LiteForex Broker Review
LiteForex is a global broker with over 15 years of experience in the online trading industry. The broker has been serving the traders worldwide since 2005. It also offers a cent account that includes very flexible trading conditions. The minimum deposit to execute a trade in this setup is $1.
Accordingly, Cyprus Securities and Exchange Commission (CySEC) has granted it a CySEC license for operating in Cyprus and the rest of Europe. The broker is also regulated by SVFSA in St. Vincent and Grenadines.
You can find our transparent Lite Forex review below. Broker reviews are updated frequently!
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In addition, the company offers its customers a range of account types with forex trading and swapping facilities. All these features come along with a low-cost structure that complies with the EU financial regulations.
Liteforex offers a brokerage platform dedicated to the needs of users. It includes affordability, ease of account funding, enhanced market analysis, and investor education. These services by Liteforex improve the trading skills and financial freedom of traders. Hence, Liteforex provides several financial analyses, tutorials and guides to assist beginners.
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Liteforex traders can choose between MetaTrader 4 and MetaTrader 5 as their trading platforms. Moreover, the Liteforex traders can trade via mobile and desktop 24 hours a day. In addition, the excellent customer service at LiteForex assists the clients during the whole trading process.
Pros / Cons
- Low Minimum Deposit
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
As a whole, Lite Forex is a great option for both novice and professional traders due to its wide range of account types and financial information. This broker’s services will be especially helpful to investors who prefer forex and appreciate transparency and competitive pricing.
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
Content Writer | Market Analyst
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