December 2024 – LiteFinance, a leading online trading platform, has announced the launch of its innovative ZERO Fees promotion, designed to provide clients with an opportunity to receive reimbursement for payment system fees incurred when depositing funds into their trading accounts. Under this promotion, LiteFinance will automatically return deposit fees as balance funds, ensuring a seamless and cost-effective experience for all traders.
ZERO Fees Promotion Details:
As part of LiteFinance’s ongoing commitment to enhancing the client experience, the company will refund the commission paid to payment systems when clients deposit into their trading accounts. This initiative is aimed at eliminating the often-overlooked costs associated with funding accounts, giving traders more value for their deposits.
- How it Works:
When a client makes a deposit into their LiteFinance trading account, the payment system’s deposit fee will be reimbursed directly to their account balance. For example, if a deposit of $100 is made and a $7.50 fee is charged by the payment provider, LiteFinance will automatically credit the $7.50 fee back to the client’s account, making the full $100 available for trading. - Fee Reimbursement Process:
For payments made via bank transfers, clients are required to contact LiteFinance’s financial service within two weeks of their deposit to request a fee reimbursement. Clients must provide a payment confirmation (e.g., a SWIFT copy showing the amount of the fee). For deposits made via other payment methods or cards, fees will be refunded automatically. - Eligibility and Exclusions:
The ZERO Fees promotion is available for all deposit methods except cryptocurrency. Clients who use cryptocurrency for deposits will not be eligible for reimbursement of transaction fees. Additionally, the reimbursement is contingent upon meeting the trading volume conditions outlined in the promotion’s terms. If a client’s total trading volume or spread does not meet the required threshold, the deposit fee refund may be revised or withheld. - Trading Volume Conditions:
To qualify for the full reimbursement of payment system fees, clients must meet specific trading volume requirements. These requirements are based on the client’s activity during the trading month and are calculated using a standard formula to convert the volume of trades in different assets to the EUR/USD equivalent. For Cent accounts, the trading volume will be counted at 100 times the normal volume.
Key Terms & Conditions:
- Clients must trade using their own funds (excluding credit funds) to be eligible for fee reimbursement.
- Trades made before the reimbursement request is submitted will not count toward meeting the trading volume requirement.
- LiteFinance reserves the right to refuse the reimbursement of payment system fees at its sole discretion.
- Reimbursement is available only for commissions charged by payment systems, not for other transaction fees.
- The promotion applies only to valid and verified trading accounts, with all trades adhering to LiteFinance’s client agreement.
Risk Disclaimer:
Trading in Forex and CFDs carries a high level of risk, and clients should carefully consider their financial situation and risk tolerance before engaging in these activities. Clients should be aware that meeting trading volume conditions does not guarantee a profit or success in trading.
About LiteFinance:
LiteFinance is an innovative online trading platform offering a wide range of trading products, including Forex, CFDs, and cryptocurrency. With a focus on providing exceptional service to both individual traders and institutional partners, LiteFinance is committed to offering competitive pricing, robust trading tools, and a seamless user experience. The company’s unique promotions, such as the ZERO Fees initiative, reflect its dedication to supporting clients and enhancing their trading journey.