LiteFinance (ex LiteForex)
By Stefan on 03/10/2023
Trade CFDs on a wide range of markets on M4/5, with leverage up to 1:1,000 through LiteFinance.com. LiteFinance accepts all EAs and trading styles, including scalping and news trading. It's also the only broker that we know of, that pays up to 20% interest on your savings.
- Pros
- Receive up to 20% interest on non-trading savings.
- Trade on Metatrader 4, 5, or cTrader.
- All trading strategies are allowed (ECN account).
- Free technical and fundamental analysis (Claws&Horns).
- Copy trading accounts are also available.
- Cons
- You cannot buy shares or cryptocurrency (only CFDs).
- No CFDs on stocks, cryptocurrency, commodities or ETFs.
- Awards
- Best ECN Broker Africa 2020
- Best Copy Trading Platform Southeast Asia 2020
- Best Trade Execution Middle East 2019
Classic Account
- Trade Forex on floating spreads from 2 pips on MT4 or MT5. Get started from a low $50 deposit. Market execution with no requotes.
- $ 50 Minimum deposit
- 1:1000 Leverage (EUR/USD)
- 2 Pips (EUR/USD)
- $ 0 Commission
- More ▼
- Open account ▷Risk warning: 83% of retail CFD accounts lose money
ECN Account
- Trade Forex on floating spreads from 0 pips plus commission on MT4, MT5 or cTrader. Get started from a low $50 deposit. Get market execution with no requotes. LiteForex pays 2.5% interest per annum on the balance of your account.
- $ 50 Minimum deposit
- 1:1000 Leverage (EUR/USD)
- 0 Pips (EUR/USD)
- $ 5 Commission
- More ▼
- Open account ▷Risk warning: 83% of retail CFD accounts lose money
Important: please visit the broker's website for their terms and conditions.
Every month, LiteForex rewards the 5 best demo traders with cash prizes totalling US$ 10,000. Open a demo account to get started.
Access free technical and fundamental analysis from Claws&Horns when you open an account with LiteForex. This also includes a weekly video podcast discussing long-term forecasts for each of the major currency pairs. Become a LiteForex client to get full access.
Make a deposit using your credit or debit card and LiteForex will reimburse any fees paid.
Diversify your investments across a wide range of asset classes. Trade Forex as well as CFDs on precious metals, oil and world indices from a low $50 initial deposit with LiteFinance (formerly LiteForex).
- Forex: 56 currency pairs and cross-rates.
- Shares and indices: CFDs on a wide choice of shares listed on the world's largest stock exchanges as well as CFDs on leading American, European, Australian and Asian stock indexes.
- Energies: CFDs on the price of Brent, WTI and natural gas.
- Precious metals: CFDs on the price of gold, silver, palladium and platinum.
- Asset classes
- Forex (CFD)
- Stocks (CFD)
- Indices (CFD)
- Metals (CFD)
- Energy (CFD)
* Availability subject to regulation.
- Asset classes (#)
- Forex (CFD)56
- Stocks (CFD)100+
- Indices (CFD)11
- Metals (CFD)4
- Energy (CFD)3
Get market execution and no-requotes with a Classic or an ECN account.
- Classic account: trade on floating spreads with 5-decimal pricing and market execution with a Classic Account. Choose between MetaTrader 4, 5 and LiteFinance's own trading platform. This account allows automated trading.
- ECN Account: trade on floating spreads from 0.4 pips plus commission. Get low spreads and strong execution through 4 liquidity providers. Choose between the MetaTrader 4, 5 and cTrader platforms. LiteFinance accepts all trading strategies, including scalping or news trading under this account.
All accounts come with full access to the Claws & Horns forex news and analytical service. Get access to Forex signals, an economic calendar, news and tools from your account. This service is available free of charge for LiteFinance clients.
All accounts are available in Islamic format upon request. LiteFinance doesn't charge swap fees on these accounts' overnight balances. To open such an account, open a Classic or an ECN account online, and contact your account manager before placing your first trade.
LiteFinance clients get 24h technical support 5 days a week both online and over the phone. Support is available in English, Arabic, Brazilian, Indonesian, Malay, Spanish and Pakistani. Visit LiteFinance.com to get started.
- Platforms
- MT4
- MT5
- cTrader
- Copy trading
- Mirror trading
- Operating systems
- Web trading
- Android
- iOS
The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company's website for a list of all payment methods.
- Deposits and withdrawals (Fiat)
- Bank transfer
- Credit card
- Debit card
- Alipay
- bitwallet
- CashU
- MoneyGram
- MTS.ru
- Multibanko
- NETELLER *
- OKPAY
- Payeer
- Perfect Money
- QIWI Wallet
- Skrill *
- WebMoney
- Western Union
- Yandex.Money
- 2c2p
* Availability subject to regulation.
- Deposits and withdrawals (Crypto)
- BTC - Bitcoin
- BCH - Bitcoin Cash
- BTG - Bitcoin Gold
- ETH - Ethereum
- LTC - Litecoin
- Account base currencies
- CHF - Swiss Franc
- EUR - Euro
- GBP - British Pound
- PLN - Polish Złoty
- RUB - Russian Ruble
- USD - U.S. Dollar
Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.
LiteFinance serves its clients through two regulated entities:
- Liteforex (Europe) Limited provides services only to the residents of countries from the European Economic Area (EEA), United Arab Emirates and Marshall Islands.
- LiteFinance Global LLC, a company registered in St. Vincent & the Grenadines. This company does not provide services to the residents of the European Economic Area (EEA), the USA, Israel, Japan, Russia, and a few other countries.
- Regulated entities
- Cyprus (EU)Liteforex (Europe) Limited (CySec No 093/08)
- Saint Vincent and the GrenadinesLiteFinance Global LLC (931 LLC 2021)
Are you looking for an alternative to LiteFinance? See how LiteFinance compares against each of the following brokers.