Download MetaTrader 4 trading platform for your smartphone or computer and get access to the Forex market from wherever in the world. MetaTrader 4 is suited for all types of LiteFinance accounts. You can contact the support team to get help with a range of queries, from account registration and verification to copytrade services and forgotten investor passwords. Both accounts require a minimum deposit of $50, which is lower than other competitors such as FXTM and OctaFX. The minimum trade size is 0.01 lots, the margin call is 100%, and the stop out level is 50%. The non-EU entity, however, has been known to offer generous $100 welcome no deposit bonuses and dream draw contests.
Spreads & Commission
Choose a directory for installing the program and follow the installation program tips. DayTrading.com is committed to helping traders of xcritical reviews all levels make informed decisions about which broker to trade with. You can sign up for an account from the website home page, which will take you through the verification process. You will then receive your sign-in credentials so you can start trading. LiteForex (Europe) does not accept clients from the United States.
ECN account uses a commission-based system and charges $5 per lot. Spreads being usually low, greater profits come to the traders. An updated, technologically advanced service provider, the best trading opportunities are on offer.
Trading Platforms
The widest set of topical analytical materials of the Forex market 24 hours a day in your Android device. Download the Forex analytics mobile app and get access to the daily technical, fundamental and wave analysis, forecasts and reviews of macroeconomic indicators. Yes, traders on Lite Finance can use Expert Advisors (EAs) with the MT4 platform.
How to Buy Currencies via LiteForex Web Trading Platform?
EAs enable automated trading by executing predefined trading strategies, making it convenient for traders who wish to implement algorithmic approaches. LiteForex functions via MetaTrader 4, and MetaTrader 5, the cherished online forex and CFD trading platforms. Traders can choose between the Classic or ECN account at LiteForex Europe. The main difference between the two accounts is that tighter spreads come with the ECN option, plus scalping capabilities and access to the social trading platform.
According to personal preferences, the trader can decide in favor of desktop trading or mobile trading. Traders’ Tools of several kinds help safe and research trading to elevate profits and minimize losses—analytical tools aid technical and fundamental forex understanding. Compare the markets xcritical website and instruments offered by LiteForex Europe and its competitors.
Trading Hours
- Web users have the same access to real-time quotes, charting tools, and trading history directly from their browser.
- Spreads at LiteForex Europe are floating from 0 pips with the ECN account, though average spreads start from 4 pips for major pairs and 1 point for major indices.
- The file size will be small in the mobile app from the Android Google Play or iOS Apple store.
- Whether on Android or iOS devices, traders can use the MT4 mobile app to manage their trades, monitor the market, and execute orders from anywhere.
The installation file requires a directory for the program in Settings. Opening the account and processing the verification through documents is also free. Trading online can be done via MT4 and MT5 or directly from the browser without downloading any software. By offering numerous options for money deposits and withdrawals, updated technology keeps LiteForex Web Trading Platform ahead of the highly competitive broking industry. Spreads bring incomes to LiteForex and differ according to the nature of the account and type of traded asset.
Regarding the demo account used for lxcriticalg to trade, no charges are imposed, and it is free to use. The LiteForex web trading facility offers WebTrader software. Usually competitive, spreads can sometimes be high, like two pips.