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111096, china, China
Rating:
No Rating
Date of Post:
2012-04-28
Review:
liteforex process the other client'withdrawal 2012.04.15.but dont' process my withdrawal 2012.04.11,it is such a ridiculous company.i want to know who will get his money at other forex brokers over 18days,i am sure the company are losing most of their client because of the delay of withdrawal.
2012-04-28 No Rating my account id is 111096,i withdraw 18days ago,but 27th i still not get my money,do you intend to pay me at 2013?
Mashiur Rahman, Asia, Bangladesh
Rating:
Date of Post:
2012-04-25
Review:
I don't thing they are very good company to trade with. Specially if you invest your hard earned money. They are really very suspicious. I have withdrawn my money 20-04-2012. Now it is 26-04-2012. It has not received yet. I have withdrawn a little amount of money. And when I contacted with they just told like trained parrot just wait sir recently there so much orders in queue ...bla.. bla... bla. I mean this ridiculous. If you need more than I week to withdraw your money than you should be honest in your terms and conditions paper. Why you say that it takes 2 or 3 working days when in 5 working days I have not received my money.
Rebuttal:
Added by Sergei Shuvalov on 2012-04-27 05:25
We initiated an additional check of your withdrawal request because your actions were suspecious: you created several profiles, which is directly prohibited by the rules and you tried to hunt bonuses. That is why the withdrawal time was more than 3 days, which in your case is fully in line with LiteForex Public Offer Agreement (see p. 4.3)
liqing, china, China
Rating:
Date of Post:
2012-04-24
Review:
Dear support,
I have submitted a withdrawal request via LR 10 days ago ,That is 2012.04.15 . But I still have not received the money. Please help to check it?
My account number is MT4-R-90524
The details of my withdrawal is as follows:
2012.04.15 12:45 balance WDRW-LR-214359: USD 390.00 -390.00
thank you .
Comment:
Added by Sergei Shuvalov on 2012-04-27 05:13
Hello,
You withdrawal has been already processed. Sorry for the dealy.
Sidi, , Kenya
Rating:
Date of Post:
2012-04-17
Review:
Well Besnik is generally right (although I sense he is a little angry), of late however withdrawals are taking longer, usually between 5 - 6 days and I agree with everyone who has said this before, if the withdrawal is going to take this long please be honest about it and just tell us, if you mention the 2-3 days thing, then people will obviously panic when they haven't received their funds on the 4th day, still on this matter I have to say the support staff especially the live chat are really helpful and on two occasions they have even sent me messages on the platform to inform me when my funds were available. On requotes, I agree it was bad a couple of months ago but of lately haven't really had a problem with that.
2011-09-15 4Star I agree with Eric, the have been a good trader, I have been trading with them for about eight months now, and have made quite a few withdrawals and till now not had any problems, the few times I have had a problem I simply communicated with the live chat and with in the hour it was always sorted. The only real complaint I would have would be the requotes, however if you are a good enough trader and know how to use the robotics then even this shouldn't be a problem for you.
Besnik-1762***, Prague, Czech Republic
Rating:
Date of Post:
2012-04-14
Review:
OK Lest be f****** honest here. I been using Liteforex over 2 years now. Never i had problems with requoting. Never had problem with Withdraw. Usualy my money is in my money booker account within 10 f***** minutes. The best so far. Try other fxcd etoro forex.com etc etc try to get a wthdraw like that.
The problem here liteforex allows u to open account as low as 10 dollars. People who trade starting 10 dollars dont know nothing about forex hence blaming the broker is the solution. It take years to learn forex. If you trade to win 1 pip then you are not trading.
Do you homework ! Learn how to trade stop bull**** around about liteforex. I highly recomend this broker. I had 3 other brokers before fxcm forex.com etoro and another shity one 500plus all sucked. The first 2 i could even put a trade because of requoting.
Stop blaming this broker give fair reviews.
My account: 146584. I have request a small number of withdrawal (100usd) since april 5 via LR. But until now still no money in my LR account. I have contact the person in charge, but he said only about late and security issue.
I think liteforex should consider about customer conveniences, if they said about three days for withdrawal, it is a promise. except you expect me for fraud, you have to flush the money as you promise on time.
We dont care about your internal problem, and doing business like this is very bad for your reputation.
maxiscom, , Malaysia
Rating:
Date of Post:
2012-04-06
Review:
they're sucks as hell!! this company should be named requoteforex rather than liteforex if u know what i mean...remember there are many other forex brokers which is better just dont go with this one really bad not recommended
Rebuttal:
Added by Sergei Shuvalov on 2012-04-10 11:25
Thousands of traders trade with LiteForex every day. Most of them are satisfied with our level of service. If someone gets in trouble, he/she contacts the support and asks to solve the problem. That's how the system works.
Usually when a person wants to solve the problem he/she provides some information, with which he/she can be identified (such as account number for example). Of course if he/she does want to solve the problem.
But if the only aim is to leave a negative comment, no informaton is provided. We perfectly know that there are a lot of our competitors who try to do harm to LiteForex's reputation leaving negative reviews on public forums. That's why I've been asking many times to be more specific and to provide some details that could help to tell a real trader from a paid forum poster. maxicom, have you provided ANY details? Not surprised...
As for requotes, I admit that there used to be a period when there used to be a lot of technical problems connected with requotes. But this time has gone away. Most of the clients enjoy high execution speed and if someone bad happens a client gets a quick help.
By the way, recently we've launched a new STP accounts. There are no requotes at all...
Ayodeji akinroluyo, Basseterre, Saint Kitts and Nevis
Rating:
Date of Post:
2012-04-05
Review:
liteforex is a scam as far as i'm concerned. they look for ways of cheating customers.When they see you're making money, then they start talking about one article somewhere.I've been their client for about three years now and i've always traded with the same strategy,mostly news trading.Sometimes I profit but most of the time,I lose money but I persisted with my strategy.
Recently,i made money from my trades and now liteforex brought out a condition(article 7.3),and they classified my trades as illegal and reduced my balance and also my credit bonus.I wonder why they didn't classify my trades as illegal when I lost money and return my funds.I've heard and seen terrible reviews about them but I stuck with them but now I think I've learnt my lesson.
I implore anybody planning on opening an account with them to think twice as they're very deceptive.SCAMMERS!
Comment:
Added by Sergei Shuvalov on 2012-04-10 11:00
It's a very strange reaction. Point 7.3 is not a secret at all. We've spoken about it countless times.
fp, china, China
Rating:
No Rating
Date of Post:
2012-03-29
Review:
i withdraw at 22th march,but at 29th i still not receive my fund ,i never meet such situation at any other forexbrokers,they are fraud ,please don't trade at liteforex.if they don't give me my fund i will expose them
every day,if my withdarw is over ten business days ,i will cancel my account at liteforx and never trade at liteforex.
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Disclaimer and Risk Warning. Please read.
Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Disclaimer All information posted on this website is of our opinion and the opinion of our visitors, and may not reflect the truth. Please use your own good judgment and seek advice from a qualified consultant, before believing and accepting any information posted on this website. We also reserve the right to remove, edit, move or close any post for any reason.
Advertisements Warning Advertisement links are displayed throughout the site. Some pages in the site may contain affiliate links for products. These advertisements and/or links do not reflect the opinion, endorsement, or concurrence of this website or affiliated parties. The FPA's reviews are never influenced by advertising. Some ads might contain potentially misleading and/or unbalanced claims and information that may fail to disclose risks and other important considerations involved in speculative trading.
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