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LiteForex -

Score

4.99 /10
Average

LiteForex

Cyprus

15-20 years

Regulated in Cyprus

Straight Through Processing (STP)

MT4 Full License

High potential risk

https://www.liteforex.eu

Benchmark

C

Influence

B

Add brokers

Comparison

Quantity 109

Exposure

Time Machine
Website

Score

Regulatory Index5.50

Business Index8.81

Risk Management Index0.00

Software Index9.96

License Index3.92

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

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Danger

ID BAPPEBTI
2022-09-20
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
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2022-02-02
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Danger

MY SCM
2022-01-01
INVESTOR ALERT LIST
LiteForex

Broker Information

More

Company Name

Liteforex (Europe) LTD

Company Abbreviation

LiteForex

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2025-08-26
  • The number of the complaints received by WikiFX have reached 93 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

LiteForex

Cyprus

WikiFX Verification

LiteForex · Benchmark
Average transaction speed(ms)
897.2 Poor
The highest transaction speed(ms)
77 Great
The highest speed of opening positions(ms)
77 Great
The highest speed of closing position(ms)
77 Great
The lowest speed of opening positions(ms)
1999 Poor
The lowest speed of closing position(ms)
1997 Poor
Ranking： 110 / 125
Test user 1,201
Transactions 21,799
Ocuppied margin $6,488,144 USD
Data Source WikiFX Data provide
Updated: 2025-08-22 01:08:00

Exposure

109 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

SCAM - ASSET SEIZURE

SEVERE ASSET APPROPRIATION SOS HELP ME

2025-03-25 00:43
Scam

IB burns customer accounts with excessive orders

It is recommended to avoid this platform as it may burn copied accounts and entice customers to deposit more to hold positions.

2024-12-19 10:15
Scam

Lite Finance is not giving my money.

The company closed all my transactions while in operation and wiped out my $1800. This is something not even underground firms do, let alone global ones. I absolutely do not recommend them, stay away...

2025-04-29 22:46
Scam

SCAMMERS: THEY ARE THE SAME PEOPLE FROM LITEFINANCE, BEWARE.

I HAD AN ACCOUNT WITH 80 USD, THE BROKER AUTHORIZED COPYTRADING WITHOUT MY PERMISSION, REDUCING MY ACCOUNT TO 7 USD. I FORMALLY COMPLAINED TO THE PLATFORM AND RECEIVED NO RESPONSE, THEY PLAYED DUMB. THEY ARE NEITHER A REGULATED NOR TRUSTWORTHY BROKER. THOSE WITH ACCOUNTS SHOULD WITHDRAW THEIR MONEY AND LOOK FOR RELIABLE AND REGULATED BROKERS.

2025-06-16 02:54
Unable to Withdraw

SCAM - THEY STOLE MY ASSETS AND I WILL SUE THEM

I've lost nearly 600 million in investment and haven't been able to withdraw a penny. Now I'm in debt everywhere.

2025-04-04 21:05
Others

unnecessary deduction of funds

I noticed a deduction in funds in my account, I don't know the reason but I've contacted their support. this is not a good look.

2025-07-17 06:19
Others

I deposited with LiteForex

I deposited with LiteForex to try their copy trading, and while I initially saw some profit, the broker then executed trades that shouldn't have happened. This wiped out my profits and I hope they fix it soon

2025-07-17 16:58
Severe Slippage

Everyone, be careful!

Everyone, be careful! This platform has significant slippage. Every time the market fluctuates, the execution of orders is like a roller coaster. Buy and sell orders in the market take 2 seconds. -3 minutes in the process, and the final price is significantly lower. Last week, when the price of crude oil began to rise, I entered the Long position, which showed a price of 80.50 when clicked, but the buy/sell price was at 80.75. The slippage alone caused a 3% loss in the account. This broker is truly unreliable.

2025-08-25 11:57
Others

withdrawal issues

Withdrawal difficulties reported by some users, coupled with concerns about manipulative "spikes" impacting trades.

2025-07-17 16:24
Severe Slippage

spread is too high Causing me to lose a lot of money

For a standard account account, liteforex slippage is too high. Liteforex is a good broker but I believe they should fix this slippage problem.Causing me to lose a lot of money

2025-07-17 03:46
Others

Bad copytrading

I made a deposit to liteforex broker to access their copy trading, after making few profits, the broker entered trades that wasn't suppose to take place and lost all my profits. this experience was very bad for me and I was disappointed because I've been using liteforex and I trusted them, please try to fix this error.

2025-07-17 03:01
Others

Where are you from so avoid

Where are you from so avoid this floor because they are not reputable, I have been deducted an unreasonable bonus, I think you should boycott them and find a reputable group to invest in, guys. I was tricked by them as follows: I created an account for the first time, deposited 5k, bonus 30% = 1.5k, I lost the transaction, my account was burned and the bonus was negative. The next day I created a sub-account and deposited 2k, then suddenly the group deducted the bonus that had been burned from the previous account according to the floors. If it was burned, then I would not ask for it back, but this lite floor played dirty with customers.

2024-11-22 21:14
Unable to Withdraw

Copy trade withdrawal Issue

I copied a trader's trade and made profit but broker won't allow me to withdraw. now I can't use the account for any activity

2025-07-17 06:45
Others

Lite exchange does not refund money

The Lite exchange does not refund my money, so occasionally I expose it to let all traders know that Lite is unreliable and deceives investors. The content is as shown in the MT4 image below.

2025-01-21 17:42
Resolved

Lite exchange is a fire island exchange

Lite Exchange is a scam exchange that offers customers a bonus when their trades are burned. When customers deposit money for the second time, the exchange automatically deducts the previously burned bonus. Therefore, please consider carefully before trading on this platform. Please refer to the image below to understand. I'm not lying.

2025-02-12 12:36
Scam

LiteFinance brokerage scams in copytrade

I am Tran Hien. I registered an account with gmail tranhien0610@gmail.com, I was introduced by an IB through Facebook (we met in person for coffee, meals, and there are video and photo evidence) to guide me in registration and depositing over 9000 USD to follow the copytrade of that broker. When my assets reached over 11000 USD, this broker deliberately placed large orders against the market to burn my entire account. After that, the IB blocked all contact with me. I reported to the police in Hung Yen city but have not received any resolution. I messaged the exchange for support, but they refused to take responsibility because the IB is a partner of the exchange and not related to the exchange. I have saved the photo evidence. Thank you very much! ps: Everyone should stay away from this exchange, as they engage in fraudulent activities and shirk responsibility. They do not support customers. Currently, this IB still regularly posts on Facebook to continue their fraudulent activities.

2024-11-18 20:13
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-08-26
    LiteForex · Company summary
    LiteForex Review Summary
    Founded 2004
    Registered CountryCyprus
    RegulatedCYSEC
    Trading InstrumentsCurrency, commodities, global stock indices
    Demo Account✅
    LeverageUp to 1:30
    EUR/USD SpreadFloating around 0.6 pips
    Trading PlatformMT4, MT5
    Copy Trading✅
    Min Account Deposit$50
    Customer SupportWorking hours: 9 a.m. - 9 p.m.(GMT +2) (Monday to Friday)
    Live chat
    Phone: +357-25-750-555
    Email: support@liteforex.eu
    Address: Liteforex (Europe) Ltd, 30 Spyrou Kyprianou, 1st Floor, Germasogeia, 4040, Limassol, Cyprus

    LiteForex Information

    LiteForex is a Cyprus-registered company that provides online trading services for forex, commodities, and global stock indices markets. It is regulated by the Cyprus Securities and Exchange Commission (CYSEC) and offers two types of live accounts: ECN and Classic. LiteForex also provides demo accounts and rich educational resources for beginners. The company allows clients to deposit and withdraw funds via popular electronic transfers, bank cards, and bank wire transfers with a minimum amount of 1 USD and no extra fees.

    LiteForex's homepage

    Pros & Cons

    ProsCons
    Many years' experience in the industryLimited leverage ratios
    Regulated by CySECNo 24/7 customer support
    Member of the Investor Compensation Fund
    Various trading instruments
    Demo accounts available
    Tight EUR/USD spread
    MT4 and MT5 supported
    Copy trading offered
    Low minimum deposit
    Popular payment options
    No deposit/withdrawal fees
    Rich educational resources for beginners
    Multiple contact channels

    Is LiteForex Legit?

    Yes. LiteForex is regulated by Cyprus Securities and Exchange Commission (CySEC).

    Regulatory AgencyCyprus Securities and Exchange Commission (CySEC)
    Current StatusRegulated
    Regulated byCyprus
    Licensed InstitutionLiteforex (Europe) Ltd
    Licensed TypeStraight Through Processing (STP)
    Licensed Number093/08
    Regulated by CySEC

    Besides, the broker says that it is a member of the Investor Compensation Fund, which enables them to guarantee that all of their client funds are insured (up to 20,000 EUR).

    Safety of funds guarantee

    Market Instruments

    Tradable Instruments Supported
    Forex ✔
    Commodities✔
    Stock Indices✔
    Cryptocurrency❌
    Bonds❌
    Options❌
    ETFs❌
    Market Instruments

    Account Type

    LiteForex offers a demo account for beginners to practice trading without risking real money.

    For live accounts, the company provides two options: ECN and Classic.

    Account TypeMinimum DepositAccount Base Currency
    ECN$50USD, EUR, GBP, PLN
    Classic$50USD, EUR, GBP, PLN
    Account comparison

    Leverage

    LiteForex offers a maximum leverage of 1:30, which is a commonly seen level in the forex industry. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

    Spread & Commission

    Account TypeSpreadCommission
    ECNFloating from 0.0 points✔
    ClassicFloating from 2.0 points❌
    Spreads
    Currency PairSpread (Floating)
    EUR/USD0.6 pips
    GBP/USD1.0 pips
    AUD/USD1.0 pips
    USD/JPY1.0 pips
    EUR/JPY0.2 pips
    Spreads

    Trading Platform

    LiteForex offers both MT4 and MT5 trading platforms, which are widely recognized and trusted by traders in the industry. You can download Apps for Android and iOS.

    Trading PlatformSupported Available Devices Suitable for
    MT4✔Windows PC, MacOS, iPhone/iPad, AndroiBeginners
    MT5✔Windows PC, MacOSExperienced traders
    MT4
    MT5

    Deposit & Withdrawal

    Payment OptionsMin DepositCommission/FeeDeposit TimeWithdrawal Time
    Visa/MasterCard$10❌Instant3-5 days
    Bank wire transfers$10❌2-5 days2-5 days
    Neteller/Skrill$1❌InstantInstant
    Bank cards
    Bank wire transfer
    E-transfers

    News

    NewsLiteFinance Launches Powerful New Mobile Trading App

    LiteFinance launches its revamped mobile trading app in 2025, introducing real-time analytics, a sleek UI, and a $1M trading contest for users.

    WikiFX
    2025-07-23 15:14
    LiteFinance Launches Powerful New Mobile Trading App

    ExposureLiteForex – 5 Key Things You Must Know About This Broker

    LiteForex , claims that it is a safe platform to invest with. It highlights only the positive aspects of the broker. But as a trader or investor, you need to verify whether everything the broker claims is actually true?

    WikiFX
    2025-07-11 18:41
    LiteForex – 5 Key Things You Must Know About This Broker

    NewsLiteFinance MetaTrader Update: Key Changes by July 1, 2025

    LiteFinance announces MetaTrader platform update by July 1, 2025. Ensure your MetaTrader is up to date to avoid disruptions. Get the details here.

    WikiFX
    2025-06-25 14:49
    LiteFinance MetaTrader Update: Key Changes by July 1, 2025

    Exposure2025 LiteFinance Latest Review

    As one of the veteran platforms in the forex market, LiteFinance has attracted many traders with its stable trading environment and wide range of products. But who is it best suited for? This article offers a comprehensive evaluation.

    WikiFX
    2025-05-19 21:29
    2025 LiteFinance Latest Review
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    User comment

    55

    Comments

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    FX3824350210
    0-3months
    ทุกคนระวังตัวด้วย! แพลตฟอร์มนี้มี Slippage ที่น่าปวดหัวมาก ทุกครั้งที่ตลาดผันผวน การดำเนินการออเดอร์ก็เหมือนวัวแก่ลากเกวียนพังๆ คำสั่งซื้อขายในตลาดใช้เวลาเฉลี่ย 2-3 วินาทีในการดำเนินการ และราคาสุดท้ายก็น่าหงุดหงิดมาก สัปดาห์ที่แล้ว ตอนที่ราคาน้ำมันดิบพุ่งขึ้น ผมเข้าสถานะ Long ซึ่งตอนที่คลิกมันแสดงราคา 80.50 แต่ราคาซื้อขายกลับอยู่ที่ 80.75 Slippage เพียงครั้งเดียวทำให้เงินในบัญชีหายไป 3% โบรกเกอร์นี้โกงจริงๆ
    ทุกคนระวังตัวด้วย! แพลตฟอร์มนี้มี Slippage ที่น่าปวดหัวมาก ทุกครั้งที่ตลาดผันผวน การดำเนินการออเดอร์ก็เหมือนวัวแก่ลากเกวียนพังๆ คำสั่งซื้อขายในตลาดใช้เวลาเฉลี่ย 2-3 วินาทีในการดำเนินการ และราคาสุดท้ายก็น่าหงุดหงิดมาก สัปดาห์ที่แล้ว ตอนที่ราคาน้ำมันดิบพุ่งขึ้น ผมเข้าสถานะ Long ซึ่งตอนที่คลิกมันแสดงราคา 80.50 แต่ราคาซื้อขายกลับอยู่ที่ 80.75 Slippage เพียงครั้งเดียวทำให้เงินในบัญชีหายไป 3% โบรกเกอร์นี้โกงจริงๆ
    Translate to English
    2025-08-25 11:57
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    FX2759769431
    0-3months
    A decent trader, no major advantages or disadvantages, everyone has different opinions
    A decent trader, no major advantages or disadvantages, everyone has different opinions
    Translate to English
    2025-08-04 14:20
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