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LiteForex

LiteForex

Instruments

Diversify your investments across a wide range of asset classes. Trade Forex as well as CFDs on precious metals, oil and world indices with LiteForex from a low $50 initial deposit.

  • Forex: 56 currency pairs and cross-rates.
  • Precious metals: CFDs on the price of gold and silver.
  • Shares and indices: CFDs on a wide choice of shares listed on the world's largest stock exchanges (NYSE, NASDAQ, XETRA, and MOEX), as well as CFDs on leading American, European, Australian and Asian stock indexes.
  • Cryptocurrencies: CFDs on the price of Bitcoin, Ethereum, Monero, Ripple and many other altcoins.
  • Energies: CFDs on the price of Brent and Crude oil.

Accounts

Get market execution and no-requotes with a LiteForex Classic or an ECN account. Visit LiteForex.com for more information.

  • Classic account: trade on floating spreads with 5-decimal pricing and market execution with a LiteForex Classic Account. Choose between MetaTrader 4 and MetaTrader 5. This account supports automated strategies.
  • ECN Account: trade on spreads from 0.1 pips plus commission with an ECN account. Get pricing up to the 5th decimal and depth of market information from 4 liquidity providers. This account allows all trading strategies, including scalping or news trading. In addition, LiteForex will pay 2.5% interest into your account.

All accounts come with full access to the Claws & Horns forex news and analytical service. Get access to Forex signals, an economic calendar, news and tools from your LiteForex account. This service is available free of charge for LiteForex clients.

All accounts are available in Islamic format upon request. LiteForex will never charge swap fees on these accounts' overnight balances. Open an account online and reach out to your LiteForex account manager before placing your first trade.

Platforms

LiteForex (LiteForex.com) supports MT4 and MT5 for its Classic account. However, its ECN account is only available through MT4. Although MetaTrader 4 is designed for Windows, you can also run it on Mac OS devices through Wine, an emulator.

Awards

Since coming to market in 2005, LiteForex has won several awards and a mention in the "Top 100" companies compiled by the World Finance magazine.

  • Best Forex Broker, Africa 2011 from World Finance
  • Best Client Service 2011 at the International Investment & Finance Exposition
  • Most reliable broker in Asia 2010 at the ShowFX World exhibition
  • Best Forex Broker in Nigeria 2010, by the Online Forex Traders Association of Nigeria.

Customer service

LiteForex's clients get 24h technical support 5 days a week both online and over the phone. Support is available in Arabic, Brazilian, English, Indonesian, Malay, Spanish and Pakistani. The company also has representatives in 12 countries. Visit LiteForex.com to find out more.

Overview

  • Asset classes
  • Forex
  • Gold and Metals
  • Oil and Energy
  • Commodities
  • Stocks
  • Indices
  • Bonds
  • Securities
  • Forex CFDs
  • Forex Futures
  • Forex Options
  • Demo account
  • Has a demo?

Trading platforms

  • Trading platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • Currenex
  • ZuluTrade
  • Copy trading
  • Mirror trading
  • Web or PC
  • Software download
  • No download
  • Mac friendly
  • Apps
  • Android
  • iPad
  • iPhone

Funding Methods

  • Deposits & Withdrawals
  • Bank transfer
  • Credit card
  • Debit card
  • Alipay
  • Bitcoin
  • Boleto
  • CashU
  • China UnionPay
  • DixiPay
  • FasaPay
  • FilsPay
  • MoneyGram
  • MTS
  • NetBanx
  • NETELLER
  • OKPAY
  • PayCo
  • Payeer
  • PayPal
  • paysafecard
  • Paysbuy
  • Payza
  • Paxum
  • Perfect Money
  • Przelewy24
  • Qiwi Wallet
  • Skrill
  • SorexPay
  • Ukash
  • WebMoney
  • Western Union
  • Worldpay
  • Yandex Money

Company

  • Company information
  • Regulators
  • Segregated accounts

Classic Account

Open account

ECN Account

Open account
ReviewNANA
PlatformsMT4, MT5MT4
ExecutionNDD, STPNDD, STP, ECN
Cashback
SpreadsFloatingFloating
Min. deposit$NA$NA
5 decimals
Leverage (up to)NANA
Commission / lot$NA$NA
Min. trade size (lot)NANA
Max. trade size (lot)NANA
Max. open positionsNANA
Margin call (%)NANA
Stop out level (%)NANA
Islamic account
Interest on balances (%)NANA

Please visit the broker's website for their terms and conditions.

Best of the Best Demo Contest (US$ 10,000)

Every month, LiteForex rewards the 5 best demo traders with cash prizes totalling US$ 10,000. Open a demo account to get started.

Get your Deposit Fees Back

Make a deposit using your credit or debit card and LiteForex will reimburse any fees paid.