Lite Forex Pro Review
With its rich experience in financial markets and deep expertise in providing excellent services to retail traders, Lite Forex Pro has managed to stay among the best providers in the FX industry for a long time. The Forex market is evaluated at $2.4 quadrillion and has the potential to grow even bigger with more and more countries joining the market and bringing their retail traders to the mix.
Pros and cons of Lite Forex Pro
Several important advantages make this particular firm stand out from the dense crowd of competitors:
- Quick customer support;
- Diverse financial instruments;
- Favorable trading terms;
- Lots of great investment products;
- Quick and reliable banking.
While these apparent benefits make it a great choice for anyone, there are a couple of distinct disadvantages that we have to mention:
- Withdrawals can be delayed by up to 5 business days;
- The support team can be overwhelmed on weekends;
- The terminal lacks some crucial indicators.
Financial instruments at Lite Forex Pro
The broker provides access to a diverse catalog of derivatives based on numerous assets including currency pairs, commodities, stocks, indices, and even cryptocurrencies. Whether you want to trade aggressively and use strategies like scalping or prefer a slow and steady approach, the broker will have something that suits your requirements.
The trading terminal at Lite Forex Pro
The feature-rich native terminal on this trading platform is packed with interesting functionality such as technical indicators, graphical tools, special features, and more. You will be able to place customized orders in one click, create order templates, and analyze the market without ever leaving Lite Forex Pro’s platform.
Many retail traders prefer using specialized programs and may opt for other terminals with a more diverse selection of automated analytical solutions, but the native terminal is more than enough for the vast majority of FX traders.
Customer support at Lite Forex Pro
One thing that often separates good service from an excellent one is the quality of its customer support. The contemporary world wide web is so complicated that various issues affecting user experience regularly pop up here and there creating minor issues that can be resolved only with assistance from support specialists.
The broker has a trained team that usually responds to user inquiries within a minute and can successfully solve your issues with the web platform.
Banking options at Lite Forex Pro
When it comes to making deposits or withdrawing earnings, Lite Forex Pro’s selection of payment methods is more than sufficient to satisfy any user.
Here are some payment methods that you can use:
- Payment systems like Skrill, Neteller, and Payoneer are often the most convenient way to pay for many online shoppers and freelancing specialists.
- Cryptocurrency payments may be accepted depending on a plethora of factors. Consult with the support system about whether you can pay with BTC or USDT.
- Wire transfers are great when you are only concerned with safety and reliability. Such transactions are usually used for withdrawals.
- Debit cards are the best if you need to receive funds instantly to avoid a margin call. It is the most convenient method for most traders.
Testimonials about Lite Forex Pro
User reviews are mostly positive and paint a really good image of the trading platform. People praise Lite Forex Pro for quick support, reliable banking, diverse financial products, and favorable trading conditions facilitating profitable investments.
The mobile app by Lite Forex Pro
Over 96% of surveyed retail FX traders say that they are using mobile phones to manage investments and handle financial operations. It means that a company that does not have a functional mobile app will provide subpar service to its clientele. Lite Forex Pro has a very good application that provides the same functionality as the website.
The verdict
Whether you want to build passive income with investment products or want to start trading in the FX market, Lite Forex Pro will have something exciting to offer. It is a broker with a great reputation and a large catalog of financial services that will catch your attention!