Its accounts are quite accessible with a low minimum deposit requirement of only $50, and at the same time, clients can choose from multiple supporting tools. LiteForex has a track record of more than 15 years in the online brokerage industry with offices in jurisdictions worldwide. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s xcritical offering.

What kind of trading platforms does the LiteForex Company provide?

LiteForex processes most payment requests between several minutes to several business days, depending on the chosen payment method. The broker does not charge deposits and even compensates the client for any third-party banking fees. LiteForex also does not charge a handling fee for withdrawals, but external fees may apply.

I always recommend that traders check them before evaluating the total trading costs. Liteforex Investment Company offers two types of accounts; CLASSIC and xcritical cheating ECN types of trading account. Market breakdowns developed in-house by LiteForex, and available from the website with free access to everybody. The market reviews are detailed and multifaceted containing aspects of economic analysis, fundamental analysis, and technical analysis.

How do I deposit funds in a LiteForex account?

Furthermore, the costs mentioned on the website match the live quotes on the platform. Always updated with the latest market information and presenting a range of advisory services, traders find the best opportunities for successful trading with them. By offering numerous options for money deposits and withdrawals, updated technology keeps LiteForex Web Trading Platform ahead of the highly competitive broking industry. Those who like a break from conventional markets may seek the common cryptocurrency pairs to trade-in. Trading assets include all the most famous currency pairs along with the cross-rates.

1. A demo account serves as a training account, which new clients can use to learn more about trading strategies and improve their trading skills.
2. LiteForex is a regulated broker offering Forex pairs as its main trading product.
3. Market breakdowns developed in-house by LiteForex, and available from the website with free access to everybody.
4. It supports 15 languages and offers a wide range of trading tools and popular trading platforms such as MT4 and MT5.

Trading platforms and mobile trading reviewed at LiteForex

With ECN account types and automatic withdrawals, there are some good aspects to it. The commissions are a bit expensive though, making its offerings less attractive to seasoned traders. DailyForex.com adheres to strict xcriticals to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.

Account Types

Online registration merely requires an e-mail address or phone number and a password. Traders may also sign-up through their Google or Facebook accounts. Since LiteFinance claims to adhere to AML regulations, verification is mandatory.

This raises the trader’s confidence when trading on their platform. LiteForex offers 31 educational lessons available from the client area. They are divided into beginner, intermediate, and advanced categories. I appreciated that the materials are supported with tests to help the reader solidify what has been learned.