LiteForex Review

LiteForex Logo

LiteForex is an online forex and CFD broker that operates from the Marshall Islands. Established in 2005, the broker has grown to become a global brand with offices across Africa, Asia, and Europe. The broker offers online trading in over 135 financial instruments, spread across currency pairs, cryptocurrency, indices, metals, energies, and U.S. stocks. They provide the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, social trading tools, market analysis, and educational resources. LiteForex operates the ECN model of trade execution, offering competitive trading fees and good execution speeds.

LiteForex Review - MT4 Multiterminal
LiteForex Review – MT4 Multiterminal

LiteForex Review Introduction

In this LiteForex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including LiteForex.

LiteForex Platforms & Tools

The broker provides clients with MT4 and MT5 trading platforms, which are very popular among forex and CFD brokers and traders because of their multiple features, charts, trading tools, and plugin capabilities, as well as their intuitive and user-friendly interfaces.

LiteForex Review - MT5 Platform
LiteForex Review – MT5 Platform

Both platforms are available as web trading terminals that run on Safari and other modern web browsers, installable desktop applications for Windows and Mac computers, and mobile trading apps for Android and iOS compatible devices.

LiteForex Review - MetaTrader Apps
LiteForex Review – MetaTrader Apps

There is also a social trading platform, LiteForex Social Trading Platform, which is integrated into “My LiteForex” (the clients’ area of the broker’s website). It is a web-based platform that enables users to analyze traders and choose the ones to automatically copy their trading signals.

LiteForex Review - Claws & Horns Analysis
LiteForex Review – Claws & Horns Analysis

The broker is also renowned for providing additional helpful trading tools and apps to their clients. Some of those tools include the LiteForex Analytics, The art of Analysis from Claws & Horns, VPS, Forex Blog, Economic Calendar, and several LiteForex Mobile Apps, such as Forex Signals, Forex Analysis, Trading strategies, and more.

LiteForex Research & Education

LiteForex has a series of articles targeted at new traders. There are over 25 articles that cover various topics including fundamental analysis, technical analysis, indicators, trading strategies, and money management. The broker also has a glossary of over 200 trading terminologies and their definitions. They have a list of recommended books.

LiteForex Review - Economic Calendar
LiteForex Review – Economic Calendar

LiteForex Trading Accounts

The broker offers these two account types:

  • Classic Account: For beginners; spreads starts from 1.8 pips; and no commissions
  • ECN Account: For experienced traders; spreads start from 0.0 pips; and commissions start from $5 per lot

The minimum account opening deposit for both account types is $50, and the maximum leverage is 1:500 (1:30 for non-professional EU clients). Swap-free Islamic accounts are available on both account types.

LiteForex Account Funding

LiteForex accepts a number of account funding and withdrawal methods, including credit/debit cards, bank transfers, local transfer, cryptocurrencies (Bitcoin, Ethereum, Litecoin, Monero, and Bitcoin Cash), and online payment processors like Yandex, Skrill, Neteller, QIWI, and Perfect Money.

LiteForex Customer Service

LiteForex’s multi-lingual customer support team is available 24/5 and can be reached via instant web chat, phone lines, or email. There is also a ‘feedback’ form on the website. They can also be reached on Facebook, LinkedIn, Instagram, Pinterest, Twitter, Telegram, and YouTube.

LiteForex Regulation

The broker is regulated in two jurisdictions — Europe and the Marshall Islands. In the Marshall Islands, LiteForex Investment Limited, which operates the website:, is registered and regulated in accordance with the Marshall Islands Business Corporation Act.

LiteForex (Europe) Limited, which operates the website:, is a registered Cyprus Investment Firm (CIF) with the registration number HE230122. The broker is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number: 093/08, and they operate in accordance with the ESMA’s MiFID ii rules.

LiteForex Review Summary

LiteForex is an online trading broker that offers trading in multiple asset classes via the MT4 and MT5 trading platforms, as well as a web-based social trading platform. They provide a selection of trading tools and educational resources.

It is worth mentioning that some of the trading products and services in this LiteForex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the LiteForex broker website which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.














  • MT4 and MT5
  • Social trading platform
  • Several useful trading tools
  • A selection of educational resources