LiteFinance Account Types

LiteFinance offers three main account types tailored to different trading needs:

• ECN Account:
• Best for: Experienced traders and professionals.
• Minimum Deposit: $50 (or 20,900 NGN).
• Spread Type: Floating spreads from 0.0 pips.
• Commission: Yes, starting from $0.25 per lot.
• Leverage: Up to 1:1000.
• Trading Platforms: MT4, MT5.
• Islamic Account Option: Yes.
• Stop Out Level: 20%.
• Classic Account:
• Best for: Traders with some experience.
• Minimum Deposit: $50 (or 20,900 NGN).
• Spread Type: Floating spreads from 1.8 pips.
• Commission: No.
• Leverage: Up to 1:1000.
• Trading Platforms: MT4, MT5.
• Islamic Account Option: Yes.
• Stop Out Level: 20%.
• Cent Account:
• Best for: Beginners.
• Minimum Deposit: $10.
• Spread Type: Floating spreads from 3.0 pips.
• Commission: No.
• Leverage: Up to 1:1000.
• Trading Platforms: MT4, MT5.
• Islamic Account Option: Yes.
• Stop Out Level: 50%.

LiteFinance Broker Account Opening Process

Opening an account with LiteFinance is straightforward and can be completed in a few simple steps:

• Visit the Official Website: Go to the LiteFinance website and click on the "Start" or "Registration" button located at the top right corner.

• Fill Out the Registration Form: Enter your personal information, including:

• Name
• Country of residence
• Date of birth
• Active email address
• Phone number
• Password (minimum of 8 characters)

• Agree to Terms: Check the box to agree to the client agreement after reading it.

• Verification Code: Retrieve and enter the verification code sent to your registered email.

• Choose Account Type: Select your desired trading account type (ECN, Classic, or Cent), leverage, and currency.

• Submit Registration: After confirming all information is accurate, click on "Open Trading Account."

• Account Activation: Confirm your registration via the email link sent to you.

• Download Trading Platform: Download MT4 or MT5 to start trading.

• Start Trading: Log in to your account and begin trading on the selected platform.

For more details, visit the official LiteFinance website.