LiteForex
Advantages:
* Metatrader Forex broker
* WebMoney deposit/withdraw method
* Very low minimum deposit to start trading
Disadvantages:
* No important disadvantages
Click here to open an account with LiteForex
or click the comments below to see reviews Reviews:
User reviews of LiteForex are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts. You also can submit your comments.
1 comments:
Mohamed Mahmoud from Egypt 03/06/2009
There are good see the money after deposit it on 1 sec.
but they don't have islamic accounts we need this on liteforex to be the best always.
s kuhan from malaysia 03/04/2009
this broker is a joke,
not only i got problem with depositing fund, i got problem when i requesting for a withdrawal as well,
they gave me so much hussle and takes time,
seems like money going in wont coming out from their pocket. 1 star for Lite forex. i stop using it since today.
gondol from malaysia 10/30/2008
terrible broker. slow server. impossible to make profits. every time requote price even with 20 pips deviation. very hard to close order too until negative then it will close. requote, invalid price, time expired and all sorts of messages come out. my honest advice to all of you. avoid this broker.
Tempe from Malaysia 10/07/2008
Liteforex started well. Instance funding, fast execution, fast withdrawal. However, it has turned to be not efficient anymore. No instance funding anymore. I have deposited on 2nd Oct but till now I have yet to see it in my account. I have sent many emails, but no action taken. I feel really dissapointed with them.
igweh from nigeria 08/19/2008
i submitted the review on liteforex on the 08/08/2008 about the experiences i have during announcement. i have diceded not to leave them because most, if not all brokers, one way or the order make things difficult for thier clients during announcements from hiking spreads to turning winning trades int loosing ones.for me it's not enough reason to leave a broker. i am sticking with them. at least i enjoy other benefits. and withdrawal is fast.
benjamin igweh from nigeria 08/08/2008
i thought they were the very best brokers for the 6 months i trade with them untill something happened which initially i though was my fault untill it happened 2 more times . i ussually trade news with buy and sell stop pending orders . i place two pending orders of buy stop and sell stop 2 to 1 munits to the announcements like non farmpay roll ther mportant once. i only add 10 to 15 pips above and below the current price before announcement. what LITEFOREX always do to me during release of key important announce is to increase my set entry to MAKE ME LOSS my money. e.g if EURUSD is @ 1.5900 before announcement, i ll set my entry @ 1.5910 iif price eventually go up to 1.5980 LITEFOREX will ridiculiuosly increase my enty price to the end of the first price hike! @ 1.5980 . ead counting about 70 pips in profit , @ that price i will begin to loss from the price drop from 1.5980. this is just nothing but evil. if you want to make it in the market avoud them. for me i am quitting. you can cantact me @ chisco4guud@yahoo.com or call 234+07035447315 for more details .
ben from Nigeria.
Wan Mohamad from Malaysia 08/05/2008
I have been trading using LiteForex for about one year now. Initially, they are good and reliable. Fast execution and instant funding of deposit.
However, they have been performing quite badly lately. My latest experience has made me decided not to continue using their service after this. Due to my account approaching margin call, I deposited some money into the account using Liberty reserve. 28 hours later, I have yet to see the money in my account. Today,my account balance is fast depleting (soon to be margin-called,I beleive).
I have this feeling that liteForex purposely let this happen so that they can steal customers' money by means of the margin call. Yes, I read in a forum somewhere of similar case involving Liteforex. The money only appeared in the guy's account AFTER the account has been margin-called !!
Bolade Ajibola from Nigeria 04/19/2008
Honestly speaking, i have a live trading account with other brokers before i discovered Liteforex. Liteforex is too transparency in their dealing compare to other brokers, They are the best for now, leverage, pips, lots, currency pairs. I love them too much.
soulhunter from CostaRica 04/07/2008
Good broker but some slow execution in some times but only have this problem, because I think is so good.
Patrick Ingle from New York 08/16/2007
Great for validating your Metatrade EA's on a live system without risking large sums of money
Hisoka147 from Philippines 07/24/2007
I admit that this is a very nice broker that even accepts a little amount of 1$ to trade and they even use the most popular trading platform known as the mt4. I don't have any problem regarding about depositing funds into your account because it is instantly credited in your account, but what I really don't like is their withdrawal system that takes almost 1 business day to process.
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