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Who is LiteForex?
LiteForex is an online FX and CFD broker founded in 2005, and based in Marshall Islands.
LiteForex runs Trading Contest and occasionally offers Deposit Bonus and some other Gifts.
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What you can invest/trade with LiteForex?
LiteForex offers both MT4 (MetaTrader4) and MT5 (MetaTrader5) trading platforms.
The available financial instruments are Forex pairs, Precious Metals, Oils, Indices, NASDAQ & NYSE Stocks and Cryptocurrencies.
The minimum spread starts from 0.1 pip for ECN account and 1.8 for Standard account.
The maximum leverage is 1:500 and NBP (Negative Balance Protection) is supported.
LiteForex adopts ECN (Electronic Communication Network) which guarantees No Re-quotes and No conflict of interests.
There is no restriction in terms of trading strategies on the platforms.
By signing up with LiteForex, traders can also benefit from 2.5% per annual interest on your margin in your account.
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Trading Account Types of LiteForex
LiteForex mainly offers 2 trading account types.
The differences of the account type are as follows.
| Account Type | ECN | Classic |
|---|---|---|
| Minimum Spread | 0.0 pips | 1.8 pips |
| Trading Commission | $5 per lot | None |
| Maximum Leverage | 1:500 | 1:500 |
| Trading Platform | MT4 and MT5 | MT4 and MT5 |
| Required Minimum Deposit Amount | $50 (USD, EUR, CHF, RUB, MBT) | $50 (USD, EUR, CHF, RUB, MBT) |
| Annual interest rate | 2.5% | 0.0% |
Advantages of LiteForex ECN Broker
A transparent ECN forex broker gives you a clear advantage.
Transparency gives you clear benefits when you trade Forex with LiteForex.
You know what you pay, you can rely on the integrity of your trades and you deal with a partner who works on your side and doesn’t trade against you.
LiteForex wants you to feel absolutely confident when you trade.
So they combine the utmost clarity with lightning-fast servers and exemplary service to give you a powerful FX trading experience.
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Why LiteForex’s ECN is great for Forex traders?
LiteForex is an ECN forex broker with distinct benefits.
- ECN transparency
As an ECN forex broker, LiteForex only works in your interest. LiteForex’s straight-through-processing (STP) model means zero interference, precise execution and total trading visibility. - Pricing clarity
Always know what you’re paying with complete transparency on pricing and commissions and enjoy flexibility with pricing models that best suit your trading demands. - Help and support
Your personal account manager gives you crucial backup when you need it by phone and email.
Advantages of LiteForex’s MT4 and MT5 accounts
When you trade forex, many factors contribute to a formidable trading environment so LiteForex sets you up with all the elements you need to give you a competitive edge.
LiteForex offers you both MT4 and MT5 trading platforms with the following merits.
- Tight spreads
Trade on over 60 Forex pairs with spreads as low as 0.0 pips. - Flexible pricing
Choose either an ECN Commission Free or ECN account. - Ultra-low latency
Lightning-fast trading through trading and liquidity servers co-located in London. This colocation has given them a 10x speed boost. - Trade wherever, whenever
Trade seamlessly on desktop, mobile and tablet for complete trading freedom. - Expert Advisers accepted
LiteForex allows automated expert adviser (EA) ‘bots’ to be programmed to trade for you, a facility not all providers offer. So you get more time to finesse your strategy.
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Switch to LiteForex for complete transparency
If you haven’t experienced the difference that an ECN forex broker makes, you should try LiteForex.
Not only do you get a first-class personal service when you need it, you also get the latest technology for stability and fast execution.
Match this with flexible pricing and trading options and see why so many traders from around the world now value the edge that international traders have enjoyed for over the years.
Based on your trading style and volume, you decide which fee structure suits you best so your profits are not eaten up by charges.
Comment by Rodrigo Santos
May 13, 2021
An excellent broker, with very very low spreads and excellent speed in the execution of operations. I recommend it.