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LiteForex Investments Review and Tutorial

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LiteForex Investments Facts & Figures

LiteForex Investments Limited is a regulated Forex & CFD broker offering the MT4 & MT5 trading platforms.

 

Awards

None

Bonus Rebate on payment fees
Instruments Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account Yes
Min. Deposit $50
Pay Methods Bitcoin Payments, Mastercard, Perfect Money, QIWI, Skrill, Visa, Webmoney, Western Union
Min. Trade 0.01 lots
Regulated By Marshall Islands
MetaTrader 4 Yes
MetaTrader 5 Yes
cTrader No
ECN Account Yes
DMA Account Yes
Mobile Apps Yes
Auto Trading Yes
Social Trading Yes
Copy Trading No
Trade Signals Yes
Islamic Account Yes
CFD
FTSE Spread 1
GBPUSD Spread 2
Oil Spread 0.9
Stocks Spread Variable
Leverage 1:500
Forex

Trade on popular FX pairs and cross-rates

 

GBPUSD Spread 2
EURUSD Spread 1.8
EURGBP Spread 2
Assets 55
Cryptocurrency

Trade on a dozen different crypto coins

 

Spread From 0.4
Coins BTC, EDO, EOS, ETH, ETP, LTC, NEO, OMG, XMR, XRP, ZEC, SAN
Risk Warning – Your capital is at risk

LiteForex Investments Limited is a setup CFD and forex representative. Customers can exchange on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) stages utilizing numerous store and withdrawal techniques. This representative survey will give knowledge into the sign-up measure, reaching client care, just as rewards and influence, assisting you with settling on an educated decision.

LiteForex Overview

LiteForex Investments Limited was established in 2005. It flaunts 500,000 customers worldwide and has central command in the Marshall Islands. The gathering likewise has workplaces in the Philippines, Kenya, Myanmar, Tanzania, Ghana, Nicaragua, India, Indonesia, Vietnam, Iran, and an opened office in Lagos, Nigeria. The proprietor has guaranteed the site and stage are accessible in English and 14 different dialects to oblige its worldwide crowd. 

Note LiteForex (Europe) Ltd works as a different merchant offering to exchange administrations to customers from Europe.

Trading Platforms

LiteForex Investments Limited offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) exchanging stages. Created in 2005 and 2010 separately, these frameworks have become the preeminent stages for online forex and CFD exchanging. 

The stages can be downloaded to Mac or PC gadgets. Then again, the WebTrader interface allows you to exchange straightforwardly from an online program. The arrangement and check measure is fast and natural, so clients can begin trading in practically no time. 

Both downloadable stages are easy to understand, while the web terminal offers broad customization. They accompany numerous diagram types including, line, candle, and bars. MT5 offered more pointers and progressed examination instruments, incorporating an implicit financial schedule, 21 time periods, in addition to a Depth of Market include. MetaTrader 4 remaining parts are the most famous stage and have all that is expected to carry out effective exchanging methodologies.

Assets & Markets

Exchanging resources accessible to all record holders include: 

  • Currency– FX exchanging is accessible 24/5 on major, minor, and intriguing sets 
  • Commodities– Trade gold and oil 14/5 with predictable liquidity 
  • Global stock indexes– Trade CFDs on central worldwide files, including the US30 (Dow Jones) 
  • Cryptocurrency– Popular crypto sets, including Bitcoin, give an option in contrast to conventional business sectors

Spreads & Commissions

LiteForex Investments Limited takes its expense from the spread. Spreads are explicit to the record and resource being exchanged. The Classic paper utilizes a spread-based framework and the ECN account, a commission-based framework. The commission is charged at $5 per parcel. 

Spreads are by and large serious, albeit significant money pair spreads can associate with 2 pips, which is moderately high. On important lists like the FTSE 100, spreads start at 1 point.

Leverage

Influence up to 1:500 is accessible. When joining, clients can choose the influence they want. Subtleties of the edge call interaction can be found in the FAQ part of the specialist’s site.

Mobile App

Versatile exchanging is accessible through the MT4 and MT5 stages. The applications are accessible to download for nothing on Android (APK) and Apple (iOS) gadgets. Clients get signals, news cautions, and scope of value examination highlights for various exchanging procedures. The versatile applications are additionally simple to explore and accessible in eight distinct dialects.

Payment Methods

Dealers can store straightforwardly into their LiteForex Investments Limited record using: 

  • Credit/debit card (Visa & Mastercard)
  • Bank transfer
  • WebMoney
  • CentrePay
  • Neteller
  • Skrill

Store alternatives incorporate; Alipay, Yandex, and Dengi. The base store for all records is $50, and installments are typically prepared that very day. Customers can likewise subsidize their records with cryptographic forms of money, like Bitcoin. 

LiteForex Investments Limited offers a programmed withdrawal that empowers merchants to pull out assets up to $100 each day within 24 hours and is accessible on Skrill, Perfect Money, and Neteller. Withdrawal charges are explicit to the supplier. 

Note PayPal isn’t accessible.

Demo Account

LiteForex Investments Limited offers a demo account which is an excellent method to test the facilitate and refine your exchanging procedure without causing any danger. The sign-up measure is direct, and a record opened in less than a moment.

Bonuses & Promotions

LiteForex Investments Limited routinely offers advancements and challenges. At the hour of composing, it doesn’t offer a welcome reward or any promotion codes. Notwithstanding, there is a limited time to get a refund on store charges, so installments are free. Additionally, LiteForex Investments Limited runs a ‘Fantasy Draw’ with a prize asset of $350,000 and a Video Blogger challenge with a prize pool of $1,000. The representative additionally runs exchanging challenges with monetary rewards up to $4,000. 

See the representative’s site for the most recent no-store rewards and promotion codes in 2021.

Regulations

LiteForex Investments Limited is enrolled in the Marshall Islands (enlistment number 63888) and managed as per Marshall Islands Business Corporation Act. 

The organization’s location is Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

Additional Features

LiteForex Investments Limited has a bureau loaded with devices to work with effective exchanging, including; a monetary schedule, a world market news blog, and both an edge and Fibonacci mini-computer, all open through the landing page. Extra help is provided as Claws&Horns’ skill, an insightful organization giving thorough scientific apparatuses.

Account Types

LiteForex Investments Limited offers two essential live records; the ECN account and a Classic record.

ECN Account

LiteForex Investments Limited suggests the genuine exchanging ECN (Electronic Communications Network) account for proficient merchants and financial backers. The record offers a financing cost of 2.5% on excess assets, a limitless span of exchanges and exchanges are conveyed straightforwardly to liquidity suppliers. Just the MT4 stage is accessible to ECN account holders.

Classic Account

The Classic record is accessible to experienced merchants. No interest is paid on excess assets, and no commissions are charged. Both the MT4 and MT5 exchanging stages are accessible. To pursue a record, select ‘Enrollment’ which you will discover in the upper right-hand corner of each page. 

ECN versus Classic records? Both have their benefits, so guarantee that you do your exploration. As records relate to various workers, it is preposterous to change the record type once opened. To do as such, you should erase the history. 

A Forex Islamic record is a halal exchanging account and is accessible to those brokers denied from leading exchanges, including loan costs, attributable to strict convictions.

Benefits

LiteForex Investments Limited gets incredibly excellent evaluations in the accompanying regions:

  • Licensed
  • Copy trade services
  • Social trading platform
  • Automated trading – APIs
  • Good customer reviews in 2021
  • The breadth of assets & trading tools

Drawbacks

The essential downside is that a few clients have announced powerlessness to pull out reserves. Luckily, the client assistance group appears to be brief to react to disclosed withdrawal issues. Different disadvantages incorporate the absence of PAMM accounts.

Trading Hours

Exchanging stages are open and usable every minute of every day, notwithstanding specific business sectors license trading between determined hours. This is an exciting point when trading stocks at the end of the week, as it is possible edges will be lower and benefit diminished. 

The LiteForex Investments Limited news blog dependably conveys any progressions to standard exchange hours. Additionally, check for the particular worker time where you’re based.

Customer Support

Admittance to appeal can be found through the live visit highlight accessible from the talk logo on the LiteForex Investments Limited site. Whenever clients are past the login page, the live visit symbol will show up in the base right-hand corner of the screen. Then again, merchants can contact client assistance agents by:

  • Email – clients@liteforex.com
  • Phone – 88007072963

Client service can assist with most inquiries, including interior exchanges and administrator issues. 

LiteForex Investments Limited people group gatherings can likewise be found on:

  • Facebook
  • Instagram
  • Twitter
  • YouTube
  • LinkedIn
  • Telegram

The representative’s administrative center location: Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MN96960.

Safety & Security

LiteForex Investments Limited offers a free from any harm stage, and the site is secured with firewalls and separated workers. LiteForex Investments Limited prescribes a VPS to oversee exchanges while clients’ gadgets are turned off. It isn’t dependent on a web association or force supply and offers a level of safety to web dealers.

LiteForex Verdict

LiteForex Investments Limited is a real dealer with a ton to offer. There is a decent scope of tradeable forex and CFD resources, in addition to the MT4 and MT5 stages. The site is not difficult to explore, the help work effectively open, and there are different free examination apparatuses. The LiteForex Investments Limited brand is, to a great extent, comprehensive and, notwithstanding its global presence, stays custom-made. 

Because of whether it is a decent specialist? Indeed, that would be the appropriate response. Because LiteForex Investments Limited analyzes versus FXTM, XM, OctaFX, HotForex or FBS, brokers should explore thoroughly, yet this brand has a solid history and is a good choice.

Accepted Countries

LiteForex Investments acknowledges merchants from Australia, Thailand, Canada, South Africa, Singapore, Hong Kong, India, Norway, United Arab Emirates, Saudi Arabia, Kuwait, Qatar and most different nations. 

Dealers can not utilize LiteForex Investments from United States, Japan, Israel, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

Alternatives to LiteForex Investments

On the off chance that you are searching for options in contrast to LiteForex Investments, we have assembled a rundown of the leading 5 dealers that are like LiteForex Investments underneath. This rundown of agents like LiteForex Investments is arranged by closeness and incorporates organizations that acknowledge merchants from your area. 

  1. FP Markets – FP Markets is a multi-resource dealer offering a decision of exchanging stages. 
  2. RoboForex – RoboForex is a multi-resource online agent offering outstanding exchanging associates. 
  3. FBS – FBS is a top online dealer offering MT4 and MT5 exchanging across a scope of instruments. 
  4. OctaFX – OctaFX offers multi-resource exchanging on a scope of stages and portable arrangements. 
  5. EagleFX – EagleFX is a well-known exchanging dealer offering forex, stocks, cryptos and products.

FAQ

Is LiteForex regulated?

LiteForex Investments Limited is enlisted in the Marshall Islands (enrollment number 63888) and controlled as per Marshall Islands Business Corporation Act. 

The organization’s location is Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

Is LiteForex a trustworthy broker?

Indeed – it has more extended than a time of industry experience and is upheld by a believable standing and client audits.

Does LiteForex offer automated trading?

Indeed – LiteForex Investments Limited offers computerized exchanging. EA exchanging robots are a well-known choice, and the merchant’s site gives subtleties on the best way to begin utilizing them with your exchanging systems.

Is there a LiteForex demo account?

Indeed – LiteForex Investments Limited offers a demo account. It is an excellent method to grasp the MT4 and MT5 stages and investigate various procedures.

Does LiteForex offer copy trading?

Indeed – to begin to duplicate exchanging clients will require a record with a base equilibrium. Access the ‘Merchants’ segment to track down all the data on any dealer.

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