![LiteFinance LiteFinance](https://litefxblog.com/brokers/1702850780484/original/litefinance.png)
LiteFinance Review
- LiteForex is an established and experienced broker with 15 years in the brokerage business.
- LiteForex is represented in 216 countries
- High Interest on Unused Deposit
- Payment system fee reimbursements
- Social trading - a platform for copying trades
- Automatically withdrawal of funds
- Several country offices are available to allow for a more localized reach.
- Multiple payment options, which includes 6 cryptocurrencies.
- Platforms: MetaTrader 4, MetaTrader 5
Point Summary
Headquarters | 124 Gladstonos Street, The Hawk Building, 4th Floor, Limassol, Cyprus |
Found in | 2005 |
Regulation | CySEC |
Platforms | MT4, MT5 |
Instruments | Currency, Metals, Oil, Global stock indexes, CFD NYSE, CFD NASDAS, Cryptocurrency |
Costs | The commission and fees are also not the lowest in the brokerage industry. |
Demo Account | Available |
Minimum deposit | $50 |
Max Leverage | 1: 500 |
Commission on Trades | Yes |
Deposit, Withdrawal options | Bank transfers, credit cards VISA, MasterCard, QIWI, Skrill, Webmoney, Neteller, The Yandex.Dengi, Perfect Money, Bitcoin, etc. |
Education | Material for beginners and experts |
Customer Support | 24/5 (Callback, Email, Forum, Live chat, Phone) |
Introduction
LiteFinance is owned and operated by LiteFinance Investments Ltd. and is registered in the Marshall Islands (registration number 63888) and regulated in accordance with Marshall Islands Business Corporation Act. The Company’s address: Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.
LiteFinance is a high-tech reliable ECN broker with a strong reputation. Clients can exploit a safe user-friendly online platform for high-speed trading available in 15 global languages and providing access to a great deal of in-built tools for price chart analysis. The fans of the most popular trading platform MetaTrader 4/5 can use it as well.
The online ECN broker LiteFinance has been providing its clients access to Tier 1 liquidity in the currency, commodity, and stock market All major currency pairs and cross rates, oil, precious metals, stock indexes, blue chips, and the largest set of cryptocurrency pairs can be traded at LiteFinance.
The company’s reputation is confirmed by a huge number of clients around the world (More than half million traders choose LiteFinance as their Forex provider). Trading with LiteFinance means: high-performance platform, market execution with no requotes, professional assistance and access to exclusive analytical materials and signals.
The brokerage cares deeply about their clients and makes it easy for every type of trader to get started with them. Therefore, should you choose LiteFinance as your primary forex trading brokerage? Find out in the following review where we analyze all aspects of this lucrative trading broker and discover if LiteFinance is the right online trading brokerage for you.
Is LiteFinance safe or a scam?
LiteFinance is one of the most successful and dynamically developing companies. The broker has been working all over the world for nearly 15 years
LiteFinance Investments Ltd is registered in Marshall Islands with the registration number 63888. It is also regulated in the Marshall Islands. The global brand (www.LiteFinance.com) is controlled from this office.
LiteFinance (Europe) Ltd is a Cyprus Investment Firm registered in Cyprus with the registration number HE230122. The office is in Limassol, Cyprus. It is regulated by the Cyprus Securities and Exchange Commission (CySEC). The license number is 093/08. The European brokerage arm (www.LiteFinance.eu) is operated from this Cypriot office.
Any payments funded to Lite Forex Investments accounts by traders are held in a segregated bank account. It cannot be spent by the broker for any reason. This is done so that if anything happens to the broker, the investors’ funds will still be available for refunds.
For added security Lite Forex Investments use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
LiteFinance EU is a member of the Investor’s Compensation Fund (ICF). The ICF will pay retail investors compensation if LiteFinance becomes insolvent.
LiteFinance has secured its entire trading environment with a Secured Socket Layer (SSL) issued by Comodo, a reputable cybersecurity firm. This ensures that all data is encrypted during transmission over the internet.
LiteFinance has also achieved many awards as below:
Accounts
The trading conditions at LiteFinance are very favourable for traders as they benefit from tight spreads and zero commission trading. All trades are executed instantly via market execution because LiteFinance is an ECN broker.
Traders have the ability to trade on margin of up to 1:500, can trade minimum lots of 0.01 and maximum lots of 100. The margin call level is 100% and stop out level is 20%.
They has developed two range of trading accounts .Choose the account type that will comply with your trading preferences and open forex account that will meet your needs.
To make it easier for your choice, here is the comparison between two of them:
ECN | CLASSIC | ||
---|---|---|---|
Spread | floating, from 0.0 points | floating, from 1.8 points | |
Commission | From 5$ per lot1 | no | |
Execution type | MARKET EXECUTION | MARKET EXECUTION | |
Platform | MT4/MT5 | MT4/MT5 | |
Leverage | 1:500 - 1:1 | 1:500 - 1:1 | |
Account base currency | USD, EUR, CHF, RUB, MBT | USD, EUR, CHF, RUB, MBT | |
Minimum deposit | $50 | $50 | |
Rate, % per year2 | 2.5% | 0% | |
Islamic accounts | Yes | Yes | |
Social trading | Available | Available | |
Contract Size, $ | 100000 | 100000 | |
Minimum lot | 0.01 | 0.01 | |
Maximum number of orders | Unlimited | Unlimited | |
Margin Call Level | 100 | 100 | |
Stop Out Level | 20 | 2 |
ECN Account
Forex ECN trading account is for professional experienced traders as well as investors and traders who wish to use the Social Trading service. This type of account offers the highest annual percent accrued on unused funds, and access to deep liquidity with low floating spreads. The trading account is created on the basis of modern ECN technology that provides access to the best prices on the market, stable and guaranteed fast execution with no re-quotes and no conflict of interest.
Some benefits when using this account
- Increased quoting precision
- Market execution of orders with no requotes
- No Stop Limit levels
- Scalping and news trading allowed
- Unlimited duration of transactions
- Trades are delivered directly to liquidity providers
- No conflict of interests
- Social Trading platform is available
- 2.5% per annum in your account
- Leverage 1:500
Classic Account
This forex account with a floating spread has been designed for traders who have extensive experience in trade and formed views on the market. It is ideal for those who adhere to a proven strategy in their trading using five-digit quotes and leverage up to 1:500, giving access to large volume transactions.
Some benefits when using this account:
- Increased quoting precision
- Market execution and no requotes
- No Stop Limit levels
- Leverage 1:500
- Wide range of trading platforms mt4/m5
- Deposit bonus 30%
Some additional benefits unique to LiteFinance is negative balance protection for ECN Trader accounts and a social trading environment on all accounts. All in all, traders should be satisfied with the trading conditions set by LiteFinance.
Demo account
The Forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into Forex trading with a live account, it’s best to open a risk-free Forex demo account. The LiteFinance Demo Account provides the same Forex trading experience as real accounts. The only difference is that the funds on the Forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Pacticing with unlimited demo dollars helps you better understand how to execute trades, your risk exposure, boost your trading skills, refine on your trading strategies or test Experts-Advisers under real market conditions.
Demo accounts can be opened via Personal Profile in less than 1 minute
Islamic account
this account doesn’t charge fees for carrying over open positions to the next day. This type of account is intended for those clients who are not allowed to conduct monetary operations involving interest payments owing to their religious beliefs. Another widely-spread name of this type of account is "swap-free account".
Is it allowed to open an Islamic account?
Yes, our company provides this service. Please click on your name in the upper line and then choose the "Settings" option. Find the line "Islamic account application" and click "Fill in". Please, download and print out the application form, read it carefully, fill in all the relevant fields and sign it. Then, upload an electronic copy of the signed application in the same window.
Please note, that your application does not guarantee that your account will be transferred to the Islamic Account category. The company provides access to the service at its own discretion.
How to open a new account at LiteFinance?
To open a new account, click on “Registration” found on the top right hand corner of every webpage on the website LiteFinance.com. Then the one-page form below displays.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-3.png)
Fill the form and click “Register.” Immediately the account is opened and you are logged into the online Social trading platform. You can also register using facebook or Google account. If you filled a phone number, you will only verify the number with a code sent to the phone after which the account is automatically opened.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-4.png)
How to open a demo account?
Click on your name in the Client Profile in the upper line and make sure the demo trading mode is enabled. Then access the "Metatrader" section. Click the "Open account" button and select account parameters from the drop-down lists.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-5.png)
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And thats practically it, you can immediately access the trading platform and start to trade with demo account.
Note: LiteFinance does not accept traders USA, Israel and Japan.
How to Open a trade at LiteFinance
To open a trade, simply select the instrument you wish to trade, via the Trade page or via the Search bar, click instrument and enter the amount you wish to invest, and then click Sell/Buy.
Products
LiteFinance provides access to trade up to 55+ currency pairs which represents the major, minor and exotic pairs. Other trading instruments available are: 4 metals, 2 oil commodities, 11 indices, 23 crypto assets and about 45+ stocks traded on US exchanges. The overall selection is suitable for new retail traders but inadequate for more advanced ones.
- Currency : Trade on currency pairs such as EURUSD, USDJPY, GBPUSD, AUDUSD, NZDUSD, and others
- Metals : such as XAUUSD, XPDUSD, XAGUSD, XPTUSD
- Oil : The broker offers trading in US Crude and UK Brent such as USCRUDE, UKBRENT, UKBRENT_N, USCRUDE_N
- Indices : LiteFinance offers trading on leading European, American, Asia, and Australian stock indices such as SPX, NQ, FTSE, YM, CAC, FDAX and others
- CFD NYSE : Trade shares of major American companies such as Boeing Company, American Express Company, Caterpillar Inc, Alcoa and others
- CFD Nasdaq : Trade shares of major global companies such as Intel Corporation, Hewlett-Packard, Facebook Inc and others.
- Cryptocurrency : Trade on cryptocurrency pairs such as BTC/USD, LTC/USD, DSH/BTC, EOS/USD, ETH/BTC, XMR/BTC, ZEC/BTC and others.
LiteFinance continuously expands its tradeable assets and is expected to continue to offer its clients broader access to financial instruments.
Trading Platforms
LiteFinance offers traders the selection between two of the most popular and loved trading platforms in the world, the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Both platforms are highly sophisticated and accommodate the needs of both beginner and experienced traders.
Key differences between MT4 and MT5
Features | Description | MT5 | MT4 |
---|---|---|---|
Order Execution Types | Number of supported types of order execution. | 4 | 3 |
Partial Order Filling Policies | Partial edit option where a trade that is now available with maximum volume is executed, not exceeding the volume requested in the order, and unfilled volume is cancelled. | ![]() |
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Order Fill Policy | Additional order execution conditions | Fill or Kill Immediate or Cancel Return |
Fill or Kill |
Pending Order Types | Types of pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future. | 6 | 4 |
Netting | Having one open position of a financial instrument only. | ![]() |
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Hedging | Having multiple positions of a financial instrument, both in the same and opposite direction | ![]() |
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Market Depth | Bids and offers for a financial security at different prices depending on the volume | ![]() |
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Technical Indicators | Technical indicators are used to automatically detect patterns in the financial instrument price dynamics | 38 | 30 |
Graphical Objects | Analysis tools that help to identify financial instrument price trends, to detect cycles and support / resistance levels, to build channels and more | 44 | 31 |
Timeframes | Group quotes of financial instrument in time intervals. | 21 | 9 |
Economic Calendar | A fundamental analysis tool which features macroeconomic news from numerous countries that can affect financial instrument prices | ![]() |
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Email System | Built-in email service, where you can receive notifications from Alpari International straight to your platform. | Yes (with attachments) |
Yes (without attachments) |
Strategy Tester | EA tester and optimization modes. | Multi-threaded + Multi-currency + Real ticks |
Single thread |
Embedded MQL5.community chat | Chat with other traders directly from the platform | ![]() |
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Web and Desktop plarform
MetaTrader 4 is a popular Forex trading and analysis platform, which allows trading currencies, shares, precious metals and CFD on stock indices. It has a variety of tools for trading and analysis. In this section, LiteFinance provides the downloadable desktop version and its mobile applications for PDA, iPhone, iPad and Android. It is not avaliable on Web platform
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-22.png)
MetaTrader 5 is a new version of the popular forex trading platform that possesses increased functionality and an enlarged set of tools. It comes with all the features of the MT4 but in improved and expanded forms. LiteFinance provides the downloadable desktop and and its mobile applications iPhone, iPad and Android version. It is not avaliable on Web platform
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-23.png)
After installation, you are prompted to choose the broker server for connection.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-24.png)
Select the appropriate server, login with the login details and trading can commence.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-25.png)
Here are some of the features:
- Both platforms have the same simple and user friendly interface with customizable windows. Real time quotes are shown on the market watch and on the charts.
- The MT4 and the MT5 platforms support the use of Expert Advisors to automate forex trading.
- The platforms give access to the MQL5 market where traders can buy or sell trading tools like EAs, forex signals, Indicators, etc.
- The MT4/MT5 has advanced order management and risk management features.
- Pending Order
- The MT5 has the economic calendar inbuilt into the platform.
- Charts and Timeframes
The MetaTrader platforms feature fully customizable user interfaces as well as watch lists, market news integrations, advanced order windows, a sophisticated charting package and more. Traders benefit from lightning fast execution on their trades and can trade directly from the charts with one click trading. Also, traders can participate in auto trading with the use of Expert Advisors (EAs), which use algorithmic trading to trade for you. Another cool feature is the ability to follow and copy other successful traders trades with the social trading and copy trading features.
Mobile Trading
LiteFinance supports mobile trading by providing their clients with an entire suite of proprietary mobile trading applications. All applications and their contents are supported in more than 8 languages and are constantly updated that can be downloaded for free from the Apple App Store and the Google Play Store.The applications are compatible with both smart phones and tablets and operate very well.
Mobile Forex applications from LiteFinance are a useful additional tool for Forex trading. You can set up filters and get up-to-date information only for currency pairs or other trading instruments you are interested in.
It contains analytical support for a variety of currency pairs, oil, and precious metals. Among them are such instruments as EUR/USD, GBP/USD, AUD/USD, USD/JPY, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, EUR/JPY, GBP/JPY, AUD/JPY, USD/TRY, EUR/TRY, GBP/TRY, gold, silver, WTI, Brent, CFD, and others.
Install mobile apps from LiteFinance and enjoy up-to-date analytical reviews around-the-clock, signals and a variety of strategies for trading.
Here is a summary of the features of the MT4/MT5 mobile apps:
- The apps are user friendly and easy to use.
- Can be used to monitor the markets with live quotes, market news, etc
- Sound notifications and alerts.
- Inbuilt charts and indicators for technical analysis.
- Full order management, order placement and history.
- Account management options.
Commissions and Spreads
Commission On ECN trading accounts, will be charge from $5 per lot such as Forex Major - 10$ per lot, Forex Crosses - 20$ per lot, Forex Minor - 30$ per lot, Metals - 20$ per lot, Oil - 0.5$ per lot, CFD on shares - 25 cents per share, Stock indices - 0.5$ per contract, Crypto - 10$ per lot. No commission with Classic account
Spreads are specific to the account and asset being traded. The spreads are very competitive with the industry standards, although major currency pair spreads can be around 2 pips, which is relatively high. On major indices such as the FTSE 100, spreads begin at 1 point.
Deposits Withdrawals
LiteFinance provides their traders with a variety of deposit and withdrawal methods for convenient Forex trading. All of the same methods used to deposit funds can be used to withdraw funds.
Deposits are free of charge and The minimum deposit amount varies from $10 for most payment methods to $100 for some Bank Wire Transfers.
Credit/Debit Card
LiteFinance offers the opportunity to deposit in your trading account by credit or debit card Visa/Mastercard directly via the processing center CardPay. To deposit in your card, you dont need to create an account in the system CardPay, you just need to specify your card details at one of the steps.
Deposit: The minimum amount is $10 and no deposit fees, card deposits are instantly processed.
Withdrawal: the minimum amount is $1.01 and a withdrawal fee of 3.5% is charged.
Bank Wire
Bank Wire transfer is a cost-effective way to transfer a large amount of funds from any country in the world. To transfer funds using the wire transfer method, you need to submit their online wire transfer form and get instruction how to fill out a wire transfer form that you can obtain from your bank. When They receive the funds wire-transferred from your bank They will credit your account.
Deposit: The minimum amount is $100 and no deposit fees.
Withdrawal: It takes 3-7 days for the complete processing of bank wire transfers.
Local Bank
A local deposit/withdrawal represents the possibility to deposit/withdraw money through LiteFinances representative in your region. Local transfers and Cash deposits into the local bank are accepted. Withdrawals are also transferred to the clients’ local bank account. There are no extra charges and all transactions are done in the local currency. Min amount is $1.
Electronic Transfer
The accepted payments are Skrill, Neteller, Perfect Money, Qiwi, Boleto Bancario, Skrill 1-Tap, The Yandex.Dengi, WebMoney, AdvCash, AliPay, M-Pesa Kenya, M-Pesa Tanzania, Africa Mobile Money. Most of them with no deposit commission and the minimum transaction amount is $10, The withdrawal commission depends on the ePayment provider chosen such as Perfect Money; 1.99%, Skrill; 1%, Neteller; 2%, Qiwi; 4% + 1RUB, WebMoney; 5%.
Cryptocurrencies
You can deposit and withdraw funds from your trading accounts with Bitcoin, Ethreum, Bitcoin Cash, Bitcoin Gold, Litecoin, Monero.
Deposit: no deposit commissions and the minimum deposit is $10
withdrawal: the commissions are as follows: Bitcoin; 0.5%, Ethereum; 0.9%, Bitcoin Cash and Bitcoin Gold; 0.9%, Litecoin; 0.9%, Monero; 0.9%. The minimum withdrawal amount is $1 except for Bitcoin which is 0.00051000 BTC.
How can I withdraw money from the trading account?
You can withdraw money from the trading account via your Client Profile in the "Finance" section, using the same payment systems that have been used to top up the account. Please take note of the Company’s AML Policy (the funds can be transferred to the same purse and in the same currency which has been used for making a deposit), and the level of verification required for different types of withdrawals.
Withdrawal requests processing
Withdrawal requests are processed manually by the Financial Department during its working hours. According to the Client Agreement, the transfer is performed on a first-come-first-served basis within 1 working day from the date of request. Kindly pay attention to the fact that if you use bank wire transfer, it can take up to 5 working days to process your transaction, depending on operation speed of the sender’s and beneficiary’s banks.
Trading Feature
LiteFinance Social Trading Platform
Social Trading is LiteFinance’s automated copy trading system, which allows clients to copy top trades, share information, interact with other traders, and trade independently. When you select a expert traders, you have the option to filter them based on portfolio, trading history, profits, etc.
Take advantage of successful traders experience or share your own success with others through Social Forex Trading system. Depending on your goals, choose the role that really suits you and achieve your objectives!
Automatic money withdrawals from Forex trading accounts
This type of service ensures that some withdrawals are handled automatically, enabling to reduce the queue-list of withdrawal requests. You are entitled to carry out two instant withdrawals per day provided that the amount of these operations will not exceed 100$ and your Profile’s status is Confirmed. If status of your Profile is Basic, then you will be able to carry out one instant withdrawal per day and the amount of your withdrawal shall not exceed 50$. while traders from Kenya and Tanzania may withdraw up to $2,000 per day
The countdown starts from the moment of writing off the funds from the trading account balance as a result of the last automatic withdrawal.
The automatic withdrawal service is provided when using the following payment systems: Skrill, Perfect Money, Neteller.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-34.png)
A VPS service
The VPS from LiteFinance is based on the virtualization technique named Microsoft Hyper-V that uses a 64-bit hypervisor isolated from the main OS. This technique guarantees that all the resources stated in the price plan will be available for the clients anytime regardless of the company server workload.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-35.png)
Promotion Bonus
Multiple Forex bonuses and promotions are a perfect chance for LiteFinance’s clients to increase their deposits and get extra money for trading. A variety of bonus programs lets you choose the best option and trade Forex with pleasure. Participate in the company’s promotions and bonuses and enlarge your trading horizons!
Promotion
1) Forex deposit bonus up to 100%
Contest
LiteFinance introduce you to a wide range of versatile and captivating Forex contests. To take part in them, one doesnt need to be a trading pro, as we have developed interesting contests with real money prizes for both professional and beginner clients. Both contest demo accounts and real live accounts can compete for the prizes. Taking one of the prize places in a contest for Forex traders, you can be certain to win a money prize that can be used in further trades or withdrawn from the account in any way you like.
You can choose from 3 categories of contests tailored to different groups of traders.
LiteFinance Dream Draw
LiteFinance raffles a dream house, a brand new SUV car, and 18 super gadgets with Prize fund: $350,000
How to win?
- Open an account with LiteFinance or use your current one
- Get a lucky participant number automatically for each deposit of 500 USD or more
- Trade at least 10 lots after deposit
- Check if your participant number wins on the raffle days
- Travel to Dubai and claim your prize at a gala dinner with LiteFinance
"Show your worth" contest
How to Win
The prize-winners of the contest are determined by LiteFinance’s expert jury (hereinafter "jury") based on the popularity index. This is the main criterion. The popularity index (I) is computed using the following formula: I = V*0.01 + K*0.5 + L*0.5, where V is the number of views, K is the number of comments under the video, L is the number of likes. This formula is applied solely to a video that participates in the contest. Views, comments, and likes concerning other videos are not considered. A comment should be based on the content of the video. If the number of comments left by a user exceeds or equals 2, 1 comment of this user will be considered.
BEST OF THE BEST forex demo contest
Trade profitably on a contest forex account by use of currency pairs and any other available trading tools at LiteFinance. Trade actively and show the best profitability result among all forex demo contest participants.
How to win:
Five participants whose trading will be the most profitable and risk factor - the least, with money management observed, will be announced as winners of the forex demo contest.
Trading with LiteFinance is ever convenient and profitable cooperation!
Customer Support
The customer support provided by LiteFinance is truly phenomenal. It’s evident that the brokerage takes the success of their clients very seriously as they do everything in their power to help their traders succeed.
LiteFinance maintains a multi-lingual support team. The customer support team works from 9am to 9pm, Monday to Friday while the technical support team works 24/5, Monday to Friday. The following support channels are available:
- Live Chat: Chat assistants are fast and ready to help.
- “Feedback” Form is on the “Contact Us” page of the website. Fill the form and the support team will reply via phone or email.
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-40.png)
- Email:[email protected]; [email protected].
- For the LiteFinance EU: [email protected].
- There are other emails for specific countries: India; [email protected], Philippines: [email protected], Nigeria: [email protected], [email protected].
- Phone Number: UK; 88007072963, Philippines: +63 956 157 3247, Nicaragua: +50522268544, Nigeria: 08101962515, Vietnam: 02873019986, Indonesia: +628889421400,
We tested the Lite Forex live chat and it works well. We sent messages to Lite Forex Investments livechat through their website and recieved a response within 5 minutes.
Beside that, the FAQ section answers the most common questions
Therefore, traders will always be able to get in touch with a representative easily and quickly. Also, traders can interact with representatives via the brokerages various social media channels including; Facebook, Twitter, Google+, Instagram, LinkedIn, Pinterest, Telegram, and YouTube.
Research Education
Education
LiteFinance caters to beginner traders by providing them with extensive educational material in their comprehensive education centre to help them become better traders., the following as below
LiteFinance has a library of books recommended for the trader to read. There are over 100 books. Some of them are ‘Get Smart, Popular Economics, Attacking currency trend, etc.There is a comprehensive Forex trading tutorial aimed at beginner traders., several basic articles on Forex trading, and trading indicators.A glossary defining the meaning of about 220 forex trading related terms is provided.
LiteFinance’s webinars are online seminars on the theory and practice of the Forex market provided by an active professional trader with over 5 years’ trading experience
Research
In addition to the educational resources, traders also have access to an economic calendar, analytics, various financial calculators, economic news, and currency rates.
An Economic Calendar: forecasts on Forex and world news, delieverd daily and weekly
LiteFinance Analytics: The latest reviews and forecasts for all market instruments and economic news. The materials are developed by professional analysts and are not of a direct recommendatory nature.
Analytical Materials from Claws Horns: Experienced experts of ClawsHorns have mastered the art of analysis like no other. All kinds of analysis, latest forecasts, unique reviews, expert opinions and a lot of other analytical materials essential for the success of traders are available for free for LiteFinance clients .
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-43.png)
![LiteFinance Review LiteFinance Review](https://litefxblog.com/photos/litefinance/litefinance-review-1702936810-44.png)
All in all, traders at LiteFinance are given everything they need to succeed.
Conclusion
After conducting in-depth research on the LiteFinance online trading brokerage, it’s evident that the broker is highly competent and very reliable.
and it is a regulated brand. Clients’ funds are held in segregated bank accounts.
The brokerage has been awarded various awards by multiple online financial publications for their level of trading services and customer care and support. LiteFinance features a live demo account for traders to practice on and awards new traders with a bonus up to 100% for depositing funds.
The brokerage provides an excellent selection of online trading platforms to choose from and that gives its clients access to trade Forex and CFDs online.LiteFinance offers a variety of favorable trading fees based off the trading account the trader chooses.
LiteFinance caters to the requirements of beginners as well as advanced users, offers an excellent social trading platform on which you can copy the trades of successful traders, and use a wide range of forex trading tools.
If you are unsure about forex trading, we suggest that you open a demo account and spend some time getting trained for live trading.
However, LiteFinance could improve its limited list of tradeable assets in order to remain competitive with other online brokers. The commission and fees are also not the lowest in the brokerage industry.
All in all, if you’re looking for a reliable online trading brokerage to trade forex and other financial assets, LiteFinance could be the broker for you.
Yet, we would be glad to know your personal opinion about LiteFinance, you may share your experience in the comment area below, or ask us for some additional information if required.