Founded in 2008, LiteForex is a forex and CFD broker based in Cyprus, authorized by CySEC. It supports the MetaTrader 4 and 5 platforms and offers VPS hosting for low-latency trading.
LiteForex stands out for its social trading capabilities, extensive educational and research materials, and strong safety features, making it an excellent choice for beginners.
However, LiteForex’s range of instruments is somewhat limited, with an absence of share CFDs and cryptocurrencies. While the spreads on its Classic account are relatively high, the ECN account type offers more competitive trading fees.
Overall, LiteForex is deemed suitable for novice traders, day traders, and those interested in algorithmic trading.
Pros | Cons |
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When we review a broker, we assess its suitability for implementing a wide variety of trading strategies. I evaluated LiteForex’s performance for each category below:
Acceptable Choice: LiteForex offers demo accounts, extensive educational and research materials, and a low minimum deposit requirement ($50). The broker also gives its clients the freedom to choose between three platforms (MetaTrader 4&5 and its proprietary platform powered by TradingView).
Acceptable Choice: The broker facilitates an environment where strategy followers and strategy providers can interact with each other. It is available in LiteForex’s copy trading environment through the “Investing” section on the website.
Not Recommended: LiteForex’s swap charges are average to high compared to the industry average, which is not good for the purpose of holding a position open for multiple days. Additionally, the broker has an extremely limited instruments offering.
Acceptable Choice: Even though its spreads exceed the industry average, there are some exceptions (FX Majors). The broker offers a standard suite of MetaTrader platform – the go-to for day traders. Additionally, the LiteForex proprietary platform has fluid and feature-rich charts from TradingView. Additionally, the broker offers actionable trading signals from third-party research providers.
Acceptable Choice: I measured LiteForex’s average execution speed at around 63 milliseconds, though much faster speeds are available with its VPS hosting. While the broker offers versatile platforms with features necessary for scalping, such as one-click trading and low timeframes, the above-average costs are a major obstacle for scalping.
Acceptable Choice: The broker offers actionable trading ideas and robust research content. LiteForex’s VPS offering affords low-latency trading. However, its above-average trading costs make it less than ideal for high-frequency trading.
Not Recommended: LiteForex provides VPS hosting on a subscription basis, enabling MT5 users to achieve fast execution speeds of under 2 milliseconds. However, it lacks FIX API for direct market access and does not support specialized software for programming trading strategies, like Capitalise.ai. Additionally, LiteForex’s trading fees are higher than average.
Not Recommended: LiteForex does not offer any dividends-paying instruments (e.g. real stocks), meaning that traders cannot build portfolios meant to increase in value in the future.
LiteForex stands out with its beginner-friendly services. The broker offers extensive supporting content, multilayered safety mechanisms, and fast but basic customer support. Its accounts are quite accessible with a low minimum deposit requirement of only $50, and at the same time, clients can choose from multiple supporting tools.
I performed my tests on a Classic trading account using the desktop versions of MetaTrader 5 and the broker’s proprietary platform. I also tested LiteForex’s proprietary mobile app. The account was opened with the broker’s Liteforex (Europe) Ltd entity. Some features and services may vary depending on where you reside and which entity you open an account with.
☑️ Regulations | CySEC (Cyprus) |
🗺 Supported Languages | English, Russian, Indonesian, Portuguese, Spanish, Malaysian |
💰 Products | Currencies, Indices, Commodities |
💵 Min Deposit | $50 |
💹 Max Leverage | 1:30 (CySEC) |
🖥 Trading Desk Type | STP, No dealing desk |
📊 Trading Platforms | MT5, MT4, Proprietary |
💳 Deposit Options | Wire Transfer, Skrill, Neteller, Credit Card |
💳 Withdrawal Options | Wire Transfer, Neteller, Skrill, Credit Card |
🤴 Demo Account | Yes |
🗓 Foundation Year | 2008 |
🌎 Headquarters Country | Cyprus |
LiteForex operates two brands. Liteforex (Europe) Ltd is regulated in Cyprus by CySEC, and LiteFinance Global LLC is unregulated. I discovered that the European entity of the broker adheres to all essential safety requirements, such as ensuring negative balance protection and a compensation scheme. The broker also has very tight margin call and stop-out policies.
Entity Features | Liteforex (Europe) Ltd | LiteFinance Global LLC |
Country/Region | Cyprus, Limassol | St. Vincent and the Grenadines, Kingstown |
Regulation | CySEC | Unregulated |
Tier | 1 | NA |
Segregated Funds | Yes | Yes |
Negative Balance Protection | Yes | Yes |
Compensation Scheme | Up to EUR 20,000 under ICF | No |
Maximum Leverage | 1:30 | 1:1000 |
In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
This is what I discovered about the two entities operating under the LiteForex trade name:
Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection.
Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders must familiarize themselves with the safety mechanisms ensured by the entity they want to open an account.
Here is what you need to be looking for in a broker in terms of safety mechanisms:
In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and the transparency of information provided.
I evaluated LiteForex as a transparent broker. Its license from CySEC is easily discoverable on the website, and traders can verify it fairly quickly. I also went over the broker’s legal documents and assessed that everything was in order. Its Client Agreement is exhaustive and written in easy-to-understand language.
I did not discover any major discrepancies, and all essential safety information is readily available. I also concluded that LiteForex is pretty upfront about its trading fees. Furthermore, the costs mentioned on the website match the live quotes on the platform.
I concluded that LiteForex can be considered as safe to trade with based on the following factors:
I assessed that spreads and swaps in the Classic account exceed the industry average. More competitive prices can be found on the raw spreads ECN account. Swap-free trading is available via the broker’s Islamic Accounts. LiteForex does not charge deposits or withdrawals.
I tested LiteForex’s spreads on 2 April 2024 during the London and the New York open. The results are shown in the table below:
Instrument | Live Spread AM | Live Spread PM | Industry Average |
EURUSD | 2.1 pips | 2.0 pips | 1.08 pips |
GBPJPY | 7.6 pips | 7.8 pips | 2.44 pips |
Gold (XAUUSD) | 77 pips | 70 pips | 42 pips |
Crude Oil | 0.09 pips | 0.11 pips | 0.03 pips |
Apple | Not Available | Not Available | 0.33 points |
Tesla | Not Available | Not Available | 0.50 points |
Dow Jones 30 | 6.1 basis points | 5.9 basis points | 3.3 basis points |
Germany 40 | 5.5 basis points | 5.5 basis points | 2.4 basis points |
Bitcoin | Not Available | Not Available | $35.5 |
Broken down by asset class and compared to the industry average, LiteForex charges high spreads on instruments across all asset classes for the Classic account. The raw spreads from 0.0 pips on the ECN account are much lower and generally fall below the industry average.
The table below shows the commission rate (round-turn) per traded lot on instruments from different asset classes:
Asset Class | Commission Rate |
FX Majors | $10 |
FX Minors | $30 |
FX Crosses | $20 |
Metals | $20 |
Energies | $0.5 |
Indices | $5 |
Generally, only the $10 commission on FX Majors falls below the industry average. Accordingly, the most favorable prices are available when trading FX majors on LiteForex’s ECN account type.
A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
The values listed below are for one full base currency contract (100,000 units).
Instrument | Swap Long | Swap Short |
EURUSD | Charge of $8.44 | Credit of $2.58 |
GBPJPY | Credit of $11.01 | Charge of $25.31 |
My findings indicate that the broker charges average-to-high swaps compared to the industry average. This combination is not particularly suitable for longer-term trading strategies (swing trading and position trading).
Dormant accounts are charged an inactivity fee of $3, which is quite low. Deposits and withdrawals are cost-free with LiteForex, though third-party banking fees may apply. This is only true for withdrawals, as the broker reimburses its clients for any processing fees incurred when depositing.
I have compiled the table below to help you better understand the difference between the trading fees of LiteForex’s two account types and the industry average. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large.
The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account.
To calculate the cost of such a full-sized trade, I used this formula: Spread x pip value+commission
Account Type* | Min. Deposit Requirement | Spread | Commission** | Net Cost |
Classic | $50 | 2.0 pips | $0 | $20 |
ECN | $50 | $0.0 | $10 | $10 |
Typical STP | NA | 1.2 pips | $0 | $12 |
Typical ECN | NA | 0.2 pips | $6 | $8 |
*The numbers in this chart are only illustrative and subject to change over time
**Round-turn commission
I discovered that LiteForex’s Classic account features trading costs that are nearly twice as high as the fees on the ECN account. The latter offers slightly more competitive prices than the typical STP account, but it falls behind the typical ECN account type.
LiteForex’s trading fees generally exceed the industry average. Its swaps are elevated and not particularly suitable for longer-term trading. The spread rate on the Classic account is considerably higher than the industry average. This is offset in the ECN account, which features raw spreads from 0.0 pips and varying commissions.
LiteForex incorporates a standard suite of the popular MetaTrader 4 and 5. It also has a proprietary platform with charts powered by TradingView. All the platforms can be used to carry out basic technical analysis and order execution. LiteForex also offers VPS hosting, which can be helpful for automated trading.
Platform/Tool | Suitable For |
MetaTrader 4 | Simple order execution, automated trading |
MetaTrader 5 | Simple order execution, automated trading, strategy testing |
LiteForex platform | Enhanced price action examination |
VPS Hosting | Low-latency trading |
In this review, I tested the MetaTrader 5 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and to exploit the underlying trading opportunities in multiple ways.
MT5 is arguably best suited for automated trading via its Expert Advisors (EAs) feature. The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. For low-latency algorithmic trading, clients of LiteForex can take advantage of the broker’s VPS offering, affording execution speeds of below 2 milliseconds.
MT5’s layout is pretty straightforward. Account info is displayed at the bottom of the screen; charts occupy the middle portion of the window; a watch list of selected instruments and tools screen is positioned on the left side of the window; and a panel with various settings and configurations can be found at the top of the window.
I consider the charts screen a platform’s most important feature. It facilitates technical analysis by providing an overview of price action behavior. Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles. In my experience, the really important aspect of a chart is how easy it is to scale price action up and down.
As shown above, the problem with MetaTrader is that the charts can be crowded quite easily, even when we add no more than 2 indicators. This obscures price action behavior and makes it more difficult to conduct probing technical analysis.
I have broken down the available analytical tools and chart configurations below:
I have broken down the available order types on the MetaTrader 5 platform below:
In my opinion, MT5 is a good option for fast and simple order execution. On the other hand, its dated and rugged design falls short compared to newer, sleeker platforms. As a trader who prioritizes flexible chart scaling, I find MT5’s charting capability too rigid and less effective.
LiteForex’s platform is much more fluid in comparison to MetaTrader, especially its charts, which are powered by TradingView.
Trading View offers advanced charting capabilities and multiple analytical tools for carrying out advanced technical analyses. As a chart artist, I have always valued platforms with detailed and versatile charts, and LiteForex’s platform is one such station.
Traders can access LiteForex’s copy trading environment from the ‘Investing’ section of the website. The performance of all the available trading strategies is presented in the ‘Traders Ranking’ subsection.
You can find ‘profitability,’ ‘lifespan,’ and ‘equity’ parameters that are especially important, allowing trader to understand the strategy’s performance over time. However, the ranking at LiteForex lacks ‘maximum dropdown’ and ‘average dropdown’, which are necessary for estimating the trading risk associated with each strategy.
LiteForex’s mobile app affords quick and easy access to the market on the go. It’s very useful for opening, terminating, and adjusting open positions.
The market is continually evolving, marked by periodic surges and declines in volatility. For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of LiteForex.
You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.
I found the app quite versatile and beginner-friendly. Most apps suffer from the same underlying problem – having to compress complex data on low-resolution devices, which usually makes it quite difficult to discern. But LiteForex’s app retains the web trader’s sophisticated look and feel. It is a great tool for making quick trading decisions, as it incorporates comprehensive research materials and tools.
LiteForex has an extremely limited instruments offering. While it provides a decent amount of forex pairs, commodities, and indices, there are no share CFDs, cryptocurrencies, or other lower-risk securities like ETFs and bonds.
Markets | Industry Average | Types | Contract Types |
56 Currency Pairs | 30 – 75 | Majors, Minors, Crosses | Spot |
6 Commodities | 5 – 10 | Metals and Energies | Spot |
11 Indices | 5 – 10 | Europe, US, UK, Asia, Other | Spot |
Compared to the industry average, LiteForex offers an average amount of forex pairs and commodities, and a high amount of indices. But the overall offering is pretty narrow.
Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.
For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.
Forex | Commodities |
EURUSD | GBPJPY | AUDCAD | GBPCHF | USDJPY | EURAUD | Gold | Crude Oil | Platinum | Palladium | Silver | Brent Oil |
Indices |
Nasdaq 100 | Japan 225 | Germany 30 | UK 100 | France 40 | Hong Kong 50 |
LiteForex’s instruments lack both scope and diversity. The broker offers 73 instruments in total, notably lacking any share CFDs and cryptocurrencies. On the one hand, the broker should be praised for offering plenty of minor forex pairs, such as USDTRY, USDMXN, and GBPSEK. However, it lacks any lower-risk securities.
I thus concluded that LiteForex’s instruments offering is mostly suited for day trading, but it cannot be used for hedging.
LiteForex offers multilingual support available 24/5 via live chat, email, and phone. Help is available in 8 languages. Agents respond fairly quickly to queries and have a basic understanding of LiteForex’s services.
Live Chat | Phone | |
24/5 from the website | +357-25-750-555 | support@liteforex.eu |
Available languages | English, Polish, German, Spanish, French, Russian, Portuguese, Italian |
When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
I conducted my customer support test on April 3 at around 10:15 a.m. CET via live chat. I inquired about the withdrawal fee, execution model, and commission policy.
An agent connected to the chat within seconds. Their responses were prompt but basic. The agent quickly answered the first and simplest question but appeared to struggle with more complex inquiries. Thus, I concluded that LiteForex’s customer support is good but could be improved.
LiteForex processes most payment requests between several minutes to several business days, depending on the chosen payment method. The broker does not charge deposits and even compensates the client for any third-party banking fees. LiteForex also does not charge a handling fee for withdrawals, but external fees may apply.
Payment Method | Currency | Fee | Processing Time |
Bank Wire | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | 2-5 business days |
Credit/Debit Card | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | Instant |
Skrill | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | Instant |
Neteller | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | Instant |
Payment Method | Currency | Fee | Processing Time |
Bank Wire | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | 2-5 business days |
Credit/Debit Card | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | 3-5 business days |
Skrill | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | Instant |
Neteller | EUR, USD, GBP, CHF, CAD, AUD, NZD, JPY | $0 | Instant |
To create an account with LiteForex, please follow these easy steps:
Account Types | Classic | ECN |
Spread From | From 2.0 pips | From 0.0 pips |
Commission* | $0 | $10 |
Minimum Deposit Requirement | $50 | $50 |
Base Currency | EUR, USD, GBP, PLN | EUR, USD, GBP, PLN |
Copy Trading | Yes | Yes |
Margin Call | 100% | 100% |
Stop Out | 50% | 50% |
Islamic Account | Yes | Yes |
Demo Account | Yes | Yes |
*Round-turn per traded lot (100,000 units)
The ECN account offers generally more favorable conditions, though traders should mind the commission rate. For forex majors, it is set at $10 per round turn. Coupled with its raw spreads starting from 0.0 pips, this combination on the ECN account is generally better than the industry average. However, the broker charges higher commission rates on instruments from other asset classes.
LiteForex offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account.
The broker also offers Islamic accounts for swap-free trading, as mandated under Shariah law. Traders who want to open an Islamic account need to contact LiteForex’s customer support and request the service.
The leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.
In the table below, I have listed the maximum retail leverage available with LiteForex for instruments from different asset classes:
Asset Class | Maximum Leverage |
Forex | 1:30 |
Metals | 1:20 |
Energies | 1:10 |
Indices | 1:20 |
Liteforex (Europe) Ltd provides services only to the residents of countries from the European Economic Area (EEA), the United Arab Emirates (UAE), and the Marshal Islands.
LiteForex offers robust research content catering to the needs of novices and experienced traders alike. The broker offers market breakdowns developed in-house and also incorporates content from Claws&Horns.
I have broken down LiteForex’s research materials by type below:
The analytics feed is incorporated from Claws&Horns. It is comprised of regular market updates that inform traders of currently unfolding trading setups. The content serves the function of a news screener. Each article consists of an economic breakdown and a technical setup supported by a chart.
Incorporated from Claws&Horns, the trading signals represent actionable trading opportunities. They cover instruments across different markets and use prominent indicators (Ichimoku, Bollinger, MACD, etc). Traders can use this type of content to get a sense of the prevailing market sentiment.
Market breakdowns developed in-house by LiteForex, and available from the website with free access to everybody. The market reviews are detailed and multifaceted containing aspects of economic analysis, fundamental analysis, and technical analysis. I appreciated that each article outlines emerging trading setups on multiple instruments.
Traders can use the built-in economic calendar, which is an essential tool in a trader’s arsenal. It informs traders of upcoming market events and releases that have the potential to stir price action, thereby creating viable trading opportunities.
The broker provides several proprietary calculators (including margin and Fibonacci) that traders can use to calculate various metrics, such as the required margin to execute a specific trade, risk factors, and profit potential.
LiteForex’s research content gives traders a multifaceted overview of the current state of the market and provides them with actionable trading signals. I concluded that the broker’s research content caters to the needs of day traders and swing traders.
LiteForex provides layered educational content that is well-structured and easy to understand. Beginners can choose from multiple guides, books, videos, and more to gain a firm grasp of the ABCs of trading.
I have broken down LiteForex’s educational content below:
LiteForex offers a collection of over 100 books covering a broad spectrum of topics related to trading, investing, leadership, and more. Essentially, the broker’s ebook collection acts as a library for traders seeking to explore a wide array of subjects connected to the market and trading world
LiteForex is a derivatives broker founded in 2008 and headquartered in Cyprus. It operates two brands: Liteforex (Europe) Ltd is authorized by CySEC and LiteFinance Global LLC is located offshore and unregulated.
The broker offers its proprietary platform with versatile charts from Trading View and also incorporates MetaTrader 4&5. Clients of LiteForex can also use its VPS offering for low-latency trading and engage in copy trading. Another advantage of LiteForex is its robust and extensive supporting content.
However, the broker generally charges high trading fees on its Standard account and provides extremely limited instrument offering of about 70 assets.
In my estimation, LiteForex is a good choice for those interested in casual trading. Namely, beginners with little or no trading experience are interested in learning more about trading and developing a robust trading system.
Headquarters Country | Cyprus |
Foundation Year | 2008 |
Regulations | CySEC (Cyprus) |
Publicly Traded | No |
Number Of Employees | 79 |
Trading Desk Type | STP, No dealing desk |
Trading Platforms | MT5, MT4, Proprietary |
Restricted Countries | Svalbard and Jan Mayen, Anguilla, Aland Islands, Christmas Island, Cocos Islands, Montserrat, Niue, United States, Japan, Russian Federation, Honduras, Egypt, Samoa, Algeria, Armenia, Bahamas, Bahrain, Barbados, Belarus, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Burkina Faso, Burundi, Cameroon, Canada, Cape Verde, Chad, China, Colombia, Costa Rica, Cote dIvoire, Croatia, Cuba, Djibouti, Dominica, Ecuador, Equatorial Guinea, Eritrea, Georgia, Gabon, Ghana, Jamaica, Jordan, Kazakhstan, Kenya, North Korea, South Korea, Kuwait, Kyrgyzstan, Lesotho, Guinea-Bissau, Guyana, Laos, Montenegro, Malaysia, Liberia, Sao Tome and Principe, Moldova, Namibia, Palau, Macedonia, Malawi, Maldives, Mali, Mauritania, Mexico, India, Micronesia, Morocco, Nepal, Nicaragua, New Zealand, Monaco, Indonesia, Niger, Nigeria, Oman, Papua New Guinea, Peru, Qatar, Gibraltar, Iran, Grenada, Guatemala, Guinea, Iraq, Rwanda, Democratic Republic of the Congo, Afghanistan, Curacao, Tonga, Guam, Cayman Islands, Swaziland, Bermuda, Suriname, Senegal, Zambia, Albania, Angola, Turkey, Timor-Leste, Australia, Paraguay, Cook Islands, Antigua and Barbuda, United Kingdom, Tunisia, New Caledonia, Andorra, Trinidad and Tobago, Kosovo, Northern Mariana Islands, Somalia, Puerto Rico, Togo, Argentina, Mongolia, Azerbaijan, Bangladesh, Macao, Uruguay, Turkmenistan, Solomon Islands, Venezuela, Switzerland, Yemen, Greenland, Tuvalu, Botswana, Brazil, Uganda, Syria, Seychelles, French Polynesia, Sierra Leone, Bonaire, Ukraine, Uzbekistan, Brunei, Cambodia, Central African Republic, Chile, Comoros, Dominican Republic, Saudi Arabia, Lebanon, Mayotte, Serbia, Madagascar, Aruba, Ethiopia, Taiwan, Fiji, Gambia, Panama, Israel, Singapore, Tajikistan, Mauritius, Vietnam, South Africa, Virgin Islands, British, Isle of Man, Guernsey, Tanzania, Kiribati, Libya, Mozambique, Myanmar, Pakistan, Philippines, Haiti, Hong Kong, South Sudan, Sri Lanka, Sudan, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Thailand, Zimbabwe, Faroe Islands, American Samoa |
Supported Languages | English, Russian, Indonesian, Portuguese, Spanish, Malaysian |
Min Deposit | $50 |
Max Leverage | 1:30 (CySEC) |
Deposit Options | Wire Transfer, Skrill, Neteller, Credit Card |
Withdrawal Options | Wire Transfer, Neteller, Skrill, Credit Card |
Time to Withdrawal | 3 |
Time to Open an Account | 1 |
Products | Currencies, Indices, Commodities |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | No |
Automated Trading | Yes |
API Trading | No |
Guaranteed Stop Loss | Yes |
Guaranteed Limit Orders | Yes |
Guaranteed Fills / Liquidity | Yes |
Economic calendar | Yes |
Trading From Chart | Yes |
One-Click Trading | Yes |
Expert Advisor | Yes |
Social Trading | Yes |
Autochartist | No |
Trading Signals | Yes |
Platform Languages | Italian, Portuguese, Chinese, Arabic, Turkish, Thai, Vietnamese, English, French, Farsi, Spanish, Russian, Malaysian, Indonesian |
24 Hours Support | Yes |
Support During Weekends | No |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | Yes |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | Yes |
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
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