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

LiteForex launches trading in bitcoin

Offshore forex broker LiteForex announced it is adding Bitcoin to its tradable instruments list. Clients of the broker can trade in the

LiteForex accepts payments in Bitcoin, Litecoin cryprocurrencies

Offshore forex brokerage LiteForex said it has made available to clients a deposit and withdraw funds in cryptocurrencies Bitcoin and Litecoin. Deposit

LiteForex adds stock index trading to Cent accounts

Offshore forex brokerage LiteForex said on Friday it has expanding the offered trading instruments available for Cent accounts with the addition of

Fintech MetaQuotes: MT5 brokers grow in number, include BCS Forex, InstaForex, LiteForex

In an attempt to further enhance the transition of most brokers and traders from the MetaTrader 4 (MT4) to the MetaTrader 5

LiteForex releases new Client’s Profile, makes it mobile-friendly

Offshore forex brokerage LiteForex said on Wednesday it has developed a new Client’s Profile portal. One of the main changes the broker

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