|Spread||floating, from 0.0 points||floating, from 1.8 points|
|Commission||From 5$ per lot1||no|
|Execution type||MARKET EXECUTION||MARKET EXECUTION|
|Leverage||1:500 – 1:1||1:500 – 1:1|
|Account base currency||USD, EUR, CHF, RUB, MBT||USD, EUR, CHF, RUB, MBT|
|Rate, % per year2||2.5%||0%|
|Lot Size, $||100000||100000|
|Maximum number of orders||Unlimited||Unlimited|
|Margin Call Level||100||100|
|Stop Out Level||20||20|
- Forex Major – 10$ per lot, Forex Crosses – 20$ per lot, Forex Minor – 30$ per lot, Metals – 20$ per lot, Oil – 5$ per lot, CFD on shares – 25 cents per share, Stock indices – 5$ per contract, Crypto – 10$ per lot, MOEX – 25$ per contract
The state of the account is checked daily at the end of the day (at 23:59 GMT +3) to determine the amount of client’s own funds not used in trading. The daily interest amount is calculated in accordance with the following formula:
%, daily = (free_margin – credit) * interest_rate / 100 / 360 , where:
- free_margin – credit – the amount of client’s own surplus funds at the moment of calculation;
- interest_rate – interest rate specified;
- 360 – number of days in a year.
Annual interest rate is the percentage credited on surplus funds (annual interest).
About Lite Forex
We were the first to create the cent accounts service with the lowest deposit of as little as $1. This unprecedented step made Forex available to hundreds of thousands of clients and changed the history of the Forex market’s development. Today, LiteForex is a reputable international broker that services clients from all across the globe, offering advantageous and transparent trading conditions and a wide range of services, including cent, STP and ECN accounts. The clients have access to a variety of popular trading tools, such as CFDs, currency pairs, cross-rates, precious metals, world stock indexes, and oil.