Lite Forex

Briefly about the company

LiteForex has been providing brokerage services in the foreign exchange market since 2005. The LiteForex group of companies includes the following organizations:

  • LiteForex Investments Limited – registered in the Marshall Islands (number 63888) and regulated under the Marshall Islands Business Corporation Act.
  • Liteforex Europe Limited (formerly Mayzus Investment Company) – registered as a Cyprus Investment Company (number HE230122) and regulated CySEC under number 093/08.

Regulatory organization

LiteForex operates in accordance with the Markets and Financial Instruments Directive (MiFID). The company is also regulated by CySEC (number 093/08).

Company Services

The company’s clients can use the following services:

  • Forex trading
  • Investment
  • Partnership programs
  • VPS server

Account types

There are four types of accounts for trading: CENT, CLASSIC, ECN, as well as demo accounts and Islamic accounts without swaps. Let’s take a closer look at each of the trading accounts:

CENT

  • Spread: floating, from 3 pips
  • Leverage: 1: 1 – 1: 1000
  • Minimum deposit: $ 10
  • Account currency: USD cents, EUR cents, CHF rappen, RUB kopecks
  • Execution: Instant Execution
  • Minimum lot: 0.01
  • Minimum step: 0.01
  • Maximum number of orders: 200
  • Margin Call Level: 100%
  • Stop Out level: 50%
  • Platform: MT4 / MT5

CLASSIC

  • Spread: floating, from 1.8 pips
  • Leverage: 1: 1 – 1: 500
  • Minimum deposit: 50 $
  • Account currency: USD, EUR, СHF, RUB, GBP, PLN
  • Execution: Market Execution
  • Rate,% per annum: 3.5
  • Minimum lot: 0.01
  • Minimum step: 0.01
  • Maximum number of orders: no limit
  • Margin Call Level: 50%
  • Stop Out level: 20%
  • Platform: MT4 / MT5

ECN

  • Spread: floating, from 0.9 pips
  • Leverage: 1: 1 – 1: 400
  • Minimum deposit: 50 $
  • Account currency: USD, EUR, СHF, RUB, GBP, PLN
  • Execution: Market Execution
  • Rate,% per annum: 7.5
  • Minimum lot: 0.01
  • Minimum step: 0.01
  • Maximum number of orders: no limit
  • Margin Call Level: 20%
  • Stop Out level: 10%
  • Platform: MT4

Trading instruments

LiteForex clients have at their disposal an impressive list of trading instruments, including currency pairs (56), precious metals (2), CFDs on shares (37), indices (12), oil and bitcoin trading.

Trading platform

The company provides its clients with the opportunity to work on the classic trading platforms MetaTrader 4 and MetaTrader 5 or on mobile versions for iPad, iPhone and Android. Also, customers are offered the opportunity to work through the Metatrader 4 WebTerminal trading platform based on HTML5. This terminal does not need to be downloaded and assumes “one-click trading”.

Investment opportunities

Clients are invited to become an investor by opening an investment account on the automated platform for copying transactions “Social Trading”. The platform allows you to copy the trading of experienced traders, whom the client himself selects from the presented rating. In addition, there is an opportunity to share information with other traders and communicate with providers.

Partnership programs

LiteForex offers five types of affiliate programs:

  • Rebate – makes it possible to receive a reward of up to 15% for each transaction of an attracted client who followed the referral link, up to 10% for each transaction of a sub-partner.
  • CPL – a partner receives a commission of up to 25% for each new attracted client who clicked on the referral link and 10% for each attracted client who became a sub-partner.
  • CPS – for every 50 transactions by the attracted client, the partner receives a reward of $ 50, as well as 10% of the profit from his sub-partners.
  • White Label – enables a client working under his own brand to use the trading conditions and technologies of LiteForex.
  • Regional representative – enables individuals and legal entities to work on behalf of LiteForex and receive partner rewards.

Note that the company periodically runs bonus and competition programs.

Account deposit / Account withdrawal

Funds are deposited and withdrawn via Litecoin, Bitcoin, QIWI Wallet, Neteller, Skrill, OKPAYPerfect money, Yandex money, Wallet one, bank transfer, Visa / MasterCard credit and debit cards.

Additional services

For the smooth operation of a trading terminal, in particular, automatic trading systems, regardless of the connection, the company offers its customers to use a VPS server.

Regional restrictions

At the moment LiteForex Europe Limited does not provide services to residents of the USA, Israel, Belgium and Japan. In addition, CENT accounts are not available for clients who are residents of the following countries: India, Philippines, United Arab Emirates.

The broker is regulated by the following regulators:

CySEC, MiFID

One thought on “Lite Forex

  1. мой реферал остался не довольным кописервисом в Лайте и перестал вообще с ними работать. Ну и у меня соответственно доход упал (( Сказал что управляющие трейдеры не такие профи какими кажутся и в их интересах слить вас побыстрее. Хотя я не вижу в чем у них выгода может быть, если это такие же трейдеры как и все остальные, только с большим опытом? в любом случае из-за несовершенства системы я потерял доход в лице ушедшего от меня реферала (

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