LiteForex: A stable and client-orientated group of companies

e-Forex talks to Alexey Smirnov, President of LiteForex group of companies, the FX brokerage division of the Straighthold Investment Group, which operates in a variety of international financial markets.

First Published: e-Forex Magazine 41 / Retail e-FX Client / October, 2010

Alexey,  LiteForex commenced operations in 2005 and your FX brokerage division was a pioneer in offering accounts that permitted very small transaction sizes. Why has your technology proved so popular with traders? Indeed we were the first to offer clients a cent account service. It was LiteForex’s innovation and later many dealing centres have supported our initiative. We think the main reason why this kind of service became so popular is that it lifted the restrictions on entering the market. We made Forex accessible. LiteForex has now opened representative offices all over the world. What type of customers are now using your trading services? Today more than 240,000 traders continue to be LiteForex’s clients and hundreds of new ones throughout the world choose our company every day. Among our clients you can find people of all ages and professions. We are particularly proud of the clients who have been working with us since the day LiteForex was founded. They started trading on...continued

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