Automatic money withdrawals from Forex within 24 hours

LiteForex provides the Client with an opportunity to use two automatic withdrawals within 24 hours for a total amount not more than $100 (or equivalent in another currency), provided that the client profile is completely verified.

Similarly, Is LiteForex regulated in Nigeria?


Liteforex is not regulated by any major regulatory authority except CySEC

. The spreads and Commission are high. The commission for each capital market is different. Customer support through the live chat window is slow.



Liteforex – a quick look.

Broker Name Liteforex Nigeria
Regulation CySEC, Marshall Islands

Additionally, How do I withdraw money from Invest Lite? Withdrawals can be made from InvestLite via credit/debit cards and bank wire transfer.

Is LiteForex a regulated broker?

LiteForex Investments Limited is a regulated Forex & CFD broker offering the MT4 & MT5 trading platforms. LiteForex Investments Limited is a regulated Forex & CFD broker offering the MT4 & MT5 trading platforms.

How do I verify LiteForex?


To have yourself verified, you need to:

  1. Attach a colour copy of your ID (passport, driver’s license) with the following information: Photo, full name, birth date and ID number. …
  2. Confirm your address. …
  3. Enter a code that will be sent to the phone number specified in your profile.

Is LiteForex legal?

Yes, Liteforex is a safe broker for Malaysians to trade with. Although it is essentially unregulated, LiteForex segregates all client funds and provides traders with negative balance protection.

Is MBA Forex registered with CBN?

“Mr Chairman, may we also bring to your knowledge that at a press conference unveiling MBA trading & capital investment ‘Bare to Blue Banquet’ that was held in Lagos on 16th and 17th of August 2019, the CEO of MBA, Maxwell Odum warned Nigerians not to see forex trading as gambling, saying MBA Forex and Capital

How do I trade in LiteForex?


How to start LiteForex copy trade?

  1. Register on the copy trading platform;
  2. Choose a trader in the Copy section using the multi-functional ranking;
  3. Top up the account;
  4. Set parameters and start copying a chosen trader.

Is it safe to invest in InvestLite?

InvestLite trading base

Step into the financial world with a trustworthy broker by your side. Transparent trading conditions, no commissions on deposit, high security of your personal information, and financial transactions.

Is HotForex a trusted broker?

Founded in 2010, HotForex is regulated in one tier-1 jurisdiction and three tier-2 jurisdictions, making it a safe broker (average-risk) for forex and CFDs trading. … HotForex’s pricing is slightly better than the industry average; however, pricing still trails low-cost leaders such as CMC Markets and IG.

Is OctaFX trusted?

Is OctaFX Safe? OctaFX is considered high-risk, with an overall Trust Score of 61 out of 99. OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

How do I open a LiteForex demo account?

You can register in Forex demo contests from LiteForex in your personal Client Profile or complete the registration form to be found on the page of a Forex contest for demo accounts. Once the registration process is completed, a contest demo-account with a start-up deposit of 10,000 units will be opened for you.

How old is LiteForex?

Here’s a brief account of LiteForex’s development since its founding in 2005. We were the first to create the cent accounts service with the lowest deposit of as little as $1. This unprecedented step made Forex available to hundreds of thousands of clients and changed the history of the Forex market’s development.

Does LiteForex have cent account?

It’s true, LiteForex introduced the “cent account” in 2005 and since then it has become a common practice in the Forex industry. The account type is called “Lite” Account and the minimum deposit requirement is only $1, with a recommended deposit of $50.

Where is LiteForex located?

LiteForex is a global forex and CFD broker located in the Marshall Islands.

Is MBA trading and capital investment registered with SEC?

The Commission wishes to inform the general public that MBA Capital and Trading Limited has never been registered by the Commission. … A list of registered capital market operators is available on the Commission’s website (https://sec.gov.ng/cmos/).

Is Omegapro registered with SEC?

But Omegapro has no license whatsoever. It is based in Saint Vincent and the Grenadines and it is not authorized as an investment service anywhere in the world. Among other things, it means that clients’ deposits are not insured. So, when one day money from Omegapro accounts disappear, there will be no refunds.

Is AddyFX registered?

Update April 2021. AddyFX got a new name – AddyFinance & Investment Limited – and got registered with the SEC in Nigeria.

Can you invest in Netflix?

Can I buy Netflix, Inc shares in South Africa? Yes, you can.

Can you invest in Amazon?

How to buy or invest in Amazon shares. You can buy Amazon shares from zero commission with us. You can do this by either investing in the shares directly or by derivatives trading.

What is CFD Trading?

A contract for differences (CFD) is a financial contract that pays the differences in the settlement price between the open and closing trades. CFDs essentially allow investors to trade the direction of securities over the very short-term and are especially popular in FX and commodities products.

Is HotForex a good broker for beginners?

Hotforex is a reliable broker as per my one year trading experience. I haven’t had any issues while trading with their mt4 platform. It is easier to navigate. The overall services are great and this broker is recommended.

Who owns HotForex?

HotForex and HF Markets are unified brand names of the HF Markets Group: HF Markets (SV) Ltd incorporated in St. Vincent & the Grenadine as an International Business Company with the registration number 22747 IBC 2015.

How long does HotForex deposit take?

Fund your account

Options Max. Deposit Amount Deposit Time
Bank Transfers
Unlimited
2 to 7 Business Days
10,000 USD Up to 10 minutes
Credit/Debit Cards