20 January 2023
LiteFinance broker review
Forex is the largest worldwide market, representing every global currency with trading taking place 24 hours a day, five days a week. Trading with a trusted Forex broker is crucial to success in the international foreign exchange markets. We prepared this article so that you can choose the best broker to suit your needs.
LiteFinance is a reputable Forex broker since 2005, with a strong global reputation based on a good selection of MetaTrader platforms and mobile applications. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and reports to the European Securities and Markets Authority. In recent years, LiteFinance has expanded its range of services and added assets as well as offering a variety of attractive bonuses to traders on an ongoing basis.
LiteFinance trading terms and benefits
LiteFinance was the first to offer a minimum deposit of just $1, allowing low-budget traders access to the real market. Today, LiteFinance provides popular trading assets, including 56 currency pairs and 16 cryptocurrencies. With a minimum deposit of $50 and a maximum leverage of 1:500, the company is gaining the sympathy of users.
The broker's website is equipped with a variety of tools for customers, including online Forex trade calculator and Fibonacci calculator, which is a good addition for professional traders. For newbies, the company promotes free educational material, demo contests for beginners and regular webinars with experts.
LiteFinance offers a VPS server for $15 per month, and you can also take advantage of automatic withdrawals from Forex in as little as 24 hours. If you have any questions or problems, the LiteFinance customer service team will provide all the information you need.
Is it worth cooperating with LiteFinance or not?
The broker fully honors its commitments and provides a wide range of tools for successful Forex trading. LiteFinance allows you to use the most well-known trading techniques, including scalping and hedging, offers ECN spreads and fast withdrawals. The minimum deposit of $50 is an excellent service, whilst the demo account and useful materials make the broker a good choice for beginners.