This is a scam platform! My account has met all the requirements and I have a new partner, but my commission is still being held in the "Hold/Held" section and I can't withdraw it. I've contacted support for over a week but haven't received a clear resolution. A terrible experience at Litefinance. Stay away from it. Exposure 05-15
Login & Registration
Account registration / opening
To open an account you should start at the broker's official site (https://www.liteforex.eu/). Most regulated brokers follow a standard sign-up flow: choose 'Register' or 'Sign up', provide your full name, email address and a secure password, then confirm your email address using a verification link sent by the broker. After that you will typically be asked to complete a KYC (Know Your Customer) form and upload identity documents such as a government ID and a proof of address. KYC review times vary; allow the broker time to verify your documents before requesting live trading access.
- Open https://www.liteforex.eu/ and select the registration option.
- Enter your name, email and create a strong password; confirm via the verification email.
- Complete the profile and KYC forms and upload required ID and address proofs.
- Wait for verification confirmation; once approved you will receive login credentials or be able to use your chosen credentials to sign in.
How to log in
Signing in is usually done from the broker's homepage by selecting the 'Login' or 'Sign in' control. Enter the email or account identifier and the password you created during registration. If you use a mobile device, sign in through the broker's mobile app or mobile website if one is provided; the exact app name or download location should be confirmed on the official site. Keep your login details private and only enter them on the broker's verified domain.
- Go to the official site and click the Login / Sign-in button.
- Enter your registered email/account ID and password.
- If prompted, choose the platform or server and start your trading session.
Forgot password / account recovery
If you forget your password, use the 'Forgot password' link on the login page. The typical procedure sends a password-reset link to your registered email. Follow that link and set a new strong password. For accounts with incomplete verification, additional identity checks may be required before access is restored. If you do not receive a reset email, check your spam folder and ensure you are using the email address you registered with.
- Select 'Forgot password' on the login page.
- Enter your registered email and follow the reset instructions sent to that address.
- If a reset link is not received, check spam/junk folders and any email filters.
Two-factor authentication & login security
Enabling two-factor authentication (2FA) adds an important layer of security. If the broker offers 2FA, typical options are an authenticator app (TOTP) or an SMS code. Use an authenticator app when available because it is generally more secure than SMS. In all cases choose a unique, strong password, avoid reusing passwords across sites, and consider using a password manager. Always confirm you are on the official domain (https://www.liteforex.eu/) and check for the browser padlock/HTTPS before entering credentials to reduce the risk of phishing.
- Enable 2FA in your account security settings if available.
- Prefer an authenticator app over SMS when possible.
- Verify the site domain and SSL certificate before entering login data.
- Never share your password or 2FA codes with anyone.
Common login problems & troubleshooting
Wrong credentials: recheck your email/account ID and password; use the password reset flow if needed. Locked account: multiple failed attempts or security flags can temporarily lock access; follow the broker's account unlock instructions or contact support. Verification pending: if your KYC is not yet approved you may have limited access until documents are verified. Region or access restrictions: regulated brokers sometimes restrict services in certain countries; if you encounter a message about regional restrictions confirm which legal entity serves your country on the official site.
Other basic troubleshooting steps include clearing your browser cache, trying a different browser or device, ensuring JavaScript and cookies are enabled, and checking your internet connection. If emails from the broker do not arrive, check spam folders and any corporate or ISP filters that may block automated messages.
- If credentials are incorrect, use the password reset option.
- If the account is locked due to security, follow the unlock instructions or contact support.
- If verification is pending, wait for document review and check your email for requests.
- Try clearing cache or using another browser/device for technical issues.
Getting login/account support
For account-specific or unresolved login issues use the broker's official support channels listed on the website. The broker's phone contact is +35725750555. Use the contact page, support email or any official help portal linked from the broker's site to open a support ticket. When you contact support, have your account ID, registered email and any relevant screenshots ready to speed up resolution.
Always verify support contact details on the broker's official website before sharing account information, and be cautious of support requests that arrive via unofficial channels or ask for passwords or full card numbers.
Broker Overview
LiteForex is represented here by Liteforex (Europe) LTD, a Cyprus-based broker operating from Limassol. The company has been active for around 15–20 years and presents itself as a regulated participant in the online forex sector. The broker's published contact number is +35725750555 and the official site is https://www.liteforex.eu/.
According to the provided data the broker is listed as 'Regulated' and holds a CYSEC Regulated Cyprus Forex Execution License (STP) 19. Public ratings show a WikiFX score of 4.89; the site's note explains that the score has been reduced because of a high volume of unresolved client complaints. Individual rating components include a high software score and lower scores in areas such as license and risk control.
This overview is a brief factual summary drawn from available broker facts. If you need up-to-date regulatory documents, license numbers or detailed disclosures, consult the broker's official website and the regulator.
Source: WikiFX dealer page — https://www.wikifx.com/en/dealer/6821266314.html
Account Types
CLASSIC
The CLASSIC account uses trading environment 'C'. It requires a minimum deposit of $50 and allows minimum trade sizes from 0.01 lots. Spreads start from 2.0. Deposits accepted for this account include Neteller, Skrill and VISA; withdrawal methods listed include VISA, Skrill and Neteller. Commission is not specified for this account type in the provided data.
ECN
The ECN account also lists trading environment 'C' and requires a minimum deposit of $50. Minimum trade size is 0.01 lots and spreads are advertised from 0.0. A commission applies on ECN accounts and is shown as 'From 5$ per lot'. Depositing and withdrawal methods for the ECN account include Neteller, Skrill and VISA.
Account specifications such as exact leverage, supported currencies, available trading instruments and platform compatibility are not fully detailed in the provided facts. Always confirm precise, up-to-date account terms and conditions on the broker's official website before opening or funding an account.
Deposits & Withdrawals
Deposit and withdrawal options listed for the broker include Neteller, Skrill and VISA. The minimum deposit for both CLASSIC and ECN accounts is shown as $50. Processing times, fees and any limits depend on the payment provider and the broker's operational policies, so check the official funding page for current details before making transfers.
| Method | Notes |
|---|---|
| Neteller | Available for deposits and withdrawals |
| Skrill | Available for deposits and withdrawals |
| VISA | Available for deposits and withdrawals |
Always verify fees and processing times on the broker's site and ensure your account verification is complete to avoid delays with withdrawals.
Frequently Asked Questions
Is LiteForex (Europe) regulated?
The provided facts indicate the broker is listed as 'Regulated' and includes a CYSEC Regulated Cyprus Forex Execution License (STP) 19. For full regulatory documentation and license details consult the broker's official website and the relevant regulator.
How do I open an account with LiteForex?
Begin on the official site (https://www.liteforex.eu/). Use the registration or sign-up flow, confirm your email, complete your profile and upload identity and address documents for KYC verification. Wait for verification before funding the account for live trading.
What is the minimum deposit required?
The account data provided shows a minimum deposit of $50 for both CLASSIC and ECN account types. Confirm current minimums and any regional differences on the broker's official site before funding.
How can I contact support for login or account issues?
Use the contact information on the official website and the phone number provided: +35725750555. For account-specific problems include your account ID, registered email and any relevant screenshots when you contact support.
LiteForex Review
Update Feb 9: Following my previous reports, LiteFinance has partially restored funds to two of my accounts (1***** and 1*****). This action is a clear admission that the 'C2R OUT' deductions were unauthorized and illegal. However, they are still refusing to refund the remaining $139.28 stolen from my other two accounts: Account 1*****: $134.42 (Stolen since 2025/07/11) Account 1*****: $4.86 (Stolen on 2026/02/02) I am attaching evidence showing the restored funds alongside the accounts that are still empty/deducted. It is unacceptable for a broker to settle a fraud case partially. If the deduction was wrong for two accounts, it is wrong for all of them. I will not lower the FRAUD rating until the final $139.28 is fully returned. Traders should beware: this broker only responds when under public pressure and tries to settle with the minimum amount possible." Exposure 02-09
This platform keeps saying it's "data-based," but it's all just a scam. I've been applying for a withdrawal for almost two weeks, and I haven't seen a penny! I was initially deceived by their promises of "accurate data and three-day withdrawals." I thought I'd invest some money to supplement my family's income, but as soon as I put my money into the platform, they pocketed it! Every time I contact customer service for an explanation, they say, "The data verification failed and I need to resubmit my information," or "The finance department is checking my transactions, so please wait." They can't finish checking for two weeks? It's clear they don't want to pay! Yesterday, I pushed them too hard, and they even said, "There were illegal transactions in my account and my funds were frozen!" I was just trading normally, so how could there be any violations? This is a clear scam!
From confidence to despair, the endless fluidity of the platform and shameless management. After four months of trading, I placed a buy order at 1.2630 for GBP/USD. At that time, the market volatility was stable, but the order was actually executed at 1.2671, with a slippage of 41 pips. Please remember that on legally compliant Thai forex platforms, slippage is generally controlled within 5-10 pips under similar market conditions. Even more shocking was earlier this month when the European Central Bank (ECB) announced its interest rate decision. I set a stop-loss at 142.50 for EUR/JPY to prevent significant losses. However, when the market fluctuated, the stop-loss was actually executed at 143.23, with a slippage of 73 pips. This single order cost me $3,200, which was two months of my savings. This platform, which relies on slippage fraud and lacks integrity, urges all Thai traders to be cautious and not fall victim to the same scam I did!