LiteForex · Cyprus
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!
Risk Management Index
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.
License Type:Straight Through Processing(STP)
Regulated in Country/AreaCyprus
Regulatory License No.：093/08
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :124 Gladstonos Street, The Hawk Building, 4th floor, 3032, Limassol
Phone Number of Licensed Institution :35725750555
Most visited countries/areas
The data are from WIKI Research 2021.06.21 updated
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LiteForex · Cyprus
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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.
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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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.
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