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If you trade the forex markets regularly, chances are that a lot of your trading is of the short-term variety; i. From my experience, there is one major flaw with this type of trading: h igh-speed computers and algorithms will spot these patterns faster than you ever will. When I initially started trading, my strategy was similar to that of many short-term traders. That is, analyze the technicals to decide on a long or short position or even no position in the absence of a clear trendand then wait for the all-important breakout, i. I can't tell you how many times I would open a position after a breakout, only for the price to move back in the opposite direction - with my stop loss closing me out of the trade. More often than not, the traders who make the money are those who are adept at anticipating such a breakout before it happens.

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Forex Training Guide A complete set of necessary information on every aspect of the market from trading basics to comprehensive analysis Go to the Forex Training Guide. Open a trading account Get access to highly liquid NDD trading with no requotes, unbeatable trading conditions, negative balance protection and market execution.

Highly competitive spreads and numerous trading instruments. Go to the list of instruments. A variety of payment systems for fast depositing and withdrawal of funds. View all. Daily analytical reviews and forecasts of the Forex market. Company's news World stock market holidays: June Verify information and beware of fraudsters!

World stock market holidays: May Happy Easter World stock market holidays: April Trading hours for some instruments to be changed from 13th up to 27th of March For a client to be able to execute trades, he or she will need to sign up for a trading account. They will need to sign up using their valid details in email addresses among other valid credentials. Lite Forex review has various account types that are specially designed to meet the individual tastes of its clients.

The account types are the demo account, the classic account, and the ECN account. The demo account is the account type that is meant for traders who do not know how to trade. This account type will serve as a learning tool for such traders who will be able to execute trades while at it. The trades are simulated and the funds will also be virtual as the key is to teach those who do not know of the concept. The classic account is designed for experienced traders or traders who are willing to stake more into trading.

The account is flexible and will serve all traders equally both novice and experienced. Its many features are as follows. The ECN account is an account type for experienced and professional traders who want to use the social trading service. This account utilizes the ECN technology in offering its services. Its features are:. Lite Forex has been in business for over a decade and it has much to show for this time.

It has its headquarters in Cyprus but due to its resiliency over the years and the expertise gained, it has managed to spread its influence to other counties as well. This growth has led to revisiting of its strategies and modifying them. This can be seen in the presence of social trading, crypto trading and also its Islamic trading to comply with the sharia law of its Muslim clients.

This coupled with good customer service courtesy of its personnel have made it a big force in the forex sector. Lite Forex is a very credible company that has the right documentation in licenses in the regions it runs its operations.

This licenses come from the regulatory bodies in these regions and govern how the company is operated. Among the measures put up include:. The trading platforms that Lite Forex uses are among the best with technological advancements as well as awesome features to boot. This enhances the traders experience while executing trades. The platforms are the Meta trader4, the Meta trader5, and mobile phone platform. This is another advanced platform that will allow you to trade hassle-free.

Its features are. In a bid to tap into the ever-growing mobile phone sector, Lite Forex has a mobile phone platform that will enable a client to execute trades from the comfort of their phones. This is a downloadable platform that I available for both ios devices and Android operated devices. It is simple to use and lightweight meaning it won't take much of your device's space on download. Lite Forex offers flexible withdrawal and deposit methods that will match your convenience.

Among the accepted modes include the use of bank cards such as Visa and MasterCard, bankwire transfers, electronic transfers, and cryptocurrencies. This is a very legitimate trader that is totally focused on a great customer experience. Lite Forex customer comments and reviews prove how much this broker is trusted and credible. This is a recommendable trader for any experienced trader. Advantages: Availability of several types of partner programs with the construction of a multi-level system and with cashback Automatic refund of payment system commissions when depositing and withdrawing money.

Disadvantages: There is no information about how the risk level is assigned to traders from the SocialTrading rating. Comment: LiteForex is a broker that is more suitable for those who already have basic trading skills, professional traders and those who are interested in passive investing.

I was looking for a broker where you can choose from a variety of payment instruments. LiteForex is fine with this, there are a whole bunch of payment systems. Comment: Hello everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible. Comment: I have been trading cryptocurrency pairs with this broker since last fall.

I often open long-term trades, I was surprised that all my trades were restored when I requsted them, a good indicator for a broker, they care about their clients. It will take place on 6 June , before the Dear clients,We are happy to announce the opening of LiteFinance's new office in Morocco. The company's clients can now visit our regional office and consult with the managers. The office will also be a venue for regular train Calling all the partners of LiteForex!

Wanna test your trading skills and win cash prizes? Join the biggest draw in the industry and win a dream house, a SUV, or any of the 18 latest gadgets! Risk Warning: Your capital is at risk. Invest in capital that is willing to expose such risks.

Website: www. Real account. LiteForex Review 3. Real account Demo account. Deposit Withdrawal. LiteForex general information Founded in: year Headquarters:. LiteForex Traders' Reviews. LiteForex Forex broker description Lite Forex was conceived in with a major aim of making it the best by focusing on small-scale traders.

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