LiteFinance launches new mobile app on Google Play

Rick Steves

The mobile app allows users to trade and copy professional traders’ positions and gain access to trading chat rooms.

LiteFinance

LiteFinance has launched its new Android trading app, available on Google Play, as the FX and CFD broker was determined to update the mobile app’s engine in order to be faster and more productive than the previous versions.

“This mobile trading app will be as functional as the desktop version, providing you with technical indicators and graphical analysis tools”, said the broker registered in St. Vincent & the Grenadines, which also holds a license from CySEC.

‎Founded in 2005, LiteFinance – formerly known as LiteForex – is domiciled in Cyprus where its Liteforex (Europe) Ltd brand is regulated by CySEC. It also maintains an offshore branch in St. Vincent & the Grenadines which is subject to a looser regulatory regime.

190 trading tools, one-click, chats, and copy trading

The LiteFinance app features more than 190 trading tools, market and pending orders, one-click trading, six types of chart and nine timeframes, built-in indicators, copy-trading with pro traders, and built-in traders’ chats and analytical channels.

Users can download both the old and the new version of LiteFinance’s mobile app on Google Play, but the broker recommends users install the latest one.

“LiteFinance clients can use all the main functions of a fully-developed trading platform in all-in-one mobile app. Top up and manage your accounts and withdraw automatically up to $3,000 a day! Trade and copy professional traders’ positions in your account. If you have any questions, just get in touch with LiteFinance support team 24/7. Chat with traders and find the latest financial news in built-in analytical channels”, the broker said in a statement.

From LiteForex to LiteFinance

Late last year, LiteForex rebranded to LiteFinance. The new corporate identity reflects the company’s greater focus on a multi-asset offering rather than being a forex-only broker and ‎also completes its ongoing transformation to having a diverse and quite random set of ‎assets.‎

“Restructuring our company, we aim to get licenses in new jurisdictions and thus develop our services further. Also, we would like to mention that the restructuring process will in no way affect our existing or new clients as the broker’s founders and team remain the same. We will continue to provide you high-class services under a new brand name,” the company said in a statement.

The company informed clients that from November 8, their accounts would be serviced by LiteFinance Global, a limited liability company registered in Saint Vincent and the Grenadines, as part of its development strategy aimed at getting licenses in new jurisdictions.

The restructuring process in no way affects existing or new clients, the firm added. “All the obligations and commitments of LiteForex Investments Limited pass to the LiteFinance Global LLC from 8 November 2021.”

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