Each spread has a specific fee assigned to it based on the account and the asset being traded. The Classic account holders get charged with a spread-based fee while the ECN account holders get charged based on commission. The overall commission is charged at an average of $5 per lot. LiteForex’s spreads limefx scams are quite competitive, but some major forex pairs get a spread of 2 pips, which is considerably high. The spreads and commissions offered by the company are based on a unique fee structure. According to online trader reviews, the EUR/USD spread starts very low at 0.0 pips for the ECN account holders.

liteforex review

When you select a expert traders, you have the option to filter them based on portfolio, trading history, profits, etc. You can withdraw money from the trading account via your Client Profile in the “Finance” section, using the same payment systems that have been used to top up the account. Please take note of the Company’s AML Policy , and the level of verification required for different types of withdrawals. A local deposit/withdrawal represents the possibility to deposit/withdraw money through LiteForexs representative in your region.

Is Lite Forex Investments A Market Maker?

Spreads and commissions create the fee structure at LiteForex. The EUR/USD spread commences as low as 0.0 pips in the ECN account but for a commission of $10.00 per lot. It may increase to $30.00 per lot, depending on the currency pair. Commodity CFDs cost between $0.50 and $20.00, cryptocurrencies $0.50, and equity CFDs $0.25 per share.

liteforex review

100% Deposit Bonus – Receive a 100% Bonus on Deposits (Max Bonus $5,000). To submit your own Forex Broker review please fill in the form below. Your review will be checked by a moderator and published on this page. Regardless of the way you choose – become a trader, a partner, or an investor – we’re always ready to provide advantageous cooperation terms. To leave a review about LiteForex, register on the Traders Union website or you can also leave a review through Facebook. LiteForex guarantees the confidentiality of personal data and security during transactions.

Is Lite Forex Investments A Con?

The broker is focused mostly on professional traders, as evidenced by a relatively high initial deposit and the absence of cent accounts. I would like to point out the transparency of the broker’s trading liteforex review conditions as there are no pitfalls or hidden commissions. There are no restrictions on scalping, hedging, or the use of trading advisors. LiteForex is an good broker, one of the few good on the market.

liteforex review

These instruments are quite suitable for new retail traders. The company is actively expanding its trading capabilities and is currently advertising on its homepage that it supports over 145 assets. Since LiteForex’s tradable assets grow continuously, more assets are expected to be added to its bandwagon in 2021 and beyond.

Trading Type

I just left Liteforex because of the lame support and the fact that withdrawals take too long. I’m afraid staying in a position without getting quick support if there are problems. Overall there are a lot of good experiences and only a few negative experiences. This is pretty strange because if there’s so much positive response why don’t you hear more about this broker? The major reason should be that Liteforex is very passive with their marketing unlike eToro, AvaFX, ForexPro or others. After conducting in-depth research on the LiteForex online trading brokerage, it’s evident that the broker is highly competent and very reliable.

We hope you found our review of the Lite Forex Investments brokerage firm useful. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up. The minimum deposit to trade with Lite Forex Investments is 10000. If you would like to see how Lite Forex Investments stands up against other brokers you can read some of our Lite Forex Investments comparisons below. We compare side by side some of our top rated Lite Forex Investments versus comparisons.

Amazing Company

From its live trading features to its competitive spreads, the broker ranks high on almost every review parameter. With regards to multiple user reviews, the Classic account is much more simple and profitable than the ECN account. However, large volumes of trading units can be executed from the ECN account only. However, liteforex review there is a high risk of losing money while trading with the ECN account. All the LiteForex trading accounts correspond to different web servers, making it impossible to switch the account type after its opening. Hence, clients are compelled to delete the existing cent accounts to open different account types.

Does JustForex have Nasdaq?

“US100 (NASDAQ)” Trading Contest Rules: Every client can use only one of their Pro or Raw Spread accounts for participation in the contest. Make a deposit of $100 on Raw Spread or Pro account.
US100 (NASDAQ) Trading Contest.Rating#NicknameProfit Points411468860.009 more rows

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