All Customer Reviews & Comments about LiteFinance Forex broker

Advantages: Low spread

Disadvantages: Low number of cryptocurrency

Comment: Glad to trade hear, commissions low. Can trade with cryptocurrency on profitable conditions. Hope number of crypto instruments will increase

Advantages: -

Disadvantages: Der erste Nachteil ist die Spanne. Sie mag gering erscheinen, aber mit der Zeit kann sie zunehmen und Ihre Geschäfte weniger profitabel machen, als sie sein sollten. Der andere Nachteil ist die Hebelwirkung. Die Hebelwirkung ermöglicht es Ihnen in der Regel, sich von Ihrem Broker Geld zu leihen, um Ihre Kaufkraft beim Margenhandel zu erhöhen, d. h. Sie können mehr Anteile eines Vermögenswerts kaufen, als wenn Sie nur Bargeld aus Ihrem eigenen Guthaben verwenden. Dies erhöht jedoch auch das Risiko, da die Verluste im Verhältnis zu den Gewinnen höher sind, wenn die Dinge schlecht laufen (und umgekehrt).

Comment: Es ist wichtig, alle Nachteile dieses Brokers zu berücksichtigen und dabei Spread, Hebelwirkung, Liquidität, Handelsinstrumente, Handelsbedingungen, technische Unterstützung, benutzerfreundliche Schnittstelle und Sonderangebote zu berücksichtigen.

Advantages: Der größte Vorteil dieses Brokers ist, dass er so viele verschiedene Arten von Handelsplattformen anbietet: Web, Mobile (iOS und Android) und Desktop. Außerdem gibt es verschiedene Arten von Handelskonten - von einfachen bis hin zu fortgeschrittenen Konten - so dass für jeden etwas dabei ist.

Disadvantages: Der einzige Nachteil ist, dass Sie, wenn Sie auf einer Webplattform handeln möchten (oder ein Basiskonto verwenden), zunächst die App auf Ihr Telefon oder Ihren Computer herunterladen müssen, bevor Sie sich anmelden können. Es ist nicht ideal, wenn Sie zu Hause oder am Arbeitsplatz nicht jeden Tag Zugang zu einem dieser Geräte haben.

Comment: Ich nutze den Makler jetzt seit etwa einem Jahr und habe ziemlich gute Erfahrungen mit ihm gemacht. Sie haben viel zu bieten, es gibt viele verschiedene Handelsplattformen, sowohl im Web als auch mobil. Auch das Support-Team ist großartig - es reagiert schnell und hilft, wenn man es braucht.

Advantages: Broker mit guten Bedingungen für komfortablen Handel, Demo-Konto dort kann Ihnen helfen, zu entscheiden, ob es für Sie oder nicht.

Disadvantages: Komplizierter Verifizierungsprozess und hohe Mindesteinlage

Comment: Dieser Makler ist eigentlich zuverlässig, und wenn Sie bereit sind, eine gute Handelserfahrung mit einem Makler zu bekommen, können Sie diese eine heraus überprüfen. Demo-Konto dort machte mir klar, dass die Zahlung hohe Mindesteinlage wird tatsächlich wert sein, aber ich kann sagen, dass der Prozess der Eröffnung des Kontos dort ist ziemlich kompliziert, so sollten Sie das im Auge behalten.

Advantages: Good demo account, low fees compared to other brokers

Disadvantages: The verification process is pretty complicated

Comment: I've worked with three brokers in the past before this one, and LiteForex is definitely not the worst one. It took me some time to open an account there, for some reason, but at least, I didn't have any problems with the demo account there. Moreover, this broker has pretty low fees, and after working with a few brokers, it's pretty notable.

Advantages: Good cryptocurrency service

Disadvantages: no

Comment: I opened an account with this broker to trade cryptocurrency pairs. Trading conditions are good and trades are executed quickly. I will continue to trade with this broker until one of the best conditions

Advantages: scam broker

Disadvantages: scam broker

Comment: a big scam broker and need to be… a big scam broker and need to be… a big scam broker and need to be avoided at all costs this broker have ecn accounts,but their ecn is not real their chart is differnet from traiding view.lots of manipulations and big slipages.on 23/06/2022 i opened a trade by this ticket #5060624970 i was short on nzd/jpy at price rate 84.725 .at 22:00 +4:30GMT they close my trade at 86.487 .the rate that is 200 pip higher from the real chart.i contacted them and they told me they will check it out.and after two days they didnt answer and i contact them again and they told me its because of volatility. my trade account is MT5-ECN-5562136

Advantages: Availability of several types of partner programs with the construction of a multi-level system and with cashback Automatic refund of payment system commissions when depositing and withdrawing money

Disadvantages: There is no information about how the risk level is assigned to traders from the SocialTrading rating

Comment: LiteForex is a broker that is more suitable for those who already have basic trading skills, professional traders and those who are interested in passive investing. I was looking for a broker where you can choose from a variety of payment instruments. LiteForex is fine with this, there are a whole bunch of payment systems.

Advantages: honest broker

Disadvantages: sometimes has technical issues

Comment: I have been trading cryptocurrency pairs with this broker since last fall. I often open long-term trades, I was surprised that all my trades were restored when I requsted them, a good indicator for a broker, they care about their clients.

Advantages: Excellent copy service

Disadvantages: can't upload my previous history of tradinmg

Comment: For the last 3 months I have been using the trades copy service of this broker. I noticed that the list of traders available for copying is constantly growing and you can find those who have been allowing you to copy their transactions for a long time. I am the one who allows you to copy your trades, while my statistics with a trading period of 3 months, but I will improve it. I hope I will have more subscribers willing to copy my trades, I try very hard in trading and this broker is the right place for me

Advantages: Fast execution

Disadvantages: none

Comment: This broker has a very fast ECN account. I like that all orders are opened and closed very quickly. This speed allows me to use a short-term trading strategy. Also I can use trading advisors

Advantages: Fast service

Disadvantages: Little number of crypto instruments

Comment: It is a good broker for trading cryptocurrency and other instruments. All transactions take place quickly and without delays. I like their service

Advantages: Platform, execution

Disadvantages: No

Comment: LiteForex is a good Forex broker. Fast execution, various tradable instruments, spreads are low, their mt4 trading platform is very easy to use, beginners won’t have a problem for sure. Withdrawal is fast, my money gets into my bank account in 1 business day. Couldn’t ask for more.

Advantages: Good but support is bad

Disadvantages: support

Comment: LiteForex is a nice broker, but I have to say that they must improve their customer support. I encountered a rude agent last week when I asked for a follow up on my withdrawal request. I was nicely asking her, but she seemed irritated. I can tell by her chats! It’s annoying, LiteForex must train their employees to be more patient.

Advantages: None

Disadvantages: too many to mention

Comment: Slippage, slippage, slippage. A lot of slippage with LiteForex. My stop loss is also being hunted every time. When I’m losing though, everything seems to be working fine. But when I’m winning, things get fishy. When I raise my issues, their support makes it look like I’m at fault.

Advantages: None

Disadvantages: everything's bad

Comment: LiteForex is not a good broker, at least to me. Slippage occurs, spreads are a bit higher, and customer support can be extremely slow in responding to questions. I had spent only 2 months with this broker. Now I’m with FBS, and I’m enjoying trading with this company so far. I’ve changed brokers 4 times already this year. I hope FBS is the one.

Advantages: 5 star broker

Disadvantages: None

Comment: For two years I’ve been trading Forex with LiteForex, and I can say with full confidence that this is a great broker. Spreads and commission are the lowest I’ve seen in the industry. Execution of trades couldn’t be any faster, the best! Support is also great, they are able to answer my questions professionally and enthusiastically. I’d like LiteForex to be my last broker, so I hope they keep this up!

Advantages: Good broker overall

Disadvantages: None

Comment: LiteForex is a good broker for newbies. It’s easy to understand their platform, and their trading conditions are very beginner-friendly. My account manager is very helpful from account opening until now. Technically, their execution is fast, and the trading platform is very stable and responsive. I like LiteForex!

Advantages: Fast withdrawal process

Disadvantages: None

Comment: So far so good with LiteForex! Been trading since the start of the covid lockdown here in my country. I started with an initial capital of $500. I have been able to grow it to $2000 and have requested withdrawal of $500 on different times. They were able to process them quickly! Their servers are reliable, and customer staff members are real professionals. Spreads can be expensive at times, but only during high volatile conditions.

Advantages: Good trading conditions

Disadvantages: but slow withdrawal

Comment: I have been using LiteForex for a year now because I don’t have many options for brokers in where I’m from. LiteForex says withdrawal via Skrill takes only a few hours, but no, it takes more than a day to process my request. There’s never a time I get my withdrawal within a few hours. False advertising at its best.

Advantages: Average broker

Disadvantages: Slow execution sometimes

Comment: LiteForex to me is an average broker. There are times when their execution is a little slow, like their server can’t keep up with the demands of traders. Also, their spreads can be too expensive, especially during high volatile market conditions. In fairness, I haven’t experienced issues in withdrawing money. I just hope they invest more in technology to make things faster.

Advantages: Great broker

Disadvantages: None

Comment: Started trading in 2009, and since then, I’ve tried several brokers. They’re good at first, but as soon as I started making money and stopped depositing funds into my account, things went bad. The case is different with LiteForex though. I’ve withdrawn many times without any problem. I get the right support from their reps, and even my account manager. I’m very satisfied.

Advantages: none

Disadvantages: useless customer support

Comment: LiteForex has probably the worst customer support! They’re very unprofessional, who seem not to know what they’re tasked to do. They’re supposed to know their products, and processes, but no! They have no idea what they’re talking about! I asked them about their bonus programs, but they weren’t sure about the bonuses’ features and terms! They’re pretty useless.

Advantages: Trusted broker

Disadvantages: Less number of bonuses

Comment: I ordered the withdrawal of funds and received them after 4 days, I expected that it would be much faster. But I am convinced that there were no problems with the withdrawal, the amount was large, and the first withdrawal of funds is always exciting. This is always a surprise. I can trust this broker and continue to trade further

Advantages: no advantage

Disadvantages: withdrawal issue

Comment: Left Liteforex last month and thought I should share my not so good experience with them. Started with Liteforex in October 2019 and the first two months were smooth and fuss-free. Could use any strategy or system I want, I didn’t see any manipulation, and no widening of spreads whatsoever. In December I withdrew 700 USD from my trading account through Skrill and I was able to receive the funds within a few hours. But things went fishy when I tried withdrawing 1500 USD in February. All of a sudden they told me that my account wasn’t verified. It’s just odd cos how come they were able to process my previous withdrawal request? So I just did what I was told and submitted documents. However, every document I sent them including a court affidavit was rejected. I threatened them that I’d raise the issue on broker review sites, and they suddenly accepted my documents. Eventually I got the money, but I decided to pull out all my available funds and just switched to another broker cos something was really off.

Advantages: Cash rebates, earning from selling signals, great spreads

Disadvantages: i want to have more news

Comment: I am satisfied with the technical support of the LiteForex broker. I wrote to them for get help by using chat, mail and social networks and I got a quick response via all channels. I will continue to work with this broker. Trading conditions do not differ much from other brokers, but I really like their service.

Advantages: Unlimited demo accounts, deposit bonus 100 %, minimum deposit 10$, cryptocurrencies, fixed spread

Disadvantages: Locked margin level 100 %

Comment: This is my first broker and I like working with him. I practiced for a long time on the demo account. Now I have a stable income.

Advantages: Deposit bonus 200%, cryptocurrencies, MetaTrader 5

Disadvantages: bad analytics from the company

Comment: In this broker I like everything, but they have a very bad analyst. I have to rely on the forecasts of other brokers.

Advantages: Deposit bonus 200 %, mobile apps, transparent spreads, cent accounts

Disadvantages: small bugs

Comment: I like that this broker cooperates with different electronic payment systems. Here you can start with a small deposit, the spreads are transparent. I recommend.

Advantages: Pretty good system of bonuses

Disadvantages: Didn`t find for myself

Comment: I have been working with LiteForex for 6 months and it is one of the best brokers on the internet. The variety of withdrawal methods is big enough. At first i had some problems with the electronic transfer but the support team advised me to use Skrill.

Advantages: useful news

Disadvantages: i want to have more news

Comment: I do not trade forex, but I use the broker's website as an information portal to be aware of the life of the financial market. This is convenient since in one place I can read analytics, economic news, and various articles. It is also convenient to follow the exchange rate to know how to act with your savings.

Advantages: Opening of cent account from 10 USD.

Disadvantages: No output to bitcoin wallet.

Comment: For trade, the optimal version of the ECN-account: trading conditions are quite satisfied, the number of tools, too. Recently, there has been an opportunity to replenish and trade in crypto currency.

Advantages: Nothing special here

Disadvantages: Scammers, poor services and customer support

Comment: How do I put this - you make your deposit and just forget about your money, because that's what happens at LiteForex. When you try to withdraw your money, there is a 'Security Department' that suddenly realizes you are violating company rules, then block your account and that's it. I mean, they don't even try to cover it up, just blatantly take your money like that. Awful broker, don't risk it.

Advantages: Cash rebates, earning from selling signals, great spreads

Disadvantages: None at all

Comment: I initially joined this broker just from a competition, but later I liked them a lot. For someone who prefers to earn from more than their trades, liteforex definitely has a lot of extra earning avenues, especially for account managers