LiteFinance

3.4(500 reviews)

Forex broker with social trading platform and low spreads

Various RegulatedSince 2005

Trust Score

Good

Ready in 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

10 $

Min. Deposit

Instruments

Various

Regulation

Which entity you actually contract with, and what it committed to

Platforms

LiteFinancePopular broker

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3 lessons
No account needed
For beginners

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Key Features

Forex

Forex trading available

CFDs

CFDs trading available

Indices

Indices trading available

Commodities

Commodities trading available

Crypto CFDs

Crypto CFDs trading available

MT4

Trading Platform

MT5

Trading Platform

LiteFinance Web

Trading Platform

Advantages

Integrated social trading platform
Low minimum deposit ($10)
ECN execution with tight spreads

Disadvantages

Offshore regulation without EU investor protection
High leverage can lead to significant losses
Customer service only limited in German

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About LiteFinance

LiteFinance (formerly LiteForex) was founded in 2005 and is headquartered in Saint Vincent. The forex broker offers an integrated social trading platform where traders can copy strategies of successful traders. The product range includes forex, CFDs, indices, commodities, and crypto CFDs. The minimum deposit is just $10. Spreads start from 0.0 pip on the ECN account and from 1.8 pip on the Classic account. LiteFinance targets traders who want to combine social trading with low entry barriers. The offshore regulation provides no EU investor protection.

LiteFinance FAQ

What is social trading at LiteFinance?

LiteFinance offers an integrated social trading platform where you can automatically copy trades of successful traders. You select a trader and the system replicates their positions proportionally in your account.

Is LiteFinance regulated?

LiteFinance has offshore regulation (Saint Vincent) and provides no EU investor protection. For EU investors, more strongly regulated alternatives are recommended.

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