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.

, indonesia.

DISSAPOINTED!!! just 1 word DISSAPOINTED!!

, UK.

I have been using this broker for a month now, I have to say I have amost instant balance traansfers in.

Sometimes I have re-quotes which does flag up some broker intervention on my trades but not often.

Someone said they were not profitable, dont know what they meant by that. Was it thier trade not profitable, or the broker. I have to say I have made good profit with them so far - without problems.

I would say this broker is good for me.

, Gambia.

I am a new customer from Gambia looking for a good broker, I will also try Liteforex and comment on them after my two weeks of trading.

, Nigeria.

Just new to this broker and yet to open a live account, but friends have been commending thier service.

hope to be back with my observation when i eventually open my live account with them.

my advice is that lets be honest with what ever we get from this broker here in Nigeria and all over th world.

THANKS

, Nigeria.

i think all who raised a negative voice about this broker are their competitor, as for me and my people using Liteforex in Nigeria? we have no bit regret. The customer support is better and withdrawal are made easy.

, Nigeria.

Well. As for me, i trade with them, i gain and i withdraw within one hour my account is always funded. i trade with liteforex for a living especially now that they have office in Nigeria. I have no regret dealing with liteforex for the past 2 years now.

, the Netherlands.

Most of the Paypal brokers aren't working, because Paypal doesn't like brokers. They don't verify their account mostly.

, USA.

DO NOT TRADE WITH THEM THE TRY AND TAKE YOUR PROFIT AND SAY YOU CHANGED THE TRADE. JUST LIKE EXAMPLE (benjamin igweh from nigeria) tHIS HAS HAPPEN TO ME AND NOW I AM FORM THE UK, THEY SAID THEY WELL BLACK LIST MY ACCOUNT IF I SAY ANYTHING BAD ABOUT THEM

, USA.

Last I looked, their PAYPAL account was not working... no news on their boards about it either - Only reason I opened an account with them -

Note to Editor... EVERY single Broker you have listed here - that accepts PayPal (

, Egypt.

There are good see the money after deposit it on 1 sec.

but they don't have islamic accounts we need this on liteforex to be the best always.

, malaysia.

this broker is a joke,

not only i got problem with depositing fund, i got problem when i requesting for a withdrawal as well,

they gave me so much hussle and takes time,

seems like money going in wont coming out from their pocket. 1 star for Lite forex. i stop using it since today.

, malaysia.

terrible broker. slow server. impossible to make profits. every time requote price even with 20 pips deviation. very hard to close order too until negative then it will close. requote, invalid price, time expired and all sorts of messages come out. my honest advice to all of you. avoid this broker.

, Malaysia.

Liteforex started well. Instance funding, fast execution, fast withdrawal. However, it has turned to be not efficient anymore. No instance funding anymore. I have deposited on 2nd Oct but till now I have yet to see it in my account. I have sent many emails, but no action taken. I feel really dissapointed with them.

, nigeria.

i submitted the review on liteforex on the 08/08/2008 about the experiences i have during announcement. i have diceded not to leave them because most, if not all brokers, one way or the order make things difficult for thier clients during announcements from hiking spreads to turning winning trades int loosing ones.for me it's not enough reason to leave a broker. i am sticking with them. at least i enjoy other benefits. and withdrawal is fast.

, nigeria.

i thought they were the very best brokers for the 6 months i trade with them untill something happened which initially i though was my fault untill it happened 2 more times . i ussually trade news with buy and sell stop pending orders . i place two pending orders of buy stop and sell stop 2 to 1 munits to the announcements like non farmpay roll ther mportant once. i only add 10 to 15 pips above and below the current price before announcement. what LITEFOREX always do to me during release of key important announce is to increase my set entry to MAKE ME LOSS my money. e.g if EURUSD is @ 1.5900 before announcement, i ll set my entry @ 1.5910 iif price eventually go up to 1.5980 LITEFOREX will ridiculiuosly increase my enty price to the end of the first price hike! @ 1.5980 . ead counting about 70 pips in profit , @ that price i will begin to loss from the price drop from 1.5980. this is just nothing but evil. if you want to make it in the market avoud them. for me i am quitting. you can cantact me @ chisco4guud@yahoo.com or call 234+07035447315 for more details .

ben from Nigeria.

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