LiteFinance Minimum Deposit: $10 Cent, $50 ECN and Classic, and Deposit Fees

LiteFinance's account types page lists a minimum deposit of $50 for its ECN and Classic accounts and $10 for its Cent account. Card deposits through its processing partner start at $10. The FAQ adds that there are no upper limits on deposits for any account type, and that LiteFinance doesn't charge a commission when you top up: you only pay what your payment system charges, and under its ZERO Fees promotion LiteFinance refunds most of those fees too.

A minimum gets you started; a sensible first deposit depends on your account type and how you plan to trade.

Minimums by account

Cent accounts are only offered to clients from a list of countries, including Bangladesh, Indonesia, Malaysia, Nigeria, the Philippines, South Africa, Thailand and Vietnam. Our LiteFinance cent account guide lists them all.

How to deposit

1. Log in to the Client Profile and switch to the real trading mode.
2. Open the Finance section.
3. Choose bank card, bank transfer, an electronic payment system or crypto.
4. Enter the amount and complete the payment.
5. Funds made through the Client Profile are credited automatically, usually within minutes.

LiteFinance warns that direct transfers to its wallets outside the Client Profile aren't automatic; you then need to contact the financial department with the date, amount, wallet IDs and your trading account number.

Deposit methods and times

Crypto deposits are credited once the blockchain confirms the transaction, usually after around six confirmations. LiteFinance recommends sending Tether TRC-20 within two hours of creating the deposit request.

ZERO Fees: deposit fees refunded

Under its ZERO Fees promotion, LiteFinance refunds the fee your payment system charges on a deposit, crediting it to your trading account as balance funds. For cards and e-payments the refund is automatic. Bank transfer fees are refunded when you email the financial service within two weeks with the SWIFT copy showing the fee. Crypto deposit fees aren't refunded, and LiteFinance can revise refunds for clients who trade less than one lot and pay less in spreads and commissions than the fees refunded. It describes the program as part of its loyalty scheme, not an obligation. See our LiteFinance fees guide.

Rules that affect withdrawals

• Withdrawals go back to the same wallet and currency used for the deposit.
• If you deposit by several methods, withdrawals are split proportionally between them.
• Transactions under $1 aren't accepted.
• European clients aren't served by LiteFinance Global LLC.

How much should you deposit?

On a $50 ECN account, a 0.01-lot EUR/USD trade moves about 10 cents a pip, so a 20-pip stop risks about $2, or 4% of the balance. That is on the high side for one trade. LiteFinance itself recommends average deposits of $500 for Cent, $2,000 for Classic and $5,000 for ECN in its swap-free account tables, figures that leave room for normal stops and copy trading.

Bonuses

LiteFinance runs deposit bonus promotions with their own conditions. See our LiteFinance bonus page for current offers.

Local currency deposits

In some countries, LiteFinance accepts deposits in the national currency through local representatives. The Client Profile's Finance, Local Deposit section shows the current exchange rate and commission as you type the amount, along with the sum that will reach your trading account. Clients in Ghana, Nigeria and Myanmar can also hold accounts denominated in their local currencies.

If you deposit in a currency that differs from your account currency by bank transfer, your bank's exchange rate applies. Funding in your account's own currency, where you can, avoids paying conversion twice.

Internal transfers

Once money is in your Client Profile, you can move it between your own trading accounts instantly in the Metatrader section, up to 50 transfers a day. That lets you fund a Cent account for testing and an ECN account for main trading from a single deposit, without paying payment-system fees twice.

Deposit checklist

Before your first deposit: verify your profile so every method is visible, choose a method you're happy to withdraw to as well, deposit in your account's currency where possible, and keep the payment confirmation. For bank transfers, note the date and reference so the financial department can match the payment quickly.

Start with an amount that lets you follow your risk rules comfortably, then add more as your results justify it. Deposits are free, so topping up later costs nothing.

Frequently asked

Related reading

• LiteFinance withdrawal
• LiteFinance account types
• LiteFinance cent account
• LiteFinance fees
• LiteFinance bonus
• Our full LiteFinance review