LiteForex Europe Review 2025

Our Rating
3.7

Why Trade With LiteForex Europe?

"LiteForex is a suitable choice for active traders due to its variable spreads starting from 0.0 pips, daily analysis and comprehensive training guides. Traders can also replicate the strategies of skilled traders through its forex copy system."

US Flag USA not accepted
USD Account

Detailed Ratings

Average Broker LiteForex Europe Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7

Quick Facts

Demo Account
Yes
Minimum Deposit
$50
Instruments
CFDs, Forex, Indices, Commodities
Platforms
MT4, MT5
Account Currencies
USD, EUR, GBP, CHF
Payment Methods
Credit Card, Mastercard, Neteller, Perfect Money, QIWI, Skrill, Visa, Western Union

Pros

  • Claws&Horns provides an extensive analytics portal. It includes video reviews, expert insights, and short-term trading signals for traders.
  • LiteForex provides each trader with a personal manager and offers 24/5 customer support in multiple languages.
  • LiteForex, a reputable trading firm regulated by CySEC, has been operating successfully for over 15 years.
  • Quickest ECN model with minimal spreads starting at 0.0 pips for trading.
  • LiteForex's low $50 minimum deposit is suitable for beginner traders.

Cons

  • The funding options are fewer than other brands.
  • Trading in cryptocurrency is not available.
  • The options for trading markets are more limited, as share CFDs are not available.
  • Fees are relatively expensive. The Classic account has spreads starting at 2.0 pips, while the ECN account charges $10 forex commissions.
  • Muslim traders cannot use a swap-free trading account.

LiteForex Europe is a trusted forex broker offering excellent MetaTrader platforms and mobile apps. Traders appreciate its advanced analysis tools, copytrade features, and transparent fees. LiteForex Europe provides detailed trading services, covering regulation, minimum deposits, account types, and spreads.

LiteForex Europe Details

LiteForex Europe, established in 2008, enjoys a solid global reputation with over 500,000 clients. It is a registered Cyprus Investment Firm, regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker provides trading on diverse instruments, including currencies, commodities, and stock indices. Accounts are straightforward, featuring extras like a social trading platform and a forex analysis portal.

Trading Platforms

MetaTrader 4

MT4 is perfect for beginners and seasoned pros alike. It offers over 50 indicators, 9 timeframes, and full trading history. Setup is quick on LiteForex Europe’s site.

MetaTrader 5

MT5 is tailored for professional traders, offering more technical indicators, 21 timeframes, and all order types. Enjoy features like the economic calendar and liquidity tool.

MetaTrader WebTrader

Trade via any browser without installing software. Access quotes, chart tools, and history across all OS, including MacOS, using your login.

Markets

At LiteForex Europe, you can trade in four major markets. Enjoy trading popular currency pairs like EUR/GBP, and commodities such as gold and oil. You can also trade a variety of global stock indices like the NASDAQ and US30. However, it’s worth noting that cryptocurrency trading is not available.

Spreads & Commission

LiteForex Europe offers floating spreads from 0 pips with the ECN account. However, average spreads start at 4 pips for major pairs and 1 point for major indices. The ECN account charges commissions of $10 per lot for major pairs, $20 for forex crosses and metals, $30 for forex minors, and $5 for oils and stock indices. Other brokers, like XM, provide tighter spreads and lower commissions.

Leverage Review

LiteForex Europe offers a maximum leverage of 1:30 on major currency pairs. You can trade minor crosses, stock indices, and precious metals with leverage up to 1:20. Oil trading is available with leverage up to 1:10.

Mobile Apps

LiteForex Europe excels with mobile apps. Besides MetaTrader apps, it offers its own tailored apps for forex signals, analysis, and strategies. Available in 22 languages, MT4 and MT5 apps work on iOS and Android devices. These apps offer the same features as desktop versions, supporting technical analysis and trade execution with custom tools. LiteForex Europe also provides six proprietary apps at no cost. These apps cater to various needs, including account management, trading, signals, and currency conversion. Accessible on iOS and Android, they enhance trading on the go. Overall, LiteForex Europe ranks well in mobile app offerings.

LiteForex Europe Payment Methods

LiteForex Europe offers easy funding through Mastercard, Visa, Skrill, and Neteller. Fees for local deposits are reimbursed and processed instantly. You can deposit or withdraw as little as $1 with e-wallets and $10 with cards. Withdrawals to cards take 3-5 days. Manage deposits and withdrawals in the secure Client Cabinet, which includes live chat support for any issues.

Demo Account

Traders can explore strategies risk-free with LiteForex Europe’s demo account. The funds are virtual and unlimited. Register in under a minute through the Personal Profile. Participate in demo contests to enhance skills. Transition to a real trading account anytime you feel prepared.

Bonuses & Promotions

LiteForex Europe doesn’t provide bonus deals or promo codes due to CySEC regulations, which aim to protect retail investors by limiting bonuses and contests.

However, the non-EU entity is different. It offers a $100 no deposit bonus and exciting dream draw contests. This branch welcomes traders from many countries like Iran, Myanmar, and Nigeria, but excludes clients from the USA.

Regulation

LiteForex Europe Ltd, a Cyprus Investment Firm, is regulated by the Cyprus Securities and Exchange Commission with license number 093/08. It operates under MiFID guidelines. As a member of the Investor Compensation Fund, it protects client funds up to 20,000 EUR, fostering trust among traders.

Additional Features

LiteForex Europe offers useful resources for traders. You’ll find a beginners section with forex literature, tutorials, and investing strategies. Handy tools include an economic calendar, trading calculators, and an economic news blog. Their analytics portal, powered by Claws & Horns, offers technical and fundamental insights through a subscription. You can also participate in their social trading platform, allowing you to sync your account with professional traders for a more dynamic trading experience.

Account Types

LiteForex Europe offers two account types: Classic and ECN. The ECN account boasts tighter spreads, allows scalping, and connects you to a social trading platform. Both accounts need a $50 minimum deposit, which is less than what FXTM and OctaFX require. They share a minimum trade size of 0.01 lots, a 100% margin call, and a 50% stop-out level. Negative balance protection is also included with both accounts. However, LiteForex Europe doesn’t provide Islamic swap-free, PAMM/MAM, or Cent accounts.

Trading Hours

Forex is available 24/7, but market times vary by timezone. Check instrument details or contact support for server hours.

Customer Support

Rating: 3.5

LiteForex Europe offers customer support from 9 am to 9 pm (GMT+2), Monday to Friday. Reach them by email at support@liteforex.eu or call +357 25 750 555. Visit their HQ at 124 Gladstonos Street, The Hawk Building, 4th Floor, 3032 Limassol, Cyprus. Access help 24/5 through live chat after logging into your account. For assistance, check the FAQ or connect via Telegram. Support covers queries like account setup, verification, copytrade services, and password issues.

Trader Security

LiteForex Europe ensures secure data transfer with HTTPS encryption in its Personal Profile portal. MT4 and MT5 platforms use SSL encryption and additional security layers when necessary.

LiteForex Europe Verdict

LiteForex Europe is a reliable broker known for social trading, ECN spreads, and quick withdrawals. A $50 minimum deposit makes it accessible, while demo accounts and trading tools are ideal for beginners.

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