Liteforex Broker

  ECN   CLASSIC
Spread floating, from 0.0 points   floating, from 1.8 points
Commission From 5$ per lot1   no
Execution type MARKET EXECUTION   MARKET EXECUTION
Platform MT4/MT5   MT4/MT5
Leverage 1:500 – 1:1   1:500 – 1:1
Account base currency USD, EUR, CHF, RUB, MBT   USD, EUR, CHF, RUB, MBT
Minimum deposit $50   $50
Rate, % per year2 2.5%   0%
Islamic accounts Yes   Yes
Social trading Available   Available
Lot Size, $ 100000   100000
Minimum lot 0.01   0.01
Maximum number of orders Unlimited   Unlimited
Margin Call Level 100   100
Stop Out Level 20   20
  1. Forex Major – 10$ per lot, Forex Crosses – 20$ per lot, Forex Minor – 30$ per lot, Metals – 20$ per lot, Oil – 5$ per lot, CFD on shares – 25 cents per share, Stock indices – 5$ per contract, Crypto – 10$ per lot, MOEX – 25$ per contract
  2. The state of the account is checked daily at the end of the day (at 23:59 GMT +3) to determine the amount of client’s own funds not used in trading. The daily interest amount is calculated in accordance with the following formula:

    %, daily = (free_margin – credit) * interest_rate / 100 / 360 , where:

    • free_margin – credit – the amount of client’s own surplus funds at the moment of calculation;
    • interest_rate – interest rate specified;
    • 360 – number of days in a year.
      Annual interest rate is the percentage credited on surplus funds (annual interest).

About Lite Forex

We were the first to create the cent accounts service with the lowest deposit of as little as $1. This unprecedented step made Forex available to hundreds of thousands of clients and changed the history of the Forex market’s development. Today, LiteForex is a reputable international broker that services clients from all across the globe, offering advantageous and transparent trading conditions and a wide range of services, including cent, STP and ECN accounts. The clients have access to a variety of popular trading tools, such as CFDs, currency pairs, cross-rates, precious metals, world stock indexes, and oil.

Highlights
  • Up-to-date, technologically advanced services;
  • Advantageous trading conditions, low spreads and high speed of execution of trading orders.
Company Name LiteForex
Founded 2005
Headquarters Marshall Islands
Offices Marshall Islands, Nigeria, United Kingdom, Russia, 
Employees 800+
Regulators LiteForex invites its clients to take part in contests which are held on a regular basis. These contests are intended for any client. The winners are awarded not only with money prizes, but also with cars, bikes, gadgets and other precious gifts.
Account Currency EUR, USD, NGN
Client Funds Bank Barclays Bank, Rietumnu Banka, PPF Banka, Promsvyazbank
Contact Page Contact
Support Languages English, French, German, Italian, Spanish, Russian, Arabic, Chinese, Hindi, Indonesian, Korean, Malay, Vietnamese, Urdu, Czech, Persian
Support Options Email, Live Chat, Phone, Skype
Broker Type ECN, MM
Funding Methods Neteller, OKPay, PayZa, Western Union, Bank Wire, China Union Pay, Credit/debit Card, FasaPay, Skrill (Moneybookers), Webmoney, Alipay, Dotpay, Bitcoin, QIWI Wallet, Yandex, Alfa-Click
Instruments Commodity Futures CFDs, Forex, Metals, Shares, Stock Indices CFDs
24 hr Support Yes
Government Enforced Segregated Accounts Yes
Islamic Accounts Yes
Accepts US Clients No
Accepts JP Clients No
PAMM Platform Option Yes
Trading API No
Non-expiring demo Yes
Managed Accounts Featured Yes
Interest Bearing Accounts Yes