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LiteForex is a foreign exchange broker. Lite Forex provides top platforms for foreign exchange trading on MT4 and MT5. LiteForex.com provides more than 50 foreign exchange currency pairs, CFD, stock index, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.
The identity of the broker owner has been hidden. There is a valid reason for this, because spammers use this information to send emails to broker owners. Unfortunately, this also makes it difficult to identify the owner. If the broker does show his true identity, we prefer it. We found that the markup on this broker is expected to be a simple way to make money. Our experience is that high-return investment opportunities may also have very high-r...
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BIG SCAM!!!!!Don`t pay my profit!!! my account is 412235VERY BAD BROKERCanceled PROFIT orders on ECN accounts!!!Stay away from this scammers
I made the first deposit of 50000USD on 23rd March, and then I found that the transaction conditions were not good, so I decided to withdraw the money immediately. Then I received a call from the LITEFOREX sales manager and he asked how I could continue to trade with them. They offered 70% rebate and swap free trading accounts, so I started trading. At first I lost, then I continue to deposit 50000 USD on 19th April and another 50000 USD on 27th April, a total of 150000 dollars. After that, I started to make profit by predicting the market direction correctly. So I began to make some withdrawals: 20000 USD on 4th May, 30000 USD on 9th May, and 50000 USD on 14th May. All of these withdrawals were successful, but after that all the withdrawals were rejected. From 21st May, they said they needed to check My trading accounts. During this time, I tried to communicate with LITEFOREX for multiple times, but every time they just responded perfunctorily and delayed the withdrawals. Until 6th June 2018, they closed my accounts, as well as client backstage without informing me and without providing me any reasons! Two accounts have a total 677,303 USD balance!!After they closed my backstage and trading accounts, they sent a letter to induce me to make a video record claiming that I used their swap free accounts to hedging with another platform for arbitrage. But I did not do this, and it was impossible to admit it. They were trying to collect this evidence from me and accuse me of violating their terms and conditions, and then they will be able to keep my money. This is really an unacceptable scam!! From the beginning, the company was very nice and friendly, and the rebate was paid to the accounts regularly. However, all their purpose is to induce me to trade and deposit more, and later they refused to give my money back when I make profit!!I guarantee that all my transaction was made under conditions and terms, and every holding time period was from a few hours to a few days without any platform loopholes. It’s not ethical that our profit is not given because the profit we gain by predicting correct market direction is all under regulations.FOREX traders all over the world should see clearly the real face of LIFEFOREX and stop being victimized. We are determined to take any actions to get our money back!!
The more my MT4 account grows, the more my Take profits settings get manipulated and close trades with losses. LiteForex are not to be trusted. I am fed up with their scams.
I have an account with liteforex and I traded few days after that I made a withdrawal of 222 euros but they haven't processed till date first they said withdrawal process is 3 days now 6th day is running but they not processed my withdrawal and they not responded in live chat also
They have been a very good broker their promotional events and customer service is one of the best.