this way to test my skills, and to get a reward in case of my success, this is the impetus for me to move on.
I have installed an forex news application from LiteForex on my smartphone, i can say it’s good application with convenient functions, but I want more news announcements, this will be an indispensable tool for news trading
I've been looking for a normal broker for a year and a half, I changed three of them. Now I work with the partner system of Light, the conditions are normal, the profit is not huge, but stable.
I do not like to talk without arguments, but I do not trust Lite's affiliate. I can not find any plus.
An excellent broker with good conditions for trading. Of all that I have seen - this is the most reliable.
A couple of times I had problems with withdrawal of funds through the WebMoney system. I had to wait for 4-5 days. I contacted LiteForex support and I was advised to use Neteller or Skrill, as well as to replenish by bank card. I started using these methods, there were no more problems.
Initially I was skeptical about the partner program. But I tried and there are no special complaints yet.
Would you like to know if LiteForex is trustworthy? Many traders are afraid of opening an account with the 'wrong' company, as they have heard enough about the bucket shops and fraudulent activities in the field of currency trading. However, most of the forex companies are in fact secure, with responsible and honest operational practices; it is just important to choose the FX broker right.
Along with other factors that need to be taken into consideration, the potential client should get acknowledged with reviews of traders already registered with LiteForex. Of course, the reviews can be of different kind, positive as well as negative, as it is unreal to find a broker matching everyone's expectations. But, taking a notice of the ratio between good and bad impressions, you can understand and conclude for yourself, whether this broker is credible.
Our team sees that the traders' reviews published with us are objective, realistic and do not contain any advertisement or subvertisement on LiteForex.
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...
Regulation: Marshall Islands Business Corporation ActLiteForex trading information