LiteForex Review
Forex broker general information
LiteForex broker is a Forex broker that offers its services through the leading trading platform, MT4. It was established in the year 2005 and it makes the Forex market easily accessible, profitable and safe for traders from any part of the world. LiteForex is the first of the brokers to have created the cent accounts service having an initial deposit of just $1.
Because of this special service, Forex has come to reach hundreds of thousands of people. In addition to creating a major landmark in the development of the Forex market, this feature also differentiates this trader from most of the other brokers that would require you to make an initial deposit of $100. LiteForex is regulated by SIBA, Seychelles and it is a reputed part of the Member of Russian Association of Financial Markets Members (RAFMM). Full Liteforex review and Liteforex bonus review you can read in our partner site.
Trading platforms
LiteForex offers the most widely used trading platform, MetaTrader 4. In addition, they also allow you to start trading on the new platform, MetaTrader 5.
Forex bonus
LiteForex offers a special initial deposit bonus of 30%. The bonus amount is credited into your account within 24 hours of registration. If you want to get this bonus, it would be required to make an initial deposit of minimum $100 through any of the payment method offered by the trader. Once you make the payment, visit the “Get Bonus” box to avail the bonus amount. In addition, LiteForex also offers a loyalty bonus of 15% to its existing member traders for their deposits.
Social network
LiteForex has an unparalleled presence and following on the leading social networking sites. for example, its official page on Facebook has hundreds of thousands of fans, something that is rare to find among other Forex brokers, even with the leading ones.
Payment methods
LiteForex enables you to make payments through the following popular methods that are widely used in the Forex market:
• MasterCard
• Visa card
• Skrill or Moneybookers
• WebMoney
• bitcoin
• Liberty Reserve
• PM
• liqpay
• cashU
• OK PAY
• Bank Wire Transfer
Support
When it comes to customer support, LiteForex offers quality customer services 24 hours a day and 5 days a week. The different contact modes offered are:
• Live Chat
• Telephone
• Call Back service
• Email
• Community
• FAQs
LiteForex offers toll-free contact numbers in some leading countries including:
• USA
• Canada
• Mexico
• Argentina
• Brazil
• Colombia
• Russia
• Malaysia
• Indonesia
Conclusion
In its short career in the Forex brokerage market, LiteForex has emerged as a popular name in the industry. In addition to offering a relatively lower initial deposit that allows just anyone to start testing the waters in online trading, LiteForex also offers a highly user-friendly customer support service. They allow traders to take leverage up to maximum 1:500. You can also sign-up for their PAMM account if you are an investor who wants to focus his/her money for passive investment.