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  5. Liteforex

Liteforex has been servicing its clients since 2005. The broker offers Forex, precious metals, oil, crypto, shares, the base currencies. Reviews note easy to use and comfortable terminal with an intuitive interface in 15 languages. MetaTrader 4 and MetaTrader5 are available. Its headquarters are located on the Marshall Islands. The platform is regulated by the SIBA

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  • Fouded

    2005

  • Min deposit

    50$

  • Min withdrawal

    1$

  • Withdrawal fee

    3.5%

  • Inactivity fee

    If trading operations have not been conducted on a trading account for 3 months and the trading account balance is less than 1000 USD, the account will be archived to make space on the trading server

  • Min bet

    0.1 lots

  • Max. leverage

    1:500

  • Withdrawal of funds

    1-5 working days

  • Asset type

    Forex, Indices, Shares, Bonds, Crypto

  • Regulated

    CySEC

  • Deposit with credit card

    Visa, Mastercard, Maestro

  • Depositing with electronic wallet

    Neteller, Skrill, Webmoney, Wire Transfer, Carte Bleue, Dankort , PostePay, Qiwi, and China Union Pay

  • Withdrawal

    Visa, Mastercard, Maestro, Neteller, Skrill, Webmoney, Wire Transfer, Carte Bleue, Dankort , PostePay, Qiwi, China Union Pay

  • Avalaible plamform

    MT4, MT5 WebTrader, IOS, Android

  • Company registration

    LiteForex Investments Limited Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

  • Availability

    Does not provide service to residents of the EEA countries, USA, Israel, and Japan

Pros

  • Choice of Trading Accounts

    High Interest on Unused Deposit

    Demo Account

Cons

  • Limited trading instuments

    Not the cheapest commission fees

    No service to clients from USA, Japan, Israel

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