What is Lite finance?

What is Lite finance?

LiteForex is a financial and investment company which is specialized in the Online Forex Trading services and placing of financial instruments on the Stock Markets, on precious metals and Futures markets.

Is LiteForex a trusted broker?

Yes, Liteforex is a safe broker for Malaysians to trade with. Although it is essentially unregulated, LiteForex segregates all client funds and provides traders with negative balance protection. LiteForex was founded in 2005, is headquartered in the Marshall Islands.

Is LiteForex regulated?

Regulation. LiteForex Europe Ltd is registered as a Cyprus Investment Firm (CIF) and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 093/08.

What is leverage in Forex?

Defining Leverage. Leverage involves borrowing a certain amount of the money needed to invest in something. In the case of forex, money is usually borrowed from a broker. Forex trading does offer high leverage in the sense that for an initial margin requirement, a trader can build up—and control—a huge amount of money.

Is Lite finance legit?

Is LiteFinance safe? Trading with LiteFinance is absolutely safe as the broker is officially registered and has a license to provide financial services. Apart from that, the most popular trading platform in the world, MetaTrader, is used for trading with LiteFinance.

Where is LiteForex located?

Limassol, Cyprus

LiteFinance Global is incorporated in St. Vincent & the Grenadines. The European entity of LiteForex is headquartered in Limassol, Cyprus, and is regulated by the Cyprus Securities and Exchange Commission (CySEC).

How long does it take to withdraw from LiteForex?

within 24 hours
How long does it take to withdraw from LightForex Broker? Liteforex offers an auto withdrawal, that traders can withdrawal funds within 24 hours via Skrill, perfect money, and Mastercard.

Who owns LiteForex?

Aleksey Smirnov –
Aleksey Smirnov – CEO – LiteForex Official | LinkedIn.

What leverage is good for $100?

Best Leverage for $100 Account
The best leverage a trader or an investor can use on their $100 account is 100:1, which allows one access to $10,000 worth of trading capital. For every $1 in your account, you can open a position worth $100.

How many lots can I trade with $1000?

0.02 lots
With $1000 on your account, you will be able to trade ($1000 * 0.02) 100,000 * 100 = 0.02 lots. This approach is not the best option for smaller accounts. It may happen that if you have a large loss, the risked percentage will be too small to act as a margin even for the smallest lot size.

Is LiteFinance regulated?

Liteforex (Europe) Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 093/08. The CySEC licence allows Liteforex (Europe) Ltd to offer online financial services in Europe according to the guidelines set out on the MiFID rules.

Can Exness be trusted?

Overall, Exness can be summarised as a trustworthy and regulated broker that is very competitive in terms of its trading fees. The spread is also very low with world-class education material and customer support.

What is the leverage in Liteforex?

Leverage liteforex
The maximum of leverage in classic liteforex account is 1:30, that means with investing €1,000, you can trade with €30,000 in financial market. Also note that, traders usually described the leverage as a “double-edged sword”.

Is Liteforex regulated in South Africa?

MT4/MT5 platform supported. LiteForex is regulated by CySEC.
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Our verdict on LiteForex.

How old is LiteForex?

LiteForex has a long operating history of 17 years. According to the company’s LinkedIn page, the global entity is based in the Marshall Islands and has 51-200 employees.

When was LiteForex founded?

2005
Our company was founded in 2005 to make the Forex market accessible, safe, easy and profitable for you anywhere in the world. The company LiteForex Investments Limited registered in the Marshall Islands under the number 63888 and regulated by the Marshall Islands Business Corporation Act.

How much money do day traders with $10000 accounts make per day on average?

Day traders get a wide variety of results that largely depend on the amount of capital they can risk, and their skill at managing that money. If you have a trading account of $10,000, a good day might bring in a five percent gain, or $500.

Which lot size is better for beginners?

Micro Lot. A micro lot is 1% of a standard lot (100 000 x 0.01) = 1 000 units of a base currency. Therefore, when you open a trade with a 0.01 lot, you will trade 1 micro lot. Micro lots are the smallest tradable lot available to most brokers and are a good starting point for beginners.

Is LiteFinance a regulated broker?

LiteFinance is regulated by CySEC 093/08 (only LiteForex (Europe) Limited www.liteforex.eu). A regulated broker equals a more responsible trading environment.

Is LiteFinance an ECN broker?

LiteForex) is a high-tech reliable ECN broker with a strong reputation. Our clients can exploit a safe user-friendly online platform for high-speed trading available in 15 global languages and providing access to a great deal of in-built tools for price chart analysis.

Which country owns Exness?

B2B Only: Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12.

Is Exness allowed in USA?

Exness welcomes traders from all over the world. America is not an exception. If you are an American resident, you can open an account at Exness just like every other forex trader from all countries. However, the fact that Exness does accept US clients doesn’t mean that broker is suitable for American traders.

What leverage is good for $50?

The best leverage for a trading account with a balance of $50 is 100:1, considered the best by expert and professional traders.

How long does it take to withdraw from Liteforex?