2020-09-16
|Brokers
About WikiFX
|
Rating
/10
The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
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Straight Through Processing(STP)
CYSEC Regulated
Company Name:
Liteforex Investments LimitedCompany Abbreviation:
LiteForexPlace of registration:
Cyprus
Regulatory Status:
RegulatedCustomer Service Email Address:
clients@liteforex.comCustomer Service Phone Number:
88007072963Company summary
Liteforex was launched in 2005 to meet the real needs of traders in the global forex market. LiteForex pioneered the introduction of cents accounts with a minimum deposit of $1, making a breakthrough in brokerage services and removing obstacles for potential investors and traders. After decades of steady growth, LiteForex has become a compelling force in the forex trading market. LiteFore LiteForex currently holds a straight-through license from the Cyprus Securities and Exchange Commission (license number: 093/08). About MoreWikiFX Risk Alerts
Previous Detection: 2021.04.15 Risk: 1 Item
Exhibition Area
Survey
MT4/5
Website
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External Chain Summary
Language
Give fake bonus to increase equity and when you use broker equity even 64$ its take its bouns and wash account
FXGKXimi2650
2021/04/03
Pakistan
They would do anything and fabricate anything to justify their actions. First they said my account balance was about $7500 when I challenged there figures with manual calculations they said no its $7425.57 and now after calculating my balance manually i released that my balance was $7592.62, are just co-operate internet fraudsters.
FXDDHsaj1471
2021/04/01
Nigeria
The leverage is 1:1000.
Ti
2021/03/17
Malaysia
And I cann't login when I wanna trade
FXKONwqm4383
2021/03/04
Thailand
Copy Trade makes me lose money within a day
FXYDKqsg9711
2021/03/01
Thailand
The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
Current Status:
RegulatedLicense Type:
Straight Through Processing(STP)Regulated in Country/Area
Cyprus
Regulatory License No.：
093/08Email Address of Licensed Institution :
liteforex@liteforex.euLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
124 Gladstonos Street, The Hawk Building, 4th floor, 3032, LimassolPhone Number of Licensed Institution :
35725750555Licensed Institution Certified Documents :
Liteforex-Cysec牌照200408 View Certified Documents Cyprus _ Liteforex Europe Ltd View Certified Documents
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2021.04.15 updated
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Basic Information & Regulator of Liteforex
Liteforex was launched in 2005 to meet the real needs of traders in the global forex market. LiteForex pioneered the introduction of cents accounts with a minimum deposit of $1, making a breakthrough in brokerage services and removing obstacles for potential investors and traders. After decades of steady growth, LiteForex has become a compelling force in the forex trading market. LiteFore LiteForex currently holds a straight-through license from the Cyprus Securities and Exchange Commission (license number: 093/08).
Safety Analysis of Liteforex
Liteforex is currently regulated by CySEC in Cyprus, which is the world's A-rated regulator, more stringent for forex trading. Therefore, the security level can be ensured in the Liteforex brokerage firm. Investors need to make a comprehensive judgment based on the account, spreads, trading commissions, deposits, and withdrawals.
Market Instruments
Investors can trade all popular currency pairs and cross rates, precious metals, crude oil, stock indices, stock CFDs, and cryptocurrencies through Liteforex broker.
Leverage & Accounts of Liteforex
Liteforex offers investors two different types of accounts: Classic Accounts and ECN accounts. Classic accounts have a minimum deposit of $50 and a 30% tradable bonus on deposits, while ECN accounts have a minimum deposit of $50 and a 2.5% annual account interest. The maximum trading leverage for both accounts is 1:500.
Spreads & Commission Fees of Liteforex
The minimum spread for the classic account is 2.2 pips for EURUSD, 2.3 pips for GBPUSD, 6.4 pips for XAUUSD, 6.2 pips for XGUUSD, 0.9 pips for USOil, 0.9 pips for UKOil, 10.6 pips for S&P500, 4.1 pips for Stocks, and 1.0 pips for Bitcoin. The minimum spread for BitUSD is 1316.0 pips. The minimum spread for ECN accounts is 0.1 pips for EURUSD, 0.3 pips for GBPUSD, 1.5 pips for XAUUSD, 1.0 pips for XGUUSD, 0.3 pips for USOil, 0.3 pips for UKOil, 0.6 pips for S&P 500, with its commission of US$5. The spread for BitUSD is 1316.0 pips, and the minimum spread for stocks is 0.1 pips.
Trading Platform Applied of Liteforex
Liteforex offers traders the market-leading and popular MT4 and MT5 trading platforms, as well as MT4 Windows PC, MT4 Mac PC, MT4 Multi-Terminal Edition, MT4 iOS/iPad, MT4 Android, MT5 Windows PC, MT5 Mac PC, MT5 iOS/iPad/iPad, and MT5 Android, for users to make flexible choices.
Deposit & Withdrawal of Liteforex
Traders can deposit and withdraw funds via VISA & MASTERCARD credit cards, bank wire transfers, local deposits, Skrill, Neteller, Perfect Money, WebMoney, Alipay, and Bitcoin cryptocurrencies with a minimum deposit of $10. Liteforex will provide users with a certain amount of bonus, for the refund of fees incurred by the payment.
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You are visiting the website of WikiFX. In addition, its website and mobile product—WikiFX, is a global inquiry tool for enterprise profile that is operated by Wiki Co., LIMITED (Registration No.2806237) based in Hong Kong Special Administrative Region of China. Users should comply with the law of their countries/regions.
Official Email：wikifx@wikifx.com；
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
