LiteForex

Risk warning: 83% of retail CFD accounts lose money


LiteForex Review

Author bio.

Stéphane BottineStéphane has worked in financial services since 2005, within capital markets and investment banking. He graduated from the London School of Economics and HEC Paris.

FCA Register

Updated on: 1 November, 2020

  • Awards
  • Best Forex Broker Africa, 2011
  • Best Client Service, 2011
  • Best Retail Forex Provider, 2010
  • Pros
  • Receive 2.5% interest on surplus funds in your account.
  • Trade on Metatrader 4 on Metatrader 5.
  • All trading strategies are allowed (ECN account).
  • Free technical and fundamental analysis (Claws&Horns).
  • Social trading platform.
  • Cons
  • You cannot buy shares or cryptocurrency.
  • No CFDs on stocks, cryptocurrency, commodities or ETFs.

2 Accounts

LiteForex

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
  • 1:500 Leverage (EUR/USD) ?
  • 2 Pips (EUR/USD)
  • $ 0 Commission / lot
  • More ▼
  • Open account ▷
    83% of retail CFD accounts lose money

LiteForex

ECN Account
  • Trade Forex on floating spreads from 0 pips plus commission on MT4 or MT5. 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
  • 1:500 Leverage (EUR/USD) ?
  • 0 Pips (EUR/USD)
  • $ 5 Commission / lot
  • More ▼
  • Open account ▷
    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.

Visit website ▷

83% of retail CFD accounts lose money

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.

Visit website ▷

83% of retail CFD accounts lose money

Make a deposit using your credit or debit card and LiteForex will reimburse any fees paid.

Visit website ▷

83% of retail CFD accounts lose money

Diversify your investments across a wide range of asset classes. Trade Forex as well as CFDs on precious metals, oil and world indices with LiteForex from a low $50 initial deposit.

  • Forex: 56 currency pairs and cross-rates.
  • Precious metals: CFDs on the price of gold and silver.
  • 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.
  • Cryptocurrencies: CFDs on the price of Bitcoin, Ethereum, Monero, Ripple and many other altcoins.
  • Energies: CFDs on the price of Brent and Crude oil.
  • Asset classes
  • Forex (CFD)
  • Indices (CFD)
  • Metals (CFD)
  • Energy (CFD)
  • Asset classes (#)
  • Forex (CFD)56
  • Indices (CFD)11
  • Metals (CFD)4
  • Energy (CFD)2

Trading platforms

Get market execution and no-requotes with a LiteForex Classic or an ECN account. Visit LiteForex.com for more information.

  • Classic account: trade on floating spreads with 5-decimal pricing and market execution with a LiteForex Classic Account. Choose between MetaTrader 4 and MetaTrader 5. This account supports automated strategies.
  • ECN Account: trade on spreads from 0.4 pips plus commission with an ECN account. Get pricing up to the 5th decimal and depth of market information from 4 liquidity providers. This account allows all trading strategies, including scalping or news trading.

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 LiteForex account. This service is available free of charge for LiteForex clients.

All accounts are available in Islamic format upon request. LiteForex will never charge swap fees on these accounts' overnight balances. Open an account online and reach out to your LiteForex account manager before placing your first trade.

LiteForex's clients get 24h technical support 5 days a week both online and over the phone. Support is available in Arabic, Brazilian, English, Indonesian, Malay, Spanish and Pakistani. The company also has representatives in 12 countries. Visit LiteForex.com to find out more.

  • Trading platforms
  • MetaTrader 4
  • MetaTrader 5
  • Copy trading
  • Mirror trading
  • Operating systems
  • Web trader
  • Android
  • iOS

Account funding

Note: payment methods depend on the entity with which you open an account, as well as your country of residence. Please visit the company's website for all payment methods.

  • Deposits and withdrawals
  • Bank transfer
  • Credit card
  • Debit card
  • Alipay
  • Bitcoin
  • Bitcoin Cash
  • Bitcoin Gold
  • bitwallet
  • CashU
  • China UnionPay
  • Ethereum
  • Litecoin
  • Monero
  • MoneyGram
  • MTS.ru
  • NETELLER
  • OKPAY
  • Payeer
  • Perfect Money
  • QIWI Wallet
  • Skrill
  • WebMoney
  • Western Union
  • Yandex.Money
  • Account base currencies
  • CHF - Swiss Franc
  • EUR - Euro
  • GBP - British Pound
  • PLN - Polish Złoty
  • RUB - Russian Rouble
  • USD - U.S. Dollar

Regulators

LiteForex 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.
  • Liteforex Investments Limited provides services to residents of all other countries where CFD trading is legal, with the exception of the USA, Israel, and Japan.
  • Company information
  • Company nameLiteForex Investments Limited
  • Head officeMarshall Islands
  • Incorporation date2005
  • Regulators
  • E.U.CySec No 093/08

83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.