Brokers  /  LiteForex

LiteForex

Moderate risk
🇨🇾 Cyprus · 5-10 years · since 2017-09-13 · Liteforex (Europe) LTD
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Independent ratingshow third parties score this broker
WikiFX4.89/10
Trustpilot/5
Forex Peace Army/5
26
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~43% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameLiteforex (Europe) LTD
Headquarters🇨🇾 Cyprus
Founded2017-09-13
Years operating5-10 years
Employees0
Official websiteliteforex.com
Trading conditions
Avg execution speed222.5 ms AAA
Avg slippage2.5 D
Swap ratingD
Trading cost ratingB
Monitored traders1,311
Monitored orders7,736
Funding & instruments
Deposit methods4 · Neteller, Skrill, VISA
Withdrawal methods4 · VISA, Skrill, Neteller
Instruments--
Registered address
30 Spyrou Kyprianou, 1st Floor, Germasogeia, 4040, Limassol, Cyprus

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECForex Execution License (STP)093/08CyprusRegulated

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
CLASSIC--$50from 2.0--
ECN--$50from 0.0From 5$ per lot

Review analysis AI

Across 23 recent Trustpilot reviews, 57% are 1–2 star. The single most common complaint is being unable to withdraw funds (10 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Thailand8
India6
Netherlands3
Malaysia2
Indonesia2
Japan1

Real user reviews

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About LiteForex

LiteForex is a forex and CFD broker based in Cyprus, with records dating to 2017-09-13. It reports oversight from CYSEC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full LiteForex review