LiteForex Review

The LiteForex broker was launched back in 2005 and has become a name known all around the world for excellence and quality service. They are registered in United States Patent and Trademark Office. There are currently nine branches of the company that are fully functional and they continually keep all of their web services and trading platform updated for their customers.

LiteForex has had over 240,000 traders use their services since opening back in 2005, with over 300 trading accounts being opened every day. They are one of the most dynamic forex brokers that you will find in the market today and they are known for keeping their customers fully satisfied when it comes to trading forex online.

LiteForex Trading Platform

With LiteForex traders are able to open both demo accounts and live accounts on both the MT4 platform and the MT5 platform. This makes for a huge advantage for traders because if someone is familiar with the MT4, this gives them the opportunity to stick with what they know and use that. However, if you are looking for the newest platform available, they also offer the MT5 with the most up-to-date online trading technology.

Having the option of opening a demo account on one or both of the trading platforms gives new traders the chance to see which one they prefer. This is a huge bonus because it allows you to become acquainted with whatever platform you choose to trade with and you don’t have to worry about starting into your forex trading clueless.

MT4 Trading Platform

The MT4 platform is one of the most well-known and commonly used forex trading platforms in the market today. The LiteForex MT4 offers traders tons of excellent trading tools and indicators, as well as rapid trading execution. This platform provides everything that a trader could possibly need and allows traders to customize their platform to their own trading needs.

They also have a smart phone version of the MT4 which gives you full access to their trading platform right on your mobile phone. This allows you to trade at anytime and from anywhere. This is very helpful when you are looking to make quick trade executions when you are not able to be at home in front of your computer.

MT5 Trading Platform

Their MT5 platform is one of the most technologically advanced forex trading platforms on the planet. Many consider the MT5 to be the future of online forex trading and LiteForex has implemented it perfectly. This platform is a continuation of the well-liked MT4 and what they have done is to make it much more efficient and better to use.

The things that have changed from the MT4 to the MT5 are things such as a new innovative interface, new forex indicators and advanced options for the advanced trader. Many of the professional traders have found this platform to be much more useful for their style of trading in which it enables trades to be done much quicker and gives more insight into the market trends.

LiteForex Deposit Bonus

The LiteForex initial deposit bonus is well-known among traders for being larger than many other brokers. They offer new traders the bonus of 30% match on the first deposit. This kind of bonus can add a good amount of financial capital to your trading even if you don’t have a whole lot to start with. When you are learning to trade forex, any extra money will help.

Beyond that, LiteForex also stays very true to their customers and offers a 15% bonus every time you deposit after the first one. This is a great incentive for traders to continue with their forex trading because they know that each time they are ready to deposit more that they will be given even more capital to build their trading career.

They also offer their customers many different options for depositing funds into their account including credit cards, Webmoney, Moneybookers, Liberty Reserve, OK Pay, Alertpay, Perfect Money, Liqpay and wire transfer. If you are ready to sign up and take full advantage of their 30% bonus offer, visit LiteForex to get started.

Forex Learning and Trading Tools

LiteForex also offers their traders a variety of education material for learning more about the forex market and also how to trade forex successfully. This makes for a great way to start your forex trading because you can take the time to learn from other professional traders on tactics ad techniques that have been proven to work in the market.

Also learning for yourself how to analyze the market trends and read the many different charts and indicators will help make you a much better trader down the road. Plus, the learning material is always available for you, so even if you don’t go through it all right away, it will be there for you when you need it.

The trading tools that are provided through their platform are phenomenal as well. Especially when it comes to the MT5 trading platform, there are all of the most common tools and indicators that you will need to trade but there are also some new ones that will help you too. There is no doubt that LiteForex spent a lot of time making sure that their customers had everything they would need to be well equipped for the market.

Customer Support Services

The support staff at LiteForex can be reached by live chat, telephone and also email. They make it very convenient to get in contact with them and they are almost always able to help with whatever problem you might have. They have been professionally trained so that they can provide traders with the best services possible.

Another nice thing about their customer support is their trading forum. This is where you can communicate with LiteForex about pretty much anything including trading strategies. This becomes very helpful for new traders trying to develop their own trading style.