LiteForex Journal
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LiteForex Profile
Website
Year
 2008
Country
 Cyprus
Branches
 1
Regulation
 CySEC Cyprus
Registration
CySEC Cyprus
Investor protection
Fund protection
 Cyprus Investor Compensation Fund (ICF)
Publicly traded
 no
Restricted in
Not serving
 х Australia, Belgium , Canada, India, Israel, Japan, North Korea, Russia, SVG, US, Ukraine 
Broker type
 MM, STP, ECN marketing
Dealing book
 A+B hybrid book, A-book 
Tier
 3
Execution speed
  ... 
LPs total
  ...  
LPs quality
 ...
LPs names
 ...
LiteForex Accounts
MM
   ECN
Minimum Deposit
50 $
   50 $
Leverage
30 : 1
   30 : 1
Minimum Lot
0.01 lots
   0.01 lots
EURUSD spread
2 pips
   0 pips
Commission
0 $/lotRT
   10 $/lotRT
Volume
100 lots
   100 lots
Margin Call
100 %
   100 %
Stop Out
50 %
   50 %
Execution
Market
   Market
Spread
 floating
   floating
Scalping
 no
    Unlimited
 Deposit & Fees
Deposit methods
 Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Skrill
Base currency
 USD, EUR, GBP, PLN
Segregated accounts
 yes
Interest on margin
 yes
Inactivity fee
after 2 months
| Update broker | 
- Full listing profile: LiteForex broker profile
Is LiteForex safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: CySEC Cyprus
- Registration: CySEC Cyprus
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is LiteForex trusted?
- Information transparency: sufficient ★★★ 
- Customer service: prompt, helpful ★★★★★ 
- LiteForex website: highly detailed, updated ★★★★★ 
- LiteForex popularity (by visitor count): average ★★★ 
How LiteForex works
Market execution of orders with no requotes
No Stop & Limit levels
Scalping and news trading allowed
No conflict of interests
https://www.liteforex.eu/trading/account-types/ecn/
Client – individual or juridical entity, registered in the Client's Profile, conducting conversion
arbitrage operations with the Company at the quotes provided by the Company.
Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction.
Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed.
6.1. When conducting trading operations, “Market Execution” quoting mechanism is applied, regardless of the Client's account type.
6.4. The time of processing depends on the quality of terminal-server connection and the market state. Under normal market conditions, the processing of a client's order usually takes 3-5 seconds, in other market conditions the time of processing can amount to 5-15 seconds, as a rule.
Arbitrage transaction – an operation which consists in buying assets on one market and at the same time selling its counterpart on another market. It locks the difference in the value of these assets on different markets. It’s evident that the portfolio value remains roughly the same regardless of the further market movements, as the counter transactions cover each other. Next, as soon as the change in the price difference turns in Client’s favor, the counter arbitrage transaction is conducted in order to fix the profit. A transaction consisting only in buying (selling) financial assets on one market without selling (buying) them on another market can also be regarded as an arbitrage transaction, provided that there is a considerable price gap between the quotes of these interconnected markets at the moment of opening or closing the transaction.
Market Execution – Type of order execution when the Company makes a decision concerning the execution price without preliminary agreement with the Client. Sending a market order in this mode implies accepting beforehand a price at which the order will be executed.
6.1. When conducting trading operations, “Market Execution” quoting mechanism is applied, regardless of the Client's account type.
6.4. The time of processing depends on the quality of terminal-server connection and the market state. Under normal market conditions, the processing of a client's order usually takes 3-5 seconds, in other market conditions the time of processing can amount to 5-15 seconds, as a rule.
https://www.liteforex.eu/uploads/documents/pdf/client-agreement-en.pdf
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