All Customer Reviews & Comments about LiteForex Forex broker
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
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
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
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.
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.
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
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
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
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: Glad Roberto came to my rescue
Disadvantages: Scam brokers
Comment: Roberto Mancini has worked tirelessly to help me recover my funds and I appreciate them for that. It was a bumpy road with all the instructions that I was given but I followed them to the very end because they keep telling me that the recovery of funds is not an easy process but in the end, they came through for me. Thanks so much, Roberto Mancini you're the best. Robertomancini 760 (at) gmailcom
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
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.
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
Comment: I will advice any trader to be careful when choosing a broker to invest with by always making sure they are regulated. I invested with a broker that made withdrawal impossible and there was nothing i could do until i contacted the agent Mr Bart Kasch who helped me recover my money. It felt satisfying to finally have my investment back, you can reach him at BartKasch AT Affiliaterecovery DOT com if you need help
Advantages: Got my money back
Disadvantages: Fake broker
Comment: Simply put if you don’t have the time or the experience to file a claim and pursue the entire case against your fake binary broker yourself, try outsourcing it to a specialist company who will use their knowledge, expertise and its processes to recover your money. A company with a good level of success in recovering funds from binary brokers is OXOMARSECURITY,ORG They have specialists who deal exclusively with fraudulent transactions made by binary brokers. Based on experience they know how to proceed with a claim and what is most effective approach. I have hired them as well and they did not disappoint me. Hats off
Advantages: Got my funds back
Disadvantages: BEWARE OF FAKE BROKERS
Comment: Binary options involve predicting the movements of commodity, asset or index prices over a short time. Although they may be a legitimate financial product with many licensed firms trading in them, binary options are speculative, high risk products that are almost impossible to predict, even for professionals. There are groups of scammers who use binary options to steal your money. It’s really hard telling the authenticity of online platforms only if you’ve had a bad experience with them after trading or doing any form of business/investment with them. I was a victim of Binary Uno ; lost a total of $175,000. I started with just $4,500 and after several encouragement to invest more ; I started having issues withdrawing. They are big time scammers and will only steal your money. it took me 3 months to figure out how to get my money back after made failed attempts; I contacted several lawyers but it was all waste of time and money, they couldn't render an inch of help. I later came across a certified binary options recovery Company while searching for a way out , I was able to hire their services . They were able to recover my funds from the brokers(Binary Uno) successfully. You can search Instant Funds Recovery via google just in case you find yourself in same situation to file your complaint.
Advantages: Another one
Disadvantages: Dont know
Comment: I wouldn't trust them if i were you, if i had seen comments like this about bitky io, i would have stayed off, i lost over 2.9btc. My cousin had to com into the picture, he told me these guys would never refund me so he went ahead and got a hacker from the darknet who was of great help, i got my coins back and gave him a cut from it as agreed. I think they deserved it, i don't feel bad for working with a hacker to get my hard earned cash back. petru at hackwithme, tech. Just incase you’re in similar or worse situation, consult him.
Advantages: I got my money back
Comment: Investment fraud is growing hugely and I advice the public to stay away from these fraudulent companies. For those who are victims to this scams like myself, I strongly recommend you to approach an Ethical Hacker. I invested almost $270000 and was unable to get my hard earn money back from an unregulated company that kept demanding for more deposits. WolfpackHackers has successfully recovered investment for their clients. I have hired them as well and they did not disappoint, they recovered all of my money at no upfront cost. If you are also a victim, Contact them via mail;;; admin 'AT' wolfpackhackers 'DOT' com
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: full recovery
Comment: Been a Binary options scam victim is depressing, you have been promised a fortune by binary companies or brokers but at some point, they do not seem to answer to your emails and phone calls, i have been at that point too, i trusted enough to invest a chunk of my life savings, i never thought i would be getting back my money till i came in contact with , oxomar, an Ethical Hacker that helped me get a significant sum of my investment and at the moment, i have taken the company to a civil court, do not waste your time with scammers claiming to be a recovery company, hopefully you wont fall for similar tricks in the future, reach him on; admin @ oxomarhackers . com
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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