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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

LiteForex

Cyprus | 15-20 years | Environment D |
ECN Account Regulated in Cyprus | Straight Through Processing (STP) | MT4 Full License | High potential risk

https://www.liteforex.eu/

Website

Rating Index

Environment

Environment

D

Average transaction speed (ms)

871 Poor

MT4/5

Full License

LiteForexEU-Live

United Kingdom
MT4
173

Influence

B

Influence index NO.1

Cyprus 4.97
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:D

Slippage:C

Cost:A

Disconnected:AA

Rollover:A

MT4/5 Identification

MT4/5 Identification

Full License

173
Server Name
LiteForexEU-Live MT4
Server Location United Kingdom

Influence

Influence

B

Influence index NO.1

Cyprus 4.97
Surpassed 49.90% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+357 25-750-555
support@liteforex.eu
https://www.liteforex.eu/
30 Spyrou Kyprianou, 1st Floor, Germasogeia, 4040, Limassol, Cyprus

Licenses

Licensed Entity:Liteforex (Europe) Ltd

License No. 093/08

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-09-07
  • WikiFX has received a total of 100 user complaints against this broker, please be aware of the risks and do not be scammed!
2

Basic Information

Registered Region
Cyprus
Operating Period
15-20 years
Company Name
Liteforex (Europe) LTD
Abbreviation
LiteForex
Company employee
--
Customer Service Email Address
support@liteforex.eu
Contact Number
+35725750555
Company address
30 Spyrou Kyprianou, 1st Floor, Germasogeia, 4040, Limassol, Cyprus

FX1201556053

Verified

Thailand

This platform keeps saying it's "data-based," but it's all just a scam. I've been applying for a withdrawal for almost two weeks, and I haven't seen a penny! I was initially deceived by their promises of "accurate data and three-day withdrawals." I thought I'd invest some money to supplement my family's income, but as soon as I put my money into the platform, they pocketed it! Every time I contact customer service for an explanation, they say, "The data verification failed and I need to resubmit my information," or "The finance department is checking my transactions, so please wait." They can't finish checking for two weeks? It's clear they don't want to pay! Yesterday, I pushed them too hard, and they even said, "There were illegal transactions in my account and my funds were frozen!" I was just trading normally, so how could there be any violations? This is a clear scam!

Exposure

Three days ago

FX3628506672

Verified

Thailand

From confidence to despair, the endless fluidity of the platform and shameless management. After four months of trading, I placed a buy order at 1.2630 for GBP/USD. At that time, the market volatility was stable, but the order was actually executed at 1.2671, with a slippage of 41 pips. Please remember that on legally compliant Thai forex platforms, slippage is generally controlled within 5-10 pips under similar market conditions. Even more shocking was earlier this month when the European Central Bank (ECB) announced its interest rate decision. I set a stop-loss at 142.50 for EUR/JPY to prevent significant losses. However, when the market fluctuated, the stop-loss was actually executed at 143.23, with a slippage of 73 pips. This single order cost me $3,200, which was two months of my savings. This platform, which relies on slippage fraud and lacks integrity, urges all Thai traders to be cautious and not fall victim to the same scam I did!

Exposure

Three days ago

FX2727094690

Verified

Thailand

Last Friday at 9.10 AM, I was staring at the XAU/THB (gold to baht) stock market until 3 AM to analyze nearly 15 days of trading data. It was an opening position of more than 5 lots at the 26,450 point. After clicking and confirming, the platform froze directly. The order status on the screen kept showing "processing" all the time. I frantically clicked refresh, went back and entered the background again, and even restored the phone to factory settings. It took 25 minutes to get back in. When I checked again, the price had surged to 26,720—I could have made a profit of 67,500 baht. But now, not only did I not make a profit, but panic followed, and I ended up adding another 83,000 baht to the losing position. I complained to customer service, and the woman there sounded like a buzzing mosquito, going in circles saying, "At that time, the server was under temporary maintenance, and there was nothing we could do." Maintenance without prior notice? My friend was trading on another platform at the same time, and their entire process went smoothly. This month, I lost nearly 500,000 baht just because of LiteForex's lag and failed orders! LiteForex, you deliberately delay and want us retail traders to suffer.

Exposure

Three days ago

FX2769973462

Verified

Malaysia

On the night of the June 2025 non-farm payroll report, I traded XAU/USD on LiteForex with a stop-loss at 2,360. When the market hit 2,362, my position was forced closed at 2,325. This 35-point slippage resulted in a loss of RM4,200. Eleven of my 12 stop-loss orders slipped, a whopping 91.7% slippage rate, which perfectly aligns with the "99% stop-loss order slippage" phenomenon I've searched for. Even more disgusting is the profit-stripping scheme. In May, I had a profit of $800 on a long EUR/USD position, but the platform suddenly widened the spread to 18 pips (usually just 1.8 pips), and 30% of my profit was inexplicably deducted during the forced liquidation. A warning to Malaysian traders: Stay away from this platform that exploits low-regulatory licenses to steal your funds. There's no way to protect your hard-earned money!

Exposure

In a week

FX3159074245

Verified

Thailand

สเปรดพุ่งสูงขึ้น กินเงินต้นไปมาก และอินเทอร์เฟซภาษาไทยก็เต็มไปด้วยบั๊ก ในเดือนพฤษภาคม ขณะที่ผมเทรดคู่เงิน EUR/THB บน LiteForex ผมสังเกตเห็นว่าสเปรดขยายกว้างขึ้นบ่อยครั้งอย่างอธิบายไม่ถูก มันแสดง 2.5 pips ในช่วงเวลาซื้อขายปกติ แต่กลับพุ่งขึ้นทันทีเป็น 15 pips ทันทีที่ผมวางคำสั่งซื้อ ก่อนจะกลับมาเป็นปกติเมื่อปิดสถานะ ในคืนที่มีรายงานการจ้างงานนอกภาคเกษตรกรรมวันที่ 15 ตุลาคม สถานะซื้อ 5 ล็อตของผมถูกปิดลงทันทีเนื่องจากสเปรดขยายกว้างขึ้นอย่างกะทันหันเป็น 30 pips ส่งผลให้ขาดทุน 120,000 บาท ที่แย่กว่านั้นคืออินเทอร์เฟซภาษาไทยเต็มไปด้วยบั๊ก โดยปุ่ม "Stop Loss" เปลี่ยนเป็น "Close" เป็นครั้งคราว โฆษณาของแพลตฟอร์มที่ว่า "สเปรดคงที่" นั้นเป็นเรื่องโกหกโดยสิ้นเชิง ภาพหน้าจอจำนวนมากในฟอรัมผู้ใช้ภาษาไทยพิสูจน์ว่าพวกเขาได้ติดตั้งกับดักสเปรดแบบไดนามิกสำหรับคู่เงินบาทไทย มันน่าหงุดหงิดมาก อย่าเข้ามาใกล้

Exposure

In a week

FX3676318585

Verified

Thailand

LiteForex, I really regret choosing your platform! I always thought legitimate platforms wouldn't falsify data, but you've used "data" as a tool to scam me out of money. Now my withdrawals are stuck! I used to base my crude oil trading strategy on your platform's candlestick charts and volume data, but every time I placed an order, the data started to "go against me"! When I went long, your data deliberately drove it down; when I went short, the data suddenly shot up. In just five days, I was wiped out three times! Now I want to admit defeat and exit, but requesting a withdrawal is incredibly difficult! I've submitted eight withdrawal requests, and each time they were rejected due to "anomalies in trading behavior," and you can't even explain what the anomaly is! I called my account manager, but he simply refused to answer. I left messages on your platform, but they were blocked!

Exposure

In a week

FX3824350210

Verified

Cambodia

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.

Exposure

08-25

FX2759769431

Verified

Malaysia

A decent trader, no major advantages or disadvantages, everyone has different opinions

Neutral

08-04

FX1791839335

Verified

Indonesia

Great! Providing Cent + ECN accounts with no fees, $50 can activate full functionality, micro accounts support risk-controlled testing.

Positive

07-29

FX1032279021

Verified

Indonesia

Crypto withdrawals are now available in 7 minutes, and 90% of fiat currency withdrawals are processed within 4 hours. A pleasant surprise!

Positive

07-29

XYZ1328

Unverified

Philippines

my experience here is amazing. I have successful withdrawals.

Positive

07-28

sum1019

Authenticated
Unverified

Malaysia

Lifeforex provides fast deposit service.

Positive

07-25

FX1756702849

Verified

Thailand

When I'm too lazy to watch the market, I often rely on their signals to keep me going. There are over 200 strategies to choose from, and you can filter them based on market conditions. I follow the 'Crude Oil King,' and his real trading win rate over half a year is 68%. The key is being able to customize risk control. I set a single loss rate at ≤2%. When a strategy fails and I make three consecutive wrong orders, the system automatically stops order-based trading, and the account only drops by 5%. What's the downside? Free signals are delayed by 3-5 seconds, and there's a deposit fee. Contacting customer service for a refund is more troublesome.

Neutral

07-18

FX8985038222

Verified

Thailand

Xiao Bai suggested bringing a calculator when opening an account and clearly selecting "Real-Time Operation" in the trade copy settings. As a result, he made a profit within seconds from last week's non-agricultural data. But my account was delayed by over 22 seconds before the transaction completed, and the cost was $8 higher per ounce. I still don't understand at all.

Neutral

07-18

FX4186976697

Verified

Thailand

The registration is very convenient, and the customer service response is very quick. It's suitable for beginners who want to try it out with just a hundred yuan.

Neutral

07-18

Bhavat

Verified

India

I love that LiteForex offers numerous deposit methods, giving users convenient ways to fund their accounts

Positive

07-17

Ahkash

Verified

India

I had a deposit issue, but the live support team responded quickly and was very helpful. they even sent a confirmatory email to verify that they had resolved the issue

Positive

07-17

Aniket62

Verified

India

One of the things I appreciate most about LiteForex is their diverse deposit options, which simplify the funding process for users.

Positive

07-17

Aniket62

Verified

India

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

Exposure

07-17

FX2578990002

Verified

India

Ran into a deposit problem, but a quick chat with their live support and it was all sorted. Really impressed with their speed and assistance.

Neutral

07-17

Sankrit88

Verified

India

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

Exposure

07-17

bura4156

Verified

India

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

Exposure

07-17

mojie

Verified

India

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.

Exposure

07-17

139
Account
Related Software
Environment
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Disclosure
News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT5
10
MT4 Servers
4
MT5 Servers
169.35
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Perfect
Meta Trader 5
Perfect
Meta Trader 4
Perfect
Meta Trader 5
Perfect

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Environment

Average transaction speed(ms)
871 Poor
The highest transaction speed(ms)
100 Good
The highest speed of opening positions(ms)
100 Great
The highest speed of closing position(ms)
182 Good
The lowest speed of opening positions(ms)
1999 Poor
The lowest speed of closing position(ms)
1998 Poor
11.18USD/Lot Great
27.54USD/Lot Perfect
Long: -6.62USD/Lot    Short: 2.93USD/Lot Good
Long: -49.56USD/Lot    Short: 0.11USD/Lot Poor
Average slippage
1 Poor
Maximum transaction slippage
29 Poor
Maximum positive slippage
-1 Good
Maximum negative slippage
29 Poor
Average disconnection frequency (times/day)
0.1 Perfect
Average reconnection time (millisecond/per request)
14.2
Ranking: 113 / 125
Test user 1,214
Orders 22,812
Ocuppied margin $6,679,206 USD
Data Source
WikiFX Data provide
Updated: 2025-09-05 01:00:00
Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
Costa Rica
litefinance.mu
104.21.23.72
litefinance.vn
172.67.222.140
litefinance.org
178.248.238.87
liteforex.br.com
78.140.179.155
liteforex-thailand.com
78.140.179.155
liteforex.my
78.140.179.155
View More

Genealogy

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Please visit the WikiFX App to be our VIP.
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Relevant Enterprises

LITEFOREX (EUROPE) LTD(Cyprus)
Active
Cyprus
Registration No. HE230122
Established 2008-05-28
Related sources Website Announcement

Company Summary

Company Summary

Company profile

General Information & Regulation

Liteforex is the trading name Liteforex (Europe) Limited which registered with address: 1 Vasileos Georgiou A Street, Monastiraki Center, Office 1, Potamos Germasogeias, 4040, Limassol, Cyprus, launched in 2005. Liteforex (Europe) Limited, is registered as a Cyprus Investment Firm (CIF) with the registration number HE230122 and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 093/08 in accordance with Markets in Financial Instruments Directive (MiFID).

Market Instruments

Investors can trade all popular currency pairs and cross rates, precious metals, crude oil, stock indices, stock CFDs, and cryptocurrencies through Liteforex broker.

Liteforex Minimum Deposit

There are two acocunt types are listed on Liteforex platform: the Classic Accounts and the ECN accounts. The Classic account requires a minimum deposit of $50 and a 30% tradable bonus on deposits, and the ECN account requires the same initial deposit amount but with a 2.5% annual account interest. Additionally, a demo account is alos available.

Liteforex Leverage

Trading leverage depends on various instruments. The maximum leverage for major currency pair is up 1:30, up to 1:20 for minor currency pairs and major indices, 1:20 for XAUUSD, 1:10 for XAGUSD, 1:10 for USCrude and UKBrent.

Spreads & Commissions

Liteforex calculates trading costs all into spreads. The minimum spread for the classic account is 2.2 pips for EURUSD, 2.3 pips for GBPUSD, 6.4 pips for XAUUSD, 6.2 pips for XGUUSD, 0.9 pips for USOil, 0.9 pips for UKOil, 10.6 pips for S&P500, 4.1 pips for Stocks, and 1.0 pips for Bitcoin. The minimum spread for BitUSD is 1316.0 pips. The minimum spread for ECN accounts is 0.1 pips for EURUSD, 0.3 pips for GBPUSD, 1.5 pips for XAUUSD, 1.0 pips for XGUUSD, 0.3 pips for USOil, 0.3 pips for UKOil, 0.6 pips for S&P 500, with its commission of US$5. The spread for BitUSD is 1316.0 pips, and the minimum spread for stocks is 0.1 pips.

Trading Platform

Liteforex offers traders the market-leading and popular MT4 and MT5 trading platforms, as well as MT4 Windows PC, MT4 Mac PC, MT4 Multi-Terminal Edition, MT4 iOS/iPad, MT4 Android, MT5 Windows PC, MT5 Mac PC, MT5 iOS/iPad/iPad, and MT5 Android, for users to make flexible choices.

Deposit & Withdrawal

Traders can deposit and withdraw funds via VISA & MASTERCARD credit cards, bank wire transfers, local deposits, Skrill, Neteller, Perfect Money, WebMoney, Alipay, and Bitcoin cryptocurrencies with a minimum deposit of $10. Liteforex will provide users with a certain amount of bonus, for the refund of fees incurred by the payment.

Customer Support

Customer service can be accessed 24/5 via live chat, and e-mail and phone support 12/5. LiteForex maintains a multi-lingual support team, while the FAQ section answers the most common questions. Traders are unlikely to require any assistance, as this broker explains most aspects well. In case of unforeseen events, it remains easy to receive help

Keywords

  • 15-20 years
  • Regulated in Cyprus
  • Straight Through Processing (STP)
  • MT4 Full License
  • MT5 Full License
  • cTrader
  • High potential risk

News

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News LiteFinance Launches Powerful New Mobile Trading App

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2025-07-23 15:14

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Exposure LiteForex – 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?

2025-07-11 18:41

LiteFinance MetaTrader Update: Key Changes by July 1, 2025

News LiteFinance 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.

2025-06-25 14:49

2025 LiteFinance Latest Review

Exposure 2025 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.

2025-05-19 21:29

LiteFinance Launches Partner App to Boost Affiliate Earnings

News LiteFinance Launches Partner App to Boost Affiliate Earnings

LiteFinance introduces a mobile app for affiliates, offering real-time tracking, multilingual support, and a $1M anniversary challenge to enhance earnings.

2025-05-19 17:00

WikiFX Broker Assessment Series | LiteForex: Is It Trustworthy?

Exposure WikiFX Broker Assessment Series | LiteForex: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of LiteForex, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

2025-05-16 17:20

View More

User Reviews 139

All (139) Positive (20) Neutral (6) Exposure (113)
FX3159074245
Within 1 year
Verified
Exposure
สเปรดพุ่งสูงขึ้น กินเงินต้นไปมาก และอินเทอร์เฟซภาษาไทยก็เต็มไปด้วยบั๊ก ในเดือนพฤษภาคม ขณะที่ผมเทรดคู่เงิน EUR/THB บน LiteForex ผมสังเกตเห็นว่าสเปรดขยายกว้างขึ้นบ่อยครั้งอย่างอธิบายไม่ถูก มันแสดง 2.5 pips ในช่วงเวลาซื้อขายปกติ แต่กลับพุ่งขึ้นทันทีเป็น 15 pips ทันทีที่ผมวางคำสั่งซื้อ ก่อนจะกลับมาเป็นปกติเมื่อปิดสถานะ ในคืนที่มีรายงานการจ้างงานนอกภาคเกษตรกรรมวันที่ 15 ตุลาคม สถานะซื้อ 5 ล็อตของผมถูกปิดลงทันทีเนื่องจากสเปรดขยายกว้างขึ้นอย่างกะทันหันเป็น 30 pips ส่งผลให้ขาดทุน 120,000 บาท ที่แย่กว่านั้นคืออินเทอร์เฟซภาษาไทยเต็มไปด้วยบั๊ก โดยปุ่ม "Stop Loss" เปลี่ยนเป็น "Close" เป็นครั้งคราว โฆษณาของแพลตฟอร์มที่ว่า "สเปรดคงที่" นั้นเป็นเรื่องโกหกโดยสิ้นเชิง ภาพหน้าจอจำนวนมากในฟอรัมผู้ใช้ภาษาไทยพิสูจน์ว่าพวกเขาได้ติดตั้งกับดักสเปรดแบบไดนามิกสำหรับคู่เงินบาทไทย มันน่าหงุดหงิดมาก อย่าเข้ามาใกล้
In a week

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