LiteForex broker regulations

Yani Anggara Aug 20 2020
How come Liteforex doesn't have a license from Bappebti? Is it safe for Indonesian traders? Thank you
0 4

Liteforex Indonesia Aug 20 2020
For now, Liteforex has not been regulated by Bappebti because it is a foreign broker; Liteforex has existed from 2005 until today with regulations from Europe.

Liteforex (Europe) Limited is registered as a Cyprus Investment Firm (CIF) with the registration number HE230122 and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 093/08 by Markets in Financial Instruments Directive (MiFID). All retail client funds are insured by the Investor Compensation Fund (subject to eligibility).



Thank you, Regards

Liteforex Indonesia
Rokhim Sep 30 2020
Getting a Bappebti license isn't everything. I'm sorry, but many local brokers are rotten, even though they already have Bappebti permission.

More LiteFinance Testimonials

LiteFinance Review

LiteForex is one of the pioneers of Cent accounts in forex trading. This broker frees traders from deposit fees and provides a social trading platform for clients who want to join as signal providers or investors. More

Other Testimonials

Trading with FBS FBS Dec 23, 2023
Transparent and trusted MARKETS4YOU Sep 14, 2023
Good educational material is key! MARKETS4YOU Sep 2, 2023
Tons of stuff to do FBS Aug 28, 2023
Great leverage policy FBS Aug 15, 2023
Recommended! Exness Aug 10, 2023
Thrilled Exness Aug 3, 2023

Disclaimer