Liteforex – Reliable or Not?
Liteforex is – just like Instaforex – starting to submit fake comments from company representatives to improve their reputation. We at ForexScams want real trader reviews and experiences and we will not accept any of these fake comments. Stop trying. With this method you make it less likely to get a positive and real user comment approved.
Liteforex is a relatively unknown Forex broker and not as popular as eToro, AvaFX, Oanda or others. But there are enough opinions on the Internet that you can judge whether this broker is a scam or not.
Overall there are a lot of good experiences and only a few negative experiences. This is pretty strange because if there’s so much positive response why don’t you hear more about this broker? The major reason should be that Liteforex is very passive with their marketing unlike eToro, AvaFX, ForexPro or others.
Something that may look strange for traders is the fact that Liteforex is using a .org domain. org domains are pretty much the same as .com or .net but not that popular. Sure, brokerreviews is also working under a .org domain but we’re no FX broker and you can’t deposit money here. We think that Liteforex could invest a couple of thousand dollars to buy the .com domain and look a bit more reliable.
Overall the experiences are positive with a few critics. We suggest that you take a look at the trader experiences yourself.
Very quick and easy to trade. I’m happy with this broker.
I hate the fact that there’s no demo account.
The problem is that Liteforex rarely replies to emails and I don’t like the charts there.
You can recommend this broker. There were no problems with my withdrawals. I can only recommend this broker.
I’m not that happy with this broker. If you need help the support replies very slowly. I’m afraid staying in a position without getting quick support if there are problems.
I just left Liteforex because of the lame support and the fact that withdrawals take too long.
Good broker, the withdrawals arrive at the same day.
The trading conditions were excellent, I think you can trust this broker.
Very good and reliable broker. Never had issues with deposits or withdrawals.
I’m confident that all the negative responses come from competitors. Because Liteforex is very reliable and the withdrawals work fine. I’m trading with them for two years now. I also like the ICQ support there.
A deposit takes 10 minutes and a withdraw 24 hours. Great Metatrader platform.
I experienced a stop loss that was not executed.
Withdraws are taking a bit long with 2 days but overall ok.
I don’t have any issues with Liteforex. The Metatrader platform is great and it only takes a few hours until the money is in my account.