Know everything about LiteForex Trading Account here.

Aleksey Smirnov set up the LiteForex company in 2008 with headquarters in Cyprus. CySEC regulates LiteForex.

LiteForex Online Trading offers the foremost MetaTrader 4 and MetaTrader 5 platforms.

MT4 and MT5 were set up in 2005 and 2010 respectively and now occupy a leading position in global trading.

The company has over 500,000 clients. The regulated Forex and CFD broker offers a range of instruments for trading like indices and shares, commodities, and crypto-currencies.

LiteForex Online Trading is possible on the web browser and mobile apps.

You have the option to trade directly on a browser online via the WebTrader interface. Well-established simple procedures enable quick and easy trading.

Account opening for trading is simple and requires only a few minutes.


LiteForex Trading Account and Benefits

LiteForex Trading Account is quite user-friendly and the web platform allows customization. Traders use several chart types, line, candlestick, and bars among them.

LiteForex Trading Account

MT5 offers additional analytical tools like 21 timeframes and an economic calendar.

Trading assets on forex include major, minor and exotic currency pairs.

Gold and Oil trading has consistent liquidity. CFD trading refers to major global indices that include US30 (Dow Jones).

Crypto-currency trading includes pairs and includes Bitcoin as a change from the conventional assets.

ECN account follows a commission-based procedure while Classic account uses a spread-based system.

Users select the leverage they want while signing up. Leverage is available up to 1:500.

Along with web trading, mobile apps also facilitate trading via MT4 and MT5 platforms. Free downloads for mobile apps are available for both android and ioS devices.


Fill up the Form – Open Forex Trading Account Now!


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    LiteForex Trading Account Charges

    Trading Account Charges
    Account TypeECNCLASSIC
    Initial Deposit$50$50
    Spreadfloating, from 0.0 pointsfloating, from 1.8 points
    CommissionFrom 5$ per lotNo
    Leverage1:500 – 1:11:500 – 1:1

    Here are the account charges for the LiteForex Trading account:

    ECN

    LiteForex Online Trading ECN account requires an initial opening deposit of $50. Spreads are floating from 0.0 points. Commissions begin from $5 per lot.

    The minimum lot is 0.01 and the maximum lot is 100. The leverage range extends from 1:500 – 1:1.

    The execution type is market execution.

    The platforms used are MT4 and MT5. Account base currency is USD, EUR, MBT. Rate per annum amounts to 2.5%.

    Negative balance protection, social trading, and Islamic accounts are available. The maximum number of orders is unlimited.

    Classic

    CLASSIC account initial deposit is also $50. Floating spread commences from 1.8 points. No commission is charged in this account. Leverage extends from 1:500 – 1:1.


    Types of LiteForex Trading Account

    Types of Trading Account
    Trading Desk TypeECN
    Min Deposit$50
    Maximum Leverage01:30
    Mini AccountNo
    Premium AccountNo
    DEMO ACCOUNTYes
    Islamic AccountYes
    Segregated AccountNo
    Managed AccountYes
    Institutional AccountNo
    Suitable for beginnersYes
    Suitable for professionalsYes
    Suitable for scalpingYes
    Suitable for daily tradingYes
    Suitable for Weekly tradingYes
    Suitable for swing tradingYes

    LiteForex Trading Account offers 2 types.

    They are ECN and Classic accounts.

    ECN or Electronic Communications Network accounts charge commissions. ECN accounts are meant for experienced professional traders.

    Classic accounts do not charge commission but follow the system of spreads and get incomes from spreads charges.

    A demo account serves as an introduction and learning tool for beginners without any financial risk.

    The demo account is free of charge but does not offer virtual currency.

    ECN account

    The most popular professional trading account ECN requires a minimum deposit of $50.

    Using ECN technology, you receive 2.5% per annum in your account.

    Enjoy increased precision of quotes along with market execution of orders without requotes. There are no stop and limit levels. News trading and scalping are allowed.

    Without any conflicts of interest, trades get delivered directly to liquidity providers. The social trading facility exists and the leverage level is 1:500 with an unlimited duration of transactions.


    LiteForex Account Opening and Trading Process

    LiteForex Trading Account opening requires the registration of a profile to open a trading account. You need a live trading account and not a demo account.

    After the personal profile of the client is registered, the trading account is automatically created.

    Now click on the DEPOSIT and follow one of the several ways of depositing funds.  The Trade Panel reflects the money amount that has been deposited.

    Select an asset to trade like the very popular currency pair EURUSD. Clicking on the EURUSD tab opens a window.

    Study the price chart now. A candlestick chart is displayed by default.

    Now comes the question of buy or sell, the 2 kinds of trade.

    The question requires technical research to understand the market conditions.

    Profits are made from both rising and falling prices. What will happen later? If the price is falling, the assets will be sold. If the price is rising, it is better to buy.

    Making trading decisions wisely is tricky and requires sustained effort and references to indicators and signals, tips, and customer support.

    Suppose you decide to Sell. Choose the sell trade. The price is mentioned. Now the amount of investment has to be decided.

    The greater the investment, the greater are the potential profits and risks too. By a lot, we mean the trade volume and one lot represents 100,000 units of the base currency.

    Using leverage offered by the company, 1 lot costs $500. Reducing the risk, decide upon 0.5 lot.

    Click on the SELL button and the broker receives the order. A confirmed message appears specifying the price of execution.


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    LiteForex Trading Account – Features

    Trading Features
    Educational ServicesYes
    Social Trading / Copy TradingYes
    Trading SignalsYes
    Email AlertsYes
    Guaranteed Stop LossYes
    Guaranteed Limit OrdersYes
    Guaranteed Fills / LiquidityYes
    OCO OrdersNo
    Trailing SP/TPYes
    Automated TradingYes
    API TradingNo
    VPS ServicesYes
    Trading From ChartYes
    Interest On MarginYes
    Offers HedgingYes
    Offers PromotionsYes
    One-Click TradingYes
    Expert AdvisorsYes
    Other Trading FeaturesNo

    LiteForex Trading Account offers ECN, Classic, and Islamic accounts.

    Beginners and professionals alike feel at home with the superbly designed infrastructure.

    Managed account, scalping, swing trading, and daily and weekly trading are all possible with LiteForex.

    Educational services for traders are offered.

    Social trading and copy trading, trading signals, and email alerts along with guaranteed stop loss bring safety to traders.

    Automated trading is often a blessing just like trading from charts. Guaranteed limit orders and fills/liquidity are some awesome features like VPS services.

    Trailing SP/TP is likewise an excellent facility.

    Gain interest on margin and offer to hedge.

    Offers promotions and one-click trading help many traders. Expert advisers bring lots of confidence with specific tips.

    The exclusive ECN or Electronic Communications Network promotes Forex trade without the intervention of brokers.

    Experienced professional traders and investors use the ECN trading account.

    The ECN advantages include a high annual interest on unused funds. ECN gives deep liquidity along with low floating spreads.

    Modern ECN technology ensures stable fast execution and the best prices on the market.


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    LiteForex Trading Account – Conclusion

    LiteForex Trading Account has achieved sensational success in online trading.

    The company offers an optimal range of trading accounts geared for forex markets. Any type of trader will find an account that matches their specific needs.

    Yet, simplicity is the hallmark of trading procedures to benefit every trader, novice or professional.

    LiteForex offers commissions or spreads according to the nature of the trading account.  Spreads may be fixed or floating. Make use of the large leverage offered.

    Trading platforms are the very robust MetaTrader 4 and MetaTrader 5.

    There cannot be anything better. Independent or Investment trading benefits various categories of traders.

    Trading assets of a rich variety deal with currencies and oil, CFD NYSE and CFD NASDAQ, metal, and global stock indices.


    LiteForex Online Trading – FAQs

    Here is the list of LiteForex Onnline Trading FAQs:

    Does LiteForex provide Online Trading?

    Among the leading global traders, LiteForex Online Trading offers online trading of 2 kinds, the web platform, and mobile apps.

    Working with MT4 and MT5, the mobile apps cater to both android and iOS systems. They offer a range of accounts to suit a variety of traders.

    A demo account helps the learning process for beginners.

    What are the Commission Charges in LiteForex?

    LiteForex Trading Account Commission charges apply to the ECN account while the Classic account takes fees from the spreads.

    The commission charged in the ECN account starts from $5 per lot. In both ECN and Classic accounts, the initial deposit is fixed at $50.

    The leverage for both the ECN account and Classic accounts is 1:500 – 1:1.

    Does LiteForex provide Demo account Trading?

    LiteForex Trading Account does provide a Demo account that is particularly useful in understanding the trading process and adjusting with the requirements.

    Opening a demo account is free.

    LifeForex does not offer virtual currency in the demo account that some other companies may provide for practice trading without financial risk.

    Get used to the system with a demo account.

    Is trading Free at LiteForex?

    Opening an account and using the demo features does not require any payments.

    However, a live trading account of both the ECN type and Classic type requires a minimum deposit of $50.

    ECN charges a commission for trades and Classic charges are based on spreads.

    Commissions and spreads differ according to the nature of the assets being traded.

    Does LiteForex provide Spot Metals Trading?

    Gold is the foremost metal and trading on gold prices internationally is big business.

    Silver is also important. Trading concerns the money the trader is willing to invest. Risks must be considered.

    When gold prices are low and research suggests that the price will increase, it is the right time to buy gold shares.

    When prices are high it is time to sell.

    What are Spot Metals Trading Charges at LiteForex?

    Gold and Silver are the leading metal trading assets.

    They offer an alternative investment to currency trading.

    With high permanent liquidity, and available 24/5, the leverage offered is up to 1:400.

    An example of an ECN contract with XAUUSD, the contract size is 100, the spread is 1.3 and the swap long is -8.1048.

    Does LiteForex provide Stock Trading?

    Global Stock Indexes are among the instruments traded at LiteForex.

    Foremost American and European, Asian, and Australian indexes are traded.

    Currency, metals, and oil indexes are traded. Further, LifeForex enables trading in CFD NYSE and CFD NASDAQ along with crypto-currencies.

    Some index investing advantages are high liquidity and decrease of risks through hedging.

    What is Spread at LiteForex?

    LiteForex Online Trading follows the system of spreads and collects fees from spreads in the classic account. ECN accounts charge commission and no spreads.

    Spreads in the classic account consider the account type and asset of trade specifically.

    Spreads are usually competitive.

    Major currency pair spreads could be as high as 2 pips. FTSE 100 spreads begin at 1 point.

    Is LiteForex safe for trading?

    Regulated by CySEC, there remains no doubt about the safety of funds with LiteForex.

    With 50,000 clients globally who have trusted them so long, the systematic well-organized trading infrastructure deserves praise.

    Instead of worrying, get down to learning to trade and improving the art and science of trading with all the resources provided.

    Does LiteForex provide Trading Tips?

    Traders constantly need researched analytical tools for better chances at successful trading since the danger of financial loss is always present.

    LiteForex provides ample tools free of charge. Along with expert advisers and customer support, the following are also available.

    • Economic news
    • Trader’s calculator
    • Economic calendar
    • Fibonacci calculator
    • Claws & Horns

    Fill up the Form – Open Forex Trading Account Now!


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