LiteForex

LiteForex

LiteFinance
XM

XM

XM Group
+
+

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About

Forex is the international currency market that allows you to earn from the difference in exchange rate fluctuations, but it is not suitable for all investors. Please familiarize yourself with the basic concepts and first try trading on a demo account. Regularly updated and carefully selected learning materials and Forex strategies, described by professional traders. Exchange rate fluctuations on Forex are happening continuously and the quotes are changing every second, which gives traders an opportunity to make a large number of speculative transactions in a short time. In our trading blog for beginners you can find professional articles and researches that will help you to learn the basics of trading and start conquering financial markets. All materials have been created by practicing LiteForex traders with extensive trading experience. Here you will find overviews of trading strategies and indicators, useful tips and advice on money management.

About

XM Group is an internationally established trading and investment firm, with over 20 million clients, from over 190 countries. Armed with multiple international licenses, XM offers competitive services for retail traders, investors, and affiliates. With over 15 years of serving clients, XM has proven to be fair, trustworthy, and dependable. Traders can access over 1,400 instruments on more than 10 platforms, including the XM App. The award-winning broker is known for low-cost accounts, excellent support, and outstanding live education.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Forex Trading platform for traders interested in currency exchange

Audience

Institutions, organizations and individuals searching for a solution to trade over 1400 different instruments

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 4.7 / 5
ease 4.7 / 5
features 4.7 / 5
design 4.7 / 5
support 4.7 / 5

Pros & Cons from Real Users

Pros

  • Wanted to diversify fund and try new things like copy trading on xm. I felt like i was choosing some shares with ther own performance. I could win rate drawdowns and pick to invest.
  • Speed mattered to me much and they delivered. Orders got filled without rejections, payments approved automatically.
  • Ultra low account spreads of course. Professional support, not just bots. Useful features to find on the web platform.
  • It was nice having spreads below 1 pip and at sertain times close to 0.4-0.5 pips. Very important for my trading strategy, focused on forex scalping.
  • The user interface is highly intuitive, features fast navigation speeds, provides precise automated charting via TradingView that works well.

Cons

  • Some of them thou had very high fees up to 50%. But the average was around 25% which was also not low.
  • Wasn’t fun of their web traders really… Charting is top-tier, but indicators and tools are limited. Not a fan of MT platforms either.
  • No bonus on ultra low accounts. Not much payment methods. No local options.
  • Unfortunately, they don’t offer any bonuses on this account. It was sad, because it would serve as additional motivation for me.
  • The desktop version takes a bit long for the to synchronize on launch. Idk, maybe my laptop is getting old :/

Training

Documentation Not Supported
Webinars Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

LiteFinance
Founded: 2005
Marshall Islands
www.liteforex.com

Company Information

XM Group
www.xm.com

Alternatives

Alternatives

Vantage

Vantage

Vantage Markets
IUX

IUX

IUX

Categories

Forex Trading Supported

Categories

Currency Exchange Supported
Forex Trading Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
Claim LiteForex and update features and information
Claim LiteForex and update features and information
Claim XM and update features and information
Claim XM and update features and information