LiteFinance is a revolutionary foreign exchange brokerage company that was founded in 2005 and initially registered as a Marshall Islands brokerage before later expanding operations to other countries across the world.
The company has established itself as a leader in the field of online trading by providing customers with "cent accounts," which need a minimum investment of only one dollar before trading can begin.
In spite of the fact that they were initially created in the Marshall Islands, their headquarters are now located in Kenya, India, Myanmar, the Philippines, Ghana, Nicaragua, Indonesia, Vietnam, and Iran.
Because the foreign exchange (FX) and contract for difference (CFD) broker was dead set on making the engine of the mobile app quicker and more efficient than in earlier iterations, it has published its new trading software for Android, which can be downloaded from Google Play.
"This mobile trading software will be as valuable to you as the desktop version, providing you with technical indicators and graphical analytical tools," claims the broker who is registered in St. Vincent and the Grenadines and holds a license from CySEC.
LiteFinance, formerly known as LiteForex, was founded in 2005 and now has its headquarters in Cyprus. The Liteforex (Europe) Ltd brand is regulated by CySEC in Cyprus, where LiteFinance also has its offices. In addition to this, the company maintains a branch in the offshore location of St. Vincent and the Grenadines, which has fewer stringent regulatory requirements.
Chats, One-Click Trading, and Copy Trading are some of the 190 Trading Tools available.
The LiteFinance app provides users with access to more than 190 trading tools, market and pending orders, one-click trading, six distinct chart styles, nine timeframes, built-in indicators, copy trading with professional traders, built-in traders' chats, and analytical channels.
N. B.- LiteFinance offers 30% + 15% non-stop deposit bonus with tight regulation. Why are you still holding out for? Ensure your bonus fast.
On Google Play, consumers have the option to download either the old or new version of the LiteFinance mobile app; nevertheless, the broker recommends that users get the most recent version available.
LiteFinance provides its customers with a single mobile app that, when combined, contains all of the necessary components of a fully operational trading platform. You may manage the balances in your accounts and make daily withdrawals of up to $3,000 automatically.
Trade using the positions that experienced traders have set up in your account, and mirror their trades. If you have any questions at all, feel free to get in touch with the LiteFinance customer support staff at any time.
Chat with other traders and access built-in analytical channels to get the most up-to-date information on the financial market "the broker said in the statement that they issued.
Late in 2017, LiteForex transitioned to operating under the brand name LiteFinance. The company's new corporate identity, which also completes its ongoing transition to having a diverse and seemingly arbitrary list of assets, is a reflection of the company's increased focus on multi-asset offerings rather than being a forex-only broker. This focus is reflected in the company's shift away from being a forex-only broker.
"As a result of reorganizing our company, we plan to extend the scope of our offerings and become licensed to operate in additional jurisdictions. In addition, we would like to bring to your attention that the customers and employees of the broker who were there at the beginning of the restructuring process will not be affected in any way by it.
According to a statement released by the company, even after we change our brand name, we are committed to continuing to provide you with superior services.
The company informed its clients that beginning on November 8, LiteFinance Global, a limited liability company registered in Saint Vincent and the Grenadines, will be responsible for servicing their accounts. This action marks the beginning of the development strategy the company will use to obtain licenses in additional jurisdictions.
The company stated that the reorganization process will not have an effect on either newly acquired or currently held clientele in any way. On November 8, 2021, "LiteForex Investments Limited transfers all duties and commitments to LiteFinance Global LLC," according to the terms of the agreement.
Regulation
The Marshall Islands Business Corporation Act is the primary piece of legislation that LiteFinance is subject to for regulation, with the license number to63888. LiteFinance is initially based in the Marshall Islands.
After some time had passed, throughout the process of the brokerage's global expansion, the company decided to get itself regulated by one of the most stringent regulatory authorities in Cyprus.
You were right, as you suspected!
It's the Cyprus Securities and Exchange Commission, or CySEC for short.
Because of this (Commission), therefore, you have the general concept. If you are interested in investing in LiteFinance, then you should go ahead and do so without giving any consideration to the safety of your funds.
You won't be let down in any way!
Trading platforms on their own are more than sufficient to establish the status of a brokerage. Keeping this in mind, LiteFinance Ltd. is proud to offer two of the most innovative and cutting-edge trading platforms available at this moment, and they are as follows:
Let's face it!
We are not even making this up; everyone is aware of how the MT4 and MT5 platforms function in live trading environments.
There are concrete pieces of evidence that support this assertion.
Additionally, you will be able to use them on both Windows and Mac, and you will be able to do so simultaneously on both platforms. In addition, the web trading platform is fairly good due to the fact that it can be significantly customized and provides a great deal of functionality.
Despite all of this, the trading systems provide a variety of tools, like magnified charts, patterns, trade indicators, an economic calendar, 20+ timeframes, and a great deal more
