very slow feed

[B]Email From LiteForex [/B]
I receive email from LiteForex on 19 August 2011 regarding the account blocking & initial deposit refund as described in following section.

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[I]We've found out that IP address was used to create multiple different Client Profiles which is a direct
violation of p. 5.14 of Public Offer Agreement "The Client acknowledges that he/she is entitled to
register only one profile in the Client's Cabinet. Company's policy does not allow a person and
juridical entity to have multiple profiles.". Also, we are obliged inform you, that you had violated the
term of affiliate agreement:
1.8 Neither a Partner nor his relatives or any Partner’s affiliated entities may act as Referral. If any
data intersections (such as passport details, address, phone number, e-mail, IP-addresses or other)
are detected, a Referral’s account will be excluded from a Partner’s client list and commission will
not be paid for such account. Accounts operated from the same IP-address are considered as a
single active account. Due these facts your account's will be blocked for trading, but you will be able
to withdraw all your initial deposits.
Profile [email]c.y.wong.digi@gmail.com[/email] was deposited on EUR 58570,9, withdrawed EUR 53 198.16 so you
can withdraw now EUR 5372,74.
Profile [email]syking@gmail.com[/email] was deposited on EUR 57 408, withdrawed EUR 50 036 so you can
dithdraw now EUR 7372.[/I]
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[B]Regulation 1 – Public Offer Agreement P.5.14 [/B]
Refer to Page 5 of terms-of-use.pdf

P.5.14. The Client acknowledges that he/she is entitled to register only one profile in the Client's
Cabinet. Company's policy does not allow a person and juridical entity to have multiple profiles.

I disagree with LiteForex claims on above violation. I only have 1 verified account [email]c.y.wong.digi@gmail.com[/email]. I have confirmed with [B]Natalya Zhaminova (Accounts Manager)[/B] that I only have one verified profile with LiteForex. Based on following Regulation P.5.9, I would like LiteForex to provide me evidence/server log file to show me that I have multiple verified account. Based on P.5.9. In the event of disagreement concerning the state of the Client's account, parties will review records of Client's operations in the server's log-file.

[B]Regulation 2 – “INTERNET-PARTNER” PROGRAM PUBLIC OFFER AGREEMENT P.1.8[/B]
Refer to [url=http://www.liteforexpartner.com/programms/partnership_agreement]Forex Affiliate Agreement | LiteForexPartner[/url]

Based on P.1.8 Neither a Partner nor his relatives or any Partner’s affiliated entities may act as Referral.
If any data intersections (such as passport details, address, phone number, e-mail, IP-addresses or
other) are detected, a Referral’s account will be excluded from a Partner’s client list and commission
will not be paid for such account. Accounts operated from the same IP-address are considered as a
single active account.

Based on the above regulation P.1.8, LiteForex should not take my profit as I do not participate
affiliate program. In what circumstances that LiteForex think my profile related to [email]syking@gmail.com[/email]
that I considered violate above regulation. I do not sign this “INTERNET-PARNTER” Program Public
Offer Agreement & LiteForex has no autohority to claim that I violate above regulations.
The relation between Wang Suyun and I (Wong Cheng Yee) is friend. We are neither partner nor
relatives. [B][B]Sharing IP address[/B] is very common in Singapore[/B]. From here, I want to declare that I am
Wong Cheng Yee with Passport number is A17746000 and I am from Malaysia, Suyun Wang is from
P.R.China. We are 2 different persons.

[B]No Regulation to Take My Profit[/B]
I have gone through all the signed agreement with LiteForex. There is no single regulation that
LiteForex has permission to take my profit. LiteForex does not provide me with sufficient evident
to prove that I have violate their regulation. I do not violate any regulations & LiteForex has no
authority to block my account & only refund me with initial deposit.

[B]Account Blocking[/B]
LiteForex has blocked my trading account 106299 & 111172 without advance notice.

[B]Balance Of My Active Account [/B]
Balance of Trading Account 106299 - [B]4372.86 EUR[/B]
Balance of Trading Account 111172 [B]16, 647.12 EUR[/B]
Total Balance(106299 + 111172) - [B]21, 019.98 EUR[/B]
LiteForex Initial Deposit Refund - [B]5, 372.74 EUR[/B]
[B]Full Refund (Intial Deposit + Profit) [B]21, 019.98 EUR[/B][/B]
LiteForex should refund (Full Refund = Initial Deposit + Profit) [B]21, 019.98 EUR[/B] to me.

multirabate accounts just rocks! servers are down from time to time but every single issue during that period resolving nice and easy. Customer service should learn better english. Depositing is instant! Nice supprise bonus actions all the time.

fast deposit, fast withdraw
sometimes requotes but ok!

Recommended for newbie. You will learn a good lesson while trading in forex with this broker. Invest your $10 and see how the market reflects your trading orders. Requotes, Slippage a few pips, Stop Loss Hunting, etc are common policy in market maker brokers. I do not prefer this broker for long term trading. They are reliable but not good for big amount of investment because they are not registered to any well known Regulated Authority.

Pros: this broker is great for learning and testing. Instead of trading on demo accounts for months, open a lite account with $100 and get used to real market feelings. Real money, requotes, slippage, order execution. Also great for testing new systems or EAs.

Cons: Only accounts in Dollar (at least for lite accounts), not the best spreads and some server timeouts occured. At the end, I had many requotes.