Hi all! I’m new to LiteForex. Is it a must to open a demo account before going live?
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Hi all! I’m new to LiteForex. Is it a must to open a demo account before going live?
It's not a must in LiteForex (likewise in any forex broker).
But trading requires practice and it is highly recommended for beginners to start with the demo account first.
Thanks, and another question concerning ‘Bring your friend’ promotion. How will it work practically? In what way should I ‘bring’ this friend?
You are supposed to ‘bring’ your friend using your Trader’s Cabinet. It is possible to invite a friend to LiteForex by email from the Trader’s Cabinet. If this friend of yours opens an account and starts trading you receive the money.Quote:
Originally Posted by hightfight
You can find the details here: http://www.liteforex.org/part_fi.php
What will happen with the bonus if a Friend is unable to trade those 2.5 standard lots? how long will I be able to use a bonus?Quote:
Originally Posted by Shuvalov
A client’s friend is supposed to trade 2.5 standard lots until the end of the year. Otherwise a client will lose the bonus.Quote:
Originally Posted by hightfight
Is it a one time bonus or will I be able to receive some constant commission paid for each client’s trade?
This is a one time bonus. But we have an affiliate program called "Internet-Partner" and we pay 1 pip for each transaction made by an attracted client.Quote:
Originally Posted by hightfight
LiteForex and ОкРау: $5 as a gift for all the clients!
LiteForex company is glad to inform the clients about its decision to enlarge the set of payment systems and announces a new promotion launched jointly with ОкРау system.
On this significant occasion aimed to improve financial service, LiteForex company has decided to open a personal account in OkPay system with initial account balance of $5 for all its clients!
The information on the OkPay account will be sent to LiteForex’s clients to the e-mail address given when registering a trading account or a profile with the company.
All you need to do is open your mail-box and click on the link sent in the notification-letter in order to register in OkPay system and receive these $5.
You can use these funds at your own discretion. However, LiteForex company advises you to use them as initial capital when opening a trading account, since you’ll be given a considerable advantage: when depositing into your account via OkPay for the first time you’ll receive a bonus of 30% of the deposited sum, the maximum bonus amount constitutes $100.
Attachment 1118
LiteForex: comfortable work in a new trader’s cabinet
LiteForex announces the launch of a new version of a trader’s cabinet which was designed with respect to the wishes and working experience of our clients.
New trader’s cabinet combines a wide range of functions and an intensified potential of managing trading accounts. An enlarged number of payment methods and opening accounts in different currencies are added to a list of new possibilities. A redesigned interface makes your work easier and more comfortable. Redoubled safety provisions guarantee confidentiality and a multi level clients’ data protection.
The new trader’s cabinet will become accessible on September, 6 2010. Clicking on Trader’s Cabinet button on the official web site of LiteForex new clients can easily register and our regular guests can enter with their own login and password.
Attachment 1119
What is OkPay system and what can I do with 5 dollars they gave me?
LiteForex: a new indicator in the ForexTools set.
LiteForex group of companies is enlarging the list of the available technical analysis tools and offering its clients a new indicator where a price chart is based on the “noughts and crosses” representation.
Traders unfamiliar with this method are given theoretical information on the principles of the price representation with the help of noughts and crosses.
The indicator chart shows an expected result of trading by modifying existing bars and updating at every new tick. There are special sliders on the price chart which facilitate the perception of information on the price changes: by moving them you can follow more significant price changes.
The detailed information on the indicator parameters and settings as well as the installer and archived licences are available on the specialized forum of LiteForex group of companies in the set of tools ForexTools.
Let’s mention that LiteForex’s clients are offered the possibility to get the licence for this new software product free of charge.
Attachment 1130
Perfect Money payment system for LiteForex clients
For our clients to feel comfortable while executing financial transactions LiteForex adds a new method of electronic payment via Perfect Money system.
Perfect Money electronic system is a simple and reliable way of instant payment execution and funds depositing and withdrawal into and from a trading account.
The electronic payment system provides clients with a variety of possibilities and options. There are several ways of putting money on Perfect money account: via bank wire transfer, electronic money transfer or via partners’ exchange points. Depositing funds to the account is done with any kind of currency. Internal transfers fee is 0,5%.
Let’s notice that when depositing trading account via electronic payment systems LiteForex’s clients have to pay only internal commission of the system.
For more detailed information upon Perfect Money electronic payment please visit Trader’s Cabinet.
Attachment 1136
LiteForex’s multicurrency accounts: freedom of choice
LiteForex group of companies is offering the clients a new service – multicurrency accounts which can be opened in different currencies: roubles, Swiss francs, Euros or American dollars.
Multicurrency accounts will contribute to comfortable trading since they offer certain advantages if compared with dollar accounts. Keeping several trading accounts in different currencies at hand, a client can profit from any market situation, react promptly to currency fluctuations and make transactions on the chosen account.
By depositing into multicurrency accounts, you protect yourself from sharp currency movements. You can also freely convert one currency into another on certain accounts and thus determine the proportion as you want.
Along with the possibility of opening a multicurrency account with LiteForex, you are offered a wide range of company’s quality services.
Let’s mention that the range of LITEForex accounts has been also widened: micro-euro-accounts and micro-rouble-accounts enable you to test your trading strategy on respective currency pairs under real market conditions.
Multicurrency accounts represent an easy-in-use financial instrument which gives LiteForex’s clients freedom while managing their assets. You can open an account in a chosen currency in the Trader’s Cabinet.
Attachment 1137
Now LiteForex accounts can be W/D via Perfect Money. Will there be any bonuses connected with Perfect Money like it was with OkPay? Will we receive another 5 dollars?
Hello,Quote:
Originally Posted by Irochka19
Unfortunately, there are no additional bonuses connected with Perfect Money.
Agreed by the above said point about china but India is also emerging as a superpower and its strong economic growth can't be ignored at any point of time.
Hi! I used to have an account with ForexHunt. What I need to do to transfer funds into LiteForex?
Hello,Quote:
Originally Posted by Sintia
First you will need to open a trading account with LiteForex group of companies. Then you should apply to LiteForex Tech Support and be ready to present the following information:
• trading account number in LiteForex,
• trading account number in ForexHunt,
• e-mail address that you indicated when registering with ForexHunt,
• phone password of your ForexHunt account.
To transfer funds, please, close all the open positions on your ForexHunt account.
What will happen with the contests and promotions that ForexHunt used to run?
All the ForexHunt contest and promotions were closed. LiteForex now is preparing the new ones.Quote:
Originally Posted by Sintia
Nice surprise!
Proving the image of a stable and powerful company LiteForex is making the next step in developing the online-trading industry for beginners!
Participating in the Nice surprise promotion anyone can test one’s strength on the Forex market.
You have tried Demo and now are ready for something bigger? We’re here to help you!
All you have to do is open a cent account in the LiteForex company. And the account will be all set for trading containing 500 cents as an initial capital.
Now you’ve got what it takes to call yourself a Trader! The Real Market, the Live Account and what’s more important Big Profits are on your way.
http://www.liteforex.org/images/imgs/image/NICE.jpg
Promotion «30% from LiteForex»
Have you just registered a new trading account with LiteForex Group of Companies? Congratulations! Hurry up now and replenish your deposit! You have 24 hours and an excellent chance to increase your deposit amount by 30%! Take full advantage of the LiteForex bonus program which is available now.
Promotion «30% from LiteForex» was developed for clients willing to have better opportunities and facilities to gain higher profits. Would you like to take part? Welcome! You just need to open a new trading account and deposit money within 24 hours after registration. LiteForex Group of companies will automatically transfer bonus in the amount of 30% of the deposit to your account.
After 24 hours from the registration of a new account all subsequent replenishments comply with the standard conditions of the Promotion «20% from LiteForex».
Therefore hurry up to top up your new trading account and increase the bonus up to 30%!
LiteForex – «Best Foreign Exchange Retail Service Provider»
In the anniversary year of 2010 LiteForex group of companies participated in the international contest «FX & Treasury Management Awards», which is organized annually by the reputable British publishing agency European CEO.
According to the independent assessment of the expert committee and results of the vote conducted at the Journal official website www.europeanceo.com the trademark LiteForex won the nomination «Best Foreign Exchange Retail Service Provider».
Many years of experience in the field of the Forex industry and excellent service provided by LiteForex to its clients were estimated at a true value by the audience of the European CEO, which mainly consists of the world’s financial elite, heads and directors of major companies and corporations.
LiteForex group of companies management expresses great appreciation to you, for the trust in choosing our services. We owe such a magnificent reward mainly to you – our loyal clients and partners.
The first stock-exchange strategy game launched in Facebook social network
They’ve developed and launched recently the Facebook first stock-exchange strategy game.
The game is based on a gameplay completely new for economic strategies. To succeed in the Fair Exchange world a player will have to apply real trader’s skills: to exchange profitably resources, to study carefully the history of cross-rates and the news feed in order to predict further changes.
Trading process is simplified as much as possible, so that everyone could play the game and feel like a real trader!
The game is localized in English at the moment and is accessible to everyone at http://apps.facebook.com/fairexchange.
LiteForex’s new product: LiteForex prepaid card
LiteForex group of companies gives new opportunities to its customers offering them LiteForex prepaid Card, developed jointly with UWC Financial Services Ltd.
LiteForex Card is a new safe way to transfer funds immediately and make payments in more than one hundred countries worldwide, where the MasterCard ® sign is represented.
Customers of LiteForex group of companies can use LiteForex Card as a regular debit card. It should be noted that you don’t have to attach the card to a bank account, and credit checks are not required.
LiteForex Card holders will appreciate the main advantages of the card:
• No negative balance possibility;
• Weekly transaction limit of US $12,000
• No annual purchase limit
To apply for LiteForex Card you should log in to the Trader’s Cabinet and fill in the provided form. After you have familiarized yourself with the terms of an agreement, the card will be issued and mailed to the address specified in your request.
LiteForex Card holders can open a special account to maintain the card which is free and gives a possibility to request the card balance statement.
http://www.liteforex.org/images/imgs...8%D0%B7(1).jpg
Dreams come true with LiteForex!
LiteForex group of companies announces the launch of a new contest - http://www.liteforex.org/macpromo, the most active participants of the contest will be awarded with Apple Inc. products.
A trendy phone iPhone4, the best electronic device iPad 3G which can run thousands of applications and an ultrathin laptop, the Macbook Air, can become yours!
According to the participation conditions you just need to put LiteForex text banner onto your personal website.
Please note: the contest is temporary. Register right now and increase your winning chances!
http://www.liteforex.org/images/imgs/canvas1.jpg
Demo contests from LiteForex: LF IndexMaster
LiteForex group of companies offers you to choose LF indices for trading and make sure executing transactions using this trading instrument is profitable.
Prove you are an Expert of making benefits trading with LF indices! Take part in the LF IndexMaster contest - http://www.liteforex.org/contest_demo/index_master on a Demo account!
LF IndexMaster is a perfect way to test your trading strategy on LF indices so that later you could apply the strategy on a Real account using the funds LiteForex will credit on your account if you win the contest.
Let your LiteForex indices trading skills be highly appreciated!
http://www.liteforex.org/images/imgs/indexMaster1.jpg
Demo contests from LiteForex: LiteForex Fighting
Are you trading on a Demo account? Are you doing well so far? Do you want to participate in the fight to prove you are the best trader and show a high level of your analytical skills and knowledge of financial instruments?
LiteForex group of companies provides you with a perfect opportunity to demonstrate your professional skills of Forex market trading, take part in the on line competition and win real money.
The LiteForex Fighting contest - http://www.liteforex.org/contest_demo/fighting is the best way to prove that your trading strategy is profitable and receive real money prize deposited on your real trading account.
LiteForex group of companies chooses the time and place of the contest. You choose your trading instrument and fighting techniques!
http://www.liteforex.org/images/imgs/lf%20Fighting1.jpg
Hello Shuvalov,
I just wanna say that I always thought that LF is a great company. And I always have been pretty satisfied with the service your company has given. That’s why it was a surprise to find some of my trades being executed at the wrong prices. Hope that it’s just a mistake. What should we do to settle this situation?
Dear Andrea Johnson,Quote:
Originally Posted by Andrea Johnson
Thank you for your words about LiteForex. We are sorry to hear you are having problems of a technical character. In such cases it is better to contact our Tech Support Department directly to have their immediate assistance. LiteForex Tech Support live chat: https://siteheart.com/js/chat/chat.html?ent=22445
Once again sorry for the inconvenience.
1.5 points from each transaction in the MultiRebate system
LiteForex group of companies http://www.liteforex.org/ has implemented a revolutionary principle of spread reimbursement in a new MultiRebate system. The project puts into practice the reimbursement of maximum possible spread in the amount of 1.5 points from each transaction.
MultiRebate is a unique service as funds are accrued not only to the clients who conduct trading operations but also to partners.
Due to the advantageous proposal made by LiteForex, the task of attracting clients is becoming much easier. When a Partner becomes a member of the MultiRebate system, he significantly increases his referral base and earns much more money compared with working in the standard program. As soon as a referral logs in into the MultiRebate, instantly 0.4 points from each closed transaction are deposited to a partner’s account.
MultiRebate opens prospects for all market participants. Professional traders, who conduct a large number of transactions increase their income due to significant savings on spread; therefore, people who wish to have their own highly profitable business in the Forex-industry earn money by participating in our affiliate program.
You can find a detailed description of the new LiteForex service, logging into the MultiRebate site: http://multirebate.com/.
http://www.liteforex.org/images/imgs/multirebate.jpg
New winners
LiteForex Company Group is glad to congratulate the winners of the first running of the contest LiteForex Fighting http://www.liteforex.org/contest_demo/fighting, that have shown a high level of their analytical skills and knowledge of financial instruments.
As a reward for the successful trading the, winners of demo contest that was held on the 10th of November 2010 from 00.00 till 23.59 have been given real prize-money. Prize funds can be freely used in trading and withdrawn.
1st place: sasakor (1001042116) - 150$
2d place: udav (1001042708) - 100$
3d place: ulfah (1001042229) - 70$
4th place: Kolhoznik (1001040228) - 10$
5th place: ono8 (1001041959) - 50$
6th place: ejoi (1001043994) - 20$
7th place: happyman (1001043206) - 10$
8th place: zahraa (1001040967) - 10$
9th place: meysarosh (1001039464) - 10$
10th place: ltapelo (1001040344) - 10$
The contest LiteForex Fighting is held every week on Wednesdays from 00-00-00 till 23-59-59 according to the server time (GMT+2, indicated in the platform).
Everyone has a possibility to participate in the contest and get a high evaluation for their skills from LiteForex Group of Companies.
We choose the time and place of the contest. You choose your trading instrument and fighting techniques!
New winners
LiteForex Company Group is glad to congratulate the winners of the fird running of the contest LF IndexMaster (demo) http://www.liteforex.org/contest_demo/index_master, that have shown best results.
As a reward for the successful trading, seven winners of demo contest that was held on the 15th of November 2010 from 08.00 till 16.59 have been given real prize-money.
1st place: DeeJaVu 1001047707 - 100$
2d place: kimoha 1001047951 - 70$
3d place: utf 1001044171 - 50$
4th place: Roman 1001047885 - 10$
5th place: hama 1001046542 - 10$
6th place: cabor 1001046614 - 10$
7th place: zahraa 1001045467 - 10$
Everyone has a possibility to participate in the contest LF IndexMaster (demo) and get real prize-money.
I've been waiting for a long time to take part in the contest, but was afraid of losing. Demo contest is a great idea for beginners imho. I like it actually.
Christmas Marathon: Receive presents while trading at LiteForex!
It is a special pleasure to receive presents on Christmas and New Year Eve. In anticipation of the most wonderful and bright holiday, LiteForex group of companies is in a hurry to share moments of joy with its clients and to present nice gifts to them! We invite you to take part in the promotion “Christmas Marathon” http://www.liteforex.org/cristmas_marathone which will add better moments into the holiday’s bustle.
Only in the period from 22 November to 23 December 2010 LiteForex group of companies will award cash prizes for successful trading. You receive an excellent opportunity to become a holder of a valuable gift, increasing your trading deposit for conducting transactions.
The total prize fund of the promotion “Christmas Marathon” is $5000; it will be distributed among the winners – the owners of the accounts such as REALForex and LITEForex. 10 clients will be awarded in each class, those who will demonstrate the highest profit on their trade accounts during the promotion. Note, that the prize money of the promotion “Christmas Marathon” for “REALForex” accounts amounts to $4000.
Miracles happen at Christmas! Take part in the “Christmas Marathon” with LiteForex and have a good time to your own benefit!
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Prizes for demo contest LITEFOREX FIGHTING http://www.liteforex.org/contest_demo/fighting winners!
1st place: SamNN - 150$
2d place: amorozov - 100$
3d place: laguna - 70$
4th place: AleJet - 50$
5th place: iulian78 - 10$
6th place: udav - 10$
7th place: sakakolm - 10$
8th place: Maximus - 10$
9th place: MesumPips - 10$
10th place: brainiacfx - 10$
Participate and get prizes from LiteForex Group of Companies.
New winners!
Prizes for demo contest LF IndexMaster (demo) winners!
http://www.liteforex.org/contest_demo/index_master
1st place: marspajo 1001050549 - 100$
2d place: mamat 1001049226 - 70$
3d place: swiss 1001049350 - 50$
4th place: ditrader 1001048241 - 10$
5th place: dave2k3 1001050567 - 10$
6th place: tito 1001050945 - 10$
7th place: RV 1001050525 - 10$
Participate and get prizes from LiteForex Group of Companies http://www.liteforex.org/!
New winners!
The winners of the contect LF IndexMaster (demo) - 2010.11.22:
http://www.liteforex.org/contest_demo/index_master
1st place 100$: vipiu 1001052663 - 40104.33
2d place 70$: sersert 1001053084 - 33476.4
3d place 50$: nickola 1001053293 - 32922.2
4th place 10$: almax074 1001052696 - 28974.19
5th place 10$: busik 1001052628 - 25666.59
6th place 10$: rurik 1001052933 - 25599.81
7th place 10$: dimbash 1001053155 - 23513.52
Congratulations and prizes to the winners from LiteForex Group of Companies http://www.liteforex.org/!
Winners of LF IndexMaster (demo) November 25, 2010
We are very pleased to award the winners of the contest http://www.liteforex.org/contest_demo/index_master, who showed great skills in trading on the LF indexes:
1 место 100$: cabor 1001055850 - 33707.58
2 место 70$: Seenis 1001054170 - 25904.81
3 место 50$: swiss 1001056620 - 21477.34
4 место 10$: udav 1001056283 - 18234.89
5 место 10$: paxan 1001054632 - 17550.28
6 место 10$: Emmatrans 1001056606 - 16468.31
7 место 10$: liwan 1001056869 - 13994.7
Next demo conest http://www.liteforex.org/contest_demo/index_master will be held from 2010.11.29 08:00 to 2010.11.29 16:59
The winners of LF FIGHTING November 24, 2010
New winners of the contest http://www.liteforex.org/ru/contest_demo/fighting, who get the prizes for their successful trading.
1st place 150$: gagarin 1001052451 - 77980.6
2d place 100$: Julechka 1001053736 - 76547.18
3d place 70$: rurik 1001054754 - 73290
4th place 50$: Olimpius 1001053849 - 67573.2
5th place 10$: olyx 1001050789 - 50051.66
6th place 10$: ono8 1001055528 - 44140
7th place 10$: AleJet 1001055604 - 39350
8th place10$: Luba 1001054727 - 37600
9th place 10$: mum 1001051234 - 36444.7
10th place 10$: DoNMaFia 1001054831 - 34716.5
Everyone can participate and get the prizes!
New achievements with LiteForex
One week has passed since the promotion “Christmas Marathon” http://www.liteforex.org/cristmas_marathone started. The straightaway is still far, but LiteForex Group of Companies’ clients beat the records of profitability by now.
The results http://www.liteforex.org/cristmas_marathone/results of the promotion prove that the profit of more than 1000% of the initial deposit within such a short period is not a dream; the realization of such success is in your hands!
The promotion “Christmas Marathon” http://www.liteforex.org/cristmas_marathone is in full swing – join us and prove that it is exactly you who is the best trader. General recognition and prize money from LiteForex Group of Companies will become perfect addition to the earned profit.
LiteForex’s seminar in Nigeria: results and achievements
On the 13th of November 2010 LiteForex group of companies conducted its presentation in Lagos, Nigeria, under the aegis of International Forex Show Company LTD. That event aroused great interest of professional Forex participants and great deal of guests.
Within the framework of the presentation, LiteForex’s management and specialists held an informational seminar whose visitors were the representatives of Online Forex Traders Association of Nigeria (OFTAN), students of trading schools (NETOSHI FOREX TRAINING INSTITUTE - NFTI), leaders of banks and financial organizations.
The attention of the seminar’s visitors was drawn to LiteForex’s innovative project – the MultiRebate service http://multirebate.com/. Official program of the seminar proved to be useful and important for each participant. Interested visitors could familiarize themselves with full range of LiteForex’s services, receive professional advice of the company’s representatives, build up new partner relationship and discuss the current financial market situation. The amicable ambience of the seminar contributed to vivid dialogue: professional traders were sharing their personal experience and their own trading strategies with beginners.
The ceremony of awarding precious prizes to the winners of the Great Hundred regional contest crowned LiteForex’s presentation in the conference hall of Sheraton Lagos Hotel.
LiteForex group of companies received a prestigious award «Best Forex Broker in Nigeria 2010» http://www.liteforex.org/awards.php according to the result of its regional activity and independent assessment of Online Forex Traders Association of Nigeria (OFTAN).
I've used both LiteForex and FxOpen for 1 year. The connection is more stable at LiteForex than FxOpen.
The new winners LF IndexMaster - December 6, 2010
LiteForex Company Group congratulates the new winners who have shown the excellence in Index trading in the contest LF IndexMaster (demo) http://www.liteforex.org/contest_demo/index_master!
1st place 100$: skreolga 1001064551 - 50799.46
2d place 70$: Emmatrans 1001063682 - 40685.7
3d place 50$: dax 1001064639 - 36322.48
4th place 10$: pockchan2 1001063568 - 33853.33
5th place 10$: Starik 1001065163 - 33836.69
6th place 10$: nickola 1001065102 - 27548.33
7th place 10$: alexkz 1001064517 - 24896.56
Take part in the contests from LiteForex Company Group train your trading skills and get deserved prices!