LiteForex Review: Non-regulated MT4 forex broker

liteforex-250LiteForex is an offshore broker offering trading in a wide range of currency pairs and CFDs. Its clients may choose between fixed and variable spreads, MetaTrader 4 and MetaTrader 5, and several different account types.

Despite its non-regulated status, LiteForex is a reputable broker with more than 10 years of experience on the forex market which has been included in Britain’s leading financial magazine World Finance «100 World Finance» worldwide list.

 
 

Regulation: No (registered on the Marshall Islands)
Online since: 2005
Trading model: N/A
Trading platforms: MetaTrader4 and MetaTrader5
Min. Deposit: $10
Min. Trade size: 0.01 (micro lots)
Max. Leverage: 1:1000
Bonus: 

– Welcome on deposit bonus of 30% for deposits over $100;
– Spread rebates up to 35% for VIP-club members (applies to Cent & Classic accounts with a minimum deposit of $500);
– Refer a friend bonus of $15 for each attracted friend

Cost of trading

Spread:
– Fixed, 2 pips on EUR/USD on Classic account
– Variable, 1.1 pips on EUR/USD on ECN account
Commission: No

Latest news about LiteForex

HotForex, LiteForex, MTrading and more brokers also hike margins ahead of US elections

The list of forex brokers that are changing trading conditions in advance to the expected market volatility around the US presidential elections

Trading 212, Z.com Trade and others set temporary margins, RoboForex keeps normal margins ahead of US elections

Another set of forex brokers has announced upcoming changes to the trading conditions in the period before and after the approaching US

LiteForex discontinues PAMM accounts – media report

Offshore forex broker LiteForex, which is mostly active in Russia, informed its clients it is discontinuing the percentage allocation money management (PAMM)

EU forex broker Mayzus continues operations as LiteForex

Cyprus-regulated forex brokerage Mayzus Investment Company, trading as Mayzus, said on Wednesday is has changed its name to Liteforex (Europe) Ltd.  The

LiteForex introduces social copy trading for ECN accounts

Offshore forex brokerage LiteForex said on Monday it has launched LiteForex Social Trading, a social platform for copy trading. The service is

Belarusian c.bank blocks access to local LiteForex, Weltrade sites; RoboForex.by shuts down

The Belarusian National Bank and the Ministry of trade have blocked the user access to the local websites of the forex brokers

Forex broker LiteForex opens office in Nigeria’s Port Harcourt

Offshore forex brokerage LiteForex opened on Monday a brand-new office in Nigeria’s Port Harcourt.

LiteForex adds Skrill 1-Tap instant payment system

Offshore forex brokerage LiteForex said on Monday it has adopted the 1-Tap system from online payment wallet Skrill, which enables a one-click payment option for

LiteForex adds 3 new indices to its trading arsenal

The offshore LiteForex forex broker announced it is adding three new indices to the trading instruments it offers to its clients: the

LiteForex cuts spreads on world indices for Classic, ECN accounts

Offshore forex broker LiteForex said on Thursday it has reduced the spreads on several world indices for users of Classic and ECN