Both downloadable platforms are user-friendly while the web terminal offers extensive customisation. They come with multiple chart types including, line, candlestick, and bars. MT5 offers more indicators and advanced analysis tools, including a built-in economic calendar, 21 timeframes, plus a Depth of Market feature. Still, MetaTrader 4 remains the most popular platform and has everything needed to implement successful trading strategies. LiteForex Investments Limited takes its fee from the spread. Spreads are specific to the account and asset being traded. The Classic account uses a spread based system and the ECN account, a commission-based system.
Spreads are generally competitive, although major currency pair spreads can be around 2 pips, which is relatively high. On major indices such as the FTSE , spreads begin at 1 point. Leverage up to is available. When signing up, users can select the leverage they desire.
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Mobile trading is available through the MT4 and MT5 platforms. Users get signals, news alerts, and a range of price analysis features for different trading strategies. The mobile apps are also easy to navigate and available in eight different languages. Deposit options include; Alipay, Yandex, and Dengi. Clients can also fund their accounts with cryptocurrencies, such as Bitcoin. Withdrawal charges are specific to the provider. LiteForex Investments Limited does offer a demo account which is a great way to test the broker and refine your trading strategy without incurring any risk.
The sign-up process is straightforward and an account opened in under a minute.
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LiteForex Investments Limited regularly offers promotions and contests. At the time of writing, it does not offer a welcome bonus or any promo codes. However, there is a promotional offer to get a rebate on deposit fees, so payments are essentially free. Did you spot a mistake?
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Balitok 23 February, Reply. Benjamin Kayemba 17 February, Reply. Nzuza 16 February, Reply. Unlock market coverage and price events across more than 35, currencies, stocks, indices and more! Amuda Saliu 5 February, Reply.
Worst broker of all time, to deposit is not a problem at all, but to withdraw is the biggest problem, I wouldn't recommend them to anyone. Muthoni 12 January, Reply. I wanted to give a try with this broker. Togo Sello Frans 5 October, Reply. This is the worst broker ever. I requested a withdrawal they are unable to approve my deposit. Shanice 2 September, Reply.
Dear Shanice, Specify your account number please. We will check everything. Best regards, representative of LiteForex.
System is currently down. And all I can do is watch my money loose coz I cannot come out of my trade. Their chat room is also unavailable. Myst 20 August, Reply.
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Dear Myst, Provide more details please and tell your account number. We need to check everything. It seems that I can't withdraw all of my deposits because it stated that my bank card is not verified. I can deposit, but can't withdraw at the same time using same bank card. I did contact clients support, but no reply. AJ 19 August, Reply. Dear AJ, Please be sure that you will not have any problems with withdrawal. LiteForex team will help you with any question. Services are awesome.