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March 17, 2022

How to deposit and withdraw funds to/from LiteFinance's accounts?

Here is what you need to know about fund deposit and withdrawal for LiteFinance's trading accounts.

Here-is-what-you-need-to-know-about-fund-deposit-and-withdrawal-for-LiteFinance's-trading-accounts. Here-is-what-you-need-to-know-about-fund-deposit-and-withdrawal-for-LiteFinance's-trading-accounts.

How to deposit funds to LiteFinance’s accounts?

You can top up your trading account from your client profile using the electronic payment system indicated on the same page.

To fund your account with a bank card, you can use several intermediary payment systems.

Also, you can deposit money into your account via bank wire.

To choose any of the above deposit methods, please click the “Finance” button in the customer’s profile, and then select the “Bank Card” option.

There are no restrictions on any type of account.

Using the trader’s calculator, you can easily calculate the amount you need to trade according to your trading strategy.

You can find more details on account types on the “Trading Account Types” page.

Go to LiteFinance’s Official Website

How to withdraw funds from LiteFinance’s accounts?

In the ” Finance ” area, you can withdraw funds through your client trading account, using the payment system that recharges the account.

Please note the company’s anti-money laundering policy (funds can be transferred to the same wallet in the same currency as the deposit), and the level of verification requirements for different withdrawal types

Withdrawal requests are processed manually by the finance department during its business hours.

According to the customer agreement, the transfer operation is carried out on a “first come, first served” basis within 1 business day from the date of the request.

Please note that if you are using a bank wire transfer, it may take up to 5 business days for your transaction to process, depending on the speed of operation of the sender and recipient banks.

Open LiteFinance’s Account

About Instant Fund Withdrawals

Such services ensure that certain withdrawals will be processed automatically, reducing waiting lists for withdrawal requests.

You have the right to make two instant withdrawals per day, provided that the amount of these operations does not exceed 3000$ and your profile status is “Confirmed”.

If your profile status is “Basic”, you can make one instant withdrawal per day, and the withdrawal amount must not exceed 1000$.

Log in to LiteFinance’s Official Website

Cost of fund deposit and withdrawal

LiteFinance does not charge any commissions for top-up trading accounts.

You only pay the commission of the payment system used to top up your trading account.

According to the company’s customer loyalty program, LiteFinance returns fees charged to customers by most payment systems to their trading accounts.

Go to LiteFinance’s Official Website

Transferring funds between trading accounts

Assuming that all accounts are owned by you and are in the same profile, it is possible to automatically transfer funds from a trading account to another account in the “Profile” block of ” Metatrader “.

Clients can conduct such transactions on their own without the assistance of the Company’s finance department.

Funds will be transferred to another account immediately.

The number of operations for internal transfers is limited to 50 per day.

Open LiteFinance’s Account

What you need to know before making a deposit

Please also pay attention to LiteFinance’s rules for depositing and withdrawing funds from trading accounts.

These rules are designed to specifically reduce the risks involved in these operations and provide financial security.

Funds can only be withdrawn in the same wallet and in the same currency that was used to top up.

This means that if you fund your account with Skrill, you can only withdraw funds using the same Skrill wallet that you used to fund your account.

If you wish to use another payment system, you will only be able to withdraw funds if you deposit with the new wallet, otherwise, you will be able to withdraw funds proportionally to both wallets.

This rule is governed by the Anti-Money Laundering Policy.

Also, please note that LiteFinance does not accept transactions below $1.

Go to LiteFinance’s Official Website

Open Hours of LiteFinance’s financial department

Deposit operations via personal customer profiles are automatic.

Please note that direct deposits to LiteFinance’s wallet are not automatic.

After you deposit, you should contact LiteFinance’s finance department and inform them about your deposit.

You can send an email or connect with them via live chat.

You should provide the following information: the date and approximate time of the transfer; the exact amount of funds; your wallet number; the wallet number to which you have transferred; Please note that transfers between wallets are not automatic and this action takes more time to process.

Please top up via customer profile to avoid delays.

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