• LiteForex

Overview

LiteForex has a rating of 4.22 stars from 23 reviews, indicating that most customers are generally satisfied with their purchases. LiteForex ranks 123rd among Currency Trading sites.

  • Service
    5
  • Value
    5
  • Quality
    5
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How would you rate LiteForex?
Top Positive Review

“Using different strategies”

Ubaidu G.
7/7/22

I opened two accounts with this broker for different trading strategies. One of the strategies worked well and showed a high level of profitability. The second strategy did not fit, I got less profit than I wanted. But in any case, I trade profitably. And I take it out without a hitch. Some services are not convenient for me, while the general impression of the broker is positive. So I can give 4 stars

Top Critical Review

“Scam broker”

hamed a.
7/5/22

A big scam broker and need to be… A big scam broker and need to be… A big scam broker and need to be avoided at all costs This broker have ecn accounts, but their ecn is not real their chart is differnet from traiding view. Lots of manipulations and big slipages.on 23/06/2022 i opened a trade by this ticket #*******970 I was short on nzd/jpy at price rate 84.725. At 22:00 +4:30GMT they close my trade at 86.487. The rate that is 200 pip higher from the real chart. I contacted them and they told me they will check it out.and after two days they didnt answer and i contact them again and they told me its because of volatility. My trade account is MT5-ECN-5562136

Reviews (23)

Rating

Timeframe

Other

Thumbnail of user vinchetol
1 review
1 helpful vote
April 23rd, 2021

I decided to share my experience with this broker. I was surprised that several of my withdrawal requests were processed in 2 days. To be precise, I received one withdrawal in the amount of more than 1000 dollars in 8 hours. And the second larger amount in 29 hours. I like this service, the withdrawal of profit is an exciting moment and there is always a fear that something will go wrong as you want and think.

Service
Value
Quality
Thumbnail of user francinem3
20 reviews
14 helpful votes
December 1st, 2015

Not sure about them. I've tried a bit, but the withdrawal time is too long. I like though that they have both MT4 and 5. Some of the brokers just have 4 or 5 with no choice. I'm personally more used to the 4th version and I hate switching. I think I'll have to do it at the end of the day, but for now I'll stick with 4.

Thumbnail of user ubaidug
1 review
1 helpful vote
July 7th, 2022

I opened two accounts with this broker for different trading strategies. One of the strategies worked well and showed a high level of profitability. The second strategy did not fit, I got less profit than I wanted. But in any case, I trade profitably. And I take it out without a hitch. Some services are not convenient for me, while the general impression of the broker is positive. So I can give 4 stars

Products used:
Services

Service
Value
Quality
Thumbnail of user yuc19
13 reviews
26 helpful votes
January 31st, 2020

There is a demo mode I strongly suggest you activate first to get a hand of trading online, if it is your first time. LiteForex also has a manuscript for terms of service (AKA client agreement). Please please read the client agreement very very carefully, especially about withdrawal.

Thumbnail of user edwind46
1 review
1 helpful vote
April 20th, 2019

I have ECN account with this broker, I opened it a few months ago, so far they seem nice. All my entries and orders were executed without
Delays and any problems. They have good customer support also. The only downside is that if you are from USA you can not trade with this broker. I am from Canada. Other than that I have been doing good with LiteForex and I am pleased. They seem much better than some of the other brokers which I came across.

Thumbnail of user nazirs1
1 review
0 helpful votes
September 26th, 2018

I am really satisfied with liteforex. This broker is my first broker. They help me to become a good trader because i had a lot of stupid questions for their support and i got answers for all questions. Now I am trading with three brokers at the same time and i sure that liteforex is not bad broker and they have all for newbies and professionals.

Thumbnail of user enrikeg
1 review
1 helpful vote
January 11th, 2022

At the beginning of this year, I ran into difficulties accessing my account, but access was restored within 24 hours. This proves once again that I can trust this broker.

Service
Value
Quality
Thumbnail of user tomand
1 review
0 helpful votes
April 1st, 2018

I learned how to trade on forex market due to the possibility to trade on forex without investments by using demo account of the liteforex broker. I start to trade using real money, I hope I will succeed. After 1-2 months I will tell you about my trading experience on the CLASSIC account in LiteForex. I will set 4 stars at this moment.

Thumbnail of user hameda40
1 review
0 helpful votes
July 5th, 2022

A big scam broker and need to be…
A big scam broker and need to be…
A big scam broker and need to be avoided at all costs
This broker have ecn accounts, but their ecn is not real their chart is differnet from traiding view. Lots of manipulations and big slipages.on 23/06/2022 i opened a trade by this ticket #*******970
I was short on nzd/jpy at price rate 84.725. At 22:00 +4:30GMT they close my trade at 86.487. The rate that is 200 pip higher from the real chart. I contacted them and they told me they will check it out.and after two days they didnt answer and i contact them again and they told me its because of volatility.
My trade account is MT5-ECN-*******

Service
Value
Quality
Thumbnail of user mdm46
1 review
7 helpful votes
April 10th, 2019

Lite Forex (Worst Forex Broker)

Dear all, Please be informed that I have an Islamic account (Swap free) and commissionable in lite forex since 29 Jan 2019. I have a total deposited to my account USD 750 and I made the profit and the first week of April my balance is USD 1238. 58. On 8th April when I requested to withdraw the full amount of my money, they deducted USD 517.23 as swap charge but my account was swap free. They did not charge swap amount when I closed my trade but they did charge USD 517.23 after withdrawal. Even they did not inform me that they will charge swap after withdrawal and I lost USD 517.23.

So please stay away from lite forex to save your money.

Thumbnail of user martam26
1 review
0 helpful votes
December 3rd, 2017

A few months ago I opened an account with a LiteForex broker. After than i made deposit of the account I received a bonus. But as it turned out I can use the bonus only in the trade and can deduce the profit received from the bonus. I can not withdraw the bonus it upset me.

Service
Value
Quality
Thumbnail of user nazirf
1 review
1 helpful vote
February 2nd, 2020

I have been trading forex cryptocurrencies for several months, this broker is a good opportunity to use cryptocurrency and make money on it. The market has been moving slightly lately, but in Forex I can make money on any movement of the course. I am glad that there is such an opportunity.

Thumbnail of user time117
1 review
0 helpful votes
August 4th, 2016

LiteForex launched new Social trading platform, I tried to trade via this platform and it is cool because i can copy trades of successful traders

Thumbnail of user vickyv10
1 review
0 helpful votes
August 16th, 2016

I never had problems related to transactions as there are multiple payment systems which makes it convenient to make transactions. Its your convenience for choosing which payment system is most comfortable to you.

Thumbnail of user alanm150
1 review
1 helpful vote
August 27th, 2017

I took part in TOP 10 demo contest and won second place, but I waited for my prize for a week, I thought that they want to deceive me and all these competitions is not true, just to attract attention. But after 5 days I got my prize, I'm glad that there is such an opportunity. You can earn and practice. But i hope that people will get their prizes without long waiting

Thumbnail of user alifk1
1 review
1 helpful vote
January 29th, 2018

I am using the application with trading signals and analytics from LiteForex and it helps me in my trade. I'm glad that the this broker whom I chose helps traders improve their performance and make a profit. Try and you will be satisfied with the trading conditions.

Thumbnail of user talimt
1 review
1 helpful vote
March 19th, 2017

I was surprised by this broker, i had sent withdrawal request and i got my money during 3 hours. I thought that it usually take 3-5 days

Thumbnail of user jamese129
1 review
0 helpful votes
September 16th, 2017

I tried social trading, I liked that there is a demo access, I was surprised everything is transparent. But can not understand the principle of work and payment, i would like to have such service with more description of details

Thumbnail of user klarisl
1 review
0 helpful votes
January 3rd, 2017

LiteForex is a broker with innovative services and big bonuses. I trade with 2 brokers and liteforex is more better than other one. LiteForex have fast withdtawal i got my money during 2 days

Thumbnail of user susanr171
1 review
0 helpful votes
June 12th, 2017

I regularly read to the analyst this broker, I want it to be of better quality, while the forecasts coincide 50 to 50 or 60 to 40% in best way. I would like even more accurate analytics

Thumbnail of user violav2
1 review
0 helpful votes
February 12th, 2017

I am trader with big experience in forex trading. I trade with several brokers during 1 year and my favourite broker is liteforex. I always get my money in time and do not have any problems with terminals

Thumbnail of user jerryh78
1 review
2 helpful votes
November 6th, 2016

I trade with this broker, because i can trust them. I took part in bring a frined program and it profitable because i can get profit from trading of my referrals. Withdrawal of profit usually take 1-2 days

Thumbnail of user hannl
1 review
1 helpful vote
September 27th, 2016

I got 200% tradeble bonus from LiteForex, it unbeliveble because this bonus added to balance funds. With LiteForex i do not have any problems with my trading and withdrawls

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From the business

Online trading on forex market with minimal spreads on ECN and CENT accounts. Social Trading and copy trades system with no fees on deposits and withdrawals

Company Representative

Thumbnail of user liteforexr
LiteForex r.

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