Bonus Accrual Conditions
The main requirements for receiving a deposit bonus:
- Complete the registration and account verification procedure.
- Open one of the real trading accounts with LiteForex.
- Make an initial deposit to the chosen trading account.
- Submit a bonus request through the personal account or support service.
After verifying compliance with the promotion’s conditions, the bonus funds will be credited to the trading account within 3 business days.
Types of Deposit Bonuses
Depending on the rules of a specific promotion, LiteForex may offer the following types of bonuses:
Bonus Type | Format | Example |
Fixed Amount | Fixed monetary amount | +$100, +$500 |
Percentage of Deposit | Percentage of your first deposit amount | 30%, 50%, 100% bonus |
Free Trades | Provision of risk-free trades | 10 free trades |
Free Signals | Free trading analytics and signals | Access to a closed chatroom with analysts |
The rules for wagering, validity periods, and withdrawal of funds are specified individually for each promotion.
Important Bonus Conditions
When receiving a deposit bonus, the following special conditions apply:
- Trading operations must be carried out after the bonus is credited
- Bonus funds are not available for immediate withdrawal
- To withdraw the bonus funds, they must be wagered according to the promotion’s conditions
- An early withdrawal before wagering may result in a penalty or bonus cancellation
- LiteForex reserves the right to revise the terms and cancel bonuses in case of violations
Wagering Bonus Funds
To permanently assign the bonus funds, the client must meet the wagering requirements (lot volume, turnover) on their trading account:
- Typically, the wagering requirement is 20-30 times the bonus amount
- Separate wagering conditions may apply for bonuses in the form of free trades/signals
- The wagering period is usually from 30 to 180 calendar days
After the wagering is completed, all bonus funds are transferred to the status of real funds and available for withdrawal.
Examples of Bonus Promotions
LiteForex regularly updates the line of deposit bonus promotions:
- “Spring Bonus” – 30% on the first deposit, 60-day wagering period
- “Summer Drive” – 50% on deposits over $500, wager within 90 days
- “Top Trader Bonus” – $1,000 bonus on the first deposit of $10,000 or more
- “Beginner’s Bonus” – 100 risk-free trades for new clients
And many other promotions with attractive bonus conditions.
Emerging Issues
Some clients have reported the following problems:
Issue: The bonus was not credited after the deposit.
Solution: Check if all the promotion’s conditions were met, including account verification. If necessary, contact support.
Issue: Inability to wager due to high requirements.
Solution: Study the conditions in advance, choose suitable promotions with realistic wagering requirements.
Issue: Penalties/bonus cancellation due to violations.
Solution: Carefully read all the wagering rules, avoid any manipulations.
LiteForex adheres to the principles of honesty and transparency, offering favorable conditions for loyalty programs for traders. If you have any disputes, the support service will provide assistance.
FAQ
The bonus eligibility may vary for different account types (Classic, ECN, Crypto, etc.). Check the promotion details.
Usually, the bonus is credited only on the first deposit to a new trading account. Other promotions apply to subsequent deposits.
After fully meeting the wagering requirements, the bonus is transferred to the status of real funds without any time restrictions.
In this case, the bonus will be canceled, and a penalty may be deducted from the real deposit amount, according to the promotion’s rules.