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LiteForex

Tradomatix TrustScore™:

3.59

(445 Reviews)

5-star

57.75%

4-star

5.62%

3-star

4.49%

2-star

3.37%

1-star

28.76%
Replied to 79.65% of reviews
Typically replies within 36.64 hours

About LiteForex

LiteForex offers ECN access on MetaTrader 4 and MetaTrader 5 alongside web and mobile platforms. The range covers stocks and precious metals, with a limited selection of two currency pairs for FX exposure. Trading is provided with variable spreads and no commission, and leverage is capped at 1:30. Hedging and scalping are permitted, while swap-free accounts are not available. Accounts can be opened in USD or EUR, with a minimum deposit of 50 and a demo environment for testing strategies. Funding methods include bank wire, debit card, Neteller, and Skrill. Liteforex (Europe) LTD operates as a Cyprus Investment Firm authorised by the Cyprus Securities and Exchange Commission (CySEC) under MiFID and participates in the Investor Compensation Fund, which insures client funds up to EUR 20,000. The platform lineup and account features support discretionary and algorithmic workflows on MT4 and MT5 for users who rely on technical tools and automated strategies.

Regulation & Security

Liteforex (Europe) LTD is a Cyprus Investment Firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) and operates in accordance with MiFID. The broker is a member of the Investor Compensation Fund, which insures client funds up to EUR 20,000.

Account and Setup

Accounts can be denominated in USD or EUR, with a minimum deposit of 50. A demo account is available for practice and platform familiarization. Clients can trade via the web platform, mobile platform, and MetaTrader 4 and 5. The setup follows an ECN model.

Funding Options

Deposits and withdrawals are available via bank wire transfer, debit card, Neteller, and Skrill.

Bot & API Compatibility

MetaTrader 4 and MetaTrader 5 support Expert Advisors for automated trading. Hedging and scalping are permitted, which accommodates a range of EA strategies. There is no native API connectivity.

Trading Conditions& Restrictions

Leverage is set at 1:30. Trading features variable spreads with no commission and an ECN model. Minimum and maximum trade sizes range from 0.01 to 100.0 lots. Hedging and scalping are allowed. Swap-free accounts are not offered. OCO orders are not available. Available instruments include stocks and precious metals, and the FX lineup comprises two currency pairs.

LiteForex Reviews

( 445 )

LiteForex Reviews

( 445 )

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