چیتا پلاس | سامانه خرید و ارسال سفارشی کالا

Additionally, the broker offers a range xcritical scam of educational guides, which are freely available on the website. I appreciated their diversity and sharp focus on technical analysis, fundamental analysis, and trading psychology. The broker also offers Islamic accounts for swap-free trading, as mandated under Shariah law. Traders who want to open an Islamic account need to contact LiteForex’s customer support and request the service. The broker offers 73 instruments in total, notably lacking any share CFDs and cryptocurrencies. On the one hand, the broker should be praised for offering plenty of minor forex pairs, such as USDTRY, USDMXN, and GBPSEK.

I performed my tests on a Classic trading account using the desktop versions of MetaTrader 5 and the broker’s proprietary platform. Some features and services may vary depending on where you reside and which entity you open an account with. LiteFinance offers various deposit and withdrawal methods to cater to the diverse needs of its clients. These include electronic payment systems, bank transfers, credit card transfers, and cryptocurrencies, ensuring flexibility and convenience for traders worldwide. LiteFinance offers an excellent range of trading platforms to cater to different trading preferences.

Trader Tools

Overall, tighter spreads and cheaper commissions are offered at other brokers, such as XM. Web users have the same access to real-time quotes, charting tools, and trading history directly from their browser. The terminal is compatible with any operating system, including MacOS, and is accessible once you have your account login details. The MT4 platform is the go-to choice for many individuals, whether they are new to trading or seasoned professionals. The smart interface is packed with custom tools to boost advanced trading techniques, including over 50 built-in indicators and graphical objects.

LiteFinance Review

The high trading costs remain, and at its present state, LiteFinance cannot be said to be a good broker. Despite 16 years as a brokerage, LiteFinance, previously known as LiteForex, appears to undergo unfavorable changes. It could explain its corporate headquarters move and expansion into less-regulated cryptocurrency activities. Regrettably, none had a positive impact, making LiteFinance a less transparent, secure, and trustworthy brokerage. They contain lots of practical insights, e.g. how to use intraday trading strategies, Fibonacci retracements, etc.

1. LiteFinance is an unregulated Forex and CFD broker operational since 2021 out of St. Vincent and the Grenadines, with a subsidiary regulated in Cyprus.
2. My findings indicate that the broker charges average-to-high swaps compared to the industry average.
3. This combination is not particularly suitable for longer-term trading strategies (swing trading and position trading).
4. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
5. Our broker ratings are also informed by the experience of our researchers during the evaluation process.

Liteforex Review

Compared to the industry average, LiteForex offers an average amount of forex pairs and commodities, and a high amount of indices. It facilitates technical analysis by providing an overview of price action behavior. Chart artists use many xcritical analytical tools and chart configuration possibilities to examine it from multiple angles.

In my experience, the really important aspect of a chart is how easy it is to scale price action up and down. In addition to regular contests, LiteFinance periodically holds regional contests for its clients from specific countries. Prizes in such contests are usually substantial and impressive, often including brand new cars, motorbikes, expensive laptops, and more. The presentation of these prizes often takes place at gala dinners for traders, adding an element of excitement and prestige to participating in these contests.

What Are CFDs?

Compare LiteForex Europe with the top 3 similar brokers that accept traders from your location. Spreads at LiteForex Europe are floating from 0 pips with the ECN account, though average spreads start from 4 pips for major pairs and 1 point for major indices. LiteFinance does not advertise its deposit and withdrawal policies, but some traders have reported issues and cancellations. Since rebranding from LiteForex to LiteFinance, transparency dropped, and issues arose.

Available in 22 languages, the MT4 and MT5 mobile apps are suitable for iOS and Android (APK) smartphone and tablet users. The apps come with the same features as their desktop counterparts and allow for full-fledged technical analysis with custom charting tools and trade execution capabilities. I like the trading environment at LiteFinance for cryptocurrency traders who seek a copy trading service. LiteFinance, previously known as LiteForex, faces technical issues and experiences a rise in fraud claims.