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We use dedicated people and clever technology to safeguard our platform. LiteFinance Company’s another fraud that they regard all world wide people especially their clients and potential clients as blockheads. After the event happened,I tried discussion with LiteFinance Company to solve this mistake with the best way to all their worldwide clients. But they destroyed all evidence very quickly first and they just waited for claims from clients who only know their financial losses without knowing what happened as there is no evidence. LiteFinance Company created dishonest market price not only in EURUSD instrument but also (20 $) in XAUUSD instrument at the same time as far as I know. I traded with them, and the client dashboard has everything you need.
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In the year 2008 LiteFinance became a member of the Russian Association of Financial Market Members . Customer support – LiteFinance multi language customer support service is available 24 hours, 5 days a week, in 17 languages. LiteFinance support is available via phone call, email and also live chat, available directly from their website.
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- Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
- However, the ECN account, which is aimed at professional and institutional users, charges a flat commission of $5 per round trip per lot.
Fxverify is the first of it’s kind and only publishes user reviews by verified customers with a real LiteFinance trading account. Although LiteForex is not regulated by a renowned regulator, it does strive to provide a safe trading environment to traders. One of the best things about LiteForex is it is regulated under the Marshall Islands Business Corporation Act. Hence, according to the rules, LiteForex is compelled to keep the client’s funds separate from the company’s funds.
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On the positive side LiteFinance believes in educating traders, by giving away the resources needed to improve client’s trading experience and results, all available directly from their website. Currently, LiteFinance trading accounts are only available in USD, EUR, CHF, RUB and MBT. LiteFinance also offers PAMM accounts alternatives for money managers. For accounts opened via any entity of the LiteFinance Group, there is a default Negative Balance Protection mechanism in place, for the sake of no negative balance. With NBP, LiteFinance customers are protected from any losses bigger than their original investments, in cases of extreme market volatility.
The LiteFinance web platform has the widest selection of digital assets among brokers, with over 75 cryptocurrency pairs available. Traders can choose the most popular coins, such as Bitcoin and Ethereum, for short-term trading and make profits from daily price movements. They can also open long-term buy positions for tokens of developing crypto projects, whose cost currently does not exceed $1. LiteFinance also closely monitors the world of cryptocurrencies and regularly adds promising digital assets to the list of trading instruments.
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This contributes to the verve and pace of the money making, or losing, process. Most brokers want their clients to succeed because the greater their volume the greater will be the brokerage accruing to the broker. In order to promote their sites many brokers offer bonuses or contests to encourage users. The aim is to encourage successful and therefore high volume clients. This translates into pure profit for brokers so it may be called a truly win win situation.
The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from the companies we write about. Always verify that the broker you choose to invest with, is licensed by your local financial regulator. CySEC then launches the compensation process after having proven the negligence of the ICF member regarding the claims of its clients.
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