LiteForex broker recently announced that it had changed its name to LiteFinance. The name change is part of the company's major rebranding and structural change. LiteFinance has also made an official announcement regarding their restructuring process:

"We are proud to announce that our team has taken the first steps in rebranding our company. At this first stage, we are making changes to the company logo, trademark and organizational structure," said  the official announcement.

The rebranding process started when the broker from Marshal Island officially joined LiteFinance Global LLC in St. Vincent & the Grenadines in March 2021. This change in identity will further support the company's transformation from a forex-only broker to a multi-asset trading service provider.

New License Addition

This broker, which is known for providing various assets such as forex, CFD, stocks, and cryptocurrencies, intends to add more licenses from new jurisdictions. However, at this time, it is not known exactly which jurisdiction is meant.

As part of this rebranding move, LiteFinance broker plans to redesign and make major changes to their official website to make it more up-to-date and user-friendly. Later, several innovative products will be launched so that traders can enjoy more attractive features when trading.

Starting on November 8, 2021, their client accounts are already under the LiteFinance Global service. For traders who are registered with LiteForex, there is no need to worry. This broker guarantees that the restructuring process will not interfere with the trading process because the founders and the broker team involved are still the same as before.