Liteforex sri lanka
We are happy to share this success with our clients. Our mission is to pass on this value to as many people as possible. Sharing success with you, we increase it even more! Providing our clients with the best conditions is our way to fulfill the mission.
LiteForex group of companies is composed of highly qualified specialists that we have chosen from hundreds of applicants from all over the world. The unique products that we offer help realize any bold plans and ideas. So, the best conditions combined to enable our clients to achieve their own goals and make their cherished dreams come true.
Trying to reach the unreachable is our secret way of overcoming any difficulties. Being realists, we understand that only high goals can endow us with the power to reach them. The more profitable and stable the trading results are, the more investors will start copying the Trader, and the higher the income will be. The Trader is also allowed to share its trading successes and strategies via the chat room with other traders, create social channels with useful information, share the link to its profile with friends on social networks, or on specialised forums or forex blogs.
The Investor copies the trades of experienced traders, and if the outcome of a copied trade is profitable, a percentage of the profit is shared with the Trader, in the form of a commission. The commission percentage charged by the Trader, for copying its trading positions, is set by the Trader and displayed in the ranking details. The Investor can start copying the trades of more experienced traders, also in 3 easy steps: Register with LiteFinance: Open a live account with the broker, send the required documents to confirm the identity, and deposit funds into the account via any accepted method.
Investors can copy several traders at the same time — to do so, Investors just need to select them and start copying their profiles. Investors have 3 recommended copying strategies; full-size copying, copying a fixed size of each trade and copying a predefined percentage of each trade. Copying a fixed size of each trade implies that the volume of a trade copied onto the Investor's account is always identical to the pre-set volume in the copy settings.
For example, if the Investor sets a "copy fixed-size" of 0. Yes, traders living in Malaysia can open a live account and trade with LiteFinance. The broker has a dedicated web page for residents of Malaysia , where potential investors can check out the LiteFinance range of financial instruments, trading accounts and pricing. Investors from Malaysia can trade on all asset classes, including FX, stocks CFDs from the NYSE and Nasdaq exchanges, oil, precious metals and cryptocurrencies, and apply for a swap-free account only available for traders of Islamic belief.
If you are a resident of Malaysia and would like to trade with LiteFinance, click the button below to open a live account.
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SUPER TREND FOREX SYSTEM
The applications are compatible with both smart phones and tablets and operate very well. Pricing LiteForex is a zero commission trading brokerage and only charges trading fees through floating spreads on all types of trading accounts. The spreads are very competitive with the industry standards but are nothing extraordinarily low. On ECN trading accounts, traders will see floating spreads as low as 0. For classic trading accounts traders see average spreads of 1.
All of the same methods used to deposit funds can be used to withdraw funds. Deposits are free of charge and withdrawals are subject to withdrawal fees. As for withdrawals, the minimum withdrawal amount is not stated. See below, all of the available payment methods. Pay the meagre processing fee and get your firm registered. These regulatory authorities ensure that none of the clients is exposed to any fraudulent broker or activity and provides up to 20, euros insurance to every user account if the situation arises.
Overall, the safety of LiteForex is not at all serious because of the incomplete regulations. The customers are suggested to do their research before trading with this broker. We suggest that the traders should take their financials elsewhere.
Account Types: The broker offers three trading accounts. The ECN, the classic and a demo account. This means that the broker offers two accounts in total. The ECN and the claimed-Classic. One thing to be noted about ECN brokers is that they always have third party liquidity providers. After a point of time, these brokers start acting as the broker to the provider and not the trader.
Nonetheless, all the accounts clearly fail to fulfil the client requirements and have little or no offering as compared to other similar trading sites. The number of base currencies is less than 5, and the client will, for sure. Face difficulty in deposits and withdrawals.
The clients can also trade via a demo trading account, but the account is offered only for 30 days. Trading Platform: The broker forces the use of the MT4 to its clients, despite the fact that MT5 is already rolled out on the streets. Such older platforms have worthless indicators that fail to provide real indicators and trading tools that help trader access the market in a profitable manner while prohibiting them from making better profits.
There are limited signals, indicators, timeframes, charts, and technical analysers for users, and the results from the available tools might give inaccurate outcomes or predictions. Markets and Products: The broker has a very limited range of tradable instruments, and it limits the profit potential. The site fails to give a clear picture of tradable instruments that it offers CFDs on and not actual possession of assets.
It marks the total end of trust and transparency on the trading site for all the new users. Apart from it, there is no clear information on the leverage which is different for different countries. Account Opening: The account opening process is challenging and confusing and fails to clear the intent for taking information. The processing time for verifying accounts is much longer than other top trading brokers, and the user needs to wait for more than multiple days.
It can discourage professional users and waste newcomers time which would have been used for practice and learning. Commissions and Fee: The broker charges a very high commission and variable spreads. These spreads change as soon as the market does, in accordance with the broker.
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