LiteForex Officially Announces Its Rebrand to LiteFinance

Fazzaco learned that LiteForex, a multi-asset brokerage platform, has changed its name to LiteFinance. According to the company, the move is the first step in rebranding the group of companies.

"At the first stage, we have changed the company's logo, trademark, and organizational structure. From now on, our official site is located at www.litefinance.com/, and our client space is at my.litefinance.com,"the broker stated.

"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,"the broker added.

Founded in 2005, LiteForex is domiciled in Cyprus where its Liteforex (Europe) Ltd brand is regulated by CySEC. It also maintains an offshore branch in Marshall Islands which is subject to a more flexible, looser regulatory regime.

As Fazzaco reported earlier, the leading ASIC-licensed Forex and CFD broker Vantage FX has also announced its rebrand to Vantage. The brand is a key component of its ongoing global expansion strategy to deliver unparalleled experience on multi-asset products and provide the tools for both established and emerging markets to ensure better execution on trades.