LiteForex- Any better broker then them?

Broker Discussion
1

Have been using them for some months.

  • I really like their spreads but their commission seems high (on a lot of 0.01 they charge 0.15usd to 0.20usd apprx per trade)

What do you think ?
Should I move and find another broker ?
Give suggestion.

2

Wow, you’ve resurrected this broker from the ashes. Yes, you should find another, there was a bad reputation that swept them under the rug. Try checking Oanda, Tenkofx or Hotforex, they’ve been good for years. Also, they have lower spreads

1 Like
3

right now broker choosing a difficult task , we should keep focus on review in FPA about the brokerage. its my personal suggestion , dont take it personally anyone.

4

Am really struggling to make sense regarding spreads.
Just now as am writing few examples from my MT4
XM-
USDCHF- Spread 20
GBPUSD- Spread 24
EURUSD- Spread 17

HOTFOREX-
USDCHF- Spread 20
GBPUSD- Spread 17
EURUSD- Spread 11

LITEFOREX- (Look how tight their spread are)
USDCHF- Spread 3
GBPUSD- Spread 2
EURUSD- Spread 1

TICKMILL- (Also their spreads are good)
USDCHF- Spread 2
GBPUSD- Spread 1
EURUSD- Spread 1

I just cant understand, how come theres so much hype regarding XM that they have the lowest spreads and stuff ?