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Is LiteForex a trusted broker?

Is LiteForex a trusted broker?

LiteForex Investments Limited is a legitimate broker with a lot to offer. There are a good range of tradeable forex and CFD assets, plus the MT4 & MT5 platforms. The website is easy to navigate, the support function easily accessible and there are multiple free analysis tools.

How long does it take to withdraw money from LiteForex?

Automatic money withdrawals from Forex within 24 hours LiteFinance provides the Client with an opportunity to use two automatic withdrawals within 24 hours for a total amount not more than $3000 (or equivalent in another currency), provided that the client profile is completely verified.

Can you get scammed by forex trading?

Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist. One shady practice is when forex brokers offer wide bid-ask spreads on certain currency pairs, making it more difficult to earn profits on trades. Be careful of any offshore, unregulated broker.

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Where is LiteForex located?

the Marshall Islands
LiteForex is a global forex and CFD broker located in the Marshall Islands.

Is LiteForex regulated in Nigeria?

Liteforex is not regulated by any major regulatory authority except CySEC. The spreads and Commission are high. The commission for each capital market is different. Customer support through the live chat window is slow….Liteforex – a quick look.

Broker Name Liteforex Nigeria
Regulation CySEC, Marshall Islands

Which is the best forex broker in Nigeria?

Top 10 Forex Brokers In Nigeria

  • Markets.com – Best Forex Broker In Nigeria.
  • Pepperstone – MT4 Best Forex Trading Platform.
  • FP Markets – STP Forex Trading Account.
  • FXTM – Nigerian Naira (NGN) Funding.
  • IC Markets – Lowest Spread Nigerian Broker.
  • HotForex – Best High Leverage Forex Broker.

How do I verify my LiteForex account?

To have yourself verified, you need to:

  1. Attach a colour copy of your ID (passport, driver’s license) with the following information: Photo, full name, birth date and ID number.
  2. Confirm your address.
  3. Enter a code that will be sent to the phone number specified in your profile.
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How do I fund my LiteForex account?

  1. Credit Card Transfers We accept Visa, MasterCard.
  2. Deposit by bank Deposit and withdrawal to bank account.
  3. Electronic transfers A wide range of payment systems.
  4. Cryptocurrencies Deposits and withdrawals via cryptocurrencies.

How safe is Forex com?

Is FOREX.com Safe? FOREX.com is considered low-risk, with an overall Trust Score of 99 out of 99. FOREX.com is publicly traded, does not operate a bank, and is authorised by four tier-1 regulators (high trust), one tier-2 regulators (average trust), and one tier-3 regulator (low trust).

Who owns LiteForex?

Aleksey Smirnov –
Aleksey Smirnov – CEO – LiteForex Official | LinkedIn.

How do I fund LiteForex?

What is your review of LiteForex?

LiteForex review sees a broker with a quite long history of operation also balanced trading conditions suitable for various trading styles, account size and level of experience. We should admit good analysis tools and technology solutions LiteForex provides, also costs are rather good compared to other industry competitors.

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What are the different account types offered by levelliteforex?

LiteForex offers two account types with STP and ECN execution models accordingly with Standard Account where all costs built into a spread and ECN account with raw spread and commission charge as a trading cost. The account opening process is digital and easy to follow where you will be guided by the steps.

What is the Best Forex trading platform for beginners?

LiteForex has Long history of operation, good trading technology and ECN environment with Low Deposit Requirement and Social Trading. Spreads are tight and good for Forex.