LiteForex (liteforex.org) review and spreads

By admin, May 20, 2010 11:55 pm

LiteForex group of companies is a reliable stable and dynamically developing popular company delivering various spectrums of services to trade in financial and stock markets. The company boasts of its services by offering the “cents accounts”, which means that the minimum deposit is $1. The sign up procedures are easy and straightforward with a simple verification process. The account will be activated within a short period of time.
Security features offered to the customers are very good, so people do not get their account scammed easily. The server is reasonably fast and MetaTrader Platform is used to trade. They offer very tight spreads starting from 2. The disappointing factor is that there are constant requites and at cases very slow executions. With the MetaTrader 4’s auto-hedging technology, a trader can trade dominating the others in the field. Competitive interest income is offered for the balance amount, which is not involved in trading. Thus, this is a double bonanza for the traders.
A rigid adherence to the laws, guidelines and regulation is followed to avoid swindle in any form. With the availability of automatic system, quick withdrawal and processing request is done in no time! The customer support offered is live 24/5 round the clock.

Sample spreads table

SYMBOL           BID/ASK
AUD/USD         0.8136 / 0.8139
EUR/USD         1.2523 / 1.2525
GBP/USD         1.4377 / 1.438
NZD/USD         0.6656 / 0.6659
USD/CAD         1.0718 / 1.0721
USD/CHF         1.1499 / 1.1502
USD/JPY         89.82 / 89.84
AUD/CAD         0.8718 / 0.8727
AUD/CHF         0.9351 / 0.9365
AUD/JPY         73.08 / 73.12
AUD/NZD         1.221 / 1.2239
CAD/CHF         1.0725 / 1.0732
CAD/JPY         83.77 / 83.86
CHF/JPY         78.1 / 78.15
EUR/AUD         1.5386 / 1.5397
EUR/CHF         1.4401 / 1.4405

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