Also, LiteForex Investments Limited runs a ‘Dream Draw’ with a prize fund of $350,000 and a Video Blogger contest with a prize pool of $1,000. The broker xcritical cheating also runs trading contests with cash prizes up to $4,000. Alternatively, the WebTrader interface lets you trade directly from an online browser.
- Both of the trading platforms is compatible with Windows PC, MAC and mobile devices such as Android phone, tablet, iPhone and iPad.
- Depositing and withdrawing funds is also straightforward and should pose no difficulties to traders regardless of their experience level.
- In order to cater to so many nationalities, the website and trading platform work in English and 14 additional languages.
- Liteforex Investment Company offers two types of accounts; CLASSIC and ECN types of trading account.
- These trading platforms include; MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the web-terminal.
Forex traders focused primarily on major and exotic currency pairs will benefit from competitive spreads and a transparent fee structure while using the industry-standard MetaTrader platform. LiteForex users can choose between MetaTrader 4 and MetaTrader 5 as platforms for their trading activities. This ensures data privacy and software stability while granting users access to mobile and desktop trading 24 hours a day. The broker’s excellent customer service (which is available day and night most days of the week) adds an extra element of reliability to an already impressive service offering. For investors who want to copy accounts of professional and profitable traders, LiteForex’s Social Trading platform is available, which provides 4 ways of copy trading. It is a great way to get to grip on the MT4 and MT5 platforms and to explore different strategies.
Последние новости LiteFinance
There are a good range of tradeable forex and CFD assets, plus the MT4 & MT5 platforms. The website is easy to navigate, the support function easily accessible and there are multiple free analysis tools. The LiteForex Investments Limited brand is largely inclusive and despite its international presence, remains tailored.
All these platforms are there to give you an awesome experience when trading. It should be noted that LiteForex applies a slightly different cost structure to its two account types. The Classic account features https://scamforex.net/ 0% commissions with the spreads, including a markup, as outlined above. However, the ECN account, which is aimed at professional and institutional users, charges a flat commission of $5 per round trip per lot.
The LiteForex site features extensive information about the account types and assets available to buy and sell using its platform. Customer service contact information is prominently displayed for smooth communication with the support team. LiteForex Investments Limited is a legitimate broker with a lot to offer.
Can I trade in Shares via LiteForex App?
LiteForex Investments Limited offers an automatic withdrawal feature that enables traders to withdraw funds up to $100 per day within 24 hours and is available on Skrill, Perfect Money, and Neteller. Note LiteForex (Europe) Ltd operates as a separate broker offering trading services to clients from Europe. LiteForex offers free downloads for apps to trade in mobile devices and tablets.
The main goal of this site is to provide quality reviews, comparison, and other brokers information that allows traders to make reliable choice when choosing a broker. In response to how LiteForex Investments Limited compares to FXTM, XM, OctaFX, HotForex, or FBS; traders should research thoroughly but this brand has a strong history and is a credible option. The minimum deposit for all accounts is $50 and payments are usually processed on the same day. Clients can also fund their accounts with cryptocurrencies, such as Bitcoin.
On the plus side, LiteForex Mobile App offers a large range of assets and trading tools. The company offers clear and trustworthy trading systems with cent, STP, and ECN accounts. You can choose from a wide range of credit/debit cards, electronic transfer systems, bank wire transfers, and cryptocurrencies to load your forex trading account. Besides being the fastest growing online forex broker in Asia and Western Europe, LiteForex has won several industry awards, such as the Best Broker in Asia, Africa, and Latin America. Also, “World Finance,” a leading financial magazine in Britain, has included LiteForex into its “100 World Finance” list. Account holders can choose between MetaTrader 4 and MetaTrader 5 as a trading platform.
LiteForex App – Review, Top Features, Benefits, Set-up Process & more
The Classic account uses a spread-based system and the ECN account, a commission-based system. The company provides expert tips and strategies for better chances of successful trading. The Android App version of LiteForex Android App includes daily analyses and trading strategies from the experts. The comprehensive Forex and CFD instruments have immense international appeal with clients spread across most of the world.
Does LiteForex offer copy trading?
Both platforms are highly sophisticated and accommodate the needs of
both beginner and experienced traders. However, because LiteForex only
provides trading in the forex markets, both platforms will do. If you are unsure about forex trading, we suggest that you open a demo account and spend some time getting trained for live trading. LiteForex takes good care of its clients and offers excellent customer support through social networking sites, 24-hour live support, online contact form, and live chat.
LiteFinance
You will be required to contact the customer support team to have the issue addressed. To open a demo account, you have to click on the blue Demo Account tab. LiteForex Investments Limited, the online broker’s parent company, is regulated and authorized in Marshall Islands in compliance with the Marshall Islands Business Corporation Act.
Their main promotion is MT4 and MT5 demo trading contest to win from $10,000 prize pool every month. NBP (Negative Balance Protection) is supported thus LiteForex’s investors are protected from the exceeded losses. LiteForex is an online FX and CFD broker licensed by multiple regulatory authorities including CySEC.
MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. A dedicated to the client reputed and licensed online trading platform, LiteForex Trading App includes a vigorous system of functions to enable smart and safe trading. Convenient electronic xcritical systems enable topping up trading funds and withdrawals easily. Internal transfers allow clients to transfer funds between trading accounts without hassles. It is a community of traders who help each other with knowledge and experiences. Copy-trading increases confidence and incomes in trading practices.
Today, Liteforex offers three trading platforms in both demo and real accounts. These trading platforms include; MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the web-terminal. Overall, LiteForex is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering. LiteForex has a track record of more than 15 years in the online brokerage industry with offices in jurisdictions worldwide.