125 reviews of LiteForex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I have been trading using LiteForex for about one year now. Initially, they are good and reliable. Fast execution and instant funding of deposit.
However, they have been performing quite badly lately. My latest experience has made me decided not to continue using their service after this. Due to my account approaching margin call, I deposited some money into the account using Liberty reserve. 28 hours later, I have yet to see the money in my account. Today,my account balance is fast depleting (soon to be margin-called,I beleive).
I have this feeling that liteForex purposely let this happen so that they can steal customers' money by means of the margin call. Yes, I read in a forum somewhere of similar case involving Liteforex. The money only appeared in the guy's account AFTER the account has been margin-called !!
Honestly speaking, i have a live trading account with other brokers before i discovered Liteforex. Liteforex is too transparency in their dealing compare to other brokers, They are the best for now, leverage, pips, lots, currency pairs. I love them too much.
Good broker but some slow execution in some times but only have this problem, because I think is so good.
Great for validating your Metatrade EA's on a live system without risking large sums of money
I admit that this is a very nice broker that even accepts a little amount of 1$ to trade and they even use the most popular trading platform known as the mt4. I don't have any problem regarding about depositing funds into your account because it is instantly credited in your account, but what I really don't like is their withdrawal system that takes almost 1 business day to process.
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