What do you like best about LiteForex?

Customer support is only available via chat. Emails are not answered.

What would you improve about LiteForex?

Unfortunately, withdrawals are not being processed. They always say there are technical issues. That happened three weeks ago.

Overall

I cannot recommend Liteforex and would not recommend anyone to invest money there. My money is still three weeks in pending and nothing happen from liteforex.

Stay away, this broker is scam.

Overall

few days ago i just signed up with litefinance to after verification i asked support that if anyone can see my balance if i use someones referal code ... and the answer was "no" after few days some random guys sent me my "account balance" my trading accounts and etc ... im concerned about the other data that i gave them during verification im sure they will sell that too
if youre ineterested i have the chats with supports they say if you dont want to share your info with others unsubscribe

Overall

Хороший аналитический блок, интересные статьи. В целом торговля без нареканий, деньги выводятся.

Overall

Litefinance

Overall

Lose more than $5000 ???.
I don't believe it so much. I've trade in many brokers, and one is Liteforex broker. I know well about this broker because i've trade there more than 8 years more. While i got problems they always help me so welcome. They guide me and guide me to solve the problems.
DO you remember when this liteforex broker having trouble its server and all trader loss their money, perhaps its happen in 2007, i don't remember exactly. Liteforex VERY VERY responsible and PAY BACK all money that loss due to the server error.

I'm salute for this one broker. Perhaps, you are using tradebalance trading strategy that disallowed in this broker. And I'm SURE you are obey the rules there.

Overall

Hi, all,

my recent LiteForex results,

Judge by yourselves any case what might will happen to you soon.

Stop Loss order I made was no meaning , just leaded to huge loss.
Anyway, I think sharing information is very important with you all.

https://www.myfxbook.com/members/otprofit/my-ea-liteforex/1167823

Overall

LiteForex is SCAM

I did Withdrawal at 23.01.2014 to my Bank Account. The same account from which I made ​​the first deposit
Since 23/01/2014 I'm hearing hundreds lies from LiteForex support. I demand confirmation of the transfer of their hand. Of course they didnt sent it to me. They play for time and want to withdrawal me money ito Skrill account (that i dont have). they want to gain some time and by telling me to open Skrill acount. They lie that they sent wire transfer two times and transfer intermediary bank turned him unaccountably. I managed to see confirm of the wire transfer, which of course they not sent to me.

I'm currently at the stage of fraud in some institution like:
Custodian bank
SIBA
Russian prosecutors
other not Russina prosecutors
and many other to make case of LiteForex SCAM public.

To warn of potential and existing customers'm at the stage of creating a website documenting the entire financial pyramid which is LiteForex.

Of course, it will be also published on all of the recorded telephone conversations, chat records and mails.

Will also be released to the public all personal data of persons from support and board of the company.

I have also request the depositary bank to check that LiteForex did some transfers to my account and when. Of course it is only to proof the scam and publihs this document.

Soon more info

Overall

Hello LiteForex Representative

I've watched the LiteForex "Rep" lie time after time on the FPA to justify your companies actions for holding profits from your clients, and now you appear to lie about this clients account, in your quest to cover up your companies wrongful doing, are you the only one that can't see the swaps on clients statement. To me, looking at all the cases listed against yous on reviews site, your company can't seem to afford large payouts.

Good luck
ilearn2t

Overall

Dear Sir,

We have just discovered that it seems like you have been cheating on us for some time.

The swap-free accounts are dedicated to muslim customers to allow them abide their religious canons,
but you used such account to hedge the positions with negative swap accrual at our company and the other broker with positive swap accrual to make profit with no risk.

Sorry, but we cannot tolerate such behaviour.

Sincerely,
LiteForex Representative

Overall

Hello, I’m Luca Novello, old account MT4-F-122435 (now closed by them).
LiteForex broker steals the money of the customers:
when I ask for a withdrawal, LiteForex does not give money;
LiteForex closes customer's account;
LiteForex change the profits made by customers (see its Regulation 6.8);
LiteForex unfairly investigates its customers for recycling;
LiteForex tells lies to justify his actions;
LiteForex says to contact support, but then does not respond to emails.
LiteForex is a scam broker.
Now I will tell you about my last experience.

I noticed a couple of days ago that the account balances are not correct: they have changed the balance of my account? Have they used brute force to change my earnings?
Now I tell you the numbers that were until 20/02/2014:
Money transferred from Italy to LiteForex: € 30.505,00
Interests: € 241,83
Total Profit: € 33.062,51
Total swaps: € -453,24
Account Balance to 12/28/2013: € 63.149,21
On 12/28/2013, request for withdrawal: € 31.500,00
On 02/19/2014, request for withdrawal: € 31.800,00
After two months of email, chat, facebook, controversy, on 02/24/2014 LiteForex pays € 31.500,00 (ticket 12/28/2013)
Withdrawals now pending: € -31.800,00
Balance: € 56,10

When I asked the last withdrawal (ticket 21721091 - € 31.800,00) the balance of my account was found to be € 56.10

Now I have logged into LiteForex's site and I see the following:
Total profit: € 1.653,21 instead of € 33.062,51
Balance: € 446,80 instead of € 56,10

If there were problems with my trades, because don't they tell me before? They have arbitrarily changed the results: is this scam or correct behavior? Are these behaviors of a society fair and honest?
Dear LiteForex, restore immediately the correct balance and profit or I'll report you to the police! Do you think that an international tribunal gives reason to me or to you? I ask you to withdraw all my money! If you do not give me the money I gained, I ask you also moral damages.
Remember that I have proof of everything I say and these are not insults, they are proven facts!

Overall

Good broker but I am not satidfied with their live chat

Overall

Today added this part in their regulations

7.3 The company has a right to liquidatecleint's PAMM account, informing the client aboutit in advance, if profiatbility is equal or less than -95%.

source
http://www.liteforex.com/download/regulations.pdf

Overall

I like this broker in general.

They're not a place to go with high-speed tick-scalpers, but they do have a very nice PAMM system with some pretty decent traders generating nice returns for their followers.

Only issue I have with the PAMM system (other than that it's perfect) is that stats and account equity isn't calculated daily (or better: live).

Overall

Anyone like me, Seen the LiteForex is scam??

Any one can check his PAMM AC is like me!?
I have Test the PAMM Investor and the manager!

All Offer is incorrect! and I ask the Support,
Always say all is correct!
trading AC is not proportion with Master AC.
And the Investor AC look like that!

Make profit by entry late !
they make order profit in 0 result!

I have been test I deposit as the example investor 2,
http://www.myfxbook.com/files/AP2404/investor2.jpg

But they are remark my profit of the first order to 0.
http://www.myfxbook.com/files/AP2404/75005.jpg

So if you are using they PAMM,
Be check!

K Lam

Overall

average broker. not that good but not that bad neither. and this things happen. 😲

liteforex
http://www.myfxbook.com/files/4xpinoy/liteforex_eurusd_ax.gif

other broker
http://www.myfxbook.com/files/4xpinoy/other_broker_eurusd.gif

Overall

I had working with LiteForex for about 6 months, with lite and floating spread accounts.

I need to say that it is average an all, spreads, comissions, speed. Then have good rebate (1.5 pips) when you enable that option on your accounts, you can choose fixed or variable spread. On fixed spread, majors are about 3 pips, on variable I sometimes found EUR/USD and GBP/USD to have less than a pip (0.7 is the minimum I had gotten).

Almost all majors and crosses are less than 5 pips on variable spread. They have other services like the Liteforex Card (something like a prepaid card. I don't have enough cash to justify a withdraw right now, but I made a test of only 10 bucks and it was fast, less than an hour)

Also they have PAMM accounts, that is wonderful if you are an investor and want to win on forex without knowing anything of trading it, or if you are a trade and want to win more with your strategy.

I'm from Mexico.

Overall

Been using Lite for over a year - not all bad. Could be faster and could have less requotes but overall I am satisfied. I don't think I will change.

Overall

this is a good broker, I have been with them for 2 years now, if I have a problem they fix it for me, they have fixed spreads, and no problems with withdrawing money, I will recommend this broker to anyone!!

Overall

Good service.
Lite account perfect for EA as cent account gives room to trade even with little money.
Overall very satisfied.

Overall

Good broker