Another broker of many bonuses, LiteForex is going to continue some if it’s trading contests commenced last year plus some new addition. Last year, it has offered the highest no deposit bonus of $200 without time constraint on completion of lots for withdrawal. By the end of 2011, it has also sponsored a forex forum called forexpeoples wherein you can earn capital for trading at the rate of 20 cents per post. You can find a lot of paying forex forums on this third party website.
LiteForex is a broker from Cyprus registered under the United States Patent and Trademark Office ans is a member of RAFMM. It offers 4types of accounts, 3 of which only require $10 bonus. The main instruments offered for trading are CFD, Indices, Currency and metals. It has been active on many forums running a lot of contests primarily posting contests. It also allows PAMM just like Instaforex, Dukascopy and Hotforex so that traders can make investments to other traders. By the launch of OKPay last 2010, it is one of the brokers that first used the said processor while offering no deposit bonuses for using the service; along with ForexCent and UWCFX. It is also one of the few brokers that accepts mobile payments through the payment processor especially designed for mobile transactions LiqPay (liquid payments, their newest innovation is the iPay terminal which allows you to swipe Visa and Mastercards on your mobile phone through a sophisticated key-like device called card reader).
Getting back to the trading contests by Liteforex for 2012, they are further divided into three categories: Live (Traders) Contests, Demo Contests, and the newest Regional Contests. Live Contests include Feel The Spread Contest and Trader’s Marathon Contest. Demo Contests consists Top10Forex Contest, Index Master Contest, and Fighting Contest.