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LiteFinance Review and Information 2023

LiteFinance Information and Review LiteFinance
Voting Rating LiteFinance does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Regulation CySEC
Trading software MetaTrader4, MetaTrader5, Sirix
Headquartered Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadine

Since its establishment in 2005, LiteFinance has been a beacon of reliability in the Forex trading landscape, boasting an impeccable reputation. This reverence isn't mere happenstance but stems from a plethora of differentiators that elevate LiteFinance above its contemporaries. Leading-edge technological solutions, highly favorable trading conditions, razor-thin spreads, and a lightning-fast execution speed stand as testimonies to LiteFinance's commitment to excellence.

Unveil the dynamic realm of Forex social trading with LiteFinance. Whether you're keen on mirroring the strategies of seasoned traders or aspire to be a guiding light for others, our automated Social Trading platform is designed to cater to both ends of the spectrum. This intuitive system not only enables you to replicate top-performing trades but also fosters a collaborative ecosystem where traders can exchange insights, enhancing their trading acumen by mimicking profitable strategies.

Through our Social Forex Trading system, you can either harness the wisdom of trading maestros or share your own success narrative. Tailor your involvement to align with your objectives, be it shadowing trades or spearheading innovative trading patterns. Stay synced with the best in the business, and let their moves guide your trading journey. With an unyielding commitment to ensuring seamless user experiences, our multilingual support team is at your beck and call 24/7. No matter your query or your preferred mode of communication, our experts, fluent in various languages, stand ready to assist.

Our sustained success over the years hasn't led to complacency. Instead, it fuels our drive to constantly innovate and broaden our global reach. Testament to our unmatched excellence, over 1.5 million global clients have placed their trust in LiteFinance. The plethora of accolades under our belt - including distinctions like the Best Broker across multiple continents and the rapid growth recognition in Western Europe and Asia - and our inclusion in the esteemed "100 World Finance" list by the UK's premier financial magazine further amplify our industry stature.

LiteFinance's global footprint is continually expanding. Presently, we have established a formidable presence in over 15 countries, with partnerships extending our brand's reach to 216 countries. This expansive network ensures that wherever you are in the world, LiteFinance's top-tier services are within arm's reach.

As part of our commitment to providing unmatched trading opportunities, LiteFinance extends an extensive array of trading instruments under favorable margin trading conditions, which includes:

When it comes to trading platforms, LiteFinance clients have access to the tried-and-true MetaTrader 4, a global favorite, and the revamped MetaTrader 5. If on-the-go trading is your preference, the WebTerminal ensures you can execute trades from anywhere with an internet connection, sans any software installation. Additionally, mobile applications tailored for various devices and operating systems ensure that the world of trading is always at your fingertips.

LiteFinance (Formerly LiteForex): A Leader in ECN Brokerage

Established in 2005 as LiteForex, LiteFinance has been at the forefront of offering its clients unparalleled access to Tier 1 liquidity across a spectrum of markets, including currencies, commodities, and stocks. This broker showcases a vast array of trading options, from major currency pairs and cross rates to commodities like oil and precious metals, blue chips, stock indices, and an extensive portfolio of cryptocurrency pairs.

LiteFinance stands as a beacon of high-tech, trustworthy ECN brokerage with a robust reputation that has been forged over time. The online platform, tailored to cater to global clients, is not only secure and user-friendly but also supports high-speed trading in 15 languages. It offers an array of tools designed for comprehensive price chart analysis. And for enthusiasts of the globally recognized trading platforms, MetaTrader 4 and 5 are both compatible with LiteFinance.

Why LiteFinance is Your Premier Forex Trading Destination

Choosing to trade with LiteFinance translates to a multitude of benefits:

In November 2021, a pivotal moment marked the company's journey as LiteForex underwent a transformation to become LiteFinance. This rebranding signaled the initiation of an ambitious phase focused on curating a vast ecosystem of avant-garde financial and investment solutions.

The LiteFinance Edge

LiteFinance: Pioneers in Making Forex Accessible

Dating back to our inception, we were the trailblazers in offering cent accounts with an unprecedented low deposit threshold of just $1. This revolutionary step democratized Forex, ushering in an era where hundreds of thousands found a gateway into online trading. This paradigm shift not only reshaped the trajectory of Forex market history but also stamped our legacy as innovators. Today, LiteFinance stands tall as an international broker, forming symbiotic relationships with a global clientele. Our offerings, ranging from cent accounts to STP and ECN execution accounts, are known for their transparent and favorable trading conditions. Our portfolio boasts of an extensive range of trading instruments: from CFDs on blue-chip stocks, renowned currency pairs, precious metals, and global stock indices to oil.

2022: A Year of Milestones for LiteFinance

At LiteFinance, the journey of innovation and dedication continues, and 2022 stands testament to our enduring commitment to our clients and the industry at large.

LiteFinance Brokerage: A Forefront Leader in Forex Trading

Why is LiteFinance the Foremost Choice for Over Half a Million Traders?

Established in 2005, LiteFinance has grown from its infancy into a global giant in the Forex market. Its impeccable reputation and dedicated service have made it the broker of choice for numerous traders. The company's competitive edge lies in its myriad of distinct features:

Delving Deeper into LiteFinance's Salient Features:

Diverse Trading Instruments:

Innovative ECN Trading:

LiteFinance’s ECN system provides direct trades to liquidity providers, ensuring transparency and efficiency. This system boasts advantages like:

Cutting-edge Trading Platforms

LiteFinance offers the robust MetaTrader 4 & 5 platforms, allowing traders to operate from anywhere, be it through desktop versions, WebTerminal, or mobile applications. Their "One click trading" feature optimizes trade execution, ensuring efficiency with a simple click.

LiteFinance, with its commitment to excellence and client-centric approach, stands as a beacon in the Forex trading landscape. Whether you're a novice or an expert, trading with LiteFinance ensures a seamless, enriching experience.

Dive into the Realm of Forex Social Trading: Mastering the Art of Copy Trading

Venture into the collaborative arena of Forex trading where professionals converge, share, and learn. Whether you're keen on emulating seasoned traders or you're an expert looking to inspire others, our advanced Social Trading system offers a seamless avenue to bridge this gap.

Why Choose Social Forex Trading?

Unveiling the Power of the Copy Trading System:

In essence, SocialTrading isn't just a platform; it's a transformative experience. Dive in, and let's co-create success in the Forex universe!

Delving into Trading Instruments

Forex Major Currency Pairs: Navigating the World's Largest Financial Market

The contemporary Forex market is the outcome of continual global currency exchanges. One pivotal shift was the adoption of "floating rates" policies in the late 1960s, a stark departure from the prior era where currency rates were pegged, immune to the ebb and flow of supply and demand.

Who powers these massive currency exchanges?

With daily transactions soaring into the trillions, currency rates are perpetually in flux. These shifts, albeit minuscule, present opportunities, especially when leverage, courtesy of brokers, amplifies potential gains.

Forex currency pairs are categorized into:

Hallmarks of Major Forex Pairs:

Commodities: Tapping into Tangible Assets

Commodities offer a tangible alternative to the abstract world of currency trading. These raw materials have prices influenced by global events. For instance, geopolitical tensions in gold-producing regions can spike its price, while a surge in Middle Eastern oil production can depress oil values.

Highlights of Commodity Trading:

Given their tangible nature, commodities serve as a hedge against inflation, safeguarding portfolios during economic downturns and stock market upheavals.

Global Stock Indexes: Gauging Regional Economic Health

Stock indexes are essentially snapshots of specific economic sectors or regions. They bundle together stocks from chosen companies, offering a summarized view of their collective performance. When trading stock indexes, particularly Contracts for Difference (CFDs), it's akin to trading the average performance of these select companies.

For example, the FTSE100 provides insights into the UK's economic health. A decline might suggest economic troubles, prompting traders to adjust their strategies.

Benefits of Trading Stock Indexes:

In essence, whether you're gravitating towards currency pairs, tangible commodities, or regional stock indexes, the trading universe offers myriad instruments to align with your investment strategy and risk appetite. Choose wisely and stay informed.

LiteFinance Trading Information 2023

WWW https://www.litefinance.org/
Address Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadine
Headquarters Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadine
Free phone
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Interest charges on the balance
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
24/5 trading
Accepts US traders
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Fixed/Variable
Pip spread on majors 0.4
Maximum Leverage 1000
STP, $
ECN, $ 400
Standard account, $ 100
Mini account, $ 10
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
Available assets Precious metals, Currencies, Indices, Oil, Stock CFDs, Commodities
Languages English, Spanish, Portuguese, Russian, Indonesian, Vietnamese, Malay, Thai
Platforms MetaTrader4, MetaTrader5, Sirix
Broker type ECN
Regulation CySEC
Foundation 2005
Copy Trading Brokers

LiteFinance Reviews and Comments

In my time trading, I've had the privilege (and sometimes the misfortune) of engaging with various brokers, and sadly, my journey with LiteFinance was less than satisfactory. Among the myriad brokers I've encountered, they rank towards the bottom in terms of transparency and reliability. On more than one occasion, I was taken aback by positions being abruptly closed, often resulting in significant financial losses. Such unexpected actions without prior notification not only impacted my funds but also eroded my trust in them as a broker. Additionally, I've had perplexing instances where funds seemed to vanish from my account. There was an unsettling absence of clarity, and reaching out for explanations often proved fruitless. It's disheartening to think this, but it often felt like there were systemic efforts in place at LiteForex to hinder client profitability. In a domain where trust and credibility are paramount, my experience with LiteForex was riddled with disappointment. I genuinely hope others tread cautiously and perhaps consider more reputable alternatives in the trading space.
  1 Nov 2023  
I am unable to withdraw my money. status is still waiting since so many days. what to do? please help me.

  17 Oct 2023  
I unfortunately stumbled upon an experience with LiteFinance that left a bitter taste in my mouth. Often heralded by many as a reputable broker, my personal journey with them has been anything but commendable. The core of my grievance stems from an incident where, after establishing a series of profitable trades and subsequently requesting a withdrawal, I was shocked to discover that all my gains had been nullified. This unilateral decision, made without any prior communication or justification, felt both arbitrary and underhanded. When I reached out for an explanation, I was met with a vague reference to their policies that apparently grants them the discretion to invalidate trades they deem 'suspicious'. However, what was disconcerting was the lack of transparency; they provided no concrete evidence or specific reasoning behind this action, leaving me in the dark and feeling cheated. While I've heard others champion LiteForex for their purported transparency and integrity, my experience tells a different story. An upstanding broker operates with clear communication and does not arbitrarily nullify successful trades behind the veil of ambiguous policies. Disturbingly, while my profitable trades were removed, those that were not in my favor remained untouched, further casting doubt on their integrity. In light of my experience, I'd advise potential traders to exercise caution and due diligence when considering LiteFinance. The trading world is vast, and there are numerous other brokers that prioritize fairness and transparency above all else.
  3 Oct 2023  
After giving LiteForex a chance for about six months, I came to the realization that it was a decision I'd rather not have made. Throughout my trading with them, I was frequently confounded by inexplicable and significant gaps in the trades. What was even more perplexing was that these gaps weren't associated with moments of significant market movement. Instead, they appeared during periods when the market was relatively stable. Such inconsistencies strongly suggest that there might be issues with how LiteForex processes its quotes or perhaps even some technical glitches within their platform. But the pitfalls of my experience with LiteForex didn’t stop there. On attempting to withdraw my earnings, I was met with a series of discouraging hurdles. Initially, my withdrawal request was inexplicably declined, leading me to undergo a verification process once more. Thinking this might resolve the issue, I dutifully resubmitted all required documents and went through their verification process again. However, the outcome was just as disappointing the second time around. My subsequent withdrawal request seemed to vanish into thin air, with no acknowledgment or feedback from LiteForex. Ultimately, and most alarmingly, they barred me from accessing my own account, all without providing any concrete explanation. In reflecting on this experience, I feel compelled to caution other traders about engaging with LiteFinance. The challenges I encountered - from trading inconsistencies to withdrawal obstacles and account blockages - serve as a stark reminder that not all platforms prioritize their clients' best interests. It's essential to tread carefully and consider alternative brokers who offer transparency, reliability, and genuine customer support.
  27 Sep 2023  
Award-Winning NDD Execution

All client trades are executed with No Dealing Desk* intervention. Most trades are filled in under 10 milliseconds, with up to 2,000 trades executed per second.

I tried to withdraw. Sent email saying I have to pay for tax which I did, the issue could not be solved, kept requesting for more commission, bad treatment.
  23 Jun 2023  
I am a long-time client of this broker, I will say that the broker has pros and cons, and the disadvantages are significant, these are draining hairpins in reversal market situations, when traders catch a market reversal, accounts are heavily loaded with lots in order to earn a lot, it turns out a small margin of safety of the deposit. Here, with artificial hairpins, they demolish such traders who trade on the entire deposit, usually on small accounts. I am no exception, I recently lost two small cent accounts, precisely because of the hairpins done by the broker. I looked at charts of quotes on several sites, no one has such hairpins. It was the first. Second, why is the stop-out triggered immediately instantly for all trading orders, and not triggered gradually, individually for each order, and often below zero, nothing remains on the deposit?
  19 Jun 2023  
Heard a lot of reviews about them. Mostly positive, but in addition, I heard that the withdrawal of funds is delayed, it is no longer so pleasing to hear, and there are quite numerous reviews about withdrawal delays. Although I heard the same thing about ***, and even worse, I successfully traded with them. I haven’t decided on this broker yet, opened an account, talked to support, but after so many failures in trading, I’m now much cooler about all sorts of “profitable offers” and so on.
  4 May 2023  
The ID that I submitted were always rejected. So I message Live Chat and he told me to send him my ID, Next he says it couldn't be process since I have two accounts and advise me to send them an email and mention them my personal information to merge the account. I did. Then they said I need to use another ID do I send my UMID id and live chat didn't respond so I left a message saying "Is this still not enough", I give up then, Thank you. Next I would know was my account if fully verifed. Planning to fund my account but after reading these comments I changed my mind.
  2 Aug 2022  
I deposited money into the liteforex pro on the proviso it was an automated service. Next I am being called by a stock broker who is saying that he wants to make it my business and that it was not automated. I decided to take my money out then, and only on contacting the bank for a swift code for the terms and conditions to say that you have to have your name on the withdrawal otherwise they will not pay you the amount. To get a swift code from my bank they have only given their details and when they get the money back will deliver it into my account. This seems like a real scam. They also said that on reviewing the withdrawal request, that I had to print out the details and sign with the print review button which is totally not even present on the webpage, so that looks fishy too. Is that another way they can keep your money and say that you didn't do the right process. I had better get my withdrawal back, or this will not be the last time you hear from me!
  1 Aug 2022  
A big scam broker and need to be avoided at all costs. this broker have ecn accounts, but their ecn is not real their chart is differnet from traiding view. lots of manipulations and big slipages. on 23/06/2022 I opened a trade by this ticket #5060624970. I was short on nzd/jpy at price rate 84.725. at 22:00 +4:30GMT they close my trade at 86.487. the rate that is 200 pip higher from the real chart. I contacted them and they told me they will check it out. and after two days they didnt answer and I contact them again and they told me its because of volatility. my trade account is MT5-ECN-5562136
  5 Jul 2022  
How can global broker shut down its services for about 10 days now? No matter how big the problem, it should have been resolved by now considering the stakes of people involved . Something is fishy. I hope all gets fine soon.
  10 Jan 2022  
LiteForex is a scam, please be careful. Also had no access to my account for days, eventually when I did my account was blown.
  9 Jan 2022  
Very bad broker. Their servers froze for 3-4 days. They told me that they would close orders in my favor, so I waited and waited. I couldn't do anything for a week and see my profits turned into loss. And the result: they told me they couldn't compensate my loss profit, only the loss incurred. And they still charged overnight fees for those orders that should have brought me a lot of profit. I'm very angry and frustrated with Lite Forex. This is not a trustworthy broker that you should give your money on. Very bad service. Do not give them your money.
  8 Jan 2022  
This people are heartless. Liteforex is never a good broker. Avoid it before it will be late.
  7 Jan 2022  
XM - Industry Leading Global Investment Firm - Big. Fair. Human.

Servicing more than 3.5 Mill clients from more than 190 countries in more than 30 languages. Over 2.5 Billion trades executed with no requotes or rejections. Access to 1000+ instruments from 6 asset classes, 16 full feature trading platforms, 4 trading account types, 25+ secure payment methods and 24/5 personal customer service.

Litefinance website and MT4 services are not accessible since 18 hours now. Anyone knows what's happening?
  5 Jan 2022  
All LiteFinance Reviews

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