Overall Rating: ★★☆☆☆ (2.7/5.0)

LiteForex, also known as LiteFinance, is an offshore forex and CFD broker founded in 2005, offering trading via MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The broker provides access to forex, commodities, indices, stocks, and cryptocurrencies, and markets itself towards emerging economies in Africa, Asia, and Latin America. While LiteForex offers tight spreads, ECN accounts, and copy trading, its offshore regulation, mixed reputation, and limited client protection raise concerns for more serious or risk-averse traders.

This LiteForex review covers trading features, platform support, regulation, and whether it’s a reliable broker in 2025.

Key Features

LiteForex offers a robust suite of trading tools, designed for both beginners and experienced traders.

• Trading Platforms:
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
• Markets Offered:
  • Forex, stocks, indices, commodities, and crypto CFDs
  • 150+ instruments
• Account Types:
  • Classic Account (spread-only)
  • ECN Account (raw spreads with commission)
• Leverage:
  • Up to 1:500
• Minimum Deposit:
  • From $50
• Funding Methods:
  • Bank transfer, cards, crypto, Skrill, Neteller

Regulation and Security

LiteForex operates through an offshore licence with no tier-1 regulation, which limits investor protection.

• Regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines
• No oversight from FCA, ASIC, CySEC, or FSCA
• No investor compensation scheme or deposit insurance
• Client fund segregation claimed but not independently verified
• No negative balance protection guaranteed

Pricing and Costs

LiteForex offers tight spreads and low commission ECN trading, though slippage and execution quality may vary.

• Spreads:
  • Classic Account: From 1.8 pips
  • ECN Account: From 0.0 pips
• Commission:
  • ECN: $10 per lot round-turn
• Deposit/Withdrawal Fees:
  • No internal fees; processor fees apply
• Inactivity Fee:
  • Not clearly disclosed

Educational Resources and Customer Support

LiteForex offers reasonable education for new traders, but its analysis tools and service depth are limited.

• Education:
  • Basic trading guides, glossary, and MT4/MT5 tutorials
  • Blog with occasional market analysis
• Copy Trading:
  • Integrated social trading with ranking systems
• Customer Support:
  • 24/5 live chat, email, and phone
  • Multilingual support available in local regions

Risk Management Tools

LiteForex provides essential risk tools through MT4/MT5, with no proprietary solutions.

• Stop-loss, take-profit, trailing stops
• No guaranteed stop-loss orders (GSLOs)
• Leverage and margin management adjustable during onboarding
• Risk settings can be controlled per trade via platform

Pros and Cons

Pros

• Supports both MT4 and MT5 platforms
• ECN account with tight spreads
• Copy trading features available
• Low minimum deposit and crypto payment options

Cons

• Offshore regulation with limited client protection
• No guaranteed stop-loss orders or insurance coverage
• Mixed user reviews on fund withdrawals
• No tier-1 regulatory licence (FCA, ASIC, CySEC, etc.)
• Inactivity and transparency issues remain a concern

Conclusion: Is LiteForex the Right Choice?

LiteForex may appeal to traders in emerging markets seeking low entry barriers, MT4/MT5 access, and ECN pricing. However, its offshore regulation, lack of investor protection, and unverified fund segregation make it unsuitable for those prioritising safety. For more secure trading environments, consider licensed brokers like AvaTrade, Pepperstone, or IC Markets.