LiteForex Review 2025

Trust

LiteForex Regulations

In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

This is what I discovered about the three entities operating under the LiteForex trade name:

• Liteforex (Europe) Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 093/08. We rate CySEC as a Tier-1 regulator.
• LiteFinance Investment Limited is licensed and regulated by the Financial Services Commission (FSC) of Mauritius. We rate the FSC as a Tier-3 regulator.
• LiteFinance Global LLC is a limited liability company incorporated in St. Vincent and the Grenadines. The entity is not regulated.

Understanding the Regulatory Protections of Your Account

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is what you need to be looking for in a broker in terms of safety mechanisms:

• Segregation of Client Funds: Keeping client funds in segregated bank accounts from the ones used for the broker’s corporate capital negates the risk of accounting errors. Client funds are kept in segregated accounts with LiteForex.
• Negative Balance Protection: This safety mechanism removes the risk of trading losses exceeding the account balance. In other words, the losses you incur from trading are capped at the amount you have put in your trading account. The only entity that does not guarantee negative balance protection is LiteFinance Investment Limited.
• Compensation Scheme: A compensation scheme protects traders against the broker’s liabilities if the company becomes insolvent. Clients of Liteforex (Europe) Ltd are protected by up to EUR 20,000 under the Investor Compensation Fund (ICF).
• Maximum Leverage: Capping the maximum leverage restricts the extent of market exposure to retail traders. The higher the leverage, the higher the potential profits and potential losses. The maximum retail leverage for European clients of LiteForex is 1:30.

Stability and Transparency

In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.

LiteForex has been operating for 17 years. According to its LinkedIn page, the company employs more than 80 professionals.

I conducted a thorough research of LiteForex’s legal documents and found everything to be in order. The Client Agreement is easily accessible and contains all relevant information.

Is LiteForex Safe to Trade With?

I determined that LiteForex can be considered a safe broker due to the following factors:

• Licensed and regulated by CySEC
• Keeps client funds segregated
• Guarantees negative balance protection
• Has a long operational history
• Participates in the ICF

Fees

LiteForex Trading Fees

LiteForex Spreads

I tested LiteForex’s spreads on 12 May 2025 during the London and New York opens. The results are shown in the table below:

My live testing revealed that LiteForex charges average spreads on share CFDs and high spreads on currency pairs, commodities, and indices.

LiteForex Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

According to my findings, LiteForex’s swaps are average to high compared to the benchmark. However, overnight charges tend to change over time.

LiteForex Non-Trading Fees

LiteForex does not impose a handling fee for deposits or withdrawals. The broker also reimburses all third-party fees for deposits.

It charges a relatively low inactivity fee of EUR 3. The fee is applied after 180 days of dormancy and is charged monthly until activity resumes or the account balance drops to zero.

Are LiteForex’s Fees Competitive?

LiteForex’s fees are generally uncompetitive, with spreads that exceed the industry average across most asset classes, except for share CFDs. Swap rates are also on the higher side. On a positive note, the broker charges a relatively low inactivity fee and offers free deposits and withdrawals.

Platforms and Tools

MetaTrader 5 Desktop

I tested the desktop version of MetaTrader 5, one of the most popular platforms among retail traders. The charts, orders, and various instruments are located in easy-to-find places, and even first-time traders can quickly learn their way around. My only gripe with the platform is that its charts feel rugged and outdated compared to newer and sleeker trading stations.

LiteForex’s MT5 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

MT5 features include:

• Alerts-Setting Option: Traders can set alerts for when the price of a given instrument falls/rises to a predetermined level, which could potentially signal a viable entry opportunity.
• Watchlist Customization: Traders can populate watchlists with their favorite instruments and track market changes more easily.
• One-click Trading: This feature enables instant market entries at the spot price and is invaluable for high-precision traders, such as scalpers.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.

In my opinion, MT5 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

Charts

As shown above, MetaTrader’s charts can quickly become cluttered, even with just two indicators. This can obscure price action examination and make it harder to perform detailed technical analysis.

I have broken down the available analytical tools and chart configurations below:

• 38 technical indicators: Including trend-based and volume-based indicators, and oscillators to analyze price action and assess market sentiment, helping predict market movements.
• 24 drawing tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points. However, MT5’s design can make price action harder to interpret.
• 21 timeframes: For multi-timeframe analysis, enabling detailed price action analysis.
• 3 chart types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements.

Orders

MetaTrader 5 features three types of order execution: market, pending, and one-click trading, which supports immediate entries at the spot price.

I have broken down the available order types on the MetaTrader 5 platform below:

• Market Orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit Orders: Guarantee exact price entries but won’t be filled if the price doesn’t reach the trigger level.
• Stop Orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

MT5 Desktop: My Key Takeaways

MetaTrader 5 is a good option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capabilities too rigid and less effective.

LiteFinance App

LiteForex has developed an excellent mobile app with an intuitive design, fluid and detailed charts, and a penetrating overview of price action behavior. The app can be used for trading on the go, account management, and deposits.

LiteFinance App: My Key Takeaways

The app feels smooth and versatile. It is stripped down of any unnecessary or non-essential features, which makes it even easier to navigate. I also appreciated the high-definition charts, which stimulate price action examination even on low-resolution devices.

Forex Analysis App

The Forex Analysis app is an innovative tool that helps traders stay informed of the latest market developments even on the go. The highly informative technical and fundamental analyses provide the user with a clear and comprehensive picture of the underlying market dynamics.

VPS Hosting

LiteForex provides Virtual Private Server (VPS) hosting for low-latency trading and achieving execution speeds of around 5 milliseconds. The service is available against a monthly subscription fee of $15. You can learn more about it here.

Tradable Instruments

Compared to the industry average, LiteForex offers a low number of share CFDs and indices, and an average number of currency pairs and commodities.

What Are CFDs?

Contracts for difference (CFDs) are derivatives that speculate on the underlying asset’s price without physical ownership.

For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

What CFDs Can You Trade With LiteForex?

LiteForex Instruments: My Key Takeaways

LiteForex offers the essential and most widely traded instruments, including a variety of major currency pairs, metals, and energies. However, it lacks other popular assets, such as cryptocurrencies, ETFs, and futures.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I performed my test on 16 May at around 09:27 CET via live chat. An agent connected to the chat within several seconds. I asked a series of questions about LiteForex’s services and fees and received quick and comprehensive answers.

Deposit and Withdrawal

LiteForex Deposits

LiteForex Withdrawals

Account Types and Terms

LiteForex Account Opening Process

To open an account with LiteForex, follow these simple steps:

1. Click ‘Registration’ at the top-right corner.
2. State your country of residence and DOB.
3. Enter your email address and choose a password.
4. Agree to LiteForex’s Terms and Conditions.
5. Confirm your email address.
6. Provide and confirm your phone number.
7. Provide the rest of your personal information.
8. Upload proof of ID and proof of address to verify your account.

LiteForex Account Types

Both of LiteForex’s accounts require a $50 minimum deposit and do not have minimum distance restrictions on stop or limit orders. The Classic account is spread-based, while the ECN account features raw spreads with a commission. Both support a wide range of trading styles, including scalping, hedging, and automated trading.

Demo Accounts

LiteForex offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account.

Islamic Accounts

LiteForex does not currently offer Islamic accounts for swap-free trading.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.

Maximum Leverage By Asset Class

In the table below, I have listed the maximum retail leverage available with LiteForex for instruments from different asset classes:

LiteForex Supported Countries

LiteForex provides services only to the residents of countries from the European Economic Area (EEA), the United Arab Emirates, and the Marshall Islands.

Research

Research Tools

I have broken down the available research materials with LiteForex below:

• Economic Calendar: The economic calendar is an essential tool in a trader’s arsenal. It informs of upcoming releases of economic reports and decisions, which could potentially create viable trading opportunities.
• Claws & Horns Content: One of the biggest and most trusted providers of trading analyses in the industry, Claws & Horns offers an extensive range of technical and fundamental analyses of different instruments and markets. Traders can read about the underlying market drivers, major trading levels, technical setups, and more.
• Economic News: A news screener with free access helps traders stay on top of the latest market developments.
• Trading Calculators: LiteForex offers a variety of trading calculators for better managing market exposure.

LiteForex Research: My Key Takeaways

I determined that LiteForex’s research is comprehensive and layered. It offers traders a 360-degree overview of current market trends and emerging trading setups. The content suits day and swing traders alike and is available from the website and the Forex Analysis app.

Education

I appreciated LiteForex’s collection of articles that break down some of the most popular trading strategies in a clear and accessible way.

There’s also a solid library of past webinar episodes available through the client area and the broker’s YouTube channel. These sessions cover key topics like technical and fundamental analysis, as well as trading psychology—making them a great resource for traders looking to sharpen their skills.

The Bottom Line

LiteForex is a financial derivatives broker founded in 2008 and headquartered in Limassol, Cyprus. Regulated by CySEC and other authorities, the broker complies with the industry’s strictest safety standards.

LiteForex supports MetaTrader 4 and MetaTrader 5 and has developed two impressive mobile apps—one for trading on the go and another for in-depth market analysis.

The broker shines in its research and education offerings. It delivers high-quality content both in-house and via Claws & Horns, and boasts a massive educational library. It also offers VPS hosting for low-latency trading.

However, LiteForex falls short in trading costs and asset diversity. Spreads and commissions are on the higher side, and the number of tradable instruments is limited to around 160.

In my view, LiteForex is a solid choice for beginners looking to build a strong foundation and for day traders seeking market insights and inspiration.

FAQ