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  • #201
  • Feb 13, 2018 8:32am Feb 13, 2018 8:32am
Thank you for your spread comparison.

Nearly all brokers on the major pairs offer your spreads or much better - thus not a true comparison. Furthermore, your commission round turn on a standard lot is way too high!

As indicated compare your speads on the following:

GBPNZD

GBPAUD

EURAUD

EURNZD


This is where LiteForex fails unfortunately.
  • #202
  • Feb 14, 2018 1:32am Feb 14, 2018 1:32am
Quoting Forex-Forex
Thank you for your spread comparison. Nearly all brokers on the major pairs offer your spreads or much better - thus not a true comparison. Furthermore, your commission round turn on a standard lot is way too high! As indicated compare your speads on the following: GBPNZD GBPAUD EURAUD EURNZD This is where LiteForex fails unfortunately.
Dear Forex-Forex,

Thank you for your review. It is important for us to know forex traders opinion about our trading conditions. We will work under improve our trading conditions and we will find way how to make spread on pairs GBPNZD GBPAUD EURAUD EURNZD more smaller than current spread.

Best regards,
representative of LiteForex
Risk warning: Trading on financial markets carries risks
  • #203
  • Feb 14, 2018 2:09am Feb 14, 2018 2:09am
This is one reason why I'm not so much in a rush to do more business. They are legit and withdrawals are quick, but the spreads are a bit high and the turnaround time for processing is long.

Quoting Forex-Forex
Thank you for your spread comparison. Nearly all brokers on the major pairs offer your spreads or much better - thus not a true comparison. Furthermore, your commission round turn on a standard lot is way too high! As indicated compare your speads on the following: GBPNZD GBPAUD EURAUD EURNZD This is where LiteForex fails unfortunately.
Let me be clear about it. The tools available and resources overall are great, but the spreads and processing.

I did a withdrawal from my funds available and had it in my bank account THE NEXT DAY.

However - for processing where they have to check stuff and calculate your funds - for example if you took any bonuses - it takes VERY LONG. Once it's done however, your funds are sent VERY FAST.

For persons who do breakout scalping on news - LF is not the place to be. They don't support news scalping.

The new policies for releasing bonuses are also outrageous in comparison to what they were if you ask me. They don't have to give you a bonus (and you don't have to select it) but I much preferred the old policy.

My 1 cent.
  • #204
  • Feb 14, 2018 8:07am Feb 14, 2018 8:07am
Quoting khat17
For persons who do breakout scalping on news - LF is not the place to be. They don't support news scalping.
Dear khat17,

We allow to use scalping strategy for traders who trade by using ECN account type. This account do not have any limits for duration time of each deal. You can test scalping trading strategy on ECN-demo.

Best regards,
representative of LiteForex
Risk warning: Trading on financial markets carries risks
  • #205
  • Feb 27, 2018 4:45am Feb 27, 2018 4:45am
LiteForex launches cryptocurrency trading
Crypto-pairs with Bitcoin, Bitcoin Cash, Dashcoin, Ethereum, Ethereum Classic, LiteCoin, Monero, Ripple and ZCash can now be traded in
Dear clients,
We are glad to announce that LiteForex has launched trading in cryptocurrency pairs, including:
BCHBTC (BitCoin Cash vs BitCoin)
BCHETH (BitCoin Cash vs Ethereum)
BCHUSD (BitCoin Cash vs US Dollar)
DSHBTC (Dashcoin vs BitCoin)
DSHUSD (Dashcoin vs US Dollar)
ETCBTC (Ethereum Classic vs BitCoin)
ETCUSD (Ethereum Classic vs US Dollar)
ETHBTC (Ethereum vs BitCoin)
ETHUSD (Ethereum vs US Dollar)
ETHLTC (Ethereum vs LiteCoin)
LTCBTC (LiteCoin vs BitCoin)
LTCUSD (LiteCoin vs US Dollar)
XMRBTC (Monero vs BitCoin)
XMRUSD (Monero vs US Dollar)
XRPUSD (Ripple vs US Dollar)
ZECBTC (ZCash vs Bitcoin)
ZECUSD (ZCash vs US Dollar)
BTCUSD (BItcoin vs. US dollar)

Cryptocurrency trading can be done in all accounts and trading platforms (MT4 and MT5) in a 24/5 mode.
Our liquidity providers will ensure the best cryptocurrency quotes and fast execution.
Aggregated liquidity allows us to provide our clients the best prices while your trades will be protected by many years of LiteForex’s experience and reputation.

Best regards,
The LiteForex team

Attached Image (click to enlarge)
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Risk warning: Trading on financial markets carries risks
  • #206
  • Mar 13, 2018 2:30am Mar 13, 2018 2:30am
Trading hours for some instruments to be changed from 11th up to 25th of March 2018

Changes in LiteForex trading hours due to switch to daylight saving time in USA and Europe
Dear clients,
We would like to draw your attention to the trading schedule over the upcoming daylight saving time changes in the United States of America on 11th of March 2018 (Sunday) and on 25th of March 2018 (Sunday) in Europe.
Please note that trading hours for all instruments will be affected from 11.03.2018 up to 25.03.2018 (excluding Russian Ruble pairs USDRUB and EURRUB, CFD MOEX, CFD XETRA, and Cryptocurrency groups). As a result, all Forex pairs, Commodities, Stock Indexes and US time-based CFDs on shares will open and close 1 hour earlier compared to their regular trading hours during this period.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
We strongly recommend that our clients take this information into account when planning their trading process, as well as adjusting the settings of their trading advisors that can be affected by this update.
If you have any questions do not hesitate to contact our Support Team.

Best Regards,
LiteForex
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Risk warning: Trading on financial markets carries risks
  • #207
  • Mar 13, 2018 5:44am Mar 13, 2018 5:44am
I appreciate your local representative options for deposit and withdrawal here in Nigeria. It really solves many problems.
  • #208
  • Mar 19, 2018 10:14am Mar 19, 2018 10:14am
Quoting LiteForexOK
{quote} Dear khat17, We allow to use scalping strategy for traders who trade by using ECN account type. This account do not have any limits for duration time of each deal. You can test scalping trading strategy on ECN-demo. Best regards, representative of LiteForex
I've tested the ECN and it has the lowest spreads I've seen anywhere! Excellent! Thank you very much for this!
  • #209
  • Mar 19, 2018 10:47am Mar 19, 2018 10:47am
Quoting khat17
{quote} I've tested the ECN and it has the lowest spreads I've seen anywhere! Excellent! Thank you very much for this!

You are always welcome!
Risk warning: Trading on financial markets carries risks
  • #210
  • Mar 21, 2018 7:29pm Mar 21, 2018 7:29pm
Why does the EURUSD price move even when both markets are closed?
Why does the EURUSD price move even when both markets are closed?
  • #211
  • Mar 23, 2018 3:32am Mar 23, 2018 3:32am
Changes in trading schedule over Good Friday global public holiday

LiteForex’s trading hours to be changed from 29.03.2018 to 03.04.2018
Dear clients,

We would like to inform you that many exchanges will be officially closed worldwide on 30th March 2018 due to Good Friday celebrations.
Please note that LiteForex’s trading hours for the following instruments will therefore be affected:

Trading Instrument
Changes in trading schedule
Metals
XAUUSD Closed: 00:00 30/03/2018 - 01:00 02/04/2018
XAGUSD Closed: 00:00 30/03/2018 - 01:00 02/04/2018
Global stock indexes
FTSE Closed: 23:00 29/03/2018 - 03:00 03/04/2018
YM Closed: 00:00 30/03/2018 - 01:00 02/04/2018
SPX Closed: 00:00 30/03/2018 - 01:00 02/04/2018
NQ Closed: 00:00 30/03/2018 - 01:00 02/04/2018
NI225 Closed: 00:00 30/03/2018 - 01:00 02/04/2018
FDAX Closed: 23:00 29/03/2018 - 10:00 03/04/2018
CAC Closed: 23:00 29/03/2018 - 10:00 03/04/2018
ASX200 Closed: 23:00 29/03/2018 - 00:50 03/04/2018
IBEX35 Closed: 18:30 29/03/2018 - 10:00 03/04/2018
HK50 Closed: 19:00 29/03/2018 - 02:15 03/04/2018
SX5E Closed: 23:00 29/03/2018 - 10:00 03/04/2018
Oil
UKBrent Closed: 00:00 30/03/2018 - 03:00 02/04/2018
USCrude Closed: 00:00 30/03/2018 - 01:00 02/04/2018
CFDs on shares
CFD NYSE Closed: 23:00 29/03/2018 - 16:30 02/04/2018
CFD NASDAQ Closed: 23:00 29/03/2018 - 16:30 02/04/2018
CFD XETRA Closed: 23:00 29/03/2018 - 16:30 02/04/2018
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Best Regards,
LiteForex

https://www.liteforex.com/uploads/ne...ic-holiday.png
Risk warning: Trading on financial markets carries risks
  • #212
  • Apr 4, 2018 3:35am Apr 4, 2018 3:35am
Trading in cryptocurrencies in a 24/7 mode for LiteForex’s clients

The LiteForex company now provides round-the clock access to the crypto-market

Dear clients,
We are glad to share some good news with you: from now on, cryptocurrencies will be available for you to trade in 24 hours per day, 7 days per week!
Since cryptocurrencies were included on LiteForex’s list of trading tools, they’ve become extremely popular with our clients, being a promising margin trading tool. Looking for more opportunities for you to make profits, we are now ready to provide you 24-hour access to the market of cryptocurrencies.
Sell or buy popular cryptocurrencies whenever you want. Make use of margin trading opportunities choosing crypto-pairs from the list and boost the potential of your trading strategies in a 24/7 mode.

Best regards,
LiteForex
Attached Image (click to enlarge)
Click to Enlarge Name: crypto24.jpg Size: 1.2 MB
Risk warning: Trading on financial markets carries risks
  • #213
  • Apr 16, 2018 9:20am Apr 16, 2018 9:20am
Changes in trading hours due to ANZAC Day holiday
LiteForex’s trading hours amended from 24th to 25th April 2018
Dear clients,
We would like to draw your attention to trading schedule over the upcoming ANZAC Day in Australia on 25th of April 2018 (Wednesday). Please note that trading hours for some instruments will be affected.

Australia 200 Index (ASX200):
Closes on 24th of April 2017 at 23:00
Opens on 25th of April 2017 at 10:10

The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in this table are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.
Sincerely yours,
LiteForex Investments Limited
Risk warning: Trading on financial markets carries risks
  • #214
  • Apr 26, 2018 7:22am Apr 26, 2018 7:22am
Changes in trading hours due to the Labor Day worldwide

LiteForex’s trading hours amended from 30th of April till 2nd of May, 2018
Dear clients,
We would like to draw your attention to the trading schedule over the upcoming Labor Day worldwide on 1st of May 2018. Please note that trading hours for some instruments, will be affected.

Trading Instrument Changes in trading schedule
IBEX35 closed from 18:30 30.04.2018 till 10:00 02.05.2018
SX5E closed from 23:00 30.04.2018 till 09:00 02.05.2018
HK50 closed from 19:00 30.04.2018 till 03:15 02.05.2018
CFD XETRA group closed from 18:45 30.04.2018 till 10:00 02.05.2018
CFD MOEX group closed from 18:45 30.04.2018 till 10:00 02.05.2018
The server time GMT +3 indicated in the schedule corresponds to the time indicated in the trading platform. Please consider this information when trading.
The instruments that are not specified in table above are traded in normal mode.
All information is intended for guidance only and it is a subject to change. Please, stay up to date.

Best Regards,
LiteForex
Risk warning: Trading on financial markets carries risks
  • #215
  • May 10, 2018 7:02am May 10, 2018 7:02am
LiteForex invite traders to participate in BEST OF THE BEST demo contest

The winners will get a marvellous opportunity to start a trader’s career on the Social Trading platform with a big initial capital!
The prize fund of the BEST OF THE BEST demo contest that will be shared among the best 5 traders amounts to $4000 monthly.
The registration of participants in the first launch of the BEST OF THE BEST demo contest has already started!
Take part in our new contest and prove that your trading strategy yields the most profit with the least risk. Provide yourself with a brilliant career and win a big money prize!
Best Regards, LiteForex
Attached Image
Risk warning: Trading on financial markets carries risks
  • #216
  • Jun 6, 2018 4:44am Jun 6, 2018 4:44am
New LiteForex Client Agreement

Dear clients,

Please be aware that a new Client Agreement will enter into force on 1st June, 2018.
The new Client Agreement includes the terms and conditions of the current Public Offer Agreement, the Agreement on quoting system and transactions procedure and the Regulation of Social Trading Service. Due to this fact, the abovementioned agreements will no longer be valid once the new Client Agreement has come into force.

Faithfully yours,
LiteForex Investments Limited
Attached Image
Risk warning: Trading on financial markets carries risks
  • #217
  • Jun 7, 2018 8:24pm Jun 7, 2018 8:24pm
ONE：Opening Account；Liteforex，claimed regulated in Cyprus，in which we opened accounts

TWO：Being induced to open free swap account and get70%rebates：I planned to trade EURTRY，because it is one breakout on technical analysis.I deposited 50000USD on 23,March and found that the swap of long position changes from -90TRY to -180TRY.Because of its normal spread,I think the cost has no advantage so I plan to withdrawal.When the customer know this ,he volunteered to provide us free swap account and rebates of account,and promised if I deposit more than100000USD ,I will get 70% rebates.
deposit and lose money,everything is OK：After my losing some money ,I deposited again,totally about 150000USD

FOUR．When I make profit,it is so difficult to withdrawal：In May,EURTRY breakout upward again,also MACD daily deviate from the bottom.Our holding long positions make a lot of profit,when encountering black swan.The price goes up several ten thousand points one day! When I applied withdraw, the application is pending all the time.They did not give verify code and deleted the applying record after 14 working days .
FIVE.I still get back all my principal：I totally deposited 150000USD,including rebates,made 680000USD profits.I just withdrawn 10000USD,even not all my principal.
Deposit

Withdrawal
SIX.They forcefully forbid my accounts when I have opening orders in the accounts and they deleted my accounts information in Client’s portal:My accounts are forbidden and I cannot close my orders and even they deleted the account information in Client’s portal.


SEVEN.They Induced me and forcefully asked me to say I am hedging with other brokers：The company sent us email and request one video verify .They force me to claim I am hedge free swap account ,or the account and portal will be shut down all the time.

EIGHT.UNeffective communication：When I contact their customers,they say the trading department are checking;When I contact the trading department,they say you will get earliest answer.At last,they say all this is responsible by security department and this department has only email.They do not answer me now.It is not the way to solve this problem.



NINE，They scamed totally680000USD：One account has90000，another has 580000，total 680000。They can not be withdrawn，totally.



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  • #218
  • Jun 14, 2018 10:12am Jun 14, 2018 10:12am
Quoting danney5
One account has90000，another has 580000，total 680000。They can not be withdrawn，totally.
Dear danney5,

Your trading account was blocked from our side because you refused to provide us documents about source of funds and tax payments.
Your transactions aroused suspicion on the part of the bank also. Compliance officer of bank requested information about this funds from us and blocked our bank account. For unblock bank account with your money we need to provide documents about source of money and tax payments. As soon as you provide all documets we will send it to compliance officer of bank. Also we will check your documents by ourself for unblock your trading account from our side.

Best regards,
representative of LiteForex
Risk warning: Trading on financial markets carries risks
  • #219
  • Jun 14, 2018 11:27am Jun 14, 2018 11:27am
We are ready for the documents and will reply to you in the view of the lawyer.Butewhy are you willing to reply until we begin to exposure in the global media and We have started a large more scale exposure of actions of your damaging our rights until we get all the money back.Please pay much more attention to our feelings .Please pass on your big boss the detailed situation and let all departments repond to our request positively. If you just want to continue to use the trick to prevent us from getting all my money, I and other investors around the world will boycott LITEFOREX group together
  • #220
  • Jun 18, 2018 9:14am Jun 18, 2018 9:14am
Quoting danney5
We are ready for the documents and will reply to you in the view of the lawyer.Butewhy are you willing to reply until we begin to exposure in the global media and We have started a large more scale exposure of actions of your damaging our rights until we get all the money back.Please pay much more attention to our feelings .Please pass on your big boss the detailed situation and let all departments repond to our request positively. If you just want to continue to use the trick to prevent us from getting all my money, I and other investors around...
Dear danney5,

We received your documents and we already sent all documents for verification by bank. Our specialists contact you as soon as verification process be done.

Best regards,
representative of LiteForex Investments limited
Risk warning: Trading on financial markets carries risks
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