LiteFinance

About LiteFinance

LiteFinance is an international broker founded in 2005 and based in Majuro, Marshall Islands, formerly known as LiteForex, offering forex and CFD trading with a low barrier to entry and built-in social and copy trading.

The broker operates from an offshore base and lists no tier-one regulator, so oversight is limited.

Trading is available on MetaTrader 4 and MetaTrader 5 as well as its own web and mobile terminals, covering forex, metals, commodities, indices, shares and crypto CFDs. ECN accounts offer raw spreads from around 0.0 pips plus commission, while classic accounts are commission-free with wider spreads, alongside a minimum lot size of 0.01. Leverage runs up to 1:500 depending on the entity and instrument.

LiteFinance may suit traders drawn to social and copy trading and a low entry cost, while accepting limited top-tier oversight and product depth that varies by region. It holds a FinPip rating of 3.6 out of 5.