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Licence record

LiteForex: MFSA licence 093/08

Issuing authority
Malta Financial Services Authority
Jurisdiction
Mongolia
Licence type
Market Making(MM)

This is Wikilix's record of a licence issued by Malta Financial Services Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Sep 7, 2026

Licence Verification Record

Malta Financial Services Authority 093/08

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
Liteforex (Europe) LTD
Issuing authority
Malta Financial Services Authority
Jurisdiction
Mongolia
Licence type
Market Making(MM)

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/liteforex/licenses/malta-financial-services-authority/093-08Fields on file 2 / 11

Open LiteForexAll LiteForex licencesAbout MFSA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
Mongolia
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
093/08
Licence type (Wikilix classification)
Market Making(MM)
The authority

About MFSA

Malta Financial Services Authority is the authority that issued this licence, and the jurisdiction it applies in is Mongolia.

Full name
Malta Financial Services Authority
Jurisdiction
Mongolia
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2002
Oversight
A government or statutory body
Firms we track under it
158 firms
Regulates
forex, bond, Stocks, Derivatives, Loa
Licences it issues
Investment Services Licence (Cat 2/3)
Typical cost of a licence
€50000-100000
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

MFSA's own rules for the firms it authorises.

  • Compensation schemeUp to €20000 (ICF)
  • Negative balance protection
  • Complaints routeMFSA Complaints Office
  • Maximum leverage1:30
This describes the authority's regime, not how LiteForex applies it.
The holder

Who holds this licence

The licence above is recorded against LiteForex. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Liteforex (Europe) LTD
Based in
Mongolia
Wikilix score
48.6the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • Liteforex (Europe) LTDMongolia · Reg. HE230122 · May 28, 2008
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
LiteForex prohibits clients from the USA, North Korea, Iran, and other sanctioned countries from opening accounts. The broker operates globally but excludes these jurisdictions in compliance with regulatory and sanction requirements.
Yes LiteForex (LiteFinance) does require KYC verification.
The minimum deposit at LiteForex is $50 USD. Clients can fund their accounts using various methods including bank wire transfer, Visa and MasterCard, Neteller, Skrill, Perfect Money, cryptocurrencies, M-Pesa, and WebMoney. Most payment methods have no deposit or withdrawal fees, and processing times vary from instant to a few days depending on the method.
LiteForex provides access to MetaTrader 4 and MetaTrader 5 platforms, both available as desktop and web trader versions. These platforms support multiple asset classes including forex, stocks, and futures, and offer advanced charting, automated trading, and fast execution. They are developed by MetaQuotes Software Corp and are widely used in the industry.
LiteForex (Europe) LTD is regulated by the Malta Financial Services Authority (MFSA), an onshore regulator. Client funds are insured up to €20,000 under the Investor Compensation Fund (ICF), offering protection in case of broker insolvency. The broker operates under a Market Making license and complies with high transparency and regulatory standards.
Licence 093/08 was issued by Malta Financial Services Authority (MFSA), the financial authority for Mongolia.
LiteForex holds this MFSA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the MFSA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates MFSA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
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