Offshore forex brokerage LiteForex said on Friday it has expanding the offered trading instruments available for Cent accounts with the addition of stock indices.
In addition, the broker has canceled all fees for trading in oil and stock indices for all account types it offers.
Stock indices are highly liquid tools, providing for great trading opportunities.
LiteForex offers three types of trading accounts – ECN, Classic, and Cent. Cent accounts, also referred to as micro accounts, are handled the same way as any other account type with the exception that all their financial parameters, including deposits, profits and losses, are measured in cents. This type of account is suitable for novice traders or traders who want to test new strategies in live trading.
In addition to stock indices, LiteForex’s Cent accounts provide access to the markets for forex, oil, index and futures CFDs, metals.
LiteForex, set up in 2005, is a collective brand of LiteForex Investments Ltd., which is registered and regulated in the Marshall Islands, and Liteforex (Europe) Ltd., which holds a Cyprus license.