LiteForex

Liteforex

Liteforex (Europe) provides trading on currency, stocks, commodity, metal and indices.

Regulated by CySEC, it operates as a separate broker from LiteForex Investment Ltd., provides services mainly to European traders. As a member of Investor Compensation Fund, offering protection funds up to 20,000 EUR per client, which certainly gives traders a higher level of trust.

Extensive Resources for Traders

LiteForex is a powerful social trading app that not only allows traders to copy professionals, but also provides extensive resources for traders, from tutorials, strategies to built-in news channel which provides latest analytical reviews, trading signals and resources for traders.

LiteForex - Traders
(Source: LiteForex Website)
LiteForex App Screenshot
LiteForex App Screenshot
LiteForex App Screenshot

Leverage

For LiteForex Europe, the maximum leverage of 1:30 for major currency pairs. Stocks, indices, metals are up to 1:20 and 1:10 for oil.

Deposit & Withdrawal

LiteForex Europe has quite a limited funding method compare to other peers. It accepts payment only via bank cards and e-wallets (Skrill & Neteller).

Minimum deposit & withdrawal differs between payment methods. 1 USD for e-wallets and 10 USD for bank cards. 

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