https://www.liteforex.eu/
Website
Benchmark
B
Average transaction speed (ms)
MT4/5
Full License
LiteForexEU-Live
Influence
A
Influence index NO.1
Speed:B
Slippage:C
Cost:AA
Disconnected:AAA
Rollover:B
MT4/5 Identification
Full License
Influence
A
Influence index NO.1
Licensed Institution:Liteforex (Europe) Ltd
License No.:093/08
Single Core
1G
40G
1M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Most visited countries/areas
litefinance.vn
Server Location
United States
Website Domain Name
litefinance.vn
Server IP
172.67.222.140
litefinance.org
Server Location
Russia
Website Domain Name
litefinance.org
Server IP
178.248.238.87
liteforex.br.com
Server Location
Netherlands
Website Domain Name
liteforex.br.com
Server IP
78.140.179.155
General Information & Regulation
Liteforex is the trading name Liteforex (Europe) Limited which registered with address: 1 Vasileos Georgiou A Street, Monastiraki Center, Office 1, Potamos Germasogeias, 4040, Limassol, Cyprus, launched in 2005. Liteforex (Europe) Limited, is registered as a Cyprus Investment Firm (CIF) with the registration number HE230122 and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 093/08 in accordance with Markets in Financial Instruments Directive (MiFID).
Market Instruments
Investors can trade all popular currency pairs and cross rates, precious metals, crude oil, stock indices, stock CFDs, and cryptocurrencies through Liteforex broker.
Liteforex Minimum Deposit
There are two acocunt types are listed on Liteforex platform: the Classic Accounts and the ECN accounts. The Classic account requires a minimum deposit of $50 and a 30% tradable bonus on deposits, and the ECN account requires the same initial deposit amount but with a 2.5% annual account interest. Additionally, a demo account is alos available.
Liteforex Leverage
Trading leverage depends on various instruments. The maximum leverage for major currency pair is up 1:30, up to 1:20 for minor currency pairs and major indices, 1:20 for XAUUSD, 1:10 for XAGUSD, 1:10 for USCrude and UKBrent.
Spreads & Commissions
Liteforex calculates trading costs all into spreads. The minimum spread for the classic account is 2.2 pips for EURUSD, 2.3 pips for GBPUSD, 6.4 pips for XAUUSD, 6.2 pips for XGUUSD, 0.9 pips for USOil, 0.9 pips for UKOil, 10.6 pips for S&P500, 4.1 pips for Stocks, and 1.0 pips for Bitcoin. The minimum spread for BitUSD is 1316.0 pips. The minimum spread for ECN accounts is 0.1 pips for EURUSD, 0.3 pips for GBPUSD, 1.5 pips for XAUUSD, 1.0 pips for XGUUSD, 0.3 pips for USOil, 0.3 pips for UKOil, 0.6 pips for S&P 500, with its commission of US$5. The spread for BitUSD is 1316.0 pips, and the minimum spread for stocks is 0.1 pips.
Trading Platform
Liteforex offers traders the market-leading and popular MT4 and MT5 trading platforms, as well as MT4 Windows PC, MT4 Mac PC, MT4 Multi-Terminal Edition, MT4 iOS/iPad, MT4 Android, MT5 Windows PC, MT5 Mac PC, MT5 iOS/iPad/iPad, and MT5 Android, for users to make flexible choices.
Deposit & Withdrawal
Traders can deposit and withdraw funds via VISA & MASTERCARD credit cards, bank wire transfers, local deposits, Skrill, Neteller, Perfect Money, WebMoney, Alipay, and Bitcoin cryptocurrencies with a minimum deposit of $10. Liteforex will provide users with a certain amount of bonus, for the refund of fees incurred by the payment.
Customer Support
Customer service can be accessed 24/5 via live chat, and e-mail and phone support 12/5. LiteForex maintains a multi-lingual support team, while the FAQ section answers the most common questions. Traders are unlikely to require any assistance, as this broker explains most aspects well. In case of unforeseen events, it remains easy to receive help
LiteForex Review Summary | |
Founded | 2004 |
Registered Country | Cyprus |
Regulated | CYSEC |
Trading Instruments | Currency, commodities, global stock indices |
Demo Account | ✅ |
Leverage | Up to 1:30 |
EUR/USD Spread | Floating around 0.6 pips |
Trading Platform | MT4, MT5 |
Copy Trading | ✅ |
Min Account Deposit | $50 |
Customer Support | Working hours: 9 a.m. - 9 p.m.(GMT +2) (Monday to Friday) |
Live chat | |
Phone: +357-25-750-555 | |
Email: support@liteforex.eu | |
Address: Liteforex (Europe) Ltd, 30 Spyrou Kyprianou, 1st Floor, Germasogeia, 4040, Limassol, Cyprus |
LiteForex is a Cyprus-registered company that provides online trading services for forex, commodities, and global stock indices markets. It is regulated by the Cyprus Securities and Exchange Commission (CYSEC) and offers two types of live accounts: ECN and Classic. LiteForex also provides demo accounts and rich educational resources for beginners. The company allows clients to deposit and withdraw funds via popular electronic transfers, bank cards, and bank wire transfers with a minimum amount of 1 USD and no extra fees.
Pros | Cons |
Many years' experience in the industry | Limited leverage ratios |
Regulated by CySEC | No 24/7 customer support |
Member of the Investor Compensation Fund | |
Various trading instruments | |
Demo accounts available | |
Tight EUR/USD spread | |
MT4 and MT5 supported | |
Copy trading offered | |
Low minimum deposit | |
Popular payment options | |
No deposit/withdrawal fees | |
Rich educational resources for beginners | |
Multiple contact channels |
Yes. LiteForex is regulated by Cyprus Securities and Exchange Commission (CySEC).
Regulatory Agency | Cyprus Securities and Exchange Commission (CySEC) |
Current Status | Regulated |
Regulated by | Cyprus |
Licensed Institution | Liteforex (Europe) Ltd |
Licensed Type | Straight Through Processing (STP) |
Licensed Number | 093/08 |
Besides, the broker says that it is a member of the Investor Compensation Fund, which enables them to guarantee that all of their client funds are insured (up to 20,000 EUR).
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stock Indices | ✔ |
Cryptocurrency | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
LiteForex offers a demo account for beginners to practice trading without risking real money.
For live accounts, the company provides two options: ECN and Classic.
Account Type | Minimum Deposit | Account Base Currency |
ECN | $50 | USD, EUR, GBP, PLN |
Classic | $50 | USD, EUR, GBP, PLN |
LiteForex offers a maximum leverage of 1:30, which is a commonly seen level in the forex industry. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Account Type | Spread | Commission |
ECN | Floating from 0.0 points | ✔ |
Classic | Floating from 2.0 points | ❌ |
Currency Pair | Spread (Floating) |
EUR/USD | 0.6 pips |
GBP/USD | 1.0 pips |
AUD/USD | 1.0 pips |
USD/JPY | 1.0 pips |
EUR/JPY | 0.2 pips |
LiteForex offers both MT4 and MT5 trading platforms, which are widely recognized and trusted by traders in the industry. You can download Apps for Android and iOS.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows PC, MacOS, iPhone/iPad, Androi | Beginners |
MT5 | ✔ | Windows PC, MacOS | Experienced traders |
Payment Options | Min Deposit | Commission/Fee | Deposit Time | Withdrawal Time |
Visa/MasterCard | $10 | ❌ | Instant | 3-5 days |
Bank wire transfers | $10 | ❌ | 2-5 days | 2-5 days |
Neteller/Skrill | $1 | ❌ | Instant | Instant |
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
Country/Region
ID BAPPEBTI
Disclosure time
2022-09-20
Disclose broker
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country/Region
ID BAPPEBTI
Disclosure time
2022-02-02
Disclose broker
INVESTOR ALERT LIST
Country/Region
MY SCM
Disclosure time
2022-01-01
Disclose broker
News LiteForex Celebrates Its 20th Anniversary with a $1,000,000 Challenge
The brokerage firm LiteForex has launched a trading contest with a massive prize pool exceeding $1,000,000. Running from January 1 to December 31, 2025.
2025-01-14 15:17
News LiteForex Review!! Read First, Invest Later
Liteforex is the trading name Liteforex (Europe) Limited which is registered with the address: 1 Vasileos Georgiou A Street, Monastiraki Center, Office 1, Potamos Germasogeias, 4040, Limassol, Cyprus, launched in 2005.
2024-12-11 15:53
News Unlock a 100% Bonus with LiteFinance: Use Code PROFIT Now!
Boost your trading in the Philippines with LiteFinance’s 100% bonus offer! Increase your deposit and trade with more capital. Claim your bonus now!
2024-08-12 16:49
News LiteFinance Welcomes 2024 with Big Wins & Better Trading
LiteFinance welcomed 2024 with New Year's promotions and enhanced trading conditions. Customers had the chance to win big with raffles and enjoyed lower fees for a profitable trading journey.
2024-02-07 14:22
News Monthly Japanese yen fundamental forecast
Is there a correlation between faster wage growth and faster inflation? Conversely, do high prices trigger workers to demand higher wages, resulting in employers eventually agreeing?
2023-11-28 17:26
News Pound skating on thin ice. Forecast as of 19.10.2023
The caution of the Bank of England, stagflation in the UK, and the crisis in the Middle East are pressing the pound down. Following a short correction up, the GBPUSD resumed falling and will hardly turn up in the near future. Let us discuss the Forex outlook and make up a trading plan.
2023-10-25 10:49
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Anh 1997
Vietnam
It is recommended to avoid this platform as it may burn copied accounts and entice customers to deposit more to hold positions.
Exposure
2024-12-19
FX3109000831
Vietnam
Where are you from so avoid this floor because they are not reputable, I have been deducted an unreasonable bonus, I think you should boycott them and find a reputable group to invest in, guys. I was tricked by them as follows: I created an account for the first time, deposited 5k, bonus 30% = 1.5k, I lost the transaction, my account was burned and the bonus was negative. The next day I created a sub-account and deposited 2k, then suddenly the group deducted the bonus that had been burned from the previous account according to the floors. If it was burned, then I would not ask for it back, but this lite floor played dirty with customers.
Exposure
2024-11-22
FX1725198741
Vietnam
I am Tran Hien. I registered an account with gmail tranhien0610@gmail.com, I was introduced by an IB through Facebook (we met in person for coffee, meals, and there are video and photo evidence) to guide me in registration and depositing over 9000 USD to follow the copytrade of that broker. When my assets reached over 11000 USD, this broker deliberately placed large orders against the market to burn my entire account. After that, the IB blocked all contact with me. I reported to the police in Hung Yen city but have not received any resolution. I messaged the exchange for support, but they refused to take responsibility because the IB is a partner of the exchange and not related to the exchange. I have saved the photo evidence. Thank you very much! ps: Everyone should stay away from this exchange, as they engage in fraudulent activities and shirk responsibility. They do not support customers. Currently, this IB still regularly posts on Facebook to continue their fraudulent activities.
Exposure
2024-11-18
FX3109000831
Vietnam
The Lite exchange and related individuals are scamming customers and investors, so we should boycott them. I have traded on this platform and they deceived me with a bonus. Specifically, when I first deposited 5k, I received a 30% bonus. However, my trades resulted in losses and negative bonus. I created a sub MT4 account and deposited 2k, but they deducted 1406$ from it. When I complained, they accused me of cheating and blamed it on using 3 accounts on 1 device. Even if it was 30 accounts, it wouldn't matter because I introduced new customers to them. I used my own familiar device, while their application interface is different from yours.
Exposure
2024-10-28
FX3109000831
Vietnam
Investors should stay away from this exchange and boycott it, it is extremely malicious. tkmtt4 030517 deposited 5k bonus30%, my trades burned and the bonus became negative. I created another account tkmt4 031868 and deposited to recover the trades, but before I could trade, it deducted the negative bonus from my other account. I find it unreasonable, when I complained, they accused me of cheating and deducted it anyway. I have evidence to show how malicious it is.
Exposure
2024-10-23
FX3109000831
Vietnam
I trade like this and they accuse me of cheating or holding the string, whatever they want to say. I deposited 5k and got a 30% bonus, which is 1.5k. When I had a losing trade, the bonus was deducted from my MT4 account 030517. A few days later, I created another MT4 account 031868 and deposited 2k, still getting a 20% bonus, which is 400$. I hadn't even traded for about 2 hours when the broker took back the bonus and deducted 1400$ from my account. When I called the support staff, they said the broker reported it as cheating, so the broker demanded to take back the negative bonus from the burned account. Knowing that the broker would do this, no sane person would deposit money for the broker to deduct like that. I have screenshots of the trades for you to see how they handled it, is it right or not.
Exposure
2024-10-22
FX3109000831
Vietnam
I have complained to the exchange but the exchange is unreasonable and still automatically deducts money from my account thix2588@gmail.com.
Exposure
2024-10-21
FX1336751495
Indonesia
The master account that I copied for profit. But my account is actually minus 80%. I emailed and received an automated response. Be careful, this broker is starting to scam. I made a new CT transaction for only 2 days. It's already minus 80%.
Exposure
2024-10-16
bach917
Vietnam
The negative account balance has been reset, when recharging, the trading platform will still automatically deduct the money.
Exposure
2024-10-03
Đại Milô
Vietnam
Content: My name is and I have an account on the gmail platform with Mt5 number 469361. Order ID: #95800792 slipped 10 pips when buying at 2363.31 with a stop loss at 2363, but it only hit the stop loss at 2353.10. Meanwhile, the sell order at 2362.05 with ID #95775312 hit the take profit at 2360 at the same time. Why didn't the take profit slip 10 pips and close the position at 2354.5 while the stop loss slipped 10 pips? The fact that the take-profit and stop-loss occurred within the same timeframe indicates that the platform intentionally caused losses for investors. Therefore, I request that the platform compensate me for the incurred losses.
Exposure
2024-07-18
Dũng9143
Vietnam
Yes, it's really a joke. The situation is that I just bought Porsche shares, the stock code is #PAH3 on June 10 on the Lite exchange, this code pays dividends on June 12. But on the evening of June 12, when I did not receive dividends, I reported to Floor Exchange and Floor Exchange said: Must buy shares before June 9 to receive dividends and this is the floor's regulations. Can you please tell me if there is any floor that requires something like that? But I trade on 2 exchanges but 1 exchange gets the answer and the other says it's not due to the exchange's regulations, which makes me feel strange :)))
Exposure
2024-06-13
aoulad bouchta
Morocco
Gab without news, opening or closing
Exposure
2024-04-03
Beerter199
Thailand
Entry 23.017, sl 23.100. The price is only 23.40, it has already been sl. That's very bad.
Exposure
2024-01-04
klowd
Philippines
the master trader in their copytrade has already gained massolive profit and won't let him withdraw the profits. Now somebody has took over his account.
Exposure
2023-09-19
Hồ Công Thành Đạt
Vietnam
the floor is not good, does not match the price SL
Exposure
2023-08-06
Gold2021
Vietnam
Only saw SL slippage but never saw TP slippage :)))
Exposure
2023-07-12
Akinsootofx
Nigeria
they manipulated chart and doubled my stoploss.
Exposure
2023-04-06
Akinsootofx
Nigeria
My stoploss was 20 pips, but this evening I saw $-4.14. then I quickly went to the chart to see what happened, I saw litefinance had changed the chart, I logged in to my other broker then see what happens in the pictures.
Exposure
2023-04-06
Lê Đinh Minh Hiền
Vietnam
Registered Exchange denounced LITE FINANCE Monitoring period: 10 - 15 years 6.78 Reviewed by InfoFX exchange Littefiance burned account 11/11/2022 OTHER FACTORS Through the network I was recommended to invest in stocks by staff. and opened an account at Litefinance exchange on June 24, 2022, while I was trading, I discovered that my account was deducted 10,000 USD, when I contacted a friend named Tan Thien, phone number 0392020498, you guided me to the Web. I discovered that the money had been transferred to the internal accounts, I changed the password, but after changing less than 1 minute, the account continued to be transferred 6,000 USD to the internal ID, I changed the password and changed the number again. money re-entry primary id 997747 is trading; at the same time i also changed my MT4 password. That same night, I called one of the floor's employees, Tran Thi Kim Xuan, at 0368237232, but there was no answer. On the morning of June 25, I still saw it as normal, but at about 8:15 a.m. I scratched my account, my password was changed, and my password was changed when I went to the Web. When recovering the password to the account, the amount of nearly 12,000 USD was burned. Right after that, I contacted Xuan and you told me to work with the floor with a solution. On the evening of June 24, 2022, I received an email from the exchange saying that I could check the ip that was in my account, I traded and burned the account with the address in HCMC: be803c3744ce6ed35eb749ec1e28e1 07, uniq: 0, ping: 399 ms, port : 36294) 23.06.2022 18:51 27.67.74.178 Ho Chi Minh City Android / Chrome (78.0.3904.108) 24.06.2022 04:32 27.67.74.178 Ho Chi Minh City Android / Chrome (78.0.3904.108) Once available Results of replying to the email, Xuan replied that the exchange had checked the email and told me to work with the police to find out who hacked the account to negotiate a request for a refund. I asked to work directly with Xuan's office and manager, you replied that you only work with your boss in Russia and refused me, calling the hotline also did not accept
Exposure
2022-12-02
Chanh9329
Vietnam
Slippage costs customers money but the exchange does not reimburse
Exposure
2022-12-02