Lite Forex Review 2024 - Is it a Scam? Fees, leverage, minimum deposit

Forex Broker Lite Forex was founded in 2005. The goal of Forex Broker Lite Forex was to provide traders with quick and easy access to the Forex market. The Forex Broker Lite Forex website is available to traders in 15 languages. Currently more than 500.00 traders have decided to participate in Forex trading with Forex Broker Lite Forex. Forex Broker Lite Forex traders benefit from a customer-oriented approach, customer-friendly trading conditions and modern services. Forex Broker Lite Forex also offers traders an Islamic account. Other special features of Forex Broker Lite Forex include six different types of trading accounts available to traders.

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In addition to forex trading, the Forex Broker Lite Forex also offers commodity and equity trading. The spreads on Forex Broker Lite Forex are different depending on the currency pair. For the EUR/USD currency pair, they are quoted at 3 pips. The currency pair GBP/USD is 4 pips and the currency pair USD/JPY is 3 pips. These are values that are common in the Forex brokerage market. Forex Broker Lite Forex provides traders with the MetaTrader 4 platform for trading. Unfortunately, there is no indication of the regulatory authority behind Forex Broker Lite Forex and how the deposit protection for traders is handled in Forex Broker Lite Forex.

Forex Broker Lite Forex offers traders 4 different types of accounts. The accounts are called Cent, Classic, ECN and Pamm.

The advantages of the PAMM account with Forex Broker Lite Forex are the trader's ease of use. All applications are safe for the trader, because the funds are only in the trader's account. Only the trader has access to this trading account.

Each year, the number of new traders in Forex Broker Lite Forex grows by about 100,000 new clients. The Forex Broker Lite Forex is definitely one of the serious brokers, because in 2010 alone, the Forex Broker Lite Forex has received numerous popular awards from various magazines and organizations. Among them were the awards' Stable Broker in Asia 2010',' Best Partner Program 2010' and' Best Forex service provider 2010'.

The Forex Broker Lite Forex offers traders a real money account called REAL Forex and for new traders a real money account with cents. The latter is also called LiteForex. This account is ideal for all traders who want to start trading for small amounts only. In addition, Forex Broker Lite Forex offers its traders a demo account.

The Forex Broker Lite Forex offers traders a Forex trading terminal. Furthermore, traders have the possibility to trade with MetaTrader 4 and with the new version, MetaTrader 5. The Forex Trading Terminal of the Forex Broker Lite Forex is available in Multi Terminal versions and for traders who want to trade on the move, it is also available as a FX terminal for smartphones and PDAs. Unfortunately, the Forex Broker Lite Forex does not offer web trading software without download. Traders can use the MetaTrader 4 and MetaTrader 5 to trade their foreign exchange online with the Meta Quotes Language at Forex Broker Lite Forex. Especially with the MetaTrader the Forex Broker Lite Forex has had only good experiences so far.

Traders new to Forex Broker Lite Forex receive a 30% bonus on their first deposit. However, this deposit must be made within 24 hours of the trader's account opening at Forex Broker Lite Forex. If the trader chooses to deposit real money into his Forex Broker account later than 24 hours later, the trader will still receive a 20% bonus from Forex Broker Lite Forex. With a real-money deposit of $500 into the trader's trading account with Forex Broker Lite Forex, this means a bonus of $150 or $100 for the trader on his trading account.

In addition, Forex Broker Lite Forex offers promotions. In one of the promotions offered by Forex broker Lite Forex, traders were able to win a Macbook Air, iPhone 4 or iPad as part of an advertising campaign. And anyone who advertises a new trader as a trader can get half of their deposits back from Forex Broker Lite Forex as part of the' Refer a Friend' program. However, this only applies if the new trader has made a deposit on his trading account with Forex Broker Lite Forex.

Traders can deposit money into their trading account with Forex Broker Lite Forex by bank transfer, credit cards Mastercard and Visa, WebMoney, Moneybookers and Liberty Reserve. For the Lite account with Forex Broker Lite Forex, the trader only has to deposit $1. In the REAL Forex account, the trader's minimum deposit on his Forex Broker Lite Forex trading account is $10. Traders can make deposits to Forex Broker Lite Forex in either Euro, Dollar or Swiss Francs.

The maximum lever for Forex Broker Lite Forex is 200:1, and the minimum margin is 0.5 % according to the Forex Broker Lite Forex. The spread on the EUR/USD currency pair is indicated by the Forex Broker Lite Forex with 2 pips. Forex Broker Lite Forex has 41 currency pairs that traders can trade with. Traders have the opportunity to trade CFDs, commodities such as gold and silver, indices and stocks from General Electric, General Motors and Microsoft for trading on Forex Broker Lite Forex.

In addition to the good customer service of Forex Broker Lite Forex, which can be reached by traders via live chat, a free callback service of Forex Broker Lite Forex is also offered. In addition, traders can exchange best practices with other traders in the active forum of Forex Broker Lite Forex and gain valuable tips and experience.

New to Forex Broker Lite Forex is the VIP Club, where every trader can become a member for free if he is a client of Forex Broker Lite Forex. Membership in the VIP Club opens up undreamt-of possibilities for the trader, such as SMS signals for 30 days if the trader is a Bronze member of the VIP Club. Silver members will also receive a refund of the deposit fees on their trading account. For traders who are Gold Members, the SMS signal is valid for 180 days. Platinum members in the VIP Club receive an additional personal analyst from Forex Broker Lite Forex.

For traders who want to trade forex successfully online, the Forex Broker Lite Forex is a good choice. The bonus of the Forex Broker Lite Forex is particularly attractive for new traders, as it amounts to 30% within the first 24 hours. Also noteworthy in Forex Broker Lite Forex is the low spread on the EUR/USD currency pair of just 2 pips. Traders can use automatic trading systems at Forex Broker Lite Forex with the support of MetaTrader 4 and MetaTrader 5 and, thanks to the free software on the App Stores, they can also access their trading account via PDA or smartphone at any time and trade on Forex Broker Lite Forex.

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