Lite Forex Review

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Life Forex
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Overview

LiteForex is a forex dealer, which was founded in 2005. With the broker you can open an account as little as $1 and you get an interest of 3.5% on the balance of your account. Liteforex is a group of financial companies and it’s an official member of The Russian Association of Financial Market Members

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Details

Broker Life Forex
Website URL www.liteforex.org
Founded 2005
Headquarters Victoria, Mahe, Seychelles
Support Number 1 415 869 7000
Languages English, Russian, Chinese, Malaysian, German, Portuguese, Brazilian, Spanish, French, Turkish and Greek
Trading Platform MetaTrader4, MetaTrader4 Mobile, MetaTrader4 Mobile SE, MetaTrader4 MulitTerminal
Minimum 1st Deposit $1
Minimum Trade Amount 0.01 lots
Bonus Get Up to 30% Bonus on First Deposit
Leverage 1:100
Spread Fixed, 3 pips
Free Demo Account Yes
Regulated Yes
Regulation The Russian Association of Financial Market Members (RAFMM)
Account Types LiteForex Account: minimum deposit: $10 minimum lot size: $100 max leverage: 500:1 RealForex Account: minimum deposit: $10 minimum lot size: 1k max leverage: 200:1
Deposit Methods Webmoney, Liberty Reserve, Moneybookers, OK Pay, Perfect Money, Alertpay
Withdrawal Methods Webmoney, Liberty Reserve, Moneybookers, Alertpay, Bank Wire
US Traders Allowed No
Overall Score 3.8

Screenshots

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Full Review

LiteForex is a forex dealer, which was founded in 2005. With the broker you can open an account as little as $1 and you get an interest of 3.5% on the balance of your account. Liteforex is a group of financial companies and it’s an official member of The Russian Association of Financial Market Members (the RAFMM) whose number one priority is to provide safe execution of transactions.

 

LiteForex group of companies has received numerous awards, including: ShowFX ASIA 2010 – “The most stable broker in Asia”, World Finance – “Best Affiliate Program” and “Best Broker Africa” in 2011, as well as an honorable place in the “100 World Finance 2011” list.

 

LiteForex provides a free demo account and advanced trading tools – such as market analysis, trading history, and of course the ability to trade with a high leverage. The broker invested in the easily process of registration, deposit, and withdrawal processes as easy as possible. You can finance your account via bank wire, moneybookers, Webmoney, Liberty Reserve, and Alert Pay.

One of the benefits of LiteForex is their website that is on 14 different languages, a wide range of educational articles, state-of-the-art customer support solution, which is based on an advanced chat room. In addition to the live chat, you can keep in touch with broker by email and phone calls – you’ll receive a professional answers and advices on your inquiries.

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