LiteFinance

LiteForex (LiteFinance) broker has been successfully working on the market for more than 14 years and has established itself as a reliable and responsible partner. The company is focused mainly on professional traders, which is confirmed by a relatively high initial deposit and absence of cent accounts. One of LiteFinance’s strong points is the transparency of trading conditions: there are no hidden commissions or pitfalls, and there are no restrictions on scalping, hedging and using trading advisors.

The company has recently updated its personal cabinet, turning it from a classic account into a full-fledged trading tool. Now traders can earn directly from the cabinet in one click. Analytical tools have been added to the platform for novice traders: fundamental and technical forecasts for each pair, analysis of market sentiment and other useful functions. Also from your personal cabinet you can manage the affiliate program and form an investment portfolio using the SocialTrading service.

LiteForex (LiteFinance) provides high-quality services for professional trading and fully fulfills its obligations. This allows the company to regularly occupy top positions in the MOFT Rating and remain a permanent partner of this association.

Every LiteFinance trader can additionally reduce his trading costs by becoming a client of the MOFT rebate service. All you need to do is to register free of charge on the MOFT website and specify in your personal cabinet the number of the trading account opened with LiteFinance through the affiliate link. Conduct active trading or earn money by copying trades, and you will receive monthly spread compensation regardless of the trading results.

Information: The amount of compensation on the Classic account is 70% of the spread, on the ECN account – 70% of the broker’s commission. Compensation on investment accounts depends on the percentage set by the manager’s offer. The trader receives from MOFT 80% of the specified amounts.

Example: You trade an average of 0.5 lots on your Classic account every day. This means that in 1 month (20 working days) the turnover will be 10 lots. The average spread on this account is 2 pips. Since 1 pip for the volume of 1 lot is equal to USD 10. For EUR/USD, your spread costs for the month will be10210 = 200 USD. US DOLLARS. Of this amount, LiteForex (LiteFinance) pays 70% to MOFT, i.e. $140. LITEFOREX (LITEFINANCE) PAYS 70% OF THIS AMOUNT TO MOFT, WHICH IS $140. MOFT, in turn, transfers 80% of this amount to you, which is $112. IN RETURN, MOFT TRANSFERS YOU 80% OF THIS AMOUNT, WHICH IS $112.

Try it! You’ll love it!

Trading conditions at LiteForex (LiteFinance) are transparent and clear. The company offers two types of accounts – Classic and ECN. For both accounts, the minimum deposit is $50. The minimum deposit on both accounts is $50, order execution is market-based, and leverage is up to 1:500.

Types of Accounts:

• Classic: Floating spread starts from 1.8 pips, no commission per lot.
• ECN: Floating spread starts from 0.0 pip, commission starts from $5 per lot.

LiteFinance provides instant automatic withdrawal of funds up to $100 and reimburses payment systems’ commissions for deposit, which reduces clients’ non-trading expenses. There are 5 types of affiliate programs for passive profit. The broker also provides access to the SocialTrading trade copying platform with the ability to manage risks.

The company’s clients can open Islamic accounts and use a free library of trading systems created by experienced traders. LiteForex’s website offers a detailed description of various indicators that clients can download into the trading terminal. LiteFinance provides the best forecasts from the independent professional analytical portal Claws&Horns to increase the profitability of trading.

• Trading platform

  MT4, MT5, proprietary platform integrated into personal cabinet

• Accounts

  Demo, Classic, ECN

• Account currency

  USD, EUR, CHF, RUB, MBT

• Deposit/withdrawal

  Bank transfer, electronic wallets, payment systems

• Minimum deposit

  50 USD

• Leverage

  Up to 1:500

• PAMM accounts

  no

• Minimum order

  0,01–100

• Spread

  Classic - from 1.8 pips, ECN - from 0 pips

• Instruments

  Currencies, stock and commodity market assets, cryptocurrencies

• Margin call / Stop out

  100% / 20%

• Liquidity provider

  no data

• Mobile trading

  yes

• Affiliate program

  yes

• Order execution

  Market Execution

• Trading features

  There's cryptocurrency trading

• Contests and bonuses

  yes

The analysts have thoroughly examined the offer and trading conditions of LiteForex (LiteFinance) for the presence of explicit and hidden commissions. The main costs include spread and commission on ECN-account, which ranges from USD 5 per 1 lot. The main costs include the spread and ECN account commission, which ranges from USD 5 per 1 lot. There are no commissions for deposits and withdrawals, as LiteFinance compensates them to the client’s trading account. There are also swaps, i.e. commissions for transferring a position to the next day.

LiteForex (LiteFinance) broker, founded in 2005, has become one of the largest participants of the CIS and European markets providing services on the Forex market. The main goals of the company’s development include improvement of the technology of withdrawal of client transactions to the interbank market and liquidity providers, as well as provision of additional services for passive investment.

LiteForex (LiteFinance) – one of the best ECN-brokers on the European market

LiteFinance positions itself as an ECN-broker, withdrawing traders’ transactions directly to ECN-networks without the involvement of a dealing center. The company has high internal liquidity, providing its clients with a transparent and large-scale market with execution of orders at the best price without delay. This model avoids conflicts of interest and opens up opportunities for traders to use any trading instruments.

The arsenal of LiteForex (LiteFinance) trading instruments includes classical currencies and cross-courses, metals, shares, stock indices, as well as assets of commodity markets. The company was one of the first to offer cryptocurrency trading, including not only classic BTC and ETH, but also second echelon cryptocurrencies such as LTC, XRP and others.

Features of LiteForex (LiteFinance)

One of the unique features of LiteForex (LiteFinance) is its own trading platform, which is built into the personal cabinet and is an addition to the classic MT4 and MT5. Unlike the overloaded MT, it has a simplified functionality that allows novice investors to quickly understand the specifics of trading. The platform also offers a scalable chart and an extended set of technical analysis tools.

Useful analytical services and applications of LiteForex (LiteFinance)

• Analytics from independent company Claws&Horns: Includes technical analysis, trading signals and video reviews.
• Trader’s Calculators: Helps in calculating the volume of a position taking into account leverage, trading asset and quotes. Fibonacci calculator is used to build strong levels, potential reversal points and trend direction.
• VPS-server: Provides round-the-clock trading with the ability to use trailing stop even if there is no connection between the client terminal and the broker’s server.

How to start earning – instruction for a trader

LiteForex (LiteFinance) offers two types of accounts to choose from:

1. Classic: Suitable for intraday, medium and long-term strategies with small volumes of transactions.
   • Spread: from 1.8 pips
   • Commission: no commission
   • Leverage: up to 1:500
   • Accruals on account balance: none
2. ECN: Professional account with market spreads and instant order execution. Suitable for high-frequency trading.
   • Spread: from 0.0 pip
   • Commission: from 5 USD. USD per 1 lot regardless of the deal results
   • Leverage: up to 1:500
   • Interest accrual on account balance: 2.5% p.a.

Demo account

You can familiarize yourself with the broker’s capabilities and platform functionality using a demo account, which allows traders to practice without financial risks.

Bonuses and promotions from LiteForex (LiteFinance)

1. ZERO Fees: Reimbursement of the transfer fee (deposit/withdrawal) charged by the payment system to the trading account.
2. Temporary Bonus Programs: Information about current promotions and bonuses is posted on LiteFinance website.

LiteForex (LiteFinance) investment programs

In addition to active trading, LiteForex (LiteFinance) offers opportunities to earn money from investment programs: creating your own multi-level affiliate network and copying trades. The SocialTrading service is LiteFinance’s innovative platform that allows copying trades automatically and forms a rating of real traders by evaluating and assigning the risk level.

SocialTrading – passive earnings on copying trades with minimal risk

SocialTrading is a platform for copying trades, which helps to create a diversified investment portfolio from different strategies with different risk levels. It is available in a trader’s personal cabinet after registration.

Advantages of SocialTrading from LiteForex (LiteFinance):

• Four options for copying trades: Proportional to investor’s funds, copying of full volume 1:1, copying of fixed volume in lots, copying of set volume of each trade.
• Risk management: Possibility of early disconnection of investor’s account from trader’s account.
• Affiliate income: The possibility of earning on affiliate links of those who copy trades (passive income of the trader).

SocialTrading Model:

Every trader who has opened a real account is automatically included in the rating. Depending on the profitability of trading, time of account existence, number of transactions and other factors, the trader is assigned a risk level. The investor, according to his personal risk management system, evaluates the expediency of copying trades of this or that trader and connects his account to it. All traders’ trades are automatically copied to the investor’s account. In case of profit the investor pays a commission to the trader.

Affiliate program from LiteForex (LiteFinance)

1. CPS: A multi-level affiliate program that allows you to receive rewards of up to $50 for each client (referral) + 10% of sub-affiliate’s profit. For each client (referral) + 10% of the sub-affiliate’s profit. The program tool is an affiliate link, which is used to register a referral. Statistics management is available in the personal cabinet.
2. Revenue Share: Receive affiliate remuneration in the form of a percentage of the referral’s commission. Includes cashback: the partner can set the % of referral’s cashback from 0% to 95%.
3. “Regional Representative”: Provides for opening your own representative office in partnership with LiteFinance. Potential earnings – up to 15 dollars. US dollars from each transaction of referrals and 10% of income from sub-affiliates.

A partner can create any number of affiliate programs of different types in his personal cabinet, setting different conditions in each of them and grouping referrals according to different criteria. This allows you to evaluate which of the channels for attracting referrals is more effective, which cashback is optimal, and so on.

Withdrawal of funds at LiteForex broker (LiteFinance)

LiteForex (LiteFinance) broker provides instant deposit and withdrawal of funds without limitations on the amount and number of requests. The minimum withdrawal amount is 10 USD (or equivalent). USD (or equivalent).

Deposit and withdrawal options:

• E-wallets: WebMoney, Perfect Money, QIWI, Neteller, Skrill, YooMoney
• Bank cards: Visa, MasterCard
• Bank transfers: SWIFT, Sberbank
• Cryptocurrencies: 6 types

Withdrawal speed depends on the transaction processing time within the selected payment systems.

Support service

Broker support service is available 24 hours a day, 5 days a week. There are several ways to contact support:

• LiveChat: Online chat on the broker’s website, available without registration.
• Social networks and profile groups: Links are provided on the website.
• Phone: Phone numbers are available on the website.
• E-mail: Addresses are available on the website.

Support is available both from the broker’s website and from my personal cabinet.

Registering an account and creating a personal account

The procedure of registration on LiteForex (LiteFinance) platform is standard and includes the following steps:

1. Go to LiteForex (LiteFinance) website
   • Click the “Registration” button in the upper right corner. Select the “Beginners” menu to open a demo account.
2. Authorization
   • Enter your initial data (login, password, e-mail address).
   • Confirm registration via the link sent to your e-mail and log in to your personal cabinet. For full-fledged trading it is necessary to undergo verification, providing personal data and scans of documents. A separate verification is required for those who plan to become a partner.

Functions of LiteForex (LiteFinance) personal cabinet

Trading through an integrated platform

• The terminal is convenient from both visual and practical points of view.
• Features: one-click trading, basic analytics on all instruments (spread, volatility, market sentiment, price deviation).

SocialTrading trade copying platform

• Possibility to sort traders by profitability and risk level.
• Formation of investment portfolio in one click.

Other useful features and functions:

• Analytics: economic calendar, news feed, signals, interest rate information.
• Trade management and viewing of trading statistics: data on copied trades, portfolio statistics, trading statistics, profitability.
• Deposit and withdrawal statistics.
• Affiliate programs management: statistics of profitability for each campaign and affiliate groups.
• Trading via MetaTrader: access to popular MetaTrader trading platforms.

Completing registration and verification

• To fully utilize all the features of the platform, complete the verification by providing the necessary documents.

LiteForex (LiteFinance) offers a convenient and functional personal cabinet where you can easily manage all aspects of trading and investing.