Lite Forex

✅Lite Forex Broker Review | Scam Status :✅Safety

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8.5/10 (Expert Score)
Product is rated as #6 in category Broker
The trading platform used by Lite Forex is one of the best technological advancements and fascinating features. This enhances the trader's experience when executing trades.
Trading Conditions
10
Trading Fee
9.5
Trust Rating
7
Deposits and Withdrawal
4
Customer Service
9
APP
10
User friendly
9.5
PROS:
  • Easy to use.
  • Have advanced charting and drawing tools.
  • Allow social Copy Trading
  • It is suitable for mobile phones and desktop computers.
  • It is easy to customize.
  • Let traders get FX news from reliable sources.
CONS:
  • only regulation in CySEC
  • limited Leverage
  • less stock
  • high fee withdraw

What is Lite Forex?

Lite Forex is an international broker that provides favorable and transparent trading conditions and various services for global clients, including STP and ECN accounts. Customers can use various trading tools, such as CFDs、currency pairs、exchange rates、 precious metals、world stock indexes, and oil. they offer trader well trading UI without download MT4 or MT5 which is convenient than a traditional broker

Lite Forex has more than ten years of operating history, and now there are many trader. Its headquarters is in Cyprus

Lite Forex Safe or a scam?

We have checked that Lite Forex is subject to national/regional and government regulations, so it is also suitable for safe transactions and negative balance protection. Therefore, if your loss exceeds your deposit, your loss of funds will not exceed your own capital, if In the event of certain uncontrollable market risks, you will not need to pay additional losses in excess of the principal

CySEC (Europe):Company Registration Number: 200585

Lite Forex’Leverage

CySEC (Europe) & FCA(UK):

  • x30 for major currency pairs
  • x10 for commodities
  • x5 for CFD stocks
  • x2 for Crypto currencies

Trading fees

No Stock  Trading fee
Stock spread 0.09%
Forex  spread is between 0~2 pip

Deposits and Withdrawal

Minimum deposit :10 $  fee are 0 %
at the first time, you need deposit 100 $ after u can deposit from 1

Minimum deposit depending on clients’ region and country regulations and varies from $200 for European clients and up to $10,000. See some of the examples below, yet you should always check with particular entity customer support in terms of its conditions.

list of support deposit:

Deposit/Withdrawal methodCurrencyFee
MastercardMastercardUSD, EUR0%
Visa-CardVisaUSD, EUR0%
Swift國際電匯Bank transferUSD, EURAccording to bank charges
銀聯卡China Union Pay (CUP)CNY0%
NETELLERNETELLERUSD, EUR, INR, BRL0%
SkrillSkrillUSD, EUR0%
✅Lite Forex Broker Review | Scam Status :✅Safety world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokersBTCUSD 0%
✅Lite Forex Broker Review | Scam Status :✅Safety world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokersUSDTUSDT 0%

Minimum Withdrawal: 1$ fee is 3%

Lite Forex Trading Platform

Lite Forex support MT4 MT5 platform , but they also release own trading platform web trading with friendly user UI  , and same time they support mobile App on android and iOS compare other broker Lite Forex fully give user comfortable trading condition  beyond many broker ,

Customer Service

Lite Forex support over 20 language on customer service , this quite uncommonly they also  support for FB massager and telegram live chat  ,

Customer Service you can use popular application which is :

  • Live Chat
  • Telegram
  • Facebook Messenger
  • Phone Call Back

Education

✅Lite Forex Broker Review | Scam Status :✅Safety world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokers

for forex beginner they provided 9 language for people who just started forex , they give free education foundation even you not part of membership of lite forex . also they give advise for book list which is for study forex course , on website they offer little Forex glossary — basic terms and concepts of the Forex market but still not very plenty

Research Conclusion

3 ways to receive research conclusion on lite forex they upload YouTube channel every day, and also they have multiple languages on Facebook page and Twitter update daily economic news for the follower, and more useful on App call Forex Analysis from LiteForex, free to download from Google play and apple store, trader and receive news immediately from phone reminder but unfortunately these services only focus on English

 

Summary

The trading platform used by Lite Forex is one of the best technological advancements and fascinating features. This enhances the trader’s experience when executing trades. they offer different accounts such ECN and Muslin account and flexible switch each other during trading , other Features like Copy trade for people who good at trading they can show up they account allow other trader copy them share each with forex benefit by matul percent .

More Trading Broker Platform You Might Interesting

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As a typical Swiss bank, Dukascopy bank provides reliable supervision. It also provides a low-latency transaction server while opening an account. You can apply for a bank card and bind Apple Pay or Google Pay. This saves the inconvenience of withdrawing money, although the platform itself It does not provide copy orders and transactions, but this problem can be solved by binding EA automatic trading, and there is a trading community for communication and the trader provides a maximum of 500~1500 trading bonuses per week

Although Dukascopy offers JForex trading platform with a wide range of advantages and impressive features, some beginners may find that it takes more time to learn how to use it compared to other platforms.

Dukascopy also offers a wide range of advanced trading and research tools, including SWFX sentiment index, market news and research, calendar, foreign exchange calculator, COT report and Dukascopy TV.

More details +
As a typical Swiss bank, Dukascopy bank provides reliable supervision. It also provides a low-latency transaction server while opening an account. You can apply for a bank card and bind Apple Pay or Google Pay. This saves the inconvenience of withdrawing money, although the platform itself It does not provide copy orders and transactions, but this problem can be solved by binding EA automatic trading, and there is a trading community for communication and the trader provides a maximum of 500~1500 trading bonuses per weekAlthough Dukascopy offers JForex trading platform with a wide range of advantages and impressive features, some beginners may find that it takes more time to learn how to use it compared to other platforms.Dukascopy also offers a wide range of advanced trading and research tools, including SWFX sentiment index, market news and research, calendar, foreign exchange calculator, COT report and Dukascopy TV.
Trading Conditions
10
Trust Rating
10
Trading Fee
7
Deposits and Withdrawal
5
Customer Service
10
APP
10
User friendly
5
PROS:
  • Bank card instant consumption
  • Support cryptocurrency deposits
  • No withdrawal fees
  • Low latency Trading
CONS:
  • Low leverage
  • The minimum deposit amount is 1000$
  • No copy trading
Added to wishlistRemoved from wishlist 0

Pepperstone founded in 2010 offer forex and CFD stock trading service base on Asia-pacific, office and headquarter located in Australia, offer low ping and high quality price quote without slippage. In average Pepperstone is not one of broker which offer fantastic trading app but reliable and fairly trading broker platform, why said like it ? Because most broker usually going price slippage but in pepperstone such report are no usually happened, so for day-trdaer and mass Quantitative Trader are really important even your small trader that's one of crucial priosity.

More details +
In average Pepperstone is not one of broker which offer fantastic trading app but reliable and fairly trading broker platform, why said like it ? Because most broker usually going price slippage but in pepperstone such report are now usually happened, so for day-trdaer and mass Quantitative Trader are really important even your small trader that's one of crucial priosity.
Trading Conditions
10
Trading Fee
10
Trust Rating
10
Deposits and Withdrawal
7
Customer Service
8
APP
9
User friendly
5
PROS:
  • Low slippage
  • Low ping support VPS
  • High speed respown time
CONS:
  • less CFD stock
Added to wishlistRemoved from wishlist 3

FxPro  are Trading platform base on MT4 adn MT5 broker were offer stock and fx CFD broker  . since 2006 In  UK  now they claim they have 3 million client over world FxPro says they are well‑known throughout the industry as a trustworthy and reliable broker. They are regulated by the FCA, CySEC, FSCA, DFSA, and SCB (Scam) and we don't suggest

More details +
Overall FxPro offer friendly front UI from client , and over 30 languages Customer  , and multiple regulation for Clients  but it doesn't mean this safely for use  , in past some broker even force clients change they are regulation depend what's happen in near future , for broker they can easy switch Clients's regulation if necessary benefit for company  and this why we don't fully trust at FxPro when they own a regulation license from unknowing Fraud regulation 
Trading Conditions
8.5
Trading Fee
8
Trust Rating
3
Deposits and Withdrawal
10
Customer Service
8
APP
8
User friendly
10
PROS:
  • Real-time news
  • Above average product offering
  • Transparent pricing
CONS:
  • Relatively high fees
  • No anonymous demo account
  • Weak educational platform
Added to wishlistRemoved from wishlist 1

FBS Broker founded in 2009  , operation main is Asia located at 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol  service over 700 thousand people in the worldwide including China Indonesia, Russia, the Philippines and even Malaysia has operated office ,FBS is also regulated by Cyprus, a subsidiary of Tradestone Limited, which is a popular jurisdiction for foreign exchange transactions. Tradestone Limited is regulated by the Cyprus Securities and Exchange Commission. According to the MiFID directive, all brokerage companies regulated by CySEC have the right to conduct business in the EU. This makes FBS a safe company that currency traders can invest in.

More details +
FBS offering excellent user UI on mobile App on Android and iOS , when you starting trading at phone  which is take can short time to used it , and they aslo offering multiple type acccoutn  For example, one of the advantages of ECN accounts is more competitive pricing but compared to standard accounts, stop-loss and take-profit prices can only be added after the order enters the market. This restriction is unreasonable.In addition, if traders want to trade CFDs on stocks, they need to open separate accounts and cannot share foreign exchange accounts, which is very inconvenient. a few popular US stock now is allow trading at FBS , and hopefully they soon will add more in future . 
Trading Conditions
10
Trading Fee
7
Trust Rating
7
Deposits and Withdrawal
4
Customer Service
8.5
APP
10
User friendly
9
PROS:
  • friendly user App
  • Provide multiple account types
  • homepage user Friendly
  • Copytrading
  • well education
CONS:
  • less Stock CFD
  • Limited product portfolio
  • less regulation broker
Added to wishlistRemoved from wishlist 4

EXNESS is the only forex broker in the world that supports fully automated withdrawals, withdrawals do not require manual review, and fund deposit withdrawals are quick and convenient Exness Group (Exness) was established in 2008 Exness Group provides trading capabilities of more than 120 financial instruments, provides the best market order execution services and has a small spread in major currency pairs.

More details +
for people who are focus on Forex trading Exness is best choice  ,  also support multiple deposit and withdraw  by automatic without manually check  and fast cash in only 3 days  and Free VPS server for increase trading environment in other platform that usually spend more 20 $ per month ,  without VPN it's might causing some delay ordering losing money ,  EXNESS is a good choice for traders looking for MT4 and MT5 economists regulated by the European Union, but its CFD scope is less than its peers. Its own research content is also insufficient. These are all areas where it can be improved.
Trading Conditions
10
Trading Fee
10
Trust Rating
7
Deposits and Withdrawal
10
Customer Service
7
APP
7
User friendly
7.5
PROS:
  • Provide multiple account types
  • VPS hosting
  • online web trading
  • Copytrading
  • high leverage over 2000
  • lowest deposit from 1 $
  • Great educational tools
CONS:
  • Limited product portfolio
  • less Stock CFD

Reference

Lite Forex wiki

MT4 and MT5 Trading platform introduce

Specification: ✅Lite Forex Broker Review | Scam Status :✅Safety

CopyTrading

yes

Forex Leverage

30

Forex pair

50+

Minimum deposit

50$

Stock

1000~2000

Stock Leverage

10

Trading platform

APP, MT4, MT5, Self-Dev-platform

Withdrawal fee

20$+

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✅Lite Forex Broker Review | Scam Status :✅Safety
✅Lite Forex Broker Review | Scam Status :✅Safety
More information about Lite Forex
Dear investor . We hope this review was helpful to you and saved you some research time.If you need more information or want to know more details, please check the Lite Forex website
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