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Lite Forex BROKER REVIEW 2023

Lite Forex FX Doctors

Lite Forex Broker General Review

 LiteFinance also known as LiteForex, has a  history that can be traced back to the year 2005.  At the same time, LiteForex made a significant breakthrough in the brokerage service by introducing cent accounts with a minimum deposit of $1, while other companies strictly respected the Forex entrance threshold. This move made Forex available for potential investors and traders. 


The broker has proved to be a trustworthy broker and has been generally recognized by more than a million and a half clients from all over the world. Their company has gotten a  number of awards, such as Best Broker in Africa, Asia, and Latin America, and the fastest growing broker in Western Europe and Asia. Also, Britain’s leading financial magazine "World Finance" has included us in its "100 World Finance" worldwide list. 


 The LiteFinance group of companies is conducting a confident global expansion. Currently, LiteFinance has official representative offices in more than 15 countries. Also, the number of partners that currently represent the LiteFinance brand in 216 countries is increasing every year, which allows customers to receive a high level of service in their native language anywhere in the world. 


 LiteFinance offers its clients a set of trading instruments under advantageous conditions of margin trading, by providing pure ECN trading conditions with raw spreads on some assets. 

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Lite Forex Trading Conditions

 -Account Leverage:   1:1000

-Spreads: as low as 0.0 pips 

-Stop- Out Level:   20%

- Swap Free Accounts: Yes 

-Copy Trading Facilities:  Yes

-Daily Market Analysis:  Yes

-Research Centre: No

-Crypto-based Accounts: Yes

-VPS Service: Yes

-Trading Education:  Yes

-Trading Bonus: Yes up to 30%

-Corporate Accounts Allowed:  No

-Trading Signals: No

Lite Forex Trading Platforms

- MetaTrader 4

-MetaTrader 5

- Trading App

-Social Trading (Copy Trading)

Lite Forex Funding and Withdrawal Options

 -Minimum Deposit: $50

-Deposit Methods: Bank Transfer, VISA, Mastercard,  Cryptocurrency

-Withdrawal Processing Time :48  hours

-Crypto Deposits & Withdrawals: Yes

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Lite Forex Broker Regulation

Lite Forex is a registered broker operating from Cyprus, an EU member state located in Southern Europe. As such, all trading and client activity is regulated by the Cyprus Securities and Exchange Commission.  CySEC


 This jurisdiction offers investor compensation up to EUR 20,000 on non-professional trading accounts in the event of brokerage liquidation.


Traders can participate in the market with a  LiteForex account can do so bearing in mind that the company operates in a well-regulated jurisdiction.


Lite Forex is registered under the name LiteFinace Global LLC and has the company number 931 LLC 2021

Lite Forex Recommended Account Type

-Account Name: ECN

-Spreads: from  0.0pips 

 -Commission:  2.5% per anunum

-Swaps:  No Swaps

-Leverage: 1:1000

-Stop Out: 20%

-Assets:1000+

-Minimum Deposit:  $50

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Lite Forex Broker Pros & Perks

- the broker has a wide variety of trading instruments.

- traders can trade with high- leverage up to 1:1000

-No commissions on deposits and withdrawals

- Regular contests with valuable prizes

-Daily forex analysis

-ECN broker with raw spreads

- Copy trading facilities for investors

What to consider when choosing Lite Forex as your Broker

-High leverage up to 1000 can have massive drawdowns on your capital

-Relatively complicated KYC process

-No information on how the risk level is assigned to traders on the social trading platform.

FX Doctors Lite Forex Broker Review Conclusion

Lite forex is a market leader in the Forex Market and is a great place for traders who already have a basic understanding of the market and also for professional traders.


The broker's leverage is quite high and we suggest you try the broker on a demo account, in order to get used to the trading conditions before diving into making real money. 


 In addition to active trading, Lite Forex (Lite Finance) also offers you a plan to earn on investment programs such as creating your own multi-level partner network and copying transactions. The Social Trading service is an innovative Lite Finance platform that allows you to automatically copy transactions, and also assesses and rates real traders, assigning each a risk level. This  is available in the trader's personal account after registration 


Trading conditions are quite transparent and easily understandable. There are only two types of accounts: classic and professional. The minimum deposit is $50 for either account, order execution, market, and leverage is up to 1:500 


Lite Forex is a good broker.  Open an account here and see what the broker has to offer.

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Trade with An ECN FOREX BROKER ~ LITE FINANCE

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Easy Markets is a forex broker that was founded in 2001 and is based in Cyprus.

  Easy Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). 

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XM Markets

XM is a broker with a great reputation and numerous regulations

 XM has grown to be a very popular broker amongst forex traders all over the world, as this broker is full of perks that are attractive to many trading styles. 

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Switch Markets

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Switch Markets

Switch Markets is an Australian-based, decentralized forex broker

 Switch Markets has a vision for a better future for all traders.  Switch Markets is focused on maintaining and improving their optimal trading  conditions 

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