It’s an analytical trading platform intended for working on the Forex market Leave a comment

On the plus side, LiteForex Mobile App offers a large range of assets and trading tools. The company offers clear and trustworthy trading systems with cent, STP, and ECN accounts. There are a couple of calculators, mainly an order calculator and a Fibonacci calculator that can help you calculate trade sizes and Fibonacci to help with your trading.

Making Deposits and Withdrawals

  1. MT5 is a new version of MetaTrader that has been improved in functionality and enlarged set of trading tools.
  2. This broker provides a reliable and engaging copy trading facility that functions as a social media network.
  3. Numerous free analytical tools along with easy navigation and strong support make the app attractive.
  4. Account holders can choose between MetaTrader 4 and MetaTrader 5 as a trading platform.
  5. Forex currency converter is the most convenient and informative app for mobile devices where you can get the latest data on price changes of trading instruments.

The android app allows trading for 24 hours with updated analytical materials. Forex analysis includes daily wave analysis and macro-economic indicators. LiteForex does not trade in currencies alone but about 150 trading instruments.

The widest range of devices for Forex trading

The Cyprus Investor Compensation Fund covers all retail trading accounts (for those not belonging to professional or institutional investors) against broker liquidation to a maximum value of EUR 20,000. With ECN account types and automatic withdrawals, there are some good aspects to it. The commissions are a bit expensive though, making its offerings less attractive to seasoned traders. Additionally, the broker also offers advanced trading tools to assist their traders.

Trading platforms and mobile trading reviewed at LiteForex

TheMetaTrader platforms feature fully customizable user interfaces as well aswatch lists, market news integrations, advanced order windows, a sophisticatedcharting package and more. Another cool feature isthe ability to follow and copy other successful traders trades https://xcritical.pro/ with the socialtrading and copy trading features. Both of the trading platforms is compatible with Windows PC, MAC and mobile devices such as Android phone, tablet, iPhone and iPad. Convenient electronic systems enable topping up trading funds and withdrawals easily.

Торговый терминал Форекс MetaTrader 4

All these tools are useful when trading and provide some assistance to traders, increasing their potential accuracy when making trading decisions. LiteForex also offers a Fibonacci calculator, which can further assist traders in defining better entry and exit points. Overall, LiteForex is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering.

Full set of orders and trading functions

Spreads bring incomes to LiteForex and differ according to the nature of the account and type of traded asset. ECN account uses a commission-based system and charges $5 per lot. After xcritical scam the successful downloading of the software, go through the process of opening an account. The first step will involve the creation of a Profile of the applicant with personal details.

Mobile Forex applications for Android

Trustworthy services that date back to 2005 and their credibility have long been established. After downloading the Android or iOS app, you need to register according to the country of residence. Liteforex Investments Limited is Headquartered in the Marshall Islands & the company was established in 2005.

Once an account is open the minimum deposit drops to whatever the minimum of the method you are using, for instance, if using a credit or debit card the new minimum for top-ups is $10. There are two different accounts when trading with LiteForex and each one has a different requirement and also different features, let’s take a little look at what is on offer. LiteForex Investments Limited, the online broker’s parent company, is regulated and authorized in Marshall Islands in compliance with the Marshall Islands Business Corporation Act. The company’s official address is Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. Besides being the fastest growing online forex broker in Asia and Western Europe, LiteForex has won several industry awards, such as the Best Broker in Asia, Africa, and Latin America. Also, “World Finance,” a leading financial magazine in Britain, has included LiteForex into its “100 World Finance” list.

Trade in Forex currency pairs 24/5 and try your luck with major and minor or exotic pairs of currencies. The LiteForex Online Trading Platform WebTrader and the two downloadable platforms are user-friendly. WebTrader enables plenty of customization according to trader requirements. Traders’ Tools of several kinds help safe and research trading to elevate profits and minimize losses—analytical tools aid technical and fundamental forex understanding.

ECN or Electronic Communications Network account is are great for professional traders and investors and works on MT4. LiteForex provides their traders with avariety of deposit and withdrawal methods for convenient Forex trading. All ofthe same methods used to deposit funds can be used to withdraw funds. Depositsare free of charge and withdrawals are subject to withdrawal fees. The minimumdeposit amount varies from $10 for most payment methods to $100 for some BankWire Transfers. As for withdrawals, the minimum withdrawal amount is notstated.

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