Also, “World Finance,” a leading financial magazine in Britain, has included LiteForex into its “100 World Finance” list. EKYC is required for security purposes since trading involves extensive money, and a lot of cybercrime happens these days. Since the danger of losing money is always present, traders need to do their homework well and use all the facilities available to enable xcritical trading.
Also, note that no account type is given in terms of being able to select one at registration, but the account is a live account. This is all the information you will find if you head to the dedicated page regarding the mobile app. LiteForex offers trading CFD stocks for companies listed on the NYSE, the Nasdaq, the London Stock Exchange, the EuroNext Exchange, and the Xetra. The trading conditions vary ever so slightly depending on which exchange and company you plan to trade, so you will need to visit each page for a full breakdown of conditions for these. You would think that perhaps only forex is on offer with this broker, but, in fact, they offer trading for forex, commodities, stocks, and crypto, as you can see from the image below.
- LiteForex takes good care of its clients and offers excellent customer support through social networking sites, 24-hour live support, online contact form, and live chat.
- The image above shows that “reviews” and “open a demo account” are also part of the dropdown menu.
- This is all the information you will find if you head to the dedicated page regarding the mobile app.
- WebTrader enables plenty of customization according to trader requirements.
- However, they seem safe because they have been in operation for almost two decades and have continued to provide brokerage services.
- On top of this, today’s style of trading, more than accuracy, requires mobile trading.
They also offer a range of bonuses and promotions to reward their clients, including an affiliate program and competitions. Traders registered at LiteForex can avail of a safe, secure, and user friendly platform for high-speed online trading. https://dreamlinetrading.com/ It supports 15 languages and offers a wide range of trading tools and popular trading platforms such as MT4 and MT5. LiteForex offers a free demo account that helps to learn trading strategies without the risks of losing money.
Overall, LiteForex is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering. Overall, LiteForex is regarded as a reputable and trustworthy broker that offers a range of trading services and educational resources to help traders succeed in the forex and CFD markets.
Does LiteForex Trading Platform provide Tips?
Mobile forex apps make forex trading easier by enabling traders to create filters and get the latest information only for selected trading instruments. These apps feature analytical support for precious metals, oil, and a wide range of currency pairs. Trading at LiteForex stands for low floating spreads, no requotes, professional customer support, high-performance trading platform, access to trading signals and exclusive market analysis. LiteForex gives you two types of trading platforms namely; MT4 and MT5. All these platforms are there to give you an awesome experience when trading.
Plus500 Review 2024: Is It a Good Broker?
The platform has been around since 2005; this broker might not be providing info on it because they think it is common knowledge. Here on PipPenguin, we have also covered MetaTrader 4 and 5 in many of our articles, so we will not be covering specific details on it. In addition to their trading services, LiteForex also provides educational resources and market analysis to help traders improve their skills.
Any financial decisions you make are your sole responsibility, and reliance on any site information is at your own risk. PipPenguin makes no guarantees regarding the website’s information accuracy and will not be liable for any trading losses or other losses incurred from using this site. The site may contain ads and promotional content, for which PipPenguin could receive third-party compensation. However, this does not imply endorsement or recommendation of any third party’s services, and we are not responsible for your use of any external site or service. PipPenguin and its staff, executives, and affiliates disclaim liability for any loss or damage from using the site or its information. LiteForex and its entities (LiteFinance) have been in operation since 2005.
Торговый терминал Форекс MetaTrader 4
As noted above, this jurisdiction offers investor compensation up to EUR 20,000 on non-professional trading accounts in the event of brokerage liquidation. This means that the broker does offer this policy on ECN accounts, but heading to the Classic account page, there is no statement that says negative balance protection covers this account type. This should be noted, as the account, you open through registration is a Classic account. The widest set of topical analytical materials of the Forex market 24 hours a day in your Android device. Download the Forex analytics mobile app and get access to the daily technical, fundamental and wave analysis, forecasts and reviews of macroeconomic indicators.
Advantages of LiteForex MetaTrader 5
The file size will be small in the mobile app from the Android Google Play or iOS Apple store. The much-awarded international online broker facilitates trading in a wide variety of instruments—trade in Forex, CFDs, indices, shares, commodities, and cryptocurrencies. This broker provides a reliable and engaging copy trading facility that functions as a social media network. Users can view the trades carried out by top-ranked account holders and imitate their winning strategies as they aim to increase their performance daily.
The only section that should be worth mentioning is the “forex books” section. It is, in fact, a catalog of published books that LiteForex recommends its xcritical website traders go out and purchase. There are no eBooks, courses, or tutorials here, and the featured books only have a section cut out, which people can read.