5.6/10
(64 qualified reviews)
US Traders
  • Interest rate on funds
  • Bonus offers
  • Trading contests
  • Affiliate program
  • Islamic accounts available
  • Company LiteForex Investments Limited, Liteforex (Europe) Ltd
  • Founded in 2005
  • Offices in
    Show countries Hide countries
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4
    • MetaTrader 5
    • WebTrader
  • Account currencies
    • Euro
    • Russian rouble
    • Swiss franc
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • CySEC, 093/08
  • Website available in
    Show website languages Hide website languages
  • Support available in
    • English
    • Indonesian
    • Malay
    • Russian
    • Spanish
  • Support methods
    • Callback
    • Email
    • Forum
    • Live chat
    • Phone
  • Trading server time zone GMT+3
  • VPS for traders $15/month
  • Rebates per 1 std. lot 15 $
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.8
  • Minimum spread on EUR/USD, pips 1.6
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
    • CFD1:20
    • Oil1:100
    • Indexes1:100
    • Cryptocurrencies1:50
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 20%
  • Number of currency pairs 40
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.1
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $5
  • Scalping Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
    • CFD1:20
    • Oil1:100
    • Indexes1:100
    • Cryptocurrencies1:50
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 20%
  • Number of currency pairs 40
View contract specifications

Reviews

125 reviews of LiteForex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Kaohsiung, Taiwan.

Stay well clear of these guys. They are a Russian outfit I I suspect they are only after your money.

Endless requotes so trades no longer make sense. Off quotes if they do not like your trade. Buy and sell limit and stop orders are not executed even when there is enough money to do so. Strangely enough if you put in limit or stop orders with a stop loss option you can be sure they will make sure your trade is executed and taken to the stop before they move the market quotes up or down in their favour. Same goes for sell limit orders.

When you compare their quotes with other FX platforms they are always several pips off either up or down. So they show you a low spread but you can never really use it as the prices they quote are their own not the markets.

Trades get closed for no reason. When you complain they can prove the order to close came from your computer. I thought that strange as on each occasion I was only changing the TP option.

Depositing money did not do smoothly and I lost money there too because at a crucial time a deposit did not show up on my account. Withdrawing money is easy I read. No way. Still trying for several days now.

PLEASE BEWARE and stay well clear of this company.

, Israel.

Hi

Lite forex is one of the worst brokers I have ever traded with!!!!!

I don't know if that's because I started to win some money but their execution is soooooooooo slow you can starve to death until you have an execution.

Every trade I wanted to open I waited 30-40 seconds and then if the market move in my favor, I would get a reqoute and if the market moved in their favor the trade was execute and sometimes it was as if I paid 7-8 pips for the EURUSD .

Another thing , 50% of the time I could press buy or sell and after I wait 30-40 seconds I receive the massage "of qoutes"

I you are day traging I would suggest you to stay away from this broker

Thanks

, Nigeria.

i have use varous brokers namely FxPro, FxOpen etc, there is just no one to be compared to liteforex. How i wish i started with them from my very first day in fx i would have been a millionia. they are the best. it is easy for one to turn $1 to a $100 in few days with their good money management strategy(0.01)lot size, no more crashing of account.they are just wonderful

, Italy.

I’ve just started trading, just a total noob, but… this is a great broker for newbies. I’ve learned a lot of new things already from their forum. There’s even an online trading discussion, where you can find some experienced traders posting their comments and forecasts on where the price will be going in next few hours. This is really great to talk to such people. Very good broker, with very smart traders, who can really predict the price movement.

, USA.

They are one of the best companies for service. Especially tech support guys: every time I need help I get help, even on weekend. You’ll like it.

, Philippines.

last day I was on the process of filling up online application for a live account in liteforex. But I made a mistake in filling up the application. But I am very pleased for their good customer service and live chat support, their staff shows willingness to help, they are the ones who really call me so as to solve my problems in the application, sooner after depositing fund to my live account I will begin trading with LF. I hope they will maintain their excellent customer service. For now, I think they are deserving for a perfect score with regards to customer service and support.

, Nigeria.

No body has send anything concerning the customer care, because any company that does not have good customer relationship is dead, for months now i have been try to communicate with this broker so i can open a real account all effort has been waisted, even the live support does not work, a broker you can not communicate with effectively i wonder if you na have problem with your account,

I only share my experience not trying to say

, Russia.

Very good broker. I have no problem taring with them. My highest appreciation

, nigeria.

Liteforex are very good. Innovative and responsive in their dealings with clients. I think am satisfied with their services

, NYC.

Hi, i have been with liteforex.org for some time now. I love Liteforex. There is really no but when it comes to making money with them. Im a Swing Trader. So yes i do double my funds every week. I now have over a little $4,000 imy LF account., And i only started with $25, It took me two months to make $4,600.00. I have withdrawal $3,000. so far so good.

, USA.

I always wanted to get into forex thats y im here right now.Im getting mixed reviews from this site at the moment but i think most of the negative reviews are done from people expecting a quick withdraw.But ive done buisness via many sites and u may get ceratin payments quick for ceratin reasons.But your not always able to get them quick for certaain reasons.as long as i get my payments in 3 days im good .But i want to get into this anyone thats familiar with this site on a positive note email me at dasurveyor@gmail.com and i can be your apperntice

, Iran.

im trading with liteforex.org broker about 3 years ..

allthing is good (deposit is instant via webmoney or currency and withdraw is in 6 hrs )

but system is busy, dealer is busy and can not close position in profit

, Malaysia.

I just tried my friend Liteforex live account which he ask my help to clear his floating.

After do few trade I found that this broker is SUCKS. So hard to close positions aspcially when the post is +ve. Than I studied the candle movement which I compare with another 2 broker. Open buy same price and there are missing candle in TF5 min frame....Liteforex give me profit 48Pip but the other 2 broker give me 60pips...Is is because the liteforex account locally registed from liteforexmas.com?????

, switzerland.

I don^t now î^m using lite forex for 1 one day but as i saw they are georgious .

just deposit from my credit card and in a sec. money was on my live account.

i didn^see that not to any other broker.

for example FDD you need one day ....

anothe thing i been trading with alittle money and normally any broker when you are in minus will take your money but î` was in minus for a long time and now i^ closed my trade in profit.

so imposible to you loose your money.

my advice is trade lite forex any other broker will make you broke.

if you wan withdraw they do it strait to your creditcard threw moneybookers and so....

, UK.

I've been trading with Liteforex for over a year now and they are fine in overall. I've withdrawed almost 10 times now and every time got my money in few days.

Spreads don't widen and the spreads are ok, they let you deposit/withdraw with e-curriencies and bank wire and the customer service seems to work well... and they let you withdraw every time. They accept every type of trading, even scalping and hedging.

But I would hope they would requote less and the feed is abit better on other brokers.

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