LiteForex started operating in 2005 and since then, it has been a regional broker with branches all over the world. Their head office is based in the Marshall Islands, where it runs global broker services, while the Cypriot Office manages the European brokerage operation. The company currently has offices in Iran, Indonesia, Vietnam, Nigeria, Nicaragua, India, Kyrgyzstan, and the Philippines. The EU office is located in Limassol, Cyprus.
LiteForex offers currency, stocks, commodities, indices, and cryptocurrencies. In addition to the standard market-making process, they have an ECN brokerage platform. As a consequence, the company delivers small spreads and pays fees for other sales. Trades are performed automatically without re-quotes.
LiteForex has 300 new accounts per day and 500,000 clients from all across the world. Their website is also readily accessible in 15 languages.
Benefits of LiteForex
Customers who are already involved in trading with LiteForex might be aware of its benefits for their customers. The company’s brokerage is limited in some of the countries. They have been working actively in the trade market and brokerage business for the past 13 years. This is the reason why customers trust them. It has its branches spread all around the world, and some of them are open for more localized access. LiteForex also provides an option for web trading. Plus, they also offer multiple payment options that include six cryptocurrencies.