CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Popularity |
3/5 |
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| Minimum Deposit | $10 /€ |
| MT4 | ✔ |
| MT5 | ✔ |
| Payment methods | Bank Wire · Credit Card · AdvCash · Airtel · M-Pesa · MTN Mobile Money · Neteller · Perfect Money · Skrill · SticPay · Tigo Pesa · WebMoney · Bitcoin |
| Account currencies | CHF · EUR · RUB · USD |
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| Rating | ★★★★☆ |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
✚ Review
LiteFinance is an online brokerage firm that was founded in 2005. The company offers trading in a variety of financial instruments, including forex, commodities, stocks, and indices.
One of the main features of LiteFinance is its focus on providing a user-friendly and intuitive trading platform for its clients. The company offers both the MetaTrader 4 and 5 platforms, which are widely known for their simplicity and ease of use. The platform also offers a range of analytical tools and indicators, as well as a range of order types and execution speeds.
In terms of account types, LiteFinance offers a range of options to suit different traders' needs. These include standard accounts, ECN accounts, and PAMM accounts, which allow clients to choose between fixed and floating spreads. The company also offers Islamic accounts, which are compliant with Islamic law.
LiteFinance's customer service is generally considered to be of a high standard, with the company offering 24/7 support in multiple languages. The firm also provides a range of educational resources, including webinars, video tutorials, and ebooks, to help clients improve their trading skills.
One of the main criticisms of LiteFinance is that the company does not hold a regulatory license from a major financial authority.
In conclusion, LiteFinance is a well-established and respected online brokerage firm that offers a user-friendly platform and a range of account types to suit different traders' needs. While the company's lack of regulatory licensing may be a concern for some clients, the firm has generally received positive reviews from its users.
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Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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