LiteFinance Broker Information
- Jurisdiction: Saint Vincent and the Grenadines, Cyprus
- Regulators: CySEC
- Founded: 2005
LiteFinance Quick reference
Lite Finance positions itself as an international broker that provides its services to clients from all over the world with transparent and favorable trading conditions. The company claims that it has taken a leading position in the field of online trading due to its many advantages, including: modernity and manufacturability, low spreads and high speed of order execution. The main page of the official website litefinance.org looks like this.
In the footer of the web resource, it is reported that it belongs to the LF Global group of companies, which consists of:
LiteFinance Global LLC, registered in Saint Vincent and the Grenadines under number 931 LLC 2021 (a scanned copy of the registration certificate is available in the About the Company/Regulatory Documents section);
Liteforex (Europe) LTD, registered in Cyprus and licensed by the local regulator CySEC (scanned copies of supporting documents have not been indicated).
To communicate with customers, the site provides various communication channels (online chat, social networks, messengers, etc.).
Trading instruments and platforms with Lite Finance
To make money on the financial markets, the broker offers to use the popular trading platforms MetaTrader 4 and MetaTrader 5. Both terminals are available in mobile versions to provide traders with continuous trading from various devices.
The company's clients can earn money by trading in various financial instruments:
- precious metals;
- commodities and other liquid assets.
For beginners in trading, the broker provides access to regularly updated training materials, as well as the opportunity for individual training with the help of the program of experienced traders of the company. Among novice users, the intermediary holds a monthly contest, in which the reward is up to $ 4,000 to a real account for subsequent earnings.
Also, according to the dealing center, the broker has developed several affiliate programs, with the participation of which everyone can receive additional profit for attracting new participants to the project.
Lite Finance trading accounts
The company offers two types of accounts: ECN (for social trading) and CLASSIC (for online trading in financial markets). Starting investments in both tariffs are $50. Detailed account specifications are available in the “For Traders/Account Types” section. Each interested trader can use the demo version of the account and test trading strategies without the risk of losing the invested funds.
For social trading, the broker provides access to the SocialTrading platform. Within the framework of the social network, beginners can earn by copying transactions of successful traders, and professional players can provide their accounts for copying and receive additional profit from the commission of the followers.
Account replenishment and withdrawal of funds with LiteFinance
Various payment methods are available to traders for conducting financial transactions (credit and debit cards, bank transfers, electronic payments and cryptocurrencies).
There are no fees for deposits and withdrawals. Withdrawal of funds up to $5,000 is automatic. The amount of the minimum payment depends on the selected payment method. Detailed information on the payment policy can be found in the "For Traders/Deposits/Withdrawals" section.
Before drawing conclusions about the profitability of earnings with this broker, you should study the reviews about LiteFinance. Thanks to comments from real clients and experts, potential users will be able to form an objective picture of the intermediary's work and make the right decision about the appropriateness of investing on its terms.