Forex broker, ForexCent, has announced that the company has officially ceased operations as of April 1, 2014. This forex broker has closed and transferred all accounts, deposits, and clients to broker LiteForex. ForexCent is a forex brokerage company that still smells like urine. Formed in 2010, ForexCent was introduced through LiteForex. ForexCent attracts its clients with very light minimum deposit requirements, only one cent or not more than IDR 150.00.
                                
The closure of ForexCent was due to its conflict with Metaquotes, the developer of the popular MT4 platform. Metaquotes reportedly canceled its license to ForexCent. Thus, ForexCent, which only relies on MT4, is paralyzed and unable to continue its operations.

However, (former) ForexCent clients need not worry. Their trading can still be continued safely. The way to do this is to contact LiteForex contact person via email, [email protected], and explain that they are a ForxCent client. LiteForex will then ask for client account data while still trading at ForexCent to be verified.

LiteForex promises that the entire transaction history of ForexCent will be transferred in its entirety, without any deductions, to a new account at LiteForex. That way, traders can continue their trading activities as before.