Opinions and information about the forex broker LiteForex
¿It is the broker LiteForex (also known as liteforex.es and liteforex.eu) really reliable? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The LiteForex broker is a broker of: CFDs, Cryptocurrencies and Forex.
The broker mentions to be part of: LiteForex Investments Limited and Liteforex (Europe) Limited.
LiteForex is based in: they mention the Marshall Islands and Cyprus, depending on the client's location.
If we talk about regulation, LiteForex is: LiteForex is regulated in Cyprus and the Marshall Islands, depending on the location of the client.
They have, as far as we are aware, three websites:
When analyzing the different types of accounts that the broker offers, we note that there are 3 different account types.
The first option is the CENT account, this is the most "basic" account and recommended for traders who are just starting out. The minimum deposit in this case is $ 10, the leverage is 1: 1000, and it also has a 30% deposit bonus.
The CLASSIC account follows, the characteristics of this account are, $ 50 minimum deposit, 1: 500 leverage and also a 30% deposit bonus, at, and a floating spread of 1.8 pips.
The third type of account is the ECN account, in this case the minimum deposit is also $ 50, although in this case the leverage is 1: 400. The biggest difference between this type of account and the previous ones is that it is operated with ECN, which is Electronic Communications Network, where when carrying out purchase - sale transactions, there is no intervention of the broker as a counterpart, in this type of account the trader is protected against non-commercial risks.
One point in favor of this broker is the resources it offers on its website. We see that it has a section in the menu, "Trader Tools". Here we can find the usual tools such as economic calendar, calculator for traders. We can also find tools such as glossaries, trading strategies, and webinars, in this aspect the broker is quite complete.
LiteForex broker features
| Foundation | 2005 |
| Supported platforms | MT4, MT4 Web Terminal, MT5 |
| Available in Spanish | Si |
| Customer service in Spanish | Si |
| Hear demo | Si |
| Bonuses or promotions | Yes* |
| Commission | Si |
| Minimum deposit | $ 10 |
| Leverage | 1: 1000 maximum (may vary by account type) |
| Deposit options | Credit card, debit cards, local deposit / withdrawal, bank transfer, wire transfer, WebMoney, Qiwi, Neteller, Skrill, Moneta.ru, OKPAY, PM - Perfect Money, W1 - Wallet One, Payeer. |
| Withdrawal options | Credit card, debit cards, local deposit / withdrawal, bank transfer, wire transfer, WebMoney, Qiwi, Neteller, Skrill, Moneta.ru, OKPAY, PM - Perfect Money, W1 - Wallet One, Payeer. |
| Account types | CENT, CLASSIC and ECN |
| CFDs | Si |
| Metals | Si |
| Oil | Si |
| Gold | Si |
| Hint | Si |
| Actions (stocks) | Si |
| Raw materials (commodities) | Si |
| Withdrawal fees | Si |
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Additional information about the company
Phone number: Argentina: 0800-333-1705, Spain: 900-838595, Peru: 0800-54745, Mexico: 01-800-681-1849, Chile: 1230-020-7774, Colombia: 01800-518-2918 9 AM - 9 PM (GMT +2) (Monday to Friday)
Email: [email protected] y [email protected]
Website: www.liteforex.es y liteforex.eu
Clarification: Note that LiteForex works in different countries, so the information provided may not apply to your country.
* Bonuses or promotions: 1) Bonus of 200% for each deposit greater than $ 100 2) Refund of commissions charged when depositing with bank cards 3) Return of up to 35% of the spread 4) Plus 30%, for each deposit that is greater than $ 100, and that has been made within 24 hours after opening the account, you will get a 30% bonus. 5) Contest for partners 6) Contest for demo accounts
LiteForex valuation
With the information we have so far, the comments, opinions and reviews of users and traders, our opinion is an unreliable broker. We have found many comments from people and clients complaining, especially in Latin American countries.
Do you know this broker? Have you operated with him? Do you think our opinion is not correct? Leave a comment with your experience.
Are you part of LiteForex? Are you a representative or worker of the company? Write to us here >> use this form <<
↓ ↓ ↓ Traders and users score
May 7, 2020 at 12:01 AM
Hello everyone
I have a long time to operate with them, but always with small amounts, in this time I have seen and proven that this platform is not reliable, in many moments that I have open operations, either BUY or SELL I have noticed that they alter the results and the charts, for example I open a trade with sell, it goes well and from one moment to the next it is reversed and the trade is closed and I lose the money, I look at the chart and the change in the market appears, but I look at other charts from other pages of that time and that never happened and I even look at the graphic on this page later and you don't appear. I was investigating and it is that in many of these pages such as LITEFOREX, FOREX24, ETORO, and others more PLUSFOREX they when they see that you are making money they alter the results so that you lose money.
In conclusion for me and others who know this page and saw what it is like, they are only here to steal your money.
I have more than 5 years of this page and in all this time I have seen the same thing.
May 7, 2020 at 11:59 AM
Hello Gerardo, we thank you for sharing with us your experience with the LiteForex broker.
Do you have any other information about the broker (such as names of advisers, phone numbers, emails)? Relevant data or information about your experience with them.
a greeting
February 4, 2020 at 10:53 am
Regards,
My situation with liteforex is strange since they have many clients, I happened to deposit with a debit card at the time of verifying it, I did, but at the time of withdrawing I could not because another card with the same number appeared at the beginning of the card and from the same bank I told them that it was not mine and they accused me that many people do that I wrote to them and told them to audit their system since it was impossible to use a card that was not mine but in the end they always win and they keep the money since nor regulated are
February 7, 2020 at 10:59 am
Hello Jean, we thank you for sharing with us your experience with the LiteForex broker, in principle, how did you decide to invest with them?
Do you have any other information about the broker (such as emails, names of advisers, phone numbers)? Relevant data or information about your experience with them. Did you deposit through a payment processor?
a greeting
November 18, 2018 at 12:01 PM
Hello, I know this broker, I have been in the forex world for many years, it is pure mafia, now they have a part in Marshall Islands and another in Cyprus, I have evidence from highly trusted people about all the scams they have done throughout his story. If someone needs detailed information before investing with these pirates, ask me without any other interest than to unmask them for the damage they do to the market.
regards
November 19, 2018 at 4:05 AM
Hi Jorge, it is a real shame what you mention, but we appreciate you sharing your experience with LiteForex with us.
Greetings.
December 8, 2018 at 4:09 pm
Good afternoon Jorge, can you advise me and they are offering to enter with 200 dollars, but I really don't know about it. Would you help me? My cell phone number 3122238481 in Colombia.
Successes
May 3, 2019 at 2:49 PM
Provide evidence please ...
August 16, 2019 at 4:30 pm
Please give me the information you have about this broker whatsapp +50760819166 thank you
December 18, 2019 at 3:25 AM
Jorge, I want you to give me that information, they suggested that I invest in this broker, obviously I don't want to lose, but if I want the money, the less there is to be gained, so it is little.
May 21, 2020 at 6:56 PM
Dear Jorge with the experience that you have to recommend Broker to operate gold?
October 22, 2018 at 9:08 pm
I have operated with this broker for 4 months, I have never had problems and the withdrawal is immediate (via skrill). What it does not have is advice, only at the time of opening the account.
October 23, 2018 at 10:14 AM
Hi Lucas, thank you very much for sharing your experience with LiteForex with us. Do you remember how you came to find this company?
regards
April 26, 2017 at 3:25 PM
NOT RECOMMENDED, BE CAREFUL WITH THESE MEN
November 23, 2017 at 3:59 PM
Hello Roberto, thank you very much for sharing your opinion with us, can you expand your experience a little more?
A greeting.
February 5, 2017 at 1:27 am
Well, I do not recommend this one, very slow to deliver payments and money
February 15, 2017 at 3:36 PM
Hello Juanrozas, thank you very much for your opinion.
February 16, 2017 at 10:25 PM
Good luck if you have managed to get the money back, even if it's late ...
These are not recommended at all.
February 17, 2017 at 11:27 am
Thank you very much for your opinion Juan Rojas, if you can tell us more about your experience we would appreciate it.