LiteForex review
LiteForex review: regulation (SIBA - Seychelles International Business Authority), minimum deposit 1, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 1
- Maximum leverage
- 1:500
- Minimum spread
- 0.0
- Platforms
- MetaTrader 4 (MT4) (MT5)
- Account currencies
- USD
Bonuses
- No deposit bonus
- Yes
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank Transfer Credit Card Debit Card Moneybookers WebMoney Neteller Cashu
- Withdrawal methods
- Bank Transfer Credit Card Debit Card Moneybookers WebMoney Neteller Cashu
Company
- Regulation
- SIBA - Seychelles International Business Authority
- Founded
- 2012
- Country
- Seychelles
- Address
- Kamil Staněk, Brněnsk� 139, Hrotovice, 67555Czech Republic (CZ, SVK) +420607665765
- Website languages
- English , French, German, Russian , Portuguese, Spanish, Chinese
- Phone
- 1-888-746-5619
- Email or Skype
- [email protected] Skype: affiliate_liteforex
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LiteForex pros and cons
Pros
- Regulated by SIBA - Seychelles International Business Authority
- Low minimum deposit: 1
- Raw spreads from 0.0
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
LiteForex FAQ
Is LiteForex a safe and regulated broker?
LiteForex was founded in 2012 and is regulated by SIBA - Seychelles International Business Authority. Client funds are held in segregated accounts. Your protection depends on which LiteForex entity opens your account.
What is the minimum deposit at LiteForex?
The minimum deposit at LiteForex is 1. Payment providers may set their own minimum amount.
What is the maximum leverage at LiteForex?
LiteForex offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does LiteForex offer a no deposit bonus?
Yes. LiteForex offers a no deposit bonus. Bonus terms change often, so confirm them on the broker's website.
Which trading platforms does LiteForex offer?
LiteForex supports MetaTrader 4 (MT4) (MT5). Mobile trading is available.
Does LiteForex allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does LiteForex offer an Islamic (swap-free) account?
Yes. LiteForex offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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LiteForex at a glance
- Reader rating4.2 / 5 (6 votes)
- RegulationSIBA - Seychelles International Business Authority
- PlatformsMetaTrader 4 (MT4) (MT5)
- Account currenciesUSD
- LanguagesEnglish , French, German, Russian , Portuguese, Spanish, Chinese
- Phone1-888-746-5619
- Email / Skype[email protected] Skype: affiliate_liteforex
- Head officeKamil Staněk, Brněnsk� 139, Hrotovice, 67555Czech Republic (CZ, SVK) +420607665765